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Tag Archives: News

EOS Price Analysis: Here’s Why Bulls Are Likely To Struggle Near $2.6

EOS price declined towards the $2.400 support level before recovering against the US Dollar.The price is trading above $2.500, but it is facing a major hurdle near $2.600.There is a key bearish trend line forming with resistance near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to clear the $2.600 and $2.620 resistance levels in the coming sessions.EOS price is holding the $2.400 support zone against the US Dollar, while bitcoin is rising....

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Litecoin (LTC) Price Analysis: Bulls Facing Crucial Hurdle At $45

Litecoin price started a major decline from well above the $48.00 level against the US Dollar.LTC price traded as low as $41.76 and it is currently correcting higher.There are two bearish trend lines forming with resistance near $44.50 and $45.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest if it recovers towards the $45.00 resistance.Litecoin price is holding the $42.00 support area and recovering against the US...

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YouTube Takes Down Roger Ver’s Bitcoin.com Channel

It looks like YouTube is at it again. The video-streaming site owned by Google has never had an easy time with cryptocurrency – what with its tendency to randomly delete channels or content – and it seems like another occurrence can be chalked up on the company’s blackboard.YouTube Takes Down Bitcoin.com ChannelBitcoin.com – the website owned by Roger Ver, initially dubbed the “Bitcoin Jesus” given his early investor status with the currency – saw its YouTube channel suspended for no apparent...

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People Don’t Seem Interested in Canaan Creative, Anymore

Canaan Creative has some monster-sized decisions to make if it wants to stay in business and compete with the likes of Bitmain and other mega mining ventures.Canaan Creative Isn’t Where It Needs to BeCanaan Creative is arguably the second-largest crypto mining firm in China after Bitmain, and yet the company isn’t doing so hot since the halving. Stock shares in the company have fallen well below the two-dollar mark, suggesting that people just aren’t interested in the company’s equipment – or...

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Bitcoin Spikes Again Causing Newfound Interest Amongst Analysts

Bitcoin has been up and down these last few days, but many major investors are not worried, and several of them believe that the currency is on its way to new heights.Bitcoin Is Showing Signs of RecoveryAt the time of writing, the world’s number one digital currency by market cap has shot up to $9,500 again – a solid rise from yesterday’s 9,000 (a new low accomplished during the early morning). By yesterday’s mid-afternoon, the digital asset saw itself trading at roughly $9,400 again, meaning...

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Cardano (ADA) Price Analysis: Bulls Facing An Uphill Task Near $0.08

ADA price started a steady decline from the $0.0900 resistance zone against the US Dollar.The price tested the $0.0700 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0800 resistance and the 55 simple moving average (4-hours) for a fresh increase.Cardano price is facing a couple of key hurdles against the US Dollar and bitcoin. ADA price might...

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Bitcoin Price Analysis: BTC Could Resume Uptrend If It Clears $9,600

Bitcoin price declined sharply below the $9,330 and $9,060 support levels against the US Dollar.It traded as low as $8,897 and it is currently correcting higher above $9,330.There is a major bearish trend line forming with resistance near $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $9,600 resistance or start a fresh decline below $9,330.Bitcoin price is currently recovering higher above $9,330 and $9,450 against the US...

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Small Ethereum Transfers Result in Nearly $3 Million in Fees

Imagine paying a monster-sized fee for sending just a small amount of money to another wallet or address. For one Ethereum user, this appears to have been the case not just once, but twice in the past week.Ethereum Transfer Results in Two Massive FeesOn June 10, a user transferred approximately $130 worth of Ethereum to a new address. This isn’t a huge transaction, and yet the fees for the transfer amounted to more than 10,660 ETH which ultimately means that the user wound up paying more than...

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Podcast Host Gets Help in Recovering His Stolen Bitcoin

Anyone familiar with the Tennessee Williams play “A Streetcar Named Desire” has heard the line, “I’ve always depended on the kindness of strangers.” One man is now holding this line close to his heart following news that his entire bitcoin stash was stolen through a phishing scam.Bitcoin Stolen; Strangers Come to RescueEric Savics – the host of Protocol Podcast – put a message out to all his followers on June 12 saying that he had lost the 12 bitcoins he had saved up over the past seven years...

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Bitcoin Loses $400 from Its Price

Darn it, bitcoin! Way to let people down again! Right as you were doing so well, you decide to lose approximately $400 from your price.Bitcoin Has Shed a Huge ChunkThis morning, the currency is trading for just over $9,000, meaning it has lost about $440 since the weekend. The asset has had a bit of a shaky week no doubt, losing a couple hundred here and there and hovering between the mid to high $9,000 range, but now it appears that the world’s number one digital asset by market cap is...

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