Tag Archives: Altcoin News

Ripple’s XRP is leading the way as many of the industry’s top 20 cryptocurrencies are beginning to experience solid gains over the early morning and afternoon hours.XRP, Bitcoin and Ethereum Are Fighting for Their LivesAt press time, XRP has built itself up to 28 cents per unit – a near five-cent boost since it was first struck by the crypto bloodbath of last September. Bitcoin is also holding its own and is currently trading at just shy of $8,450. This is a spike of more than $100 in just...

Back in June, Live Bitcoin News reported that an online banking firm, Current, wasn’t very happy with Facebook or Libra, claiming that the project had potentially stolen its logo. Now, that anger has turned into a full-fledged lawsuit.Current Takes Facebook to CourtCurrent has filed suit against Facebook in a New York district court for allegedly stealing the logo of its company. When looking at the two examples, one can see that the bank’s properties may have been stolen. The logos of both...

Erik Finman and his business partner Marshall Hayner – the founders of Metal Pay – have invested roughly $1 million into a new venture fund called Metal VC. The purpose of the fund is to invest in new blockchain businesses and crypto-based products.Erik Finman Makes Metal MainstreamErik Finman is arguably one of the crypto space’s most intriguing figures. First getting into bitcoin while he was in high school, he turned to crypto trading as a hobby, though he was confident it could...

After an extremely disappointing debut, Bakkt – the trading platform designed for institutional investors – is exploding in use, with the number of bitcoin futures contracts being traded having exploded by roughly 800 percent.Bakkt: A Late Start Leads to Massive JumpsBakkt was first introduced last year. Many claimed it would bring a whole new level of mainstream use and legitimacy to the cryptocurrency space, as it was designed for institutional traders and retailers who were curious about...

Australia is offering more viable proof that institutions are consistently looking to build their tokens atop the Ethereum network. The country’s Perth Mint refinery is now releasing a new gold backed Ethereum token in western Australia.Ethereum: Still the Blockchain of ChoiceKnown as the Perth Mint Gold Token (PMGT), it will be the first of its kind issued on a blockchain that’s backed by government’s reserves. A press release explains:It offers institutional investors a competitive...

Rock It Coin, a bitcoin kiosk company, has joined hands with the Blockchain Institute to install its 200th machine in the middle of Chicago.Rock It Coin Is Creating a World of Mainstream Blockchain AppsMichael Dalesandro, CEO and fonder of Rock It Coin, comments:This installation marks yet another milestone in our company’s growth. After installing machines across the country, it means a lot to install our 200th one in Chicago where we started the company… We see this [blockchain] technology...

Libra is often touted as the Facebook cryptocurrency, but according to Alex Karasulu – CEO and founder of OptDyn – this isn’t necessarily true.Alex Karasulu: Libra Better Than PayPal?In a recent interview, he seeks to answer questions regarding Libra and clear up some of the “myths and legends” that surround it. For example, he comments that Libra will not necessarily be a cryptocurrency in the way bitcoin, Ethereum or Litecoin is, but rather it will be a payment system much like PayPal. In...

Bitcoin cash price is facing a strong resistance near the $240 level against the US Dollar.The price is currently declining, but it might find support near the $220 level.There is a major ascending channel forming with support near $220 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair must break the key $240 resistance area to continue higher in the near term.Bitcoin cash price is struggling to gain bullish momentum above $240 against the US Dollar. If BCH/USD breaks...

Charity and cryptocurrency have developed quite a partnership over the years. The latest addition to that mix comes in the form of UNICEF, the United Nations’ organization that seeks to aid starving and impoverished children across the globe.UNICEF Is at the Heart of a Crypto BoostUNICEF has announced that it will begin accepting donations in both ether and bitcoin. It is the first UN-based organization to accept crypto, which could potentially mark a huge point in crypto’s development and...

EOS price is slowly climbing higher and it recently broke the $3.000 resistance against the US Dollar.The price is currently correcting gains, but it remains supported near $3.050 and $3.000.There is a crucial bearish trend line forming with resistance near $3.280 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could rise steadily once there is a clear break above the $3.300 resistance area.EOS price is trading with a positive bias against the US Dollar and...