Altcoins

Litecoin started a steady increase above $88 against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $90.45 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $92 and $95 resistance levels. Litecoin price is showing positive signs above $88 against the US Dollar, similar to Bitcoin. LTC price...

Sources familiar with the matter said that the architects of the retail CBDC are working to incorporate offline transactions and eyeing half a million users by July. India is one of those top global economies that has been pilot-testing its central bank digital currency (CBDC) aka the Digital Rupee. As per the latest reports, the architects of India’s retail central bank digital currency (CBDC-R) are aiming to scale the user base of the Digital Rupee to a million users. Sources familiar...

Its new proposals represent a major deviation from the path that Arbitrum was initially towing. The Arbitrum Foundation has responded to last week’s protests of its community of ARB token holders by proposing two new motions. This follows after the huge backlash that erupted over the earlier plans of the foundation to move 750 million ARB tokens to one of its own wallets, albeit in a quiet manner. Arbitrum Foundation Floats Two New Proposals According to a Wednesday proposal, which was...

In a podcast, the Coinbase Institutional team delved into bullish and bearish scenarios for Ethereum and Bitcoin as ‘Shapella’ approaches.  Ahead of the Ethereum Shapella Upgrade, Coinbase Institutional weighed in on the mainnet upgrade’s potential impact on Ether and Bitcoin (BTC). In a YouTube podcast, the team provided insight into whether April 12th’s much-anticipated upgrade would further spur the ongoing crypto rally. The Coinbase Institutional team also discussed the bear market...

ADA price is showing positive signs above the $0.3500 zone against the US Dollar. The price is now trading above $0.350 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.3980 on the 4-hours chart (data feed via Coinbase). The price could resume its increase if it stays above the $0.380 and $0.3720 support levels. Cardano price is rising above $0.3800 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price is moving higher above the $1,800 resistance against the US Dollar. ETH price is now trading above $1,800 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $1,830 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $1,800 support zone. Ethereum price is consolidating above the $1,830 level against the US Dollar. ETH/USD could rise further if it clears the...

At the core of the Metacade ecosystem is the MCADE utility token, which serves as the primary medium of exchange and powers the rewards system. The meteoric rise of Web3 and decentralized technologies has opened up new horizons for investors seeking the next big opportunity in the ever-evolving world of cryptocurrency. The $200 billion gaming industry is one target as it experiences a paradigm shift towards GameFi, with Metacade’s MCADE token standing out as a potential game-changer and...

Launching an on and off-ramp service with MoonPay and Ramp Network is just another direct avenue to push the millions of users that rely on Binance for these services to become largely independent. Decentralized crypto wallet infrastructure and service provider Trust Wallet has inked a new partnership with MoonPay and Ramp Network as it seeks to introduce additional utility for the benefit of its users. According to a CoinDesk report, the partnerships with the two payment services will...

Like many stablecoins, BTG Dol token is also pegged to the US dollar. Latin America’s biggest investment bank, BTG Pactual, has just announced the launch of its own stablecoin – BTG Dol. According to an official statement from the bank, the stablecoin will run on the Polygon network and is already available to clients. The bank’s choice of blockchain network does not exactly come as a surprise though. This is considering that Polygon is compatible with Ethereum and backs several major...

The rise in gold prices has been attributed to mounting speculation about the United States Federal Reserve’s future policy following the release of jobs data. The total market capitalization of tokenized gold has surpassed $1 billion. CoinGecko data places it at $1.02 billion, up 2.3% over the past 24 hours, with a trading volume of $35,508,696 over the same period. The largest gainers are PAX Gold and Tether Gold with gains of 2.7% and 1.9% respectively. Both are currently trading over...