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Tag Archives: Altcoin News

Stellar Lumen (XLM) Price Turns Sell on Rallies Near $0.092

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is struggling below the $0.0950 resistance zone against the US Dollar. XLM price is now trading below $0.0920 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.0920 on the 4-hour chart (data feed via Kraken). The pair could start a...

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Ripple Price Analysis: XRP Could Face Hurdles Near 0.45

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a fresh decline from the $0.470 zone against the US dollar. The price is now trading below $0.450 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.440 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair...

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Elon Musk (Briefly) Changes the Twitter Logo to the Dogecoin Dog

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Elon Musk – the South African billionaire behind companies like Tesla and SpaceX – played a last-minute April Fools’ joke and changed the Twitter logo (Twitter being the most recent company he bought) to that of the Dogecoin dog. Elon Musk Pulls a Twitter Twist The move aided Dogecoin and brought the coin up by...

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CryptoQuant: Bitcoin 2023 Price Rally Is Proof Crypto Would Revisit All-Time High Early Next Year

CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023.  Crypto trading data analyzer CryptoQuant recently weighed in on Bitcoin’s (BTC) price potential and appeal in 2023. In a media session, representatives from the crypto trading analyzer opined that more institutions could shore up on BTC later this year. The decentralized data provider’s reps also forecasted the prominent token returning to its previous record high by...

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Binance.US Explores Reducing Stake of Changpeng Zhao amid US Regulatory Crackdown

The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators.  As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong crackdown by the United States federal regulatory authorities. Currently, CZ is the majority stakeholder currently in Binance.US, as reported by The Information citing sources familiar...

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TABOO Pushes Its Valuation to $250M Following $10M Funding Round

The TABOO token was designed to serve as a major utility token to help every user of the platform to get the most utility from using the services. TABOO, an adult entertainment platform, has raised a sum of $10 million in funding as it seeks expansion of its service offering using the power of blockchain technology. According to a press release shared with Coinspeaker, TABOO is now valued at $250 million following the funding round. According to the announcement, the funding round for...

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Bitcoin Cash Analysis: Bears Aim Fresh Drop To $100

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a short-term rising channel forming with support at $112.80 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

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Circle Adjusting Its USDC Reserves for Avoiding US Default Risks

Amid the current banking crisis in the United States, stablecoin issuers like Tether and Circle have been moving their reserves to the safest instrument i.e. US Treasury. In a recent development, USDC stablecoin issuer Circle has reported that it has recently adjusted its reserve treasury in order to avoid the risks of US debt defaults. On Wednesday, May 10, Circle CEO Jeremy Allaire appraised the same stating that the firm has adjusted the mix of reserves backing the stablecoin USDC by...

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Venom Foundation Inks Partnership with Kenyan Government to Create Blockchain Hub

Venom’s blockchain hub is also expected to attract a wide range of stakeholders, including developers, entrepreneurs, investors, and regulators. Venom Foundation, which recently hit the news with its testnet launch and hackathon, has signed a Memorandum of Understanding (MOU) with the Kenyan government. This partnership is billed to help in setting up a blockchain hub in Kenya, focusing on the development of Web 3.0 applications. As it was announced, the hub aims to promote the adoption...

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EOS Price Analysis: More Losses Seem Likely Below $0.92

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline below the $1.00 level against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.920 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could...

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