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Stellar lumen price started a fresh decline from the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.1160 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support at $0.1182 on the 4-hours chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is trading below $0.1200 against the US Dollar, similar...

Ripple price started a strong increase above $0.450 resistance against the US dollar. The price is now trading above $0.4500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.4710 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise again if it stays above the $0.4700 and $0.4500 support levels. Ripple price is correcting gains from $0.5580 against the US Dollar, unlike...

Tether, the operator of the third-largest cryptocurrency with a market cap of almost $70 billion, announced the USDT launch on Polkadot. Thus, the stablecoin is now available on roughly a dozen blockchain networks. The announcement from the company described Polkadot as a “full-stack Web 3 ecosystem built for the multi-chain future.” Adding that it has a “multi-chain application environment where activities such as cross-chain registries and cross-chain computation are...

The IRS is going after crypto owners who fail to report gains on their taxes. The US tax authority got a court order Thursday enjoining an NYC bank to turn over records on potential crypto tax dodgers. While crypto markets appear in the throes of “winter” against buys made last November to date, half of the bitcoin holders are holding at a profit. The IRS requires US taxpayers who sell bitcoin or any cryptocurrency at a profit to report it. And it is willing to use all means...

Ripple, as the fourth-largest cryptocurrency by market capitalization, saw increases of over 30% during the last 7 days, according to CoinGecko.  The price extended to nearly $0.56 on Friday but got quickly rejected. Technical Analysis By Grizzly The Daily Chart The XRP/USDT trading pair reached a key support turned resistance level, for the first time since May 9, on the daily chart. Additionally, the price finally closed a daily candle above the 200-day moving average line...

The news of Jesse Powell, the CEO of Kraken, stepping down from the position at the cryptocurrency exchange he founded in 2011 is a significant shake-up. The exec recently came under fire for allegedly “fostering a hateful workplace and damaging their mental health,” according to a New York Times feature. But Powell believes the entire fiasco was a “blessing in disguise” and that it turned out positively for the company. Powell’s Comments Post Step Down Despite the market...

Entretien avec Fanis Michalakis, développeur chez LNMarkets. Réalisation : Guillaume Goualard pour Grand Angle Crypto

Bitcoin price retested the $18K support level Friday. That’s the third time in a week, with the crypto failing to pass resistance at $19.5K twice on the 5-day chart. The crypto exchange price for a piece of the world’s original blockchain currency continues to consolidate at around $19K. That has been the trend for Bitcoin (BTC) over the month of September. Over the six-month chart, year-to-date, and one-year view, bitcoin is deeply in the red. It’s the third prolonged...

The price of bitcoin seems stuck around the $19,000 level for the past few days, and the asset has remained there now as well. Most altcoins are also calmer on a 24-hour scale on Sunday, with Chainlink emerging as today’s top performer. Bitcoin Quiet at $19K Although bitcoin is quite stagnant now, this wasn’t the case earlier this week. The asset had jumped from $18,300 to $20,000 in a day ahead of the US Federal Reserve’s latest interest rate hike, but once the increase of...