CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, RIPPLE News, IOTA News

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, RIPPLE News, IOTA News
Bitcoin is calculated above $ 19k
The bitcoin price is trading in positive territory above the $ 19,000 zone against the US dollar.

The recent upward move was such that the price climbed above the $ 19,000 resistance and the 100-hour simple moving average. Moreover, on the hourly chart of the BTC pair, the dollar broke above the key contracting triangle with resistance around $ 19,150.
Bitcoin price is currently trading above the 50% Fibonacci retracement level of the recent downward correction from a high of $ 19,433 to a low of $ 18,959. It shows many positive signs above the $ 19,150 and $ 19,200 levels.
Immediate resistance is near the $ 19,320 level, or 76.4% of the Fibonacci retracement level of the recent downtrend from the $ 19,433 high to the $ 18,959 low. A break above $ 19,320 could open the door for more gains above the $ 19,433 high.
Bitcoin Price Shows Bullish Signs

Investors track down scammers who have returned to Ethereum
There were three scams in the Ethereum DeFi space that totaled $ 1.2 million in losses.

Taking advantage of the recent risky behavior of most crypto investors, individual attackers have seemingly carried out three separate exit scams, resulting in hundreds of victims.
In the course of the fraud, people carried out “pre-sales” of their projects, in which Ethereum was collected at the expense of voluntary investors; then, when it came time for projects to issue coins purchased during presale, the money was transferred to an external wallet and sold.
Only on December 11 this was done by the projects DeFiB, iBase / YFFS and DeTrade Fund.
Fortunately, an investigation by community members and investors affected by these scams forced the operators behind the two scams to recover the stolen capital.
Investors track scammers

Ethereum Goes Green Above $ 580 Why $ 600 Is Still A Major Hurdle
Ethereum started to rally solidly and climbed above $ 580 against the US dollar, just like Bitcoin.

After forming a support base of around $ 535, Ethereum began to grow steadily. ETH traded higher and broke several important hurdles around the $ 550 level to move into positive territory.
It traded at $ 594 and is currently consolidating gains.
There was a slight decline below the $ 585 level. The price even traded below the 23.6% Fibonacci retracement of the upward movement from the swing low of $ 563 to the high of $ 594.
However, ether is finding strong support near the $ 582 and $ 580 levels. Also on the hourly ETH chart, the dollar is forming a major bullish trend line with support around $ 579. The trendline coincides with the 50% Fibonacci retracement level of the upward movement from the swing low of $ 563 to the high of $ 594.
Ethereum price turns green

Litecoin Bullish Break Suggests Larger Rally To $ 90
Litecoin price rallied more than 5% and broke the main resistance of $ 80 against the US dollar.

Over the past two days, there has been a new rise in the value of Bitcoin, Ethereum, Ripple and Litecoin against the US dollar. The LTC price formed a decent support base around the $ 70.00 level before the new rally began.
It broke through the resistance levels of $ 74.00 and $ 75.00 and moved into the positive zone. More importantly, the price broke the major resistance of $ 80.00 and stopped above the simple moving average of 100. The price rallied above the 50% Fibonacci retracement level as it moved down from the swing high of $ 92.69 to the swing low of $ 69.88.
There was also a break above the major bearish trendline with resistance near $ 80.60 on the 4-hour LTC dollar chart. Litecoin is now consolidating above the trendline, $ 80 and the 100 simple moving average.
Litecoin Price Crushes Key Resistance

IOTA Announces Chrysalis Testnet Launch
Biggest IOTA Update To Date

In its latest tweet, the IOTA Foundation announced that the Chrysalis testnet will launch on December 14th.
The development team has so far experimented with Chrysalis on a comfortable private testnet that denies access to arbitrary users.
In a blog post published earlier this week, Jakub Cech, CTO of IOTA, mentioned that they are debugging all the “little things” needed to make the testnet public.
This interim step is expected to make the transition to Coordicide smoother, increase IOTA scalability and add new features.
Chrysalis is deployed in two phases. With the release of the Chrysalis Phase 1, network capacity increased to 1,500 TPS.
IOTA Announces Chrysalis Launch

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, RIPPLE News, IOTA News

Related Post:

About The Author

Kane Dane