Stellar lumen price is attempting a fresh increase from the $0.125 zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.134 on the 4-hour chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1420 resistance zone. Stellar lumen price is trading above $0.1250 against the US Dollar, similar...
Read More »Ripple Price Analysis: Bulls Aim Fresh Rally To $0.85
Ripple price started a downside correction from the $0.9450 zone against the US dollar. The price is now trading above $0.650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.775 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.780 resistance. Ripple price is consolidating near $0.750 against the US Dollar, similar to Bitcoin. XRP...
Read More »Binance Ceases All Trading of Privacy Coins
Binance – the world’s largest and most popular digital currency exchange in the world – has announced it’s pausing all trading of privacy-centered cryptocurrencies indefinitely. Binance Says No More Privacy-Focused Trading At the time of writing, Binance customers will no longer be able to trade or invest in a wide array of anonymous coins focused on full user privacy. The names include Decred, Secret, Verge, BEAM, Monero, Firo, and Zcash, to name a few. Binance...
Read More »Opinion: Ripple is Showing Crypto Firms How to Handle a Bully
Not long ago, it was announced that crypto firm Ripple (XRP) and the Securities and Exchange Commission (SEC) were duking it out in court. Ripple is in the Fight of Its Life The agency alleged that the company had violated securities laws by issuing XRP without going through the proper licensing and registration requirements. In contrast to other companies’ strategies, Ripple chose to fight back and agreed to go to court with the SEC, and at the time of writing,...
Read More »Unpopular Opinion: Is the SEC the Key Behind the Next Crypto Bull Market?
The crypto market has recovered a lot of the losses sustained in 2022, with BTC rising by over 80% YTD and many altcoins performing even better. This led to questions and analysis within the community about whether the bear market is over and the industry is preparing for yet another bull cycle. Moreover, the BTC halving is scheduled to take place in less than a year, which is typically regarded as a catalyst for upcoming price increases. However, the recent developments from...
Read More »Weekend Watch: Bitcoin (BTC) Defends $30K, Cardano (ADA) Drops 4% Daily
Bitcoin dipped toward $30,000 but managed to bounce off that level and stands a few hundred dollars above it now as well. Most altcoins are also slightly in the red today, with ADA, SOL, MATIC, and DOT dropping the most from the larger caps. BTC Defends $30K The primary cryptocurrency experienced enhanced volatility at the end of the business week, alongside the rest of the market, following Ripple’s landmark victory against the SEC. Following the judge’s ruling that almost...
Read More »NFTs Are Making Artists a Lot of Money
Ashley Crossland is a man who made his bones working as a graphic designer, but while it’s been a solid career, the money he’s made in this field is nothing compared to the big bucks he’s rung in developing non-fungible tokens (NFTs). NFTs Are Bigger Than Ever NFTs are a new breed of digital currency. While they cannot be used as methods of payment, they are getting big in that the space is growing like crazy, and you now have people putting their NFTs up as...
Read More »Bitcoin (BTC) Rejected at $31K Again, Ripple (XRP) Dumps 8% Daily (Weekend Watch)
After marking a new 13-month high yesterday at almost $32,000, bitcoin has been rejected once again and even dipped below $30,000 hours ago. Most altcoins are also in the red today following the recent gains, except for DOGE, SHIB, OP, and a few others. BTC Stopped Most of the working week went by quietly for the primary cryptocurrency as the asset spent it trading sideways in a tight range between $30,000 and $31,000. All that, however, changed on Thursday evening when Judge...
Read More »Stellar Lumens (XLM) Price Sees Huge Gains After XRP Ruling, While These Tokens Are Also Surging
XRP’s recent win against the U.S. Securities and Exchange Commission (SEC) sparked a wave of optimism in the crypto market, driving a rally in altcoins. Amid this rally, Stellar Lumens (XLM) stood out with an almost 50% price jump in the past 24 hours. The likes of Solana and Cardano have also seem significant gains, while new coins like Thug Life and Chimpzee are surging as the market turns bullish. Stellar Lumens’ Bullish Recovery Amid SEC Setback Previously, the SEC’s...
Read More »XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory
CoinspeakerXRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory The surge in XRP price highlights the impact of legal outcomes on the crypto market. XRP Emerges as 4th Largest Crypto after Ripple’s Decisive Victory
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