Markets

Stellar lumen price climbed above the $0.1000 resistance level against the US Dollar.XLM price struggled to extend gains above $0.1100 and started trading in a broad range.There is a key bullish trend line forming with support near $0.0970 on the 4-hours chart (data feed via Kraken).The pair could extend its decline towards the $0.0870 support if it settles below $0.0950.Stellar lumen price is struggling to follow bitcoin’s rally against the US Dollar. XLM price must settle above $0.1000 and...

Ripple price rallied recently after a successful close above $0.2000 against the US dollar.The price tested the $0.2250 resistance zone and recently corrected lower.There is a crucial bullish trend line forming with support near $0.2140 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move as long as it is above $0.2140 and $0.2120.Ripple price is trading in a nice uptrend above $0.2000 and $0.2120 against the US Dollar. XRP price...

Bitcoin used to show a higher correlation to the stock markets, especially amid the lowest point of the pandemic. However, it has taken a different route during the last few days.Bitcoin-S&P 500 Correlation Departs from ATHTypically, Bitcoin is regarded as an independent asset that often acts as a safe haven. Its fundamentals are different from those driving the stock market. Nevertheless, the oldest cryptocurrency was caught following the American flagship index known as the S&P 500...

The price of Ethereum has been surging over the past few days largely due to the recent price jumps experienced by bitcoin, the world’s leading cryptocurrency by market cap. However, the Ethereum jump can also potentially be traced to a recent announcement made by payment processing company Visa that it would put much of its focus towards stable currencies in the coming months.Visa Is Making Stable Coins MainstreamEthereum is the world’s second-largest cryptocurrency by market cap after...

Crypto security expert Harry Denley has done it again. The antiphishing professional, in association with Binance, helped a victim get back $10,000 worth of lost cryptocurrency. Previously ‘Helping Harry’ had recovered $4000 worth of stolen crypto funds for a user.Fake MetaMask and Uniswap UI Used for Stealing CryptoIn his latest blog article, Harry Denley, a security and antiphishing expert at cryptocurrency management firm MyCrypto recounted an incident where he intercepted $10,000 worth of...

Ethereum (ETH) price jumped to over $300 in a major rally as the Ethereum network sees a significant surge in daily transactions. The price rally comes as the developers plan to launch the Ethereum testnet on August 4.The massive surge in the DeFi activity on the Ethereum blockchain network has ultimately pushed its price higher. The Ethereum (ETH) price has surged over 9% in the last 24 hours. At press time, ETH is trading at a price of $309 with a market cap of $34.6 billion.With this,...

It appears to be obvious that the boring days of Bitcoin trading are over. The cryptocurrency went on a spree over the past week, gaining more than 10% and breaking the coveted $10,000 mark for the first time since June.Bitcoin Price Does it Again: Over $10,000The past couple of weeks were fairly boring when it came to Bitcoin’s price action. After all, the cryptocurrency remained trapped in a very tight range for most of July.This saw the Bollinger Bands squeezing very tightly, which is...

Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low.Altcoins On The RiseThe second-largest cryptocurrency by market cap has kept its decisive move forwards running. Ethereum traded at $235 on July 21st, but it seems that its essential...

Steve Wozniak – the co-founder of Apple Computers – has filed a suit against popular video-streaming website YouTube for allowing bitcoin scammers to use his likeness in their fraudulent advertising.Steve Wozniak Takes Legal ActionThus far, the scam in question is believed to have garnered millions of dollars from users all around the world. While Wozniak is at the center of the lawsuit, the case is a class-action suit that also involves as many as 17 additional victims of the scam who claim...

Bitcoin maintains its position above the $9,500 level, while some altcoins mark impressive gains. Rumors from Binance CEO CZ about an upcoming DeFi involvement send BNB upwards.At the same time, the US stock market indexes decrease in value a bit while gold broke above the coveted level of $1,900 per ounce.Gains In The Crypto MarketAfter yesterday’s sudden loss of over $4 billion for the entire cryptocurrency market cap, today’s situation appears reversed. Bitcoin’s $9,500 support line...