Tag Archives: News

Ethereum price started an upside correction from the $335 support against the US Dollar.ETH price is currently struggling to clear the $355 resistance and trading near the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $352 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $355 resistance or it might start a fresh decline below $350.Ethereum price is approaching a major breakout zone near $355 against the US...

It has been a crazy year for bitcoin. The asset – which began 2020 at around $7,000 per coin – has fallen to as low as $3,800 in mid-March, but eventually rose as high as $12,000 per unit in August.Could Bitcoin Head for the Trillions?Earlier today, Live Bitcoin News reported that bitcoin could potentially experience a solid final three months of the year, and that the fourth quarter of 2020 would be particularly kind to the world’s number one cryptocurrency by market cap. In fact, one source...

According to the latest charts and insights from crypto experts and analysts, the fourth quarter of this year is going to be rather kind to bitcoin.Will These Final Months Be Good for Bitcoin?In the past, the fourth quarter is always a major determiner of how bitcoin’s price trends will be in future months. In 2016, we saw bitcoin reach the $1,000 range for the first time in approximately three years. Not since 2013 had bitcoin managed to hit such a goal. This set the stage up for the...

Since bitcoin first emerged on the scene, many have argued that the process of mining bitcoin and other cryptocurrencies has caused the environment a lot of trouble. Many claim that the mining process requires far too much electricity, and that the energy being wasted on such frivolous operations is contributing to climate change and other environmental hazards.Does Bitcoin Mining Use a Lot of Energy? Well, It’s Complicated…In the past, many studies have been produced on this. It is often...

Stellar lumen price seems to be forming a support base above $0.0700 against the US Dollar.XLM price is currently facing hurdles near $0.0750 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.0750 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0750 and $0.0760 resistance levels.Stellar lumen price is showing recovery signs above $0.0700 against the US Dollar, similar to bitcoin....

Ripple price is gaining pace above the $0.2400 and $0.2450 resistance levels against the US dollar.The price is now trading nicely above $0.2450 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.2415 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could gain bullish momentum if it manages to clear the $0.2550 resistance zone.Ripple price is trading with a bullish bias above $0.2420 against the...

Not long ago, Live Bitcoin News reported that the top U.S. cryptocurrency exchange Coinbase put out a notice saying that it was revamping its employment techniques and strategies.Are People Not Happy with Coinbase?In a blog post, CEO Brian Armstrong mentioned to readers that the company would not be openly supporting social activism or political causes, claiming that there was a time and a place for these sorts of things. Instead, the company was going to focus on putting out the best...

Cryptocurrency is a growing medium of finance, but according to many analysts, the lagging tax regulations is a serious problem for the arena worldwide, and they are convinced that so long as regulations continue to lag, the crypto space will never reach mainstream or legitimate status.Regulations May Not Be as Important as We ThoughtFor years, people have been talking about the lack of regulation and clarification regarding tax data for cryptocurrencies. What constitutes a transaction? What...

It looks like the idea that bitcoin is a “safe haven” of sorts has been challenged this weekend. News of Donald Trump and his hospitalization due to the coronavirus infection has brought an end to the electric surge stocks were experiencing, and as a result, bitcoin is also showing signs of weakness, suggesting that the correlation between the S&P 500 and bitcoin is still there and as strong as ever.News Regarding Trump Brings Down Stocks… and BTCFor the longest time, many industry...

Many analysts and industry experts are predicting that bitcoin will likely fall back into the low $10,000 range following its recent drop of nearly $200.Bitcoin Keeps Heading SouthAs it stands, the currency has failed over and over this week to reach the $11,000 mark. The currency has been struggling to reach this peak over the past 14 days and wants to repeatedly waver between $10,500 and $10,800. Today’s drop to around $10,536 is nearly $200 less than where it stood just 24 hours ago, and...