Altcoins

Bitcoin’s price has been trading in a very tight range for a while now. The cryptocurrency seems unable to break out in any directions, while in the meantime, altcoins are popping massively.This has led to a 3% decrease in Bitcoin’s dominance, which measures the share of BTC relative to the entire market capitalization.However, BTC’s Bollinger Bands, an indicator that measures the standard deviation from a moving average, are particularly squeezed. In fact, the last time this happened,...

XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985.The coin is currently battling to climb back above the $0.20 level.Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week.XRP/USD: XRP Bulls Defending 100-day EMAKey Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.XRP managed to reach as high as the 200-days EMA last week, as the coin hit the $0.21 level. From there, XRP started to slowly grind lower over...

ADA price gained bullish momentum above the $0.1200 resistance area against the US Dollar.The price is currently consolidating gains above the $0.1250 and $0.1200 support levels.There is a key breakout pattern forming with support near $0.1235 on the 4-hours chart (data feed via Kraken).The price could continue to rise towards $0.1500 as long as it is above the $0.1200 support.Cardano price is trading in strong bullish zone against the US Dollar and bitcoin. ADA price seems to be aiming more...

An investigation into the Tether stable currency is presently underway following a request granted by an appeals court to the New York Attorney General’s office.Tether Is Under FireThis presents a major problem for Tether developer Brock Pierce, one of the top dogs in the world of digital assets. The 39-year-old recently announced his plan to run for president as an independent (with only four months left to go before the election) and is opening his campaign with several unique promises such...

There has been very little action on crypto markets over the past 24 hours. The majority of high cap coins are cooling off again following minor movements over the weekend.Bitcoin is no exception, remaining range-bound as the tedium continues. BTC managed to top $9,300 again a few hours ago but has since declined back below $9,180, which is still within its channel of consolidation.The longer-term support zone is at the $8,800 level, so a break below this could see things go south very...

After revealing its plans to enter the cryptocurrency debit card segment last week, Binance has officially debuted its Binance Card for users based in the United Kingdom and European countries, the blockchain behemoth told CryptoPotato on Tuesday.According to the release, the debit card allows holders to make crypto payments at more than 60 million merchants across 200 regions globally. Users will also be able to convert their crypto assets to fiat with ease.At launch, the Binance card will...

Following the announcement that BZRX token, the native cryptocurrency of DeFi project bZx, will be listed for trading on UniSwap decentralized exchange, reports suggest that a trader made more than half a million dollar within 30 minutes of trading the token.How It HappenedOn Monday evening, Security engineer Roman Storm took it to Twitter to explain how he spotted someone who made $1 million in a half-hour by trading the BZRX during an Initial DEX Offering (IDO) on UniSwap.An IDO is the...

Ethereum-based cryptocurrency lending system, Compound (COMP), is on the verge of touching the $1 billion mark in crypto loans. This comes amidst total USD funds locked in Defi surpassing $2 billion.DeFi’s Most Popular Lending Token Hits the Billion Dollar MarkAccording to the official Compound website, the total valuation of borrowed crypto assets under the Ethereum based lending protocol has just hit the $1 billion-dollar mark.Compound’s most popular lending and borrowing token is DAI....

Tron price started a downside correction from the $0.0190 zone against the US Dollar.TRX price declined below $0.0180 and it is currently trading near the $0.0172 support zone.There is a crucial contracting triangle forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong downward move if it breaks the $0.0172 and $0.0170 support levels.TRON price is trading near a major support zone against the US Dollar, similar to bitcoin. TRX price...

Ethereum price started a downside correction from the $249 swing high against the US Dollar.ETH price is currently consolidating above the $236 support and near the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $244 on the 4-hours chart (data feed from Coinbase).The pair could either climb again towards $250 or it might dive below the $236 support.Ethereum price is struggling to stay above the $236 support against the US Dollar. ETH/USD...