Altcoins

Ripple price is struggling to climb above the $0.2300 and $0.2320 resistances against the US dollar.The price is currently trading near the $0.2200 support area and it could continue to move down.There is a major bearish trend line forming with resistance near $0.2250 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to accelerate lower if it continues to struggle near $0.2300.Ripple price is facing an increase in selling below $0.2300 against the US...

Ripple has unlocked one billion XRP from its escrow wallet on Sunday. It represents the supply issuance for the month in the agreement with its pre-decided schedule.At present estimations, this adds up to approximately $225 million. Right now, XRP is finding itself in a pretty much heavy position regarding its price. At the time of writing it is trading $0.22 (0.49% up within 24 hours). However, if it would fall and kept itself on a support zone of 0.20$, this could mean serious trouble for...

A U.S. man has been arrested for teaching North Korea about blockchain. According to a press release, Virgil Griffith – a resident of Singapore but a citizen of the United States – has been charged with violating international restrictions by traveling to North Korea and providing a lecture and advice regarding blockchain technology and how it can be used to violate present sanctions.North Korea: Using Blockchain for Illicit Purposes?North Korea, a nuclear state, has had a very controversial...

Not everyone is pleased with bitcoin, but now the European Central Bank (ECB) – which described bitcoin as the “evil” spawn of 2008’s financial crisis – says it’s on the verge of doing something about it.The ECB and Its Digital PlansWhat is this plan? To develop a new centralized cryptocurrency issued by the bank. This isn’t much of a plan when you really think about it considering just how many countries and governments say they’re looking to exact the same steps. China, for example,...

A federal court is asking the founder of Telegram – Pavel Durov – to testify in the Security and Exchange Commission’s (SEC’s) case against the encrypted messaging service’s latest initial coin offering (ICO) of its new cryptocurrency known as the “gram.”Telegram Is Trapped in a Big Legal BattleTelegram has garnered almost $2 billion through the sale of its new gram token, which has been going on since 2018. Overall, the company has done well. The trouble is the SEC is saying they failed to...

It’s happened again, folks. Another cryptocurrency hack has taken place in the region of South Korea. This time, the victim is the popular cryptocurrency exchange Up Bit, which has reportedly lost nearly $50 million in Ethereum (ETH) funds.Up Bit: The Latest Target of CyberthievesSouth Korea, at one time, was one of the world’s largest cryptocurrency hubs. The country was responsible for roughly one-quarter of the world’s bitcoin transactions, though the region has taken on something of a...

It has been an exciting week for Bitcoin. Volatility is back as the price went on a rollercoaster throughout the past seven days. The cryptocurrency started the week trading at around $7,150, dropped to a low of about $6,600 only to recover get up to $7,800. However, throughout the volatile month of November, Bitcoin lost upwards of $1,500 of its value.At the same time, despite Bitcoin’s violent price action, its dominance index remained flat around 66%. This means that altcoins managed to...

New data demonstrates that Mexican XRP/peso trading volume on Mexico’s Bitso-based digital money exchange hit a record high this month.This expansion is because of the association between Ripple and MoneyGram, which shows that it is as of now moving around 10% of its Mexican peso currency exchange volume through Ripple’s XRP-based installment arrangement, known as ODL.Ripple’s dedication of $ 50 million in value financing for MoneyGram was at long last finished and a second $20 million...

Cryptocurrency is good in that transaction information is forever recorded on the blockchain in the public domain and therefore Bitcoin can be trusted. At the same time, there are no records about your transactions in the databases of banks and government organizations in order to increase Bitcoin Privacy. But in fact, anyone can track how much and what you spent your digital assets on, and then use this information to harm you.Danger of Blockchain TransparencyBitcoin seems to be initially...

First of all, Happy Thanksgiving y’all. Be thankful for your life, your family and, hopefully, your wallets. Hope you had a nice dinner and it prepared you for the Christmas holidays.  However, today is Black Friday and even though it should remind us on the awful things done to the slaves in the U.S. back in time, it should remind us that, except this should never happen again, we could use this date to do something good – for someone, or for us (‘cause you have to love yourself,...