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Tag Archives: News

Citibank Analyst Thinks Huge Things Could Happen for Bitcoin

With bitcoin now trading for just under $18,000 – a near $1,000 gain from just two days ago – many analysts and industry experts find themselves wondering where bitcoin will go next. The currency has been on one of its biggest bull runs since 2017, and many believe that 2020 will end with bitcoin striking its all-time high of $20,000 per unit once again.Bitcoin Could Soon Travel to the SkiesHowever, things aren’t quite stopping there. Many are wondering where bitcoin will head in the...

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Ray Dalio Still Doesn’t Quite Get It When It Comes to BTC

Billionaire investor Ray Dalio explained in a recent tweet he’s likely missing something when it comes to bitcoin, though what he’s missing isn’t clear considering he used the rest of his “social media time” to pass negative thoughts on the coin and explain why it could never be used as a mainstream currency.Ray Dalio: Bitcoin Is Too VolatileBitcoin has done quite well as a speculative asset, but at the end of the day, it – along with various other cryptocurrencies – was created to serve as a...

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Bitcoin Continues to Move Up the Financial Ladder

The price of bitcoin just keeps shooting up, up, up. Thus, it looks like 2020 is shaping out to be one hell of a year in many ways. The currency – which just a day or so ago was trading for around $16,800 – has just shot up another $1,000, and the currency is now trading for well over $17,700, the highest it’s been in a long time.Bitcoin Just Continues to Shoot NorthIt’s been mentioned that bitcoin could potentially hit its all-time high of roughly $20,000 by the time we’re ready to say hello...

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EOS Price Analysis: Dips Likely Supported Near $2.55

EOS rallied towards the $2.750 level before correcting lower against the US Dollar.The price is currently trading above the $2.550 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $2.550 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a fresh rally if it clears the $2.650 resistance zone in the near term.EOS price is currently correcting gains from $2.750 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: More Upsides Possible Above $80

Litecoin price started a steady increase above the $70.00 resistance against the US Dollar.LTC price traded close to $78.00 and it settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $66.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $76.00 resistance level in the near term.Litecoin price is showing positive signs above $70.00 against the US Dollar,...

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Filmmaker Nick Loeb Will Create His Next Project Using Crypto Funds

Filmmaker Nick Loeb is turning to cryptocurrency to make an anti-abortion movie about the Supreme Court case Roe v. Wade.Nick Loeb Is Ready to Bring A Sensitive Subject to LightFor those who have been living under a rock for the past four years, abortion has become a huge topic in the United States. President Donald J. Trump has repeatedly taken an anti-abortion stance and has sought the defunding of organizations such as Planned Parenthood, a decision that has rung bells with conservative...

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China Bank Wants to Raise $3 Billion with Bitcoin’s Help

China Construction Bank – one of the largest financial institutions in the country – is unveiling its new funding plan that will potentially allow the firm to raise more than $3 billion from bond sales. What’s the big clincher? People will be able to purchase these bonds with bitcoin and other forms of crypto.China Bank Sees Bitcoin as a Potential ToolChina has had a very odd relationship with bitcoin and its altcoin cousins. On the one hand, bitcoin has potentially surged so much because the...

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Bitcoin Adds $1K to Its Price; Trades For Just Under $17K

It just goes to show you that bitcoin should never be held in doubt. The currency – which had recently fallen by about $400 to around $15,800 – has shot up by more than $1,000 and is now trading for approximately $16,800. As we edge closer and closer to the holiday season, it appears more likely that bitcoin will potentially repeat its 2017 patterns and hit the $20,000 mark.Bitcoin Is on a Serious RollThe currency has had a very up and down year, but as of late, the asset is dead set on the...

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Tron (TRX) Price Analysis: Dips Remain Attractive Above $0.024

Tron price started a decent increase above the $0.0240 and $0.0250 levels against the US Dollar.TRX price traded as high as $0.0268 before it corrected lower towards the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0252 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase as long as it is above $0.0250 and $0.0245.TRON price is currently correcting gains from well above $0.0265 against the US Dollar,...

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Bitcoin Price Analysis: BTC Rallies To $18.5K Before Correcting Lower

Bitcoin price started a strong increase above the $17,000 and $18,000 resistance levels against the US Dollar.The price traded as high as $18,493 and it settled nicely above the 55 SMA (H4).There is a key bullish trend line forming with support near $16,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but the bulls are likely to remain active near $17,200 and $17,000.Bitcoin price is showing bullish signs above the $17,000 zone...

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