Tag Archives: News

Bitcoin broke $11,000 earlier this morning. Unfortunately for all of us, it didn’t last. The currency rose beyond the $11K level only to fall back to $10,800 – a $200 fall within just a few hours. This is exactly what happened when bitcoin first struck $12,000 in August. The behavior suggests that perhaps $11,000 is the new resistance station that bitcoin will have to overcome.Bitcoin Shoots Beyond the $11K LevelHaving said that, many analysts are pleased that the currency did manage to shoot...

Bitcoin cash price is slowly moving higher and it is trading above $225 against the US Dollar.The price is currently consolidating below the $240 resistance and above the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could either rally above the $240 resistance or dive back towards the $200 handle.Bitcoin cash price is showing positive signs above the $225...

Are things about to go under for Elon Musk, the famed founder of SpaceX and Tesla? Analyst Julian Bridgen has been comparing Tesla’s stock price to the bitcoin bubble of 2017, which ultimately popped in very ungraceful fashion. He’s claiming that Tesla can expect to see similar results very soon.Tesla Isn’t Looking Very Stable as of LateElon Musk is a very intriguing figure in many ways. Despite having little to do with bitcoin, he’s come to be known as one of the biggest promoters of the...

Gene Simmons, the bassist from the popular rock band Kiss (known for its over-the-top vocals, makeup and costumes), appears to be getting ready to move deeper into bitcoin territory and work hard to make it more accessible.Gene Simmons Hints He’s Working with BitcoinThere is a long list of celebrities that have gotten involves in the crypto world. The latest case involves rapper T.I., who settled charges handed out by the SEC (Securities and Exchange Commission) for allegedly promoting a...

Bitcoin has once again spiked further and headed deeper into bullish territory. The world’s number one crypto by market cap has surged to just over $10,900 and is now on the verge of hitting $11,000.Bitcoin Could Rise Into the $11K RangeAt this stage, it would probably be correct to assume that bitcoin will hit this figure in a relatively short period. It is less than $100 away and has been on the rise for the past 72 hours or so. Given the circumstances that bitcoin is facing, it’s also...

EOS gained pace from the $2.575 support and climbed higher against the US Dollar.The price is trading above the $2.70 resistance and testing the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to rise if there is a clear break above the $2.800 resistance zone.EOS price is showing a few positive signs against the US Dollar, similar to...

The Commodity Futures Trading Commission (CFTC) has filed charges against four individuals – three in Texas and one in Florida. All four of the figures have been accused of defrauding investors through a bitcoin scam that has resulted in more than $1 million in lost funds.The CFTC Isn’t Playing AroundThe CFTC has named the bad actors as Joel Castaneda Garcia, Mayco Alexis Maldonado Garcia, Cesar Castaneda and Rodrigo Jose Castro Molina. The four represented a company known as Global Trading...

Yesterday, Live Bitcoin News reported that a company called MicroStrategy – which had already purchased roughly $250 million in bitcoin recently – was now considering adding more units of the world’s number one digital currency to its now massive stash.MicroStrategy Has Made Its Next Major MoveWell, it looks like those considerations have led to action as MicroStrategy just announced today that it has purchased an additional $175 million in bitcoin. The company now owns more than $400 million...

It looks like bitcoin is suddenly enjoying being bullish. Following its sudden rise into the $10,700 range just yesterday, the world’s number one cryptocurrency by market has sudden shot up by more than $100 and is now trading in the high $10,800 space.Bitcoin Is Suddenly Heading for the TopThings do appear to be moving up for bitcoin. The question is, “Will this newfound bullish behavior last, or is bitcoin just experiencing another odd change?” It’s hard to tell at this point considering...

Tron price failed to stay above the key $0.0320 and $0.0300 support levels against the US Dollar.TRX price is now trading below the $0.0285 support and the 55 simple moving average (4-hours).There was a break below a declining channel with support near $0.0276 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue lower towards the $0.0225 support zone in the near term.TRON price failed to hold gains and declined steadily against the US Dollar and bitcoin. TRX price is...