Tag Archives: News

Bitcoin cash price started a fresh decline from the $245 resistance against the US Dollar.The price broke the $235 support and revisited the $225 support zone.There is a major bearish trend line forming with resistance near $241 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if there is a daily close below the $225 support.Bitcoin cash price is trading in a bearish zone and testing the $225 support against the US Dollar. BCH/USD...

We’ve often heard about how much bitcoin is presently circulating throughout the financial markets. At the time of writing, about 18 million units of BTC have been extracted or mined since the currency was founded, which means that there are only about three million units left.Bitcoin Is Close to Being Fully MinedBitcoin is a finite currency. It cannot be continuously printed or developed the way fiat can, and analysts say there are only about 21 million bitcoin units available to the world....

We would love it if all our investments went smoothly and brought us some sort of financial reward. For the most part, there is nothing guaranteed in the world of investing, but according to crypto-friendly financial institution SEBA, perhaps bitcoin investors can make some guaranteed interest here and there.SEBA Brings New BTC Product to the TableThe bank has announced the launch of a new bitcoin product that will allegedly allow investors to earn yield with all their crypto investments. The...

The record unemployment experienced in the United States has brought about a whole new appreciation and love for bitcoin and its altcoin cousins, new research shows.No Job? Bitcoin Can HelpThe U.S. has witnessed millions of people losing their jobs and filing for unemployment in the wake of the coronavirus pandemic, with weekly filings growing by millions of people at a time. Businesses have had to shut down unexpectedly as President Donald Trump issued a national emergency in late March and...

Litecoin price started a sharp decline after it failed to clear the $45.00 resistance against the US Dollar.LTC price is now trading well below $43.50 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of another decline if it fails to stay above $41.00 and $40.00.Litecoin price is trading in a bearish zone against the US Dollar, similar...

New Zealand law enforcement authorities claim to have seized more than $90 million in bitcoin funds from the now 39-year-old Alexander Vinnik, the alleged fraudster who’s accused of stealing billions of dollars in crypto from unsuspecting victims through the now defunct BTC-e cryptocurrency platform.Alexander Vinnik Sees His Money TakenVinnik’s crimes apparently date back to the year 2011. The United States has sought his extradition on charges of computer fraud, computer hacking and drug...

As of late, bitcoin appears to be doing rather well for itself. The currency recently rose to the $9,600 mark, meaning that it’s surpassed present resistance and gained more than $300 in roughly 48 hours. However, according to some analysts, bitcoin is still in a position of heavy struggle, and not doing as well as it seems.Bitcoin Is Still StrugglingWhile the asset has indeed risen beyond what analysts originally thought it was capable of, many agree that the currency hasn’t “broken out.”...

A rumor is circulating that PayPal and other payment processors are looking to pledge support for bitcoin in the coming weeks. PayPal is being joined by Venmo, and the result is bitcoin appears to have surged by another $300 at the time of writing.PayPal and Bitcoin to Join Hands?Just 48 hours ago, the world’s number one digital currency by market cap was trading in the $9,300 range. However, now the currency is selling for well over $9,600. The jump was likely sparked by the sentiment that...

ADA price is showing positive signs above the $0.0800 resistance zone against the US Dollar.The price is facing a significant resistance zone near the $0.0885 and $0.0900 levels.There was a break above a major bearish trend line with resistance near $0.0820 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0900 resistance to continue higher towards $0.1000 in the near term.Cardano price is moving in a bullish zone above $0.0800 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh increase above the $9,340 resistance against the US Dollar.The bulls succeeded in clearing the key $9,500 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair traded as high as $9,793 and it is currently correcting gains.Bitcoin price is back in a positive zone above $9,400 and $9,500 against the US...