Altcoins

Stellar lumen price is gaining pace above the $0.0800 resistance level against the US Dollar.XLM price traded as high as $0.0837 and it is now well above the 55 simple moving average (4-hours).There is a declining channel or a bullish flag forming with resistance near $0.0812 on the 4-hours chart (data feed via Kraken).The pair could resume its upward move once it clears the $0.0812 and $0.0820 resistance levels.Stellar lumen price is showing bullish signs above $0.0780 against the US Dollar,...

Ripple price started a fresh decline after it faced as strong resistance near $0.2600 against the US dollar.The price is now trading well below the $0.2480 pivot level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.2500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower if there is a clear break below the $0.2380 support.Ripple price is trading is a negative zone below...

Will stable currencies ultimately take over bitcoin? According to a new report, the controversial stable coin known as Tether is slated to become the second-largest cryptocurrency by market cap as early as next year, and will only be smaller than bitcoin, but how long will that last?Is Tether About to Get Much Bigger?The world of stable coins has doubled in the past few months, and it looks like average traders and retailers alike are getting into the stable coin craze. Even Atari, a video...

Cryptocurrency trades have steered clear from Bitcoin trading during Q3 2020, said eToro’s quarterly report. In contrast, the multi-asset brokerage platform revealed that some larger-cap altcoins, such as TRON, EOS, BNB, and Tezos, had experienced double- and even triple-digit trading volume surges. Cryptocurrency Trading Changes On eToro In Q3 The popular platform published its latest quarterly report earlier this week, examining several crucial developments within the...

Facebook-backed Libra has issued another “major” announcement. It is bringing former HSBC executive Ian Jenkins on board to serve as the new chief financial officer of a division in the company designed to manage the Libra payment system.Libra Brings Ian Jenkins AboardJenkins initially served as a former business finance head and general group manager for HSBC. He also has experience working with other major financial institutions such as Santander and Credit Suisse.The big question following...

Following yesterday’s $350 price lost for Bitcoin, the asset has remained relatively calm around $11,350. Most larger-cap altcoins have also seized the free-falls with Ethereum trading near $370 and Ripple above $0.24. Bitcoin Sits Tight Around $11,350 News broke out yesterday that police officers had taken away the founder of the popular cryptocurrency exchange OKEx. Although the company reassured users that funds are safe on the platform, the negative news had an immediate...

Bitcoin cash price is trading nicely above the $235 and $245 resistance levels against the US Dollar.The price traded to a new monthly high at $266 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $246 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move as long as it is above the $245 support zone.Bitcoin cash price started a strong increase and it even broke...

A new report is out thanks to the work of both Tie and the cryptocurrency exchange e-Toro. According to the document, cryptocurrencies everywhere are continuing to mature at a rapid rate.e-Toro Lets Us in On New Data About CryptoThe latest material in the report contradicts several anti-crypto theories that they are either not real assets or are strictly driven by the fear of missing out (FOMO). In addition, cryptocurrencies are suggested to be completely unique and do not share market...

EOS started a downside correction after it failed to clear the $2.720 level against the US Dollar.The price is currently facing hurdles near $2.650 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $2.650 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could either restart its upward move above $2.650 or decline further towards the $2.500 support.EOS price is struggling to gain pace above $2.700 against the...

Apart from a brief spike to above $11,500, Bitcoin has remained relatively calm around $11,400 in the past 24 hours. Most alternative coins have marked minor losses, with Ethereum dipping below $380 and Ripple beneath $0.25. Bitcoin Stays Around $11,400 As reported yesterday, Bitcoin traded around $11,400, despite US President Donald Trump’s call for additional economic stimulus. In the past 24 hours, BTC initiated a leg up towards its daily high of $11,550 (on Binance)....