Crypto news

XRP saw a 6% increase today as it climbs back above $0.171.The cryptocurrency recently dropped lower but managed to rebound at support provided by a rising trend line.Against Bitcoin, XRP met resistance at 2800 SAT again and has dropped int 2750 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.171, $0.16, $0.156.Resistance: $0.182, $0.191, $0.2.XRP/BTC:Support: 2750 SAT, $2710 SAT, 2650 SAT.Resistance: 2800 SAT, 2850 SAT, 2900 SAT.XRP/USD: Ripple Rise Stalled By Bearish .618 Fib...

[PRESS RELEASE – PLEASE READ DISCLAIMER BELOW]The numbers keep rising. In the 3 months since it was first detected, the novel coronavirus (COVID-19) has infected upwards of 725,000 people all around the world, claiming over 34,000 lives, and counting.Amidst this global pandemic, healthcare workers are selflessly working around the clock to treat the infected and to contain and prevent the spread of COVID-19. They are our first line of defense in the battle against the virus. However, this...

The extreme levels of volatility reached the U.S. dollar as well, and the world’s reserve currency is losing value. It comes only days after the historic $6.2T “stimulus package,” which aims to help individuals and businesses in need.Amid the rising threat of inflation and concerns amongst numerous experts, the cryptocurrency community broached Bitcoin’s scarcity as an alternative to the constant increase of fiat money in circulation.U.S. Measures Harm The DollarThe novel coronavirus appeared...

Bitcoin price had a wild weekend: After losing the $6,000 support, Bitcoin plunged onto the next mentioned support level, and since then, saw a decent come-back to the price area the plunge started from. To conclude this, it was a wild ride going back to the same destination.Following our most recent price analysis, we mentioned that ‘new lows’ below $6K are coming up soon. This weekend saw BTC recording $5850 as the current new weekly low, and it’s not a coincidence.The $5900 area holds...

Cryptocurrency mining is one of the ways to start stacking digital assets, and it appears that the tech giant Microsoft has come up with a new idea. The company has filed a patent application for an innovative system to mine cryptocurrencies.Microsoft And Cryptocurrency MiningOne of the leading technology companies in the world, Microsoft, is seeking patent protection from the World Intellectual Property Organization (WIPO). According to the application, sensors could detect certain...

Stellar lumen price is currently recovering higher from the $0.0375 area against the US Dollar.XLM price is likely to face a strong resistance near the $0.0405 and $0.0410 levels.Earlier, there was a break below a major bullish trend line with support near $0.0400 on the 4-hours chart (data feed via Kraken).The pair could surge towards $0.0440 if it clears the main $0.0410 resistance area.Stellar lumen price is recovering towards major hurdles against the US Dollar and bitcoin. XLM price...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 846. Heute sprechen wir über folgende Themen: Tether Bilanz wächst auf 6 Mrd. USD, Hive Token Wert höher als Steem nach Hardfork. [embedded content] 1.) Tether Bilanz wächst auf 6 Mrd. USD – Wie vertrauenswürdig ist die Kryptowährung?https://cryptomonday.de/tether-bilanz-waechst-auf-6-mrd-usd-wie-vertrauenswuerdig-ist-die-kryptowaehrung/ 2.) Steemit’s Blockchain Fork Hive Outperforms Steem Token...

Ripple price declined recently from the $0.1880 resistance area against the US dollar.The price is now trading below $0.1700, but it is holding the key $0.1600 support.There is a key bullish trend line forming with support near $0.1605 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could only resume its upward move as long as it is above the $0.1600 support area.Ripple price is holding a key uptrend support near $0.1600 against the US Dollar. XRP price is likely...

The CME Group in Chicago, Illinois, is proving to be one of the biggest and most influential establishments in the entire crypto community.The CME Group Is Heading for the TopThe company has gone on to break all kinds of records with its latest bitcoin futures options, which became available in late January of this year. The firm has already managed to outdo the likes of Bakkt, which arguably had greater publicity going into the bitcoin futures market and had more of a leadup before its doors...

IMF chief Kristalina Georgieva said that the global economy is now in a recession due to the impact of COVID-19. “We should not go with small measures now when we know that it is a gigantic crisis,” she said.International Monetary Fund chief Kristalina Georgieva has stated that the global economy is now in a recession due to COVID-19, Bit she added that she’s “heartened to see world leaders finally realizing that only a coordinated effort will be able to stem the spread of the novel...