Altcoins

Jared Kushner – the son-in-law of President Donald J. Trump – allegedly sought to establish a national digital currency while he was working in the White House, according to leaked emails. While serving as a senior advisor to the President in the year 2018, Kushner spoke regularly with Steven Mnuchin, the person in charge of the Treasury at the time, to discuss brainstorming sessions in which the government might establish a new digital currency for all Americans to...

Bitcoin cash price started a fresh decline from the $400 resistance against the US Dollar. The price is now trading below the $380 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $365 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is a break below the $332 support zone. Bitcoin cash price is showing bearish signs below $380 against the US...

Retail giant Walmart has announced it’s looking to get involved in the growing world of non-fungible tokens (NFTs) and it will also be unveiling its own cryptocurrency in the coming months. Walmart Is Building Its Own Cryptocurrency The news is fantastic in that it suggests more and more that crypto is becoming mainstream and legitimate in the eyes of everyday business ventures. Standard companies, stores, and brick-and-mortar enterprises are stepping deeper into what...

EOS price started a fresh decline from the $3.00 zone against the US Dollar. The price is now trading below $2.80 and the 55 simple moving average (4-hours). There is a key bearish trend lien forming with resistance near $2.82 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.70 support zone. EOS price is showing bearish signs below $2.80 against the US Dollar, similar to bitcoin. The...

Litecoin price failed to climb above $150 and corrected lower against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $150 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $142 pivot level. Litecoin price is struggling below $142 against the US Dollar, similar to bitcoin. LTC price...

Tron price started a fresh decline from the $0.0725 resistance against the US Dollar. TRX price is now trading below $0.0700 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0700 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0700 pivot level. TRON price started a fresh decline below $0.0725 against the US Dollar, similar to bitcoin. TRX...

ADA price started a fresh increase from the $1.08 zone against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.40 zone. Cardano price is gaining pace above $1.40 against the US Dollar, unlike bitcoin. ADA price could start another...

Ethereum price started a fresh decline from the $3,400 resistance against the US Dollar. ETH price is now trading below $3,300 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $3,300 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $3,200 support zone. Ethereum price is struggling below $3,300 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...

Binance – the world’s largest crypto exchange – recently completed its 18th quarterly burn, marking its first quarterly auto-burn. The burn removed greater dollar-denominated value from the network than ever before. According to a blog post from Binance, the burn removed 1,684,387.11 BNB. At the time of writing, that’s $798,887,962 worth of tokens. 6296 of those tokens were ‘effectively’ burned through the Binance Pioneer Burn program, which counts BNB mistakenly sent to dead...

Solana has caught the attention of Bank of America. In a recent statement, the financial giant stated that it feels Solana has what it takes to become the “Visa” of the cryptocurrency space. There’s a Lot of Hype Surrounding Solana The words came from the bank’s digital asset strategist Alkesh Shah, who clearly has high hopes for the altcoin. One of the main reasons for this thought is that Solana is one of several digital assets this week to experience great recovery....