Crypto news

Stellar lumen price is down more than 20% and it recently traded below $0.0600 against the US Dollar.XLM price is currently sliding and it seems like it could soon test the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is unlikely to correct higher unless the bears fail to push the price below $0.0512.Stellar lumen price is sliding heavily against the US Dollar, similar to bitcoin. XLM price...

Sunday seemed somewhat optimistic as Bitcoin was finally in the green after days of red candles. Even though there was a blunt sense of relief in the community – it didn’t last long. Before the bulls had a chance to return, the bloodbath continued today with even more losses.Today, Bitcoin’s price dropped down to $6,500 before recovering a bit to its current point at around $6,700. The cryptocurrency is down by 7% in the past 24 hours. The situation looks even worse over the past ten days....

The chief of Norilsk Nickel, Vladimir Potanin, whose company is planning to issue stablecoins backed by palladium by the end of this year, made a statement about the “good level of communication with the Bank of Russia,” regarding digital asset legalization.A Russian billionaire, Vladimir Potanin, promotes more active usage of blockchain technologies and digital assets in the industry. The businessman expects new laws for digital financial assets in the near future.“The industrial companies...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 757. Heute sprechen wir über folgende Themen: Bitcoin bald auf $2500, Bakkt Bitcoin Futures Rekordvolumen & E-Yuan statt US-Dollardominanz: USA simuliert Währungskrieg mit China. 1.) Bitcoin Price Drop to $2.5K Possible if Bulls Fail to Retake $7,350https://cointelegraph.com/news/bitcoin-price-drop-to-25k-possible-if-bulls-fail-to-retake-7-3502.) Bakkt Bitcoin Futures Rekord: 2728 Kontrakte inmitten des...

Ripple price is down more than 20% in the past few days and settled below $0.2500 against the US dollar.The price is currently trading in a bearish zone and it recently tested the $0.2000 area.There are two major bearish trend lines forming with resistance near $0.2185 and $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to decline further and it could even trade below the $0.2000 support.Ripple price is tumbling below key supports against the US...

CryptoFranc (XCHF) a stablecoin issued by Swiss Crypto Tokens AG The relative market volatility of crypto asset markets can sometimes be a reason for stress. Meanwhile, there are assets which do not exhibit such volatility; they are called stablecoins. Because the value of stablecoins is pegged to another currency or asset (such as the US dollar or gold), they are generally...

Libra has been attacked from all sides, but now people are even starting say its introduction to the financial space was ill-planned.Libra Hasn’t Tried to Clean Up Its ActLibra first emerged last summer to mixed reception. Many users said they didn’t trust Facebook enough after the Cambridge Analytica scandal to give the company their financial data, and many politicians were concerned that Libra would potentially open the door to money laundering and other white-collar crime.However, others...

Canaan Creative is arguably the world’s biggest cryptocurrency mining company after Bitmain. The company has sought to ensure its initial public offering (IPO) – which it’s been touting for some time – makes serious headway in the financial space, and it can be argued that this goal was accomplished.Canaan: A Leader in IPOs?The IPO, which took place in the United States despite Canaan being situated in China, has garnered the venture more than $90 million. Approximately 10 million Americans...

Bitcoin just keeps slinking lower and lower on the financial totem pole, but some analysts say things are about to get a lot worse before they get better.Bitcoin: About to Hit New Lows?As it stands, bitcoin is trading for about $7,200 at press time. This is unfortunate considering just a few weeks ago, it was trading for almost $2,500 more. The currency has been experiencing so many drops as of late and nobody really knows why. All we can do is sit back and hope that things will somehow...

The controversy around Bitfinex and Tether continues. Apparently, the company is under legal attack as yet another “copycat” class action lawsuit has been filed against it with the US District Court for the Western District of Washington.Bitfinex Responds Against A Mysterious ComplaintAccording to an official statement, “mercenary” lawyers continue to attack Bitfinex and Tether and they have filed a class-action lawsuit against the company with the US District Court for the Western District...