Altcoins

Solana’s network saw explosive growth this year, but it appears that it’s not just NFTs that are driving it higher. The total amount of USDC that circulates on Solana is now up to $2.5 billion. Data from the Solana explorer reveals that the current supply of USDC on the network is just shy of $2.5 billion. Commenting on the matter was the Co-Founder and CEO at Circle, the company behind the dollar-pegged stablecoin, Jeremy Allaire, who said that the “USDC on Solana jumped...

After falling to $44,000 and spiking to $46,000, bitcoin has calmed once again around the $45,000 mark. Most altcoins are slightly in green on a daily scale, but some have charted impressive gains. Avalanche is among those as AVAX has surged by more than 30% to tap a new ATH. ETH at $3,300 as AVAX Marks a New ATH Most larger-cap altcoins have mimicked BTC in the past few days. Ethereum plummeted during the mid-week crash, attempted rapid recovery, but failed to increase any...

After a few days of consolidation around $46,000, bitcoin has headed south and dropped beneath $45,000. Most altcoins have retraced in a similar fashion, with a few exceptions. LUNA is among those as it pumped by double-digits to tap a new ATH above $40. Bitcoin Slides Below $45K The primary cryptocurrency had a rough week. As it was preparing to become a legal tender in El Salvador, its price went to a multi-month high at just over $53,000. However, shortly after it became...

Bitcoin cash price started a fresh decline from well above $750 against the US Dollar. The price is now trading below the $700 zone and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $665 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to decline unless it clears the $685 and $695 resistance levels. Bitcoin cash price is struggling to recover above $700 against the...

Celebrity and reality star Kim Kardashian is taking some guff from the U.K. Financial Conduct Authority (FCA) for a recent Instagram post involving cryptocurrency. Kim Kardashian and the FCA Go Head to Head The post discussed a new crypto asset known as Ethereum Max, and Kardashian is getting the stink eye after asking all her followers to consider joining the “Ethereum Max Community.” Charles Randell – head of the FCA – stated in an interview that this could have been...

EOS price started a fresh decline from well above the $5.50 zone against the US Dollar. The price is now trading below $5.00 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower unless it clears the $5.00 and $5.10 resistance levels. EOS price is gaining pace below $5.00 against the US Dollar, similar...

Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $188 resistance to start a decent recovery wave in the near term. Litecoin price is down over 15% from the $232 zone against the US Dollar,...

Crypto markets are prospering today, especially the altcoins. Currently, the popular altcoin ADA, Cardano’s native coin, continuously registered its all-time highs since August 19th, surpassing the previous record of $2.47 on May 16th. As of May 2021, Cardano is the fifth-biggest cryptocurrency by market capitalization. Three months passed by, it became the third-largest one, behind Bitcoin and Ether. At the time of writing, the latest ATH was $3.10. What Is Cardano?...

Tron price is down over 15% and it broke the $0.0920 support against the US Dollar. TRX price is now trading below $0.0900 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0920 on the 4-hours chart (data feed via Bitfinex). The pair must clear the $0.0900 and $0.0920 resistance levels to move into a positive zone. TRON price is declined heavily from well above $0.1000 against the US Dollar, similar to...

More than $3 million in Tether units have been stolen from a private antique dealer in the nation of Taiwan, suggesting that even decentralized finance is vulnerable to the illicit dealings of those who would steal and commit dirty deeds to get their hands on money. Investor Loses More Than $3 Million in Tether The victim in question is a man named Liu Kun-Hung. He holds plenty of crypto in assorted online wallets. Two contained more than $3 million in Tether, a popular...