Altcoins

Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices nose-dived as a result of the global coronavirus outbreak.Ripple’s XRP market price dipped down nearly 10% over the weekend after Bitcoin and Oil prices led in the fall. XRP ranked third based on market capitalization, fell sharply on Sunday 8th to trade around $0.21 per coin. Bitcoin fell sharply to trade below $8,000 price level after hitting $9,190 on Saturday evening.The crypto market was not...

Stellar lumen price is down more than 8% and it broke the key $0.0550 support against the US Dollar.XLM price is currently consolidating losses near the $0.0500 level.There is a key bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is likely to extend losses if there is a clear break below the $0.0500 support area.Stellar lumen price is plunging and it broke many key supports against the US Dollar and bitcoin. XLM price could either...

Today more and more blockchain and crypto-related projects are entering the financial market offering competitive advanced services.Innovations around blockchain and crypto tech have been on the rise since Bitcoin’s first transaction a decade ago. Despite the regulatory hurdles, this industry emerged as a force to reckon with especially after Facebook’s digital currency proposal Libra.More so, a number of blockchain and crypto oriented projects are popping up in relation to the financial...

Bitcoin and other cryptos’ prices dropped soon after a plunge in oil prices. Besides, Bitcoin lost its positions as a result of a crypto scam committed by PlusToken.Today, the beginning of the trading session has become the worst this year. After a massive sell-off on Sunday, markets have not managed to recover. As a result, cryptocurrencies have suffered significant drops. Bitcoin price declined by 9.32% in 24 hours, Ethereum lost 10.48%, Litecoin dropped by 14.41%, XRP is 9.95% down. This...

Ripple price declined heavily below the key $0.2240 support area against the US dollar.The price is down more than 10% and it is now trading near the $0.2000 support area.There was a break below a major ascending channel with support near $0.2350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains at a risk of more losses if it fails to stay above the $0.2000 support area.Ripple price is now back in a bearish zone below $0.2200 against the US Dollar. XRP price...

Finland-based cryptocurrency exchange Local Bitcoins has hit a heavy snag.Local Bitcoin Is Reporting Seriously Low TradingAs we all know, bitcoin – the world’s number one cryptocurrency by market cap – has suddenly decided to shoot up following news that India was removing its crypto ban and that South Korea was implementing new legislation that could potentially bring bitcoin and its altcoin cousins to the mainstream.However, Local Bitcoins doesn’t appear to be benefiting from this news. In...

Almost half of today’s active traders made their first-ever cryptocurrency trade back in 2017, according to a recent poll by Binance. At the same time, the number of pre-2017 traders is less than 30%.When Crypto Traders Entered The MarketThe world’s leading cryptocurrency exchange by volume, Binance, recently initiated a compelling survey. The question was, “when did you make your first-ever crypto trade?.”The results may not be all that surprising. Over a quarter of the 11,397 voters...

Ripple’s partner Moneygram will work with Google Cloud and Amazon Web Services to enhance its opportunities and increase customer satisfaction.MoneyGram is working with new partners. These partners are Google and Amazon. They will reportedly use their services to make MoneyGram’s services better. Amazon’s cloud services (AWS) will make transactions faster. Google Cloud will help study customer behavior. The cost of transferring money is now cheaper due to the increase in digital services....

INX IPO will launch soon in New York, security exchange from Gibraltar is planning to change the industry with fully regulated trades. The exchange will feature extended compliance and two separate trading layers – for crypto and for classic securities.This could be one of the biggest business deals in the history of cryptocurrency. INX Ltd., entering a 130 million IPO stage, wants to establish in New York to avoid problems with almighty regulators. Smart move, considering that people like...

The partnership between Ripple and Bitso is proving fruitful as millions of Latin Americans can use the service to send cross-border payments and enjoy cheap, fast and efficient transactions.Through a post on the official website, Ripple detailed the benefits and growth of the partnership with Bitso, the largest exchange in Latin America. Thanks to Ripple, since 2018, Bitso has grown to be recognized as the largest money exchange in Latin America.Bitso Head of Finance Barbara Gonzalez Briseno...