Tag Archives: Altcoin News

A new type of cryptocurrency called Grounder Coin is looking to be the first digital currency that can be used in space.Grounder Coin: Bringing the Planets Together?This raises a lot of questions. Have scientists discovered aliens that Earth people are now looking to do business with, and we think a universal form of crypto that will allow people and those aliens to pay for goods and services is the answer?Well, not exactly. As time progresses, more time has been put into colonizing other...

ADA price is struggling to find strength above the $0.0370 resistance against the US Dollar.The price is likely to accelerate once it breaks the $0.0370 and $0.0385 resistances.There was a break below a major bearish trend line with resistance near $0.0362 on the 4-hours chart (data feed via Kraken).The price could resume its decline if it struggles to clear the $0.0370 resistance area.Cardano price is facing an uphill task against the US Dollar and bitcoin. ADA price must clear $0.0385 to...

A privacy-based technology known as Mimble Wimble has been integrated into various privacy tokens since last January. The trouble is, it may not be as private as people originally thought.Mimble Wimble Isn’t Doing Enough to Keep Your Identity a SecretA new study shows that the first privacy coins to implement the technology are ones referred to as Grin and Beam, both of which are very new and are hardly being used at all at press time. This could be why the technology is so easily...

Tron price started an upside correction after trading as low as $0.0131 against the US Dollar.TRX price is currently trading above the $0.0140 level, but it is facing many resistances.There is a major bearish trend line forming with resistance near $0.0160 on the 4-hours chart (data feed via Bitfinex).The price could continue to correct higher, but upsides are likely to be capped by $0.0160 and $0.0161.TRON price is currently trimming recent losses against the US Dollar and bitcoin. TRX price...

Ethereum price is currently correcting higher after diving towards $130 against the US Dollar.ETH price is trading near the $150 resistance and facing a strong hurdle near $155-$158.There is a key bearish trend line forming with resistance near $158 on the 4-hours chart (data feed from Coinbase).The price is likely to struggle if it attempts to climb above the $158 and $160 levels.Ethereum price is trimming recent losses against the US Dollar. Having said that, ETH price is still in a bearish...

Stellar lumen price is down more than 20% and it recently traded below $0.0600 against the US Dollar.XLM price is currently sliding and it seems like it could soon test the $0.0500 support area.There is a crucial bearish trend line forming with resistance near $0.0580 on the 4-hours chart (data feed via Kraken).The pair is unlikely to correct higher unless the bears fail to push the price below $0.0512.Stellar lumen price is sliding heavily against the US Dollar, similar to bitcoin. XLM price...

Ripple price is down more than 20% in the past few days and settled below $0.2500 against the US dollar.The price is currently trading in a bearish zone and it recently tested the $0.2000 area.There are two major bearish trend lines forming with resistance near $0.2185 and $0.2400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price is likely to decline further and it could even trade below the $0.2000 support.Ripple price is tumbling below key supports against the US...

Libra has been attacked from all sides, but now people are even starting say its introduction to the financial space was ill-planned.Libra Hasn’t Tried to Clean Up Its ActLibra first emerged last summer to mixed reception. Many users said they didn’t trust Facebook enough after the Cambridge Analytica scandal to give the company their financial data, and many politicians were concerned that Libra would potentially open the door to money laundering and other white-collar crime.However, others...

A lawyer involved in the infamous One Coin cryptocurrency scam has been found guilty of both fraud and money laundering. Mark Scott – an attorney who garnered a near $50 million fee for routing approximately $400 million on behalf of the scam’s founder – is now facing 50 years in prison; one year for every million he potentially earned.Scott Faces Jail Time for His RoleLawyers for Scott claimed that he did not realize One Coin had no value, and that he was simply doing a job assigned to him...

Venezuelan president Nicolas Maduro just can’t seem to take a hint when it comes to the Petro.The Petro is Failing and Will Continue to Do SoIn another effort to push Venezuela’s failed national cryptocurrency, Maduro has announced that retirees and pensioners within the country are set to receive financial bonuses in Petro funds this Christmas, but does anyone really care?The currency was first introduced in early 2018 through an initial coin offering (ICO). While Maduro claimed to have sold...