Bitcoin price is slowly correcting higher and trading above $9,000 against the US Dollar.There is a major resistance forming near $9,300 and the 55 simple moving average (4-hours).There is a connecting bearish trend line in place with resistance near $9,150 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair must surpass the $9,300 resistance level to start a steady increase.Bitcoin price is trading in a bearish zone below $9,300 and $9,500 against the US Dollar. BTC...
Read More »Bitcoin IRA: Most Crypto Holders Are Intrigued By the Staking Process
According to a new survey produced through Bitcoin IRA, most crypto and bitcoin holders want to earn interest on their holdings.Bitcoin IRA: Many Want to Earn Interest on What they HoldAt first, this seems like a relatively silly conclusion to reach. Who doesn’t want to earn more money on the shares they already own? If you own stocks or anything else, you want to garner interest on those shares and potentially grow your portfolio. The only thing, however, is that this is not always...
Read More »Australia Post Gives People the Chance to Buy BTC at Post Office Locations
Who knew that the post office wasn’t just for sending and receiving packages and letters anymore? In Australia, customers are now eligible to purchase bitcoin and cryptocurrencies from local post offices.Australia Is Bringing Bitcoin to the MassesOne of the country’s oldest establishments – Australia Post – is now teaming up with bitcoin.com.au to give customers the chance to buy bitcoin through a new feature known as Post Billpay. This feature is offered at more than 3,500 post offices...
Read More »Willy Woo: The Bitcoin Price Will Spike Again in July
Bitcoin has been losing about $100 a day over the past several days.Bitcoin Has Been Dropping Rather SteadilyAt the time of writing, the world’s number one cryptocurrency by market cap has seemingly fallen to just over the $9,000 mark and is trading for about $9,040. Yesterday, it was trading for about $9,140, and before that, over $9,200. The currency has been trapped in a slow-moving bear pattern that has caused it to lose a little bit with each 24-hour cycle.And yet, according to analysts...
Read More »Tron (TRX) Price Analysis: Bulls Eyeing Upside Break Above $0.017
Tron price is trading above the $0.0152 and $0.0155 support levels against the US Dollar.TRX price is currently facing hurdles near the $0.0165 and $0.0168 levels.There is a major bearish trend line forming with resistance near $0.0163 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0165 and $0.0168 resistance levels.TRON price is showing a few positive signs above $0.0158 against the US Dollar, similar to bitcoin. However, TRX price...
Read More »Ethereum Price Analysis: ETH Trading Near Make-or-Break Levels
Ethereum price is currently recovering from the $215 support zone against the US Dollar.ETH price is now facing a couple of important hurdles near the $230 level.There is a major bearish trend line forming with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $230 resistance or decline again below $220.Ethereum price is trading near a key juncture at $230 against the US Dollar. ETH/USD must break the $230 barrier to continue higher in...
Read More »How an Updated Payments Charter Could Aid Digital Assets
New acting comptroller of the Office of the Comptroller of the Currency (OCC) Brian Brooks announced that this coming fall season, banks can expect to see what the OCC is calling the new Payments Charter 1.0, which could potentially provide service in the interest of both fintech and cryptocurrencies.A Payments Charter Is What’s Needed to Help Banks and Crypto AlikeAs it stands, the way the U.S. government works is that banks are required to earn money-transmitting certificates dependent on...
Read More »Sundrania Introduces New Crypto Recordkeeping Platform
Sundrania Fund Services Corp (aka Sundrania) has unveiled its new crypto administration platform that can handle any unique needs of the world’s growing list of digital currencies.Sundrania Is Bringing the Cloud and Crypto TogetherThrough Sundrania, companies utilizing the platform will be able to outsources all their operations through cloud technology. The application will also allow these companies to integrate themselves with the world’s leading cryptocurrency exchanges. Thus, if they...
Read More »It’s Three Strikes and You’re Out for Companies Seeking a BitLicense
A new three-strike rule is now in effect for crypto businesses looking to apply for New York’s dreaded BitLicense.The Dreaded BitLicense Just Got a Lot WorseRegulators have issued a warning telling users that anyone looking to apply for a BitLicense could potentially have their applications thrown out or quickly rejected granted they do not follow the feedback or rules brought forth by New York-based lawmakers. Granted a rejection occurs three times, the company will not be permitted to try...
Read More »Stellar Lumen (XLM) Price Recovery Could Fail Near $0.066 And $0.068
Stellar lumen price declined sharply after it failed to clear the $0.0720 resistance against the US Dollar.XLM price tested the $0.0500 support level and settled well below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.0650 on the 4-hours chart (data feed via Kraken).The pair is likely to resume its decline if it fails to clear the $0.0660 and $0.0680 resistance levels.Stellar lumen price is currently recovering from the $0.0500...
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