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Tag Archives: Altcoin News

Mike Novogratz: A Digital Dollar Is Necessary

Billionaire investor and former hedge fund manager Mike Novogratz is saying that the United States is going to seriously fall behind granted it does not develop a digital dollar in the immediate future. Mike Novogratz: We Need a Digital Dollar Mike Novogratz has always been a huge bitcoin and cryptocurrency advocate, and he feels that in many ways, digital assets will be the future of money. Thus, he is urging the United States to take control of the financial reins. He...

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Mark Cuban The Future of Crypto Lies with Ethereum

Not too long ago, billionaire investor and owner of the Dallas Mavericks basketball team Mark Cuban commented that he owned quite a bit of bitcoin, but that his crypto portfolio also contained a healthy portion of Ethereum. While his initial sentiment was that Ethereum was considerably closer to a currency that bitcoin was, new ideas have been expressed, and Cuban allegedly seems to think that the future of the crypto space will rely heavily on ETH-based developments....

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EOS Price Analysis: Bulls Could Struggle Above $6.40

EOS started a fresh surge above the $5.500 and $6.000 resistance levels against the US Dollar. The price is currently trading well above the $5.500 support and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $6.380 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase, but the bulls might struggle above the $6.400 resistance zone. EOS price is still trading in...

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Litecoin (LTC) Price Analysis: Holds Key Support Near $210

Litecoin price topped near the $245 level and corrected lower against the US Dollar. LTC price is now trading well above the $200 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $212 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher as long as there is no daily close below the $205 zone. Litecoin price is showing positive signs above $212 against the US...

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Crypto Industry Reaches $2 Trillion Market Cap Following Ethereum and Altcoin Surges

The cryptocurrency arena has reached a new pinnacle. The industry has a total market cap now exceeding $2 trillion. The news comes after several of the world’s leading altcoins – including Ethereum, Litecoin, Ripple’s XRP and Binance Coin – spiked to new highs after bitcoin once again neared the $60,000 per unit range. Ethereum and Other Coins Have Jumped Heavily The cryptocurrency industry’s market cap has so far more than doubled what it was at the beginning of the...

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Tron (TRX) Price Analysis: Rally Stable Above $0.10

Tron price started a fresh rally from the $0.0800 support zone against the US Dollar. TRX price is now trading above the $0.1000 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.1050 on the 4-hours chart (data feed via Bitfinex). The pair is likely to resume higher if it clears the $0.1300 and $0.1420 resistance levels in the near term. TRON price is trading in a positive zone above $0.1000 against the US...

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Cardano (ADA) Price Analysis: Bulls Eye Fresh Rally Above $1.25

ADA price failed to settle above $1.280 and corrected lower below $1.220 against the US Dollar. The price is now above the $1.160 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.220 on the 4-hours chart (data feed via Bitfinex). The price is likely to start a fresh rally once there is a clear break above the $1.220 resistance. Cardano price is trading above a major support at $1.160 against the US...

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Ethereum Price Analysis: ETH Eyes Upside Break above $2,200

Ethereum price started a fresh increase above the $1,850 resistance against the US Dollar. ETH price is currently trading well above $2,000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,080 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to aim more gains above $2,150 and $2,200. Ethereum price is now showing a lot of positive signs above $2,000...

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Elon Musk Wants to Literally Leave Dogecoin On the Moon

Elon Musk – the South African entrepreneur behind majorly successful companies like electric car firm Tesla and SpaceX – is back in the news promoting his favorite cryptocurrency Dogecoin. While the man has consistently made a name for himself in the world of bitcoin and went as far as to purchase $1.5 billion worth of the world’s number one digital asset by market cap in recent months, Musk is again reverting his attention back to the joke cryptocurrency with a cute...

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Stellar Lumen (XLM) Price Signaling More Gains Above $0.48

Stellar lumen price is trading nicely above the $0.4000 pivot level against the US Dollar. XLM price is now trading well above $0.4200 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.4400 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher if there is a clear break above the $0.4700 and $0.4800 resistance levels. Stellar lumen price is showing positive signs above $0.4200...

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