Altcoins

Morgan asserts that XRP sales fail to meet at least two of Howey test prongs, making the SEC’s case weak. With the facts apparently not aligning with the Howey framework, he sees little room for the SEC to overturn the earlier judgment. In the ongoing Ripple versus SEC case over XRP, legal experts are assessing the chances of a successful SEC appeal after Judge Analisa Torres granted Ripple a partial win in July. The judge ruled that XRP sales on public exchanges were not unregistered...

Stellar lumen price is rising toward the $0.1165 resistance zone against the US Dollar. XLM price is now trading above $0.1075 and the 55 simple moving average (4 hours). There is a short-term rising channel forming with support near $0.1100 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.1125 and $0.1165 resistance levels. Stellar lumen price is trading above $0.1080 against the US Dollar, like bitcoin. XLM...

XRP price is gaining pace above the $0.505 support against the US dollar. The price is now trading above $0.512 and the 55 simple moving average (4 hours). There is a key rising channel forming with resistance near $0.5350 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another increase if it stays above $0.500. XRP price is rising above $0.505 against the US Dollar, like Bitcoin. The price must stay above $0.500 to continue...

Bitcoin cash is eyeing a fresh increase above the $235 resistance against the US Dollar. The price is now trading above the $220 zone and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $222 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $235 and $242 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $220 against the US Dollar,...

EOS price remained in a bearish zone and declined below the $0.550 zone against the US Dollar. The price is now trading below $0.545 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5475 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 $0.525 and $0.520 resistance levels. EOS price is struggling below $0.540 against the US...

Litecoin started a fresh decline from the $66.50 resistance zone against the US Dollar. LTC price is now trading below $62.50 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $62.20 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down unless there is a recovery wave above $62.00. Litecoin price is struggling below $62.50 against the US Dollar, like Bitcoin....

Solana price started a decent increase above the $22.40 resistance against the US Dollar. The price is now trading above $23.50 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $23.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $24.40 and $25.00 to continue higher in the near term. Solana price is trading in a positive zone above $23.50 against the US...

Digital asset investment products attracted inflows for the third week in a row, totaling $15 million. However, trading volumes remain 27% below the 2023 average. Over the past week, Bitcoin saw inflows of $16 million, bringing the year-to-date inflows to $260 million, while short BTC products also received $1.7 million. Altcoins, however, did not have a great week, according to the latest edition of CoinShares’ “Digital Asset Fund Flows Weekly Report.” Digital asset...

Coinbase noted that the recent action is part of its efforts to enhance overall market health and consolidate liquidity. One of the world’s largest crypto exchanges Coinbase Global Inc (NASDAQ: COIN) has been taking measures in order to boost liquidity on the platform. As a result of this, Coinbase has suspended a total of 80 non-USD trading pairs. This includes cryptocurrencies like Bitcoin, stablecoins, and fiat currencies like Euro. Coinbase recently announced the removal of several...

ADA price is attempting a fresh increase above the $0.250 zone against the US Dollar. The price is now trading above $0.250 and the 55 simple moving average (4 hours). There is a key rising channel forming with support near $0.2485 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.2550 and $0.2580 levels. Cardano price is holding the $0.250 support against the US Dollar, like Bitcoin. ADA price could gain...