Altcoins

Bitcoin cash price started a fresh decline from $585 against the US Dollar. The price is now trading below the $500 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $500 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $500 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar to bitcoin....

Nikhil Rathi – CEO of UK’s top financial regulator FCA – proposed that the British government should not pay compensations to individuals investing in cryptocurrencies in case of a loss. Digital assets have been employed in criminal activities, and investors dealing with them “must be ready to lose all of their money,” the top exec opined. The UK Needs to ‘Draw Some Pretty Clear Lines’ The Chief Executive Officer of the FCA – Nikhil Rathi – addressed his proposal to the...

Constitution DAO may have lost its bid on a piece of American history last month, but this has helped to launch the company into the digital spotlight. Its meme currency is now up by 900 percent, marking one of the largest surges to occur over the span of just a few weeks. Constitution DAO Is Still Accomplishing Something Big Coin Market Cap was one of the first sites to report on the data. The currency has been dubbed the “people token” given that it is offered to those...

Ethereum 2.0 rückt immer näher. Mit dem Update warten zahlreiche große Neuerungen auf uns. Die interessantesten betreffen sicherlich den Energieverbrauch und die Transaktionsgebühren des ETH. Gerade letztere waren im Rahmen der „Scalability“ oftmals Gegenstand der Kritik an Buterins Ethereum. Ethereum News: Vitalik Buterin veröffentlicht „Endgame“ für EthereumIm Markt war es ein erfolgreiches Jahr 2021 für den ETH. Der Preis stieg nicht nur auf ein Allzeithoch, sondern outperformte auch den...

Litecoin price is facing resistance near the $180 zone against the US Dollar. LTC price is now trading below $180 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $150 support. Litecoin price is consolidating below $180 against the US Dollar, similar to bitcoin. LTC price...

EOS price started a fresh decline from the $4.20 resistance against the US Dollar. The price is now trading below $3.80 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it trades below the $3.30 support zone. EOS price is showing bearish signs below $4.00 against the US Dollar, similar to bitcoin....

The central bank of Thailand reportedly urged local financial institutions to stay away from cryptocurrencies citing risks coming from their enhanced volatility. It added that the broad employment of bitcoin and the altcoins could also impact the Bank of Thailand’s ability to monitor the national economy. BoT Against Crypto Trading According to a coverage by The Bangkok Post, the Bank of Thailand (BoT) does not want local banks to be directly involved in digital asset...

Tron price started a recovery wave above $0.0880 against the US Dollar. TRX price is now trading below $0.1000 and near the 55 simple moving average (4-hours). There was a break above a short-term declining channel with resistance near $0.0845 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1000 resistance. TRON price started a recovery wave from $0.0720 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh decline from the $59,000 resistance against the US Dollar. The price is now trading below $52,000 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $52,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could resume decline if it fails to clear the $52,000 resistance zone. Bitcoin price is struggling below $52,000 against the US Dollar. BTC might decline heavily...

David Marcus – head of the blockchain department at Facebook, now known as Meta – has stated he will be exiting his position and leaving the social media giant at the end of 2021. David Marcus Is Taking a Different Path Marcus is a former PayPal executive that joined forces with Facebook to release a new cryptocurrency that people could use to pay for goods and services. Known as Libra, the currency would be tied to a wallet system called Calibra, which would store...