Altcoins

ADA price is correcting gains from the $0.380 zone against the US Dollar. The price is now trading above $0.300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.30 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.320 and $0.335 resistance levels. Cardano’s price is rising above $0.300 against the US Dollar, similar to Bitcoin. ADA price could resume...

Ethereum price is eyeing an upside break above the $1,950 resistance against the US Dollar. ETH price is now trading near $1,900 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,890 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,880 support zone. Ethereum price is consolidating above the $1,850 level against the US Dollar. ETH/USD could rise again if it...

Major altcoins saw another strong correction as the global crypto market cap shrank by 0.5% over the past day. Solana plunged 4% over the past 24 hours, while Cardano fell close to 2% over the same period. The crypto market is facing a choppy week ahead as the threat of an SEC appeal against the recent Ripple ruling becomes more likely. Despite the bearish conditions, several tokens remain bullish due to their high utility. Launchpad XYZ is one such project that has recently...

Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...

Coinspeaker1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume The activities in the 1INCH protocol are expected to remain high, particularly due to increased altcoin FOMO. 1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume

CoinspeakerGnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending Gnosis is keen on showcasing to the entire world how Web 3.0 can be used to bridge the gap between self-custodial crypto wallets and traditional payment methods. Gnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending

Stellar lumen price is attempting a fresh increase from the $0.125 zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.134 on the 4-hour chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1420 resistance zone. Stellar lumen price is trading above $0.1250 against the US Dollar, similar...

Ripple price started a downside correction from the $0.9450 zone against the US dollar. The price is now trading above $0.650 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.775 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.780 resistance. Ripple price is consolidating near $0.750 against the US Dollar, similar to Bitcoin. XRP...

Binance – the world’s largest and most popular digital currency exchange in the world – has announced it’s pausing all trading of privacy-centered cryptocurrencies indefinitely. Binance Says No More Privacy-Focused Trading At the time of writing, Binance customers will no longer be able to trade or invest in a wide array of anonymous coins focused on full user privacy. The names include Decred, Secret, Verge, BEAM, Monero, Firo, and Zcash, to name a few. Binance...

Not long ago, it was announced that crypto firm Ripple (XRP) and the Securities and Exchange Commission (SEC) were duking it out in court. Ripple is in the Fight of Its Life The agency alleged that the company had violated securities laws by issuing XRP without going through the proper licensing and registration requirements. In contrast to other companies’ strategies, Ripple chose to fight back and agreed to go to court with the SEC, and at the time of writing,...