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....
Read More »Bitcoin Price Analysis: BTC Holding Key Uptrend Support Near $9,320
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...
Read More »BitClave Settles 2017 Token Sale Allegations with the SEC
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...
Read More »Ethereum Is Outdoing Bitcoin as of Late
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...
Read More »Plan B Analyst: Bitcoin Will Be $100K By the End of 2021
Plan B – a respected yet anonymous bitcoin analyst that invented the stock-and-flow model for bitcoin – has made a bold announcement about the world’s number one digital currency by market cap.Plan B Predicts Big Things for BTCThe analyst has announced that sometime within the next one to 1.5 years, bitcoin will ultimately shoot up to $100,000 per unit. According to Plan B, the halving is placing bitcoin on a new bullish run that will take it into six-figure territory for the first time in...
Read More »Tron (TRX) Price Analysis: Signs of A Strong Rally To $0.02
Tron price is trading in a positive zone above the $0.0160 resistance zone against the US Dollar.TRX price is facing a short term hurdle near the $0.0172 level.There was a break above a crucial contracting triangle with resistance near $0.0152 on the 4-hours chart (data feed via Bitfinex).The price might accelerate higher towards $0.0185 and $0.0200 if it breaks the $0.0200 barrier.TRON price is gaining bullish momentum against the US Dollar, similar to bitcoin. TRX price is likely to surpass...
Read More »Ethereum Price Analysis: ETH Eyeing More Upsides Above $250
Ethereum price is up more than 10% and it is trading above $240 against the US Dollar.ETH price is showing a lot of positive signs, but it is facing hurdles near $250.There was a break above a crucial contracting triangle with resistance near $210 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $280 if it clears the $250 resistance zone.Ethereum price is trading in a bullish zone above $225 against the US Dollar. ETH/USD seems to be eyeing more...
Read More »Facebook’s Calibra Wallet is Now the Novi Wallet
Facebook’s Calibra wallet is being renamed the “Novi” wallet.Calibra No More; Novi Has ArrivedThe Calibra wallet is part of the company’s ongoing Libra cryptocurrency, and will allegedly be utilized for spending and holding digital currencies. While Libra itself is a cryptocurrency that can be used to make purchases or gain access to services through Facebook, Calibra is the wallet that will be used to store Libra and whatever other forms of crypto the user may have, only this time, the...
Read More »JP Morgan Is Easing Its Attitude Towards Crypto
Why is JP Morgan changing its ideas regarding bitcoin so much?JP Morgan Is Becoming Kinder to BTCJamie Dimon – the head of the banking organization – has repeatedly referred to bitcoin as a “fraud.” Many customers of crypto exchanges have complained for years that banks and financial institutions like JP Morgan have refused the give them accounts or have denied them access to financial services. Now, as Live Bitcoin News reported recently, the company has brought Coinbase and Gemini – two of...
Read More »Bitcoin Shoots Up to $9,500
It looks like all the hype and fear that surrounded the recent rumor of Satoshi Nakamoto moving his bitcoin has subsided. Bitcoin has not only crawled back above the $9,000 mark, but it has managed to add several hundred to its price to trade beyond the $9,500 position.Bitcoin Is Bullish Once AgainThis is certainly good news, but the currency is still struggling to break past $10K. What will happen in these coming weeks? Will the world’s number one digital currency by market cap continue its...
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