Upon printing billions of fresh USDT in the past few months, the most widely adopted stablecoin has become the third-largest cryptocurrency by market cap. Tether has now surpassed Ripple (XRP) with its nearly $9 billion market capitalization.In the meantime, Ripple, which was among the top three cryptocurrencies for the past years, had seen its market cap continuously dropping. Earlier this month, Ripple recorded its lowest 2-year price against Bitcoin.Tether Surpassing Ripple By Market Cap....
Read More »Tron’s Justin Sun Accused of Criminal Conspiracy and Theft by Lawyer
A lawyer has laid out his case for why Tron’s Justin Sun is guilty of theft and criminal conspiracy following the controversial actions of Steem Hardfork 0.23.Lawyer: Steem Hardfork Was TheftAustralian lawyer Andrew Hamilton offered his pro bono legal opinion of the situation regarding the Steem hard fork. Hamilton, the current CEO of JPB Liberty, claims Justin Sun’s actions during the hard fork make him guilty of both theft and criminal conspiracy.The hard fork was implemented to seize over...
Read More »Ethereum Upgrade lässt Markt bisher kalt
Als Ethereum 2.0 wird das Upgrade des ETH bezeichnet. Dieses Upgrade wird von ETH-Erfinder Buterin und seinen Anhängern als Meilenstein präsentiert. Doch bisher reagierte der Markt nur verhalten auf die Ethereum-Revolution. Einige Analysten sehen mit dem Upgrade sogar das Potential des ETH als reduziert an.Ethereum News: Ethereum Upgrade lässt Markt bisher kaltUnsicherheit habe das Upgrade im Basissupport des ETH ausgelöst. Und so bröckelt die Basis offenbar stark. Viele technische Fragen...
Read More »Steem Plot Twist: Bittrex Refuses to Return $5M ‘Rescued’ Hardfork Coins
Cryptocurrency exchange Bittrex has refused to return the 23 million Steem coins it received during the fantastical Steem hard fork saga.During May 20’s Hardfork 0.23, the accounts of 64 Steem stakeholders were to be “seized,” as was revealed by an examination of the code. However, at the last minute, someone from inside Steem managed to redirect the $5 million bounty to Bittrex.This gave victims of the seizure some hope, particularly because the funds were sent without a memo-key – meaning...
Read More »Bitcoin Cash Analysis: Support Turned Resistance At $235
Bitcoin cash price started another decline after it failed near the $255 resistance against the US Dollar.The price declined below the key $240 and $230 support levels.There is a major bearish trend line forming with resistance near $235 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could correct higher a few points, but it is likely to face hurdles near $235 and $240.Bitcoin cash price is back in a bearish zone below $240 against the US Dollar. BCH/USD must stay...
Read More »EOS Price Analysis: Bearish Continuation Towards $2.30 Likely
EOS price failed to stay above the $2.700 resistance and declined recently against the US Dollar.The price is now trading below the $2.650 pivot level with a bearish angle.There was a break below a key ascending channel with support near $2.640 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair remains at a risk of more losses towards the $2.400 and $2.300 support levels.EOS price is currently facing an increase in selling pressure against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Signs of Fresh Decrease To $40
Litecoin price failed to clear the $47.50 level and declined recently against the US Dollar.LTC price is now trading below the $45.00 level, with a bearish angle.There is a key bearish trend line forming with resistance near $46.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct higher, but it remains at a risk of more losses below $44.00 and $42.00.Litecoin price is showing signs of another bearish wave against the US Dollar and bitcoin. LTC price...
Read More »Dark Web Crypto Use Has Grown Exponentially
Crime and dark web activity have always been big in the crypto space, but as of late, it looks like the numbers in the space have grown exponentially over the past three years.The Dark Web Is Expanding HeavilyAccording to a new report issued by Bitfury – a bitcoin technology firm – dark web activity in the crypto arena has surged by more than 300 percent over the past three years. Furthermore, the number surged by more than 60 percent in just 2020 alone. The report suggests that dark net...
Read More »Cardano (ADA) Price Analysis: Bulls Eyeing More Upsides Above $0.06
ADA price is trading in a bullish zone above the $0.0530 support against the US Dollar.The price traded as high as $0.0571 and it is currently sighting more gains.There is a major bullish trend line forming with support near $0.0550 on the 4-hours chart (data feed via Kraken).The price could dip a few points, but it is likely to find support near $0.0550 and rise again.Cardano price is gaining bullish momentum above $0.0550 against the US Dollar, similar to bitcoin. ADA price remains positive...
Read More »Vitalik v Justin Sun: Ethereum Co-Founder Slams $5 Million STEEM Seizure
Twitter saw the return of Vitalik Buterin vs. Justin Sun on May 19. The respective founders of Ethereum and TRON exchanged barbs over the matter of an imminent Steem hard fork, which will seize the funds of some of its users.If Steem Hardfork 0.23 goes ahead on May 20, over 23.6 million STEEM coins will be taken from multiple users: that’s roughly a bounty worth over $5 million.Buterin vs. Sun: Round 1Ethereum founder Vitalik Buterin appeared on a Twitter thread concerning the alarming...
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