Tag Archives: Altcoin News

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...

Tron price started consolidating in a range above the $0.0265 support against the US Dollar.TRX price is showing positive signs above the $0.0265 level and the 55 simple moving average (4-hours).There is a crucial contracting triangle forming with resistance at $0.0272 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a fresh increase if there is a clear break above the $0.0275 resistance.TRON price is showing positive signs above $0.0250 against the US Dollar, while...

ADA price declined below $0.1060, but it found support near $0.1000 against the US Dollar.The price is facing hurdles near $0.1055 and it is well below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $0.1054 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1055 resistance or it might revisit the $0.1000 support.Cardano price is trading below key hurdles near $0.1055 against the US Dollar, while...

Ethereum price started a downside correction from the $421 swing high against the US Dollar.ETH price is currently trading well above $380 and testing the 55 simple moving average (4-hours).There was a break below a major declining channel with support near $400 on the 4-hours chart (data feed from Coinbase).The pair is currently holding the main $380 support level, but it must clear $402 for a fresh increase.Ethereum price is correcting losses and holding the $380 support against the US...

Stellar lumen price traded to a new monthly high at $0.0878 against the US Dollar.XLM price is currently correcting lower below $0.0850 and testing the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $0.0840 on the 4-hours chart (data feed via Kraken).The pair could correct lower, but the $0.0800 and $0.0785 support levels might provide support.Stellar lumen price is trading in a positive zone above $0.0800 against the US Dollar, similar...

Ripple price started a fresh increase after it cleared the $0.2500 resistance against the US dollar.The price is now trading well above the $0.2520 pivot level and the 55 simple moving average (4-hours).There are two bullish trend lines forming with support near $0.2520 and $0.2480 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 $0.2590 and $0.2600 resistance levels.Ripple price is trading is a bullish zone above...

The Securities and Exchange Commission (SEC) has penalized Kik for launching an initial coin offering (ICO) that allegedly did not go through the appropriate registration protocols with the agency. Kik is now being required to fork out a $5 million fee.The SEC and Kik Have Reached a SettlementThe SEC has sworn up and down over the past few years that it would go after all token offerings that have in some way or another gone against its rules. It has warned many crypto ventures offering...