Altcoins

Binance – the largest and most popular digital currency platform by daily trading volume – says that it is unveiling a new cryptocurrency-based credit card to be used by Ukrainians that have been displaced by the ongoing conflict with Russia. Binance Establishes New Crypto Credit Card for Ukrainians Roughly three months ago, the world watched in horror as Russia invaded Ukraine. Since then, the United States and many of its allies have sought to place sanctions on...

ADA price started a steady decline from the $0.80 resistance against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.655 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to recover above the $0.655 resistance zone. Cardano price is declining below $0.70 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $2,800 zone against the US Dollar. ETH price is now trading below $2,500 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $2,800 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $2,000 support level. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of more...

Near Foundation – the Swiss non-profit that oversees the development of Near Protocol – reportedly teamed up with the Kenyan blockchain community Sankore to launch a regional hub in the African country. The unit will focus on crypto innovations, education, and talent development throughout the continent. Africa’s Latest Crypto Project Several recent studies estimated that emerging economies and developing countries are particularly thriving areas for the crypto industry....

A new cryptocurrency called $FEM has entered the market. Designed for women by women, the asset was built to bring more ladies into the crypto space, which is still allegedly dominated by men. Will $FEM Coin Help Women Get Involved in Crypto? One of the biggest complaints about the crypto space is that it has reportedly become rather exclusive, and when one says exclusive, they mean it is largely geared towards male traders – no one else. Currently, only about five...

Stellar lumen price started a fresh decline from the $0.1880 resistance zone against the US Dollar. XLM price is now trading below $0.1700 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.1610 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1500 support. Stellar lumen price is trading in a bearish zone below $0.1700 against the US Dollar,...

Ripple price started a fresh decline from the $0.6550 zone against the US dollar. The price is now trading below $0.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.6000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend declines if there is a clear move below the $0.550 support zone. Ripple price is struggling below $0.6000 against the US Dollar, similar to bitcoin....

After yesterday’s massacre, bitcoin slipped slightly more and dropped to another multi-month low. Most altcoins are in a similar position, with Terra losing the most value on a daily scale. In contrast, TRON, Algorand, and Monero have charted impressive gains. Bitcoin’s Latest Low It’s safe to say that bitcoin has seen better days, which weren’t all that long ago. In fact, the cryptocurrency had spiked toward $40,000 earlier this week, after the latest FOMC meeting, in which...

Bitcoin cash price started a fresh decline from the $300 resistance against the US Dollar. The price is now trading below the $280 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $281 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $270 support zone in the near term. Bitcoin cash price is struggling below $300 against the US...

Leave it to the Fed to say something stupid that ultimately brings down the prices of bitcoin and many of its altcoin cousins. The world’s number one digital currency is now trading for just over $40K at the time of writing after Jerome Powell of the Federal Reserve commented that the agency is looking to hike rates again next month as a way of combating inflation. The Fed Will Hike Rates Again In addition to bitcoin, assets like Ethereum fell by more than five percent,...