Altcoins

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Bitcoin cash is facing barrier near the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $100 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $100 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $104 and $105 to continue higher in the near term. Bitcoin cash price is climbing above $100 against the US Dollar, similar to...

The cryptocurrency firm – Juno – advised its users to withdraw their assets and store them in self-custody wallets or sell their holdings for cash because of “uncertainty” with its partner. The company plans to solve the issues by finding a new associate. A Warning Before the Storm? In a recent Twitter thread, Juno revealed that its custody partner has been experiencing certain problems. As such, the entity temporarily halted cryptocurrency purchases on its platform and...

The Israel Securities Authority (ISA) could amend three of its existing monetary laws to squeeze in cryptocurrencies.  The regulator’s proposals seek to grant investors maximum security when dealing with digital assets, reminding about the recent collapse of FTX and the severe losses it caused to consumers.  Paying Attention to Crypto Israel’s financial watchdog proposed that cryptocurrencies should be included in the nation’s existing securities legislation. As such, the...

ADA price seems to be forming a support base above the $0.24 level against the US Dollar. The price is now trading above $0.250 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.270 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.270 and $0.30 levels. Cardano price is showing positive signs above $0.250 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price is slowly moving higher from the $1,180 level against the US Dollar. ETH price is now trading above $1,180 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,195 on the 4-hours chart (data feed from Coinbase). The pair could start a decent increase if it clears the $1,250 resistance zone. Ethereum price is struggling below $1,250 against the US Dollar. ETH/USD could start a decent increase if it...

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