Solana price started a decent increase above the $20.80 resistance against the US Dollar. The price is now trading above $20.50 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $20.75 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $22.00 and $22.40 to continue higher in the near term. Solana price is trading above $21.00 against the US Dollar, similar to...
Read More »Cardano (ADA) Price Analysis: Bears Active Below $0.28
ADA price is trading in a bearish zone below the $0.280 support zone against the US Dollar. The price is now trading below $0.270 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.270 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.278 resistance zone. Cardano price is struggling below $0.278 against the US Dollar, similar to Bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH Sits At Key Breakout Zone
Ethereum price is struggling below the $1,700 resistance against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,660 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,660 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides if it...
Read More »Balancer Drained for Almost $1M Days After Disclosing Vulnerability
On the 22nd of August, Balancer Labs – a non-custodial portfolio manager, liquidity provider, and price sensor – received reports of a massive vulnerability affecting several of its lending pools. At the time, no attacks had been carried out – but that changed recently. Community Alerted As soon as the exploit was discovered, Balancer devs published a warning to its users, noting that certain pools had already been marked as safe and promising a post-mortem of the situation...
Read More »Ripple Pushes Its Cross-Border Agenda Following SEC Win
Ripple is feeling very confident following its recent SEC victory. So confident, in fact, that in a recent interview, representatives said they think many banks will want to use XRP (the official cryptocurrency of Ripple) to aid in cross-border payments. Ripple Wants XRP to Be a Primary Cross-Border Tool The company stated it’s already engaged in several talks with banks and other traditional financial institutions throughout the U.S. about the use of XRP in...
Read More »1inch Investment Fund Acquires $10M Worth of Ethereum
Coinspeaker1inch Investment Fund Acquires $10M Worth of Ethereum The wallet holds a significant amount of ETH alongside other cryptocurrencies worth around $80 million in its portfolio. 1inch Investment Fund Acquires $10M Worth of Ethereum
Read More »Orbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem
CoinspeakerOrbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem At the heart of this transformation lies Axelar’s innovative Satellite Bridge, a technology that simplifies the transfer of assets between different blockchain networks. Orbs Partners with Axelar to Introduce Its Tokens on Arbitrium Ecosystem
Read More »Stellar Lumen (XLM) Price Could Resume Downtrend Below $0.112
Stellar lumen price is struggling below the $0.125 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.123 on the 4-hour chart (data feed via Kraken). The pair could start a fresh increase if it clears the $0.125 resistance. Stellar lumen price is trading below $0.125 against the US Dollar, similar to Bitcoin. XLM price could...
Read More »Ripple Price Analysis: Bears Aim Fresh Drop To $0.485
Ripple price is facing resistance near the $0.535 level against the US dollar. The price is now trading below $0.525 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.540 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.540 and $0.564. Ripple price is struggling below $0.540 against the US Dollar, like Bitcoin. XRP price must...
Read More »XRP, the Asset of Ripple, is Now the World’s 4th Largest Crypto
XRP – the cryptocurrency of Ripple – has shot up in price and is now the fourth largest digital asset, having beaten out BNB, the digital currency of Binance which is the world’s largest and most popular crypto exchange. Ripple Currency XRP is Surging! XRP has been involved in a huge legal battle with the Securities and Exchange Commission (SEC). Ripple had a suit filed against it back in 2020 by the financial agency, which swore up and down that the company was...
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