Altcoins

Litecoin price is sliding and it is now trading well below the $45.00 level against the US Dollar.LTC price is under pressure and it could struggle to recover above $44.00 and $45.00.There is a major bearish trend line forming with resistance near $44.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $42.80 and $42.50 levels in the near term.Litecoin price is showing a lot of bearish signs against the US Dollar and...

The New York Department of Financial Services (NYDFS) said that it will soon introduce changes and upgrade its virtual currency license famously known as BitLicense. In the cryptocurrency community, NYDFS is well-known for already having a strict set of rules setting the highest regulatory benchmark standards.On Wednesday, December 11, Superintendent Linda Lacewell announced that the regulator will modify rules for the approval process of new digital currencies. Under the existing set of...

Privacy coin attacked for "dumping on investors". Ethereum creator Vitalik Buterin - also an advisor for Zcash (ZEC) - says coin is exploring uncharted terrain. Market cap - but not coin price - up 40,000% since launch. Ethereum founder Vitalik Buterin leapt to the defence of privacy coin Zcash (ZEC) after a prominent crypto influencer branded it a “failure.” Zcash wields a market cap of over $250 million, and is the second highest capped privacy coin at time of writing, behind Monero...

New cryptocurrency “Designed for 10,000x Returns” draws crypto community ire. Critics say the coin’s creator will hold 45% of the entire coin supply after the first year. Not a Ponzi, not a pyramid – a new breed of scam coin. A new cryptocurrency is attempting to pick up where BitConnect and OneCoin left off – enter HEX (formerly BitcoinHEX). According to the HEX.win website, HEX has been “designed for 10,000x returns”. While you ponder why your own favorite cryptocurrency wasn’t designed...

Ethereum’s search decline is slightly worse than Bitcoin’s. Roughly 96% of search interest originating from the United States has disappeared. A glance at ETH’s developer count reveals a silver lining for Ethereum. Nearly two years on from Ethereum’s all-time high, Google search interest for the No.1 altcoin has plunged 96%. Ethereum Popularity Nosedives Along with the ETH Price Search interest for the most well-known alternative to Bitcoin peaked during January 2018’s bull-run. The price...

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.Judging by the charts of the main crypto instruments, the bears are still at the wheel. However, it should be noticed, that the angle of the decline is becoming less and less steep every day, which means a certain weakening of the trend. The picture on the charts may be hinting that the long but...

For some time now, Japan’s banking sector has faced many challenges arising from money laundering. This problem has been in the limelight since the Financial Action Task Force found “numerous and serious deficiencies” back in 2014. Japan has long been blamed for weak measures that it has set up against money laundering and terrorism financing.In that context, the U.S. banking multinational, JPMorgan Chase & Co, is looking to launch an Interbank Information Network (IIN) in the East Asian...

Ethereum prices this year were lower in growth than Bitcoins, as the second-largest cryptocurrency this year increased less than 5%, notwithstanding BTC in spite of that maintains a staggering 95% increase since the beginning of the year, despite previous selling.In light of the successful introduction of the latest network updates in Istanbul hard fork and the growing popularity of DeFi, does catching up with ETH means a viable strategy for investors? From a macroeconomic point of view,...

Ripple has done it again when it updated its recently launched Xpring developer platform to accept two new programming languages Python and Go. The new XRP developer platform (xpring.io) allows both cryptocurrency developers and non-cryptocurrency developers to be able to create applications that run within the XRP ecosystem. The new features include customer service, a new developer-friendly wallet, technical documentation and another set of cool tools.The platform was launched in October...

ADA price declined steadily after it failed to surpass the $0.0400 resistance against the US Dollar.The price is slowly approaching the key $0.0355 support area.Earlier, there was a break below a key contracting triangle with support near $0.0382 on the 4-hours chart (data feed via Kraken).The price is under pressure and it seems like it could even struggle to hold the $0.0355 support.Cardano price is showing a lot of bearish signs against the US Dollar and bitcoin. ADA price is likely to...