Altcoins

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,...

Ripple price gained traction and it rallied above $1.20 against the US dollar. The price is now trading well above the $1.20 resistance and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $1.25 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise as long as it is above the $1.080 support zone. Ripple price is trading in a positive zone above $1.20 against the US...

Following a sharp retracement below $49,000, bitcoin has rallied up and reclaimed that particular level. Most altcoins have stalled since yesterday, except for Cardano. ADA has painted another fresh all-time high above $2.6. ADA’s Latest ATH; Alts Calm The alternative coins were all covered in green yesterday with impressive gains across the charts. Ethereum briefly exceeded $3,300 but has retraced slightly since then and currently sits below that level. Binance Coin, which...

Billionaire investor and entrepreneur Mark Cuban appears eager to clarify some comments he recently made regarding Dogecoin, the world’s fourth largest cryptocurrency. Mark Cuban Seeks to Clear the Air Regarding Doge Just a few days ago, the billionaire stated that he felt Dogecoin was a great “medium of exchange.” He also sang additional praises for the popular meme coin, but he is now taking to social media to clarify some of these statements. On Twitter, he has...

Mobile Coin has added a whopping $66 million to its financial reserves following its latest funding round. Mobile Coin Gets a Lot of Cash in the Bank Mobile Coin has stated that it is looking to instill privacy measures for all who would utilize it. Thus, the platform seeks to reject all advertising and instead relies on peer-to-peer networking for all payments, thereby allowing transactions to remain hidden while still occurring on the blockchain. The firm is open to...

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Dallas-based Maison Reserve & Co. has chosen Ethereum to build a new cryptocurrency that is tied to the supply and demand of various products. Maison Reserve Unleashes a New Rewards Token Based on Ethereum Maison was attracted to Ethereum for several reasons. For one thing, the blockchain boasts smart contract capabilities, making it relatively easy to establish new decentralized applications (dapps) and digital tokens. In addition, Ethereum has allegedly been on a...

Bitcoin cash price started a decent increase above the $650 resistance against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $635 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $650 and $680 resistance levels. Bitcoin cash price is gaining pace above the $600 zone against the US...

Singapore has become a big crypto haven in recent years, largely due to an alleged spike in coronavirus cases. Thanks to the pandemic, many citizens and residents of the country got scared about their financial situations and sought ways to keep themselves safe and wealthy during times of strife. Many People in Singapore Are Investing in Ethereum One of the ways to do this was by diversifying their portfolios, which means more crypto investments. However, rather than...