Tag Archives: Altcoin News

Litecoin price remained in a positive zone and recently tested $62.40 against the US Dollar.LTC price corrected lower and it is now trading above the $58.00 support area.There is a major bullish trend line forming with support near $57.85 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $61.00 and $62.40 resistance levels in the near term.Litecoin price is showing a lot of positive signs above $58.00 against the US Dollar,...

The world – not just basketball fans – was shocked by the news that legendary NBA player Kobe Bryant had passed away at the age of 41 in a helicopter crash over the weekend in southern California alongside his 13-year-old daughter.Is Justin Sun Capitalizing on the Death of Kobe Bryant?Among those feeling the pain of Bryant’s death is the CEO of TRON Justin Sun. The cryptocurrency and blockchain entrepreneur took to Twitter to announce that the next niTROn Summit would be held in his honor....

ADA price is gaining bullish momentum above the$0.0526 resistance area against the US Dollar.The price traded as high as $0.0570 and it is currently trading in a strong uptrend.There was a break above a short term contracting triangle with resistance near $0.0521 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher towards the $0.0585 and $0.0600 resistance levels in the near term.Cardano price is trading with a bullish bias above $0.0525 against the US Dollar,...

Bitcoin Gold (BTG) was victimized over the weekend when malicious miners overtook its blockchain as a means of performing a 51 percent attack.A 51 Percent Attack Can Be Very DangerousThe miners saw to it that approximately $72,000 in BTG funds were double spent. This is money in their pockets after they gained control of the network’s hash rate. They performed two separate attacks on the network; the first saw them net gains of approximately $19,000 while the second earned them more than...

Tron price started a fresh increase from the $0.0158 and $0.0160 support levels against the US Dollar.TRX price is now trading nicely above the $0.0165 resistance level.There was a break above a key bearish trend line with resistance near $0.0168 on the 4-hours chart (data feed via Bitfinex).The bulls seem to be in control and they are likely eyeing a break towards the $0.0200 resistance.TRON price is trading in a decent uptrend above $0.0160 against the US Dollar, similar to bitcoin. TRX...

Ethereum price is rising again from the key $160 support area against the US Dollar.ETH price is currently trading above the $165 and $170 resistance levels.There was a break above a major bearish trend line with resistance near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $178 and $185 resistance levels in the near term.Ethereum price is showing a lot of positive signs above $165 against the US Dollar. ETH/USD bulls are likely aiming...

After first announcing it back in November, Tether has released Tether Gold (XAUT), a new version of the popular cryptocurrency built atop the Ethereum blockchain.Tether and Gold: A Solid Match?The coin is backed by physical gold, and thus qualifies as a stable currency in that it is tied to something that’s known to retain its value during times of economic strife. The same goes for the “classic” or standard form of Tether, which is allegedly backed by reserves of the U.S. dollar.In...

Australia has a plan for tackling stable coins like Libra.Are Libra and Australia At It Again?Stable coin regulation will now be in the hands of Australia’s Prudential Regulatory Authority (APRA). As part of the Australian Council of Financial Regulators, the APRA has created what’s known as the Distributed Ledger Technology Working Group as a way of governing new operations and maneuvers in the industry of decentralized finance.One of the most controversial steps taken in recent years in the...

Stellar lumen price is gaining bullish momentum above the $0.0550 resistance against the US Dollar.XLM price is likely sighting an important bullish above the $0.0600 resistance area.There is a key bearish trend line forming with resistance near $0.0592 on the 4-hours chart (data feed via Kraken).The pair start a strong rise once it settles above the $0.0595 and $0.0600 resistance levels.Stellar lumen price is showing many bullish signs against the US Dollar, similar to bitcoin. XLM is likely...

Ripple price found support near the $0.2140 area and recently recovered nicely against the US dollar.The price seems to back in a positive zone above the $0.2200 resistance area.There was a break above a major bearish trend line with resistance near $0.2230 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher towards the $0.2440 and $0.2500 resistance levels in the near term.Ripple price is showing positive signs above $0.2200 against the...