Crypto news

XRP saw a small 1.7% price increase today after bouncing from $0.184 to reach the current $0.188 level. The cryptocurrency is dangerously close to falling beneath a descending triangle formation, which would cause it to plummet. Against Bitcoin, XRP is entering the abyss after falling beneath the 2000 SAT support. Key Support & Resistance Levels XRP/USD:Support: $0.18, $0.175, $0.171.Resistance: $0.192, $0.20, $0.207.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2022 SAT,...

Matic is trying to bounce back, but the buying volume is currently low.It is now holding a previous break level as support after losing almost 4% of its value overnight.The price is targeting $0.027 level in the next few days if Bitcoin continues to consolidate.MATIC/USD: Buyers Showing Interest After 3.12% DiscountKey Resistance Levels: $0.023, $0.025, $0.027Key Support Levels: $0.021, $0.020, $0.019MATIC/USD. Source: TradingVIewMatic is currently down by 3.12% overnight, but it is starting...

SYNQA, the parent company of the OMG Network, recently announced successfully raising $80 million in a Series C funding round lead by SCB 10x and venture capital group SPARX.At the same time, the price of OMG has experienced a sudden increase of nearly 11% in the past few hours.OMG Network’s Parent Company Raises $80MThe Thailand-based online payment company SYNQA, formerly known as Omise Holdings, announced earlier the successful closing of $80 million from a Series C fundraising round....

The controversies surrounding Bitmain continue as recent reports have it that Jihan Wu has allegedly been involved in illegal activities, putting his wills and interests above the law.New Reports Spark More ControversyToward the end of last year, Jihan Wu, who had previously stepped down as the co-CEO of Bitmain, assumed control once again. Since then, controversy seems to be spiraling out of control.Jihan Wu. Source: MediumJust a couple of weeks ago, CryptoPotato reported that the exiled...

Recent data indicates that Ethereum miners prefer holding their mined coins and have increased their balance in the past few weeks. At the same time, the number of ETH addresses containing from 100,000 to 1,000,000 coins have jumped by nearly 5% in June alone.Ethereum Miners HODLBecause of the current proof-of-work consensus algorithm that Ethereum employs, the network relies on miners to use their time and processing power to solve cryptographically difficult puzzles. If successful, miners...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 908. Heute sprechen wir über folgende Themen: Wirecard steckt in Schwierigkeiten, Haven Protocol (XHV) – DeFi kombiniert mit Anonymität & Jim Rogers Bitcoin fällt auf 0. [embedded content] 1.) Wirecard steckt in Schwierigkeiten – wie sieht es mit Krypto-Debitkarten aus?https://blockchain-hero.com/wirecard-steckt-in-schwierigkeiten-wie-sieht-es-mit-krypto-debitkarten-aus/ 2.) Haven Protocol (XHV): DeFi kombiniert mit...

Bitcoin and alternative cryptocurrencies have become largely correlated over the past couple of years. Whenever there’s a serious move in the price of BTC, altcoins are almost always following the lead.A well-known startup investor and trader, Qiao Wang, took the opportunity to comment on the matter, outlining the reason for this correlation.Why Bitcoin and Alts Are Correlated?According to the specialist, the correlation between Bitcoin and alternative cryptocurrencies has a lot to do with...

Stellar lumen price is currently correcting higher above $0.0680 against the US Dollar.XLM price is facing a strong resistance near the $0.0700 region and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0695 on the 4-hours chart (data feed via Kraken).The pair could either extend its recover above $0.0700 or resume its decline below $0.0650.Stellar lumen price is struggling to gain bullish momentum above $0.0700 against the US...

Ripple price is currently correcting higher from the $0.1840 support zone against the US dollar.The price is facing a strong resistance near the $0.1900 level and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.1900 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could either rally above the $0.1920 resistance or start another downward move.Ripple price is trading in a bearish zone below the $0.1920...

Many have gone back and forth regarding how to classify bitcoin. Is it money? Is it simply a speculative asset? How can it be used, and what are most people supposed to do with it when cash and credit cards remain so prominent?Bitcoin Is Money, According to Fed SentimentAccording to economists at the New York office of the Federal Reserve, bitcoin is like an extension of fiat money. In other words, it’s not a new type of money or even necessarily a new coin. Rather, it’s being described as an...