Altcoins

Ethereum price started a fresh decline from well above $3,500 against the US Dollar. ETH price is currently trading well below $3,500 and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $3,600 on the 4-hours chart (data feed from Coinbase). The pair must stay above $3,000 to start a fresh increase in the coming sessions. Ethereum price extended its decline below $3,500 against the US Dollar. ETH/USD is approaching...

You know a cryptocurrency has reached a whole new pinnacle when it features its own hard fork or spin-off coin. In bitcoin’s case, there are several assets that stem from its technology such as Bitcoin SV (BSV), bitcoin cash (BCH) and Litecoin (LTC). Now, it looks like Dogecoin – a cryptocurrency that was never designed to be taken seriously – has its own alternate currency known as Shiba Inu coin, and some people have already become millionaires thanks to early...

Customers of Coinbase – one of the largest cryptocurrency exchanges in the world – are about to get a big surprise if they are Dogecoin fans. The asset – which has recently become the fourth largest cryptocurrency by market cap – will now be supported by the San Francisco-based trading platform, meaning clients can buy, sell, and trade the currency granted they have supported payment methods attached to their accounts. Coinbase Is Going to Support Dogecoin Dogecoin has...

Even with the current bearish trends being experienced in the market, Polygon (MATIC) is poised for greater heights.In the past seven days, Polygon (previously known as MATIC), a multichain scalable Ethereum-based platform has seen a growth rate of over 140%, despite the dwindling fortunes of the other cryptocurrencies, including the ones that have been in the game for a long time.Current Status of Polygon (MATIC)Polygon’s growth is perfectly timed when there’s a surge in Decentralized...

Nur einen Tag, nachdem Elon Musk den Tesla-Ausstieg aus dem Bitcoin-Markt bekanntgegeben hatte, folgte die Ankündigung, dass Musk nun mit den Developern von Dogecoin zusammenarbeitet. Wird der Doge den BTC überflügeln? Bitcoin News: Elon Musk möchte Dogecoin bei Tesla nutzenAuf Twitter schrieb Musk:Working with Doge devs to improve system transaction efficiency. Potentially promising.— Elon Musk (@elonmusk) May 13, 2021Beim Blick auf die Energiekosten, hat der DOGE tatsächlich die Nase vorn,...

Stellar lumen price corrected lower from the $0.8000 resistance zone against the US Dollar. XLM price is now trading just below $0.6800 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.6200 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6850 and $0.7100 resistance levels. Stellar lumen price is holding ground above $0.6000 against the US Dollar, similar to...

Ripple price is holding ground above the $1.22 support zone against the US dollar. The price is now consolidating above $1.45 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near the $1.5500 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.55 and $1.60. Ripple price is trading nicely above the $1.40 support against the US...

The price of ICP is down. While Bitcoin is leading the market correction, the top altcoins including Ethereum (ETH) have also been dragged into the nosediving market.The price of the Dfinity’s newly launched blockchain web protocol, Internet Computer (ICP) has continued to bear the brunts of the ongoing global crypto market correction.Despite the coin’s price falling from its debut price of $731 to $258 over the past weekend, the network’s native digital currency has continued to nosedive....

Elon Musk continues to drive volatility in the crypto market as bitcoin fell by $7,000 in a day before it recovered $3,000. Most altcoins are also deep in the red, with ETH dipping below $3,500 and BNB beneath $500. Bitcoin’s 24H Wild Ride It’s safe to say that the primary cryptocurrency has seen better days. In fact, they weren’t that long ago as it traded above $58,000 on May 12th. However, Elon Musk’s statement that Tesla had stopped receiving BTC payments for its electric...

It is hard to understand Elon Musk at times. There are moments when he appears to be quite clear regarding cryptocurrency, and other days when he seems to be way off the mark. Either he does not fully understand the influence he has on the space, or he does and says certain things knowing they will have certain impacts. Either way, he has now sent Dogecoin through the roof again with his latest words following the rough week it has had. Elon Musk and Dogecoin Are Mixing...