Altcoins

Ethereum price is holding gains above the $450 and $440 support levels against the US Dollar.ETH price is currently trading well above $450 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $452 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher once there is a clear break above $470 and $472.Ethereum price is trading in a positive zone above $450 against the US Dollar. ETH/USD could accelerate higher...

David Schwartz, the chief technology officer at Ripple, has lost more than $300,000 after investing in assorted altcoins.David Schwartz Has Lost a Lot of Crypto in Recent YearsThe crypto space can be quite speculative. In fact, it is often said that people who choose to invest in crypto should be prepared (somewhat) to lose their entire investment. The volatility of cryptocurrencies and the vulnerability of the space to hackers and malicious actors are two of the biggest contributors to the...

The cryptocurrency space has become synonymous over the years with hacks, cyberthieves and malicious behavior. It has been announced that another digital currency platform has fallen victim to such antics. This time, the victim happens to be Akropolis, which is reporting more than $2 million in Dai cryptocurrency stolen from its reserves.Akropolis Is the Latest Exchange to Be CompromisedAkropolis is a crypto lending service that allows crypto holders to pool all their digital funds together...

Stellar lumen price is still struggling to gain pace above $0.0850 and $0.0860 against the US Dollar.XLM price is holding the key $0.0780 support, but it is below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0832 on the 4-hours chart (data feed via Kraken).The pair could either decline sharply below the $0.0780 support or start a sharp rise towards $0.0900.Stellar lumen price is trading near a major support at $0.0780 against the...

Bitcoin has overtaken the $16,000 price tag after struggling to remain above it during the weekend. Large-cap altcoins have fallen behind with slight decreases, while the DeFi field sees high volatility once more. Bitcoin Reclaims $16K As reported last Friday, Bitcoin’s impressive performance as of late took the asset towards a fresh yearly high of $16,500. After conquering this significant milestone, however, the primary cryptocurrency slumped. The weekend didn’t produce any...

Ripple price started a strong increase above the $0.2600 and $0.2650 resistance levels against the US dollar.The price rallied towards the $0.2780 level and settled well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.2650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well bid and it seems like the bulls are eyeing more gains above $0.2750 and $0.2780.Ripple price is gaining pace above the...

Although BTC has recovered from the two dips beneath $16,000, so far over the weekend, the asset struggles with decisively reclaiming the coveted price level and the area between $16,000 – $16,250. Larger-cap altcoins have also lost some steam, but DeFi tokens have surged in value. Bitcoin Stalls Around $16K Bitcoin’s impressive performance as of late drove the asset from a low of about $15,100 on November 10th to a new yearly high of $16,500 last Friday. The community began...

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The largest bank in Belarus – the ASB Belarusbank – has reportedly launched a legal service enabling customers from the country and Russia to purchase cryptocurrencies. Users will be able to exchange digital assets for Belarusian and Russian rubles, US dollars, and euros directly with their Visa payment cards. Belarusbank To Allow Crypto Purchases According to the Prime Press coverage, the largest bank in Belarus by volume of equity, assets, loans, and deposits has partnered...

The famous hip hop artist Akon has announced that the digital asset Akoin has been listed on Bittrex, and trading has started earlier this week.  Akon and Akoin’s co-founder and president Jon Karas called the addition a “major milestone” in a recent livestream. The rapper believes that more exchange will follow the example set by Bittrex soon. He noted that Akoin aims to revolutionize the global payment network and especially in underdeveloped countries in Africa.  During the...