Altcoins

Bitcoin has shot up along with several of its altcoin cousins. After spending the last month or so locked in the doldrums, the world’s number one digital asset by market cap has suddenly surged to a moderate position. Bitcoin Seems to Be on the Rebound At the time of writing, bitcoin is trading for over $45,000 per unit. This may not sound like much when compared with the highs the currency has hit in the past year or so. However, it’s good news for traders in that...

Bit.Store – a crypto investment social platform – is unveiling a new prepaid credit card linked to crypto that will allow users to purchase goods and services with digital assets. Bit.Store Establishes New Credit Card Linked to Crypto The card is being powered by Alchemy Pay, a leader in the crypto payment sector, and it can be used at over 50 million retailers and companies throughout the world given its Mastercard status. It will also be compatible with applications...

Litecoin is eyeing an upside break above the $130 resistance against the US Dollar. LTC price is now trading above $120 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $121 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $130 resistance zone. Litecoin price is gaining pace above $120 against the US Dollar, similar to bitcoin. LTC...

Bitcoin cash price started a fresh increase from the $280 support against the US Dollar. The price is now trading above the $350 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $330 support zone. Bitcoin cash price is showing positive signs above $350 against the US...

ADA price started a strong increase above the $0.90 resistance against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.9900 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $0.9800. Cardano price is surging above $1.00 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

Not long ago, it was reported that the Reserve Bank of India (RBI) was planning to not only regulate cryptocurrency, but it would also be unveiling a digital version of the rupee, the official currency for the nation. While nothing can be said about the regulation, it has been confirmed by the RBI that there are presently no plans to unleash a digital rupee. India Will Not Create a Digital Rupee After All The news was released by Minister of State for Finance Pankaj...

Ethereum price started a fresh increase from the $2,500 support zone against the US Dollar. ETH price is now trading above $2,800 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2,900 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,900 support. Ethereum price is consolidating below $3,000 against the US Dollar. ETH/USD eyes more upsides if there is...

Ripple price started a fresh increase above the $0.80 resistance zone against the US dollar. The price is now trading above $0.80 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.8050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start another increase unless there is a clear move below the $0.8000 support zone. Ripple price is trading in a bullish zone above $0.8000 against...

A few years back, cryptocurrency trading was a niche field reserved only for code aficionados and cypherpunks. This is no longer the case. Bitcoin has become a household name, and with it, many of the leading altcoins took center stage during the last parabolic market advance. Cryptocurrencies hit mainstream media like never before, especially with the surge of meme-coins like Dogecoin and Shiba Inu. With this, the demand for cryptocurrency trading suites also surged. We saw...

After dipping to $40,000 yesterday, bitcoin went on the offensive and tapped $42,000 to mark a near 10-day high. The altcoins have also turned green today, with Ethereum eyeing $3,000 and Avalanche soaring by over 9%. Bitcoin Sees a 9-Day High The primary cryptocurrency experienced enhanced volatility last week when it suddenly pumped by $3,000 in minutes from $39,000 to nearly $42,000. However, the situation reversed shortly after, and the asset retraced just as quickly to...