Crypto news

Litecoin price started a downside correction from the $50.00 resistance against the US Dollar.LTC price declined below the $48.00 support and it is currently consolidating near $45.00.There was a break below a major bullish trend line with support near $46.40 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could spike towards the $4.50 support area before it might start a fresh increase.Litecoin price is slowly moving lower towards key supports against the US...

Ripple is facing a heavy bout of trouble. The company has had another lawsuit filed against it by a company that virtually no one in the cryptocurrency community has heard of.Ripple Is Facing More Legal TroubleThe crypto firm is currently facing another class-action lawsuit from the likes of Bitcoin Manipulation Abatement LLC. The case was filed on May 1 in a U.S. federal district court against both Ripple and its CEO Brad Garlinghouse. Documents pertaining to the case alleged that...

A record-breaking number of 210 Bitcoin options contracts were traded yesterday on the Chicago Mercantile Exchange, which set up a new all-time high of nearly $10m. Of the total amount, 202 contracts were May calls (bullish), while 8 were May puts (bearish).CME Bitcoin Options Volume On The RiseCME launched options on Bitcoin in January this year. Despite a promising start with massive volumes, the platform has struggled to maintain consistent numbers of traded contracts.Moreover, following...

Sun Kissed Industries, Inc.’s Numuni Inc. subsidiary says that it sees bitcoin mining as a key source of revenue for its digital media platform.Numuni Is Getting Into Mining At an Odd TimeThe company works to ensure digital content creators garner funds for their work. The company recently put out a statement suggesting that it may get into bitcoin and cryptocurrency mining in the coming weeks, though it’s probably not thinking everything through.For one thing, miners are about to lose a lot...

Cascadia Blockchain Group Corp. in Vancouver has announced that it has developed a new payment system that would allow for crypto to fiat transactions.Cascadia Empowers Crypto to Fiat PaymentsThe entire payment platform would be powered through debit cards, which would contain the fiat currency that has come from the digital coins in question. Once digital coins are transformed into fiat, they are stored on cards that the customers keep in their wallets. They can then be used for purchasing...

Merely days ahead of the Bitcoin halving, Ukraine and Iran are taking steps into expanding mining services within their borders.Ukraine plans to utilize excess nuclear power, while the Asian country has granted a license to a Turkish company to operate up to 6,000 mining rigs in Semnan.Nuclear Power Utilized For Crypto Mining?The Ukrainian Ministry of Energy and Environmental Protection recently published a press release outlining the possibility of adopting cryptocurrency mining soon....

Tezos is starting to show strength, but the current gain is not enough to catalyze any bullish momentum.While Tezos saw a small increase for some days, the price continued to drop against Bitcoin.Tezos found weekly support at $2.6 after witnessing a small recovery.XTZ/USD: Tezos Locates Temporary Support At $2.6Key Resistance Levels: $3, $3.3Key Support Levels: $2.57, $2.37XTZ/USD. Source: TradingViewIn anticipation of the upcoming Bitcoin halving, which is around the corner, Tezos is still...

Ethereum saw a 1% price hike today as the coin rises to the $208 level.It still needs to take out the $220 resistance to be able to push higher.Against Bitcoin, ETH continues to struggle as it breaks beneath the 200-days EMA support level.Key Support & Resistance LevelsETH/USD:Support: $200, $194, $187.Resistance: $211, $220, $225.ETH/BTC:Support: 0.0223 BTC, 0.022 BTC, 0.0213 BTC.Resistance: 0.0227 BTC, 0.023 BTC, 0.0236 BTC.ETH/USD: Ethereum Pushed Higher By BTCEthereum has been trapped...

Ten years have passed since the birth of cryptocurrencies and since the publication of the Bitcoin White Paper, blockchain technology has not stopped evolving.  At the same time, the way of working to obtain better productivity has also undergone a drastic evolution.  Things have changed a lot since the days that anyone could generate returns from their desktop computer.  The appearance of big competition on a global level, driven by the advances in technology, has meant that only the biggest...

Facebook erntete von vielen verschiedenen Seiten Kritik für die geplante Einführung der neuen Kryptowährung Libra, namhafte Partner wie Visa und MasterCard sprangen wegen zu grosser Bedenken bereits ab. Doch jetzt kann die Libra Association neue Partner gewinnen, nachdem ein Whitepaper mit regulatorischen Änderungen vorgestellt wurde. Nach dem durchschlagenden Erfolg der neuen Kryptowährungen wie Bitcoin, Ethereum oder Ripple in jüngster Vergangenheit will Facebook seine eigene...