Tag Archives: News

Tron price is recovering nicely and trading well above the $0.0150 support against the US Dollar.TRX price is showing positive signs above the $0.0155 and $0.0160 levels.There was a break above a key bearish trend line with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The pair is likely to continue higher if it clears the main $0.0170 resistance zone.TRON price is slowly moving back into a positive zone against the US Dollar, similar to bitcoin. TRX price must break...

Ethereum price is recovering nicely from the $218 support zone against the US Dollar.ETH price must break the $235 resistance zone to continue higher in the near term.There is a key bearish trend line forming with resistance near $235 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $235 resistance or it might restart its decline below $225.Ethereum price is attempting a key upside break above $235 and $240 against the US Dollar. ETH/USD is likely to...

San Francisco-based cryptocurrency startup Anchorage is looking to Portugal to supply it with fresh talent to fill up its remaining positions.Anchorage Looks to Europe for WorkersWhy Portugal when the company is based on the U.S. west coast? Portugal is a country that’s rather excited about big tech. Thus, it should have the individuals the company needs to ensure its operations can go smoothly and by the numbers. Anchorage president and co-founder Diogo Monica explained in an interview:For...

No doubt bitcoin has been moving through hoops and tunnels since the coronavirus took hold of the global economy, but thanks to companies like Grayscale, it doesn’t look like the currency is about to lose its steam anytime soon.Grayscale Is One of Many Companies Supporting BTCBack in March, the currency saw its price fall into the mid-$5,000 range. This was after it had spent the whole previous month trading for well over $10,000, a price the currency hadn’t seen in roughly half a year. From...

Interest in bitcoin options appears to be skyrocketing, and why shouldn’t it be? After all, everyone – including both retail and institutional investors – are looking to bitcoin and crypto as a means of hedging their wealth as coronavirus cases spike and the Fed continues to print additional money.Bitcoin Options Are Expanding Like Never BeforeOver the past three months alone, CME Group in Chicago is a standout as far as growth goes, shooting up from $4 million to about $373 million in...

Stellar lumen price failed to stay above the $0.0750 support and declined recently against the US Dollar.XLM price is currently declining and trading well below the $0.0700 pivot level.There is a key bearish trend line forming with resistance near $0.0720 on the 4-hours chart (data feed via Kraken).The pair remains at a risk of more losses below the $0.0620 and $0.0600 support levels.Stellar lumen price is now back in a bearish zone below $0.0700 against the US Dollar, similar to bitcoin. XLM...

Ripple price is trading in a bearish zone below the $0.1945 resistance zone against the US dollar.The price failed to correct above $0.1945 and it is now trading near the $0.1850 support.There are two bearish trend lines forming with resistance near $0.1920 and $0.1960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses below the $0.1850 and $0.1820 support levels.Ripple price is under pressure and trading well below $0.1920 against...

Dan Held of Kraken fame believes that bitcoin could reach new levels of power if everyone invested their stimulus money in the cryptocurrency.Dan Held: BTC Could Be the Most Powerful AssetAs many of us know by now, the stimulus checks that were issued to American taxpayers over the past two months put everyone on edge and got them arguing back and forth about whether the money was really needed. Figures such as Elon Musk, for example, criticized the move, and stated that you cannot simply...

For the last several weeks, bitcoin appears to be hovering between the mid-$9,000 and $10K ranges. According to Simon Peters – an analyst with the cryptocurrency exchange and broker e-Toro – things are about to get rather ugly for the world’s number one cryptocurrency by market cap.Simon Peters: Bitcoin Could Strike New LowsPeters explains that the asset is about to undergo a serious correction that could bring it to new lows in the coming weeks. In an interview, he states:The recent crypto...

Bitcoin is once again spiking and has added about $200 to its price following its previous crash down into the low $9,000 range. The news seems to be sitting well with JPMorgan, one of the biggest bitcoin critics in history.JPMorgan Is Switching Its Stance on BTCIn the past, Jamie Dimon – the CEO of JPMorgan Chase – has stated that bitcoin is a “fraud.” Dimon also compared the bitcoin craze to tulip bulbs, but now it appears the company is changing its sentiment surrounding the world’s number...