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Bitcoin Risks Breakdown to $6.5k as Selling Continues Near Long-term Support

Highlights:Booming global panic could prompt Bitcoin traders to break long-term support trendline.A key technical indicator is confirming a breakdown towards $6,500, bitcoin’s reliable price floor during the 2018 crash and also the 2019’s bottom.Bitcoin is risking declines to as low as $6,500 as panicked sellers threaten to break a long-term

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Bitcoin Risks Falling to $4,000 after Poking Long-Term Support

Worried traders dumped bitcoin positions again on Thursday as it failed to serve as an insurance asset amidst rising Coronavirus fears.The bitcoin-to-dollar exchange rate fell to $8,520 in a massive overnight selling, extending its net week-to-date losses by up to 15.05 percent. The downside move came alongside a $$196 million

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New Monaco-Based Startup Bitsa Adds XMR Support to Its Prepaid Card

Italy’s new crypto-powered debit card supplier Bitsa has just expanded its prepaid card with major privacy-focused altcoin Monero (XMR).By enabling Monero support on its Bitsa Card, the company unclocks “all types” of XMR-based card transactions in physical stores and online, including card-to-card transfers and Monero conversion to euro (EUR),

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Ethereum Just Flipped a Crucial Level Into Support, Setting Stage for Explosive Rally

Ethereum, despite what you may think, did not see a positive 2019. The second-largest cryptocurrency by market capitalization registered a slightly negative performance in 2019, which was starkly contrasted by Bitcoin’s yearly gain of over 90%.This meant that the market for ETH/BTC fell off a cliff, with the price of

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KuCoin’s USD 50M FCoin Market Maker Support to Provide Some Relief to the Affected

The reputed cryptocurrency trading and exchange platform, KuCoin has emerged as the champion of market makers on the now troubled FCoin crypto platform by launching the Market Maker Support Program.  The program that went live today is slated to benefit the affected FCoin market makers in two different ways.The Chinese

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Samsung Continues Support for Crypto with New Flagship Smartphone

Samsung Electronics' newly launched Galaxy smartphone will come with the same crypto storage facilities found on previous models. Unveiling the Samsung Galaxy S20 range recently, the Korean tech giant said the phone's security system includes a new "secure processor dedicated to protecting your PIN, password, pattern and Blockchain Private Key."Although

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