Tag Archives: News

ADA price is in a bearish zone and it is trading below the $0.1300 pivot against the US Dollar.The price is currently struggling to recover above $0.1250 and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $0.1245 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1250 resistance or it might dive below the $0.1200 support.Cardano price is struggling to clear $0.1250 against the US Dollar,...

Ethereum price started a fresh increase from the $380 support zone against the US Dollar.ETH price managed to recover above the $395 and $400 resistance levels.There was a break above a key connecting bearish trend line with resistance near $395 on the 4-hours chart (data feed from Coinbase).The pair is currently facing a strong resistance near $410 and the 55 simple moving average (4-hours).Ethereum price is slowly recovering higher from $380 against the US Dollar. However, ETH/USD must...

The Bitcoin.com wallet is joining hands with a lending platform known as Cred. Now, holders of both bitcoin and bitcoin cash can lend out their stashes and gain interest, some of which can be garnered through a wide variety of cryptocurrencies including stable coins.Bitcoin.com Is a Powerful Friend of CredThe crypto space is seeing a wide variety of new lending programs that allow people to lend out what they own to other individuals. From there, they can gain interest on the money granted...

According to a new op-ed by Chris Larsen – the co-founder and executive chair of Ripple – the United States is losing the tech war against China and other nations.Chris Larsen: China Holds a Strong PositionRipple is presently the fourth-largest cryptocurrency by market cap after bitcoin, Ethereum and Tether. According to Larsen, nations such as China are way ahead when it comes to cryptocurrencies and are potentially putting lots of money into ensuring miners have everything they need to stay...

It looks like China is playing by its own financial rules. According to a new report released by blockchain security firm Chainalysis, the country moved as much as $50 billion in cryptocurrency out of the country last year as a means of avoiding present sanctions.China Has Its Own AgendaAs it stands, residents of China are only allowed to purchase up to $50K in foreign currency. Previously, many wealthy members of the nation sought to get around this rule by investing in real estate and other...

Stellar lumen price is currently holding the $0.0980 and $0.1000 support levels against the US Dollar.XLM price is facing many hurdles near the 55 simple moving average (4-hours) and $0.1080.There is a key bearish trend line forming with resistance near $0.1024 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.1050 and $0.1080 resistance levels.Stellar lumen price is holding a couple of key supports against the US Dollar, similar to...

Ripple price declined steadily, but it is holding the $0.2740 support zone against the US dollar.The price is currently attempting a decent recovery above the $0.2800 resistance zone.There was a break above a major bearish trend line with resistance near $0.2860 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is facing an uphill task near the $0.2950 resistance and the 55 simple moving average (4-hours).Ripple price is slowly moving higher above $0.2800 against...

Influencers are emerging left and right, and for one Cuban citizen – Erich Garcia Cruz – bitcoin presented a valid opportunity to become part of the growing influencer community.Cruz: Bitcoin Use in Cuba Is GrowingCuba is widely considered to be a land of limited means. Given that it’s a socialist and communist nation, opportunities are relatively limited for many normal or average people, but Cruz isn’t allowing this to get in the way. He commented in a recent interview that the bitcoin...

Many banks are beginning to issue their own digital currencies. It can be implied that the likes of Libra may have caused these banks to look into establishing such assets, but according to a new report, bitcoin is the real reason many of these institutions have taken the next steps.Bitcoin May Have Given Birth to Many Bank-Issued Digital CurrenciesLibra is a scary currency for most banks in that it’s looking to establish itself as a global currency that virtually every country can gain...

Central banks are now consistently looking to release their own centralized digital currencies. While these assets are nothing like bitcoin – the latter gives financial independence to its users, while the former currencies are controlled by individual firms – it’s likely that these coins will all get in the way of each other, and that the likes of both bitcoin and Facebook’s Libra will be competing head to head with many of these bank-issued currencies.Libra Is Scary to Most BanksOne of the...