Ethereum Ethereum is up a solid 9% today as the cryptocurrency surges past $3000 again. The coin has now broken the upper boundary of the previous range that it was trading inside over the past fortnight. The range was between $3150 and $2800 and Ethereum bounced from the lower boundary on Wednesday, where it found support at the 100-day MA. Since then, ETH managed to break the September descending trend line and head back above the 20-day MA. Looking ahead, the first...
Read More »Litecoin (LTC) Price Analysis: Recovery Possible Above $155
Litecoin price declined heavily below $165 and tested $155 against the US Dollar. LTC price is now trading below $160 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $148 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $155 resistance to start a decent recovery in the near term. Litecoin price is recovering losses from $140 against the US Dollar, similar to...
Read More »Ripple Announces $250M Fund for NFT Projects on XRP Ledger
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Read More »Ripple to Launch a $250M Creator Fund to Bring NFTs to XRP Ledger
Ripple has announced the establishment of a new fund worth $250 million to support the building of non-fungible token projects on its XRP ledger. The company promised to provide artists with the necessary support. Ripple took it to Twitter earlier on September 29th to outlined its newest endeavor, which this time will focus on the NFT industry. The new product, dubbed the $250M Creator Fund, is set to “enable creators to explore new use cases for NFTs on the XRPLedger and...
Read More »Zizzz öko-Schlaf – akzeptiert jetzt auch Bitcoin
Zizzz.ch akzeptiert nun auch Zahlungen in digitalen Währungen wie Bitcoin. Dank der Partnerschaft mit Coinqvest können Zizzz Kunden nun mit Bitcoin, Ethereum, Litecoin, Ripple XRP oder Stellar Lumens auf der sicheren Coinqvest-Plattform bezahlen. Wie es sich für ein E-Commerce-Unternehmen gehört, sind Innovation und Pioniergeist Teil der Unternehmenskultur von Zizzz. Zizzz strebt ausserdem ein möglichst einfaches und bequemes Kundenerlebnis an, und...
Read More »Ripple Price Analysis: XRP Bulls Defend 100-Day MA but What’s Next?
XRP/USD – Bulls Continue To Defend 100-day MA. Key Support Levels: $0.875, $0.8282, $0.8.Key Resistance Levels: $0.95, $1.0, $1.05. XRP might be beneath the crucial $1 level but is doing well to hold the 100-day MA. The coin established the support at $0.875 (.618 Fib & 100-day MA) last week and rebounded from there to meet resistance at $1. Since hitting $1, XRP has moved sideways inside a range between $1 and $0.875. In addition to this, XRP is also trading inside a...
Read More »Former US Treasurer Says BTC and ETH Are Speculative, Backs XRP Instead
Rosie Rios – 43rd Treasurer of the United States – recently voiced her support for XRP. Meanwhile, she implies that Bitcoin and Ethereum are merely speculative assets by comparison. Rios Backs Ripple The former treasurer tweeted her thoughts yesterday, stating that XRP has a role in facilitating cross-border payments, while the current top cryptocurrencies lack a comparable value proposition. XRP’s primary purpose is facilitating cross border payments while other #Cryptos...
Read More »Ripple Price Analysis: Bulls Eye Recovery Above $1
Ripple price started a major decline from the $1.12 resistance against the US dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.9750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if there is a clear break above $1.00. Ripple price is showing bearish signs below $1.00 against the US Dollar, similar to...
Read More »Volatile Weekend: Bitcoin Plunged to $40.7k, and Spiked to $43k In Minutes (Updated Market Watch)
After the relatively positive Saturday, the bears have returned to the market and pushed bitcoin south to below $41k. The alternative coins have also suffered badly, with ETH dropping beneath $2,800. Update: shortly after the first publishing of this market update, Bitcoin managed to recover from the massive dump – which resulted in a current daily low of $40.8k, according to Bitstamp. The primary cryptocurrency saw a decent recovery: In less than one hour, BTC spiked almost...
Read More »Decentralized Exchange Portal Gets a Lot of Money from Coinbase
Portal – a layer two wallet system and cross-chain decentralized exchange centered around bitcoin – has received approximately $8.5 million in new funding from Coinbase, one of the world’s most popular digital currency platforms. Portal works to establish defi products using bitcoin that cannot be censored and enables private cryptocurrency trades. Portal Snags a Lot of Dough In addition to Coinbase, funds came by way of some of the biggest capital venture funds in the...
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