Crypto news

Stellar lumen price is gaining pace below the $0.124 resistance zone against the US Dollar. XLM price is now trading below $0.120 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line forming with support near $0.1205 on the 4-hour chart (data feed via Kraken). The pair could extend its decline below the $0.1165 support zone in the near term. Stellar lumen price is trading below $0.1250 against the US Dollar, like Bitcoin....

XRP price started a fresh decline below the $0.620 zone against the US dollar. The price is now trading below $0.600 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support at $0.6125 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.588 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could decline...

The renowned Spanish football club Atletico Madrid is reportedly gearing up to take legal action against WhaleFin, a Singapore-based cryptocurrency exchange. The dispute centers around a breach of contract involving unpaid sponsorship fees amounting to €40 million ($44 million). Atletico Madrid Seeks $21 Million in Damages in Lawsuit Atletico Madrid, the esteemed Spanish football club, is preparing for a legal battle with WhaleFin, a Singaporean cryptocurrency exchange, over...

South Korean law enforcement revealed that hackers from the Democratic People’s Republic of Korea (DPRK), also known as North Korea, impersonated government agencies and journalists in South Korea to steal crypto. The hackers were said to employ email phishing techniques to carry out the dubious act on unsuspecting victims. DPRK Hackers Reportedly Focused on Stealing Crypto The South Korean National Police Agency said that North Korean hackers seemed to target people’s crypto...

After a meteoric rise from $26,750 on Oct. 12 to close the month at $34,667 on Oct. 31, Bitcoin price (BTC) is still rising in November. BTC pumped from the $36,500 handle to multi-day support at $37,400 the day Grayscale Investments met with the SEC over its Bitcoin ETF application. But its gains have seen more volatility this month, whipsawing on a course for $38,000 as Bitcoin ETF bulls hold their breath. That could be a sign that bears are gaining confidence. Meanwhile,...

A fundamental aspect of Bitcoin’s appeal lies in its status as a form of currency resistant to censorship and immune to arbitrary regulations. The principle is that anyone with the means to cover network fees should be able to engage in transactions without requiring permission. However, a new report suggests that a major Bitcoin mining pool filtered transactions based on sanctions imposed by the US Office of Foreign Assets Control (OFAC). Asian-Based Bitcoin Mining Pool...

The e-commerce industry is a powerhouse in today’s marketplace, using technology to meet the changing demands of consumers seamlessly. At its core, the success of e-commerce is intricately tied to the harnessing of vast data sets, a phenomenon commonly known as Big Data. In today’s ever-changing environment, Big Data is crucial, guiding businesses to comprehend customer behavior better. The significance of Big Data lies in its unparalleled ability to extract actionable...

XRP Analysis By Shayan After failing to breach the $0.74 mark, Ripple initiated a corrective leg, retracing toward the 100-day and 200-day moving averages at approximately $0.55. However, a crucial support region stands in the way, potentially putting a halt to Ripple’s short-term downward trajectory. The daily chart illustrates that Ripple encountered seller dominance when attempting to surpass the $0.74 mark, impeding further upward momentum. Subsequently, the price...

Investors stateside in both the cryptocurrency and traditional finance worlds are eagerly awaiting a Bitcoin ETF product in the U.S. But those in Europe looking for an XRP exchange-traded product will have one next month. Europe Gets an XRP ETP in December DeFi Technologies, Inc. announced last week it will debut a new Ripple XRP ETP on a European exchange. The Canada-based Web 3.0 company will be ready to launch the product in early December. It will offer the product...

TL;DR ADA’s Strong Performance: ADA has seen a nearly 70% increase in price this year, with experts predicting continued growth in 2024, possibly reaching new highs. Optimistic Predictions for 2024: Twitter user Ali sets a $10 target for ADA by summer 2024, while Dan Gambardello predicts a spike to $11 post-BTC halving, with a potential market cap of $400 billion. 2025 Projections: Analyst FieryTrading suggests ADA could reach $35 in 2025, a significant increase from its...