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Tag Archives: Altcoin News

Reality Star Chris Bukowski Things BTC Is Ready to Surge

Star of “Bachelor in Paradise” Chris Bukowski believes that the price of bitcoin is on the verge of rising.Bukowski Things the World of BitcoinAside from being a hit reality star, Bukowski is very big on crypto, and seems to think that the future of finance will largely be digital. The entrepreneur first got into digital assets in the year 2016, when he says bitcoin was trading for around $450. He had been working a few gigs here and there where people paid him in bitcoin.Not really knowing...

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Major Drug and Crypto Bust Occurs in Australia

In Australia, law enforcement officials have uncovered $1 million in cryptocurrency thanks to an alleged drug bust.Australia; The Home of Crypto Crime?The drugs were hidden inside a child’s toy being sent to a region called Perth. The paraphernalia confiscated by the police included nearly 28 grams in illegal MDMA tablets along with MDMA powder. The package was allegedly sent from somewhere in the United Kingdom.Police officials examined the address the package was destined for. They then...

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Bitcoin Cash Analysis: BCH Reaching Crucial Juncture

Bitcoin cash price is facing a strong resistance near the $212 area against the US Dollar.The price is showing a few positive signs above the $202 and $192 support levels.There is a crucial bearish trend line forming with resistance near $212 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a strong rise if it breaks the $212 and $215 resistance levels.Bitcoin cash price is likely approaching the next key break against the US Dollar. BCH/USD must surpass...

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Ripple Boosts MoneyGram Investments; Plans to Bring in More Banks

Ripple appears to be undergoing a lot of changes, and by changes we mean extreme growth.Ripple: Growth Is on the HorizonFirst off, the boss of Ripple – Brad Garlinghouse – has expressed an interest in bringing more banks into the Ripple family. At a recent SWELL event, the head executive of the world’s third-largest cryptocurrency by market cap spewed out several angry words towards SWIFT, and international payment and remittance service, and called it a “one-way messaging system.”He...

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Bakkt CEO Kelly Loeffler to Briefly Serve in Congress

Kelly Loeffler – the CEO of Bakkt, the institutional crypto trading platform owned and governed by the Intercontinental Exchange (ICE) – has been hired to take over a temporarily vacant Senate seat.Can Kelly Loeffler Push Crypto in Government?Many see this maneuver as a positive step and believe that perhaps crypto will now have a friend in the U.S. Congress. Bakkt was first announced in late 2018, but it took nearly a full year for the platform to get off the ground. After several months of...

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EOS Price Analysis: Bulls Facing Uphill Task

EOS price is struggling to continue above the $2.750 and $2.820 resistances against the US Dollar.There is a decent support forming near the $2.500 and $2.535 support levels.There are two major bearish trend lines in place with resistance near $2.750 and $2.820 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could only start a strong upward move once it settles above the $2.850 level.EOS price is facing a lot of hurdles for a bullish wave against the US Dollar and...

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Litecoin (LTC) Price Analysis: Risk of Additional Losses

Litecoin price is declining and trading well below the $50.00 level against the US Dollar.LTC price is struggling to recover above the $46.50 and $47.20 resistance levels.There is a major declining channel forming with resistance near $46.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to extend its decline below the $44.00 and $42.00 levels in the near term.Litecoin price is trading in a major downtrend against the US Dollar and bitcoin. LTC price...

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Someone Performed a Very Unprofitable 51% Attack on Vertcoin

After experiencing a nasty 51 percent attack roughly one year ago, Vertcoin has been subjected to another such attack on its blockchain.Vertcoin: The Victim Once Again51 percent attacks occur when hackers secretly infiltrate a specific blockchain and then begin mining their own chain through the ledger. Granted the attacker has enough mining power under his or her belt, their chain can potentially overtake the ledger originally governed by the cryptocurrency or company in question.After a...

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Cardano (ADA) Price Analysis: Risk of Additional Downsides

ADA price started a fresh decline after it failed to surpass the $0.0420 resistance against the US Dollar.The price is currently declining and trading below the $0.0400 support area.There is a descending channel forming with resistance near $0.0375 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate losses below the $0.0355 and $0.0350 support levels in the near term.Cardano price is following a downtrend against the US Dollar and bitcoin. ADA price could continue to...

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Tron (TRX) Price Analysis: Risk Of Fresh Decrease Below $0.0150

Tron price is struggling to clear a couple of important resistances near $0.0160 against the US Dollar.TRX price is currently trading above the $0.0152 and $0.0150 support levels.There is a key bearish trend line forming with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could start a fresh decline if it fails to surpass $0.0160 and $0.0614.TRON price is currently consolidating below key resistances against the US Dollar and bitcoin. TRX price must break the...

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