Tag Archives: Altcoin News

Tron price rallied recently and climbed above the key $0.0185 resistance area against the US Dollar.TRX price is currently correcting lower and it remains well bid above the $0.0190 and $0.0185 levels.There is a contracting triangle forming with resistance near $0.0220 on the 4-hours chart (data feed via Bitfinex).The price is likely to climb higher once again above the $0.0220 and $0.0240 resistance levels.TRON price is trading nicely in an uptrend against the US Dollar and bitcoin. TRX...

Ethereum price is showing a lot of positive signs above the $180 support area against the US Dollar.ETH price is likely to climb above the $190 and $196 resistance levels in the near term.There was a break above a crucial bearish trend line with resistance near $174 on the 4-hours chart (data feed from Coinbase).The price is setting up for another upward move and it could even surpass the $200 resistance.Ethereum price is gaining bullish momentum above $180 against the US Dollar. ETH price is...

Hurricanes have been causing extensive damage to the islands of the Bahamas for millennia. The Central Bank of the Bahamas plans to pilot the first cryptocurrency in the form of Sand Dollars. Project Sand Dollars offers numerous benefits that can help individuals and businesses to recover, including having the means to quickly access finances and purchase needs after a natural disaster. Hurricanes have been ravaging the Bahamas for centuries. According to travel advice website...

Chinese President Xi Jinping announced support for blockchain last Thursday. The news was welcomed by the crypto community as Chinese altcoins such as NEO, TRON and Qtum skyrocketed over the weekend. Analysts believe that there’s more to the hype and speculation that powered the move of Chinese coins in their USD and BTC pairs. Chinese President Xi Jinping announced on Thursday that his country should “take the leading position in the emerging field of blockchain,” according to a...

Stellar lumen price is gaining bullish momentum and is trading nicely above $0.0650 against the US Dollar.XLM price is likely to rise further above the $0.0700 resistance in the near term.There is a major bullish trend line forming with support near $0.0655 on the 4-hours chart (data feed via Kraken).The pair remains well supported on the downside unless there is a close below the $0.0620 support.Stellar lumen price is trading in an uptrend against the US Dollar and bitcoin. XLM price...

Ripple price climbed higher recently and settled above the $0.2900 resistance against the US dollar.The price is showing positive signs and it could rally further above $0.3100.There is a connecting resistance trend line forming with hurdle near $0.3110 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price remains well bid above the $0.2880 and $0.2900 support levels in the near term.Ripple price is trading in an uptrend above $0.2880 against the US Dollar. XRP price...

Stable currencies are all the rage as of late. Given the price volatility of many mainstream cryptocurrencies such as bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and bitcoin cash (BCH), some are looking for new ways to ensure their safety while also investing in digital currencies, and now it looks like stable currencies are about to get a big regulatory boost.Could a New Bill Make Stable Currencies Mainstream?A new bill has been opened in Congress called the “Stable Coins Are Securities...

It’s never a good sign when a company is forced to leave something it’s created behind, but in the case of Facebook and Libra, the danger is all too real.Libra Is Heading for the “No Fly” ZoneFollowing his recent testimony before Congress regarding the new financial platform, Mark Zuckerberg announced that if Libra moves forward without congressional approval, Facebook would be forced to leave the Libra Association.This is not a good sign. First off, Facebook is the initial creator of the...

Lesser-known cryptocurrency NEO surged more than 35% on Sunday. The sudden move launched the NEO price to nearly $12, even as the wider crypto market cooled off from its recent rally. Let’s examine the factors behind NEO’s breakneck recovery. In the wake of a historic cryptocurrency market resurgence, NEO has suddenly sprung to life, securing an impressive 35% single-day rally. What’s driving that rapid upswing? Bitcoin Jolts the Crypto Market Back to Life The crypto markets boomed...

Hunter Horsley is the former product manager of Facebook. He now heads the Bitwise Asset Management firm and was largely responsible for the submittal of the company’s latest bitcoin-based exchange-traded fund (ETF) proposal that the Securities and Exchange Commission (SEC) so unceremoniously rejected.Horsley Has His Own Thoughts on LibraLibra – the famed cryptocurrency from Facebook that’s set for a 2020 debut – has been at the center of heavy attention as of late, and many regulators,...