Category: Altcoin News

Largest Russian Bank “Sber” to Pilot Digital Currency SberCoin by 2021

Sber, the largest Russian bank has revealed its plans of working towards developing their own digital currency back in August, now the CEO of the bank Herman Gref has confirmed that they have chosen JP Morgan as their technology partner. Sber boasts of over 100 million customers and recently even dropped bank from its name […]

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Chainlink recovery hampered under $14.5 but these key support levels hold the fort

Chainlink holds above the critical support provided by the 50% Fibo in conjunction with the 100 SMA. LINK/USD could resume the uptrend as long as the price reclaims the position above $14 and holds the 50% Fibo support. Chainlink’s upside recently hit a wall amid the recovery from the Thanksgiving Day crash to $11. Several […]

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Breaking: Visa Partners With Ethereum Based U.S. Dollar Coin [USDC]

Visa known for its credit cards today announced a partnership with U.S. Dollar Coin [USDC] built on ethereum [ETH] blockchain. This announcement comes just few days after ethereum completed its much awaited ETH 2.0 update. Many crypto experts are seeing this as a bullish sign for crypto industry. 60 Million Merchants on Visa’s network to […]

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Bitcoin Cash clasped between key resistance and support after a massive 13% drop

Bitcoin Cash lost the ground above $300 again following rejection at $320. BCH/USD is stuck between the 50 SMA resistance near $300 and the 100 SMA support at $280. Bitcoin Cash recently recovered from the Thanksgiving Day crypto crash. The losses on Thursday last week failed to embrace support at all the three moving averages; […]

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Ethereum on the cusp of a massive breakout to $625 if this key hurdle is broken

Ethereum lifted to new yearly highs at $636 but corrected under $600 to seek formidable support. Ethereum’s short-term analysis is bullish, where a daily close above $600 could see it resume the uptrend to $700. The smart contract giant is currently playing defense mechanism after correcting from the recent new yearly high at $636. The […]

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Ripple’s remarkable 291% rally in November in jeopardy as the chart prints this critical bearish pattern

Ripple’s recovery hits a barrier at $0.7, giving way to an ongoing retreat. XRP/USD seems poised for a massive breakdown likely to retest support at the 100 SMA. Ripple soared massively in November, becoming one of the strongest cryptocurrencies in terms of rebound. The flash rise to $0.92 brought to light the possibility of XRP […]

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Ethereum soars 25% from the recent dip, eyes on $625 as bulls swing back into action

Ethereum rebounds from last week’s support at $480 to almost testing the resistance at $600. A break above $600 is expected to elevate Ethereum above $625, and perhaps send it on a pathway to $700. Ethereum has recovered significantly since last week’s dive to the support at $480. The weekend session was kind to other […]

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Ripple Sells 1/3rd of Its Stake in MoneyGram

Ripple in a first of its kind move has filed for selling one-third of its shares in MoneyGram, one of its key strategic partners from 2019. The blockchain solution provider had completed a $50 million investment in MoneyGram in November last year. According to the official filing made with the SEC, Ripple currently owns 6.22 […]

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Ethereum All Set to Transition From PoW to PoS, Vitalik Praises Developers Working on ETH 2.0

ETH 2.0 met the threshold number of validators before the cut-off date of November 24 making way for a timely launch of Phase 0 in the form of the Beacon chain on December 1st. The Bacon Chain launch would mark the beginning of a new era for Ethereum blockchain as it moves from a Proof-of-work […]

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Polkadot relentless in the fight to sustain the uptrend after a 33% drop

Polkadot bulls are working around the clock to reclaim the ground within an ascending parallel channel. DOT/USD must close the day the 100 SMA to confirm the uptrend towards $5.4. Polkadot was not left spared by the bearish wave that swept across the market on Thursday. The altcoin lost up to 33% of its value […]

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