Tag Archives: Altcoin News

Ripple price started a downside correction after tagging the $0.3150 resistance against the US dollar.The price is currently consolidating above the $0.2850 support area, with a few positive signs.There is a major bearish trend line forming with resistance near $0.2980 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price must surpass the $0.3000 barrier for a fresh increase in the coming sessions.Ripple price is facing a major hurdle near $0.3000 against the US...

A question is ringing through the minds of both the general public and regulators: Should the Fed develop a national cryptocurrency?What Could the Fed Do to Improve Things?We’ve discussed China’s plans to develop a state-issued cryptocurrency – likely a digital yuan – as a means of stabilizing its economy, monitoring people’s transaction histories and competing with the likes of Facebook’s Libra. Recently, Live Bitcoin News covered a new law passed in China that permits the digital yuan to...

When are people going to realize that cryptocurrency scams are never a good idea? You’re always going to get caught. This is a lesson that’s hitting Instagram influencer Aziz ‘Com’ Mizra rather hard at press time.Mizra Is Spending Time in JailA one-time Canadian resident now living in the United Arab Emirates, Mizra has been arrested in Dubai by law enforcement officials under charges that he potentially defrauded investors through several cryptocurrency and real-estate schemes that saw...

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...