Litecoin price remains in a bearish zone below $220 and $200 against the US Dollar. LTC price is now trading below the $200 level and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $210 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to accelerate lower as long as it is below $200 and $220. Litecoin price is struggling to clear the $200 barrier against the US Dollar,...
Read More »Ripple and BankDhofar to Deliver Real-Time Payments from Oman to India via RippleNet
According to Ripple, BankDhofar customers will be able to send and receive up to 1,000 rials ($2,600) to accounts in India.Ripple has announced a partnership with Oman bank BankDhofar, and will now deliver the first real-time payments between Oman and Indian citizens using its RippleNet. Customers of the Middle-Eastern bank can now send real-time payments to Pune-based IndusInd accounts as well as connect and benefit from cross-border payments.BankDhofar is Oman’s second-largest bank and the...
Read More »Crypto Market Cap Recovers $600B in Three Days as Bitcoin Tops $40,000 (Market Watch)
It has taken bitcoin five days to recover the most recent losses and jump above $40,000. Most altcoins are well in the green, too, with Ethereum reaching $2,900 and BNB nearing $400. Bitcoin Tops $40K The primary cryptocurrency experienced numerous corrections in the past few weeks. The latest started on Friday following more FUD from China. In a matter of hours, bitcoin fell from $42,000 to a daily low of $34,000. The situation worsened during the weekend, and BTC slumped to...
Read More »CNBC Includes Ripple In Its 50 Disruptor Companies List
Ripple has been included in CNBC’s Disruptor 50 as the #38 of most successful private companies this year —primarily due to its innovative approach towards borderless payment technology and becoming one of the largest crypto companies in the world. This year’s CNBC’s Disruptor 50 is the ninth annual list of private companies thriving amidst the pandemic and making innovative approaches in their business models and the fields they’re in. Some of the listed companies include...
Read More »Ripple Price Analysis: XRP Sees 8% Daily Bounce but is $1 in Sight?
XRP/USD – Bulls Bounce Back Above 2020 High Key Support Levels: $0.82, $0.75, $0.65Key Resistance Levels: $0.89, $1.00, $1.05. Like most cryptocurrencies, XRP had a rough week in which it dropped by a steep 41%. It reached a low of $0.62 yesterday but managed to rebound to close the daily candle at around $0.79. The bulk of the weekly price drop occurred on Wednesday when XRP fell from $170 to reach as low as $0.75 (.786 Fib). On that day, it managed to rebound to close the...
Read More »$1.2 Billion Liquidated As Bitcoin Sees 15% Price Collapse In 24 Hours
Bitcoin chopped downwards today towards $31K, looking to retest local lows made earlier in the week just around the $30K mark, according to Bitstamp. According to data from Bybt, over the past 12 hours the crypto markets saw liquidations of over $1.2 Billion in trader positions. As of writing these lines, BTC price is decreasing 15% over the past 24 hours, whereas major altcoins were hit even harder, with ETH down 21% to a current daily low of $1730, XRP down 24% to $0.65 –...
Read More »Help Cryptocurrency Exchange Phemex Find Laszlo Hanyecz
This Bitcoin Pizza Day, Phemex is offering the developer a lucrative opportunity to deposit 10,000 BTC on the Earn Crypto platform, as a token of appreciation for his efforts in the mining space.Bitcoin is just a small but groundbreaking glimpse into the big disruption that would ripple through the world of finance for many years to come. Over the last decade, Bitcoin and by extension, the cryptocurrency industry, has sent the world of legacy banking systems into somewhat of a tailspin. It...
Read More »Bitcoin Dipped to $33,500 Amid The News From China: Dominance Soars As Altcoins Plunge (Market Watch)
With bad news attacks coming from all directions over the past week, bitcoin’s price fails to recover any of the recent losses. In the past 24 hours alone, the cryptocurrency fell by almost $10,000 following another set of China FUD. Most altcoins have it even worse, with double-digit price slumps charted from ETH, BNB, ADA, DOGE, XRP, and more. China Causes Another $9K Dip for BTC Bitcoin has seen better days. The massive sell-off during the week caused substantial...
Read More »Crypto Price Analysis & Overview May 21st: Bitcoin, Ethereum, Ripple, Binance Coin, and Polkadot
The past seven days were particularly volatile and, unfortunately for many, bears had the upper hand. Bitcoin dropped to a price not seen since January, while the rest of the market followed. Bitcoin Bitcoin is down another 18.5% this week as it trades near $40,900. The cryptocurrency is now down by a total of around 35% from the $64,895 all-time high set in April. BTC saw an extremely volatile week in which prices dropped as low as $30,000 on Wednesday – hitting levels not...
Read More »Litecoin (LTC) Price Analysis: Bulls Facing Uphill Task Near $220
Litecoin price declined sharply below $350 and $300 against the US Dollar. LTC price is now trading well below the $250 level and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $255 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is correcting losses, but it is likely to face sellers near $220 and $250. Litecoin price is correcting losses from the $145 support zone against the US...
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