Altcoins

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EOS price is still struggling below the $0.90 support against the US Dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.905 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could might attempt to recover towards the $0.92 and $0.945 resistance levels. EOS price is struggling below $0.90 against the US Dollar, similar to bitcoin. The price might...

Litecoin started a fresh decline from the $80 resistance zone against the US Dollar. LTC price is now trading below $70 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $71 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $68 and $70 resistance levels in the near term. Litecoin price is struggling below $70 against the US Dollar, similar to bitcoin. LTC...

Waves blockchain platform founder, Sasha Ivanov, announced plans to launch a new stablecoin as Waves-backed Neutrino Dollar (USDN) failed to secure its peg. As per the Twitter update, Ivanov vowed that the new stablecoin would be “undepeggable.” The Waves founder also revealed that there will be a “USDN situation resolution plan set in motion before” but provided no details with regard to the timeline. “It’s just it’s time to create a protocol more attuned to the current...

In a market outlook report published on Dec. 20, Coinbase Institutional stated that the crypto winter will extend well into 2023, especially for altcoins. Company analysts expect digital asset selection will transition towards “higher quality names” like Bitcoin and Ethereum. This is based on several factors, such as sustainable tokenomics, the maturity of respective ecosystems, and relative market liquidity. They were not confident that altcoins would see much momentum next...

A new green version of cryptocurrency is being unveiled in the town of Vienna, Austria. Known as Live Green Coin (LGC), the asset is set to make a lot of environmentally concerned people very happy given there have been several arguments over the years that digital currency is going to somehow bring the Earth to its knees. LGC Is Here! Robert Kun – CEO and founder of LGC – explained in a recent statement: It is with great happiness and genuine excitement that we announce...

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