The landmark victory for Ripple in its lawsuit against the U.S. Securities and Exchange Commission (SEC) may have ignited a bull market for neighboring altcoins, according to a recent report from CryptoQuant. The crypto market intelligence firm provided a series of stats reflecting growth in altcoin market activity over the past week, versus relative stagnancy within the Bitcoin (BTC) and Ethereum (ETH) markets. The Return of Alt Season When analyzing price performance based...
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $90
Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Bitcoin Whale and Ethereum ICO Member Deposit $250 Million Holdings To Exchanges
Two separate whales each holding over 9 figures worth of crypto have transferred to holdings to exchanges over the past 24 hours. One whale owned an address that participated in Ethereum’s ICO back in 2014, and hadn’t moved his coins since. As revealed by the Twitter blockchain tracker Lookonchain, an Ethereum ICO participant moved 61,216 ETH worth $116 million to the crypto exchange Kraken on Tuesday. According to Etherscan, the address had zero other significant activity,...
Read More »This Hedge Fund Manager Backs Bitcoin & Ethereum Prices to Keep Rising, with BTC20 Also Turning Heads
Cryptocurrencies are showing remarkable resilience amidst a turbulent economic environment, evidenced by their decoupling from traditional asset classes. Dan Morehead, CEO of Pantera Capital, predicts this dynamic will allow major cryptos like Bitcoin and Ethereum to continue rallying over the medium term. Although these two cryptos remain the most talked-about in the space, investors are also paying attention to BTC20 – an innovative new token that combines elements of both...
Read More »Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
CoinspeakerSociete Generale Secures First French Crypto License for Its Crypto Division FORGE This license will allow FORGE to serve institutional clients' needs for digital assets. The banking institution is the first to secure a license under France's new crypto rules. Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
Read More »Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years
CoinspeakerEthereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years Despite the general market sentiments, ETH has gained over 50% since the start of the year. Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years
Read More »Bitcoin: Wird 1 Statoshi zur SI-Einheit?
Seit der Einführung von Bitcoin im Jahr 2009 hat die Kryptowährung einen bemerkenswerten Aufstieg erlebt. Von anfänglichen Zweifeln und Unsicherheiten hat sich Bitcoin zu einem weltweit anerkannten Vermögenswert entwickelt. Doch während Bitcoin weiterhin an Popularität gewinnt, stellt sich die Frage, ob es an der Zeit ist, die Einheiten, in denen Bitcoin gemessen wird, zu überdenken. Eine neue Diskussion hat die Krypto-Gemeinschaft erfasst: Sollte der kleinste Bruchteil eines Bitcoins, der...
Read More »ETH Unable to Breach $2,000 as Bulls Running Out of Steam: Ethereum Price Analysis
Ethereum’s price rally has slowed down in recent weeks. The price has yet to break above the $2,000 level, which is making many market participants worried. Ethereum Price Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been forming higher highs and higher lows since rebounding from the 200-day moving average earlier in June. However, there is a clear lack of bullish momentum, as the ETH price keeps pulling back towards the 50-day moving...
Read More »Celo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10%
CoinspeakerCelo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10% The Celo blockchain currently seeks to transition from an independent layer-1 blockchain to an Ethereum layer-2 solution. Celo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10%
Read More »Ethereum Price Analysis: ETH Could Resume Increase Above $1,950
Ethereum price is eyeing an upside break above the $1,950 resistance against the US Dollar. ETH price is now trading near $1,900 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,890 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,880 support zone. Ethereum price is consolidating above the $1,850 level against the US Dollar. ETH/USD could rise again if it...
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