Tag Archives: Altcoin News

Tron price started a fresh decline from well above $0.0300 against the US Dollar.TRX price is now trading below the $0.0280 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $0.0280 on the 4-hours chart (data feed via Bitfinex).The pair could continue to move down if it fails to stay above the key $0.0265 support zone.TRON price started a fresh decline after it failed to stay above $0.0312 against the US Dollar, while...

Just yesterday, Live Bitcoin News reported that the Securities and Exchange Commission (SEC) was looking into the possibility of suing Ripple, one of the top five cryptocurrency ventures in the world. Now, it looks like “looking into” has become “taking legal action,” as the governing financial agency has filed charges against the firm for allegedly ignoring securities advice and selling unregistered tokens.Ripple and the SEC Will Go Head to Head in CourtThere has been a lasting argument...

ADA price started a fresh increase above the key $0.1550 resistance against the US Dollar.The price is now trading well above $0.1700 and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $0.1650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards $0.1950 and $0.2000 in the coming sessions.Cardano price is showing positive signs above $0.1700 against the US Dollar, similar to bitcoin. ADA...

Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...

The fight between Ripple and the Securities and Exchange Commission (SEC) just got a lot dirtier. The government agency plans to sue the cryptocurrency company for selling unregistered securities.Ripple and the SEC Will Duke It OutRipple has been at the center of classification arguments since its inception. Is its issued cryptocurrency – known as XRP – a valid form of money? Or is it a security that must be regulated in a specific way? The debate goes back and forth. Either way, things are...

Ripple price struggled to recover above $0.3800 and started a fresh decline against the US dollar.The price is now trading below the $0.3000 support zone and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.3850 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could continue to move down below $0.2800 and $0.2650 in the near term.Ripple price is showing bearish signs below $0.3000 against the US Dollar. XRP...

An unnamed individual in Rome, Italy has been accused of one of the largest cryptocurrency fraud schemes ever recorded in the space’s short, yet significant history. As it stands, police investigators are only claiming that the man allegedly responsible possesses the initials “F.F.” and that he is roughly 34 years of age. Not much else is known about him at press time.Italy Is at the Center of a Crypto Fraud InvestigationThe fraud is reported to have occurred last year in 2019. It happened...

It’s happened again, folks. Another cryptocurrency exchange hack is in the books. This time, the victim is EXMO based in the United Kingdom. At the time of writing, roughly five percent of the platform’s assets have disappeared.EXMO Has Been HackedEXMO reported earlier in the week that several of its hot wallets had been compromised by thieves. This is consistent in the crypto space and it has been reported time and time again that hot wallets do not possess the security and strength of cold...

It looks like Australia is becoming a super haven for cryptocurrency and blockchain activity. According to a new survey, it appears that roughly 20 percent of the residents of the Great Outback have either owned cryptocurrency in the past or possess it at the time of writing.Australia and Cryptocurrency Are Becoming Long-Term PartnersThe survey comes by way of the Independent Reserve Cryptocurrency Index (IRCI). The platform conducts this survey annually and has discovered that 2020 was the...

Elon Musk is at it again when it comes to crypto, and as time goes by, it’s getting harder and harder to take the SpaceX and Tesla CEO seriously. He can’t seem to get a grasp on his comments, and many digital analysts and traders, at this stage, are likely thinking the same thing: make up your mind!Elon Musk Suddenly Doesn’t Care for BTCOne minute, Musk is acting like crypto is the greatest invention known to man. The next minute, he’s saying that it all smells foul and that people should...