Custody Provider Vo1t Partners With IBM to Offer Customers Secure Key Storage

Cold storage custody provider Vo1t is offering clients secure data centers from IBM to hold and encrypt their private keys. The new option, which comes from IBM Hyper Protect, ensures that clients’ keys are safe even if Vo1t’s data centers are compromised. The data center can be installed on-premise or accessed remotely from a client’s computer, and the enclave keeps the data encrypted, regardless of whether it’s in transit or in memory. “Having this means our clients get to sign with their key in a separate transaction with IBM,” said…

Ethereum Flirts With Key Resistance: Here’s Why It Could Correct Before Fresh Rise

Ethereum price extended its rise above the $220 resistance area against the US Dollar. ETH is currently facing hurdles near $230 and it could correct in the short term. Ethereum is facing a key resistance near the $230 area against the US Dollar. The price might correct a few points towards $223 or $220 before climbing again. There is a major bullish trend line forming with support near $225 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is now trading well above the key $10,000 resistance…

The Sky’s the Limit for Ripple’s XRP as Price Busts Past 2 Key Resistances

While XRP is up over 50% in the past 50 days, rallying from $0.17 to a local top of $0.29 in just over a months’ time, the cryptocurrency is still dramatically down from its all-time high above $3.00, set in early-2018. In fact, at the current price of $0.278, XRP remains over 90% lower than its all-time high, which means that the asset has dramatically underperformed Bitcoin, down a mere 50% from its $20,000 high. Related Reading: Traders Expect Bitcoin Price to Explode Big in Next Week: Will It Happen?…

All Eyes On $10,000: Can Bitcoin Break Past This Key Level?

Just 30 or so minutes ago, Bitcoin made an attempt at $10,000, breaking past $9,900 for the first time in about forever to jump as high as $9,950. The price spike, unfortunately for bulls, fell short of the ever-so-important five digits. Though, the price of BTC is not done yet, with the price falling only to $9,890 as of the time of this article’s writing, suggesting that crypto bulls may soon again attempt to catapult Bitcoin over $10,000. The question is: will it happen? A number of analysts have recently…

Bitcoin Starts Convincing Rally To $10K After Short Term Correction: Here Are Key Hurdles

Bitcoin price remained well bid above $9,000 and rallied to a new 2020 high against the US Dollar. BTC is now trading nicely above $9,500 and signaling a strong increase to $10,000. Bitcoin is showing positive signs above the $9,500 and $9,600 levels against the US Dollar. The price jumped to a new 2020 high at $9,764 and it is currently correcting lower. There is a major bullish trend line forming with support near $9,460 on the hourly chart of the BTC/USD pair (data feed from Kraken). The current trend…

Bitcoin Is Diving But The Bulls Won’t Give Up Easily: Key Levels To Watch

Bitcoin price started a downside correction from well above the $9,550 area against the US Dollar. BTC broke the key $9,220 support and it is now trading in a short term bearish zone. Bitcoin declined recently below the $9,300 and $9,200 levels against the US Dollar. The price traded close to the $9,050 level and it is currently correcting higher. There is a major bearish trend line forming with resistance near $9,220 on the hourly chart of the BTC/USD pair (data feed from Kraken). The bulls need to push the…

Traders Eyeing Next Key Support Zone if Bitcoin Price Goes Below $9K

Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all the way $9,530 for a strong monthly close.  Bitcoin daily price chart. Source: Coin360 This week all of the attention seems to be oriented towards Tesla, who’s stock traded around $250 in late October and today topped $940, representing an incredible 310% rally over the past 3 months.  Tesla’s $166.63 billion market cap is now on the verge of…

Ethereum Bulls Are Not Done Just Yet: This Key Setup Shows Uptrend Intact

Ethereum price is trading in a positive zone above the $185 support against the US Dollar. ETH remains well bid and it is likely to bounce back from the 100 hourly SMA. Ethereum is currently correcting lower from the $195 yearly high against the US Dollar. The price is now approaching a couple of important supports near the $185 level. There is a bullish flag pattern forming with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price is struggling to settle above the $9,500…

Ripple (XRP) Smashes $0.25 To Open Doors For $0.30: Key Levels To Watch

Ripple gained recently and broke the $0.2450 and $0.2500 resistance levels against the US Dollar. XRP price is currently correcting, but it is likely to continue higher towards $0.3000. Ripple price climbed higher and traded to a new monthly high at $0.2616 against the US dollar. The price is currently correcting lower, but dips remain supported near $0.2480 and $0.2450. There is a short term declining channel or a bullish flag forming with resistance near $0.2580 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair…

Ethereum Just Saw Key Technical Correction But 100 SMA Can Trigger New Rally

Ethereum price started a downside correction from the key $180 resistance area against the US Dollar. ETH is currently below $175, but it is holding the 100 hourly simple moving average. Ethereum failed to climb above $180 once again and recently declined below $175 against the US Dollar. The price is now trading near the $170 support and the 100 hourly simple moving average. Yesterday’s highlighted key major ascending channel was breached with support near $175 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin price also corrected…