Altcoins

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Tron price started a fresh increase above the $0.055 level against the US Dollar. TRX price is now trading above $0.058 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0608 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0650 resistance zone. TRON price started a fresh increase above $0.058 against the US Dollar, similar bitcoin. TRX price could rise further if...

The crypto industry has seen a significant surge in the number of developers working on various projects, according to a new report by Electric Capital. The firm, which has invested in several early-stage Layer-1 platforms and crypto startups —like Bitwise, Gitcoin, dYdX Near Protocol, and Inmunefi— found that the number of developers in the crypto industry has doubled over the past two years. Electric Capital obtained its data by identifying 250 million code commits across...

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ADA price seems to be forming a support base above the $0.34 level against the US Dollar. The price is now trading above $0.332 and the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.350 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.370 and $0.380 levels. Cardano price is showing positive signs above $0.340 against the US Dollar, similar to...

Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,600 resistance zone. Ethereum price is rising above the $1,450 level against the US Dollar. ETH/USD could rise further if it clears the $1,600...

The Russian government and the Central Bank of Iran are reportedly mulling a partnership to create a new stablecoin that can facilitate cross-border settlements. The token will be pegged to the valuation of gold. The Mutual Operation According to a report by the Russian media outlet Vedomosti, the local authorities could collaborate with Iran’s central bank to launch a new crypto asset called “the token of the Persian Gulf region.” Assuming it sees the light of day, it will...

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