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Stellar Lumen (XLM) Price Holds Key Support, More Upsides Likely

Stellar lumen price started a decent increase above the $0.2500 resistance against the US Dollar. XLM price is now trading above $0.2500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2700 on the 4-hours chart (data feed via Kraken). The pair is likely to start another increase if there is a break above the $0.2850 resistance. Stellar lumen price is showing positive signs above $0.2500 against the US Dollar,...

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Ripple Price Analysis: Chances of More Upsides Above $0.75

Ripple price gained traction and it rallied above $0.7000 against the US dollar. The price is now trading well above the $0.6500 resistance and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise if it clears the $0.7500 and $0.7650 resistance levels. Ripple price is trading in a positive zone above $0.7000 against...

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Recently Reported Tether DOJ Probe Isn’t Necessarily Bad for Bitcoin (Opinion)

Though the Justice Department declined to comment for the article, Bloomberg was able to report last week that the DOJ is investigating U.S. banks and the backers of popular stablecoin USDT. There is some ongoing speculation about how this might affect bitcoin’s price. What’s Supposedly Going on With Tether and the DOJ? The Justice Department is reportedly seeking to determine the extent of U.S. banks’ knowledge of Tether Limited’s business and the prolific use of its...

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“Joseph,” an Anonymous Crypto Investor, Loses More Than $300K in Online Scam

It’s happened again, folks. Another major cryptocurrency scam is in the books, and a man simply going by the name of “Joseph” is the 70-year-old victim sadly paying the price. Joseph Has Lost Some Serious Dough Joseph ran his own business for many years and saved up a lot of money for his retirement. At 70 years of age, he was looking to the days where he could kick back and possibly purchase a mortgage-free bungalow that would allow him and his wife to enjoy their...

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WallStreetBets Founder Talks About GameStop, WSB Future, and How It’s Related to Bitcoin & Crypto (Exclusive)

Everyone who’s even remotely interested in investing and trading is definitely aware of the GameStop saga. It was an event that shook the financial community to an extent that we hadn’t seen before. It all started on a subreddit called WallStreetBets, which went on to become one of the most popular subreddits out there, harboring over 10 million users. CryptoPotato had the pleasure of talking to its Founder – Jaime Rogozinski. In this interview, we talk about WSB’s past,...

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Idan Abada Shows Just How Easy It Is to Be a BTC Miner

Idan Abada is a man who lives in Los Angeles. Getting into bitcoin a few years back, Abada has made a real name for himself in the mining sector of the crypto space, though the circumstances surrounding his situation are quite unique. Idan Abada Is Running a Successful – and Simple – Mining Rig Normally, we hear of people running mining rigs that consist of many machines. They are all lined up in rows in a large warehouse somewhere as they work tirelessly to extract new...

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New Dash Payment App Is Accepted By More Than 150,000 Retailers

Dash – which stands for “digital cash” – is a cryptocurrency that has really seen its horizons grow over the past several years. The asset presently has a new payment app that allows people to make everyday purchases. It is presently supported by more than 155,000 stores and retailers all over the world, along with 125 separate online retailers, making it far more prominent as a payment currency than BTC. Dash Is Becoming a Major Payment Currency At the time of writing,...

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Bitcoin Fear and Greed Index Back to Greed for the First Time in 12 Weeks

The Bitcoin fear and greed index, which tracks the community’s general sentiment on the primary cryptocurrency, has gone into a state of greed for the first time in nearly three months. This comes as BTC’s price has gone on a tear in the past few weeks, adding more than $10,000. Greed Among Bitcoin Investors The fear and greed index is a popular metric that follows several aspects within the cryptocurrency community to determine the general feelings towards BTC and other...

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German Institutional Funds Can Now Invest 20% of Portfolios in Crypto

According to a new law coming into effect next week, some German investment funds will be able to hold up to 20% in digital assets. This comes amid growing demand from various institutions towards the industry. Germany’s Next Crypto Move As per a Bloomberg report from July 30th, Spezialfonds – German investment funds with fixed rules – will be able to allocate as much as 20% of their holdings in digital assets. Those funds reportedly manage around 1.8 trillion euros or $2.1...

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Crypto Market Cap at 6-Week High: Polkadot (DOT) Explodes 16% (Market Watch)

The bitcoin bulls continued their offensive in the past 24 hours as the asset reached yet another 2-month high of over $42,500. Most alternative coins have outperformed their leader, including ETH, BNB, and DOT, which has jumped by more than 16% in a day. Green Altcoins; DOT Adds 16% of Value The altcoins were relatively stagnant yesterday, but the situation is significantly different today. Ethereum traded around $2,450, but a 6% increase has driven it to approximately...

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