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Tag Archives: News

Stellar Lumen (XLM) Price Resume Decline, Risk of More Losses

Stellar lumen price started a fresh decline from the $0.1150 resistance zone against the US Dollar. XLM price is now trading below $0.1125 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.1100 and $0.1080 support levels. Stellar lumen price is trading below $0.1150 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Continue To Struggle Near $0.482

Ripple price started a fresh decline from the $0.4820 resistance against the US dollar. The price is now trading below $0.460 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.4685 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it clears the $0.4820 and $0.5000 resistance levels. Ripple price is struggling below $0.4820 against the US...

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Chainalysis: Mena Is the Top Crypto Region

The two fastest growing regions in the category of crypto use and adoption include North Africa and the Middle East. Both areas – between July 2021 and June 2022 – accounted for about nine percent of the world’s crypto transactions according to a report by blockchain analysis firm Chainalysis. Chainalysis Shows the Mena Region as the Top Crypto Performer Both the Middle East and North Africa make up what’s known as the Mena region, and during the allotted period, that...

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Binance Hacked; Nearly $600 Million in BNB Stolen

It’s happened again, folks. Another hack is in the books, but this one was not only large, but also unexpected. The victim this time around is Binance, the largest and most powerful digital currency trading platform in the world. Binance Has Lost a Lot of Money At the time of writing, the exchange has lost more than $600 million in a cyberattack. All the funds in question were in BNB, which stands for Binance Coin. It is the exchange’s native token. The exchange reported...

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