Ethereum Just Shot Up $250 But Don’t Bet on That Resistance Breaking

While Bitcoin was rejected at the $9,800 resistance, Ethereum has continued to press higher. The second-largest cryptocurrency is up by around 4% from the past 24 hours’ lows, outpacing Bitcoin’s relatively mild 1-2% gain. ETH’s latest uptick brings it close to the crucial $250 resistance level. This level has been important over the past few months, acting as resistance on multiple occasions. $250 is also a psychological resistance due to it being a round number. Unfortunately for […]

A Fund Manager Just Bashed XRP, Bitcoin Cash, and Other Altcoins

Save for a few blips, XRP, Litecoin, Bitcoin Cash, and others have been part of the top 10 cryptocurrencies for years. Since the crash of 2018, the altcoins at the top of the pack have largely been unquestioned. But a prominent researcher and fund manager is challenging the status quo. He wrote in a recent tweet that he doesn’t think that five of the top 10 cryptocurrencies “do NOT deserve” being where they are today. […]

Accurate Analyst Expects Chainlink To Sustain Over 70% Drop: Here’s Why

One of the hottest cryptocurrencies in the past few weeks has been Chainlink (LINK). Compared to Bitcoin, which is up 20% year to date, the asset recently posted a 100% year-to-date gain, rising to become the twelfth largest altcoin by market cap. Many have looked to LINK’s functionality and adoption, with venture fund Parafi Capital writing in a recent MakerDAO forum post: “Given its marketcap, liquidity profile, and appetite for speculation, we see value in […]

Fears of a Crypto Crash Grow: On-Chain Data Signals Imminent Altcoin Weakness

Although all altcoins are not yet rallying in tandem, some top crypto assets have been outperforming as of late. Case in point: CoinMarketCap data as of the time of this article’s writing, XRP — the third-largest cryptocurrency by market capitalization — is up 10% in the past 24 hours, outpacing Bitcoin’s relatively mild 0.5% gain. This rally in some of the leading altcoins is unlikely to continue, with crypto firms observing a clear slowdown in […]

3 Reasons Why XRP is Unlikely to Benefit From Ongoing Altcoin Surge

Despite the fact that all eyes have been on Bitcoin as of late, the hype around a rally in XRP and other altcoins has grown over the past few weeks. After all, Ethereum has embarked on an extremely strong rally against BTC over the past few weeks, retaking support level after support level on the back of institutional buying pressure via Grayscale and positive fundamental news. Luke Martin, a prominent crypto trader featured on CNN […]

420 Day in Crypto: Remembering the Class of Altcoins That Went Up in Smoke

During the crypto hype cycle and asset bubble that formed in late 2017, everyone jumped on the cryptocurrency bandwagon and scrambled to launch altcoins designed to power a specific industry or category. To celebrate the current 420-day holiday taking place across the globe, we’re looking back at a small subset of altcoins that went completely up in smoke when the bubble eventually popped. Remember The Unnecessary Altcoins Launched During Irrational Exuberance? There’s an altcoin token […]

Data Shows XRP’s Community Is Dissolving Fast: What’s Behind the Trend?

XRP has long had an active and loud community, hence their moniker “the XRP Army.” For some reason, the third-largest cryptocurrency by market capitalization managed to become a crowd-favorite project, with a seemingly endless flow of supporters. According to new data, however, this is changing, with multiple reports indicating that the Ripple community is shrinking at a rapid clip despite positive fundamental developments. XRP’s Community Is Shrinking… and Fast According to “The State of Digital […]

$1 Billion of USDT Is Sitting on Binance, and That’s Big for Crypto

Over the past few months, Tether’s USDT stablecoin has become increasingly important to the crypto market; the asset’s market capitalization has swelled as it has surged in adoption, now amounting for much of Ethereum’s network traffic. Due to the growth, tracking the movement of USDT has given investors novel signals as to potential market trends. One such signal has seemingly appeared, with data indicating that leading crypto exchange Binance now holds a large sum of […]

Bitcoin SV Roadmap Is Only Available to a Select Few

Just in case you wanted to catch a glimpse of Bitcoin SV’s roadmap, you’ll need to be part of the inner circle first. Head over to the page where it resides and you’re met with a message saying “protected” and prompting you to enter a password. Bitcoin SV Roadmap Is Password Protected The decision from the Bitcoin SV camp to password-protect their road map seems like a curious one. It was pointed out by Dragon […]

Bitcoin Cash 51% Attack Cost Is Crazy Cheap Right Now

According to a site called Crypto 51, the cost for staging a 51% attack on PoW coins is a lot lower than you think. In fact, right now, the cost per hour for wiping out Bitcoin Cash is just $9,130. That doesn’t include block rewards which “can reduce the attack cost by up to 80%.” 51% Attack on Bitcoin Cash Alarmingly Cheap Crytpo 51 shows a list of PoW coins including Bitcoin, Ethereum, Litecoin, Bitcoin […]

