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Tag Archives: News

Ethereum Has Exploded Since the Beginning of the Year

Bitcoin may be the world’s number one cryptocurrency by market cap, but it’s Ethereum that seems to be all the rage amongst both crypto enthusiasts and developers everywhere as of late.Ethereum Is Getting Bigger and BiggerEthereum is only the world’s second largest cryptocurrency, but it is the number one competitor to bitcoin. Still a relatively new currency by comparison (it was unveiled in 2015), the asset has established itself as the leading asset in the smart contracts space, attracting...

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Cardano (ADA) Price Analysis: More Gains Possible Above $0.14

ADA price gained bullish momentum above the $0.1200 resistance area against the US Dollar.The price is currently consolidating gains above the $0.1250 and $0.1200 support levels.There is a key breakout pattern forming with support near $0.1235 on the 4-hours chart (data feed via Kraken).The price could continue to rise towards $0.1500 as long as it is above the $0.1200 support.Cardano price is trading in strong bullish zone against the US Dollar and bitcoin. ADA price seems to be aiming more...

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Bitcoin Price Analysis: BTC Bulls Aiming Next Key Bullish Break

Bitcoin price is currently consolidating above the $9,120 and $9,100 support levels.It is facing a strong resistance near $9,275 and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $9,275 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must climb above the $9,275 and $9,325 resistance levels for a fresh rally.Bitcoin price is struggling to clear a few key hurdles near $9,300 against the US Dollar. BTC could...

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Appeals Judge Allows NY Investigation Into Tether Stable Currency

An investigation into the Tether stable currency is presently underway following a request granted by an appeals court to the New York Attorney General’s office.Tether Is Under FireThis presents a major problem for Tether developer Brock Pierce, one of the top dogs in the world of digital assets. The 39-year-old recently announced his plan to run for president as an independent (with only four months left to go before the election) and is opening his campaign with several unique promises such...

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From Politics to Crypto: The BTC Journey of Craig Bergman

There appears to be a running theme of mixing politics with crypto, and the latest example comes by way of former Ron Paul campaign manager Craig Bergman.Bergman Sees Crypto in a New LightBergman was the political director for the Ron Paul 2008 presidential campaign. Since exiting the political spectrum, he has served as the president and CEO of a cryptocurrency mining company called Vortex Blockchain Technologies Inc. At the time of writing, the company currently focuses on mining bitcoin...

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The Hash Ribbon Is Back, Suggesting further BTC Gains

Is bitcoin readying itself for another bull run? According to crypto executive Charles Edwards and what’s known as the Hash Ribbon indicator, the answer is “yes.”The Hash Ribbon Is Appearing Once AgainThe last time a “Hash Ribbon” appeared was in late April. At that time, the world’s number one cryptocurrency by market cap was trading for around $7,500, more than $3,000 higher than where it had stood during the coronavirus peak in mid-March. From there, bitcoin ultimately rose to as high...

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Tron (TRX) Price Analysis: Bulls Struggling To Defend Key Uptrend Support

Tron price started a downside correction from the $0.0190 zone against the US Dollar.TRX price declined below $0.0180 and it is currently trading near the $0.0172 support zone.There is a crucial contracting triangle forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong downward move if it breaks the $0.0172 and $0.0170 support levels.TRON price is trading near a major support zone against the US Dollar, similar to bitcoin. TRX price...

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Ethereum Price Analysis: ETH Approaching Next Significant Break

Ethereum price started a downside correction from the $249 swing high against the US Dollar.ETH price is currently consolidating above the $236 support and near the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $244 on the 4-hours chart (data feed from Coinbase).The pair could either climb again towards $250 or it might dive below the $236 support.Ethereum price is struggling to stay above the $236 support against the US Dollar. ETH/USD...

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Crypto App Bottlepay Set for Release Following Several Delays

A new cryptocurrency app known as Bottlepay will be introducing itself to the crypto-going public following months of delays.Bottlepay Is Now UnderwayBottlepay was originally set to be introduced in late 2019, though there were several problems with the product’s launch thanks to newfound regulations set forth by European lawmakers. The app had to redesign its cryptocurrency wallet to meet the standards set forth by AMLD5, which is the European Union’s anti-money laundering initiative. At the...

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Chainlink Is Exploding in Price as of Late

It looks like Chainlink (LINK) is today’s big gainer. Despite mediocre activity amongst some of the leading cryptocurrency assets – i.e. bitcoin, Ethereum, Ripple, etc. – the asset has shot up by more than 1,000 percent since May of last year.Chainlink Is on a Serious RollMany of the primary cryptocurrencies within the space have been hit hard by the coronavirus-induced global market crash, which ultimately caused assets like bitcoin to temporarily lose as much as 70 percent of their values...

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