Category Archives: Bitcoin News

Crypto Market Could Rally Further: EOS, Bitcoin Cash, TRX, ADA Price Analysis

Tron Price Analysis: TRX Underperforming 24 Hours After NiTron

The total crypto market cap is preparing for more gains above the $132.5B resistance level. EOS price gained more than 7% recently and broke the $3.80 and $3.85 resistances. Bitcoin cash price is consolidating below the key $150 resistance level. Tron (TRX) price moved back above the $0.0250 resistance, but there was no follow through. Cardano (ADA) price is grinding higher and it could soon test the key $0.0500 resistance area. The crypto market is primed for more gains, with bullish moves in bitcoin (BTC) and Ethereum […]

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Jack Dorsey Tweets Support for Lightning Network Use on Twitter

Jack Dorsey Tweets Support for Lightning Network Use on Twitter

Jack Dorsey has endorsed the recent launch of a Twitter in-browser tipping extension built using the Lightning Network. The second layer scaling solution launched last year allows for near-instant, feeless payments in Bitcoin and by using the new Tippin extension, users can show their support for posters’ content financially. Twitter users can add Tippin to either Chrome or Firefox. Once installed, each Tweet will have a lightning bolt symbol next to it – a symbol popularly used by Twitter users to signal their interest in Bitcoin and more specifically, […]

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Crypto Sphere Believes Galaxy S10, JPM Coin Behind Bitcoin Rally, But Is Really a Return to Mean

Crypto Sphere Believes Galaxy S10, JPM Coin Behind Bitcoin Rally, But Is Really a Return to Mean

The crypto market lit up with green over the last 48 hours following a powerful rally led by Litecoin, Ethereum, and EOS, which also helped propel Bitcoin toward important psychological resistance at $4K. Should the first-ever cryptocurrency break through the resistance, a major blow will be dealt to bears and could signal that a bottom is already in. Battered and beaten bulls are tirelessly trying to find correlations to news that may be driving the rally, however, the move is likely a return to mean following extremely […]

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A Successful Binance DEX Mainnet Could See Binance Coin (BNB) Prices Double

Crypto Market Tumbles: EOS, Tron (TRX), Bitcoin Cash, ADA Price Analysis

  Binance coin up 17.1 percent in the last week Testnet launch live, users free to test the DEX and Binance chain explorer Transactional volumes double from Dec 2018   BNB is back to the top 10, and with increasing volumes and DEX and explorer test net, coin holders are likely to reap big profits. So far, Binance coin is up 17.1 percent and back to the top 10. Binance Coin (BNB) Price Analysis Fundamentals Like Ethereum’s ETH, Binance Coin is a utility token in the Binance […]

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Bullish Bitcoin (BTC) Inch Close to $4,500 as Tech Leader Says it is Better than Paper Money

Bitcoin Price Analysis: $3,800 is Definitive for BTC

  Bitcoin prices are trending higher, up 8.1 percent in the last week Elon Musk says Bitcoin and crypto is brilliant for value transfer Transactional volumes high, behind recent higher highs   Adoption is on the rise, and it is at this juncture that Elon Musk has reasons to believe that Bitcoin is brilliant and a better tool for value transfer. As an influencer, this is bullish, and as long as prices are on the rise, we expect momentum to build up. Bitcoin (BTC) Price Analysis Fundamentals […]

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Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally

Drastic Shift in Sentiment in Crypto After Bitcoin Surges: Technical Indicators Point Toward a Rally

Since Bitcoin (BTC) embarked on a bear market rally on Sunday, pushing past $3,600, $3,700, and $3,800 in rapid succession, the waters of the nascent crypto market have quieted. As of the time of writing, Ethereum, EOS, among other leading crypto assets have posted single-digit percentage losses — nothing to write home about. And while some would say that the lack of continued buy-side pressure could warrant a short-term pullback, notable traders have become convinced that from a fundamental and technical perspective, BTC still has a lot […]

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Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum at its bottom could yield more returns than investing in Bitcoin, said Don Alt. The famous cryptocurrency analyst, who has 82.7k following on Twitter, claimed that his investment paid off when he bought Ether at $121. While he didn’t specify the nature of his trade, he said his investment could return ten times more profit than bitcoin while still costing 1/3rd of the leading digital currency. “I’ve heard Etherum will one day be the global computer that [executes] smart [contracts], tweeted Don Alt. “So I […]

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Bitcoin Price Watch: Pullback In BTC Before Fresh Increase

Bitcoin Price Watch: BTC At Continued Risk of Weakness

Bitcoin price extended gains above $3,900 and traded close to the $4,000 resistance against the US Dollar. The price traded as high as $3,973 and later started a downside correction. There is a short term breakout pattern in place with support at $3,875 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to correct further lower towards the $3,830 or $3,800 support levels before fresh increase. Bitcoin price failed to surpass the $4,000 resistance and corrected lower against the US […]

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Another Major Bank Ordered Closed for Money Laundering

Another Major Bank Ordered Closed for Money Laundering

Danske Bank has been ordered to close up in Estonia following another money laundering scandal. It is not the first time a major bank has been involved in money laundering and it will not be the last, which is all good news for crypto. One of the most commonly spouted reasons that crypto is bad is that criminals use it for money laundering. But the bottom line is the US dollar is still the currency of choice for washing money, and banks are the vehicle. As more […]

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Binance Coin Controversy: Love it or Hate it BNB Keeps Climbing

Crypto Market Wrap: A Few Survivors As Markets Correct

As expected when a two day rally occurs on crypto markets there is the inevitable correction. Total market capitalization and daily volume has fallen back as day traders take profits and top performing crypto assets start to cool off and fall back. There are a couple however that are defying this much repeated market movement and continuing to climb at the moment. Binance Coin Crushing the Competition The crypto asset holding above the rest and continuing to surge at the time of writing is Binance Coin. In […]

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