Altcoins

The price of bitcoin continues to take heavy dips, and many are wondering if a fall below the $30,000 mark is inevitable for the world’s largest and most popular cryptocurrency by market cap. Bitcoin Is Crashing, but It Could Crash More The price of bitcoin is taking serious plunges following Russia’s invasion of its neighbor Ukraine. The country is now in shambles and regions like the United States are seeking to impose sanctions on Russia now that it has moved forward...

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 was a break above a key bearish trend line with resistance near $0.0608 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it clears the $0.0650 resistance zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price...

Bitcoin and many other altcoins haven’t been doing too well as of late. These currencies are dropping and shedding value faster than anyone could have anticipated. However, their falls have given rise to stable coins, which have ultimately taken the spotlight over the course of the past week or so. Stable Coins Are Growing Like Mad Stable coins are digital assets with value that doesn’t move. This is because they are tied to fiat currencies like the U.S. dollar. When...

Colorado has set forth a new law that will allow people to pay for taxes and fees with cryptocurrency. Colorado Says “Yes” to Crypto Payments for Tax Fees Governor Jared Polis announced the news late last week, commenting: In Colorado, we’ve been laying the groundwork to be a center of crypto and blockchain innovation for a number of years. We see it as a critical part of Colorado’s overall innovation ecosystem. The initiative pushes forward the primary goals of bitcoin...

Despite its record-low price, Miami Coin is going to stick around for some time according to Mayor Francis Suarez. The Price of Miami Coin Is Low Miami Coin is a new digital asset built for the city of Miami in Florida. The currency has only been around for a few months but is part of the region’s goal to become one of the most crypto-oriented cities in the United States. Suarez initially had the currency commissioned to give residents an opportunity to pay utility bills...

Bitcoin cash price started a fresh decline from the $345 resistance against the US Dollar. The price is now trading below the $310 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $310 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to recover if there is a clear move above the $310 resistance zone in the near term. Bitcoin cash price is struggling below $310...

The past couple of months have been challenging in the cryptocurrency market as many coins, including Bitcoin, lost substantial chunks of their dollar value. While the primary cryptocurrency is down about 50% since its November all-time high, many altcoins are crashing harder. This became even more pronounced in the context of the tensions between Ukraine and Russia, which ultimately resulted in a war between both countries. Altcoins Crash, BTC Dominance on the Rise Bitcoin’s...

EOS price started a fresh decline from well above the $2.50 zone against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if it settles below the $2.00 support zone. EOS price is showing bearish signs below $2.20 against the US Dollar, similar to bitcoin. The...

Litecoin failed to clear the $120 resistance and started a fresh decline against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $104 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a close below the $100 level. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price...

ADA price declined below $1.00 and $0.92 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.945 on the 4-hours chart (data feed via Bitfinex). The price could extend decline if there is a clear move below the $0.800 support zone. Cardano price is struggling below $1.00 against the US Dollar, unlike bitcoin. ADA price could start a recovery wave if...