Altcoins

Litecoin price started a fresh increase from the $145 support zone against the US Dollar.LTC price is now trading well above $175 pivot level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $175 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains supported and it is likely to accelerate higher above the $185 and $190 levels.Litecoin price is showing positive signs above $175 against the US Dollar, while...

Elon Musk – the South African entrepreneur behind large tech corporations such as SpaceX and Tesla – revealed that his latter company has purchased approximately $1.5 billion worth of bitcoin, the world’s most popular and powerful digital currency.Elon Musk Is at It Again with BitcoinMusk has repeatedly gone back and forth on the asset, at one time calling it as “bs as fiat” while at other times presenting it with high words of praise. Over the past week or so, the entrepreneur’s primary...

The CEO of SpaceX and Tesla is known within the cryptocurrency field for his somewhat comical comments and support for the meme token Dogecoin. In his most recent post on the altcoin, he claimed that he had purchased a portion for his recently born child to become a “toddler hodler.”The world’s richest man took it to Twitter to announce his latest Dogecoin-related initiative. This time, he directly said that he had purchased tokens from the popular Shiba Inu-inspired coin for X Æ A-Xii – the...

Tron price is showing positive signs above the $0.0450 and $0.0420 support levels against the US Dollar.TRX price is now facing hurdles near $0.0480, but it is well above the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $0.0480 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0480 resistance zone in the near term.TRON price is showing signs of more gains above $0.0480 against the US...

Dogecoin has had many big fans over the years, perhaps the most notable being Elon Musk, but as of late, it appears to have attracted the attention of rock star Gene Simmons, famous for his time with the band KISS.Gene Simmons Is the Latest Fan of DogecoinOver the past week, Dogecoin has been on something of a roll. The currency – which initially started out as a joke asset and can be identified by the adorable little Shiba Inu dog that serves as its mascot – has surged nearly 400 percent...

The regulated stablecoin fully backed by the US dollar, Stably USD (USDS), will launch on the popular public blockchain – Tezos as a part of an ongoing collaboration between the two parties. The stablecoin issuer aims to target lower fees with the Tezos network, which recently went through an upgrade that decreased the costs by about 75%.USDS Comes To TezosIssued until now on the Ethereum blockchain, Stably USD (formerly known as StableUSD) is a US dollar-pegged stablecoin fully backed 1:1...

ADA price started a strong increase above the $0.6000 resistance level against the US Dollar.The price even cleared the $0.7000 level and settled above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.6550 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above $0.7200 as long as it is above the $0.6500 support.Cardano price is holding gains above $0.6500 against the US Dollar, while bitcoin is surging....

Ethereum price is showing a lot of positive signs above the $1,500 and $1,650 resistance levels against the US Dollar.ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $1,480 on the 4-hours chart (data feed from Coinbase).The pair seems to be eyeing an upside break above $1,800 and $1,850 in the near term.Ethereum price is about to break higher above $1,800 against the US Dollar. ETH/USD is...

Ethereum – the world’s second-largest cryptocurrency by market cap and the number one competitor to bitcoin – has shot up like no other currency this week. The asset has lost much of the attention thanks to bitcoin once again rising beyond the $37,000 mark in the past few days, but it has still set a new precedent and has traders talking about what’s to become of the world’s primary altcoin.Ethereum Is Growing Like No Other CoinEthereum initially began in 2015, which makes it considerably...

Bitcoin’s price exploded to new highs following Tesla’s allocation of $1.5 billion in the cryptocurrency. BTC’s dominance also increased by about 1.5% as most altcoins crashed against their leader.Bitcoin Paints A New ATH And Expands DominanceNews broke out earlier today that the electric vehicle giant Tesla had purchased a total of $1.5 billion in bitcoin. The price of the asset reacted with a sharp price increase, in which BTC added about $6,000 of value in merely minutes.This resulted in...