Altcoins

Ethereum price is rising and it is trading well above the $430 level against the US Dollar.ETH price is likely to accelerate higher above the $448 and $450 levels.There was a break above a major bearish trend line with resistance near $394 on the 4-hours chart (data feed from Coinbase).The pair is currently trading with a positive angle above $440 and the 55 simple moving average (4-hours).Ethereum price is gaining bullish momentum above $440 against the US Dollar. It seems like ETH/USD is...

Grayscale is taking the trading world by storm. It is currently responsible for more than $5 billion in digital assets, which is about 40 percent higher than the figure it oversaw in early summer at the conclusion of its second quarter.Grayscale Premiums for Two New Trusts Are HugeRecently, the company released two new crypto trusts, one for Litecoin and the other devoted to bitcoin cash. While this would be fantastic news in most circles, there are some analysts that question how the trusts...

TRON dApp developers have just acquired new capabilities after TRON announced a partnership with Band Protocol.The deal means that third-party devs will be able to utilize Band’s oracle solution to obtain tamper-proof price feeds and other external data sources. Reliable oracles are regarded as one of the most critical capabilities for a blockchain to acquire, significantly extending the utility of the sort of applications that can be built.The partnership arrives at a good time for both...

YFI has undoubtedly been the best performing cryptocurrency of the past month in terms of pricing.The governance token of Yearn Finance was announced on July 17th by Andre Cronje and has since taken off in a way no one probably expected.What started as a “0 value” token is currently trading at around $36,000 and has become the first altcoin since 2016 to flip Bitcoin’s dollar value. Now, the world’s leading cryptocurrency exchange, Binance, has launched YFI futures contracts, allowing traders...

Stellar lumen price found support near the $0.0902 level after a steady decline against the US Dollar.XLM price is slowly rising above $0.0950, but it facing hurdles near the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.0988 and $0.1000 resistance levels.Stellar lumen price is showing a few positive signs against the US...

Ripple price started a decent recovery wave from the $0.2545 swing low against the US dollar.The price is currently trading above the $0.2700 and $0.2750 resistance levels.There was a break above a key bearish trend line with resistance near $0.2705 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to accelerate higher if it clears the $0.2920 and $0.3000 resistance levels.Ripple price is slowly moving higher above $0.2800 against the US Dollar. XRP price...

The use of cryptocurrencies in Venezuela has thrived over the years, and although they may not be the revolution that many expected, they have managed to fit into the financial thinking of the people there more strongly than in other countries.The status of crypto and blockchain technology in the country has evolved significantly. A recent report by the blockchain forensics firm Chainalysis concluded that the South American country’s financial crisis catalyzed a greater interest and openness...

Yearn Finance is undoubtedly all the rage in the cryptocurrency field right now. Up just shy of 80% in the past 24 hours, it peaked at almost $39,000 on Binance.Now, industry proponents such as the CEO of one of the world’s largest Bitcoin margin trading exchanges are making bold predictions about its price.Arthur Hayes: YFI to $100,000YFI is the governance token of the yield aggregating platform Yearn Finance. Launched in late July, the protocol attracted countless investors looking for...

The last couple of weeks have been nothing short of intense on the cryptocurrency market. For the first time since 2016, an altcoin flipped Bitcoin’s price as YFI traded above 1 BTC.Polkadot (DOT) is currently all the rage as all eyes are turned on the project and its native cryptocurrency. Data from CoinGecko suggests that it’s the most trending coin over the past seven days, followed closely by several DeFi coins such as Mantra DAO, YF Value, and YF Link.Polkadot (DOT) Dominates Recent...

Despite Bitcoin’s tumultuous performance following an announcement of the US Federal Reserve regarding its new approach to average inflation targeting, the cryptocurrency has managed to stabilize around $11,400 where it’s currently trading at.Elsewhere, Chainlink and Polkadot are both in red but LINK has returned to the top 5 coins by market cap.Bitcoin Spikes And DropsAs CryptoPotato reported yesterday, the US Federal Reserve announced new plans to target inflation averaging 2% over time....