Ripple price formed a solid support near the $0.2940 and traded higher against the US dollar. There was a break above two key bearish trend lines with resistance near $0.2980 on the hourly chart of the XRP/USD pair (data source from Kraken). The price tested the $0.3040 and $0.3050 resistance levels, where sellers emerged. In the short term, there could be a minor downside correction before the price spikes above $0.3050 and $0.3080. Ripple price is holding a few important supports against the US Dollar and Bitcoin. XRP/USD is likely…
Day: February 18, 2019
Ethereum Price Analysis: ETH Rallies Above Key Resistance, Next Target $145
ETH price gained strength above the $125 and $130 resistance levels against the US Dollar. There was a proper close above the $130 resistance level and the 100 hourly simple moving average. There is a key bullish trend line in place with support at $128 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to continue higher and the next targets for buyers could be $140 and $145. Ethereum price is gaining strength above key levels against the US Dollar and bitcoin. ETH/USD is placed…
Ethereum Core Developer Quits Social Media Over ‘Conflict of Interest’ Attacks
Ethereum core developer Afri Schoedon is taking a step back from social media due to an onslaught of online criticism. Tweeting Sunday that he will “no longer respond on Gitter, Skype, Discord, Slack, Wire, Twitter and Reddit,” Schoedon said that for the foreseeable future he would no longer answer contribution requests or general technical questions directly from the public. Having contributed to the ethereum codebase since September 2017, the comments have inspired responses from other developers who are outraged over the actions that led to his decision. “I’m so angry and…
Wall Street Crypto Insider: Ethereum Futures Would Create Healthy Markets
ErisX To CFTC: Ethereum Futures Would Be Positive Last year, as the crypto market stumbled, ErisX, instantly deemed a potential competitor to Bakkt, was unveiled to the desperate Bitcoin community. Yet, since the American upstart first hit headlines, the company, who has strategic partnerships with Bitmain, ConsenSys, Digital Currency Group, Nasdaq, TD Ameritrade, among other groups, has released scant public information about its operations. But, ErisX chief Thomas Chippas, a Wall Street legend that once on the C-suites/boards of Citadel, Citi, Barclays, and Deutsche Bank, recently filed a letter to the U.S.…
Buy Pizza With Bitcoin! Crypto Twitter Enamored With Lightning Network App
Years ago, when Bitcoin was just a wee lad, a crypto user going by Laszlo made the world’s first real-world transaction with BTC. In what became a historic event in this nascent community, the BitcoinTalk user purchase pizza for 10,000 BTC, then valued at less than $40. Since that date using crypto to purchase pizza, or other articles of food at all for that matter, has faded to the back of this industry’s collective mind. But, this changed with a recent application/integration launched on the Lightning Network. You Can Purchase…