Altcoins

Fly Coin – a digital currency travel rewards company – has raised more than $30 million through a new seed funding round. Fly Coin Raises $33 Million Fly Coin allows regular travelers to garner crypto-based rewards for all their travel habits. Whether they are checking into hotels, purchasing airline tickets, renting cars, or paying for carry-ons, they can garner these rewards granted they utilize Fly Coin every time they make a travel move. They are paid in the...

Bitcoin cash price started a fresh increase above the $300 level against the US Dollar. The price is now trading above the $320 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $340 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could test the $320 support before it might start a fresh increase in the near term. Bitcoin cash price is gaining pace above $320 against the US...

The liquidations in the crypto market skyrocketed to $200 million on a daily scale as bitcoin, and most altcoins, dumped and pumped in a matter of hours. This came following reports about the US inflation rates, which spiked to a new 40-year high. CryptoPotato reported earlier today when the primary cryptocurrency had reclaimed $44,000 and seemed rather calm around that level. However, BTC neared $45,000 in the following hours, but the bullish run was stopped in its tracks...

EOS price started a fresh increase above the $2.45 resistance zone against the US Dollar. The price is now trading above $2.50 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.45 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it stays above the $2.45 support zone. EOS price is showing bullish signs above $2.50 against the US Dollar, similar to bitcoin. The...

Litecoin price started a fresh increase above the $120 resistance against the US Dollar. LTC price is now trading above $130 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $130 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $130 and $125 support levels. Litecoin price is gaining pace above $130 against the US Dollar, similar to bitcoin. LTC...

It looks like the Internal Revenue Service (IRS) doesn’t have as much power as we thought. The agency is offering to pay a man named Joshua Jarrett, who allegedly was denied a refund two years ago after creating new coins through staking. Despite the offer, Jarrett is saying “no” and continuing his case against the tax people in D.C. to ensure the IRS never pursues him on the matter again. Has Crypto Beaten the IRS? In 2019, Jarrett was made to pay income taxes on new...

Tron price started a decent increase above the $0.0600 level against the US Dollar. TRX price is now trading above $0.0620 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0630 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it stays above the $0.0620 support zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price could rally...

A new peer-to-peer (P2P) wireless network known as Pollen Mobile is emerging. What’s the clincher? The project is looking to pay its users in crypto for running their own mini cell towers. This will build out the network’s coverage in San Francisco, where the company is stationed. Pollen Mobile Mixes Cell Phones with Crypto Pollen Mobile was launched by Pronto AI, an autonomous vehicle startup which was begun by Anthony Levandowski. He was pardoned in 2021 by President...

Currently, DAI is the fifth-largest stablecoin by market capitalization. Tether (USDT) may have continued to be the market leader after all these years, but DAI has the perk of being open-source and decentralized – something that’s sought after in the DeF community. DAI Ascends According to Makerburn, the total supply of MakerDAO’s DAI, a decentralized stablecoin, has shot up to a whopping $10 billion on February 8th. Moreover, its supply from stablecoin collateral stands at...

ADA price started a fresh increase above $1.10 against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.052 on the 4-hours chart (data feed via Bitfinex). The price could rise further, but it might face resistance near the $1.30 zone. Cardano price is gaining pace above $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...