Cryptocurrency

A cryptocurrency is a digital asset or virtual money that is secured by cryptographic algorithms. Some cryptocurrencies are decentralized and are based on Blockchain technology or distributed ledger technology.  

The first cryptocurency was developed by the American cryptographer David Chaum, who has described is ecash anonymous cryptographic electronic money in 1983. Now Bitcoin is one of the most popular and biggest cryptocurrencies.

Litecoin May Lose Critical Support as Sellers Approach $60 Low
Nov 27, 2020 at 12:47
News
Litecoin May Lose Critical Support as Sellers Approach $60 Low
On November 24, Litecoin rallied to $94 high but could not continue the uptrend. LTC retraced to the $86 low and resumed consolidation between $84 and $90.
Supporting Cryptocurrency Business: US takes the Lead
Nov 27, 2020 at 11:12
News
Supporting Cryptocurrency Business: US takes the Lead
The existing interaction between banks and cryptocurrency companies is not the best so far, and there are little to no efforts being put in place to address this issue. Some central banks are giving orders to other financial institutions not to deal in cryptocurrencies including Bitcoin. Bans and warnings have been issued by banks to keep away from using or trading cryptocurrencies.
Ripple Is in a Downward Correction, a Breakdown to $0.40 Low Likely
Nov 26, 2020 at 13:47
News
Ripple Is in a Downward Correction, a Breakdown to $0.40 Low Likely
On November 24, Ripple rallied to $0.78 high but pulled back to $ 0.70 low. The altcoin is repeating the price action of September 17, 2018. In that price action, the crypto rallied to $0.79 high.
Ethereum Slumps below $500, Faces Strong Rejection at $620 Resistance
Nov 26, 2020 at 12:59
News
Ethereum Slumps below $500, Faces Strong Rejection at $620 Resistance
Following its impressive bullish run and rally to $620 high, Ethereum faces strong selling pressure from the recent high.
Bitcoin Cash Is in a Brief Rally, Faces Strong Rejection at $360 Resistance
Nov 25, 2020 at 13:19
News
Bitcoin Cash Is in a Brief Rally, Faces Strong Rejection at $360 Resistance
Since November 20, the bulls have broken the resistance at $260 and $280. This bullish scenario has provided an enabling ground for the coin to achieve price acceleration.
Litecoin Surpasses Previous Peak Price of $82, Struggles below $90 Resistance
Nov 24, 2020 at 13:23
News
Litecoin Surpasses Previous Peak Price of $82, Struggles below $90 Resistance
Litecoin (LTC) has continued its rallies as bulls broke above the previous peak price of $82. Initially, the LTC price was making a series of higher highs and higher lows.
Son of Beatles Legend joins Bandwagon of Celebrities Supporting Bitcoin
Nov 23, 2020 at 14:43
News
Son of Beatles Legend joins Bandwagon of Celebrities Supporting Bitcoin
Sean Ono Lennon, the descendant of the legendary John Lennon of the Fabulous Four from Liverpool, has become an official supporter of Bitcoin. He has joined the bunch of celebrities favouring cryptocurrencies.
Bitcoin SV Breaks Range-bound Move, Lacks Buyers on the Upside
Nov 22, 2020 at 13:08
News
Bitcoin SV Breaks Range-bound Move, Lacks Buyers on the Upside
Yesterday, buyers made concerted efforts to break the three months old sideways trend of the coin. BSV has not been able to trade above the $180 overhead resistance since September.
Social Tokens Are Becoming a New Way of Interaction Between Celebrities and Their Supporters
Nov 21, 2020 at 12:31
News
Social Tokens Are Becoming a New Way of Interaction Between Celebrities and Their Supporters
Since the advent of cryptocurrency, the digital payment world has become very diverse. New forms of digital currencies are being developed every now and then. One of the latest developments include social tokens, a form of digital assets that are backed by the reputation of the community, the creator, an individual or a brand.
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