Altcoins

Ripple price started a fresh increase above the 0.5000 and $0.5500 resistance levels against the US dollar.The price is now trading well above the $0.5000 zone and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.5400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to remain well bid above the $0.5200 and $0.5000 support levels in the near term.Ripple price is trading in a positive zone above $0.5000...

American singer, songwriter, and entrepreneur, Lindsay Lohan is the latest celebrity to openly endorse cryptocurrencies. Just three days ago, she announced the sale of her NFT, Bitcoin ‘Lightning,’ and now, it seems she is getting fascinated by the DeFi world.There appears to be a widespread bitcoin frenzy in the music scene. While Hip Hop star Jay Z is teaming up with Twitter CEO Jack Dorsey to donate bitcoin for developers in Africa, Lindsay Lohan is exploring the world of DeFi.She took to...

Bitcoin is reminding of itself. The cryptocurrency saw an impressive increase of more than $2,000 in the past 12 hours. This allowed it to set a new all-time high above $49,000. It also had the BTC dominance index increase as altcoins chart mild drops.Bitcoin Price Eyes $50KThe past few days saw Bitcoin’s price being rather indecisive as the cryptocurrency was unable to follow through on its break to $49,000 and tumbled over.Since February 12th, BTC was trading in a range between $46K and...

Altseason is booming. Data from the popular monitoring resource Coin Market Cap shows that the total capitalization of all alternative cryptocurrencies currently stands just shy of $600 billion. This has reduced Bitcoin’s market dominance to 60%.With this said, we’ve selected five altcoins to keep a close look at in the following week.Yearn Finance (YFI)YFI needs no introduction. It’s the governance token for the Yearn Finance ecosystem, and it’s one that definitely made history....

It’s been mostly green on the cryptocurrency market over the past couple of days and this is especially true for the skyrocketing altcoins. The total market capitalization stands at around $1.45 trillion whereas bitcoin’s dominance has been reduced to 60.3%.Bitcoin Struggling Below $50,000Just yesterday, Bitcoin made another attempt to reach the coveted $50,000 mark but unfortunately, it was unable to do so. The cryptocurrency peaked at a high of exactly $49,000 on Bitstamp.At the time of...

To say that the last week was interesting in the cryptocurrency market would be a massive understatement. Bitcoin almost reached $50K, Ethereum shot past $1800, BNB peaked at around $150 – these are just some of the highlights.Starting off, a few days ago, Bitcoin received perhaps what might be considered as its major endorsement in the recent years – Tesla revealed a bitcoin buy worth $1.5 billion in January. That’s right – one of the world’s largest public companies allocated around 15% of...

After yet another all-time high painted just at the $49,000 price tag, bitcoin retraced slightly. Most altcoins also went up in the past 24 hours, and the total market cap painted a new record as well above $1.460 trillion. Interestingly enough, YFI has managed to surpass BTC in terms of dollar value.Bitcoin’s Latest ATH At Nearly $49KBTC is having a compelling week as it exploded by about $7,000 on Monday following news that Tesla had purchased $1.5 billion in January. It went for a new...

Bitcoin cash price gained pace and was able to clear $500 against the US Dollar.The price is trading nicely above the $520 level and the 55 simple moving average (4-hours).There is a key ascending channel forming with support near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $550 resistance and continue higher towards $600 in the near term.Bitcoin cash price is gaining momentum above $520 against the US Dollar, similar to bitcoin....

EOS starred a strong increase and it cleared the $3.500 resistance against the US Dollar.The price is currently trading well above $3.800 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher above the $4.200 and $4.500 resistance levels.EOS price is trading above a major pivot level at $3.800 against the US Dollar, while bitcoin is...

Bitcoin’s dominance continues to suffer and has dropped beneath 61% once more as the asset has stalled around $45,000. In contrast, numerous altcoins have spiked, including a new 3-year high of Cardano as ADA has neared $1.Bitcoin Stagnates Around $45KThe primary cryptocurrency registered its largest green candle in history on Monday upon news that Elon Musk’s Tesla had purchased $1.5 billion in BTC. This development drove the cryptocurrency to a new all-time high at above $48,000.However,...