Altcoins

The highly volatile moves after the approval of the first US spot Bitcoin ETFs continued in the past 24 hours, with a massive dump to under $41,600. The altcoins have suffered just as badly, with SOL, ADA, AVAX, and others slumping by more than 5-6% in the same timeframe. BTC’s Volatility Returns Bitcoin and the entire cryptocurrency industry had a very eventful week, in which the US SEC was expected to approve the first spot BTC ETFs in the country. While that indeed...

Dans cet article il est question d’une étude comparative entre le roman d’Émile Zola l’Argent et le marché des crypto-actifs (Bitcoin, Monero et les altcoins en général…), le roman y sera quasiment divulgâché. Si dans le passé des parallèles entre Bitcoin et la réforme protestante ont déjà été effectuées [1,2], ici il sera traité en tant qu’actif financier seulement, cependant cela n’exclut pas de se pencher sur d’autres périodes...

After a challenging decade of attempts, the US Securities and Exchange Commission (SEC) finally approved spot Bitcoin ETFs. These products enable retail customers and traditional financial institutions to access Bitcoin’s price through standard brokerage apps without relying on crypto exchanges. This excitement is being reflected in the prices of altcoins as data indicates a notable influx of capital into the crypto market. Spot Bitcoin ETF Frenzy Boosts Capital Inflow At the...

Bitcoin cash started a strong increase above the $245 and $250 levels against the US Dollar. The price is now trading above the $250 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $290 to continue higher in the near term. Bitcoin cash price is climbing above $260 against the US Dollar, like...

EOS price started a fresh decline after it failed to stay above $0.880 against the US Dollar. The price is now trading below $0.800 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.7620 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7620 and $0.7800 resistance levels. EOS price is struggling below $0.800 against the US...

Litecoin is gaining pace above the $68.00 resistance against the US Dollar. LTC price is now trading above $68.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.00 and $72.00 resistance levels. Litecoin price is recovering from the $63.50 zone against the US Dollar, like...

Solana price started a fresh increase from the $85.00 zone against the US Dollar. The price is now trading near $100.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $92.90 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $102 and $105 to continue higher in the near term. Solana price is trading above $90 against the US Dollar, like Bitcoin. SOL could start a...

A new report by Kaiko reveals that the liquidity for privacy tokens has plummeted to an all-time low of just $5 million. This drop follows the delisting of several trading pairs by OKX for not meeting certain criteria. Regulatory Challenges Behind Delisting Regulatory pressures have particularly impacted tokens like Monero (XMR) and Zcash (ZEC), pushing them to the brink of being delisted from platforms like Binance due to low liquidity. Despite the market turmoil, the end of...

Internet Computer (ICP) soared by 247% in 2023. During its growth, ICP became the 16th largest cryptocurrency by market cap, flipping the number two memecoin, Shiba Inu. Now, in 2024, Internet Computer looks to rebuild its reputation and has attracted thousands of bullish investors. Meanwhile, Meme Moguls, an exciting new P2E altcoin, also looks to capitalize on the ongoing market growth. Internet Computer Becomes 16th Largest Cryptocurrency Following a dramatic rally in Q4,...

ADA price is attempting a fresh increase from the $0.4650 zone against the US Dollar. The price is now trading below $0.580 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.5150 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5600 and $0.5800 levels. Cardano price is holding the $0.5150 support against the US Dollar, like Bitcoin. ADA price...