Altcoins

Ethereum price traded towards the $470 level before correcting lower against the US Dollar.ETH price is currently trading well above $400 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $452 on the 4-hours chart (data feed from Coinbase).The pair could either restart its rally above the $455 level or it might revisit the $400 support zone.Ethereum price is trading in a positive zone above $420 against the US Dollar. ETH/USD could...

A very cool thing is happening as of late. While bitcoin makes another attempt at $20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are rubbing off on other coins, such as Ethereum, Litecoin, Chainlink and Ripple’s XRP, all of which are up significantly up at press time.When BTC Does Well, Assets Like Ethereum Do WellMany people tend to speculate on how well assets correlate with each other. The truth is that in the world of crypto, all smaller...

A Dutch drug dealer of Columbian descent is reportedly arrested in Spain. In an international operation, the trafficker was caught in his villa in Marbella, Malaga, while police found multiple luxurious items, cars, and cash. He was allegedly suspected of laundering about 6 million euros in cryptocurrency. Partnering With Top Interpol Fugitive As per an official announcement of the Spanish police, the Dutch national was well known to the law enforcement for quite a time. His...

Despite briefly tanking following the results of the US Presidential elections, Bitcoin has reclaimed the $15,000 mark and registered its third-highest weekly close. The altcoins have also recovered yesterday’s losses, and the market cap has jumped back to $440 billion. Bitcoin’s Third-Best Weekly Close Bitcoin peaked at a new yearly high on Friday as the uncertainty of the US elections grew. However, once the results came in, meaning that the 46th US President will be Joseph...

Law enforcement officials from both the United States and Brazil have seized more than $20 million in crypto funds from an online scam that is alleged to have defrauded thousands of investors. The joint project between both nations went under the name Operation Egypto, and a primary suspect is now in custody and awaiting further legal action.Brazil and the U.S. Recover More Than $20 MillionThe man allegedly in charge of the scam is known as Marcos Antonio Fagundes, who is now being charged...

Nachdem Obyte zuletzt viele technische Neuigkeiten bereithielt, geht die neueste Meldung vielmehr in eine künstlerische Richtung. Obyte hat einen Wettbewerb gestartet, bei dem Teilnehmer sogar ein paar Hundert US-Dollar mit nach Hause nehmen können. Wer Teilnehmen möchte, sollte jedoch nicht unbedingt technikaffin, sondern vor allem kreativ sein. Obyte News: Obyte Contest für Kreative KöpfeBis zu 10 GBYTE gibt es beim Contest zu gewinnen – und auch für Platz zwei und drei wurden Preise...

After increased volatility that took Bitcoin to $16,000 and $15,200, the cryptocurrency has calmed and trades around $15,500. The altcoins have surged in the past 24 hours as Ethereum is above $450, while Ripple is north of $0.26. Most impressively, Yearn Finance’s YFI token increased by around 100%. Bitcoin Calms After Record Days The primary cryptocurrency has been marching confidently in the past several days. This led to consecutive yearly records and its highest price...

Telegram is being made to pay more than $600,000 in legal fees to a company called Lantah over the use of the GRAM name that Telegram has given its recent cryptocurrency.Telegram Must Fork Over the DoughLantah was developed in the year 2017 by a man named Daniel Jeffery. Lantah is looking to create a “global, borderless marketplace” and assist those who cannot gain access to traditional banking services with cryptocurrency. As it turns out, both Lantah and Telegram have allegedly utilized the...

Bitcoin has been surging in the past few weeks to consecutive yearly highs. Speculations emerged within the community if or when BTC will even surpass its 2017 ATH of nearly $20,000. At the same time, though, most alternative coins seemed to be dragging behind their leader. Bitcoin’s dominance highlights this – a metric that surged by nearly 7% in less than a month. As such, it would be compelling to follow how altcoins have performed in relation to Bitcoin before, during,...

The cryptocurrency community is buzzing with reports and tweets about the prices. Bitcoin is frequently marking fresh yearly highs. Even the 2019 record of nearly $14,000 was taken down and seems far behind. Just yesterday, the primary cryptocurrency gained about $1,500 of value in 24 hours. As something similar occurred precisely three years ago, before the all-time high of $20,000, it got the community speculating and anticipating a new record. Although most alternative...