Bitcoin cash price started a fresh increase after testing the $230 support against the US Dollar.The price is back above the $245 resistance and testing the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $258 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a strong rally if it clears the $255 and $258 resistance levels.Bitcoin cash price is gaining momentum above $245, similar to bitcoin...
Read More »Analysts: The $14K Bitcoin Price Wasn’t a Fluke
According to many analysts, the $14,000 price that bitcoin reached on Halloween this year wasn’t a fluke. They claim that bitcoin has become much stronger in recent weeks, and that the currency is likely to reach this position again soon.Bitcoin Will Hit $14,000 Again This YearThere are several reasons as to why bitcoin is likely to hit $14,000 again in the coming days. According to key indicators and technical charts, Google searches pertaining to bitcoin have slowed down heavily in recent...
Read More »The SEC Tells Traders to Stay Away from Bitcoin Digital
The Securities and Exchange Commission (SEC) is telling traders to stay far away from a company that’s been allegedly endorsed by Finance Secretary Carlos G. Dominguez III. The firm is also utilizing what appear to be fake endorsements from celebrities, though the company is unregulated and is not in line with present financial legislation.The SEC Continues Its Crackdown of Phony Crypto FirmsThe enterprise the SEC is referring to is known simply as “Bitcoin Digital.” Agents claim that the...
Read More »Bitcoin Is Headed Back Up the Financial Ladder Following Slight Drop
Bitcoin has fallen behind a little as of late, with its price taking a dip from around $13,850 to $13,400. However, as of today, the currency is back up in the $13,700 range, and analysts and industry experts everywhere believe that more price bumps are headed our way in the coming days and weeks.What Made Bitcoin Fall Back, Anyway?A lot of individuals believe that the reason bitcoin fell back so badly is because there are many traders out there who sold their bitcoin stashes – either all or...
Read More »EOS Price Analysis: Significant Bullish Breakout Scenario
EOS traded to a new monthly low at $2.241 before correcting higher against the US Dollar.The price is currently trading above $2.350, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $2.420 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the $2.420 and $2.500 resistance levels in the near term.EOS price is showing a few positive signs above $2.350...
Read More »Litecoin (LTC) Price Analysis: Bulls Eyeing Fresh Rally To $60
Litecoin price found support near the $51.20 level and recently corrected higher against the US Dollar.LTC price is currently trading above the $54.00 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $54.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $56.00 resistance level in the near term.Litecoin price is showing positive signs above $54.00...
Read More »Paxful and Ternio Join Hands to Introduce New BTC Debit Card
Block Card – a fintech and cryptocurrency firm established by Ternio – is joining hands with peer to peer (P2P) bitcoin platform Paxful to give users access to a new kind of digital debit card. According to a statement, the card will be available to residents of the United States, who will have the opportunity to convert digital currencies into USD for the purpose of buying goods and services. They can also open bank accounts and withdraw money from ATMs around the world.Paxful and Ternio...
Read More »New Japanese Crypto Exchange, Bitterz, Opens for Business
The world is saying hello to its newest cryptocurrency trading exchange. Known as Bitterz LLC, the exchange is based out of Japan while its parent company is stationed in a small nation in the Caribbean known as St. Vincent and the Grenadines. The firm is celebrating its addition to the crypto space by giving away free bitcoin for customers to enjoy and to get into the trading spirit.Bitterz Is Here and Ready to TradeStarting a crypto exchange is not an easy feat. There is tons of regulation...
Read More »Halloween Brings Bitcoin to Canadian Trick or Treaters
“Trick or treat! Trick or treat! Boy, this bitcoin can’t be beat!” That’s probably the little rhyme a lot of trick or treaters in Canada were saying to themselves and to each other after they received $100 in BTC each this year on Halloween.Halloween Isn’t Just About Candy AnymoreThe digital treats were handed out by Canadian author and partner at X Squared Ventures Brad Mills, who instead of candy this holiday season, decided to pass out bitcoin to all the kids who came by his house on...
Read More »Tron (TRX) Price Analysis: Key Breakout Zone Near $0.025
Tron price started a fresh decline from the $0.0270 resistance zone against the US Dollar.TRX price is currently recovering above the $0.0240, but it is well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance at $0.0250 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0250 resistance zone.TRON price is currently recovering from $0.0230 against the US Dollar,...
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