Altcoins

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With the upcoming Bitcoin halving, the crypto market is set to gain some interesting momentum as seen historically. Let’s take a look at why Bitgert may be the coin to shine this halving. What is Bitcoin Halving? The Bitcoin halving event occurs every 210,000 blocks where the block rewards are halved. This creates a scarcity for Bitcoin which has historically resulted in a surge in price. The Bitcoin halving is expected to be a few hours away and will reduce block...

Bitcoin’s price faced extreme volatility in the days leading to the highly-anticipated fourth halving but has remained relatively still after its completion. Most altcoins are slightly in the green on a daily scale, aside from TON, which has dumped by double-digits despite the big news coming from Tether. BTC’s Calmness After Halving The adverse price developments for Bitcoin started last Friday when the asset slumped from over $71,000 to $65,000. It recovered a couple of...

As the halving season is nearing, the anticipation of investors is increasing. Every single trader wants to get the most out of the upcoming bullish rally, which is why they are looking for potential altcoins. One such coin is Bitgert, which has performed wonderfully even in the bearish period. Post Halving Expectations From Bitgert Unlike other altcoins that drowned during the bearish crypto period, Bitgert achieved its ATH value of $0.00000404 on August 13,...

Bitcoin cash price started a fresh decline from the $570 zone against the US Dollar. The price is now trading below the $550 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $505 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $525 resistance zone. Bitcoin cash price is struggling below the $550 zone against the US Dollar,...

On April 17, the two pro-crypto Senators introduced the Lummis-Gillibrand Payment Stablecoin Act. The bill “solves key policy challenges that have lingered around previous proposals and provides prudential regulation and added consumer protections to stablecoin issuers,” said Lummis, who added, “But above all, it allows innovation to prosper.” The Senators have been drafting the bill for months as customer protections and proper custody practices for issuers came into focus...

EOS price started a fresh decline after it failed to clear $1.150 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4 hours). There is a declining channel forming with resistance at $0.770 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 $0.775 and $0.80 resistance levels. EOS price is struggling below $1.00 against the US Dollar, unlike Bitcoin....

Litecoin started a fresh decline from the $105 resistance zone against the US Dollar. LTC price is now trading below $90 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $87.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless the bulls protect the $70.00 support zone. Litecoin price is struggling below $90.00 against the US Dollar, like...

Ethena is a synthetic dollar protocol on Ethereum that issues the stablecoin USDe. The asset aims to be a censorship-resistant and scalable form of digital money pegged to the US dollar. On April 16, on-chain analytics firm CryptoQuant took a deep dive into the Ethena ecosystem revealing risks with the latest stablecoin, which has seen its market capitalization grow to more than $2 billion in a shorter time after launch than any other major counterpart. USDe’s market cap...

Solana price gained bearish momentum below the $150 level against the US Dollar. The price is now trading below $150 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $155 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but the upsides might be limited above the $150 resistance. Solana price is trading in a bearish zone below $160 against the US Dollar, like...