Altcoins

ADA price is gaining pace above the $0.580 zone against the US Dollar. The price is now trading above $0.6120 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.6050 on the 4-hour chart (data feed via Coinbase). The price could continue to rise if it clears the $0.640 and $0.650 resistance levels. Cardano price is rising above $0.620 against the US Dollar, like Bitcoin. ADA price could rally further if there is a...

Ethereum price is moving higher above the $2,750 resistance against the US Dollar. ETH price is now trading above $2,750 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $2,880 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,750 support zone. Ethereum price is rising above the $2,800 level against the US Dollar. ETH/USD could rise further if it clears the...

CoinspeakerCrypto Tax Delay Proposed in South Korea Ahead of Elections The ruling People Power Party of Korea believe that the establishment of regulations for cryptocurrencies is more important than implementing immediate taxation. Crypto Tax Delay Proposed in South Korea Ahead of Elections

CoinspeakerRollup Platform AltLayer Raises $14.4M in Funding Round The money raised will be allocated for expanding the AltLayer team and improving its infrastructure Rollup Platform AltLayer Raises $14.4M in Funding Round

CoinspeakerY Combinator to Extend Investment Focus to Stablecoins and AI Ventures YC envisions stablecoin adoption mirroring the trajectory of digital music, which shifted from being associated with illegal file sharing in the early 2000s to becoming the standard. Y Combinator to Extend Investment Focus to Stablecoins and AI Ventures

CoinspeakerOpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend The launch of OpenAI Sora last Friday has reignited the rally in AI tokens with Worldcoin leading the charge by registering ~200% gains over the last week. OpenAI’s Sora Launch Leads to Strong Rally in AI Tokens over Weekend

Stellar lumen price is attempting a fresh increase from the $0.1110 zone against the US Dollar. XLM price is now trading above $0.1150 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1140 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1180 resistance zone. Stellar lumen price is trading in a positive zone above $0.1150 against the US...

XRP price is attempting a fresh increase above the $0.522 pivot level against the US dollar. The price is now trading above $0.540 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.5550 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start a fresh increase above the $0.565 resistance. XRP price is consolidating near $0.550 against the US Dollar, like Bitcoin. It must stay...

Bitcoin faced some untypical for the weekends volatility yesterday and dropped by roughly a grand and a half, but has recovered most losses and now sits close to $52,000. Most altcoins have also turned green today, with ETH reclaiming the $2,800 level and SOL returning to $110. BTC Heads Toward $52K Again After closing last week with a 13% gain, BTC started the current one with another surge on Monday that drove it to $50,000 for the first time in over two years. The US CPI...

Bitcoin’s start of 2024 has been quite impressive not only in price movements but also in terms of global adoption following the approvals of nearly a dozen spot BTC ETFs in the US. With the fourth halving scheduled to take place in about two months, the primary cryptocurrency is expected to have a highly positive year, with some predictions indicating a price tag of up to $150,000, which would mean a 3x surge from this point. However, once BTC starts to head north, so do...