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Tag Archives: Altcoin News

Mark Zuckerberg: Libra Can Make the U.S. a Financial Leader Again

The testimony of Mark Zuckerberg revealed some interesting takeaways. First, Zuckerberg seems to think that crypto is the future, and that the longer the U.S. waits to develop its own coin, the further it will fall behind. Second, many members of Congress still don’t trust crypto enough to push for mainstream status.Zuckerberg: The U.S. Stands to LoseIn his speech to Congress, Zuckerberg commented that countries like China are well underway in creating national digital currencies. He says...

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Bitcoin Loses $800; Crashes to the $7,400 Mark

Well, it sure seems like we’re in for another faulty end-of-year mark for bitcoin. At press time, the currency has fallen by roughly $800 over the past 24 hours and the asset is now trading at $7,400.Bitcoin Falls; Zuckerberg to Blame?The sentiment is that this all has to do with Mark Zuckerberg’s testimony today. Zuckerberg – the famed CEO of Facebook – is set to speak before a congressional committee today regarding Libra, the cryptocurrency being released by the social media giant in 2020....

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Cardano (ADA) Price Analysis: Bears Sighting Fresh Monthly Lows

ADA price struggled to surpass the $0.0400 resistance and decline recently against the US Dollar.The price is currently declining and is trading near the key $0.0375 support area.There is a major bearish trend line forming with resistance near $0.0395 on the 4-hours chart (data feed via Kraken).The price could continue to move down below $0.0375 and $0.0360 in the coming sessions.Cardano price is trading with a bearish bias against the US Dollar and bitcoin. ADA price could revisit the...

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Ethereum Researcher Justin Drake Will Discuss Creating a Blockchain Startup at Disrupt Berlin

Ethereum needs all the help it can get these days, and with the addition of researcher Justin Drake at TechCrunch Disrupt Berlin, it just might garner the appeal it so desperately needs.Ethereum Needs Some Good PREthereum is the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin. It also boasts smart contract capabilities, which makes it one of the most popular blockchains for building new tokens and applications. Unfortunately, this popularity has...

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Adam Back: Altcoins Might Disappear Soon

Is it possible that altcoins could potentially disappear forever?Altcoins Don’t Have the Same Appeal They Once DidWhile they may not vanish into thin air, Adam Back – the CEO of Block Stream and the co-author of a bitcoin sidechains whitepaper – claims that the presence and stamina of presence bitcoin sidechains could lower interest in altcoins altogether, thereby making their appeal virtually non-existent.As it stands, currencies like Ethereum (ETH), Ripple’s XRP, EOS (EOS), and Litecoin...

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Opera Brings BTC to Android; Now Looking to Add TRON

Who would have known Opera and bitcoin could go so well together? We’re not necessarily talking about classically trained singers that wear Viking horns and hit high notes, but rather the Norwegian financial platform that’s been touting the addition of bitcoin to its Android app since July of 2018.Opera and BTC: A Perfect Match?The app was launched privately and was later available to the public in December. Opera inherently became one of the first browsers to support bitcoin directly, and...

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Tron (TRX) Price Analysis: Bulls Sighting Fresh Increase Above $0.0165

Tron price is holding an important support near $0.0145 and correcting higher against the US Dollar.TRX price is facing a strong resistance near the $0.0162 and $0.0165 levels.There is a major bearish trend line forming with resistance near $0.0162 on the 4-hours chart (data feed via Bitfinex).The price is likely to rise steadily above the $0.0162 and $0.0165 levels in the near term.TRON price is showing positive signs against the US Dollar and bitcoin. TRX price remains well supported and it...

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Ethereum Price Analysis: ETH Facing Significant Resistance

Ethereum price is holding the $168 support area and correcting higher against the US Dollar.ETH price is facing a strong resistance near the $178 and $180 levels.There is a crucial bearish trend line forming with resistance near $178 on the 4-hours chart (data feed from Coinbase).The price is likely to start a strong rise if it clears the $178 and $180 resistance levels in the near term.Ethereum price is facing a significant hurdle near $180 against the US Dollar. ETH price must stay above...

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Moon Allows You Pay for Amazon Goods with Crypto

Do you shop on Amazon? Would it be easier to pay with crypto than it would be to pay with fiat? If so, you should check out a new startup called “Moon.”Moon: The New Way to PayMoon is a company that began through the hands of three individuals. The venture allows you to use cryptocurrency to pay for items on Amazon through the Lightning Network, a highly praised if somewhat controversial platform that is alleged to boost the transactions speeds of the bitcoin blockchain.Bitcoin is the oldest...

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Stellar Lumen (XLM) Price Could Revisit $0.060 Before Higher

Stellar lumen price is struggling to gain momentum above the $0.0650 resistance against the US Dollar.XLM price is currently consolidating below the $0.0640 and $0.0650 resistance levels.There is a significant breakout pattern forming with support near $0.0622 on the 4-hours chart (data feed via Kraken).The pair could either rally above $0.0650 or it might start a downside correction to $0.0600.Stellar lumen price is facing an uphill task against the US Dollar and bitcoin. XLM price might dip...

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