Altcoins

Solana (SOL) has been on an absolute tear last month after surging by over 85%, leaving the rest of the top-20 ranked coins in its dust. The cryptocurrency trades above $40, setting a fresh 13-month high as it recovers from the capitulation suffered during the FTX fallout. With altcoin projects rising, traders are also looking to alternative projects that can pump next, with one standing out after raising over $1 million. Solana Sees Epic Comeback Following FTX Fallout as...

The crypto wallets associated with the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, persist in diversifying their investments across various altcoins on numerous crypto exchanges. According to Spot On Chain data, FTX and Alameda’s addresses recently transferred nine assets amounting to $46 million to Kraken, Binance, and Coinbase once again. FTX and Alameda’s Massive Transfers Earlier today, FTX deposited $46 million worth of assets to...

EOS price started a fresh increase above the $0.60 resistance against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6295 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6600 and $0.6720 resistance levels. EOS price is rising above $0.6200 against the US Dollar, like Bitcoin. The...

Litecoin started a steady increase above $67.50 against the US Dollar. LTC price is now trading above $68 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.20 and $72.85 resistance levels. Litecoin price is recovering from the $67.00 zone against the US Dollar, like Bitcoin. LTC...

The rise of TON began gaining momentum in September, coinciding with the introduction of the TON wallet within the Telegram messenger platform. The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported that in a 12-minute experiment, an astounding 42 million transactions were conducted, setting a new record of 104,715 Transactions Per...

The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.  A flurry of activity in the crypto space last night grabbed the attention of industry watchers as the wallets associated with bankrupt crypto exchange FTX and its sister company Alameda Research transferred around $13.1 million in various digital assets to multiple exchanges overnight. Data from Spotonchain revealed that the...

Solana price started a strong increase above the $30.00 resistance against the US Dollar. The price is now trading above $35 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $35.75 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $38.00 and $38.80 to continue higher in the near term. Solana price is trading in a positive zone above $35 against the US Dollar, like...

ADA price is gaining pace above the $0.280 zone against the US Dollar. The price is now trading above $0.290 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.2980 on the 4-hour 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 $0.290 against the US Dollar, like Bitcoin. ADA price could rally if there is a...

Ethereum price started a downside correction from the $1,865 resistance against the US Dollar. ETH price is now trading above $1,750 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $1,785 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it breaks the $1,785 support zone. Ethereum price is declining below $1,820 against the US Dollar. ETH/USD remains at a risk of more...

The United Kingdom is set to implement new regulations allowing authorized financial firms to work with overseas stablecoins. The new regulatory framework will be supervised by the Bank of England, the Financial Conduct Authority (FCA), and the Payment Systems Regulator (PSR) with a focus on minimizing potential risks and ensuring customer protection. UK to Permit FCA Authorized Firms to Collaborate with Oversees Stablecoins According to the UK Stablecoins Regulation, the UK...