Ethereum Price Analysis: ETH’s Bullish Extension Above $150

Key Highlights ETH price climbed higher sharply and broke the $150 resistance area against the US Dollar. There is a short term bullish flag pattern formed with support at $150 on the hourly chart of ETH/USD (data feed via Kraken). The pair is gaining momentum and it may extend gains above the $155 level in the near term. Ethereum price is trading nicely against the US Dollar and bitcoin. ETH/USD is placed nicely above the $144 support and it may continue to move higher. Ethereum Price Analysis Yesterday, we discussed…

Samsung Crypto Wallet | Is the New Wallet Rumor or Reality?

2019 is supposed to bring a lot of things, but is a Samsung crypto wallet one of them? Maybe. According to reports, the company recently filed a UK trademark for a crypto wallet.  Samsung Crypto Wallet: Rumor or Reality? On December 27th, the UK Intellectual Property Office published a filing. It details how Samsung, a South Korean electronics behemoth, has applied for a UK trademark for a crypto wallet. For those who don’t know (and according to blockgeeks.com) a cryptocurrency wallet is a software program that stores both public and…

Bitcoin Closing in Towards $4,000-Resistance in Another Upside Attempt

The bitcoin price on Wednesday showed minor upside movements as it maintained the gains made during yesterday’s session. Bitcoin Price Technical Analysis The BTC/USD exchange rate posted as much as 1.5 percent in gains during the first half of the trading session. The pair notably eyed a rally towards $4,000 but corrected ahead of establishing the said upside target, eventually falling to $3,843, its value at the time of writing. BITCOIN 1D CHART | SOURCE: COINBASE, TRADINGVIEW.COM The price action also confirmed a firm price action similar to what market…

Dark Overlord | Hacker Group Demands Bitcoin or 9/11 “Truth” Comes Out

“We’ll be providing many answers about 9/11 conspiracies through our 18,000 secret documents leak.” The group has already published a “teaser” that names law firms and gives out email addresses. It also mentions the Transport Security Administration and the Federal Aviation Administration, with promises of more to come. Those targeted are expected to pay an unspecified Bitcoin ransom. If they don’t pay up, the group claims “we’re going to bury you with this.” The Dark Overlord The Dark Overlord is a “professional adversarial threat group” that has struck many times before. The hacker group has previously hacked…

Bitcoin Up 7% and Ethereum Surges 19%, Good 2019 Start For Crypto

Over the last 48 hours, the Bitcoin price increased from $3,629 to $3,890, by more than seven percent. The Ethereum price has also surged by 19 percent since January 2 from $143 to $160, recording a substantial increase in value prior to its highly anticipated Constantinople hard fork. Not a Bad Year For Bitcoin Bitcoin ended 2018 with an 80 percent drop in its price from its all-time high at $19,500. However, Jameson Lopp, the chief technical officer at Casa and a former BitGo executive, has said based on several metrics,…

‘Boring’ Blockchain Could Become Mainstream in 2019: MIT

Blockchain — which has been hailed as a game-changing technology that could revolutionize whole industries — will be so commonplace in 2019 that it’ll become “boring,” according to the MIT Technology Review. “In 2017, blockchain technology was a revolution that was supposed to disrupt the global financial system,” the Technology Review claimed. “In 2018, it was a disappointment. In 2019, it will start to become mundane.” MIT observed that distributed ledger technology has been widely praised for its potential to transform healthcare, banking, supply chain management, and even the entertainment industry. Major…

Crypto Markets Are Mostly in Green, Ethereum Regains Top Altcoin Position

Wednesday, Jan. 2 — The main cryptocurrencies have mostly been in the green for two days now, according to data from Coin360. Bitcoin (BTC) is still over $3,800 mark, while Ethereum (ETH) has regained the top altcoin position. Market visualization from Coin360 Proof of Keys — a celebration when BTC holders temporarily withdraw their funds from all exchanges and mediators  — is coming in just a few hours, and BTC has gained about 3 percent in price since the beginning of Jan. 2. The coin is traded at approximately $3,900…

Tron Price Analysis: TRX Up 4.1 Percent, Reaction at 2.1 Cents Important

Latest Tron News Some individuals like Roubini have no kind words for Bitcoin. There are others like Jed McCaleb who think most ICO projects lack the technical merit to come through from their flowery white papers. He thinks Tron–and 90 percent of other ICO projects, is garbage. In a recent interview with Yahoo Finance, he is astounded and yet to comprehend why investors continue to pour funds to projects that might not lift off. “The allocation of capital and resources is wild to watch when these projects that have zero…

Bitcoin Space Growing on Almost All Metrics except Exchange Rate

Infrastructure underpinning the world’s leading cryptocurrency bitcoin is looking better even though its value has fallen by more than 80 percent since the peak, argues prominent cryptocurrency software engineer Jameson Lopp. The renowned cypherpunk, who also serves as the chief technical officer to cryptocurrency security company Casa, narrowed down bitcoin‘s performance in 2018 based on multiple metrics. The aggregated data revealed that the digital currency had an excellent year concerning general and academic interest, funding, data anchoring, software upgrades, and on-chain security. It also found that bitcoin performance suffered in almost…

Ripple Price Analysis: XRP Drop to Third, Coins Moved From OTC Distribution Wallets

Latest Ripple News Margins are tight, and after a five-month stint at second, XRP is back to third. Despite high volume activities which XRP and Ripple sleuths point to “abnormal” movement of coins from Ripple owned Escrow addresses. For example, on Jan 1, 2.9 billion worth of XRP worth $1.1 billion at market prices were moved from several OTC Distribution and Escrow wallets for mere cents. As expected, movements of such magnitude can be a cause of speculation and even unfounded hype—rumor now has it that Ripple is on the…