Altcoins

ADA price is down over 5% and it broke the key $0.0900 support zone against the US Dollar.The price is now trading well below $0.0860 and the 55 simple moving average (4-hours).There was a break below a key declining channel with support near $0.0855 on the 4-hours chart (data feed via Kraken).The price is likely to face hurdles near $0.0850 and $0.0900 if there is an upside correction.Cardano price is currently declining and trading well below $0.0900 against the US Dollar, similar to...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 975. Im heutigen Video geht’s um folgende Themen: Bitcoin Kurs Einbruch färbt den Markt rot – Altcoins bluten noch mehr & Ethereum völlig überlastet, so verändert DeFi das ETH-Ökosystem. 1.) Bitcoin Kurs Einbruch färbt den Markt rot – Altcoins bluten noch mehrhttps://cryptomonday.de/bitcoin-kurs-einbruch-faerbt-den-markt-rot-altcoins-bluten-noch-mehr/ 2.) Ethereum völlig überlastet, Gebühren auf Rekord-Niveau...

Ethereum price failed to clear the $400 barrier and declined recently against the US Dollar.ETH price is trading below the $352 support level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $375 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $330 support level in the near term.Ethereum price is declining and trading below the $352 support against the US Dollar. It seems like...

Facebook’s Libra company – the cryptocurrency that will allegedly serve as a global currency everyone can use in the coming future – has appointed James Emmett, the former HSBC European head, to an executive position within its infrastructure.Libra Chooses James Emmett of HSBC FameAccording to reports, Emmett will develop and operate the payment system associated with Libra, which goes by the name of the Calibra wallet. Emmett’s appointment marks the latest in a string of several high-profile...

A recent study compiled by a cryptocurrency insurance company revealed that over 25% of surveyed institutional investors, who collectively manage nearly $80 billion of assets, are planning to increase their digital asset holdings.Institutional Investors To Accumulate More CryptoAlthough the interest from institutional interest has been rising lately, exemplified by the large digital asset manager Grayscale, Evertas’ survey suggested further accelerations.The study compiled by the company...

Bitcoin’s price is back in decline as $12 billion suddenly evaporated off the crypto market cap. This includes approximately $10 million worth of BitMEX BTC longs, which have already been liquidated due to the sudden breakdown. In the last 4 hours, BTC has tanked over 3% from $10,900 to a low of $10,560 and broken through both the 50 and 200-day EMA lines. The rest of the altcoin market is also experiencing heavy losses as traders withdraw into Stablecoins and other safer...

Stellar lumen price remained in a bearish zone and it tested the $0.0720 support zone against the US Dollar.XLM price is currently declining below $0.0780 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $0.0780 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below $0.0740 or it might correct above the $0.0800 resistance.Stellar lumen price is struggling to recover above $0.0800 against the US Dollar, similar...

Popular TV host Max Keiser recently highlighted that Bitcoin’s continuously growing hash rate is significantly more important for humanity than its price. He believes that the expanding energy demand for sustaining the network would ultimately result in the demise of altcoins and fiat currencies.Rising Energy Consumption For BTC Is A Good Thing: KeiserFollowing a recent tweet by the famous broadcaster, in which he claimed that Bitcoin is initiating a 51% attack on world energy, CryptoPotato...

Even though the past week was positive for Bitcoin, the recent price action could raise some question marks for the bulls. After starting the week below $10,500, Bitcoin was able to break above the old tough resistance and reach back to the $11,000 area. However, while BTC gained 5% over the past week, most of the leading cryptocurrencies lost market cap. LINK  at -18% and even Ethereum at -2% are only two examples. The trending DeFi tokens suffered even harder. This tells us...

This week was nothing short of exciting. Bitcoin started trading at around $10,300 but was on a positive note throughout the entire time. It increased gradually, without any sharp and somewhat surprising movements, and managed to add about 6.5% to its value.The cryptocurrency tapped the important psychological and technical resistance at $11,000 but failed to conclusively close above it. Still, Bitcoin regained a serious portion of the total market capitalization as its dominance increased by...