Altcoins

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of decentralized currencies if they are to be attractive to the general public. Stablecoins Will Be The Next Big thing ISpeaking to Business Insider,...

The cryptocurrency trading platform – Bakkt – polled more than 2,000 American citizens to explore why crypto investors entered the digital asset industry and what are the biggest obstacles in front of them. It also revealed which age groups feel the most confident in regards to such investments. Crypto Is Not a Bite for The Elderly Somewhat expectedly, young participants, more specifically those under 29 years old, were the ones who have invested the most in bitcoin and the...

Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week. Bitcoin Lost $7K in Days The main focus in the cryptocurrency space in the past week or so was on the first-ever Bitcoin Futures ETF going live in the United States on Tuesday. The euphoria for such a long-anticipated...

The volatile roller-coaster returned to the crypto markets again after bitcoin’s ATH, and the asset dropped by more than $5,000 a day later. While most altcoins have stalled on a 24-hour scale, Solana has gone on a tear once more by breaking above $200. Bitcoin Lost $5K The news that the US will finally have its own Bitcoin ETF, even if it’s a Futures one, for now, brought significant gains for the primary cryptocurrency. BTC traded below $58,000 last week when the first...

Bitcoin cash price started a major increase above the $600 zone against the US Dollar. The price is now trading above the $620 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $620 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $640 and $650. Bitcoin cash price is showing positive signs above $620 against the US Dollar, similar...

Solana – the fast-rising public blockchain platform – has reached an all-time high in TVL on its Defi protocols. This comes amidst a booming cryptocurrency market in which altcoins are beginning to reclaim market share. According to Defi Llama, the TVL in DeFi on Solana reached a new record of $12.7 billion earlier on October 21st. It has since receded to about $12.34 billion at the time of writing. Total Value Locked on Solana. Source: Defi LlamaThis is a greater volume than...

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EOS price started a decent increase above the $4.65 zone against the US Dollar. The price is now trading above $4.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $4.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $4.90 and $5.00 resistance levels. EOS price is showing positive signs above $4.50 against the US Dollar, similar to...

Litecoin price found support near $170 and started a fresh increase against the US Dollar. LTC price is now trading above $200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $190 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $232 unless it fails to stay above the $190 level. Litecoin price is climbing higher above $200 against the US Dollar, similar to...