Altcoins

ADA price is struggling to clear the $2.20 and $2.25 resistance levels against the US Dollar. The price is now trading above $2.15 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.25 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $2.25 resistance zone. Cardano price is struggling below the $2.25 resistance against the US Dollar, unlike bitcoin....

Ethereum price started a fresh increase above $4,000 against the US Dollar. ETH price is now trading above $4,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $4,120 the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,260 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could gain pace above the $4,250 and...

Stellar lumen price is struggling to stay above $0.3650 against the US Dollar. XLM price is now trading below $0.3800 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3800 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if there is a break below the $0.3650 support zone. Stellar lumen price is trading well above $0.4000 against the US Dollar, similar to bitcoin. XLM price must...

Ripple price started a fresh decline from the $1.20 resistance against the US dollar. The price is now trading below $1.12 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.11 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down unless there is a clear break above $1.12. Ripple price is showing bearish signs below $1.12 against the US Dollar, unlike bitcoin....

Elon Musk has a Shiba Inu puppy at home. Elon Musk has joked about Shiba Inu, but Elon Musk doesn’t hodl Shiba Inu. Replying to one of the many Shiba Inu accounts on Crypto Twitter, the famous Elon Musk confirmed that he didn’t own Shiba Inu, despite being a highly influential figure for that community. Elon Musk Has no Shiba, Floki, or Any Other Dogecoin Spin-Off And although his puppy’s name is Floki, Elon Musk does not have a single Floki token either. Elon Musk said he...

Senate Democrats are calling for Facebook to give up Novi and exit the cryptocurrency space altogether. Will Facebook Cease All Crypto Ambitions? The news comes after it was announced that the social media giant was joining hands with popular cryptocurrency exchange Coinbase to support whatever assets it was set to offer those who took part in the latest Novi wallet testing phase. The testing is set to be carried out in the coming months in both the U.S. and Guatemala....

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of decentralized currencies if they are to be attractive to the general public. Stablecoins Will Be The Next Big thing ISpeaking to Business Insider,...

The cryptocurrency trading platform – Bakkt – polled more than 2,000 American citizens to explore why crypto investors entered the digital asset industry and what are the biggest obstacles in front of them. It also revealed which age groups feel the most confident in regards to such investments. Crypto Is Not a Bite for The Elderly Somewhat expectedly, young participants, more specifically those under 29 years old, were the ones who have invested the most in bitcoin and the...

Following the past several days of surging higher and higher, BTC corrected hard in the past 24 hours and even dipped below $60,000 briefly. Most altcoins followed suit, and the entire market cap lost more than $150 billion since its peak earlier this week. Bitcoin Lost $7K in Days The main focus in the cryptocurrency space in the past week or so was on the first-ever Bitcoin Futures ETF going live in the United States on Tuesday. The euphoria for such a long-anticipated...