Altcoins

As BTC gets rejected from $30,000 and ETH slides below $2,000, the broader crypto market is deep in the red zone. As of now, half of the top 30 cryptocurrencies are 80% (or more) down from ATHs. Altcoins in Bloodbath After major cryptocurrencies hit ATHs last November, with Bitcoin touching the $69,000 level at one point, a months-long bear market has brought 15 of the top 30 cryptocurrencies 80% down from their record highs. As the selloff extends in time with no signs of...

Ethereum price started a fresh decline from the $2,500 zone against the US Dollar. ETH price is now trading below $2,200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,100 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $1,650 support level. Ethereum price is struggling below $2,200 against the US Dollar. ETH/USD remains at a risk of more downsides if...

Early this week, the crypto market turned green. During the last two days, altcoins have outperformed BTC, and this includes ETH. The latter was able to reclaim the $2K mark. However, is the storm over? Technical Analysis Technical Analysis By Grizzly The Daily Chart Ethereum is near a critical support level that might hold up the price in the daily timeframe. Moreover, by looking at the RSI 30-day indicator, it is evident that prior bullish legs have occurred when the RSI...

The President of the European Central Bank (ECB) – Christine Lagarde – reiterated her negative stance on cryptocurrencies, claiming they are “based on nothing” and should be strictly regulated. Nonetheless, she revealed that one of her sons had distributed some of his wealth into the digital asset market. Diving Into Crypto Despite Mom’s Advice Numerous central bankers have criticized the cryptocurrency sector over the past few years. The French politician and the ECB’s...

Paul Chou is the founding CEO of Ledger X, a crypto wallet system. At only 38 years of age, he is one of the most successful crypto entrepreneurs in the space, and he recently sold his company to Sam Bankman-Fried of FTX fame, suggesting the wallet protocols will now become part of this new and growing exchange. Paul Chou Is Building a Universal Cryptocurrency Now, Chou has his sights set on a new crypto project. He’s looking to create a new digital token called...

Der Handel mit Kryptowährungen birgt Risiken. Wie die Faktenlage tatsächlich ist, das geht aus einem neuen Handelskontor-Beitrag hervor. Unter der Lupe: Bereiche Volatilität, Blasengefahr, Politik, Scams, Umwelt und Stablecoins. Volatilität Klar ist: Kryptowährungen sind in ihrem Wert äusserst unbeständig. Dies gilt sowohl für den Bitcoin, als auch – hier umso mehr – für Altcoins. Seitdem Allzeit-Hoch vom 10. November 2021 hat die wichtigste Cyberdevise, der Bitcoin, 57 Prozent an Wert...

Van Eck – a company that at this point, every diehard crypto trader and fan should know about – is entering the non-fungible token (NFT) space. Van Eck Is Establishing an NFT Division Van Eck made a name for itself many years ago when it became one of the first companies to try and get a bitcoin-based exchange-traded fund (ETF) approved by the Securities and Exchange Commission (SEC). The company went through heavy rigamarole trying to earn a greenlight on its...

Spending cryptocurrencies such as Bitcoin and Ethereum in shops and restaurants is getting easier by the day. More and more merchants grasp the potential of cryptocurrencies and adopt them in one way or another. Several cryptocurrency debit cards have recently popped up to help businesses offer digital assets as a payment method. Just like any other conventional ones, cryptocurrency debit cards allow you to conduct day-to-day transactions using BTC, ETH, XRP, and other...

With the price of bitcoin dropping even further and further down (at the time of writing, the world’s leading digital asset is trading for just under $38,000), many are wondering what kind of rough factors await the crypto space. How Much Lower Will Bitcoin Go? 2022 has been a rough year for BTC and its altcoin cousins, especially when one considers the fact that roughly six months ago, the granddaddy of all crypto was trading for about $30,000 more than where it...

For many years, crypto traders were under the impression that someone named John Dobbertin was the elusive man behind the legendary Zcash, an anonymous form of cryptocurrency. It now looks like that name is nothing more than a pseudonym to hide the real identity of one of the coin’s main developers. That developer is Edward Snowden, the NSA whistleblower who fled to Russia in 2013. Edward Snowden and His History with Zcash Snowden is a former employee of the National...