Tag Archives: News

Tron price is trading in a bullish zone above the $0.0150 support against the US Dollar.TRX price is currently facing a strong resistance near the $0.0165 and $0.0166 resistance levels.There is a major bullish trend line forming with support near $0.0156 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to remain well bid above $0.0155.TRON price is trading in an uptrend above $0.0150 against the US Dollar, similar to bitcoin. TRX price could...

Ethereum price is trading nicely above the $198 and $200 support levels against the US Dollar.ETH price is likely to break the $214-$215 resistance region for a fresh rally.There is a major bullish trend line forming with support near $201 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well bid above the $200-$201 zone.Ethereum price is trading in an uptrend above the $200 support against the US Dollar. ETH/USD is likely to break...

Members of Congress are urging Treasury Secretary Steven Mnuchin to use the blockchain to send out Americans’ stimulus payments.Will Blockchain Empower the U.S.?The request is coming a little late considering about 80 million people have already gotten their stimulus money by direct deposit. In addition, several other checks are already in the mail and making their way to recipients’ homes. That said, it’s an interesting notion that the U.S. Congress is becoming so “blockchain focused.”It was...

Bitcoin is on the rise, and according to new evidence, the reason may be due to increased buying on cryptocurrency exchanges like Coinbase.Coinbase Is Bursting with BTC TradesBitcoin is trading for just shy of $8,900, though last week, it briefly shot up to the mid-$9,000 range. While originally it was believed that buying activity had increased on derivatives platforms, some analysts believe purchases on spot crypto exchanges may be the real “culprit” behind bitcoin’s meteoric...

Uh oh. Is Tether behind bitcoin’s latest surge?Tether Is At It AgainOver the years, rumors have swelled that Tether has been tied to bitcoin as a way of boosting its price. University of Texas finance professor John Griffin has put out reports in the past suggesting that the 2017 bitcoin burst we all witnessed was actually caused by traders using Tether – a controversial stable currency – to purchase bitcoin whenever it’s price went down.Stable coins are those supported by fiat currencies,...

Stellar lumen price climbed towards the $0.0765 level before correcting lower against the US Dollar.XLM price is now trading below the $0.0700 level, but downsides are likely to be limited.There was a break below a major bullish trend line with support at $0.0720 on the 4-hours chart (data feed via Kraken).The pair could correct further lower towards the $0.0625 support, where the bulls might take a stand.Stellar lumen price is currently correcting lower against the US Dollar, similar to...

Ripple price is currently correcting lower from the $0.2358 swing high against the US dollar.The price is likely to find a strong support on the downside near $0.2000.There is a major bullish trend line forming with support near $0.2085 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh upward move if it clears the $0.2155 resistance area.Ripple price is currently correcting from the last week high against the US Dollar. XRP price must stay above...

A Norwegian billionaire named Tom Hagen is now in prison and being prepared for questioning in his wife’s murder. Hagen is a real estate mogul who reported that his 69-year-old wife was kidnapped in late 2018. The kidnappers were allegedly asking that he fork over $10 million in Monero funds if he ever wanted to see his wife again.Hagen May Have Been InvolvedHagen, age 70, reported that he came home one night to find the ransom note in the couple’s bathroom asking for the money. The note was...

Bitcoin IRA – a retirement services firm in Los Angeles that allows people to invest in digital currencies like bitcoin, Ethereum and bitcoin cash – has published a new e-book explaining why it’s important to have gold added to one’s portfolio.Bitcoin IRA – Gold Is Very ImportantGold is often considered one of the most stellar assets one can own. A precious metal, gold has proven itself resistant to economic turmoil and often remains stable during crises. While stocks and crypto fell terribly...

Many analysts believe that the price of bitcoin could potentially reach $10,000 before the halving is set to occur.Could Bitcoin Spike It Big All Over Again Soon?If that’s the case, bitcoin would need to spike to the five-figure range in less than two weeks. Can it be done? Is this enough time for the asset to truly make its mark?The last time bitcoin was trading in the $10,000 range was last February. This held for a few weeks and then the currency fell victim to the hazards of the market as...