Tag Archives: News

Bitcoin price found support near the $9,800 area and recently corrected higher.The price is trading above the $10,500 level and the 55 SMA (H4).There is a major rising channel forming with support near $10,560 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must break the $10,960 and $11,120 resistance levels to continue higher in the near term.Bitcoin price is currently recovering higher above $10,500 against the US Dollar. BTC is likely to clear the $10,950...

There is evidence all over the place that institutional traders are beginning to have more of a hand in bitcoin and cryptocurrency trades. Grayscale reported more than $1 billion in bitcoin transactions during its second quarter, and another company called MicroStrategy announced that it would purchase more than $250 million in bitcoin to add to its financial reserves.MicroStrategy Is Looking To Garner More BTCThis marks one of the first times where a massive company stated that it would be...

As Live Bitcoin News discussed earlier today, bitcoin is once again entering bullish territory. While this is something to be happy about, it’s not quite where we’d like it to be, and things can always be doing a lot better. In other words, the asset is bullish, but not so bullish.Bitcoin Will Strike Golden TerritoryStill, that’s not stopping some analysts and crypto platforms from making wild and over-the-top predictions about where bitcoin’s price will be at the end of the year. The...

Bitcoin is becoming more bullish, it seems. Following a few weeks of nominally bearish activity that ultimately made the currency lose roughly $2,000 from its price and fall from about $12,000 to less than $10,000, the world’s number one cryptocurrency by market cap has shot up to $10,700. This is an $800 price jump from where the asset was not too long ago.Bitcoin Is Heading Deeper Into Bullish TerritoryAfter a price surge that took bitcoin to roughly $12,400, the currency began traversing...

ADA price is currently consolidating above the $0.0920 support zone against the US Dollar.The price is facing a strong resistance near the $0.0980 level, but it is above the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0985 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if it clears the $0.0985 and $0.1000 resistance levels in the near term.Cardano price is currently consolidating above $0.0920...

Ethereum price is recovering nicely and trading above the $355 resistance against the US Dollar.ETH price is showing positive signs above $370 and the 55 simple moving average (4-hours).There is a crucial rising channel forming with support near $363 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it clears the $390 and $400 resistance levels.Ethereum price is showing many positive signs above $355 against the US Dollar. It seems like ETH/USD is aiming a...

Blockchain and crypto startup Nym is unveiling a new incentive program for those that engage in bitcoin transactions while running the company’s nodes.Nym Is Looking to Empower Internet UsersThe main goal of Nym appears to be privacy. The company has designed software that works to hide metadata and prevent tracking at a network level. As it turns out, whenever we go on the internet, we are potentially in danger of having our identities or other private information revealed or stolen. How...

Rapper T.I. is being hit with felony charges from the Securities and Exchange Commission (SEC). He has been ordered to pay a penalty fee of $75,000 for his role in a scam-laden initial coin offering (ICO).The SEC Goes After T.I.The SEC has made it clear over the past few years that it’s not going to play around. If you try to cheat investors, if you fail to register as a security, if you step out of line in any way, the agency will come after you and it will penalize you. It seems that the...

As of late, cash is no longer the best way to pay for luxury items… or any items for that matter. It appears fiat currencies from all around the world, including the U.S. dollar, are suffering and being victimized by inflation and other harsh economic circumstances thanks to the coronavirus pandemic. That’s why sellers are telling all their potential buyers that bitcoin and cryptocurrency are okay to use, and the latest item up for sale with crypto is a $40 million private plane.This Private...

Stellar lumen price started a steady recovery wave from the $0.0722 low against the US Dollar.XLM price tested the $0.0850 resistance zone and it is now testing the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $0.0790 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below the 55 SMA or it might rise further above the $0.0850 hurdle.Stellar lumen price is struggling to gain pace against the US Dollar, similar to...