Altcoins

Jim Crame is back at it again with yet another U-turn in terms of his cryptocurrency stance. He called bitcoin and altcoins speculative assets and warned individuals to refrain from investing in them. In the past few years, Cramer has displayed a somewhat controversial view of the crypto sector. In 2021, he insisted on receiving his salary in bitcoin. Following the major price correction, though, he abandoned those plans, selling almost all of his BTC holdings. “Don’t get...

The World Trade Organization (WTO) members have secured an unprecedented package of agreements at the 12th Ministerial Conference (MC12). Aged 31, Justin Sun witnessed the attainment of the „Geneva Package“ as head of the Grenada delegation. “That is a thrilling and sacred moment,” the young billionaire later recalled. Prior to attending the MC12 as the Ambassador of Grenada to the WTO, Justin Sun was widely known as the Founder of TRON. Statistics from TRON show that the platform,...

EOS price started a fresh decline from the $1.95 resistance against the US Dollar. The price is now trading below $1.55 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.30 and $1.26 support levels. EOS price is declining below $1.55 against the US Dollar, similar to bitcoin....

Litecoin started a fresh decline from well above the $60 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $55 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $58 against the US Dollar, similar to bitcoin. LTC price...

ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.460 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.425 support zone. Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $1,700 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,420 zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...

Joshua Lim – Head of Derivatives at Genesis Trading – recently provided a breakdown of Bitcoin’s late underperformance against the rest of crypto.  He provided 2 metrics indicating that Bitcoin’s price is “heavy” relative to previous market cycles, followed by qualitative reasons for why this is the case.  Ethereum Outperforming Bitcoin Per a Twitter thread from Lim on Sunday, the first indicator of Bitcoin’s ‘heaviness’ is its performance against Ethereum. The ETH/BTC price...

Stellar lumen price started a fresh decline from the $0.115 resistance zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.1070 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.100 and $0.0980 support levels. Stellar lumen price is trading below $0.1050 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.3700 resistance against the US dollar. The price is now trading below $0.340 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it breaks the $0.320 and $0.318 support levels. Ripple price is declining below $0.350 against the US Dollar, similar to...

Jeff Garzik, one of the biggest crypto pioneers out there, is starting a new company he’s calling Next Cypher Productions or NxC. He says the firm will be a new independent entertainment company that will focus purely on web3, crypto, non-fungible tokens (NFTs), and blockchain applications for the sake of creating fantasy and science fiction material. Jeff Garzik Is Fusing Entertainment with Crypto In an interview, Garzik commented: NxC is more than just a mere...