Tag Archives: News

Following yesterday’s sudden, short-term bitcoin spike, Coinbase – one of the largest and most popular crypto exchanges in the United States – experienced an outage that prevented customers from taking advantage of the volatility.Coinbase Experiences Another Outage, and People Aren’t Too HappyThis seems to be a pattern with the trading platform as of late. Every time bitcoin spikes to $10K or experiences solid jumps very quickly, the exchange seems to stop working. The last time this occurred...

EOS price is trading nicely above the key $2.650 support zone against the US Dollar.The price is facing a short-term resistance near the $2.760 level, but it is well above 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $2.700 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains in an uptrend and it could continue to rise towards $3.000 in the near term.EOS price is gaining bullish momentum above the $2.700 level...

Litecoin price is holding the key support area near $45.50 against the US Dollar.LTC price is likely to continue higher above the $47.80 and $48.00 resistance levels.There are two key bullish trend lines forming with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains in a positive zone and it seems like the bulls are eyeing a clear break above $50.00.Litecoin price is gaining bullish momentum and trading above key supports against the US...

Well, analysts are probably feeling pretty darn foolish for reaching such premature conclusions about where the price of bitcoin will go in the coming days.The Bitcoin Predictions Came Too SoonEverybody was super stoked to see that bitcoin had finally broken past its recent $10K resistance. After trading in the mid-$9,000 range for the past few days, the currency rose as high as $10,100, causing everyone to break out the champagne a little too early.Why too early, you ask? Because the jump...

Well, it looks like the spike to $10,000 that we just reported for bitcoin was short lived… Extremely short lived.Well, the Bitcoin Run Didn’t Last Long at AllJust yesterday morning, the asset saw itself regaining all it had lost during the height of the coronavirus pandemic. The currency was trading for well above the $10,000 mark in February of this year and experiencing the most bullish behavior it had witnessed since the summer of 2019, but it ultimately came to a crashing end when the...

Bitcoin has shot past the $10,000 mark again.Bitcoin Has Hit the Five-Figure MarkThe surge follows news that the United States is suffering from civil unrest. With so many riots in the streets and violence occurring in what appears to be every major city, it’s no wonder that bitcoin has shot up more than $600 in a single night.Just yesterday, the world’s number one digital currency by market cap was trading at around $9,500, though at press time, this figure has jumped past $10,100. It seems...

ADA price rallied towards the $0.0880 level before correcting lower against the US Dollar.The price declined below the $0.0800 level, but it found support near the $0.0720 level.There is a major contracting triangle forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The price could start another increase if it clears the $0.0800 and $0.0820 resistance levels.Cardano price is currently consolidating after the recent correction against the US Dollar and bitcoin....

Bitcoin price declined sharply after testing the $10,400 against the US Dollar.It is holding a crucial uptrend support near the $9,320 and $9,300 levels.There is a major bullish trend line forming with support near $9,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair start a fresh increase as long as it is above the $9,320 support zone.Bitcoin price trimmed most its recent gains and declined below $10,000 against the US Dollar. BTC is now trading above a major...

Blockchain firm BitClave is being forced to refund all the money it earned three years ago through an initial coin offering (ICO) thanks to a settlement with the Securities and Exchange Commission (SEC).BitClave: Not the First, Not the LastThe SEC has been coming down hard on blockchain and crypto companies that allegedly fail to register their tokens as securities. Since 2017, the governing body has sought to bring all companies that do not properly register their currencies to justice and...

Bitcoin has been doing relatively well, as of late. The world’s number one cryptocurrency by market has surged beyond $9,500 for the first time in well over a week, and the bullish train its riding doesn’t appear to be running out of steam anytime soon. However, bitcoin’s recent gains don’t even compare to the run Ethereum is enjoying.Ethereum: Today’s Crypto King?ETH is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, one unit...