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Tag Archives: Altcoin News

Ethereum Price Analysis: ETH Primed For Another Rally

Ethereum price is trading above the $128 and $130 support levels against the US Dollar.ETH price is likely to start another rally above the $135 resistance area.There was a break above a major bearish trend line with resistance near $129 on the 4-hours chart (data feed from Coinbase).The price remains well supported on the downside near the $128 area.Ethereum price is trading above key supports against the US Dollar. ETH/USD is likely to start a new upward move above the $135 and $140...

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BOK Says It’s Not Ready for a National Digital Coin

Over the past year, several nations or banks of nations have come forth and issued plans to create digital currencies that its residents or citizens can utilize to purchase both goods and services. Strangely, the Bank of Korea (BOK) is not one of those regions.BOK: Now Is Not the Time for a Digital CurrencyBOK, despite rumors that the area was looking to establish a stronger presence in the digital currency space through a digitized form of fiat, has come forward to explain that it’s not...

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NULS Loses Two Million Tokens to Cyberthieves

It’s happened again, folks. Another blockchain was ransacked by hackers who have made off with quite a bit of digital money. This time around, the victim is NULS, a token that’s reporting losses of nearly $500,000 at press time due to the hacker activity.NULS: Another Target of ThievesThe NULS team took to Twitter to tell enthusiasts and traders about the trouble they were facing. It appears as many as two million tokens were stolen, which at the time of writing, amount to roughly $480,000....

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Libra Is a Failure, Says Ueli Maurer

Not long ago, it was reported that Libra was looking to make a new home in Switzerland. Well, it appears now that even Switzerland is looking down on the project, claiming that it’s not as strong as it should be.Libra and Switzerland Aren’t Friends AnymoreThese words came from Ueli Maurer, the country’s finance minster and outgoing president. He considers Libra something of a failure in its present state and doesn’t believe it can change the monetary system as it is. He also said that it...

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Stellar Lumen (XLM) Price Shows Signs of Important Reversal

Stellar lumen price is currently consolidating above the $0.0450 support area against the US Dollar.XLM price might start a decent increase if it clears the $0.0480 and $0.0500 resistance levels.There is a key bearish trend line forming with resistance near $0.0465 on the 4-hours chart (data feed via Kraken).The pair seems to be forming a strong support base near $0.0450 and $0.0435.Stellar lumen price is sowing positive signs against the US Dollar, while bitcoin is climbing higher. XLM is...

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Ripple Price Analysis: XRP Setting Stage For Strong Rally

Ripple price is showing positive signs above the $0.1900 level against the US dollar.The price must gain momentum above $0.2000 to start a strong rally.There was a break above a key bearish trend line with resistance near $0.1945 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair remains well bid near $0.1910 and it seems to be setting up for a large rally.Ripple price is trading within a broad range below $0.2000 against the US Dollar. XRP price is likely to surge...

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Jeff Wilcke Moves Almost 100,000 Ethereum for “His Game”

Ethereum (ETH) was recently at the center of a “Christmas controversy.”What’s Going On with Ethereum?Several cryptocurrency enthusiasts reported a ton of ether tokens being moved between exchanges on Christmas Day. The selloff left several observers confused and wondering if perhaps a whale was at work, thereby inciting worry and concern that the crypto industry was likely to suffer from some stiff drops. Overall, more than 200,000 Ethereum was moved.The amount totals nearly $26 million. At...

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Craig Wright: My BTC Fortune Cannot Be Accessed

To say that Craig Wright has been a controversial figure in the cryptocurrency industry would be something of an understatement. To say that he’s a man who’s sought to turn the space upside down would probably be more accurate to some analysts and observers.Wright: Nobody Can Touch My CoinsWright recently emerged to say that his alleged bitcoin fortune – which may or may not exist – is likely to remain locked for some time. Recently, a lawsuit outcome required that Wright forfeit roughly $3...

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Job Losses and Indirect Finances: The “Darker Side” of Ethereum?

No doubt Ethereum (ETH) is a hardcore crypto asset that’s not to be messed with. It’s the second-largest cryptocurrency by market cap, and it holds its ground over the likes of Ripple (XRP), bitcoin cash (BCH), EOS (EOS) and Litecoin (LTC).Ethereum Still Has Some IssuesBut even top products and companies appear to suffer from time to time, and Ethereum is no exception. The company recently announced that it was having to cancel out several jobs in both the Philippines and India. While it’s...

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Roger Ver: BCH Will Soon Be Much Larger than Bitcoin

Roger Ver used to be a full-time bitcoin fanatic. He was one of the currency’s early investors, which earned him the nickname “Bitcoin Jesus.”Roger Ver: I’m a BCH Man, Not BitcoinHowever, in recent years, Ver has shifted his focus and love over to bitcoin’s baby brother bitcoin cash (BCH). BCH came about in 2017 following a hard fork of the head honcho of crypto. The currency rose to prominence just months later when the entire industry was experiencing bull behavior like we had never...

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