Tag Archives: Altcoin News

A lawsuit centered around bitcoin cash (BCH) – the big brother of bitcoin SV (BSV) and the spawn of bitcoin (BTC) – is likely to be stopped in its tracks.Was Bitcoin Cash Manipulated?Telecom company United America Corp is claiming that Roger Ver and a network of Chinese miners may have rigged the 2018 bitcoin cash hard fork to go their way. The hard fork, as we know, resulted in the new and highly controversial coin bitcoin SV, which Ver and creator of the latter coin Craig Wright have butted...

Decred – which is described on its website as an “autonomous digital currency” – is suddenly gaining heavy momentum in Africa.Decred Seeks to Give Africa Its Power BackThe continent of Africa has become something of a major bitcoin and cryptocurrency haven over the past few years. Recently, Twitter and Square CEO Jack Dorsey stated that he would be living abroad in Africa from anywhere between three and six months in the year 2020 to potentially drive bitcoin adoption within the continent’s...

Stellar lumen price is trading nicely in an uptrend above $0.0700 against the US Dollar.XLM price traded as high as $0.0738 and it is currently correcting lower.There is a key bullish trend line forming with support near $0.0704 on the 4-hours chart (data feed via Kraken).The pair remains in an uptrend and it could continue to rise above the $0.0750 level.Stellar lumen price is showing positive signs above $0.0700 against the US Dollar, similar to bitcoin. XLM is likely to surpass $0.0750 for...

Ripple price climbed higher nicely above the $0.2700 resistance area against the US dollar.The price tested the $0.2880 resistance area and it is currently correcting lower.There is a key bullish trend line forming with support near $0.2755 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well supported for more gains above $0.2700 and $0.2680.Ripple price is showing a lot of positive signs above the $0.2700 area against the US Dollar. XRP price is likely...

Libra was first announced approximately eight months ago in June of 2019, and for the most part, the reception has been mixed.Why Is Libra Losing So Much Support?Many banks, regulators and members of the public have scoffed at the idea that Facebook – the parent company behind Libra – would seek to enter the financial fray. With so much scandal under its belt in the past two years alone, one wonders how such a venture could even exist, and that a company like Facebook would even dare to...

Ripple (XRP), the world’s third largest cryptocurrency by market cap, has suggested that an initial public offering (IPO) based on its technology is slated to arrive in the coming months.Ripple Continues to Make WavesAt the Davos World Economic Forum last January, CEO of Ripple Brad Garlinghouse explained to a crowd of listeners that a Ripple IPO could occur sometime in 2020. He also stated that more IPOs based on cryptocurrencies are likely to follow, and that this will likely become a...

Justin Sun – the CEO of TRON – has finally gotten his $4.5 million lunch with Berkshire Hathaway’s Warren Buffett.Justin Sun and Warren Buffett: Together At LastSun made a lot of people angry last year when he seemingly “overhyped” the event with one of the world’s leading billionaires. Sun announced that he had won the event on social media, and that he was going to work hard to ensure that Warren Buffett became a sudden bitcoin believer. Buffett, as we all know, has never been a big bitcoin...

As we all know, bitcoin is doing quite well at the time of writing. It has shot up past the $9,700 mark and is reaching its highest levels in approximately four months.Bitcoin Isn’t Looking as Good as Other CoinsAnd yet, according to one source, all other altcoins are doing better than BTC and putting it to shame. Even though the world’s number one cryptocurrency by market cap has shot up by nearly 40 percent this year, its smaller cousins are really adding steam to the crypto industry.One...

Bitcoin cash price rallied more than 10% and it broke the key $400 barrier against the US Dollar.The price traded as high as $459 and it is currently consolidating gains.There is a short term ascending channel forming with support near $435 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains well bid above the $435 and $420 levels in the near term.Bitcoin cash price is showing a lot of positive signs above $420 against the US Dollar. BCH/USD seems to be aiming...

Litecoin price is rising steadily and it is now trading above $70.00 against the US Dollar.LTC price traded to a new 2020 high at $73.99 and it remains in an uptrend towards $80.00.There is a crucial bullish trend line forming with support near $70.60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $80.00 and $82.50 resistance levels in the near term.Litecoin price is trading in a strong uptrend above $70.00 against the US...