Elon Musk flirtet immer wieder mit dem Cryptomarkt. Besonders auf Twitter haben seine Nachrichten großen Einfluss auf die Preisentwicklung zahlreicher Coins. Neben Bitcoin sind es vor allem die „Dog-Coins“, die von Musk mit einem simplen Tweet zum Mond geschossen werden können. Crypto News: Elon Musk Tweet schießt Low Cap Coins zum MondWer sein Geld in die Dog-Coins steckt, muss sich darüber im Klaren sein, dass dieser Micromarkt eine Volatilität aufweist, die noch um ein Vielfaches höher ist...
Read More »Cardano (ADA) Price Analysis: Risk of More Losses Below $2.20
ADA price started a sharp decline from the $3.00 zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.68 on the 4-hours chart (data feed via Bitfinex). The price could start another strong decline if it breaks the $2.20 support zone. Cardano price is facing many hurdles near $2.65 against the US Dollar, similar to bitcoin. ADA price must stay above...
Read More »Ethereum Price Analysis: ETH Could Struggle Near $3,400
Ethereum price started a major decline from the $4,000 resistance against the US Dollar. ETH price is now trading below $3,500 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could extend its decline unless there is a clear break above the $3,400 resistance. Ethereum price is showing bearish signs below $3,500 against the US Dollar. ETH/USD could...
Read More »Bitcoin-Broker in Panik: Korea will Altcoin-Börsen schliessen
Hiobs-Botschaft: Indem Korea kleinere Altcoins delistet und Börsen schließt, besteht das Risiko für Anleger mehr als 2,6 Milliarden Dollar zu verlieren Es besteht das Risiko, dass mehr als die Hälfte der Kryptowährungsbörsen in Südkorea aufgrund von Verstößen gegen neue regulatorische Anforderungen geschlossen werden müssen, berichtet die Financial Times. Dies deshalb, weil die Frist, bis zu der die betroffenen Börsen die neuen Auflagen erfüllen...
Read More »All of Central America Is Becoming a Major Crypto Haven
It appears several countries in Central America are learning some lessons from El Salvador. Many of the nations in the region – including Guatemala, Panama, and Honduras – are now working to implement bitcoin as a staple currency or trying to establish digital currencies of their own. Central America Suddenly Loves BTC In Honduras and Guatemala for example, the central banks of both nations are experimenting with blockchain technology and working to establish bank-issued...
Read More »Stellar Lumen (XLM) Price Could Continue Lower Below $0.30
Stellar lumen price started a strong decline from the $0.4300 resistance against the US Dollar. XLM price is now trading below $0.3500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.3200 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a break below the $0.3200 and $0.3100 support levels. Stellar lumen price is gaining bearish momentum below $0.3200 against the...
Read More »Ripple Price Analysis: Risk of More Downsides Below $1.05
Ripple price started a strong decline from the $1.40 resistance against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.05 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could resume its decline as long as there is no close above the $1.20 resistance zone. Ripple price is showing bearish signs below $1.20 against the US Dollar,...
Read More »Over $2.5 Billion USDC Now Circulates on Solana
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...
Read More »Market Watch: Avalanche (AVAX) Explodes 30% to New ATH, Bitcoin Stagnant at $45K
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...
Read More »Bitcoin Drops Below $45K, Crypto Market Cap Slumps $120B (Weekend Watch)
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...
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