Tag Archives: Altcoin News

Ethereum price started a fresh decline from well above $392 against the US Dollar.ETH price is currently trading below the $385 support and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $397 on the 4-hours chart (data feed from Coinbase).The pair is testing the $372 support and there is also a major support at $365.Ethereum price is declining and trading below $390 against the US Dollar. ETH/USD must stay above the $365 support to...

Harpreet Singh Sahni – a socialite from India – has admitted to being involved in a rather large cryptocurrency scam… One that’s cheated people out of roughly $50 million.Sahni Knowingly Took Part in a ScamAs of late, the world is witnessing its fair share of malicious crypto activity. Among the latest examples include a crypto scam that overtook the campaign website for current US President Donald Trump, who is presently up for re-election in about 24 hours.Malicious actors took over the...

Stellar lumen price traded as low as $0.0745 and it is currently recovering against the US Dollar.XLM price is facing hurdles near $0.0800 and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0782 on the 4-hours chart (data feed via Kraken).The pair could start a strong increase if there is a clear break above the $0.0800 resistance zone.Stellar lumen price is showing signs of a fresh increase above $0.0750 against the US...

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...

Top U.S. cryptocurrency exchange Coinbase has unveiled a new bitcoin debit card that allows users to draw money from attached cryptocurrency accounts and retailers to garner profits and funds in USD. The card can be used anywhere Visa is accepted.Coinbase Issues New Rewards CardThe idea is that bitcoin and other cryptocurrencies are not utilized for payments enough given that they are too volatile and that transactions can often take extremely long periods to clear. If a person goes into a...

Bitcoin cash price rallied and gained pace above the $255 and $260 resistance levels against the US Dollar.The price traded to a new monthly high at $280 before starting a downside correction below $270.There is a key bullish trend line forming with support near $260 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to retest the $255 support zone before it starts a fresh increase in the near term.Bitcoin cash price remained in a bullish zone above $250...

It’s happened again, folks. Bad actors have made their presence known in the cryptocurrency space and another exchange has been targeted in what appears to be a rather expensive hack. Harvest Finance, a web portal that allows consumers to trade and invest digital currencies and then garner interest on their holdings, has been targeted, and reports losing as much as $24 million in a recent attack.Harvest Finance Is the Latest Hacking VictimThis is nothing new, and at this stage, it’s likely...

EOS traded to a weekly high at $2.755 before starting a downside correction against the US Dollar.The price is currently trading above $2.620 and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance near $2.688 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could resume its rise if it clears the $2.700 and $2.720 resistance levels in the near term.EOS price is holding important supports above $2.600 against the US...

Litecoin price traded to a new monthly high at $60.92 before correcting lower against the US Dollar.LTC price is currently trading above the $55.00 support level and the 55 simple moving average (4-hours).There was a break below a major ascending channel with support near $56.15 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it stays above the $55.00 support in the near term.Litecoin price is correcting gains from the $61.00 zone...

Following news that PayPal would allow its customers to pay for goods and services with crypto assets like bitcoin, the digital payments firm has announced that it is ending its relationship with a venture known as Epik due to alleged risks and other issues stemming from the company’s crypto department.PayPal Says Adios to EpikTypically, the company works with PayPal by registering web domains and hosting the enterprise’s transactions, though these transactions will no longer be processed for...