Altcoins

The report states that an increase in the adoption and use cases of Bitcoin and CBDCs could weaken the strength of the US dollar. Andrew Peel, the Head of Digital Assets at financial services giant Morgan Stanley (NYSE: MS), has warned that the use of cryptocurrencies like Bitcoin could negatively impact the US dollar. Peel said a potential paradigm shift in the way people view and interact with digital assets, including CBDCs (Central Bank Digital Currencies), could weaken the US dollar’s...

Ramaswamy’s departure from the presidential race leaves a void in terms of a candidate explicitly championing pro-crypto policies. Pro-crypto Republican candidate Vivek Ramaswamy has officially withdrawn from the United States presidential race, marking the end of his nearly year-long campaign. Ramaswamy, who gained attention for his outspoken stance on cryptocurrency and blockchain technology, announced at a press conference in Des Moines, Iowa. Despite his efforts to bring a pro-crypto...

Solana Mobile plans to significantly reduce the price to make the smartphone more competitive and affordable compared to Saga. Solana Mobile made a big impact last year when it introduced Saga, a smartphone designed specifically for cryptocurrency enthusiasts. The phone stood out because it had a built-in hardware wallet and supported decentralized apps. It was a success, and now Solana Mobile is working on a new, more affordable smartphone to attract a wider audience. According to a...

ADA price started a downside correction from the $0.620 zone against the US Dollar. The price is now trading below $0.55 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5420 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.550 and $0.565 resistance levels. Cardano’s price is consolidating above $0.525 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $2,720 resistance against the US Dollar. ETH price is now trading above $2,450 and the 55 simple moving average (4 hours). There is a key declining channel forming with support at $2,420 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,560 resistance zone. Ethereum price is declining below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

The investment community is buzzing about the new Bitcoin Minetrix (BTCMTX) project, which launched its presale in the second half of 2023 and has raised over $8.4 million so far. Some traders believe that Bitcoin Minetrix’s revolutionary Stake-to-Mine protocol could even allow it to outpace Ethereum’s (ETH) growth once listed on centralized exchanges this year. Bitcoin Minetrix Seeks to Democratize BTC Mining Through Staking Model For those unaware, Bitcoin Minetrix is an...

Besides being in the top 40 tokens in terms of market cap, TIA is also listed on CoinGecko’s trending tokens list. 2024 has started off on a positive note for the crypto market. Besides the Bitcoin ETF and the air of excitement that it has created, several altcoins are seeing positive price movement. Along with more optimism from investors, many of these projects offer new and exciting uses for crypto and blockchain. One example of this is TIA, the native token of Celestia. TIA has just...

SUI has demonstrated an impressive surge over the last couple of days, taking the token’s price to a new ATH. The price of SUI, currently the 50th largest cryptocurrency by market capitalization according to CoinMarketCap data, hit a new all-time high (ATH). SUI rose to $1.43, the highest price since May 2023, shortly after the network’s launch. The platform’s market cap is now at $1.54 billion. SUI seems to be on an impressive bull run, climbing more than 10% in the last 24 hours, and...

Chainlink’s native token – LINK – experienced a noteworthy recovery after a significant downturn, briefly dipping below the crucial $13 support level earlier this month. This decline was attributed to widespread speculation surrounding the potential rejection of the spot Bitcoin ETF by the US Securities and Exchange Commission (SEC). The latest data suggest that LINK is enjoying “mild decoupling” from the altcoin pack as its ratio on crypto exchanges hit a 4-year low....

Despite the increasing involvement of the USDT stablecoin in criminal activities, the UN has reported that law enforcement authorities have successfully dismantled various money laundering organizations responsible for transferring illegal funds using USDT. The United Nations (UN) has warned that Tether’s USDT stablecoin has become the preferred cryptocurrency for money laundering schemes and other illicit activities in Asia. The Financial Times reported Monday, citing a report published...