Altcoins

Ripple, an investor in Fortress, has stepped in to compensate Fortress customers for any incurred losses as part of the acquisition process. Ongoing discussions surround the potential acquisition of Fortress by Ripple, a cryptocurrency payment network. This unexpected development follows security issues faced by Fortress due to the compromise of a third-party vendor’s cloud tools. While the extent of the crypto loss remains unclear, it raises concerns about the security of clients’...

Stellar lumen price is rising toward the $0.150 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1320 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.135 and $0.142 resistance levels. Stellar lumen price is trading above $0.130 against the US Dollar, similar to bitcoin. XLM...

Ripple price is struggling to stay above the $0.486 support against the US dollar. The price is now trading below $0.510 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $0.5010 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.5085 and $0.5180. Ripple price is struggling below $0.520 against the US Dollar, unlike Bitcoin. XRP...

Bitcoin spiked to a multi-day high above $26,400 yesterday, but that was short-lived, and the asset has returned to a familiar sight at under $26,000. The altcoins are also slightly in the red today, with BNB, ADA, and SOL retracing by over 1%. BTC Fails at $26K Bitcoin’s price performance has been anything but impressive for the past 10 days or so, ever since it shot up by $2,000 and then dumped by almost $3,000 days later after Grayscale’s win over the SEC. The subsequent...

Cosmos – a blockchain network that developed the notion of the “app chain” (a blockchain dedicated to a specific application) – used to be one of the biggest and most well-known crypto networks around, but it’s fallen hard from grace following the crypto meltdown of 2022. Cosmos isn’t Doing so Hot Cosmos was largely tied to Terra USD, the algorithmic stable currency that fell apart completely in the summer of last year It appears the network has had a very...

Bitcoin cash is attempting a recovery wave from the $188 zone against the US Dollar. The price is now trading below the $200 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $192 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $200 and $210 to start a steady upward movement in the near term. Bitcoin cash price is rising from $188 against the US Dollar,...

Chainlink has forged several collaborations with prominent companies but on the price side of things, its native token has yet to recoup its losses. Over the past month, LINK was down by approximately 14%. Surging past the crucial resistance level at $6 was a feat given a broad bearish market for altcoins this week, but the token could potentially be poised for more gains. According to Santiment, the “shark” tier of LINK investors has been amassing coins. As a result, the...

Elon Musk is back in the news. First off, he’s rebranding Twitter to “X,” a simple name for what is undoubtedly becoming a very complicated social media platform given all the hype, hoopla, and controversy that has surrounded it since he bought it last year. Elon Musk is Again Touting Dogecoin Second, he’s once again playing with the idea of utilizing Dogecoin as an official payment tool for all users of Twitter turned X, and it appears his sentiment towards the...

EOS price started a fresh decline below the $0.600 zone against the US Dollar. The price is now trading below $0.595 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5850 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 $0.600 and $0.6150 resistance levels. EOS price is struggling below $0.600 against the US Dollar, unlike...

Litecoin is showing bearish signs and trading below $66 against the US Dollar. LTC price is now trading below $65 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $63.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $66 resistance zone. Litecoin price is struggling below $66 against the US Dollar, similar to Bitcoin. LTC price...