Bitcoin Forming Another Bullish Breakout Pattern and It Could Rally To $7.2K

Bitcoin is up more than 4% and it broke the key $6,500 resistance area against the US Dollar. BTC price is forming a solid bullish trend and it could soon rally towards $7,000 or $7,200. Bitcoin started a fresh increase after testing the $6,200 support area against the US Dollar. The price is up close to 5% and it surpassed the $6,500 and $6,600 resistance levels. There is a short term contracting triangle forming with resistance near $6,650 on the Read more …

Ripple (XRP) Signaling Fresh Surge Similar to Bitcoin and Ethereum

Ripple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum. Ripple price is slowly gaining bullish momentum above the $0.1720 level against the US dollar. The bulls are likely aiming an upside break above the $0.1780 and $0.1800 resistance levels. There is a key bearish trend line forming with resistance near $0.1760 on the hourly chart of the XRP/USD pair (data Read more …

The Sandbox Sells 3400 Ether Worth of Virtual Land in Five Hours

The Sandbox (TSB), a mobile creation game on Ethereum, announced on April 1 that its third presale of virtual land had generated 3,400 Ether ($450,000) in sales. The March 31 presale sold 12,384 pieces of LAND — virtual spaces in the game — in just five hours. That equates to approximately 10% of the total 166,464 pieces in the game, with most of it snapped up in the first thirty minutes.  TSB has quickly become one of the most coveted Read more …

New York Judge Says Telegram Can’t Distribute Grams Outside U.S. Either

A New York judge has ruled that the injunction barring Telegram from issuing its Gram tokens extends to all entities in the United State and overseas. On April 1, U.S. District Judge P. Kevin Castel, responded to the encrypted messaging firm’s request for clarification as to the scope of the court’s March 24 preliminary injunction. He denied Telegram’s move to distribute tokens to the non-US-based participants of its 2018 initial coin offering (ICO). Approximately $1.27 billion of the funds raised Read more …

Ethereum Just Broke $135 and Primed To Test $150: Here’s Why

Ethereum is trading with a bullish angle and it recently surpassed the $135 resistance against the US Dollar. ETH price is likely to continue higher towards $145 and $150. Ethereum is up more than 3% and it broke the main $135 resistance against the US Dollar. The price is now trading in a bullish zone and it could continue higher towards $145 or $150. There is a key bullish trend line forming with support near $131 on the hourly chart Read more …

Crypto Community Embraces April Fools Day Pranks

While much of the mainstream media decided against running pranks this year due to the seriousness of the coronavirus crisis — the crypto community decided to have some fun anyway. One of the earliest, and funniest, was CoinMarketCap listing ‘Toilet Paper Token’ as the number one cryptocurrency above Bitcoin — the circulating supply, naturally, was ‘out of stock’. Satoshi predicted the COVID-19 outbreak CryptoPotato broke the news that Satoshi Nakamoto predicted the coronavirus outbreak in the original Bitcoin whitepaper. It Read more …

Free Crypto: Best Bitcoin Faucets in April 2020

Advertisment Bitcoin Faucets are cryptocurrency payment systems, which involve a website or an app that rewards users for interacting with the advertisements they run with fractions of free Bitcoins. Depending on the faucet site they choose, users are able to claim coins on various tasks, such as staying on a webpage for a specific period, watching a video, completing a captcha, playing games, rolling dices, or just clicking on certain areas of the site. You want the latest news about Read more …

CoinTracker Passes 100K Users, Announces Six New Partners

Cryptocurrency portfolio tracker and tax calculator CoinTracker has surpassed 100,000 users and has signed up six new partners. The site, which is used by many traders to comply with tax reporting obligations,  announced the news in a blog post published on April 1. In the past month CoinTracker has partnered with six new organizations: Casa, Compound, Crypto.com, ErisX, IDEX, and Lolli, in addition to existing agreements with Coinbase and Turbotax. CoinTracker and Casa have partnered to give users’ access to Read more …

Global Cybersecurity League Formed to Fight Hospital Ransomware

A crack team of cybersecurity experts in 65 countries has come together to combat ransomware attacks on hospitals during the coronavirus crisis. Calling themselves the COVID-19 CTI League the community of experts aims to protect the technological infrastructure of front-line medical resources from cyberattacks. Hospitals around the world have seen a big increase in cyberattacks over the past year, in which critical IT systems are encrypted with malware. Gangs demand a Bitcoin ransom in return for the decryption key. Hospitals Read more …

Coronavirus Fuels P2P Connectivity: Crypto-Driven Meshnet Gives Rural Towns Internet

While the coronavirus wreaks havoc on the economy across the U.S., a number of the 1,737 residents from Clatskanie, Oregon can’t obtain an internet service provider (ISP). The situation has motivated the town to adopt a decentralized meshnet ISP called Althea and the network’s users are paid in cryptocurrency for relaying. Also read: Film Reels and Steel: Github Plans to Archive Bitcoin Code for 1,000 Years Oregon Residents Connect to Decentralized Internet Service Powered by Crypto The recent events unfolding Read more …

Bitcoin Rips to $6,750 In Move Reminiscent of Last Year’s 25% April Fool’s Rally

Since NewsBTC’s last market update, Bitcoin has continued to rip higher, recently hitting $6,750. With this, the cryptocurrency is up nearly 9% from the daily lows around $6,200, and up over 16% from the weekend lows at $5,800. Although not on the same magnitude, many have likened Bitcoin’s recent price action to the 25% surge seen on April Fool’s and April 2nd last year, which was a move that kickstarted a rally from the $4,000s to $14,000 by mid-June. Analysts Read more …

This Indicator Shows Bitcoin May Soon See a Massive Influx of Buy Orders

After a period of facing some downwards pressure, Bitcoin bulls have been able to step up and lead the crypto higher, pushing it back into the mid-$6,000 region. This recent price action seems to indicate that both bulls and bears have reached an impasse, as neither have been able to garner any decisive momentum in the time following BTC’s rejection at $6,900. Importantly, one fundamental indicator is suggesting that bulls may soon gain the upper hand over bears, as the Read more …