Litecoin Surges Ahead, Reaches First Target at $60
Jan 17, 2020 at 12:41News
Litecoin makes impressive moves and attempts to move out of the oversold area. Unfortunately, LTC reaches its first target price of $60 but struggles to break it. LTC is in a sideways move while the bulls attempt to breach the high of $60.
Bitcoin Cash in a Tight Consolidation, Chance of Breakout Likely
Jan 17, 2020 at 11:48News
The bulls are unrelenting after their successful move to $360. In the last three days, BCH has been consolidating near $360 while the bulls attempt to retest the resistance. There is a likelihood of price rise as all the indicators are pointing in one direction.
FBI Working with Cryptocurrency Victims of QuadrigaCX Exchange to Resolve the Matter
Jan 17, 2020 at 09:14News
According to January 14 reports from a source close to the matter, a team from the intelligence and security service of the U.S. known as the Federal Bureau of Investigation (FBI), has decided to work with interested Bitcoin traders who lost their funds to the obsolete Canadian cryptocurrency exchange QuadrigaCX so as it can gather more facts and evidence regarding the main cause of exchange’s downfall.
Ethereum Upside Momentum Is Picking, but Sellers Are Unrelenting
Jan 16, 2020 at 13:53News
Expectantly, the bulls have rallied above $148 and $157 to reach $170. However, the bulls fail to maintain the price at the resistance zone because of insufficient buyers at the upper price level. Initially, the price rally was into the previous price range of $160 and $200.
Cryptocurrency Market Booms, Bitcoin Price Moves Towards $9,000 Level
Jan 16, 2020 at 12:50News
Yesterday, the entire market capitalization of the cryptocurrency industry increased by around 9.5% to approximately $238.112 billion. That was achieved with $165.287 billion daily traded volume, 203% volume increase which hypothetically indicated the outset of the 2020 alt season, and possibly the next bull run. Even though Bitcoin (BTC) price soared with the rest of the industry, it didn’t change as positively as the rest of the major altcoins, so, it managed to decline by more than two points of dominance, and reduced up to almost 66.4 percent.
Ripple Rallies Breaking Key Resistances
Jan 16, 2020 at 12:08News
Ripple made an unexpected move above the overhead resistance at $0.23. Unfortunately, the bulls failed to hold the price at that level as the coin slumped to the low of $0.22. Sellers are still having the upper hand over buyers. Buyers made their way to the $0.24 price level but were pushed down to the low of $0.22. In a nutshell, XRP will need more buyers at the upper price level.
Italy Appreciates Blockchain-based Copyright Management Project
Jan 16, 2020 at 10:29News
The Italian Society of Authors and Publishers (SIAE) obtains the first place in the ministry of economic development (MiSE) rankings with a project dubbed "Copyright management on 5G networks with Blockchain." The ministry is trying to fund and support disruptive technologies including smart contracts, DLT, cryptocurrency, artificial intelligence (AI), internet of things (IoT).