Altcoins

Bitcoin went on a wild ride in the past 24 hours. The cryptocurrency began the day trading at around $7,100 only to drop down to about $6,850 in a sudden move south. However, bulls took it from there, and the BTC price shot up to $7,660, which was also the daily high.Currently trading at around $7,500, Bitcoin has managed to retain its price above the significant resistance area between $7,300 and $7,400. As Cryptopotato reported yesterday, the next resistance to watch lies at $7,700, and for...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 760. Heute sprechen wir über folgende Themen: Bitcoin Börse UpBit gehackt – 50 Mio. USD gestohlen, Studie zeigt Mängel im Lightning-Netzwerk auf & PlusToken Scam Bitcoin Abverkauf. [embedded content] 1.) Bitcoin Börse UpBit gehackt – 50 Mio. USD gestohlenhttps://cryptomonday.de/breaking-news-bitcoin-boerse-upbit-gehackt-50-mio-usd-gestohlen/ 2.) „Ökonomisch irrational“: Studie zeigt Mängel im Lightning-Netzwerk...

Litecoin price is recovering nicely and trading above $45.50 against the US Dollar.LTC price is currently trading near a major resistance area at $48.80 and $49.20.There is a significant bearish trend line forming with resistance near $48.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to surge higher once it clears the $49.20 and $50.00 resistance levels.Litecoin price is attempting a crucial upside break against the US Dollar and bitcoin. LTC price...

As we all know, PayPal has been very supportive – for the most part – of Libra, Facebook’s new cryptocurrency project, but the company was also among the first to exit the Libra Association. PayPal has remained relatively quiet regarding the details of its exit, but now chief executive Dan Schulman is sharing his thoughts on Libra and explains why his company refused to engage any further in the project’s progression.Schulman: It Wasn’t Regulation that Spooked UsLibra is arguably one of the...

A new type of cryptocurrency called Grounder Coin is looking to be the first digital currency that can be used in space.Grounder Coin: Bringing the Planets Together?This raises a lot of questions. Have scientists discovered aliens that Earth people are now looking to do business with, and we think a universal form of crypto that will allow people and those aliens to pay for goods and services is the answer?Well, not exactly. As time progresses, more time has been put into colonizing other...

Libra’s announcement earlier this year brought a lot of mixed reactions, but it also attracted a lot of attention towards the field, causing other teams to think in this direction. One of these is Saga Monetary Technologies’ token dubbed SGA, which will be launched on December 10th. SGA token will be pegged to the Special Drawing Right monetary reserve.A New Type Of StablecoinSaga Monetary Technologies announced the creation of SGA – a new type of stablecoin. It will start trading on December...

XRP suffered a rough week as its price declined by 12%. The cryptocurrency attempts to recover, and it marked an increase of 1.69% over the past 24 hours to reach the current price of $0.2220The cryptocurrency has been trapped within a wide range between 3324 SAT and 3000 SAT against BTC in November 2019.XRP may be able to go higher as the technical indicators start to flatten out in oversold conditions.Key Support & Resistance LevelsXRP/USDSupport:  $0.215, $0.200, $0.185 Resistance:...

Matic Network, the platform working on solutions to the scalability issues of the Ethereum blockchain and using Plasma side chains and a Proof-of-Stake network, has announced its public incentivized staking testnet event Counter Stake is finally live.Counter Stake has arrived!Matic’s public incentivized staking testnet event is now officially live.We have released a detailed step-by-step guide on setting up your node. Over 3 million $MATIC tokens are to be shared among participants ?Read...

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.Regardless of the new loss of the bulls, the Bitcoin is testing an important support level and there is a reversal pattern forming on the smaller timeframes, which may signify the beginning of an uptrend.The daily chart of the Ethereum demonstrates uninterrupted falling to the aim at $100 – here,...

Various factors are known to limit the public adoption of cryptocurrency especially Bitcoin. For now, one cannot spend Bitcoin the same way they would spend fiat currencies. Sometimes converting crypto into fiat can be quite a challenge. Custodianship of crypto assets and wallet security are the other concerns for the average investors.Also, wallet and key security together with the undeveloped crypto ecosystem and economic precedent discourage institutional investors from joining the nascent...