Tag Archives: Altcoin News

Twitter and Square CEO Jack Dorsey is back in the news thanks to his support of a new cryptocurrency startup.Dorsey: Becoming the Face of Crypto?That startup is known as Coin List, and Dorsey recently took part in a $10 million funding round to help the venture begin its operations. The company is designed to help other crypto businesses garner funds through token sales. Executives say they are looking to utilize the funds for several purposes, including building Coin List Trade, a new crypto...

Decred makes upgrades to its public proposal system. DCR surges over 19% in less than 24 hours. A look at the 4-hour chart reveals DCR could retrace to $16 before it continues rising. Autonomous cryptocurrency Decred (DCR) is skyrocketing after its community welcomed new developments surrounding Politeia, its own censorship-resistant blockchain-anchored public proposal system for funding projects. In the last 24 hours, DCR jumped over 19% to hit a high of $18.50. The upward...

XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday, as it posts an 8% intraday increase. The crypto markets have seen some bullish performance of late following the so-called Xi pump. Last week, China’s president, Xi Jinping, shilled blockchain technology, leading to a mass revival of bitcoin...

Bitcoin cash price rallied recently and climbed above the $280 resistance against the US Dollar.The price is currently consolidating above $180 and seems to be setting up for the next break.There is a major breakout pattern forming with resistance near $284 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could either rally again above $285 or it might extend its correction to $260.Bitcoin cash price is trading in a nice uptrend above $280 against the US Dollar....

Litecoin price is currently correcting lower below the $60.50 resistance against the US Dollar.LTC price is currently holding the key $57.10 and $55.80 support levels, with a positive bias.There is a major bearish trend line forming with resistance near $58.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could dip once last time towards the $55.80 support area before it started a decent upward move.Litecoin price is retreating from the recent high near $64.40...

According to Ripple, XRP is 1/10th as volatile as fiat for cross-border payments. The current SWIFT system is so slow it exacerbates international payment risk. XRP payments clear so fast that the exchange rate risk is negligible. The math busters over at Ripple have crunched the numbers and conducted a study that concludes that XRP is 10 times safer for making international payments – or as Team Ripple explains, one-tenth as volatile as fiat for cross-border transactions. Ripple’s...

Blockchain technology is predominantly associated with crypto. As a distributed ledger system, it is designed to ensure transactions are properly recorded and that there is solid, truthful evidence of money, assets or other property transferring from one party to the next.What Is the Power of Blockchain?What not a lot of people realize, however, is that blockchain has a lot of other uses that don’t necessarily apply to finance. Perhaps the big stickler is that blockchain can potentially serve...

Libra has been a hot topic of debate lately, and now, executives of both Ripple and Ethereum are adding their thoughts to the mix.Libra Is Still Having Some TroubleLibra is Facebook’s new stable cryptocurrency. Designed to be a global payment system, the currency can be utilized via social media to purchase goods and services. Unfortunately, at the center of the project is a serious trust issue – one that seems to be growing larger with each passing day.This is the sentiment of Ripple’s Brad...

ADA price rallied recently above the $0.0400 and $0.0420 resistance levels against the US Dollar.The price is currently consolidating above the key $0.0420 support areas.There is a short term rising channel forming with support near $0.0425 on the 4-hours chart (data feed via Kraken).The price is likely to find a strong support near the $0.0420 and $0.0415 levels.Cardano price is trading in an uptrend against the US Dollar and bitcoin. ADA price correct lower in the near term, but it remains...

Ripple sees itself as so much more than a currency. That much is obvious, but the company is now making waves in the regulatory space.Ripple Is Heading Into New TerritoryRipple has opened a new office in Washington D.C., making it the only crypto venture to have devoted itself to government affairs according to an official press release. Craig Phillips, the former counselor to the secretary of the U.S. Treasury Department, is also joining Ripple’s board of directors alongside Michelle Bond,...