Tag Archives: News

It looks like interest in bitcoin may be on the lower end of the spectrum, which is likely giving the world’s number one digital currency by market cap an opportunity to edge its way into bullish territory according to some analysts.Affection for Bitcoin Appears to Be SlippingThe third bitcoin halving took place during the first half of May, and despite all the hype and hoopla surrounding the event, it really didn’t amount to much. In fact, more occurred during the actual leadup of the event...

Elon Musk is back at it again, trolling Dogecoin and getting the “joke” currency to pump like mad over the weekend.Dogecoin Really Surged Over the WeekendIn a series of tweets, Elon Musk got people interested in Dogecoin by posting a meme related to the currency. This, naturally, got a lot of people talking and caused the currency’s price to shoot up by more than 16 percent. Dogecoin ultimately rose eight percent further the following day after Musk fired another tweet at the currency...

It looks like bitcoin has reached a new pinnacle in the U.S. government. For a long time, many Americans have been worried that the country is looking to shut down bitcoin operations, but now it looks like these fears are ready to subside.Bitcoin Is Likely Here to StayFigures like current president Donald Trump have stated in the past that they aren’t fans of bitcoin given that they thought the currency’s value was based on thin air. In addition, according to John Bolton’s book, Trump has...

Tron price extended its decline below the $0.0175 support zone against the US Dollar.TRX price tested the $0.0168 support and it is currently consolidating losses.There is a major bearish trend line forming with resistance near $0.0174 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong upward move if it breaks the $0.0174 and $0.0180 resistance levels.TRON price is holding a major support zone near $0.0168 against the US Dollar, similar to bitcoin. TRX price must gain...

Ethereum price extended its decline below $235 and tested $230 against the US Dollar.ETH price is currently recovering and trading well above the $232 support zone.There is a major bearish trend line forming with resistance near $238 on the 4-hours chart (data feed from Coinbase).The pair could start a strong increase if it clears the $238 and $240 resistance levels.Ethereum price is holding the $232 and $230 support levels against the US Dollar. ETH/USD must surpass the $240 barrier to...

The recent Twitter bitcoin hack could arguably be one of the biggest stories of the year surrounding the world’s largest and most popular cryptocurrency by market cap, but for most traders, the event is just another situation to be chalked up in the bitcoin history books and forgotten.Bitcoin Has Hardly Been AffectedDespite all the press surrounding the hack, traders don’t seem to care much about what occurred, and the price of bitcoin really hasn’t been affected. In fact, despite a marginal...

The recent Twitter bitcoin hack has put the world’s most popular cryptocurrency at something of an impasse. On one hand, the currency was designed to be fully decentralized. On the other, if law enforcement agencies don’t get more involved, there’s a good chance we’ll see events like this occur time and time again.Twitter Has Stirred the Attention of Many AgenciesLast week, the world was shocked when some of the most high-profile Twitter accounts – those belonging to former president Barack...

The Federal Reserve has unveiled its annual “Survey of Consumer Choice,” and according to the survey results, many people still don’t have the knowledge they need to work with bitcoin.Bitcoin Is Still Low on the Financial LadderThe survey records data for 2019, which for the most part, suggested that more than 70 percent of participants at least knew what bitcoin is. This is a solid difference from the 68 percent the survey recorded the prior year, so that’s something to be happy...

Stellar lumen price gained bullish momentum above the $0.0950 and $0.1000 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1074 before correcting lower.There is a crucial bullish trend line forming with support near $0.0950 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside near $0.0950 and it might continue higher above $0.1050.Stellar lumen price is trading in a bullish zone against the US Dollar and bitcoin. XLM...

Ripple price is consolidating above the $0.1920 support zone against the US dollar.The price is currently facing resistance near the $0.2000 and $0.2020 levels.There is a crucial breakout pattern forming with resistance near $0.2005 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of an upside break as long as it is above the $0.1920 level.Ripple price is stuck in a contracting range below $0.2000 against the US Dollar. XRP price must stay above...