Forex & Crypto & Fintech News

Nothing in this article is to be construed as investment advice. Neither the author nor the publication takes any responsibility or liability for any investments, profits or losses you may incur as a result of this information. Stellar Lumens is just starting to inch away from BTC, up a very minor 0.13% in the current market.  But things could be just getting start for XLM, with promising signs of a breakout looming ahead following the recent price activity. Let’s take a look. Diving into the 2hr XLM/BTC chart we can see a very obvious cup and handle pattern here with a strong resistance at 4,455 Sats/0.5 fib level forming the rim of the cup and a long drawn out U curved price action which touches the lower 2,110 Sats base support and returns back to the earlier resisting level. We can also see that the final component of the cup and handle pattern has formed during XLM’s recent price action, with a smaller curved sell-off period that briefly swung down to th...

The EOS digital asset appreciated faster as the main net launch approaches, and daily auctions dwindled to a close. EOS  has once again displaced Litecoin (LTC) from position 6 on CoinMarketCap, as it moved above $11. Altcoins, as well as Bitcoin, have grown steadily over the weekend. EOS added around 2.6% to $11.60, and is up a net 40% in the past week. But speculative interest may push the asset above $30, at least when it comes to predictions and expectations.  The EOS volumes have returned, and the asset has revisited its peak against BTC last seen toward the end of last year. This time, altcoins are not only gaining in dollar terms, but taking more ground from the leading coin. The driver of EOS prices is, at the moment, the general recovery of altcoins and the search for new and promising assets. The other upside are the expectations for the launch of the main net, where the EOS token would serve a purpose to secure block production. More exchanges are suppo...

Savedroid's owner seems to be chilling on a beach after raising funds, shutting down the ICO site and taking off. In what is either a joke in very bad taste or another ICO exit scam, the founder of Savedroid ICO Tweeted ‘Over and out’, with a picture of himself at the airport and then chilling on a beach. It is believed that the ICO raised around 40 million Euros, or $50 million USD via the token sale, claiming that they will build a smart, A.I managed application which would automatically invest user funds into profitable ICO portfolios. There were also claims of a cryptocurrency credit card, but it seems all that is gone now, with the  official site  displaying a Southpark meme. If this is indeed an exit scam, what is alarming is that the founder, Dr. Yassin Hankar, had several public appearances and participated in events, giving talks and answering questions. There do seem to be some suspicious pointers, firstly the lack of following and engagement on the ICO’s sub...

Becoming the coin for an adult site in fact hurt the image of XVG, which aims for mainstream acceptance. Verge (XVG) , which appreciated wildly in the past weeks, finally crashed after the long-awaited partnership turned out to be underwhelming, or actually angering the crypto community. After it turned out that the mystery partner was, indeed, PornHub, as speculations abounded, the price tanked. XVG lost more than 24%, sinking to $0.076 after only recently standing above 10 cents. Selling is happening on extremely active volumes, and may depress the price further. Verge is, in fact, the most traded asset on Binance as of publication time, ahead of Bitcoin pairings, taking up more than 24% of trading volumes. The XVG/BTC pair saw more than $500,000 worth of trading in the past 24 hours. Line Candle OHLC powered by USD BTC Index BitTrex HitBTC Yobit CCEX 1D 1W 1M 3M 1Y ALL Value $ 0.07423 Mar 23 Mar 27 Mar 31 Apr Apr 08 Apr 12 Apr 1...