Crypto news

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ADA price failed to surpass the $0.450 resistance and declined against the US Dollar. The price is now trading below $0.420 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.410 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.385 support zone. Cardano price is struggling below $0.42 against the US Dollar, similar to bitcoin. ADA price could...

Ethereum price started a fresh decline from the $1,380 zone against the US Dollar. ETH price is now trading below $1,325 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,250 support zone. Ethereum price is struggling below $1,350 against the US Dollar. ETH/USD remains at a risk of more...

Ripple continues to be embroiled in a legal tussle with the SEC, and certain community members have claimed significant corruption on the agency’s side for targeting the blockchain firm. Cardano founder Charles Hoskinson has cleared his stance on the matter and backed Ripple by saying that layer-1 protocols aren’t securities. The XRP Army, however, isn’t happy with Hoskinson’s take on the debate surrounding corruption inside the SEC. Fragment the Space XRP proponents believe...

The American YouTuber, actor, and social media personality – Logan Paul – sits on a $623,000 unrealized loss due to his investment in a non-fungible token (NFT), part of the Azuki collection. His interaction with cryptocurrencies is not successful, too. Due to the market crash, the valuation of his holdings has shrunk by over $500,000. Logan Paul’s Crucial Paper Losses Similar to many other individuals, the popular YouTuber hopped on the crypto bandwagon last spring when the...

Huobi Token (HT) – the native cryptocurrency of Huobi Global – spiked by approximately 18% hours after Justin Sun confirmed he will take an advisory role in the exchange. The recently announced Global Advisory Board will aim to guide the company’s business efforts and expansion plans, as well as receive a fresh investment. Huobi announced the establishment of the new unit yesterday (October 9th) and immediately invited some industry leaders to join it. One of those...