Altcoins

Ethereum price is moving lower from the $1,700 resistance against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1,600 on the 4-hours chart (data feed from Coinbase). The pair could recover, but it is likely to face sellers near the $1,580 resistance zone. Ethereum price is declining below $1,600 against the US Dollar. ETH/USD remains at a risk of more...

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Craig Wright – the Australian computer scientist who has long claimed to be Satoshi Nakamoto – is taking a lot of flak for implementing a new feature into his BSV (bitcoin SV) token. The Vision of Satoshi Nakamoto Is Arriving in an Odd Place The new feature is known as a “blacklist manager,” and it’s a software tool that allows users and investors to take back coins from thieves should their assets be stolen. At the heart of the matter is something that appears to be...

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Bitcoin had tapped $22,000 hours before the latest regulatory scrutiny coming from the US, this time going after Paxos and the BUSD stablecoin the company issues. Somewhat expectedly, the altcoins have reacted even worse, with HBAR, APT, FTM, GRT, and a few others dumping by double digits. Bitcoin Back Below $22K Bitcoin was performing a lot better at the start of the month when it pumped above $24,000 for the first time in over five months after the latest interest rate hike...

Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.090 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.084 support. Stellar lumen price is trading below $0.090 against the US Dollar, similar to bitcoin....

Ripple price started a fresh decline below the $0.4000 zone against the US dollar. The price is now trading below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4000 resistance zone. Ripple price is struggling below $0.4000 against the US Dollar, similar to bitcoin. XRP price...

Bitcoin’s recent freefall seems to have stopped for now, as the asset has calmed at just under $22,000. Most altcoins have even registered minor daily increases. Some, such as HBAR and Lido Dao, have even soared by double-digits. Bitcoin Calms Below $22K The situation around bitcoin was significantly more positive last week when it jumped above $24,000 for the first time since August 2022. However, it failed to remain there and retraced by over a grand to $23,000 in the...