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Tag Archives: Altcoin News

Appeals Judge Allows NY Investigation Into Tether Stable Currency

An investigation into the Tether stable currency is presently underway following a request granted by an appeals court to the New York Attorney General’s office.Tether Is Under FireThis presents a major problem for Tether developer Brock Pierce, one of the top dogs in the world of digital assets. The 39-year-old recently announced his plan to run for president as an independent (with only four months left to go before the election) and is opening his campaign with several unique promises such...

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Tron (TRX) Price Analysis: Bulls Struggling To Defend Key Uptrend Support

Tron price started a downside correction from the $0.0190 zone against the US Dollar.TRX price declined below $0.0180 and it is currently trading near the $0.0172 support zone.There is a crucial contracting triangle forming with resistance near $0.0181 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong downward move if it breaks the $0.0172 and $0.0170 support levels.TRON price is trading near a major support zone against the US Dollar, similar to bitcoin. TRX price...

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Ethereum Price Analysis: ETH Approaching Next Significant Break

Ethereum price started a downside correction from the $249 swing high against the US Dollar.ETH price is currently consolidating above the $236 support and near the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $244 on the 4-hours chart (data feed from Coinbase).The pair could either climb again towards $250 or it might dive below the $236 support.Ethereum price is struggling to stay above the $236 support against the US Dollar. ETH/USD...

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Chainlink Is Exploding in Price as of Late

It looks like Chainlink (LINK) is today’s big gainer. Despite mediocre activity amongst some of the leading cryptocurrency assets – i.e. bitcoin, Ethereum, Ripple, etc. – the asset has shot up by more than 1,000 percent since May of last year.Chainlink Is on a Serious RollMany of the primary cryptocurrencies within the space have been hit hard by the coronavirus-induced global market crash, which ultimately caused assets like bitcoin to temporarily lose as much as 70 percent of their values...

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Crypto Fans in Japan Have Increased Their Stashes

People holding cryptocurrency in exchanges based in Japan apparently increased their holdings of bitcoin, Ethereum and Ripple over the past few months. BTC, ETH and XRP are the three largest cryptocurrencies in the industry by market cap.Japan Is Still a Major Crypto HubThe surge in holdings appears to stem from the spread of the coronavirus, which has led to the shuttering of the global economy and the ravaging of global financial tools. The virus first began to spread in late 2019, but by...

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Stellar Lumen (XLM) Price Signaling Fresh Rally Above $0.10

Stellar lumen price started a strong increase above the $0.0880 and $0.0950 resistance levels against the US Dollar.XLM price traded to a new monthly high at $0.1008 and it is currently consolidating gains.There is a major breakout pattern forming with resistance near $0.0950 on the 4-hours chart (data feed via Kraken).The pair could start a fresh rally if it breaks the $0.0950 and $0.1000 resistance levels.Stellar lumen price is trading in a nice uptrend against the US Dollar and bitcoin....

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Ripple Price Analysis: Uptrend Intact In XRP Above $0.19

Ripple price rallied above the $0.2000 resistance before correcting lower against the US dollar.The price is currently trading above the $0.1980 support and the 55 simple moving average (4-hours).There is a crucial breakout pattern forming with resistance near $0.2000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is showing signs of more gains above the $0.2000 and $0.2020 resistance levels.Ripple price is trading in a positive zone above $0.1980 and $0.1900...

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The Dogecoin Price Just Keeps Going Up

Dogecoin has been spiking hard all week, and crypto analysts everywhere are desperate to find out why.Why Is Dogecoin Pumping So Wildly?The currency initially began as a joke – a rival of bitcoin that was never designed to be taken seriously. After all, the asset’s mascot is a cute little Shiba Inu, not the hardcore dollar sign-shaped B that has become so synonymous with bitcoin.However, something strange has been happening with the currency, which was declared to have a $1 billion market cap...

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John McAfee Offers Phone Based on Ghost Coin Tech

Controversial anti-virus mogul John McAfee is releasing his new Ghost Cell Phone Data Service in line with his recently released Ghost Coin.John McAfee to Release Privacy-Centered PhoneLike the currency, the phone plan is established with untraceable technology, meaning anyone who uses it cannot be tracked. They will allegedly remain completely anonymous, and their private data will not be vulnerable to outside parties or prying eyes. The phone features a 4G data service and will launch this...

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Bitcoin Cash Analysis: $230 Holds The Key But Can Bulls Clear $245?

Bitcoin cash price is currently facing a strong resistance near the $245 level against the US Dollar.The price is currently correcting lower and approaching the $230 support zone.There is a major bullish trend line forming with support near $230 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair must stay above the $230 support to make another attempt to clear the $245 resistance.Bitcoin cash price is correcting gains from the $245 hurdle against the US Dollar....

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