Tag Archives: News

Tron price is facing a major resistance near the $0.0155 level against the US Dollar.TRX price could start a strong increase if there is a clear break above the $0.0155 barrier.There is a key contracting triangle forming with resistance near $0.0155 on the 4-hours chart (data feed via Bitfinex).The price also dive significantly if it fails to stay above the $0.0148 support zone.TRON price is showing positive signs against the US Dollar, similar to bitcoin. However, TRX price must gain pace...

Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...

Several supercomputers in European nations have been shut down following reports that they’ve been infected with cryptocurrency mining malware. Thus far, devices in countries such as the United Kingdom, Switzerland and Germany have all been affected and taken offline at the time of writing.Mining Malware Shuts Down SupercomputersThere is now an ongoing investigation into where the malware came from and which parties are potentially responsible for uploading it onto the computers. The malware...

It’s been almost a week since bitcoin’s widely anticipated third halving, and thus far, the event has turned out to be a real bore.The Halving Hasn’t Amounted to MuchWhile bitcoin isn’t necessarily in bad shape, the halving made everyone believe that something big was about to happen. That perhaps the world’s number one cryptocurrency by market cap was going to aim for the stars and get there overnight. That may have been somewhat unrealistic, but there is certainly some speculation as to why...

Elon Musk – the CEO of both SpaceX and Tesla – is continuing his praise for bitcoin, along with his attack on central banks.Elon Musk: The Stimulus Was a Bad IdeaMusk has a serious issue with the way the U.S. government has handled the coronavirus pandemic. He says that a trillion-dollar stimulus package is no way to fix the situation, and that printing money out of thin air just so everyone can enjoy a small piece of relief will only mask the real problem. He’s confident that central banks...

Stellar lumen price found support near $0.0600 and started a fresh increase against the US Dollar.XLM price is now trading nicely above the $0.0650 resistance and the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance at $0.0682 on the 4-hours chart (data feed via Kraken).The pair is likely to continue higher towards the $0.0760 and $0.0800 resistance levels.Stellar lumen price is currently gaining bullish momentum against the US Dollar,...

Ripple price reversed losses and moved above the $0.1950 pivot zone against the US dollar.The price is now trading in a positive zone above the $0.2000 support level.There is a key bearish trend line forming with resistance near $0.2100 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either surge above the $0.2100 resistance or decline again towards $0.1880.Ripple price is currently approaching a major hurdle near $0.2100 against the US Dollar. XRP price...

Stable currencies are becoming all the rage in the cryptocurrency space, and Seattle-based startup Stably – which specializes in making stable coins mainstream – is moving ahead of the game with an additional $1 million in funding.Stably Is Making Headway in the Crypto SpaceStable currencies are designed to be less volatile than other forms of crypto. Typically, they are tied to fiat currencies such as the U.S. dollar, the yen, the yuan, and the euro. This allows them to move at a more normal...

Who would have thought that sports and crypto would mix so well? Spencer Dinwiddie – a guard for the Brooklyn Nets – has announced a new bitcoin-based crowdfunding campaign that will allow his fans to choose which team he plays for next.Spencer Dinwiddie Is Looking for Crypto HelpDinwiddie first came to the bitcoin scene last year when he announced he wanted to allow people to invest in his basketball contract. While the league he played with raised an eyebrow or two over the idea, Dinwiddie...

It’s funny that someone who’s so rich wouldn’t know anything about bitcoin or cryptocurrency, but that seems to be the case for bestselling author J.K. Rowling, who’s won multiple awards and garnered worldwide fame for her Harry Potter book series.J.K. Rowling Doesn’t Understand BitcoinRowling has a net worth of approximately $1 billion, which means she’s a wealthy person. The author has sold more than 500 million books across the world, primarily from her Harry Potter series. These books...