Global Stablecoins Could ‘Pose Systemic Risks’ to EU

The French Financial Markets Authority (AMF) has provided its position on crypto-assets and regulation in a response to the European Commission’s consultation. While the country supports an “ambitious approach” to foster innovation, authorities remain concerned about the threat of global stablecoins. AMF Responds to EU Proposal on Crypto Assets The EU has been working on a strategy that promotes digital finance within the bloc but also addresses the new risks it causes. The Commission launched […]

Youtube Crypto Censorship Just Got Extreme

We’ve seen YouTube clamp down on crypto channels before. Some have fallen victim to an algorithm update and been reinstated, others permanently purged as fake accounts and scammers. But now it looks as if the world’s largest video social platform has over-stepped the mark. YouTube Permanently Deletes Crypto Crow Channel Warnings, strikes, temporary bans, and takedowns of specific content are all par for the course when it comes to cryptocurrency influencers on YouTube. However, a […]

Ripple Co-Founder Unlocks 63.7 Million XRP From Settlement Wallet

Guess who’s at it again moving the latest part of his Ripple settlement? Co-Founder Jed McCaleb just transferred 63,704,590 XRP ($12,293,769) to his personal wallet. XRP holders brace for the possible incoming dump. Former Ripple Founder’s Massive XRP Transfer Late last night, Whale Alert flagged up the gigantic XRP transfer from Jed McCaleb Settlement to Jed McCaleb’s wallet. More than $12mn worth of XRP could be getting ready to be dumped on the market. 🚨 […]

Ripple’s XRP Scores New Crypto Exchange Listing

With Ripple’s XRP posting significant gains today, things could be looking up. XRP just scored a new listing on top-50 cryptocurrency exchange WhiteBIT paired with BTC and USDT. Things Looking Up for XRP? Ripple’s XRP suffered a catastrophic 2019 as the worst-performing of the top 10 coins last year, finishing the year at less than 20 cents a coin. But, in 2020, XRP seems to have followed the trend of most major coins. It started […]

Bitcoin.com Fires 50% of Staff Ahead of BCH Halving

It’s tough times ahead for BCH as Bitcoin.com prepares to work on a skeleton team. Just five days before the halving, the platform has allegedly fired half of its staff. Bitcoin.com Lays Off 50% of Workforce There’s been a ton of speculation leading up to the Bitcoin Halving over what will happen if the price doesn’t recover. In fact, after the savage sell-off last month that hammered all markets, the Bitcoin network adjusted its mining […]

XRP Falls Behind Bitcoin SV, Dogecoin in Active Addresses

Evidence suggesting a change in investor behavior continues to grow as XRP and a handful of other projects see serious declines in crypto wallet addresses over the past 4 weeks.  XRP Investors Hodling or Losing Interest? Analyst CryptoRand has posted a chart showing the number of dynamic addresses has decreased among many major platforms over the past month. According to Crypto Differ figures, XRP is by far the worst affected. Interesting decrease on $XRP dynamic […]

Ripple Launches X-Border App With Thai Commercial Bank

In a country with more mobile phone subscriptions than people, mobile banking has taken off in Thailand in a big way. After partnering with a fintech remittance company recently, Ripple is now sewing up the Thai market by joining forces with its largest commercial bank, SCB. Ripple to Boost Thai Remittances Further Hot off the heels of its partnership with DeeMoney that allows more than 1 million Thais to send money home, Ripple is now […]

Hijacked YouTube Accounts Promote Crypto Scam Using Bill Gates

On Monday, it appeared that Bill Gates was ‘promoting’ a widely renowned crypto scam on several YouTube live streaming videos that seemed to be published on Microsoft’s official channels. Hackers Hijack YouTube Accounts, Rename to Microsoft Brands ZDNet reported yesterday that a hacker had taken control over dozens of YouTube accounts, renamed them to reflect Microsoft brands, and promoted a Ponzi scam. The problem was that the hijacked accounts had tens of thousands of users. […]

Telegram Project in Trouble as Investors Said to Seek Refund

It looks as if the Telegram blockchain project is about to hit another wall. According to a local Russian news site, at least 10 large investors are ready to ask for their funds back. Telegram Blockchain Faces Further Problems According to Yakov Barinsky, the head of Russian crypto investment firm Hash CIB cited in TASS, Telegram investors have had enough. He says that at least 10 major investors in the Telegram Open Network (TON) are […]

South Korean Crypto Exchanges Aid Police in Child Porn Investigation

South Korea’s four major cryptocurrency exchanges, Upbit, Bithumb, Coinone, and Korbit, reportedly stated that they would support the local police in investigating the so-called “nth rooms” phenomenon, which turned into a nation-wide scandal. Crypto Exchanges Reportedly Said Celebrities Were Users For years, dozens of South Korean middle school girls, and sometimes boys, were filmed performing violent sexual acts and self-harm. The videos were then shared through Telegram chat rooms in exchange for payments made in […]