Altcoins

This week has seen a whirlwind of events. Bitcoin’s price seems like the only stable thing in the industry right now, however hilarious that may be. That said, the cryptocurrency is still up throughout the past seven days, but not as much as last week. SBF was found guilty, Solana (SOL) is exploding, and whatnot. A lot happened this week, so let’s dive in. Starting with BTC’s price, the cryptocurrency is trading at slightly below $35K at the time of this writing, marking an...

Bitcoin cash price started a fresh decline from the $270 zone against the US Dollar. The price is now trading below the $250 zone and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $238 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could start a fresh decline if it stays below the $250 resistance zone. Bitcoin cash price is struggling below the $250 zone against the US Dollar,...

Solana (SOL) has been on an absolute tear last month after surging by over 85%, leaving the rest of the top-20 ranked coins in its dust. The cryptocurrency trades above $40, setting a fresh 13-month high as it recovers from the capitulation suffered during the FTX fallout. With altcoin projects rising, traders are also looking to alternative projects that can pump next, with one standing out after raising over $1 million. Solana Sees Epic Comeback Following FTX Fallout as...

The crypto wallets associated with the now-defunct crypto exchange FTX and its sister trading firm, Alameda Research, persist in diversifying their investments across various altcoins on numerous crypto exchanges. According to Spot On Chain data, FTX and Alameda’s addresses recently transferred nine assets amounting to $46 million to Kraken, Binance, and Coinbase once again. FTX and Alameda’s Massive Transfers Earlier today, FTX deposited $46 million worth of assets to...

EOS price started a fresh increase above the $0.60 resistance against the US Dollar. The price is now trading above $0.612 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.6295 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.6600 and $0.6720 resistance levels. EOS price is rising above $0.6200 against the US Dollar, like Bitcoin. The...

Litecoin started a steady increase above $67.50 against the US Dollar. LTC price is now trading above $68 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $67.80 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.20 and $72.85 resistance levels. Litecoin price is recovering from the $67.00 zone against the US Dollar, like Bitcoin. LTC...

The rise of TON began gaining momentum in September, coinciding with the introduction of the TON wallet within the Telegram messenger platform. The Open Network (TON) has taken the blockchain world by storm as it became the world’s fastest blockchain. With a remarkable achievement in speed during recent public testing, the TON development team reported that in a 12-minute experiment, an astounding 42 million transactions were conducted, setting a new record of 104,715 Transactions Per...

The new developments come after a court-mandated phased liquidation process, enabling FTX to sell digital assets worth a total of $3 billion on a weekly basis.  A flurry of activity in the crypto space last night grabbed the attention of industry watchers as the wallets associated with bankrupt crypto exchange FTX and its sister company Alameda Research transferred around $13.1 million in various digital assets to multiple exchanges overnight. Data from Spotonchain revealed that the...

Solana price started a strong increase above the $30.00 resistance against the US Dollar. The price is now trading above $35 and the 55 simple moving average (4 hours). There is a connecting bullish trend line forming with support near $35.75 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $38.00 and $38.80 to continue higher in the near term. Solana price is trading in a positive zone above $35 against the US Dollar, like...

ADA price is gaining pace above the $0.280 zone against the US Dollar. The price is now trading above $0.290 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.2980 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.300 and $0.305 resistance levels. Cardano price is rising above $0.290 against the US Dollar, like Bitcoin. ADA price could rally if there is a...