Tag Archives: News

ADA price is facing a strong resistance near the $0.1480 and $0.1500 levels against the US Dollar.The price is currently trading nicely above the $0.1380 support and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.1485 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1500 pivot level.Cardano price is currently consolidating above the $0.1400 zone against the...

Bitcoin price rallied to a new multi-month high at $12,131 correcting lower.The price traded as low as $10,560 and it recently recovered above the $11,000 level.There is a connecting bullish trend line forming with support near $11,040 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must stay above the main $11,000 support zone to start a fresh rally in the near term.Bitcoin price is holding a couple of important supports near $11,000 against the US Dollar. BTC...

Bitcoin is in a relatively strange position at the time of writing, but according to Plan B – a crypto analyst on Twitter – the currency is presently slated to take $100,000 within the next four years.Plan B Is Confident in Bitcoin’s FutureThe currency has hit something of a snag over the past 48 hours. Bitcoin was initially doing quite well last week, surging beyond both $10,000 and $11,000 respectively, and many believed that $12K would soon be within the leading cryptocurrency’s...

A corporate travel company has been forced to pay a massive bitcoin ransom to hackers that apparently took over its computer systems and encrypted its data. The company – known as CWT – is now nearly $5 million poorer, having paid approximately $4.5 million to get its information and network back.CWT Is the Latest Ransomware VictimAs many as 30,000 computers were taken over by unseen hijackers, who then proceeded to gain access to roughly two terabytes of unique data owned by the company. The...

As reported last week, the lead hacker responsible for the Twitter-BTC fiasco that saw more than $121,000 in bitcoin stolen from unsuspecting users was arrested. The man is 17 years of age and goes by the name of Graham Ivan Clark.Clark Has an Alleged HistoryAs more information has come out about this young person, it appears he has a long history of performing bitcoin attacks on people. In fact, just last year he was caught stealing hundreds of thousands of dollars in bitcoin and assorted...

Ethereum price rallied to a new multi-month high at $418 before correcting lower against the US Dollar.ETH price is currently trading nicely above the $380 and $375 support levels.There is a key breakout pattern forming with resistance near $400 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $400 resistance in the near term.Ethereum price is showing positive signs above the $375 pivot level against the US Dollar. ETH/USD is likely to...

Diginex is establishing a new cryptocurrency trading platform in Singapore, which has become a recent hubbub of crypto activity in the last few years.Singapore Has a Growing Crypto MarketAt the time of writing, the platform is exempt from necessary licensing procedures, meaning it can operate without having all its paperwork in order. In addition, the company is planning a Nasdaq listing in the coming weeks, so traders should be on the lookout if they are also intrigued by more traditional...

Well, bitcoin has once again led us all into a state of disappointment. Despite the coin’s recent bullish patterns and the fact that it was on a huge roll, the currency has once again taken a turn for the worse, having lost more than $600 at press time. The asset is now trading for $11,100.Bitcoin Encounters Disappointing DipTo be fair, it’s still considerably higher than where it stood for most of last month, though it’s disappointing to see such a massive and quick fall considering how well...

Thailand is a growing cryptocurrency hub. The country has just approved six new cryptocurrency exchange licenses to permit the further growth of digital trading within the nation’s borders.Thailand Is the New Home of Crypto LoversAsian regions have long been huge cryptocurrency advocates. Despite a lengthy period of debate over whether to ban bitcoin and crypto mining, China eventually gave in and permitted the practice, citing that it’s effects on the environment were not as strong or as...

Stellar lumen price rallied above the $0.1100 level and tested $0.1160 against the US Dollar.XLM price corrected lower sharply, but it found support above $0.0950 and $0.0920.There is a major bullish trend line forming with support near $0.1020 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.1060 resistance zone.Stellar lumen price is trading in a positive zone above $0.1000 against the US Dollar, similar to bitcoin. XLM price is likely...