Archive | altcoins

NEO the Chinese Dragon awakes

Most of this week’s crypto news has been dominated by Litecoin and Ethereum. Both have broken all-time highs and both have taken some of the limelight from big daddy Bitcoin which has ranged between $16,000 and $17,400 over the past few days. LTC has corrected from a previous top of $338 on December 12 and […]

Ethereum Classic Price Technical Analysis – ETC/USD Steadies Above $30

Key Highlights Ethereum classic price is in a decent uptrend and is placed nicely above the $30.00 level against the US Dollar. There is a major ascending channel forming with support at $30.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might continue to rise in the near term […]

Ripple Price Technical Analysis – XRP/USD Upside Surge above $0.60

Key Highlights Ripple price is climbing higher and is currently placed well above the $0.5500 level against the US Dollar. There is a monster bullish trend line forming with support at $0.5200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair will most likely accelerate higher above the $0.6000 and […]

Ethereum Price Technical Analysis – ETH/USD To Rise Further

Key Highlights ETH price made a nice upside move and traded above the $720 resistance against the US Dollar. There are two important bullish trend lines forming with support at $685 on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $735 level would open the doors for […]

Ripple Wakes Up After Long Slumber

There is always something going on in the crypto-land. The weekend saw the big bull and bear action on Bitcoin and the start of the week witnessed Ethereum and Litecoin breaking new tops. LTC continued to surge yesterday reaching an all-time high of $340 according to Coinmarketcap.com. A market correction saw prices return to just […]

Here’s the Issue With Crypto Personalities on Twitter

Alongside every crypto market surge, a similar surge of activity in cryptocurrency social media transpires. Popular crypto personalities benefit the most from this activity, gaining huge numbers of new followers. Some of their Twitter accounts have tens of thousands of followers, and sometimes more. These followers are very receptive to the content shared by these accounts, […]

In a World with A.I.-Powered Assistants, How Can You Trust a Bot?

Artificial intelligence is already permeating the workforce, changing the way businesses function. Today you’ll find A.I. software, like chatbots, completing administrative tasks—such as scheduling, booking, transcribing. They also conduct communication tasks, such as compiling and sharing information, answering questions, and more on behalf of humans. While the earliest examples followed very basic decision trees, advances […]

Ripple Price Technical Analysis – XRP/USD Rockets Above $0.40

Key Highlights Ripple price rocketed higher and traded above the $0.40 level against the US Dollar. There is a new connecting bullish trend line forming with support at $0.3200 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is now placed nicely above the $0.3000 handle and eyes more upsides […]

Ethereum Price Technical Analysis – ETH/USD Upside Drift

Key Highlights ETH price surged above the $640 level recently and traded to a new all-time high at $653 against the US Dollar. A monster connecting trend line with resistance near $650-660 is preventing gains on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, there is a bullish trend line with […]

Ethereum Classic Price Technical Analysis – ETC/USD Remains Buy

Key Highlights Ethereum classic price is moving nicely above the $26.00 support level against the US Dollar. There is a crucial contracting triangle forming with support at $26.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair might soon make the next move and will most likely break the $28.00 […]

Ethereum and Waves to setup self-regulation

Recent clampdowns on ICOs by a number of nations, China being the most prominent, have been spurred by the need for more regulation. Currently trading in crypto-land can be a bit like going to the casino in the Wild West. There is no safety net and no regulation on ICOs; anyone can start something up. […]

Ethereum Price Technical Analysis – ETH/USD Surges to New All-time High

Key Highlights ETH price spikes higher and breaks the $500 and $515 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $470 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently unstoppable and it might soon blast towards the $550 level. […]

Craigslist Adds “Cryptocurrency Ok” Option to Listings

The classified ads website Craigslist recently added the option for buyers and sellers to specify that they’d like to transact using cryptocurrency. The new feature was added late last week to little fanfare. It was another cryptocurrency news outlet that picked up the development that was subsequently reported in The Verge and other publications. To […]

Ripple Price Technical Analysis – XRP/USD Approaching Short-term Break

Key Highlights Ripple price is struggling to break the $0.2400 resistance is approaching a short-term break against the US Dollar. There is a contracting triangle forming with support at $0.2300 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might make an upside move above $0.2400 as long as it […]

Litecoin takes off as Bitcoin corrects

Bitcoin has had a wild ride this week, starting out at $11,000 and surging to over $18,200 seven days later. The market has now started to correct and BTC has fallen back to around $13,500 at the time of writing. The massive rush in demand has highlighted a number of inherent flaws in the system. […]