Altcoins

While it may be too early to project the possible performance of Grayscale in 2021, the spate of patronage the company recorded in the last two quarters of 2020 looks quite inspiring.In what confirms the continued embrace of Bitcoin (BTC) and altcoins by institutional investors and the big-money clients, Grayscale’s total Assets Under Management (AUM) has been reported to top $19 billion, a significant uplift from the $16.4 billion reported a week ago. According to a report by CoinDesk,...

Polkadot (DOT) saw daily gains of 22.5% wrapping up an impressive week with an almost 34% rise in its value.Bitcoin bullish run looks to have come to a halt amidst an altcoin rally which has seen relatively lower coins put up impressive performances in the past few weeks. Bitcoin dominance is gradually fading as many experts believe the biggest digital coin is backing down as some top altcoin are showing strong “moves” or signals. Bitcoin hit an all-time high over the weekend, the third time...

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...

Bitcoin has continued with highly volatile moves, including a drop from $27,500 to beneath $26,000. Several altcoins have marked serious gains, such as Binance Coin. BNB charted a fresh ATH of about $40 after a double-digit daily surge.Bitcoin Rejected At $27,500After charting the latest all-time high of about $28,300 a few days ago, bitcoin started to decline in value. Shortly after the record, BTC headed south and dipped beneath $26,000.Although the cryptocurrency bounced off that level and...

Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...

The fight between Ripple and the Securities and Exchange Commission (SEC) just got a lot dirtier. The government agency plans to sue the cryptocurrency company for selling unregistered securities.Ripple and the SEC Will Duke It OutRipple has been at the center of classification arguments since its inception. Is its issued cryptocurrency – known as XRP – a valid form of money? Or is it a security that must be regulated in a specific way? The debate goes back and forth. Either way, things are...

Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...

After another highly volatile weekend trading day consisting of a new all-time high above $28,000 and a massive rejection, including a drop below $26K, BTC has calmed and as of now trading safely around $27,000.Most altcoins have finally joined the party with some impressive double-digit gains, including Ethereum breaking north of $700, recording a current daily high at nearly $740, which is the highest of 2020.Bitcoin’s New ATH And Subsequent RejectionThe primary cryptocurrency continued...

Three years ago, Bitcoin prices were just cooling off from a surge to an all-time high of $20,000. The altcoins had yet to peak, but this would come in the first week of January.Fast forward three years and Bitcoin prices are just cooling off from a new all-time high of $28,400 on Sunday, December 27 according to Tradingview.com.Those that stood their ground and battled through the brutal two-year bear market will have done well. But many that FOMO’d into cryptocurrencies in 2017, possibly...

An unnamed individual in Rome, Italy has been accused of one of the largest cryptocurrency fraud schemes ever recorded in the space’s short, yet significant history. As it stands, police investigators are only claiming that the man allegedly responsible possesses the initials “F.F.” and that he is roughly 34 years of age. Not much else is known about him at press time.Italy Is at the Center of a Crypto Fraud InvestigationThe fraud is reported to have occurred last year in 2019. It happened...