Altcoins

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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Tron price started a fresh increase above the $0.0535 level against the US Dollar. TRX price is now trading above $0.0535 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0545 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0560 resistance zone. TRON price started a fresh increase above $0.0535 against the US Dollar, similar bitcoin. TRX price could...

Coinbase founder and CEO Brian Armstrong, for one, believes that ideal crypto regulations should start with centralized actors since most of the damage to the consumers has been done by these entities. In a recently released “realistic blueprint,” Armstrong highlighted the need to pursue legislation early instead of waiting for something comprehensive and perfect. Regulations should initially focus on centralized actors in crypto, such as – stablecoin issuers, exchanges, and...