Tag Archives: News

It’s happened again, folks. Another cryptocurrency exchange has confirmed a hack. This time, the alleged victim is the trading platform Liquid, which said in a statement that it’s still investing the specifics of the attack including how much was potentially compromised and who might be responsible.Liquid Is the Latest Subject of a CyberattackIn a blog post, the company’s man in charge Mike Kayamori mentioned what occurred:“On the 13th of November 2020, a domain name hosting provider that...

Bitcoin is trading for around $17,800 at the time of writing, though the world’s number one cryptocurrency by market cap had initially spent the early parts of this morning trading above the $18,000 mark, thus suggesting that the currency has the power to rise further.Could Bitcoin Beat Its Old Record?The asset is presently undergoing a slight correction, having lost a few hundred dollars and settling at a lower price, though to be fair, this has happened a few times with the currency....

Bitcoin cash price is holding ground above the key $242 support zone against the US Dollar.The price is now trading above the $252 support and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $258 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could rally significantly if it clears the $258 and $260 resistance levels.Bitcoin cash price is rising steadily above $250, similar to bitcoin above $18k against the US...

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...

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...

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...

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...

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,...

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...

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...