Altcoins

Similar to previous weekends, bitcoin has calmed and failed to produce any substantial volatility in either direction during the weekend as the trading volumes have declined. Most altcoins are with insignificant daily increases and decreases, aside from BONE, INJ, and SHIB. BTC Stalls at $30K After the previous calm weekend, bitcoin finally went on the offensive on Tuesday but was stopped in its tracks at just over $31,000. The subsequent rejection drove it south down to...

Bitcoin went through a volatile end of the week in which it posted a new 13-month high before it slipped under $30,000 but has managed to defend that level. The altcoins are calmer on a daily scale, aside from SOL, AVAX, LEO, ARB, and a few others, which have added some value. BTC Defends $30K The past weekend was quite uneventful, even though BTC went through a rollercoaster that drove it from $31,000 to $29,500 and back up to $30,500 in a matter of hours on Friday. Saturday...

CoinspeakerMultichain Suspends Services Following $130M Exploit across Multiple Bridges Multichain has now warned that because of the exploit, all transactions will be stuck on source chains until further notice. Multichain Suspends Services Following $130M Exploit across Multiple Bridges

CoinspeakerShibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer In addition to launching Shibarium in August after the blockchain conference, Shiba Inu would likely provide more information on ecosystem projects. Shibarium Layer 2 Blockchain Set to Launch in August, Says Shiba Inu Lead Developer

Bitcoin cash is eyeing a fresh rally above the $300 resistance against the US Dollar. The price is now trading above the $260 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $289 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $290 and $300 to continue higher in the near term. Bitcoin cash price is consolidating gains above $260 against the US Dollar, unlike...

CoinspeakerCircle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance Even though Circle already offers USD Coin (USDC), its co-founder and CEO Jeremy Allaire believes that introducing a Yen-linked stablecoin would provide new opportunities. Circle Explores Expansion in Asia, Eyes Japanese Market for Stablecoin Issuance

EOS price started a downside correction from the $0.808 resistance against the US Dollar. The price is now trading below $0.74 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.715 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.74 and $0.75 resistance levels. EOS price is declining from $0.808 against the US Dollar, similar...

Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...

Tron price started a fresh increase above the $0.0725 level against the US Dollar. TRX price is now trading above $0.0750 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0762 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0785 resistance zone. TRON price started a fresh increase above $0.0750 against the US Dollar, outpacing Bitcoin. TRX’s price could...

ADA price is showing positive signs above the $0.280 zone against the US Dollar. The price is now trading above $0.285 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.2950 on the 4-hours chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.300 and $0.305 resistance levels. Cardano price is rising above $0.288 against the US Dollar, similar to Bitcoin. ADA...