Tag Archives: News

Ethereum price extended its rally above the $375 resistance zone against the US Dollar.ETH price is currently trading well above $370 and the 55 simple moving average (4-hours).There was a break above a key bullish flag pattern with resistance near $375 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but dips are likely to find support near $365.Ethereum price is showing positive signs above $365 and $375 against the US Dollar. It seems like ETH/USD...

Cryptocurrency is coming to the big screen. Academy Award-winning actress Kate Winslet – who won the Oscar for her portrayal of a Nazi soldier in hiding in 2008’s “The Reader – has announced her plans to star in and produce a film about One Coin, the crypto Ponzi scheme founded in 2014.Kate Winslet Is Bringing Crypto to American TheatersEntitled “Fake!” the movie is based on an upcoming book set to be released by Jen McAdam and Douglas Thompson. The book tells the story of McAdam’s...

Mobile crypto wallet BRD has announced that it’s garnered roughly six million customers over the past five years, reaching a new record.BRD Users Have Exploded In Two Big RegionsExecutives claim that the companies biggest client bases are now in Latin American countries and in India, which presents two contrasting issues facing the crypto world. On the one hand, Latin America has been a growing base for cryptocurrency representation and usage. Cryptocurrencies such as Dash and bitcoin have...

Former Facebook executive Chamath Palihapitiya says that bitcoin is the only insurance policy available today against inflation and other economic strife.Palihapitiya: We All Need Some BitcoinIn a recent interview, Palihapitiya commented that while many bitcoin advocates are struggling to understand who is better for the economy in this coming election – either Trump or Biden – he says that neither candidate will do well for the U.S. dollar. In a classic prediction of gloom and doom, he...

Stellar lumen price seems to be gaining pace above $0.0750 against the US Dollar.XLM price is currently trading well above $0.0765 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0785 and $0.0800 resistance levels.Stellar lumen price is showing bullish signs above $0.0750 against the US Dollar, similar to bitcoin. XLM...

Ripple price is gaining pace above the $0.2480 and $0.2500 resistance levels against the US dollar.There is a key bullish trend line forming with support near $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to climb further above $0.2600 as long as it is above $0.2455.Ripple price is trading is a positive zone above $0.2500 against the US Dollar. XRP price is likely to continue higher if it clears the $0.2600 resistance zone.Ripple Price...

It looks like Square and bitcoin are really complementing each other. After the company had purchased roughly $50 million in bitcoin units, the firm’s stock shares have reached an all-time high, and it looks like bitcoin is beginning to pull itself out of its September doldrums and reach for the stars once again, having hit a price of roughly $11,300 at the time of writing, the highest it’s been in over a month.Square Stock Reaches Its Highest PeakSquare commented that it initially bought...

Billionaire investor Jeff Gundlach – who has since garnered a reputation for being a “bond king” – has laid out his thoughts regarding bitcoin and today’s financial markets. While he denies being a legitimate “bitcoin hater,” it’s clear from his recent words that he doesn’t believe in it, and he’s convinced that the cryptocurrency is nothing like what it’s fans claim it to be.Jeff Gundlach Doesn’t Believe in BTCIn a recent interview, he commented:I don’t believe in bitcoin. I think it’s a...

At the time of writing, the price of bitcoin has shot up by more than $300. It’s often been reported that September is a naturally bearish month for bitcoin and several other assets, but that it will usually fail to have any lasting effect on the price of the currency. It will not carry anything into the fourth quarter, and thus far, things are playing out as normal.Bitcoin Is Up Even More TodayThere is more good news in that it looks like bitcoin is becoming far more mature and much more...

Bitcoin has once again shot past the $11,000 mark. This is the first time the world’s number one cryptocurrency by market cap has hit this number since September 19. While it’s easy to get excited at first, many crypto enthusiasts are likely wondering, “Will this figure last?”Will Bitcoin Retain This Momentum?The world’s primary form of cryptocurrency has experienced a rough 40 days. From the end of August through early October, bitcoin has suffered under the crippling bearishness of...