BlockFyre founder Simon Dedic is predicting that the next bull rally will take the world’s number one digital currency by market cap – bitcoin – into the $150,000 range. He’s also predicting that many altcoins will hit it big as well, with assets like Ethereum striking the $9,000 mark.Dedic: Bitcoin Will Hit $150KIn a series of tweets, Dedic discussed the 2017 bull run that saw virtually every digital currency spiking to levels that virtually nobody could have predicted. At that time, bitcoin...
Read More »Tron (TRX) Price Analysis: Dips Remain Attractive To The Bulls
Tron price rallied further above the $0.0180 resistance zone against the US Dollar.TRX price traded as high as $0.0186 and it is currently correcting lower.There is a major bullish trend line forming with support near $0.0173 on the 4-hours chart (data feed via Bitfinex).The pair is likely to remain well bid above the $0.0172 and $0.0170 support levels.TRON price is trading in a strong uptrend above $0.0170 against the US Dollar, similar to bitcoin. TRX price is likely start a fresh increase...
Read More »Ethereum Price Analysis: ETH Holding Crucial Uptrend Support At $240
Ethereum price is trading in an uptrend above the $240 support against the US Dollar.ETH price must break the $248 and $252 resistance levels for more gains.There is a key bullish trend line forming with support near $240 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher towards $265 if it clears the $252 level.Ethereum price is showing a few positive signs above $240 against the US Dollar. ETH/USD is currently struggling to gain strength above the $248...
Read More »Crypto Exchanges Xapo and Indodax Accused of Aiding Thieves, Sued By Victim
Cryptocurrency trading platforms Xapo and Indodax have been hit with a massive lawsuit that accuses the exchanges of harboring stolen digital funds.Xapo and Indodax Are Headed to CourtAccording to court documents, both companies failed to employ anti-money laundering and know your customer (KYC) protocols to ensure that the money they were being asked to store came from reputable sources. In addition, it appears the companies did not bother to perform background checks on the account holders...
Read More »Bitcoin Pushed as More Analysts Criticize Stimulus
Bitcoin has been at the center of many financial arguments as of late, especially after the United States rolled out a $2.2 trillion economic stimulus plan.Why Some Feel the Stimulus Plan was WrongThis plan saw many checks – worth approximately $1,200 each – make their way into American’s pockets and bank accounts. In addition, billions were unveiled for small business relief. Despite the good intent behind the stimulus package, many saw this move as too fast.One of the big complains behind...
Read More »Could Antifa Turn to BTC for Its Financial Needs?
U.S. President Donald Trump is looking to designate Antifa – a group of far-left extremists that get their kicks out of attacking policemen and vandalizing property – as a domestic terrorist group.Antifa Is Considered a Terrorist GroupAntifa is allegedly funded by Hungarian businessman George Soros, who appears intent on keeping the United States on edge and in constant civil war. Recently, Florida Republican Representative Matt Gaetz has called for the freezing of all funds that are being...
Read More »Stellar Lumen (XLM) Price Looks Set To Surge If It Breaks $0.08
Stellar lumen price is trading in a bullish zone above the $0.0750 resistance level against the US Dollar.XLM price is likely to surge higher if it clears the $0.0800 and $0.0828 resistance levels.There is a major breakout pattern forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The pair could rise sharply unless it fails to stay above the $0.0750 support zone.Stellar lumen price is trading in an uptrend above $0.0750 against the US Dollar, similar to bitcoin....
Read More »Ripple Price Analysis: XRP Trading Near Key Inflection Point
Ripple price is facing an uphill task near the $0.2050 resistance zone against the US dollar.The price must break the $0.2050 resistance zone and then $0.2125 to rise steadily.There is a key connecting bearish trend line forming with resistance near $0.2045 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could also start a major decline if it breaks the $0.1985 support zone.Ripple price is approaching the next key break against the US Dollar. XRP price could...
Read More »Andrew Yang Inspires Former Staffer to Boost BTC
Remember Andrew Yang? Yeah, neither do we. His presidential campaign lasted around the same time as 90 percent of all the new fall sitcoms that emerge every year (it had about the same level of impact, too).Andrew Yang Ex-Staffer Catches the Politics BugWell, for anyone who doesn’t recall Yang’s time in the spotlight, he was one of many, many, many people who sought the democratic presidential nomination in 2020, and like those many, many, many other people, he failed to garner notice from...
Read More »Analysts: Satoshi Nakamoto Should Remain Hidden
Bitcoin and crypto traders alike have always been intrigued by the mystery surrounding Satoshi Nakamoto, the pseudonymous trader behind the creation of the world’s number one digital currency.Maybe Keeping Nakamoto Hidden Is BestWho is he? How did he get the idea, and is he still alive or has he passed on? These are all major questions that several bitcoin enthusiasts have likely asked themselves over the years, but according to several analysts and industry experts, it might be best not to...
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