Ripple (XRP) Consolidates, Why It Could Rally Again To $0.75

Ripple rallied significantly above $0.6000 and $0.7000 before correcting lower against the US Dollar. XRP price is now consolidating above $0.6200 and eyeing the next crucial break. Ripple started a strong rally after it settled above the $0.3000 resistance against the US dollar. The price tested the $0.7500 resistance and settled well above the 100 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $0.7000 on the 4-hours chart of the XRP/USD pair (data source Read more …

John Lennon’s Son Says Bitcoin Empowers People, Gives Him Optimism in Ocean of Destruction

Sean Ono Lennon, the son of the Beatles’ John Lennon, says bitcoin gives him optimism amid the “ocean of destruction” this year. He believes that the cryptocurrency empowers individuals the way they have never been empowered before. Bitcoin Gives Sean Lennon Optimism Sean Ono Lennon is the son of the Beatles’ lead vocalist, John Lennon, and Japanese singer Yoko Ono. Sean talked about bitcoin with Max Keiser and Stacy Herbert on the Orange Pill podcast published Sunday. After discussing several Read more …

Why 100 SMA Could Trigger Fresh Increase

Ethereum started a downside correction from the $620 zone against the US Dollar. ETH price is now trading near a major support at $580 and the 100 hourly SMA Ethereum started a downside correction after it failed to clear the $620 and $625 resistance levels. The price traded below the $600 support, but it is still above the 100 hourly simple moving average. There is a key declining channel forming with resistance near $600 on the hourly chart of ETH/USD Read more …

Bison Trails launches QT protocol to help developers build on Libra

Blockchain technology and staking service provider Bison Trail has announced the launch of its Query and Transactions Clusters, or QT, protocol to help developers build on Facebook’s forthcoming Libra network. Libra QT offers a bridge between Libra’s pre-mainnet and off-chain systems, allowing dedicated off-chain infrastructure to read and write data to the blockchain. According to a Nov. 25 announcement from Bison Trails, which provides blockchain services and infrastructure to crypto companies, “Libra QT offers fully-managed, dedicated, and highly resilient Libra Read more …

Stellar Lumens doubles in price following upgrade

The price of Stellar Lumens (XLM) shot up 60% in the past 24 hours and crossed the 20 cent mark for the first time since Sept. 2018. The ‘stellar’ price action followed an announcement by the project’s developers that a new version of the Stellar public network protocol had been implemented by validators. The Protocol 15 upgrade was voted into effect at 4:00 PM UTC on Nov. 23 and introduces two new features that aim to reduce the level of Read more …

Bitcoin Correcting Gains, Key Resistance Turned Support Nearby

Bitcoin price broke to the upside and traded close to $19,500 against the US Dollar. BTC is currently correcting gains, but the previous resistance near $18,800 could provide support. Bitcoin traded above the $18,700 and $18,800 resistance levels before correcting lower. The price traded close to the $19,500 level and settled above the 100 hourly simple moving average. There is a major bullish trend line forming with support near $18,800 on the hourly chart of the BTC/USD pair (data feed Read more …

6,700 investors lock $10.5M in Oasis Network’s token-drop

Initial token sale platform CoinList has revealed that more than 6,700 investors participated in Oasis Network’s “ROSE Garden” token drop. The ROSE Garden token drop was designed to ensure an equitable token distribution and attract robust participation from stakers for the launch of the project’s mainnet. It allowed investors to lock up to 2,000 USDT or USDC before Nov. 18 for a period of one month in exchange for Oasis’ native ROSE token. Oasis is a privacy-focused network designed to Read more …

Bitcoin price, altcoins and the Dow set record highs as bulls run the market

On Tuesday the bulls showed that they are in full control of the crypto market as Bitcoin (BTC) rallied to $19,418.97 and several top-10 altcoins went on a double-digit rampage to new 2020 highs. Notable performers of the day were Stellar Lumens (XLM) and XRP with a 53% and 38% gain respectively.  Daily cryptocurrency market performance. Source: Coin360 With all the excitement and anticipation surrounding the possibility of BTC moving to $20,000, crypto traders may have missed an equally impressive Read more …

Verge, Dash, and Status Follow XRP Higher Amid Absurd Crypto Rally

The crypto market is in a phase where altcoins from the previous rally, 2017’s bull market, are absolutely ripping faces off. While Bitcoin is up 5% in the past 24 hours, there are a series of these altcoins that have gained dozens of percent over the past day. These include but are not limited to Verge, Status, Dash, XRP, Stellar Lumens, and many more. Many have been caught off guard by this rally: a few days ago, the narrative was Read more …

Yearn Finance absorbs Pickle to boost DeFi rewards

Decentralized finance protocol Yearn has announced a partnership with Pickle Finance to bolster yield farming incentives, and compensate victims of the recent Pickle exploit that resulted in the loss of almost $20 million in Dai. According to an announcement from Yearn founder Andre Cronje, the move is designed to reduce duplicate work, increase specialization, and leverage shared expertise. Pickle Finance vaults, or ‘Pickle Jars’ as they’re known, are cloned versions of Yearn’s v1 yVaults so the code is similar. Pickle Read more …

‘No debate’ that Bitcoin will increase 20X says gold industry insider

Gold Bullion International co-founder Dan Tapiero believes that it’s only a matter of time before Bitcoin’s price surges into the six-figure threshold.  Speaking to Anthony Pompliano on the Pomp Podcast, Tapiero asserted that in terms of price appreciation Bitcoin is the king, even though he believes investors should own both gold and Bitcoin: “In the next five years, I can see gold at $4,000, so that’s double. But if gold is at $4,000, Bitcoin is probably somewhere between $300,000 and Read more …

Hackers Paradise: Yet Another Defi Protocol Exploited for Nearly $20 Million in DAI

Decentralized finance (defi) protocol Pickle Finance was hacked for $19.7 million of the stablecoin DAI over the weekend, as the defi industry appears to be turning into a hackers paradise. Pickle’s native token (PICKLE) plunged 62% on the news, falling from $23.27 to $8.70 when the hack was first reported on Nov. 21. At the time of writing, the token has since rebound 29% in 24 hours to $18.51, according to Coingecko data. This is the fourth hack to hit Read more …