Tag Archives: Altcoin News

Amidst the crypto rout that has seen bitcoin hit three-month lows, the XRP price is swimming against the tide. In the last 24 hours, the no. 3 cryptocurrency has registered gains of 7%. Per CoinMarketCap, XRP has appreciated by roughly 7% to reach $0.2577 per coin, making it the biggest gainer among the top ten cryptocurrencies. XRP price chart. | Source: TradingViewDespite the jump, the XRP price is still below the monthly high of $0.3225 recorded on Sept. 18. The XRP price has also fallen...

Stellar lumen price traded to a new monthly low at $0.0525 against the US Dollar.XLM price is currently correcting higher, but it is facing a strong resistance near $0.0620.There was a break above a connecting bearish trend line at $0.0592 on the 4-hours chart (data feed via Kraken).The pair is currently consolidating and it might struggle to climb above $0.0620 and $0.0650.Stellar lumen price is trading in a bearish zone below $0.0650 against the US Dollar. XLM price remains at a risk of...

Ripple price is currently consolidating below the key $0.2500 resistance area against the US dollar.The price must settle above $0.2500 and $0.2600 to start a fresh upward move.There is a major bearish trend line forming with resistance near $0.2420 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The price could resume its decline if it continues to struggle near $0.2500 and $0.2600.Ripple price is facing a strong resistance near $0.2500 against the US Dollar. XRP price...

Facebook’s Libra is getting some criticism from an unlikely source: Ripple’s Marcus Treacher.Treacher: Libra’s Got to Open Up a BitTreacher is the company’s senior vice president of customer success. According to an interview he did with CNBC his primary complain is that Libra will be a “closed system” or a “walled garden” as he calls it.This basically means that Libra will be largely controlled by a team of executives. The power will not be in the hands of the people who use it, but in those...

Litecoin, the sixth-largest cryptocurrency by market cap, has had something of a rough week, and is experiencing up-and-down behavior like nobody’s business.Litecoin Is Attached to Bitcoin’s HipTo be fair, Litecoin isn’t alone in its present dilemma. Bitcoin, for example, is currently trading in the $8,100 range – roughly $2,000 less than where it was when last week ended. Ethereum is also down for the count, trading at around $168 at press time from last week’s “high” of $190.Litecoin,...

The market for alternative cryptocurrencies is on life support this weekend after crashing to six-month lows on Thursday, the casualty of a sudden correction in the price of bitcoin (BTC). Altcoins have since recovered from their lows but remain at the precipice of another violent drop – a move that could usher in a new ‘crypto winter’ with devastating consequences. Crypto Markets Recover Slightly The combined altcoin capitalization fell to $66.1 billion on Thursday, the lowest since March,...

Ever since Facebook’s Libra was first announced earlier this year, it seems like cryptocurrency and social media just go hand in hand. A blockchain startup and the subsidiary of IOV Labs, RSK, has announced that it has purchased a social media platform called Taringa, based in Argentina. This gives the company access to the platform’s 30 million+ account holders. Taringa Users Can Get Crypto for ContentThe partnership will create a rewards program in which users of Taringa can garner digital...

If you think bitcoin is having a hard time this week, talk to Mark Zuckerberg about Libra and you’ll probably think bitcoin isn’t doing so bad. Libra Encounters More DelaysAt press time, bitcoin is trading for just under $7,900, meaning it’s crashed even harder over the past 24 hours. Marcus Swanepoel, the chief trader of bitcoin and its crypto cousins at Luno, says that this behavior is pretty much affecting every major cryptocurrency on the market, and that the trends are not specifically...

Marcus Treacher, a senior executive at blockchain cross-border remittance giant Ripple is seemingly kicking-off a modern “cola war” with their emerging rival Libra, Facebook’s controversial cryptocurrency. Treacher, the head of Ripple’s strategic accounts globally, criticized the so-called Facebook cryptocurrency for being “a walled garden.” The executive stressed that only a handful of big players, including Facebook, Visa, MasterCard, Uber, and PayPal, practice excessive control over...

Bitcoin cash price declined heavily and broke the key $285 and $270 support levels against the US Dollar.The price tested the $200 support area and it is currently consolidating losses.There was a break below a crucial bullish trend line with support near $310 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could correct higher, but the $230 and $240 levels are likely to prevent gains.Bitcoin cash price is trading in a larger downtrend below $250 against the US...