Altcoins

ADA price failed to surpass the $0.450 resistance and declined against the US Dollar. The price is now trading below $0.420 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.410 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.385 support zone. Cardano price is struggling below $0.42 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price started a fresh decline from the $1,380 zone against the US Dollar. ETH price is now trading below $1,325 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,250 support zone. Ethereum price is struggling below $1,350 against the US Dollar. ETH/USD remains at a risk of more...

The world watched a few weeks ago as the casket of Queen Elizabeth II made its way across the United Kingdom to its final resting place. The Queen ruled over the region for approximately 70 years and she’s likely to live on in history… and through cryptocurrency. Queen Elizabeth II Lives on Through Crypto Approximately 40 new meme cryptocurrencies have been made based upon the Queen and her recent demise. Among them is something called Queen Elizabeth Inu Coin. The asset...

Not long ago, Live Bitcoin News reported that in the nation of South Korea, an arrest warrant had been issued for Do Kwon, the crypto executive behind the failed algorithmic stable coin Terra Luna. It appears Kwon has taken issue with the idea that he’s a wanted man, and he’s answering his pursuers without officially revealing where he’s stationed. Do Kwon Says He’s Not Running Terra Luna was something of a disaster that occurred over the summer of this year. As an...

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Stellar lumen price started a fresh increase above the $0.1200 resistance zone against the US Dollar. XLM price is now trading above $0.1200 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.1240 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1240 and $0.1200 support levels. Stellar lumen price is trading above $0.1200 against the US Dollar, similar to bitcoin....

Although the trading volumes yesterday were quite low, similar to previous weekends, bitcoin still took a minor hit and fell to a weekly low. Most altcoins are also slightly in the red on a daily scale. QNT is among the very few exceptions, being up by double digits. Bitcoin Dipped Towards $19K The primary cryptocurrency was flying higher earlier this week when it pumped to $20,500 – the highest price tag it had seen in about three weeks. However, the US job reports changed...

When stablecoins are sent to exchanges in large quantities, it is usually a signal that institutions are preparing to buy. It has not happened yet, as stablecoins such as USDC have been leaving exchanges as the bear market deepens. On Oct. 8, CryptoQuant CEO Ki Young Ju observed that 94% of the USDC supply is off exchanges, and a large portion of it is held by traditional finance institutions. “The next Bitcoin parabolic bull run might begin when massive USDC flows into...

Is the United States closer to developing a digital dollar? According to a new report, it could be. A Digital Dollar Could Be on Its Way The order for a digital dollar first “officially” came about when Joe Biden issued a crypto executive order earlier in the year asking federal agencies throughout the country to look at the benefits and risks of crypto assets. The order also paved the way for a digital dollar’s creation, though to be fair, this wasn’t necessarily Joe...