Ledger customers are now facing a significant increase in phishing attempts after a major leak of email and private information affected them in early 2020.Crypto scammers have managed to conduct a successful scam that netted at least 1,150,000 XRP from unsuspecting Ledger users. As the world shifts do the digital space to combat the spread of COVID-19, more scammers and cybercriminals have come up. These criminals have attacked almost every facet of the digital space, and cryptocurrencies...
Read More »Market Watch: The Altcoins That Suffered Hardest Despite Bitcoin’s Latest Rally
The cryptocurrency community is buzzing with reports and tweets about the prices. Bitcoin is frequently marking fresh yearly highs. Even the 2019 record of nearly $14,000 was taken down and seems far behind. Just yesterday, the primary cryptocurrency gained about $1,500 of value in 24 hours. As something similar occurred precisely three years ago, before the all-time high of $20,000, it got the community speculating and anticipating a new record. Although most alternative...
Read More »Ripple Price Analysis: Despite The Bitcoin Rally, XRP Is Struggling Below $0.25
XRP/USD – Bulls Face Resistance At 100-days EMA Key Support Levels: $0.24, $235, $0.228.Key Resistance Levels: $0.251, $0.261, $0.271. XRP fell lower from resistance at a falling trend line toward the end of October. It initially found support at the 200-days EMA at $0.24 but broke beneath it in November. After that, XRP continued to drop into the support at $0.235 and held here over the past few days. The coin has since rebounded and it pushed higher today but is facing...
Read More »Litecoin (LTC) Price Analysis: Bulls Eyeing Fresh Rally To $60
Litecoin price found support near the $51.20 level and recently corrected higher against the US Dollar.LTC price is currently trading above the $54.00 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $54.70 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $56.00 resistance level in the near term.Litecoin price is showing positive signs above $54.00...
Read More »Ripple, PayPal and Twitter Join Forces to Ensure Fair Elections in U.S.
Their Civic Alliance positions itself as a “non-partisan group of businesses working together to build a future where everyone participates in shaping the country”.The U.S. is holding the presidential election today, and this year, the process is especially hot and loud. To ensure that the election is fair and unbiased, more than 993 companies have joined forces and created a non-partisan group called Civic Alliance. The members include blockchain company Ripple, online payments giant PayPal...
Read More »Ripple Price Analysis: XRP Struggles to Remain Above $0.24 As Bitcoin Dominates
XRP/USD – Buyers Continue To Defend October Lows Key Support Levels: $0.235, $0.228, $0.22.Key Resistance Levels: $0.245, $0.251, $0.261. XRP fell beneath the symmetrical triangle pattern at the end of October and headed toward the 100-days EMA. It found support at the 200-days EMA but fell below it yesterday. Despite this, XRP remained supported at $0.228 (.618 Fib & October lows). A break beneath this level is likely to send XRP on a downward spiral toward $0.20. On...
Read More »Altcoin Nightmare: Market Cap Down $10 Billion as Bitcoin Dominance Surges
Bitcoin continues to struggle ever since it peaked above $14,100 during the weekend. The situation with alternative coins is even worse, and the total market capitalization has dipped to about $390 billion. Bitcoin’s Struggles Since Its 1,000-Day Peak CryptoPotato reported over the weekend that the primary cryptocurrency spiked to a new 2020 high of about $14,100. The difference between this record and the previous ones registered in October was that it surpassed the 2019’s...
Read More »Monday’s Market Watch: Bitcoin Drops $300 In Minutes, Elections Volatility Incoming?
Bitcoin has failed to sustain its level above $14,000 after breaking it a few days ago. In fact, the cryptocurrency saw a sharp decline in just a few minutes as it lost about $300. Bitcoin’s dominance has also decreased over the past 24 hours by almost 0.5% which means that altcoins are trying to claim new grounds. Bitcoin Stalls Beneath $14K The primary cryptocurrency made the headlines on Saturday as it finally broke the 2019 high. In fact, Bitcoin jumped above $14,000 for...
Read More »Ripple Price Analysis: Fresh Rally Likely if it Clears $0.246
Ripple price declined heavily from well above the $0.2500 level against the US dollar.The price traded as low as $0.2315 and settled below the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.2460 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to start a fresh rally if it clears the $0.2440 and $0.2460 resistance levels.Ripple price is struggling to gain pace above $0.2425 against the US Dollar. XRP...
Read More »Sunday’s Digest: Bitcoin Struggling At June 2019 Highs, Altcoins Continue To Bleed Against BTC
Bitcoin finally broke the 2019 high after a brief spike that took it above $14,100 yesterday (Bitstamp). With its impressive leg up, BTC has continued to increase its dominance over the altcoins, most of which keep decreasing in their value against the primary cryptocurrency. Bitcoin Price Is Trading Around The June 2019 High Ever since BTC began increasing in value a few weeks ago, the crypto bulls anticipated when new highs will arrive. Bitcoin didn’t disappoint and kept...
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