Tag Archives: News

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...

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...