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Bitcoin Settles Above USD 10,000, Altcoins Could Extend Rally

2.6.2020
In the past two days, there was a steady rise in bitcoin price above the USD 9,500 resistance. The recent surge was such that BTC was able to clear the main USD 9,950 and USD 10,000 resistance levels. It tested the USD 10,350 resistance zone and currently (08:40 UTC) consolidating above...

Major Technical Breakout Spotted as Bitcoin Reaches USD 10,000

2.6.2020
As bitcoin (BTC) once again reached the crucial USD 10,000 barrier on Monday night (UTC time), the BTC chart is showing signs of what could be a major breakout after a series of failed attempts at moving higher. At pixel time (05:22 UTC), bitcoin was up by 5.6% over the past 24 hours, trading at...

S2F Bitcoin Price Model Gets 'Red Dot,' McAfee Bashes His USD 1M 'Nonsense'

1.6.2020
The disputed bitcoin (BTC) stock-to-flow model has once again been updated with a new data point, this time indicating that the new bull cycle has seemingly begun and BTC might reach USD 100,000 in a year. Posting on Twitter Monday morning, the model’s pseudonymous creator, PlanB, said that a “red...

Washington Warned: Launch Digital Fiat or Say Goodbye to USD Dominance

29.5.2020
Source: Adobe/salomonus_ A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear – and could see the USD lose its status as the world’s reserve currency. In its first white paper,...

Can a USD Digital Token Help Save the Primacy of Standard Currency?

28.5.2020
What in your opinion is Bitcoin and cryptocurrencies? Many, in common parlance, will answer that Bitcoin and cryptocurrency is digital and virtual money. While, on the other hand, Treasury Secretary Steven Munchin with others at the US Senate this week pointed at the future of the US Dollar....

Coinbase Acquires a New Tool For Buyers of 'USD 100M of Bitcoin'

27.5.2020
Source: a screenshot, Instagram/Coinbase In an attempt to attract more institutional traders, major crypto exchange Coinbase agreed to acquire another major player in the crypto industry, Tagomi, a New York-based crypto brokerage. Terms of the acquisition, that is pending regulatory approval...

XRP/USD Stumbles: Will Ripple’s Announcements Come to Rescue?

25.5.2020
It is fascinating to see how the crypto giants are putting their blood, sweat, and tears these days to ease the current agitation of investors. The market is fighting against bears with all its might, but bears are continually keeping the traders away from any soothing spell regarding the prices...

Lien Collaborates With Chainlink for Using ETH/USD

21.5.2020
Lien is excited to announce its collaboration with Chainlink. Chainlink is the leading decentralized oracle network. Lien is a protocol system for crypto products that can be operated without the need for any artificial governance mode. As it is stated in Chainlink’s whitepaper, the firm...

Bitcoin Topside Bias Vulnerable Below USD 10K, Altcoins Consolidate

19.5.2020
Bitcoin price started a downside correction after it failed to clear the USD 9,500 and USD 10,000 resistance levels. BTC/USD traded below the USD 9,850 support and tested USD 9,550. The price is currently (09:00 UTC) stuck in a range and seems to be facing a strong resistance near...

Bitcoin Stuck Below USD 10K, Altcoins Look Ready For Another Leg Higher

18.5.2020
This past week, there was a downside correction in bitcoin price from the USD 10,000 resistance. BTC/USD traded below USD 9,550, but it found support near USD 9,200. Recently, it started a fresh increase and broke many hurdles near USD 9,550 to revisit the USD 10,000 region. Also, many major...

Bitcoin Facing Uphill Task Near USD 10,000, Altcoins Stable

15.5.2020
Bitcoin price followed a bullish path after it settled above the USD 9,500 resistance. BTC/USD broke a couple of major hurdles near USD 9,800, but it faced an uphill task near the USD 10,000 resistance zone. As a result, there was a downside correction and the price is currently (08:30 UTC)...

Bitcoin Returns Above USD 9,000, Altcoins Drop Against BTC

13.5.2020
It took a few days for bitcoin (BTC) price to return above the USD 9,000 level after crashing on the eve of the third mining reward halving. At pixel time (13:30 UTC), BTC trades at c. USD 9,094 and is up by 4% in a day, almost erasing all its weekly losses. The price is up by 35% in a month...

GBP/USD Highlights: Pound Weakens as it Falls to 1.22

13.5.2020
GBP/USD fails to retain the weekly gains around 1.24 as it falls back in the downward trading loop of 1.23 and 1.22. Pound failed to retain support from 50-day daily MA around 1.24 due to the weekly pullback against the US Dollar. The pair hit the double top at 1.26 on the last day of …

Bitcoin Struggling Near USD 9,000, Altcoins Show Signs of Life

13.5.2020
After halving, bitcoin price managed to settle above the USD 8,550 pivot level. BTC even climbed above the USD 8,850 resistance, but it seems like it is facing a major resistance near the USD 9,000 zone. If there is a clear break above USD 9,000, the price could start a strong rally. Looking...

EUR/USD Highlights of the Week; Ends the Week at 1.083

9.5.2020
EUR/USD ended the week above 1.080 after marking a rebound from an intraday low of 1.07 in Friday’s session, i.e., May 8, 2020. However, the Euro lacks a gradual support from 50-day and 200-day MA after a dip below 1.09 price area against the US Dollar. After the downward swing, the price trend...

Bitcoin Suisse Raising USD 56M, 'Free TON', Zcash Eyes Cosmos + More News

8.5.2020
Crypto Briefs is your daily, bite-sized digest of cryptocurrency and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investment news Bitcoin Suisse, a crypto financial services firm, has announced the start of its Series A capital raise. According...

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