Altcoins

Ethereum price is holding gains above the $3,150 support against the US Dollar. ETH price is now trading near $3,200 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,150 and $3,140. Ethereum price is showing bearish signs below $3,250 against the US Dollar. ETH/USD must stay above the $3,150 support to...

Benyamin Ahmed is a 12-year-old kid that recently discovered the world of non-fungible tokens (NFTs). He’s become so intrigued that he’s made a serious career choice before he’s even a teenager. Ahmed is now making NFTs and selling them online, and he’s gotten nearly $400,000 for doing so. Benyamin Ahmed Has Made NFTs His Life Ahmed is a typical kid in many ways. He goes to school like everyone else, and when he’s out for the day, he’s got a solid list of hobbies that...

Stellar lumen price failed to gain strength above $0.3800 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 major contracting triangle with support near $0.3590 on the 4-hours chart (data feed via Kraken). The pair is likely to continue lower as long as it is below the $0.3700 resistance. Stellar lumen price is slowly moving lower below $0.3500 against the US Dollar, similar to bitcoin. XLM...

Ripple price failed to settle above $1.30 and corrected lower against the US dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1.210 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down as long as it is below $1.200 and $1.205. Ripple price is holding gains above the $1.00 support against the US Dollar, similar...

Bitcoin attempted to reach $50,000 once more in the past 24 hours, but it was rejected, which drove it south hard. Most altcoins have stalled, which has enabled SOL to outplace Polkadot as the 8th largest cryptocurrency following another impressive surge and ATH. SOL’s Latest ATH Takes it to N8 Most alternative coins have performed rather similarly to bitcoin in the past few days. As such, they have remained relatively stagnant on a daily scale, despite the intraday...

A new politician running for office in Illinois is accepting cryptocurrency donations for her campaign. Holly Kim, a registered democrat, is running for another term as Lake County Treasurer, and is officially the first politician in the state to say “yes” to bitcoin and various altcoins to boost her campaign. Holly Kim Loves Her Crypto The process began when a supporter gifted her with three dollars in Litecoin. The supporter also said that they would be sending more...

Stablecoins remain the most traded assets in the crypto market. Fresh data from on-chain analytics firm CryptoQuant shows that nearly $2 billion worth of those tokens were recently moved into exchanges. According to Ki Young Ju, CEO of CryptoQuant, these massive deposits are actually a bullish sign for the industry. Ju noted that most crypto trading platforms usually fill the market to enable users to purchase different coins, including Bitcoin (BTC), Ethereum (ETH), and...

Bitcoin continued to trade around the $47,000 line in the past 24 hours after it dropped to a weekly low beneath $46,400. Most altcoins have stalled since yesterday, except for Solana. SOL has gone on to chart another all-time high above $83 after a double-digit surge. SOL’s Latest ATH The alternative coins, similarly to their leader, lost significant chunks of value in the past few days. Ethereum, for example, went from about $3,360 to beneath $3,100. As of now, it has...

Bitcoin cash price started a fresh decline from the $700 resistance against the US Dollar. The price is now trading below the $650 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate lower if it breaks the $600 and $580 support levels. Bitcoin cash price is moving lower below $625 against the US Dollar,...

Substack – a content platform backed by Andreessen Horowitz – will allow users to access VIP content in the future granted they pay with cryptocurrency. The content can be accessed utilizing the company’s new payment processor known as Open Node. Substack Is Pushing the Bitcoin Agenda Further This is a big deal in the sense that the firm is now pushing the initial goals of bitcoin and cryptocurrency closer to reality. The fact is that bitcoin and many of its altcoin...