Altcoins

Litecoin started a fresh decline below the $95 zone against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $93 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair is at risk of a downside break below the $90 and $88 support levels. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price could...

Democrats blasted draft legislation regarding stablecoins on Wednesday for not being as “bipartisan” as initially planned. The bill, created by Reps. Maxine Waters (D-Calif.) and Patrick McHenry (R-N.C.) last year, was praised by Republicans, but criticized by their left-wing counterparts as ‘outdated.’ Starting From Scratch The House Financial Services Committee published a draft version of the stablecoin bill on April 15, designed to “provide requirements for payment...

Solana price started a decent increase above the $23.80 resistance against the US Dollar. The price is now trading above $24 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $26.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $24.00 and $23.80 support levels to start another increase. Solana price is trading in a positive zone above $24 against the US Dollar, similar...

Starbucks mailed to Odyssey beta testers with the subject line “We’re Getting Closer” suggesting that a public rollout will happen soon. Following its NFT drop that sold out in a matter of minutes, Starbucks is now all set to inaugurate another collection this week and claims that a public launch for its Odyssey Web3 rewards programs is being awaited. On Wednesday, April 19th, Starbucks will introduce its First Store Collection which consists of more than 50,000 NFT stamp collectibles...

ADA price is gaining pace above the $0.4200 zone against the US Dollar. The price is now trading above $0.400 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.4410 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.441 and $0.450 resistance levels. Cardano’s price is rising above $0.400 against the US Dollar, similar to Bitcoin. ADA price could resume its...

Ethereum price is moving higher above the $2,000 resistance against the US Dollar. ETH price is now trading above $2,000 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $2,060 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it stays above the $2,000 support zone. Ethereum price is rising above the $2,000 level against the US Dollar. ETH/USD could rise further if it clears the $2,140...

TrueUSD (TUSD) has emerged as the fifth largest stablecoin by market cap after Binance began using the token as its dollar-pegged crypto of choice in late February.  Last week, the BTC/TUSD trading pair surpassed 50% of Binance’s Bitcoin trading share, overtaking BTC/USDT. Is TUSD Tether’s Next Rival? According to an analysis from crypto market data provider Kaiko on Monday, BTC/TUSD became the largest Bitcoin market on Binance last week following a period of overwhelming...

Ethereum has delivered an extremely strong performance by gaining more than 10% since the Shapella upgrade. Ether (ETH) has successfully delivered a very strong performance shooting past $2,100 levels and hitting a new 11-month high. As of press time, ETH is trading at $2,087.83 with a market cap of $249 billion. This strong price performance comes despite more than 1 million ETH being withdrawn from the Ethereum Beacon Chain just within the first four days of the Shanghai hardfork...

Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading above $0.1060 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $0.1055 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1085 and $0.112 resistance levels. Stellar lumen price is trading above $0.1050 against the US Dollar, similar to...

Ripple price started a downside correction from the $0.5500 zone against the US dollar. The price is now trading above $0.505 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5090 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.5200 resistance. Ripple price is consolidating near $0.510 against the US Dollar, similar to Bitcoin. XRP price must...