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Tag Archives: Altcoin News

Ripple Price Analysis: XRP Could Dip Further Before Fresh Increase

Ripple price is struggling to climb above the $0.2850 resistance area against the US dollar.The price is currently declining and it might test the $0.2645 support level.There is a key bearish trend line forming with resistance near $0.2805 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2805 and $0.2850 to start a strong increase in the coming sessions.Ripple price is currently struggling below $0.2850 against the US Dollar. XRP price could dip...

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The Libra Association Says “Welcome Aboard” to Shopify

While Libra may not have that many fans as of late, it looks like some companies are simply dying to jump on board.Libra Gains a Pal in ShopifyThe Libra Association has just announced that Shopify – an e-commerce platform provider – has entered the frame and will be responsible for the decision-making processes surrounding Libra and Calibra in the coming future. Shopify states that the addition of Libra to the financial spectrum is likely to increase the strength, durability and safety behind...

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Randal Quarles: We Don’t Understand Enough About Crypto and Stable Coins

Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other cryptocurrencies seriously enough, which could potentially bear harsh consequences for the world’s many banks.Randal Quarles – People Need to Wake Up When It Comes to CryptoQuarles points to things like Libra and says that this cryptocurrency and others like it are signs that the financial space has changed extraordinarily over the past year alone....

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Bitcoin Cash Analysis: Fresh Rally Likely Above $410

Bitcoin cash price declined recently below the $424 and $400 support levels against the US Dollar.The price is currently recovering above the $370 level after testing $350.There is a key declining channel forming with resistance near $390 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $390 and $400 resistance levels.Bitcoin cash price is showing signs of a decent recovery from $350 against the US Dollar. BCH/USD must...

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Coinbase and Visa Join Hands to Give Customers Crypto-Backed Debit Cards

For the first time in history, a major credit card company is working hand-in-hand with one of the world’s leading crypto exchanges. Visa has granted full membership benefits to Coinbase – one of the largest and most popular crypto trading platforms in the United States – and is allowing the company to begin issuing cryptocurrency-based debit cards to its customers.Coinbase and Visa – Together At Last?The cards are being released starting this month, though the partnership was initially...

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EOS Price Analysis: Decline To Extend Below $3.80

EOS price failed to stay above $5.000 and declined heavily below $4.400 against the US Dollar.The price even dipped below the $4.000 support area and tested the $3.650 level.There was a break below an ascending channel or a bearish flag with support near $4.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to recover above $4.200 and $4.400 in the near term.EOS price is showing signs of more weakness below $4.000 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Vulnerable To A Drop Below $75

Litecoin price started a sharp decline from the $80.00 resistance area against the US Dollar.LTC price broke the $75.00 support area to move into a short term bearish zone.There is a key bearish trend line forming with resistance near $75.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could accelerate its losses if it breaks the $67.50 and $65.00 support levels.Litecoin price is showing bearish signs against the US Dollar, similar to bitcoin. LTC price could...

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Future Samsung Phones to Come Equipped with Digital Wallets

Samsung, the South Korean conglomerate and maker of smartphones, is becoming one of the biggest cryptocurrency and bitcoin supporters throughout the globe.Samsung Is Doing a Big Thing for CryptoThe company – which at press time, accounts for nearly 20 percent of the world’s total smartphone sales – has begun releasing its new 5G smartphones which provide blockchain and bitcoin support for users. Each phone comes equipped with a digital wallet that owners can utilize should they ever decide to...

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Cardano (ADA) Price Analysis: Fresh Increase Above $0.065 Likely

ADA price found support near the key $0.0560 and $0.0550 levels against the US Dollar.The price recently recovered and climbed above the $0.0600 resistance area.There is a key contracting triangle forming with resistance near $0.0640 on the 4-hours chart (data feed via Kraken).The price must climb above the $0.0640 and $0.0650 resistance levels to start a fresh increase.Cardano price is slowly gaining pace above $0.0600 against the US Dollar, similar to bitcoin. ADA price is likely to...

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Crypto Platform Leader Explains How Bitcoin Is Manipulated

Bitcoin has dropped approximately $800 over the past week, and many are starting to wonder if the currency has lost its momentum.Could Bitcoin Be Manipulated Again?For the past several days, bitcoin has been trading below the $10,000 range. It’s unclear, specifically, what could be causing the currency to lose its footing. Perhaps fears of the coronavirus are settling down. Perhaps the cryptocurrency has lost some popularity. In any case, Changpeng Zhao – the CEO of Binance in Malta – states...

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