Altcoins

Cryptocurrency exchange Bittrex has refused to return the 23 million Steem coins it received during the fantastical Steem hard fork saga.During May 20’s Hardfork 0.23, the accounts of 64 Steem stakeholders were to be “seized,” as was revealed by an examination of the code. However, at the last minute, someone from inside Steem managed to redirect the $5 million bounty to Bittrex.This gave victims of the seizure some hope, particularly because the funds were sent without a memo-key – meaning...

Bitcoin cash price started another decline after it failed near the $255 resistance against the US Dollar.The price declined below the key $240 and $230 support levels.There is a major bearish trend line forming with resistance near $235 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct higher a few points, but it is likely to face hurdles near $235 and $240.Bitcoin cash price is back in a bearish zone below $240 against the US Dollar. BCH/USD must stay...

EOS price failed to stay above the $2.700 resistance and declined recently against the US Dollar.The price is now trading below the $2.650 pivot level with a bearish angle.There was a break below a key ascending channel with support near $2.640 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses towards the $2.400 and $2.300 support levels.EOS price is currently facing an increase in selling pressure against the US Dollar, similar to...

Litecoin price failed to clear the $47.50 level and declined recently against the US Dollar.LTC price is now trading below the $45.00 level, with a bearish angle.There is a key bearish trend line forming with resistance near $46.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it remains at a risk of more losses below $44.00 and $42.00.Litecoin price is showing signs of another bearish wave against the US Dollar and bitcoin. LTC price...

Crime and dark web activity have always been big in the crypto space, but as of late, it looks like the numbers in the space have grown exponentially over the past three years.The Dark Web Is Expanding HeavilyAccording to a new report issued by Bitfury – a bitcoin technology firm – dark web activity in the crypto arena has surged by more than 300 percent over the past three years. Furthermore, the number surged by more than 60 percent in just 2020 alone. The report suggests that dark net...

ADA price is trading in a bullish zone above the $0.0530 support against the US Dollar.The price traded as high as $0.0571 and it is currently sighting more gains.There is a major bullish trend line forming with support near $0.0550 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to find support near $0.0550 and rise again.Cardano price is gaining bullish momentum above $0.0550 against the US Dollar, similar to bitcoin. ADA price remains positive...

Twitter saw the return of Vitalik Buterin vs. Justin Sun on May 19. The respective founders of Ethereum and TRON exchanged barbs over the matter of an imminent Steem hard fork, which will seize the funds of some of its users.If Steem Hardfork 0.23 goes ahead on May 20, over 23.6 million STEEM coins will be taken from multiple users: that’s roughly a bounty worth over $5 million.Buterin vs. Sun: Round 1Ethereum founder Vitalik Buterin appeared on a Twitter thread concerning the alarming...

Is cryptocurrency becoming far more mainstream and legitimate than we all realize? According to a new report, it just might be.Cryptocurrency Is Growing, According to Hedge Fund ManagersCryptocurrency is small when compared to the world of fiat, but it sure doesn’t have to stay that way, and according to a new report, more investors are flocking to crypto than ever before. In fact, hedge fund asset managers claim that in 2019, more people invested in digital currencies than ever before. At...

Pavel Durov – co-founder of encrypted messaging service Telegram – isn’t taking his latest defeat sitting down. The Securities and Exchange Commission (SEC) has recently brought the company’s TON blockchain program to a crashing halt, and Durov is frustrated about the situation.What Does the Defeat of Telegram Mean for the Future?In a recent interview, Durov explained that the news is bad for other countries in that while they can elect their officials, they are still very dependent on the...

Japanese ATMs are about to start offering Ripple (XRP) – the third largest cryptocurrency by market cap – to customers through help from SBI Holdings.Ripple Gets a Big Boost in JapanThe company is a partner and investor in Ripple. Executives recently issued a statement saying that they will initiate Money Tap – Ripple’s settlement solution – through ATM machines operated by central banks in Japan. This, they say, will give customers more opportunities to spend and utilize cryptocurrency no...