Altcoins

Recent data revealed that the number of Tether (USDT) transfers to cryptocurrency exchanges had reached an all-time high. Interestingly, this preceded the latest price increases within the cryptocurrency market.USDT Goes To ExchangesAccording to the data provided from the monitoring resource company, GlassNode, the number of Tether transfers to exchanges has been surging in the past few weeks. The deposits, measured by a 7-day simple moving average (SMA), recently reached a fresh ATH.Number...

The United States government has recently added a top Venezuelan official to its list of most-wanted fugitives while offering millions of dollars as rewards to anyone who can provide useful information that would lead to his arrest. A Monday statement revealed that the U.S. Immigration and Customs Enforcement’s (ICE), a unit of the Homeland Security Investigations (HSI) New York is looking for Joselit Ramírez, the head of Venezuela’s national cryptocurrency Petro. A $5 Million RewardRamírez,...

Bitcoin surged above $10,000 for the first time since February, and it took the entire market with it. Altcoins are all flashing in green, as the total capitalization increased by more than $13 billion overnight.Now, a popular cryptocurrency trader pointed out that the chart of the total market cap went through the same pattern it did back in 2017, months before altcoins shot off through the roof.Altcoin Season 2020 Incoming?Bitcoin is up 6% in the past 24 hours as it trades at around $10,100...

Tron price is trading in a positive zone above the $0.0160 resistance zone against the US Dollar.TRX price is facing a short term hurdle near the $0.0172 level.There was a break above a crucial contracting triangle with resistance near $0.0152 on the 4-hours chart (data feed via Bitfinex).The price might accelerate higher towards $0.0185 and $0.0200 if it breaks the $0.0200 barrier.TRON price is gaining bullish momentum against the US Dollar, similar to bitcoin. TRX price is likely to surpass...

Ethereum price is up more than 10% and it is trading above $240 against the US Dollar.ETH price is showing a lot of positive signs, but it is facing hurdles near $250.There was a break above a crucial contracting triangle with resistance near $210 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $280 if it clears the $250 resistance zone.Ethereum price is trading in a bullish zone above $225 against the US Dollar. ETH/USD seems to be eyeing more...

Facebook’s Calibra wallet is being renamed the “Novi” wallet.Calibra No More; Novi Has ArrivedThe Calibra wallet is part of the company’s ongoing Libra cryptocurrency, and will allegedly be utilized for spending and holding digital currencies. While Libra itself is a cryptocurrency that can be used to make purchases or gain access to services through Facebook, Calibra is the wallet that will be used to store Libra and whatever other forms of crypto the user may have, only this time, the...

Stellar lumen price is trading in a positive zone above the $0.0700 pivot level against the US Dollar.XLM price is likely to accelerate higher if it clears the $0.0750 and $0.0760 resistance levels.There is a major bullish trend line forming with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could rise steadily as long as it is above the $0.0680 pivot zone.Stellar lumen price is gaining bullish momentum above key hurdles against the US Dollar, similar to bitcoin. XLM...

Ripple price started a decent increase and moved above the $0.2000 resistance against the US dollar.The price is now trading above the $0.2025 level and it is facing hurdles near $0.2065 and $0.2130.There is a major bullish trend line forming with support near $0.2015 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 $0.2100 resistance zone in the near term.Ripple price is trading in a positive zone above $0.2000...

The process of crypto lending has gotten to be quite big. In fact, since the process was first introduced, as much as $8 billion in crypto funds have been borrowed by customers.Crypto Lending Has Gotten Big Over the YearsCrypto lending can be very tricky in that the currencies backing the loans are often vulnerable to volatility and price swings. That’s why companies like Celsius Network – which specialize in building crypto loans for users – never do anything unless the loan is based on a...

The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.”ETH’s Role On Ethereum Blockchain DecreasesPer the research provided by Messari’s Ryan Watkins, ERC-20 tokens are rapidly approaching 50% of the total value stored on the Ethereum network.ERC20 Tokens On Ethereum Blockchain....