Altcoins

PayPal has been big on crypto over the past year, but now the company is pushing its digital currency agenda even further. The company has put out a statement saying that several countries – including the United Kingdom – outside the U.S. will be able to buy, sell and trade digital assets through its platform. PayPal Is Bringing Crypto Trading to the U.K. The new service will allow these countries to invest in four major cryptocurrencies: bitcoin, bitcoin cash, Ethereum...

Leading cryptocurrency e-commerce platform Shopping.io has continued to onboard several big names in the financial services industry as it makes another landmark move today. This time, it has collaborated with Justin Sun’s blockchain project – TRON. Shopping.io Integrates TRON Shopping.io revealed Wednesday that it had completed a partnership deal with TRON, a  popular blockchain project dedicated to building a truly decentralized Internet, to establish its position as a...

Tron price started a fresh decline from the $0.0960 zone against the US Dollar. TRX price is now trading below $0.0880 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.0880 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower as long as it is below the $0.0880 and $0.0900 levels. TRON price is slowly moving lower below $0.0900 against the US Dollar, similar to bitcoin. TRX...

A new cryptocurrency company has stepped into the limelight. Known as Block Ape Scissors, the firm seeks to ensure that all crypto investors garner value for their assets, even when they seem less legit than so many others. Block Ape Scissors Tries to Give NFTs More Exposure and Use The company’s founder Matthew Hutchins has stated in an interview that he hopes Block Ape Scissors can become a truly unique cryptocurrency ecosystem that will allow people to have some fun...

ADA price started a fresh increase above the $2.20 resistance against the US Dollar. The price is now well above the $2.50 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase if it clears the $3.00 resistance zone in the near term. Cardano price is showing positive signs above $2.50 against the US Dollar, similar...

Ethereum price extended its increase above the $3,300 resistance against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,260 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,260 and $3,200. Ethereum price is showing positive signs above $3,200 against the US Dollar. ETH/USD must stay above the $3,200...

It’s been a rather big year for crypto thus far, but what will the future bring? Many analysts are weighing in where bitcoin and its altcoin cousins will be standing in the next five to ten years. Where Will Crypto Be in the Next Few Years? Dave Abner – head of global development at Gemini – said in a statement: There’s tremendous focus and attention being paid to [the crypto industry]. One of the big focuses we have been seeing over the past few months is on regulation....

Centre, the issuer of popular stablecoin USDC, has revealed that it will convert the asset reserves back to cash and U.S. treasury bills only. In an official blog post on Monday, the Centre Consortium noted that it now intends to “hold the USDC reserve entirely in cash and short duration US Treasuries.” The organization said the decision was prompted by its commitment to increasing transparency and exploring new opportunities to collaborate with the USDC community. It noted...

David Marcus – the head of Facebook’s blockchain department – says that the social media company’s new cryptocurrency wallet Novi is ready to go. David Marcus Is Ready to Unleash Novi Novi has been a long time in the making. The wallet is designed to accompany the firm’s new Diem cryptocurrency, which many fans and anticipators still refer to as “Libra.” That was the name the currency originally traveled under when initially announced in the summer of 2019. As a former...

Stellar lumen price started a decent increase above the $0.3500 resistance against the US Dollar. XLM price is now trading above $0.3700 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $0.3880 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.3900 and $0.4000 resistance levels. Stellar lumen price is showing positive signs above $0.3700 against the US Dollar,...