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Tag Archives: News

Litecoin (LTC) Price Analysis: Bulls Aiming Bullish Break Above $60

Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...

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Bitcoin and Gold Appear to Be More Correlated Than Ever

Recently, bitcoin took a nasty dive of approximately $600 despite being on the verge of crossing the $12K threshold.Bitcoin Dives, and Gold Does the SameAs late as Monday, the world’s number one digital currency by market cap was trading for over $11,900, meaning it was just a few dollars away from breaking present resistance and moving even further up the financial ladder. Sadly, this wasn’t meant to be as the asset ultimately drove itself back to the $11,300 mark just 24 hours later.Bitcoin...

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New Survey Suggests Most Traders See Bitcoin Reaching $100K Next Year

Faith and trust in bitcoin and its growing price appear to be surging according to the results of a new poll conducted by Twitter crypto analyst Plan B.The Bitcoin Survey Suggests Big ThingsThe survey suggests that approximately 51 percent of people believe bitcoin will jump into the $100,000 range by the end of next year. What’s interesting is that this figure has clearly surged since the previous time this survey was conducted. Plan B initially conducted this research in mid-July and asked...

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Coin Shares Pushes for Further BTC Investing

Bitcoin has been on a massive bull run as of late. The digital currency has been doing so well that London-based asset firm Coin Shares is telling all its customers to move approximately four percent of their money into bitcoin and crypto.Coin Shares: 4% Is BestAt the time of writing, bitcoin is trading for just over $11,500, which is about $400 lower than where it stood on Monday, though it’s still $200 higher than where it stood 24 hours ago. Bitcoin experienced a nasty $600 fall yesterday...

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Stellar Lumen (XLM) Price Could Extend Decline Before Fresh Rally

Stellar lumen price started a steady decline from the $0.1180 resistance zone against the US Dollar.XLM price declined below the $0.1080 support level and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.1050 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0950 support before it might start a fresh increase.Stellar lumen price is slowly moving lower below $0.1050 against the US Dollar, while...

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Bitcoin Price Analysis: BTC Could Restart Rally If It Clears This Hurdle

Bitcoin price is holding a couple of important supports near the $11,200 level.The price is slowly rising, but it struggling to clear $11,600 and the 55 SMA (H4).There is a key bullish trend line forming with support near $11,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must clear the 55 SMA and the $11,600 resistance to restart its rally in the near term.Bitcoin price is showing a few positive signs above $11,000 against the US Dollar. However, BTC must...

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DGTX Crypto Trading Platform Offers Zero Fees to Its Customers

Adam Todd – CEO and developer of Digitex Futures, a cryptocurrency futures exchange that offers its customers zero fees – says that his company’s native cryptocurrency DGTX is slated to change the way individuals trade digital assets forever.DGTX Has a Unique Way of Bringing Traders to the TableHe says that the biggest thing that DGTX has going for it is that whoever engages in trading the asset will ultimately experience commission-free trades. That means there are no third parties that will...

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Russia Says It Will Permit Some Crypto Trading Beginning Next Year

It looks like Russia has a relatively healthy attitude towards cryptocurrencies after all.Russia Says It’s Not Banning Crypto FullyBeginning on January 1 of next year, Russians can engage in various cryptocurrency-related activities including trading, buying and selling them with exchanges and for other digital tokens. The country’s relationship with digital money has been something of an up-and-down game over the past few years, and now it looks like officials have finally taken a stance.The...

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MicroStrategy Inc. CEO Invests More Than $200 Million in BTC

With bitcoin moving so stealthily over the past few weeks, it seems like several businesses are looking to get their hands on it and add it to their growing portfolios. One such company is intelligence software firm MicroStrategy Inc., which recently spent $250 million on roughly 21,000 bitcoin units.MicroStrategy Is Heading the Bitcoin GameAt the time of writing, bitcoin has suffered another disastrous drop of about $600, falling from the high $11,900 range into the low $11,300 range. It’s...

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Tron (TRX) Price Analysis: Trading Near Breakdown Zone In Uptrend

Tron price started a steady decline after it failed to clear the $0.0220 resistance against the US Dollar.TRX price declined below the $0.0205 support zone and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0196 on the 4-hours chart (data feed via Bitfinex).The pair could either start a fresh increase above $0.0200 or it might extend decline below $0.0195.TRON price is struggling to stay in a positive zone against the US Dollar, similar...

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