Tag Archives: Altcoin News

It appears Libra doesn’t have that many fans. The new digital currency from Facebook is stemming controversy and dislike everywhere it goes, and now the European Central Bank (ECB) is taking what it deems to be necessary action by building its own national digital coin as a means of competing with it. Libra Just Can’t Find FriendsThis isn’t the first time a country (or in this case, continent) has emerged with a new digital currency to fight Libra’s alleged attacks. The first is China, who...

Who would have ever guessed that music and the blockchain could go so well together? Warner Music Group, the company behind major music stars like Cardi B and Ed Sheeran, has invested more than $11 million in Dapper Labs. Warner Music and Dapper Labs: A Perfect Match?Warner Music first became interested in the company following its introduction of Crypto Kitties in 2017, a popular cryptocurrency-based game that allows players to “breed” digital cats. Warner senior vice president Jeff...

Many traders have turned bearish on Ethereum way too soon, according to a leading technical strategist. | Source: Shutterstock Ethereum (ETH/USD) has gone through a corrective period over the last two months. Since posting a 2019 high of $363.30 on June 26th, the cryptocurrency lost more than 50% of its value. The sentiment has become so bearish that some traders...

Was Jeffrey Epstein into cryptocurrency? The alleged criminal made headlines several weeks ago when it was discovered he had committed suicide in his jail cell, but news is emerging that he may have contributed funds to MIT’s Media Lab and its Digital Currency Initiative (DCI). As a result, the Lab’s director Joichi Ito has resigned his position. Ito Out at MITThe DCI was developed roughly four years ago. Following the fall of Mt. Gox in Japan, bitcoin was incurring the worst bear period of...

Litecoin price is correcting lower after trading towards the $75.00 level against the US Dollar.LTC price is likely to remain supported near the $68.00 and $66.00 levels.There is a crucial bullish trend line forming with support near $66.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could start a fresh increase if it breaks the $70.00 and $72.00 resistance levels.Litecoin price is showing positive signs against the US Dollar, while bitcoin is correcting lower....

Ethereum continues to languish against bitcoin. Here's what it needs to break the downward spiral. | Source: ShutterstockTo say that Ethereum is weakening against the king of cryptocurrencies would be a huge understatement. The ETH/BTC pair is down by nearly 50% year-to-date as it languishes in bear territory for 17 months and counting. The sentiment is so overwhelmingly bearish that some traders are happy to short the crypto pair.$ETH / $BTC 4Hethbtc short setup pic.twitter.com/2vH5M25M3W—...

Cameron and Tyler Winklevoss of the Gemini Exchange claim to have built a better vault system to protect their customers’ bitcoin and cryptocurrency assets. Gemini Brings On a Bigger, Better VaultOne of the big questions meandering through the crypto space as of late is, “How can we ‘insure’ people’s money? What can we do to protect money and ensure it remains safe from hackers?” After so many instances involving lost funds and personal data over the years, the question makes complete...

Apple has admitted to keeping its eye on bitcoin over these past few months, saying it finds the asset “interesting.” Apple and Crypto… Are They Matching Up?Today is the launch of Apple’s new iPhone 11, and company executives say they’ve been watching bitcoin for some time, with serious interest sparking in the currency earlier this year. The company had previously exhibited a mixed reaction towards digital currency units in the past.Last week, Jennifer Bailey – the vice president of Apple...

Ethereum price started an upward move and climbed above the $175 resistance against the US Dollar.ETH price is currently consolidating above the $180 level and it could continue to rise.There was a break above a major bearish trend line with resistance near $175 on the 4-hours chart (data feed from Coinbase).The price could climb higher significantly and it may perhaps break the $185 and $190 resistances.Ethereum price is gaining bullish momentum above $175 against the US Dollar. ETH price...

Dutch millionaire John de Mol, who created the hit reality television program “Big Brother,” is suing Facebook over phony bitcoin ads. He’s now asking the court to issue a ruling on the case.De Mol Wants the Courts to InterveneFacebook has been at the center of controversy for several years, starting with its alleged ties to Cambridge Analytica which were discovered in 2018. Facebook had purportedly been selling users’ private data to third parties for advertising purposes. Mark Zuckerberg...