Tag Archives: News

The Financial Industry Regulatory Authority – or FINRA – has given the greenlight to new bitcoin cash and Litecoin funds being introduced by Grayscale, the crypto investment platform designed for institutional traders.Grayscale Brings BCH and LTC to Institutional TradersKnown as the Bitcoin Cash Trust and the Litecoin Trust, Grayscale is working to lessen the gap between crypto and the rest of the financial world. The company already has both bitcoin and Ethereum-based trusts in its...

It looks like Coinbase CEO Brian Armstrong isn’t a huge fan of the stimulus checks that went out in May.Armstrong: Printing Money Doesn’t Solve AnythingTwo to three months ago, the United States government began issuing checks of approximately $1,200 to individuals who made less than $75,000 a year. The money was designed to assist citizens during the coronavirus pandemic and give them a little financial boost during what is turning out to be an excruciatingly long period of strife, as many...

Interest in bitcoin is waning, according to the latest Google searches.Is Google Interest in BTC Falling?According to statistics from Google Trends, there haven’t been that many searches on the term “bitcoin” as of late. In fact, these and related searches are at their lowest points since December of last year, which is right before bitcoin began its meteoric rise past the $10,000 mark (it attained this figure in February).The situation presents something of a catch 22 in the sense that while...

EOS price is gaining momentum above the $2.550 and $2.600 resistance levels against the US Dollar.The price is now trading well below the $2.550 pivot level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move higher above $2.700 as long as it is above the $2.550 pivot level.EOS price is trading in a positive zone above $2.550 against the...

Bitcoin price is currently gaining traction above the $9,400 and $9,440 resistance levels.A new monthly high is formed near $9,567 and the price is now above the 55 simple moving average (4-hours).There was a break above two key bearish trend lines near $9,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair might correct lower in the short-term, but dips remain well supported near $9,420.Bitcoin price is trading in a decent uptrend above $9,400 against the US...

It’s been about a week since the incident occurred, and yet news outlets still can’t seem to get enough of the Twitter bitcoin hack that took place last Wednesday.The Twitter BTC Hack Just Gets Bigger and BiggerThe incident is one of the most profound and notorious in bitcoin’s short, yet significant history. Several high-profile Twitter accounts belonging to politicians, celebrities and musicians such as Bill Gates, Barack Obama, Joe Biden, Kanye West and Elon Musk were hijacked by cyber...

There is a lot of worry and concern surrounding bitcoin’s price as of late. While the asset has done well these past two months and maintained its position above the $9,000 mark, some analysts and industry leaders – such as Changpeng Zhao, the chief executive of Binance, the world’s largest and most popular cryptocurrency exchange by daily volume trading – are warning that BTC’s price is in a shaky position, and in danger of enduring another crash like the one it experienced in March of this...

The European Union (EU) is taking a page out of America’s book. The collection of nations has agreed to a stimulus program that will potentially pump nearly $1 trillion back into the economy. The announcement was met with another bitcoin price rally. The currency is up roughly $200 more at the time of writing.Another Stimulus, Another Rise for BTCBitcoin has experienced some solid surges since the introduction of the coronavirus. While at first, things looked glum and negative (the currency...

ADA price started a downside correction after it failed to settle above $0.1350 against the US Dollar.The price is currently trading below the $0.1300 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1298 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but the $0.1150 and $0.1120 levels are likely to protect losses.Cardano price is correcting gains after a strong rally against the US Dollar and...

Litecoin price started an upside correction from the $41.50 support zone against the US Dollar.LTC price is now trading well below the $42.50 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could struggle to clear the $44.50 and $45.00 resistance levels in the near term.Litecoin price is slowly moving higher towards $45.00 against the US...