Altcoins

Many online businesses are seeing the rise of Bitcoin and cryptocurrencies and are starting to see them as a viable method of payment.It’s a strange time we’re living in. The world’s economy is struggling and many businesses are sinking without a trace as they look to cope with the current pandemic.Over the last few weeks we’ve also seen some altcoins bounce back well, even quicker than Bitcoin has. So is now the perfect time to invest?The market cap of Binance USD has increased from...

EOS price remained in a bearish zone and extended its decline below $2.225 against the US Dollar.The price traded as low as $2.182 and it is currently correcting higher towards the 55 simple moving average (4-hours).There is a significant bearish trend line forming with resistance near $2.450 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could start a strong rally if it clears the key $2.450 resistance zone.EOS price is slowly recovering and approaching a crucial...

Bitcoin attempted to conquer the $9,300 but to no fruition. The price pulled back and failed to breach the level. Meanwhile, the DeFi market continues to boom, with numerous projects marking double-digit daily increases.Bitcoin Price Fails at $9,300Bitcoin didn’t manage to claim $9,300 yesterday and has since retraced to its current trading level at around $9,200.As CryptoPotato reported, this is a vital level to watch in the short-term and should provide a good indication of how confident...

The e-money payment platform has announced some core changes in its managing board. The leadership shift came up with a new CEO and Chief Financial Officer (CFO).Change of PlacesThough not so much of a significant change in the manner of adding new people to its company’s leading positions, TenX has made an important turn in its managing team. In a recent post on their official website and twitter account as well, it was announced that their new Chief Executive Officer (CEO) will be Claude...

Litecoin price extended its decline and it even spiked below $40.00 against the US Dollar.LTC price is now correcting higher towards $42.50 and the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $42.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong increase above $42050 or resume its decline towards $38.50.Litecoin price is trading in a negative zone against the US Dollar, while...

Despite the German-based online payment processor Wirecard filing for insolvency last week, its stock price has surged by 700% in merely a few days. WDI plunged to a bit over 1 EUR and jumped to above 9 EUR earlier today following positive news from the UK’s regulator.Wirecard AG’s Stock Price Roller-CosterThe company’s drama began a few weeks ago as its decade-long auditor Ernst & Young was unable to locate 1.9 billion EUR ($2.1bn) in company funds. Shortly after, long-time CEO Markus...

Tron price is trading above the $0.0152 and $0.0155 support levels against the US Dollar.TRX price is currently facing hurdles near the $0.0165 and $0.0168 levels.There is a major bearish trend line forming with resistance near $0.0163 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0165 and $0.0168 resistance levels.TRON price is showing a few positive signs above $0.0158 against the US Dollar, similar to bitcoin. However, TRX price...

Ethereum price is currently recovering from the $215 support zone against the US Dollar.ETH price is now facing a couple of important hurdles near the $230 level.There is a major bearish trend line forming with resistance near $230 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $230 resistance or decline again below $220.Ethereum price is trading near a key juncture at $230 against the US Dollar. ETH/USD must break the $230 barrier to continue higher in...

After witnessing a five-days correction, SNX recovered almost 6% over the last 48-hours trading.Sellers may resume pressure if the price fails to increase above the previous resistance.The trend is still looking bullish in the short-term despite the five-day selling.SNX/USD: It Maintains Lower High Lower High PatternKey Resistance Levels: $1.83, $1.92, $1.964Key Support Levels: $1.61, $1.56, $1.44SNX/USD. Source: TradingVIewSynthetix Network Token has been under a correction since the price...

Currently, Bitcoin is trading at $9,107.86. The prognosis by Crypto Research Report implies a price increase of more than 3,500% for BTC by 2030. Crypto Research Report, a company that focuses on crypto-assets studies, has released its June 2020 edition. There, Crypto Research Report shared its vision of valuation of major altcoins, including Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Bitcoin Cash (BCH), and Stellar (XLM).And the prognosis the analysts give for crypto prices are dazzling....