Altcoins

Bitcoin cash started a decent increase above the $120 and $125 resistance levels against the US Dollar. The price is now trading above the $125 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $130 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $135 and $138 to continue higher in the near term. Bitcoin cash price is climbing above $125 against the US Dollar, similar to...

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EOS price started a fresh increase above the $1.00 resistance against the US Dollar. The price is now trading above $1.0 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.065 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 $1.12 and $1.15 resistance levels. EOS price is rising above $1.00 against the US Dollar, similar to bitcoin. The price...

Litecoin started a strong increase above $85 against the US Dollar. LTC price is now trading above $82 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $88.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $85. Litecoin price is rising steadily above $85 against the US Dollar, similar to bitcoin. LTC price could...

The CEO of the world’s largest credit card company told shareholders on Tuesday that stablecoins and central bank digital currencies (CBDCs) will play a “meaningful role” in the payments space going forward.  The company also published its 2022 annual report, in which it wrote about its simultaneously complementary and competitive relationship with cryptocurrencies.  Visa’s Crypto Outlook As explained by CEO Alfred Kelly during a conference call, Visa already has “multiple...

Not long ago, Live Bitcoin News published an article talking about how poorly the Solana cryptocurrency was doing. The asset was crashing and burning likely due to its ties to the now fallen crypto exchange FTX and its disgraced head executive Sam Bankman-Fried, and while things aren’t fully looking up for the currency just yet, it’s garnering a heavy load of support from crypto developers such as Vitalik Buterin, the co-creator of popular crypto network Ethereum. Solana...

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