Today's Hot Topics

Ripple (XRP) Shorts Up More Than 70% Today, Price Falls Below 50 Week MA

Ripple (XRP) shorts rose more than 70% today as XRP/USD kept on rising. The price has now retraced below its 50 week moving average and the bears are starting to gain control. Ripple (XRP) has been a poor performer since the beginning of the year and as we have seen in the past few months, it is no longer the go to cryptocurrency for traders looking to profit the most off a market rally. XRP/USD to be quick to react to market movements and was the cryptocurrency that would make the most gains in the least time during a market...

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Following USDT Scandal: Stablecoins Are Flocking To The PermaWeb To Increase Transparency

The cryptocurrency community can’t quite keep up with the number of scandals surrounding Tether. Whether it's the silent update of the company’s terms and conditions, murky relationship with Bitfinex, or an inability to satisfy concerns on the legitimacy of its supposed multi-billion-dollar reserves - sentiment towards the project has never been as bleak.    However, with Tether and its USDT token still regarded as the de-facto crypto stablecoin, the industry is in dire need of a more legitimate, accountable, and perhaps, most importantly, transparent alternative. In full recognition of these consumer demands, the likes of TrueUSD, NOS, and Moneyfold -...

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Litecoin (LTC) Likely To Fall Back To $70 As Price Forms A Double Top

Litecoin (LTC) has topped out and is now at risk of a major decline that could pull its price back to $70 in the days ahead. The RSI as well as the PPO indicator on the 4H chart for LTC/USD point to the likelihood of a strong decline in the near future. The halvening hype has kept Litecoin (LTC) at center stage in the altcoin market despite the fact that Litecoin (LTC)’s future prospects are diminishing with every passing day as Bitcoin (BTC) gets closer to becoming faster and cheaper. We might soon see Bitcoin (BTC) doing all that Litecoin...

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Rumours Spark On eBay’s Journey to Accept Cryptocurrency

Its been a bullish few weeks for the cryptocurrency space and this week doesn’t seem any different. Just as Bitcoin surpassed the $7k mark over the weekend, the US-based e-commerce giant, eBay is rumoured to make an entrance into the crypto space after a leak online. After Consensus ads leaked an eBay banner with the slogan “virtual currency. It’s happening on eBay”, things seemed to kick off in the crypto world. You can see the banners here. "Leaked from Consensus, eBay possibly announcing the support of cryptocurrencies on their website." - @PatronsOfTheMoon Telegram. #share #bitcoin #cryptocurrency pic.twitter.com/xqbpdysUic — wolf (@ImNotTheWolf)...

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Ripple (XRP): Here’s What It Would Take For The Bulls To Return

Ripple (XRP) is trading below a critical trend line support now and the price has already tested it as resistance. This coupled with the fact that XRP/USD is already trading within a descending triangle has raised some red flags. Ripple (XRP) is one of the few large cryptocurrencies that investors worry could take the whole market down with it. As BTC/USD nears a potential downtrend, investors are looking for a black swan event that could trigger the next sell-off. We have seen the recent Binance exchange hack do little to affect the enthusiasm of overly excited bulls. Maybe something like...

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