Tag Archives: News

Litecoin price is slowly recovering and trading above the $45.00 resistance zone against the US Dollar.LTC price is now trading above $46.20 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $45.85 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 key $47.30 resistance zone in the near term.Litecoin price is currently showing positive signs above $45.00...

If anyone is interested in starting their own major crypto company somewhere, they should probably look at how Coinbase operates. The exchange is one of the largest trading platforms in the United States, and while that’s certainly important, the company appears to have its head on straight when it comes to all the distractions of the outside world.Brian Armstrong States How Coinbase Will Move in the FutureIn a blog post published on Sunday by CEO Brian Armstrong, Coinbase mentioned that it...

Jack Dorsey is back in the news, and once again, he’s pushing the power of both bitcoin and the blockchain technology that supports it.Jack Dorsey Is Still Pushing BitcoinAs the CEO of Square and Twitter, Dorsey has always been there to push the bitcoin agenda he holds so dear. He has stated in the past that within the next ten years, he can easily see bitcoin becoming the world’s only currency. He has also stated that it’s the best internet currency, and that he would at some point travel to...

Forrester Consulting has completed a survey it’s entitling the “Total Economic Impact of Accepting Bitcoin Using Bit Pay.” As it turns out, it looks like businesses that accept crypto as a means of payment for goods and services are having an easier time attracting new customers.Bit Pay Is Pushing Crypto Adoption EverywhereThe report suggests four primary findings following the study. The first shows that most people looking to pay with crypto will be new customers. The second is that people...

Bitcoin price is facing a strong resistance near $10,900 and $11,000 against the US Dollar.The price is holding the $10,600 support level and the 55 SMA (H4).There is a key breakout pattern forming with support near $10,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to decline sharply if there is a break below the $10,600 and $10,500 support levels.Bitcoin price is currently trading in a range above the $10,500 support against the US Dollar. BTC...

When it comes to bitcoin, these last few weeks have been classic cases of “the good news and the bad news.”Bitcoin Has Been Shaky, but It’s Also Been Pretty Solid in Several WaysThe bad news is that not too long ago, bitcoin was trading for over $12,000 and unfortunately, this didn’t last. The currency ultimately fell into a black hole of sorts that took it all the way down to the low $10,000 range before it began to show small signs of life here and there that eventually brought it back up...

Over the past year, Bitwise – a crypto asset management firm – has managed to put away roughly $9 million for its bitcoin fund.Bitwise Is Growing FastA regulatory form filed with the U.S. Securities and Exchange Commission (SEC) discussed the data and suggested that the money came from more than 40 separate investors. The minimum investment amounted to just under $4,000.The paperwork was filed with the SEC after Bitwise announced that it was changing its name from Bitwise Bitcoin Fund, LLC to...

CEO of Galaxy Digital Michael Novogratz is at it again with his praise and pushing of bitcoin. In a recent interview, he said that BTC was less risky than the stock market.Mike Novogratz Is Pushing BTC AgainAs it stands, bitcoin has been going through something of a rough patch. The currency recently fell from about $12,400 to its present figure of $10,800, which is about $400 higher than where it stood just a few days ago. The good news is that bitcoin is quite close to hitting the $10,900...

ADA price gained traction and rallied above the $0.1000 resistance against the US Dollar.The price traded to a new monthly high at $0.1065 and settled above the 55 simple moving average (4-hours).There was a break below a major bearish trend line with resistance near $0.0860 on the 4-hours chart (data feed via Kraken).The price is currently correcting lower, but dips are likely to find support near $0.1000 or $0.0950.Cardano price is trading in a positive zone above $0.1000 against the US...

Ethereum price started an upside correction from the $313 swing low against the US Dollar.ETH price is currently struggling to clear the $365 resistance and trading just above the 55 simple moving average (4-hours).There was a break below a key ascending channel with support near $354 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $350 support level in the near term.Ethereum price is declining and trading below the $355 support against the US...