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Tag Archives: Altcoin News

Crypto Gaming Network Axie Hacked; More Than $600 Million Gone

Hackers have stolen roughly $625 million in crypto funds from popular online video game platform Axie Infinity. To date, it is one of the largest crypto thefts to ever occur within the space, and certainly the largest attack to ever occur on a video game venture. Axie Is the Victim of a Major Hack Cryptocurrency has no doubt come a long way since it was first conceptualized 13 years ago. Bitcoin, the world’s biggest cryptocurrency by market cap and the grandfather of all...

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Stellar Lumen (XLM) Price Aims More Upsides Above $0.24

Stellar lumen price started a fresh increase from the $0.2000 support zone against the US Dollar. XLM price is now trading above $0.2200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2300 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear move above the $0.2400 resistance. Stellar lumen price is trading in a bullish zone above $0.2250 against the US Dollar, similar...

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Ripple Price Analysis: Key Hurdle Sits At $0.85

Ripple price started a fresh increase from the $0.7800 zone against the US dollar. The price is now trading below $0.85 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.8450 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase if it manages to clear the $0.8500 resistance zone. Ripple price is struggling to surpass $0.8500 against the US Dollar, similar to...

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Lionel Messi Will Get a Lot of Money to Promote Crypto Firm Socios.com

Lionel Messi – one of the world’s biggest and most popular soccer players – has signed a $20 million deal to promote the crypto company Socios.com, which establishes fan tokens for sports lovers. Lionel Messi Is Joining Hands with Socios.com Messi is now joining a long list of famous and renowned athletes – including LeBron James of the Los Angeles Lakers basketball team and Tom Brady of the NFL’s New England Patriots – to take part in some sort of crypto promotion that...

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Bitcoin Cash Analysis: Bulls Struggle Below $400

Bitcoin cash price started a fresh increase from the $320 support against the US Dollar. The price is now trading above the $360 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $362 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $350 support zone. Bitcoin cash price is showing positive signs above $360 against the US...

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EOS Price Analysis: Rally Could Extend Above $3.20

EOS price started a fresh increase from the $2.20 zone against the US Dollar. The price is now trading above $2.80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $3.02 resistance zone. EOS price is showing positive signs above $2.80 against the US Dollar, similar to bitcoin. The price could...

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Litecoin (LTC) Price Analysis: Bulls Aim Rally Above $135

Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...

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Seven Men from Hong Kong Arrested Following Alleged Kidnapping of Crypto Trader

Seven members alleged to be members of the Hong Kong triad have been arrested in connection with the kidnapping of a cryptocurrency trader. The trader was held last year for ransom that amounted to roughly $3.8 million USD. Seven Hong Kong Men Are Now Facing Life Imprisonment The men have been arrested in mainland China and will be handed over to authorities in their native Hong Kong at the Shenzhen Bay border control point this week. Some of the suspects that were...

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Solana (SOL) Price Analysis: Rally Could Extend Above $115

Solana price started a fresh increase above the $100.00 level against the US Dollar. The price is now trading above $100.00 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $108 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 to continue higher in the near term. Solano price is gaining pace above $105 against the US Dollar, similar to bitcoin. SOL could extend gains if it...

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Vitalik Buterin Isn’t Crazy About NFTs

Vitalik Buterin – known for his role in creating Ethereum, the largest altcoin on the market and arguably bitcoin’s biggest competitor – isn’t a huge fan of non-fungible tokens or NFTs, as they’re called for short. In a recent interview, he warned against NFTs and claimed they were “dystopian.” Vitalik Buterin Doesn’t Like How Big NFTs Have Become Ethereum is largely responsible for giving way to NFTs. These tokens require smart contracts, which up to one point, was...

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