Cryptocurrency News
BTC gains 7% in the last 24 hours Price breaks resistance level to achieve new high of 4000 New support levels set at 3760 After a period of consolidation, Bitcoin price finally managed to breach the resistance level of 3700 to achieve new highs and set new support levels. For […]
The Binance exchange is the biggest crypto trading platform in the world today. This is primarily because of its variety of markets, but also the professional service users can benefit from. For some users, however, it appears as if the recent BTT distribution has caused some friction. Sending BTT to […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH is rising on Tue, Feb 19, trading at around $147.19. The ascending trend broke out the resistance and reached 76%, now the coin may bounce back to $137.20 in the short term, and then target the major high at $160.44. On […]
The market has been on an uptrend in the past two days, gaining $14 billion. Bitcoin is on the cusp of hitting the $4,000 level for the first time in five weeks. Ethereum is trading just a dollar shy of $150, with EOS gaining 30 percent in the past two days. […]
One often heard complaint about Bitcoin and other similar projects is how this technology is very difficult to use. Younger generations seem to struggle less with this new concept of money. Although Bitcoin is far from granny-proof at this stage, a recent Lightning Network trial confirmed things are heading in […]
Bitcoin has registered a 4.1 percent growth in the past 24 hours to trade at $3.775 at press time. The surge comes after a rather slow and uneventful week. In the past week, bitcoin’s price was unable to break away from the $3,660 level achieved on February 8. However, since hitting […]
The cryptocurrency industry is much bigger than Bitcoin, Ethereum, Litecoin, XRP, and Dogecoin. Thousands of alternative projects exist today, albeit not all of them will be viable for very long. Netflix is seemingly in the process of filming a documentary about the altcoins on the market. A remarkable development, although […]
In the world of finance, there is a growing demand for contactless and instant payment solutions. Rakuten, one of the famous Asian technology giants, acknowledges this demand. The company is expanding the functionality of its payments app and will also integrate cryptocurrency support. An unexpected positive turn of events. Rakuten […]
Hackers in Turkey made away with $2.47 million worth of cryptocurrencies. And while this may not be the biggest hack in the recent past, this one was quite unique. The hackers used an online game chatting platform to communicate. As reported by a local media outlet, the crypto exchange detected […]
The current financial situation in the United States continues to frown many eyebrows. President Trump has issued another plan to effectively build his wall on the border between the US and Mexico. After not receiving the necessary funding to do so, he now plans a “national emergency” to move this […]
It’s only February and already, we’ve had one of the biggest announcements in the crypto industry. JP Morgan announced yesterday that it had successfully trialed the JPM Coin. It will use it for its $6 trillion wholesale payments business as well as securities transactions. In doing so, it became the […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Feb 15, the XRP is moving up slightly, trading at $0.3089. Over a few weeks, the crypto has been forming a triangle, still without testing either the resistance or the support. The MACD is however moving up, which makes the resistance breakout […]
Cryptocurrency users are not too happy at this point. Outside of the price developments, it seems there is genuine public outcry involving Ross Ulbricht, This individual, known for operating the Silk Road darknet marketplace, faces a double life sentence in jail. El Chapo, a known criminal and murderer, will receive a […]
FortuneJack is one of the most known names in the cryptocurrency industry. It’s a long standing gambling site that is run by a team of professionals. The platform is most known for their poker game which can be played without needing to download any additional software. Recently, FortuneJack launched their […]
JP Morgan Chase has created the first bank-backed cryptocurrency in the United States. Dubbed the JPM Coin, the new crypto will target the instantaneous transfer of payments between institutions. The bank is one of the biggest wholesale payments processors in the world, moving more than $6 trillion every day. It intends […]
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The Litecoin reached its high since Nov 14 2018 through the heavy rise last week. Currently, the crypto is trading at around $43. On H4, the price made an upmove after a long downtrend and then a convergence. The coin approached 76% Fibo, […]
Bitcoin is still struggling at $3,600, with the currency unable to break above $4,000 in the past month. However, this is the perfect time to stock up on bitcoin according to Zhao Dong. Dong is a Chinese crypto investor who continues to be one of the largest over-the-counter traders globally. According […]
The crypto industry has drawn comparisons with the cannabis industry quite often, especially in the last year. In 2018, stocks of companies dealing in marijuana skyrocketed following a favorable regulatory framework. This mirrored the 2018 crypto prices bull run. However, in Australia, the police took the association to a whole […]