Altcoins

Bitcoin tried to recover some of its recently lost value in the past 24 hours but was stopped in its tracks and is back down to $22,300. The altcoins are quite stagnant on a daily scale, with EOS losing all of its yesterday’s gains. Bitcoin Maintains $22K The low trading volumes of last weekend helped bitcoin remain around $23,000 for most of it. The start of the working week saw the asset pushing toward $24,000. In fact, BTC managed to tap that level once on Wednesday, but...

In a post-FTX world, it’s really hard being a crypto executive. Not only are your bags empty and revenues down, but you also have United States financial regulators breathing down your neck with subpoenas one day, and lawsuits the next. It’s understandable, then, why industry leaders like Brian Armstrong may wish to present themselves to both media and authorities with their state-worshipping foot forward.  As the CEO of Coinbase – America’s largest crypto exchange – one...

Bitcoin’s massive crash on Friday drove it south to just under $22,000 to mark its lowest price tag since February 14. The altcoins experienced similar enhanced volatility, but most have calmed since then. Ripple’s XRP and EOS are among the few alts with notable gains. Bitcoin Slipped Below $22K Despite the rising volatility at the end of February, bitcoin managed to close the month with a slight increase and stood at around $23,000. The first few days of March saw a price...

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Bitcoin cash price started a fresh decline from the $140 zone against the US Dollar. The price is now trading below the $130 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $129 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct higher, but upsides might be limited above the $130 level. Bitcoin cash price is declining from the $140 zone against the US Dollar, similar...

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EOS price started a fresh increase from the $1.08 support against the US Dollar. The price is now trading above $1.15 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1.18 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.22 and $1.232 resistance levels. EOS price is rising above $1.15 against the US Dollar, similar to bitcoin. The...

Litecoin started a steady increase above $92 against the US Dollar. LTC price is now trading above $94 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance at $94 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $98 and $100 resistance levels. Litecoin price is showing positive signs above $94 against the US Dollar, similar to bitcoin. LTC...