Altcoins

The digital asset markets expanded substantially over the first quarter of 2024, catalyzed by an end to the decade-long effort to introduce spot Bitcoin ETFs in the US. While Q1 was a turning point in many ways, Q2 kicked off on a turbulent note. Bitcoin’s plunge below $65K and the substantial decline in altcoins’ market caps is a concerning retracement as April unfolds. Despite this downturn, the crowd sentiment remains resilient. Crowd Confidence According to Santiment’s...

[unable to retrieve full-text content]CoinspeakerDigital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down While the Bitcoin investment products registered strong inflows, the Ethereum products registered their fourht consecutive week of outflows. Digital Asset Investment Products Rebound with $862M Inflows, ETF Activity Slows Down

[unable to retrieve full-text content]CoinspeakerCrypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown Crypto.com plans to launch retail trading in South Korea on April 29th in order to replace its previously acquired local exchange OK-BIT’s services. The company faces regulatory hurdles but eyeing South Korea’s active crypto market amidst stiff competition. Crypto.com to Launch Retail Trading in South Korea Amid OK-BIT’s Shutdown

ADA price started a downside correction from the $0.6840 zone against the US Dollar. The price is now trading below $0.650 and the 55 simple moving average (4 hours). There was a break below a major bullish trend line with support near $0.6480 on the 4-hour chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.6260 and $0.650 resistance levels. Cardano’s price is struggling below $0.650 against the US Dollar, like Bitcoin. ADA...

Ethereum price started a downside correction from the $3,680 resistance against the US Dollar. ETH price is now trading below $3,550 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support at $3,535 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $3,550 resistance zone. Ethereum price is declining below $3,550 against the US Dollar. ETH/USD remains at a risk of...

Dogecoin (DOGE), the first meme coin in the crypto industry, made a huge comeback last week when it crossed the $0.22 mark —a price not seen since November 2021. Data from CoinGecko shows that DOGE’s price has increased 22.3% weekly, and its trading volume has increased more than 50% to 3.17 billion. DOGE is currently trading at $0.20. Its market capitalization remains past $30 billion, well above Cardano (ADA), making it the 8th largest cryptocurrency. Is DOGE Set For...

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Stellar lumen price is attempting a fresh increase above the $0.1320 zone against the US Dollar. XLM price is now trading above $0.1400 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.1390 on the 4-hour chart (data feed via Kraken). The pair could accelerate higher if there is a clear move above the $0.1450 resistance zone. Stellar lumen price is trading above $0.1400 against the US Dollar, like Bitcoin. XLM...

XRP price is attempting a fresh increase above the $0.60 support against the US dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support at $0.6240 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase if it clears the $0.6565 resistance. XRP price is consolidating above $0.60 against the US Dollar, like Bitcoin. It must stay...

The TRON network accounted for 45% of all illicit volume in 2023, according to data released by analysts at blockchain forensics firm TRM Labs. TRM Labs released a report titled “The Illicit Crypto Economy” on Wednesday shedding light on the key trends in 2023 related to illicit activities and funds in the crypto space. TRON Blockchain Dominates Illicit Activity TRON blockchain network, founded by Chinese entrepreneur Justin Sun, accounted for the highest illicit activity...