Altcoins

Ripple price started a strong decline from the $1.12 resistance against the US dollar. The price is now trading below $1.05 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.06 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend its decline below $0.9500 as long as it is below $1.12. Ripple price is showing bearish signs below $1.05 against the US Dollar, similar to...

As regulatory pressure mounts in the U.S., policymakers are putting stablecoins at the top of their agendas. Citing “people familiar with the matter,” Bloomberg has reported that officials are crafting a policy framework set to be released in the coming weeks. Their primary concern is ensuring that investors can reliably move money in and out of tokens, it added. The anonymous insiders are worried that a “fire-sale run on crypto assets could threaten financial stability and...

Interactive Brokers Group Inc. – a trading firm based in Greenwich, Connecticut – is opening its new cryptocurrency division. Interactive Brokers Says “Yes” to Digital Currency Customers of the firm will soon be able to trade and buy up to four different cryptocurrencies. They are bitcoin, bitcoin cash, Ethereum, and Litecoin. The company has stated that competition is growing given that many standard banks, hedge funds, and financial institutions are seeing their...

Walmart has been making a real name for itself in the crypto space. Many analysts were thrilled when the retailer announced not too long ago that it was looking to hire a crypto product specialist for its new blockchain division, suggesting that the firm was following in the steps of Amazon, one of its biggest competitors. Walmart and Litecoin… If Only! According to a recent news release, the company had engaged in a partnership with leading altcoin Litecoin, which...

Not everyone is a bitcoin fan, and now it looks like Sveriges Riksbank – the governor of Sweden’s central bank – is adamant that the world’s number one digital currency is about to collapse, and thus holds no place in modern-day finance. Sveriges Riksbank: Bitcoin Isn’t Going to Make It The digital currency space has come quite far in recent years. The primary asset, bitcoin, has attracted some of the world’s largest and most prominent institutional investors, from...

Bitcoin cash price started an upside correction from the $600 zone against the US Dollar. The price is now trading near the $650 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $640 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $650 and $660 resistance levels. Bitcoin cash price is eyeing recovery above $660 against the US Dollar,...

We’ve all heard of frequent flyer miles. The more you fly, the more miles you’ll earn for future trips. Well, a cryptocurrency company is pushing a new digital asset known as Fly Coin, which will pay users in digital currency granted they engage in specific travel behaviors. Fly Coin Will Reward Consistent Travelers The company has recently brought on a new chief executive officer in the form of Lenny Moon. Moon will be tasked with overseeing the market launch of the...

The ruling Democratic Party of South Korea intends to delay the upcoming taxation policy of digital assets. According to the officials, taxing bitcoin and altcoin investors still lacks proper infrastructure. Delaying The Crypto Taxation The Democratic Party of South Korea has objections in regards to the upcoming law that plans to start taxing gains made from cryptocurrency investments. According to a recent report, they have even passed a bill that could suspend the...

Das Time Magazine veröffentlicht jährlich seine Liste der 100 Most Influential People. In diesem Jahr hat es Ethereum-Gründer Vitalik Buterin in die Liste geschafft. Da die Identität des Bitcoin-Gründers Satoshi weiterhin ungeklärt ist, ist Buterin das Gesicht des Cryptomarktes in den Mainstream Medien. Ethereum News: Ethereums Vitalik Buterin gehört zu Times 100 einflussreichsten Leuten im Jahr 2021Dem Kurs könnte diese Nachricht tatsächlich geholfen haben. Denn seit gestern ist dieser...

EOS price started a decent recovery from the $4.30 zone against the US Dollar. The price is now trading above $5.00 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $4.85 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above the $5.10 and $5.20 resistance levels. EOS price is gaining pace above $5.00 against the US...