Altcoins

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a fresh decline from the $0.470 zone against the US dollar. The price is now trading below $0.450 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.440 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair...

The Tron blockchain witnessed an increase in usage in the first quarter of 2023, according to a new report from market intelligence firm Messari. The market cap of its native token, TRX, was up by almost 20% QoQ. Despite the US Securities and Exchange Commission (SEC) announcing several lawsuits against Tron ecosystem tokens, the network activity remained mostly unfazed. Its total quarterly revenue climbed $90.04 million in Q1 2023, experiencing a 88% jump from its Q4 2022...

Bitcoin tried its hand at taking down $27,000 yesterday but failed amid low weekend trading volumes and has remained relatively still. The altcoins are also lacking any substantial price moves, with ETH reclaiming $1,800 and BNB pumping above $310. Bitcoin Stays Flat The past several days didn’t go well for the primary cryptocurrency. It all started on Wednesday when the asset jumped from $27,500 to $28,400 in minutes after the US CPI numbers came out for April. Although BTC...

Bitcoin’s troubles continued in the past 24 hours, and the asset charted a new two-month low before recovering over a grand. The altcoins are in the green today, with LDO taking the main stage with a massive double-digit price surge. BTC’s Pump and Dump Keeps Rolling The major news from the past week came when the US CPI numbers for April informed that the inflation rates had slowed down and were actually lower than the expectations. Bitcoin reacted positively to the news at...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Elon Musk – the South African billionaire behind companies like Tesla and SpaceX – played a last-minute April Fools’ joke and changed the Twitter logo (Twitter being the most recent company he bought) to that of the Dogecoin dog. Elon Musk Pulls a Twitter Twist The move aided Dogecoin and brought the coin up by...

CryptoQuant’s Business Development executive Benjamin Brannan exposited on the Bitcoin’s ‘favorable’ price optics in 2023.  Crypto trading data analyzer CryptoQuant recently weighed in on Bitcoin’s (BTC) price potential and appeal in 2023. In a media session, representatives from the crypto trading analyzer opined that more institutions could shore up on BTC later this year. The decentralized data provider’s reps also forecasted the prominent token returning to its previous record high by...

The executives at Binance.US believe that reducing Zhao’s stake could help in actually improving the standing in the eyes of the US regulators.  As per the recent development, crypto exchange Binance.US along with its founder Changpeng Zhao is looking at ways to reduce his stake in the company amid a strong crackdown by the United States federal regulatory authorities. Currently, CZ is the majority stakeholder currently in Binance.US, as reported by The Information citing sources familiar...

The TABOO token was designed to serve as a major utility token to help every user of the platform to get the most utility from using the services. TABOO, an adult entertainment platform, has raised a sum of $10 million in funding as it seeks expansion of its service offering using the power of blockchain technology. According to a press release shared with Coinspeaker, TABOO is now valued at $250 million following the funding round. According to the announcement, the funding round for...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline below the $120 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a short-term rising channel forming with support at $112.80 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....

The authorities of New York state proposed certain amendments to the law that could allow residents to settle bail bonds in stablecoins instead of fiat currency. The bill could become official six months after the relevant regulators greenlight it. Domestic lawmakers have previously introduced legislation that aims to make certain cryptocurrencies an official means of payment for civil penalties, fines, taxes, and other fees. Another Crypto Step for New York State New York...