Tag Archives: Altcoin News

Tron price declined heavily below $0.0200 and $0.0180 against the US Dollar.TRX price traded as low as $0.0156 and it is currently correcting above $0.0170.There is a major bearish trend line forming with resistance near $0.0185 on the 4-hours chart (data feed via Bitfinex).The price struggle to clear the $0.0185 and $0.0190 resistance levels in the near term.TRON price is recovering, but it is facing many hurdles against the US Dollar, similar to bitcoin. TRX price must settle above $0.0190...

Ethereum price declined heavily below $244 and recently found support near $210 against the US Dollar.ETH price is currently recovering and it is trading above the $225 resistance area.There was a break above a key bearish trend line with resistance near $225 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $244 and $250 resistance levels in the near term.Ethereum price is showing signs of a decent recovery above $225 against the US Dollar....

Stellar lumen price declined heavily and it broke the key $0.0630 support area against the US Dollar.XLM price is currently testing the $0.0550 support and it could recover in the short term.There is a major bearish trend line forming with resistance near $0.0595 on the 4-hours chart (data feed via Kraken).The pair must climb above $0.0595 and $0.0600 to start a strong recovery in the near term.Stellar lumen price is now trading in a bearish zone against the US Dollar and bitcoin. XLM price...

Ripple price declined heavily below the $0.2640 support zone against the US dollar.The price is currently consolidating above the key $0.2215 support level.There is a major bearish trend line forming with resistance near $0.2375 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2375 and $0.2465 to start a decent recovery in the coming sessions.Ripple price is currently consolidating above $0.2200 against the US Dollar. XRP price remains at a risk...

The Bitcoin Association has hired Ella Qiang as its new manager in Asia.Ella Qiang – the Newest Addition to the Bitcoin Association FamilyQiang will be based in Singapore and help expand the goals and protocols of bitcoin SV (BSV), which stands for Bitcoin Satoshi Vision. The currency has only been around for 1.5 years, yet it’s been a major focal point of controversy since it first emerged on the scene.Known as the little brother of bitcoin cash (BCH), which itself was the result of a...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – has shot up to just under $8,700.Bitcoin – On a Path to Recovery?Yesterday, the asset was trading at a measly $8,300, the lowest it has been in some time. Thus, the currency has shot up by more than $300 in just 24 hours. Not only is this good news, but it also suggests some truth to a recent piece suggesting that bitcoin, despite all the global problems it was facing, would not fall below the $8,200 line...

The U.S. government is being very strict when it comes to Petro trading. While the Petro is not a North American cryptocurrency, U.S. citizens who use it or trade it will be subjected to harsh penalties.The Petro Isn’t a Popular AssetAs we all know, the Petro has a relatively shady history – so shady, in fact, that President Donald Trump has issued an executive order preventing all American citizens from trading Petro units. A state department spokesperson with the Western Hemisphere Affairs...

Cryptocurrency exchange Luno – based in London in the United Kingdom – has stated that it will soon add Ripple’s XRP to its list of tradeable assets for customers to enjoy.Ripple Is Coming to Luno CustomersThe news comes after Luno engaged in a year-long poll in which all its customers were asked which new asset they would be the most interested in trading or purchasing in the future aside from bitcoin (BTC) and Ethereum (ETH), as the exchange already offers these assets to its users. Ripple...

Former action film actor Steven Seagal is in trouble with the Securities and Exchange Commission (SEC). The “Above the Law” and “Under Siege” star has agreed to pay more than $300,000 in penalties to the agency to settle the fact that he failed to disclose to agents that he had been paid a hefty sum to promote a cryptocurrency venture.Steven Seagal Hit Hard by the SECFederal securities laws are in place that require celebrities to reveal any and all payments they might receive for touting,...

Bitcoin cash price declined heavily below the $360 and $350 support levels against the US Dollar.The price tested the $300 support area and it is currently correcting higher.There is a short term ascending channel forming with support near $318 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to move down below the $315 and $300 support levels in the near term.Bitcoin cash price is trading in a downtrend below $350 against the US Dollar. BCH/USD...