About 17 new crypto assets could soon be listed on Coinbase depending on how the technical and compliance review goes. Among the cryptocurrencies that Coinbase is considering for listing include coins that are yet to launch such as Gram that is fronted by messaging platform Telegram and Chia which was founded by the creator of torrent client BitTorrent, Bram Cohen. The other coins are Avalanche, Celo, Coda, Dfinity, Filecoin, Handshake, Kadena, Mobilecoin, NEAR, Nervos, Oasis, Orchid,...
Read More »Why Some Consider Ties to Craig Wright Controversial
Craig Wright has been at the center of controversy for some time in the crypto industry. That controversy is spreading so far that even those with basic connections to the Australian bitcoin developer are being ousted by “high-ranking crypto officials.” Is a Connection to Wright Looked Down Upon?One such person is Core Scientific CTO Kristy-Leigh Minehan, who was on the verge of speaking at the upcoming ETC Summit only to be disinvited at the last minute. The rejection came by way of ETC...
Read More »Ripple Files Motion for Court to Toss XRP Securities Lawsuit
Ripple, the cryptocurrency firm behind the XRP token, has requested a federal court dismissal of a class-action lawsuit; all while ignoring one major issue, XRP's security status. The original lawsuit was first launched back in early 2018, by a handful of disgruntled XRP investors. The plaintiffs claimed that Ripple violated securities laws during the initial offering of the token; stating that XRP was intrinsic to Ripple's operational integrity. The relationship between XRP and Ripple has...
Read More »Bitcoin Cash Analysis: BCH Back In Uptrend, Could Breach $340
Bitcoin cash price started a solid upward move above the $300 resistance against the US Dollar.The price is currently trading below the $325 and $330 resistance levels.There is a major bullish trend line forming with support near $308 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair could continue to rise as long as it is above the $300 support area.Bitcoin cash price is gaining momentum above $310 against the US Dollar. If BCH/USD clears the $330 resistance it could...
Read More »“ETH Architect” Steven Nerayoff Committed “Old-Fashioned Shakedown”
Former Ethereum advisor Steven Nerayoff and his assistant Michael Hlady have been arrested and charged with extorting millions of dollars in crypto funds.Nerayoff Facing Jail Time?The Justice Department has released a statement about the incident, claiming that both men were threatening to “destroy a startup cryptocurrency company if they were not paid millions of dollars” in ether tokens. U.S. Attorney Richard Donoghue explains: As alleged, Nerayoff and Hlady carried out an old-fashioned...
Read More »EOS Price Analysis: Downside Spike Before Renewed Uptrend
EOS price climbed higher recently above the $3.850 and $4.00 resistances against the US Dollar.The price is currently correcting gains and declined below the $4.000 support area.There is a major bullish trend line forming with support near $3.850 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could decline further to test the $3.650 support area before it starts a fresh increase.EOS price is currently correcting lower against the US Dollar and bitcoin. However,...
Read More »Litecoin (LTC) Price Analysis: Crucial Support Nearby, Fresh Increase Likely
Litecoin price climbed higher recently and tested the $80.00 resistance area against the US Dollar.LTC price is currently trading above the key $72.20 support area, with positive signs.There is a major bullish trend line forming with support near $70.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is trading above the $70.00 and $72.20 support levels.Litecoin price is currently correcting gains below $75.00 against the US...
Read More »Bit Pay Will Support Ether Token Payments for Merchants
Crypto payments provider Bit Pay has announced that it will soon support Ethereum payments, allowing merchants to continue their journeys in adopting and accepting altcoins and assorted digital assets as means of payment. Bit Pay checks, validates and confirms transactions on all current blockchain networks within the digital currency space. Bit Pay and Ethereum Are Joining HandsEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. In a...
Read More »Stellar Spikes – Then Falls Again Minutes Later
If you thought bitcoin wasn’t doing well as of late, just look at some of its main competitors, specifically Stellar. The currency has fallen greatly since it peaked in early 2018, but then jumped back up during today’s early morning hours – only to drop back down a few moments later.Stellar Is Flailing at Press TimeIt’s another classic case of a cryptocurrency that doesn’t seem to know what it wants to do. Bitcoin enthusiasts have been seeing this quite a bit over the past few months....
Read More »Altcoin Season Is About to Return – Here’s Why
Alternative coins or altcoins have been slowly bleeding over the last two years. This is especially true for altcoins in their bitcoin (BTC) pairs. Many are down by over 90% from their all-time highs. Some mid-cap coins have even breached their historical support levels and are printing fresh lows on an almost daily basis. The drop was so deep that some retail traders had to cut their losses after months of HODLing. OrangeDog Tweet. | Source: TwitterFor experienced traders,...
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