Tag Archives: News

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...

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,...

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...

Bitcoin is all the rage as of late, and it looks like more companies are looking for ways to reward their customers with the world’s number one digital currency by market cap. We all require groceries each month, and thus one of the largest grocery retailers in America – Kroger – has stepped forward and is offering its customers regular bitcoin rewards just for making normal, everyday purchases at their outlets and stores.Kroger Is Offering BTC Rewards to ShoppersOver the past week or so,...

One of the big stories centering on bitcoin during the latter half of 2020 was the fact that Square – a company operated and owned by Twitter founder Jack Dorsey – has purchased a large sum of it.Square Has Bought Bitcoin – So What Have We Learned?Last month, the company announced that it had made a $50 million investment in the world’s number one cryptocurrency by market cap, and that it had also earned quite a bit of bitcoin-related revenue during its final quarters of 2020. This is a...

Bitcoin has stumbled over the past 24 hours, falling back below the $16,000 line. At the time of writing, the currency is selling for just over $15,800, about $500 less than where it stood in its recent prime.Bitcoin Has Backed Off a BitAnd yet, analysts don’t seem bothered by this. In fact, they claim that the currency is likely to encounter “minimal resistance” as it continues to reach towards $20,000. This is the sentiment of industry experts such as Jason Lau, the chief operating officer...

ADA price is showing a lot of positive signs above the $0.1000 support against the US Dollar.The price is trading above the $0.1050 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1050 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.1100 and $0.1120 resistance levels.Cardano price is slowly gaining pace above $0.1050 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price is holding gains above the $450 and $440 support levels against the US Dollar.ETH price is currently trading well above $450 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $452 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher once there is a clear break above $470 and $472.Ethereum price is trading in a positive zone above $450 against the US Dollar. ETH/USD could accelerate higher...

David Schwartz, the chief technology officer at Ripple, has lost more than $300,000 after investing in assorted altcoins.David Schwartz Has Lost a Lot of Crypto in Recent YearsThe crypto space can be quite speculative. In fact, it is often said that people who choose to invest in crypto should be prepared (somewhat) to lose their entire investment. The volatility of cryptocurrencies and the vulnerability of the space to hackers and malicious actors are two of the biggest contributors to the...

The cryptocurrency space has become synonymous over the years with hacks, cyberthieves and malicious behavior. It has been announced that another digital currency platform has fallen victim to such antics. This time, the victim happens to be Akropolis, which is reporting more than $2 million in Dai cryptocurrency stolen from its reserves.Akropolis Is the Latest Exchange to Be CompromisedAkropolis is a crypto lending service that allows crypto holders to pool all their digital funds together...