Tron price started a major bearish wave after it failed to clear the $0.0166 resistance against the US Dollar.TRX price tested the $0.0135 support zone and it is currently correcting losses.There was a break below a crucial bullish trend line with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could correct higher, but it is likely to face sellers near $0.0150 and $0.0152.TRON price declined heavily in the past few days against the US Dollar, similar to bitcoin....
Read More »Ethereum Price Analysis: ETH Could Nosedive Below $175-$180
Ethereum price started a major decline after it failed to clear the $220 resistance against the US Dollar.ETH price declined sharply below the $200 and $198 support levels.There was a break below a key contracting triangle with support near $200 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating losses and likely to face resistance near $192 and $198.Ethereum price is back in a bearish zone below $200 against the US Dollar. ETH/USD is likely to continue lower...
Read More »Open Node Allows Employers to Pay Workers in BTC
Bitcoin service provider Open Node in Los Angeles is unveiling a new feature that will allow employers to pay their workers in bitcoin.Open Node Allows Employee BTC PaymentsThe fact that there would even be demand for such a service suggests that perhaps bitcoin is indeed drawing closer to mainstream territory. Traditionally, paychecks are provided in fiat currency, whether it be USD, yen, or euro payments, but to give people what they’ve earned from their jobs in crypto is bound to make...
Read More »Chainlink Price Analysis: LINK Consolidates Around $3,70 But Bulls May Be Plotting a Big Move
Link looks indecisive after witnessing a 1.92% loss over the past few hours.The price is trapped in a channel as the bullish trend remain valid across trading pairs.Chainlink continues to hold key demand level at $3.47 after a series of rejections.LINK/USD: Chainlink Is Trapped In a Tight RangeKey Resistance Levels: $4, $4.26, $4.5Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewWhile most top altcoins dropped below their immediate supports following the recent fall in...
Read More »North Korea’s Lazarus Group Reportedly Increasing Cryptocurrency Cybercrime Amid COVID-19 Outbreak
According to recent reports, the infamous hacking organization, Lazarus Group, is stepping up its efforts to steal cryptocurrencies.The group with alleged involvement with the North Korean government is using the current global economic difficulties prompted by the COVID-19 pandemic to increase its profits from cybercrime activities.Lazarus Targets Your CryptoThe notorious hacking group has been primarily focused on cyber heists involving digital assets, according to a recent report. More...
Read More »Stellar Lumen (XLM) Price Turns Bearish Below $0.07 But $0.06 Holds Key
Stellar lumen price failed to gain momentum above $0.0750 and declined sharply against the US Dollar.XLM price tested the $0.0600 support zone and it is currently consolidating losses.There was a break below a crucial bullish trend line with support at $0.0710 on the 4-hours chart (data feed via Kraken).The pair could correct above $0.0650, but the bears are likely to protect $0.0700 and $0.0710.Stellar lumen price is currently trading above key supports against the US Dollar, similar to...
Read More »Ripple Price Analysis: Risk of More Downsides To $0.175
Ripple price started a major decline from well above the $0.2300 level against the US dollar.The price is now trading in a bearish zone below the $0.2000 pivot level.There was a break below a crucial bullish trend line with support near $0.2165 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could correct a few points, but the bears are likely to protect $0.2085 or $0.2110.Ripple price is currently recovering from the $0.1880 swing low against the US Dollar. XRP...
Read More »Halving Nightmares: Bitcoin Price Tumbles Below $8000 Just Two Days Before The 2020 Halving Event
Bitcoin crashed 10% in 30 minutes, and almost 20% over the past hours, plunging below $8000 on some exchanges. Just two days before the anticipated Bitcoin halving event and no more than 48 hours after touching the $10K mark, a classic “sell the news” dump had initiated.As of writing these lines, the price of Bitcoin corrected a bit and currently trading around $8500, which is a 12% drop over the past 24 hours. While Bitcoin’s current daily low on Bitstamp was $8117, Binance Futures platform...
Read More »Opportunity For Crypto? Major Credit Card Companies Asked To Terminate Services To Pornographic Websites
According to a recent report, a group of international campaigners and campaign groups claiming to work to tackle sexual exploitation have contacted numerous credit card companies to block payments to adult websites.If successful, this could raise the case for cryptocurrencies to replace credit and debit cards, and to serve as payment options.Credit Card Companies To Block Porn Sites?Per the BBC report from yesterday, more than ten campaigners and campaign groups have signed and sent a letter...
Read More »Loom Network streicht die Segel
Das Loom Network hat seinen Tiefpunkt erreicht. Das Projekt war Ethereum-Centric und damit eines, welches auf Altcoins setzte. Zum Start 2018 erlebte Loom Network einen großen Hype, der die Marktkapitalisierung auf ungefähr 400 Millionen US-Dollar stiegen lies. Nun ist alles vorbei!Crypto News: Loom Network streicht die SegelOffiziell wird Loom Network noch mit einer Marktkapitalisierung von 16 Millionen US-Dollar geführt – also mit einem Drop von mehr als 95% gegenüber dem Höchststand. Doch...
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Altcoins
