Tag Archives: Altcoin News

Tether and Bitfinex have settled their case with the New York Attorney General’s office. Both companies have agreed to pay as much as $18.5 million to make the issues of the past finally disappear. The Tether Bitfinex Fiasco Has Come to an End Both companies have been under serious investigation for the last few years after having been accused of working to cover up an $850 million loss of both corporate and client funds. As a result of the settlement, both Tether and...

EOS failed to surpass the $5.500 zone and corrected lower against the US Dollar. The price is currently trading well below $4.400 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either recover nicely above $4.000 or it might decline again towards $3.200. EOS price is consolidating losses below $4.500 against the US Dollar,...

Litecoin price started a sharp downside correction from the $250 resistance against the US Dollar. LTC price is now trading well below $200 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $188 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $190 and $200 resistance level for more upsides in the near term. Litecoin price is consolidating losses below $200 against the...

Tron price started a strong decline and traded below the key $0.0500 support against the US Dollar. TRX price is now recovering from $0.0380, but it is still well below the 55 simple moving average (4-hours). There was a break below a key contracting triangle forming with support near $0.0560 on the 4-hours chart (data feed via Bitfinex). The pair could start a fresh increase if it clears the $0.0510 resistance zone in the near term. TRON price is correcting losses above...

ADA price extended its rally and it even surged above the $1.00 resistance against the US Dollar.The price is trading nicely above the $0.9500 support and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.9550 on the 4-hours chart (data feed via Bitfinex).The price is likely to continue higher above the $1.05 unless there is a close below $0.9500.Cardano price is trading in a strong uptrend above $0.9500 against the US Dollar, similar to...

Ethereum price traded to a new all-time high at $2,043 before correcting lower against the US Dollar.ETH price is currently trading well below $1,750 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue lower towards the $1,640 and $1,600 levels in the near term.Ethereum price is correcting gains from well above $2,000 against the US Dollar. ETH/USD...

Who would have ever thought that the world of blockchain technology and the world of art would ever collide? The past few years have shown that digital artists can, indeed, make a nice living with blockchain’s help, and now Christie’s Auction House is looking to get in on the action.Christie’s Auction House Views ETH with PositivityThe company has recently stated that all art pieces put up for sale or auction in the future can be paid for with Ethereum, the second-largest cryptocurrency by...

Stellar lumen price failed to settle above $0.5500 and corrected lower against the US Dollar.XLM price is now trading well below $0.5200 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $0.5000 on the 4-hours chart (data feed via Kraken).The pair could continue to move down towards the $0.4400 and $0.4200 support levels.Stellar lumen price is correcting gains below $0.5000 against the US Dollar, while bitcoin remains strong. XLM...

Ripple price failed to extend gains above the $0.5800 resistance level against the US dollar.The price is now trading well below the $0.5500 zone and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $0.5550 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue lower towards the main $0.4650 support zone in the near term.Ripple price is struggling to settle above $0.5200 against the US Dollar. XRP...

Bitcoin may be hogging all the spotlight as of late, but we cannot discount some of the smaller competing altcoins that also call the crypto space home. One of those altcoins is Ethereum, the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, Ethereum has hit a new all-time high of more than $1,900 per unit, and the asset appears to be on a serious roll.Ethereum Has Surged Like No Other CoinBitcoin doing well is typically good news...