Altcoins

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Stellar lumen price started a fresh decline from the $0.1000 resistance zone against the US Dollar. XLM price is now trading below $0.0950 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0840 and $0.0800 support levels. Stellar lumen price is trading below $0.1000 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.4000 resistance against the US dollar. The price is now trading above $0.3880 and near the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.3875 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down towards the $0.320 support in the near term. Ripple price is struggling below $0.400 against the US Dollar,...

A recent report suggests that the volatility of the crypto market is now far less than the volatility exhibited by stock exchanges such as the Nasdaq and the S&P 500. Crypto Volatility Is Now Less Than That of Stocks While it may not seem like it, bitcoin and its many altcoin cousins have been much more stable and are steadier as of late when compared to their stock counterparts. Shares in companies continue to take heavy dips in recent weeks, while many main staples...

German fintech firm Caiz Development is working to establish a new Sharia-compliant crypto and blockchain enterprise that will allow unbanked or underbanked people in the Middle East take advantage of digital assets. Caiz Development Is Helping the Middle East Get Acquainted with Crypto The goal is to ensure the platform is fully compatible with those who follow the Islamic religion. By conforming to its methods and ideals, those who worship and abide by Islamic laws can...