Crypto news

Litecoin price is currently consolidating losses above the $45.00 and $46.00 support levels against the US Dollar.LTC price is currently testing the $49.20 resistance level and it is well below the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $49.25 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair must break the $49.50 and $50.00 resistance levels to move into a positive zone.Litecoin price is currently...

Options – which provides cloud services to financial firms all over the world – has announced it will be entering the crypto foray through its new client the Gemini Exchange in New York.The Gemini Exchange Is Becoming More Safe and SecureOptions has tied itself to monetary systems and companies across the globe. Among the services it offers are management solutions, market hosting, TCO reduction and top-of-the-line cybersecurity. Thus far, the company can claim more than 40 clients situated...

Bitcoin is once again proving itself to be a major commodity on the continent of Africa. One small business owner – Abolaji Odunjo – can offer a testament to the cryptocurrency’s power. As a mobile phone provider, he recently did the unthinkable… He began paying his phone suppliers in bitcoin.Africa Continues to Remain Attractive to BTC EnthusiastsAt first, this might seem like a very risky move for both parties involved. For one thing, bitcoin remains very volatile, which means there’s...

XRP saw a small 2.5% price increase today as the support at $0.236 continues to hold firm.The coin is trapped between $0.228 and $0.236 for the past 4-days of trading.Against Bitcoin, the 100-days EMA continues to show its strength as the bears fail to close beneath it.XRP/USD – Bulls Vehemently Defend $0.236 Support.Key Support Levels: $0.236, $0.22, $0.216.Key Resistance Levels: $0.244, $0.25, $0.264.After dropping from $0.3 earlier in the month, the bulls managed to defend the support at...

The second stimulus check that allegedly got bitcoin moving in a northward direction hasn’t arrived yet. For many, the idea of a second stimulus check likely meant more bitcoin in their pockets, but according to bitcoin analyst of Quantum Economics Jason Deane, using stimulus money to buy more crypto could wind up being a rather disastrous decision.Deane: Stimulus Money Shouldn’t Be Used to Purchase CryptoNews of a second stimulus check has been meandering throughout the headline space over...

The Uniswap fork that got all the attention during the past week, Sushiswap, is moving forward with the migration of the liquidity locked in it.According to DeFi monitoring resource Zippo, there’s about $830 million locked in the protocol that will be migrated from Uniswap to Sushiswap. Spearheading the operation is the CEO of FTX.Liquidity Migrating Away from UniswapSushiswap is a fork of Uniswap with a twist – it adds a governance token, essentially turning it into a community-owned...

[PRESS RELEASE – Please Read Disclaimer]The long-awaited ability to exchange fiat for crypto using bank cards is now available on the KickEX exchange.Many Kick Ecosystem users used to have difficulties buying cryptocurrency via third-party services, so the KickEX team made it possible to buy digital assets for fiat with just a few clicks. Now it is convenient and simple, even for those who have never bought cryptocurrency and do not know even how to start.To trade on the exchange, you no...

Bitcoin and cryptocurrency exchange Kraken says that the drop in BTC’s volatility is not the end of the story. Historical observations suggest that after losing gains and remaining lifeless on the trading front, Bitcoin will galvanize into action soon, to end the year on an explosive note.Despite September Crash, Kraken Bitcoin Volatility Report Has Optimism Written All Over ItA few hours ago, cryptocurrency exchange heavyweight released its August 2020 Bitcoin volatility report. As per the...

[PRESS RELEASE – Please See Disclaimer]Decentralized finance activity continues to push related services to new records. This time, Uniswap became the first decentralized exchange protocol to exceed the 1 billion mark in 24 hours.According to the tracking portal CoinGecko, Uniswap is the third largest platform in terms of adjusted trading volume, including centralized ones, second only to Binance and OKEx.Trading volumes are surging on Uniswap and other so-called decentralized cryptocurrency...

Despite the short-term adverse price developments for Ethereum, ETH whales have continued to accumulate. Data from Santiment revealed that the top non-exchange whale addresses had increased their holdings by over 80% in August alone.ETH Whales Increased Their HoldingsSimilarly to the ICO boom in 2017, Ethereum’s popularity surged in 2020 as its blockchain serves as the underlying technology behind the hottest trend this year – DeFi.ETH reacted with a massive YTD increase. Ether is up by 170%...