Altcoins

The decentralized finance (De Fi) arena is growing rapidly despite the recent falls of cryptocurrencies.De Fi: The Future of Money?As digital currency assets are dropping in price thanks to the coronavirus pandemic, the industry of decentralized finance is experiencing positive results. The arena centers on users providing and receiving digital currency payments to garner goods and services without the necessity of third parties or regulatory steps.Bobby Ong – the co-founder of Coin Gecko, a...

ADA price declined sharply after it failed to surpass the $0.0375 resistance against the US Dollar.It traded as low as $0.0319 and it is currently correcting higher.There is a major bearish trend line with resistance near $0.0342 on the 4-hours chart (data feed via Kraken).The price is likely to restart its downtrend if there is no break above $0.0350.Cardano price is showing a few recovery signs against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0350 resistance to start...

While Chainlink holds support at $3.3, a break down could lead to a massive drop in price.Against Bitcoin, Link is beginning to flag a bearish trend after dropping off a 4-day wedge.LINK/USD: Chainlink Holding Support At $3.3Key Resistance Levels: $3.48, $3.6.2, $3.8Key Support Levels: $3.3, $3, $2.8LINK/USD. Source: TradingViewThe price of Chainlink saw a massive 60% increase over the past two weeks of trading, making it the top gainer amongst the major altcoins so far this month. This...

The crypto market has been up and down since the weekend, with assets like bitcoin losing more than $500 from its price on April 10.Bitcoin Is Tumbling Down the StairsLast week marked a solid end to what appeared to be a longstanding bearish cycle that was repeatedly striking the world’s primary cryptocurrency by market cap. The currency had initially struggled – and struggled hard – to relieve itself of the measly and miniscule $6,000 range it had been stuck in for several weeks. Finally,...

Der XRP hält sich weiter auf Platz 3 der wertvollsten Cryptocoins des Marktes. Doch insgesamt hat er bereits 90% seines Höchstwerts eingebüßt. Und wenn wir Analysten glauben schenken können, folgt in den kommenden Tagen ein weiterer Crash für den Altcoin.Crypto News: XRP vor deutlichem KurseinbruchLaut einem technischen Analysten steht der Kurs kurz vor einer „Double Rejection“. Auf dem aktuellen Kursniveau gibt es so gut wie keinen Support, so dass die leichten Kursgewinne seit dem...

The G20’s Financial Stability Board (FSB) has issued ten recommendations for a common regulation on stablecoins. Their growing usage and volume may undermine financial stability if world governments don’t set up the necessary legislation.FSB’s Recommendations For Stablecoin RegulationReuters reported earlier today the FSB’s intentions to “proportionately” regulate stablecoins. The agency has developed a paper, which it will deliver to G20 finance ministers and central bank governors during a...

The Federal Bureau of Investigation (FBI) has issued an official warning regarding the increasing number of COVID-19 scams involving cryptocurrencies. The agency outlined various fraudulent activities, including blackmail attempts, work from home fake ads, and investment scams.FBI: Beware Crypto And COVID-19 ScamsThe sudden COVID-19 outbreak caused numerous disruptions in regular day-to-day life. Millions of confirmed cases worldwide, entire nations under lockdown led to people losing jobs...

Tron price topped near the $0.0140 level and declined sharply towards $0.0120 against the US Dollar.TRX price is currently correcting higher from $0.0120, but it is facing many hurdles.There is a key bearish trend line forming with resistance near $0.0130 on the 4-hours chart (data feed via Bitfinex).The price could either surge above the $0.0130 resistance or it might continue below $0.0120.TRON price is showing a few bearish signs below the $0.0130 resistance against the US Dollar, similar...

Ethereum price is currently recovering from the $150 support area against the US Dollar.ETH price is likely to fail near the $160 and $164 resistance levels in the near term.There is a crucial contracting triangle forming with resistance near $165 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but it is likely to struggle near the $164-$165 resistance area.Ethereum price is showing a few bearish signs below the $165 pivot level against the US Dollar....

Binance Coin surged 5% to reach a current daily high of $15.1 but facing strong resistance around that area.Against Bitcoin, BNB reached 0.0022 BTC after breaking a four-week high todayThe price action is looking bullish on the 4-hours chart, but BNB remained neutral since the wedge breakout against the US DollarBNB/USD: BNB Remains IndecisiveKey Resistance Levels: $15.1, $15.5, $16Key Support Levels: $13.47, $12, $11.2BNB/USD. Source: TradingViewFollowing the latest drop in Bitcoin’s price,...