Altcoins

The Chinese digital yuan is now a thing of reality. Following what has been a lengthy period of testing, the People’s Bank of China has launched approximately $1.5 million worth of the virtual currency.The Digital Yuan Is Being Released on 50,000 PeoplePrior, the digital yuan was being tested through American businesses such as Subway, but now, it looks like the currency has entered a whole new phase of its development process. The currency’s pilot program saw the Shenzhen Municipal...

Gestern wurde das Zinken-Testnet für den ETH 2.0 gestartet – endlich gute Nachrichten für Ethereum Investoren. Der Starttest verlief erfolgreich und ließ Entwickler von einer „perfekten Leistung“ sprechen. Der Kurs reagierte und legte im kleinen Bullenmarkt weiter zu.Ethereum News: Ethereum 2.0 mit positiven Nachrichten und einem steigenden KursNachdem zuletzt die Spadina-Testnet-Studie nicht erfolgreich war, ist diese Meldung beruhigend für diejenigen, die ihre Hoffnungen (und ihr Geld) in...

ADA price is gaining pace above the $0.1000 and $0.1100 resistance levels against the US Dollar.The price is trading nicely above the 55 simple moving average (4-hours) and $0.1100.There was a break above a short-term declining channel with resistance near $0.1080 on the 4-hours chart (data feed via Kraken).The price is likely to further rally and accelerate higher if it clears the key $0.1150 resistance.Cardano price is showing positive signs above the $0.1100 level against the US Dollar,...

Ethereum price extended its rally above the $375 resistance zone against the US Dollar.ETH price is currently trading well above $370 and the 55 simple moving average (4-hours).There was a break above a key bullish flag pattern with resistance near $375 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating gains, but dips are likely to find support near $365.Ethereum price is showing positive signs above $365 and $375 against the US Dollar. It seems like ETH/USD...

Stellar lumen price seems to be gaining pace above $0.0750 against the US Dollar.XLM price is currently trading well above $0.0765 and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.0738 on the 4-hours chart (data feed via Kraken).The pair could accelerate higher once it clears the $0.0785 and $0.0800 resistance levels.Stellar lumen price is showing bullish signs above $0.0750 against the US Dollar, similar to bitcoin. XLM...

Ripple price is gaining pace above the $0.2480 and $0.2500 resistance levels against the US dollar.There is a key bullish trend line forming with support near $0.2480 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to climb further above $0.2600 as long as it is above $0.2455.Ripple price is trading is a positive zone above $0.2500 against the US Dollar. XRP price is likely to continue higher if it clears the $0.2600 resistance zone.Ripple Price...

Following yesterday’s surge to about $11,500, Bitcoin has retraced slightly and trades at about $11,350. Most altcoins have also calmed after charting two consecutive days of gains.Bitcoin Steady Above $11KAs reported yesterday, the primary cryptocurrency initiated an impressive leg up. Bitcoin went from about $10,900 to its new monthly high of nearly $11,500 with just a few hourly candles.After registering such notable gains in a relatively short period, BTC has retraced slightly and calmed....

A recent report exploring the Q3 2020 developments in the decentralized finance ecosystem confirmed the narrative that it was the best quadrant for the entire field.Additionally, it highlighted Ethereum’s massive role as the underlying technology but also broached several potential competitors, including TRON and EOS.Confirmed: DeFi Exploded In Q3 2020The analytics company Dapp Radar posted its quarterly report on the DeFi progress this week. It described Q3 2020 as the “best quarter for the...

After trading below $11,000 for weeks, Bitcoin finally broke above that psychological level with a 5% increase in the past 24 hours. The altcoins have come along for the ride, and the market cap has jumped by nearly $20 billion since yesterday.Bitcoin Breaks Above $11,000Bitcoin was steadily increasing in the past few days and neared the coveted $11,000 yesterday. Unlike the previous attempts to conquer that level, though, BTC smashed above it rather decisively this time.The primary...

Apart from BNB, Changpeng Zhao, the founder and CEO of cryptocurrency exchange heavyweight Binance has another reason to smile.Yesterday the Binance Smart Chain (BSC) handled 21 percent of Ethereum transactions, at 0.6 percent of the gas fees charged for transfers on the latter. This makes BSC about 35 times cheaper, he said. Also, CZ added that if BSC handles more volumes, it will bode well for BNB price and node operators.Binance Smart Chain Handles 21 Percent of Ethereum...