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Tag Archives: News

Cardano (ADA) Price Analysis: Downside Thrust Before Fresh Increase Likely

ADA price traded to a new monthly high at $0.0903 before correcting lower against the US Dollar.The price is currently trading below the $0.0850 level and the 55 simple moving average (4-hours).There is a key declining channel or a bullish flag forming with resistance near $0.0850 on the 4-hours chart (data feed via Kraken).The price could dive sharply towards the $0.0750 support or $0.0720 before a fresh increase.Cardano price is trading nicely in an uptrend against the US Dollar and...

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Bitcoin Price Analysis: BTC Likely To Resume Uptrend Above $10K

Bitcoin price started a downside correction from the $10,420 swing high against the US Dollar.It tested the $9,280 region and currently trading nicely above key supports.There is a key bullish trend line forming with support near $9,540 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase as long as it is above the $9,280 swing low.Bitcoin price is trading in a nice uptrend above $9,540 and $9,300 against the US Dollar. BTC could...

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Did Satoshi Nakamoto Work for a Drug Organization?

The mystery surrounding Satoshi Nakamoto, the pseudonymous creator of the world’s number one digital currency by market cap (bitcoin), has just gotten a whole lot weirder.What Did Nakamoto Do Before BTC?The latest prediction surrounding Nakamoto’s identity suggests that the infamous bitcoin developer potentially had ties to some very shady individuals. Escobar Inc. – a company associated with Pablo Escobar, a Latin American drug lord – is claiming that Nakamoto may have done some work for the...

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Adam Back: The Work of Institutional Players’ Towards BTC Is Overrated

According to some analysts, bitcoin will potentially hit a price of $300,000 in the coming years even without institutional assistance.Institutional Players: Their Job Is OverratedUp to this point, it was long figured that institutional players were necessary to bring a level of legitimacy to bitcoin. This would ultimately be one of the main touches in making the currency mainstream and placing it alongside gold as a store of value.One of the reasons that many of these investors have been...

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Simon Dedic Predicts Five Figure Price for BTC

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...

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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...

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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...

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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...

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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...

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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...

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