Altcoins

BitcoinBitcoin saw a small 4.7% price increase over the past 7-days as the cryptocurrency finally managed to break above resistance at $9,815 to climb above $10,000. It has met slight resistance at around $10,430 and will need to break here to continue higher.If the bulls penetrate $10,430, higher resistance lies at $10,500 $10,707 (1.414 Fib Extension), $10,810, and $11,000. On the other hand, if the sellers push lower, support is found at $10,000 and $9,815. Beneath this, additional support...

The world’s largest decentralized and blockchain-based social media, as well as a blogging platform, Steemit, announced a strategic partnership with the TRON foundation.Steemit Joining TRON EcosystemThe largest decentralized blockchain-based social media and popular blogging platform, Steemit, announced in a shared press release with Cryptopotato, a strategic partnership with the TRON foundation.The development teams of both companies will begin working together immediately to bring Steem...

Binance is extending partnership with Simplex to provide more fiat payment gateways and eliminate traction. The exchange seems to be aiming at global fiat to crypto payments dominance.Binance is adding more and more fiat currencies on its way to global dominance. It’s one of the major exchanges for cryptocurrency novices and pros,Israeli cryptocurrency payments startup Simpex will help the Binance exchange with the handling of fiat payments. Binance announced on Friday that users now can buy...

Cryptocurrencies have one characteristic feature or a flaw, whatever you choose to call it, and that’s its volatility. The price of bitcoin and a lot of other altcoins have seen a lot of ups and downs since their inception and continues to do even today.The increased volatility of crypto assets is one of the reasons for lagging adoption rate among businesses and individuals looking for alternative payment modes. However, the same has played an important role in creating a strong, ever-growing...

The U.S. policymakers believe that a digital dollar could have to preserve the primacy of their currency worldwide.The U.S. policymakers have recently been pushing the country to adopt a digital currency that is backed by the dollar. Led by the treasury secretary, Steven Mnuchin and Arkansas Republic Senator, Tom Cotton, they have been very vocal at the U.S. senate-house regarding the digital currency matter.Another important figure pushing for the same is the nominee for the Federal Reserve...

BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...

Ripple’s XRP prices experience a crash on the BitMEX derivatives exchange and but quickly recovered. BitMEX CEO Arthur Hayes has been in the recent times quoted disapproving XRP openly in the social media.Ripple’s XRP derivative, XRP /USD, experienced a quick market crash on February 13, at 14:00 UTC on the BitMEX crypto exchange. The XRP price dipped from $0.33 to $0.13 in few seconds where it immediately recovered leaving a long wick on the candlestick. As a result, the crash stop hunted...

Daily trading volumes for Ethereum reached the high of $26 billion with three exchanges – BitMEX, Huobi & OKEx – alone reporting over $1 billion trade in ETH tokens. Ethereum price is moving up.While the market has been focusing on Bitcoin‘s move above $10,000, the world’s second-largest cryptocurrency Ethereum is leading the altcoin show. On Thursday, February 13, the ETH price jumped over 20% to hit $270. This was the biggest single-day gain for Ethereum, so far in 2020.With Thursday’s...

Cryptocurrencies are popping in 2020. The entire market’s capitalization has once again touched $300 billion – something that was last seen six months ago. The interesting part is that it’s not just Bitcoin’s price that’s increasing this time – altcoins are exploding as well.Naturally, as it has always been the case, this drives more retail interest. Cryptocurrency-related titles are once again seen in mainstream media, while related Google searches keep on going up.Most recently, plenty of...

Bitcoin cash price rallied above the $440 and $450 resistance levels against the US Dollar.The price traded as high as $487 and it is currently consolidating gains.There is a key rising channel forming with support near $460 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise above $485 and $490 in the coming sessions.Bitcoin cash price is trading in a strong uptrend above the $450 level against the US Dollar. BCH/USD must stay above $450 to...