Altcoins

Ethereum (ETH), the second-biggest crypto with a present market estimation of $14 billion, has altered its recent end of the weekly earnings, exchanging at $125.53 at the hour of composing. ETH/USD has lost over 6% over the most recent 24 hours and has stayed unaltered since the start of the day.Ethereum has not been fit as a fiddle as of late. After the breakdown of the notable high in mid-2018, when the price of ETH came to $1,300, and as of late, it became clear that Ethereum expects to...

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.On all the assets discussed below, reversal patterns are forming on the smaller timeframes. If the bulls manage to push the quotations above the nearest resistance levels, we can expect the beginning of good growth. For the Bitcoin, it is enough to secure above $7700, which may provoke growth to...

Bitcoin price failed to test the $8,000 resistance and declined below $7,500 against the US Dollar.The price is now trading above the key $7,060 and $7,000 support levels.There is a key bullish trend line forming with support near $7,160 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $7,000 support area.Bitcoin price is approaching a couple of important uptrend supports against the US Dollar. BTC remains well...

Hassan Rouhani – the president of Iran – has suggested that all Muslim nations should come together and utilize a single cryptocurrency as a means of standing against U.S. sanctions and “manipulation.” He also suggested that relationships built through cryptocurrencies could potentially bring all participating nations closer together.Rouhani: Crypto Can Unite Us AllRouhani spoke at a recent summit in Kuala Lumpur – the capital of Malaysia – and commented:In the past, Prime Minister Tun Dr....

Ripple – the third-largest cryptocurrency by market cap – has allegedly completed a funding round in which the company got its hands on $200 million. This takes Ripple’s net value to a whopping $10 billion.Ripple Is Heading to the TopThe round was led by Tetragon, an investment company stationed in New York. Other companies to take part in the event include Japan’s SBI Holdings and the venture capital firm Route 66 Ventures in Virginia.Ripple head honcho Brad Garlinghouse comments:We are in a...

Even though Google tracks Santa and seems to be very Christmas-like, it doesn’t seem to care for the crypto community at all. YouTube, the Google-owned video-sharing platform apparently started restricting or even deleting crypto-related videos or those who were flagged to be that way. Some crypto influencers even said their videos or even the whole channels were completely removed. The founder of Skill Incubator, a company that teaches valuable skills to help people thrive in today’s...

XRP is one of the worst performers this year, among the top-ten cryptocurrencies. However, economist Jeffrey Tucker has praised XRP that is actively used by Ripple in its solutions. And he even called it a “brilliant technology”. Tucker, who is currently the editorial director at the American Institute for Economic Research (AIES), expressed his views during an interview on the “Boom Bust” episode on Russia Today.He added that Ripple is currently riding on the failures of the traditional...

Social network Commun, a fork of Steemit—a decentralized social media network that looks like Reddit, which is created on Web3 technologies base, announced it has successfully launched its mainnet for online communities.The platform is composed of Decentralized Autonomous Communities (DAC) and it is made to act as a web, Android, and iOS portal. Through this, the users can assemble different interest-based forums and groups to share, read, watch, rank, and discuss content with others.Commun...

Tezos fell by a steep 10% this week, making it the weakest performing altcoin out of the top 10 projects.Against Bitcoin, the cryptocurrency remains above strong support at 0.0002 BTC.Tezos still has surged by a total of 42% over the past three months as it climbs into the 10th ranked position.Key Support & Resistance LevelsXTZ/USDSupport:  $1.50, $1.42, $1.29.Resistance: $1.64, $1.80, $1.88.XTZ/BTC:Support: 0.000189 BTC, 0.00018 BTC, 0.000167 BTC.Resistance: 0.00022 BTC, 0.00025 BTC,...

The new Thomson Reuters tax tool is set to report cryptocurrency taxes within the crypto space. Sources indicate that Reuters GoSystem Tax RRS Products will also include a “Virtual Currency Organizer”. This will enable users of the system to file form 1040 in the United States effectively. The new tool will also serve as a central hub for all things related to cryptocurrency for the users. They include reviews on payments, hard forks, cryptocurrency exchanges and so on.Reuters in a blog post...