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Tag Archives: Altcoin News

Tether (USDT) Hit New Market Cap ATH as Adoption Grows

USDT has become the most traded stablecoin, especially after the de-pegging of Circle’s USD Coin (USDC) earlier this year.  United States-dollar-backed stablecoin Tether (USDT) has hit an all-time high in its market capitalization based on existing market data. The new milestone has helped Tether exceed its previously set all-time high of $83.2 billion which was announced back in May 2022. USDT is currently the third largest cryptocurrency by market cap which at the time of writing is...

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EOS Price Analysis: Key Support Intact Near But Bearish Signs Emerge

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a downside correction from the $0.930 resistance against the US Dollar. The price is now trading near $0.875 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.9020 on the 4-hour chart of the EOS/USD pair (data feed from...

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Litecoin (LTC) Price Analysis: Bulls Face Uphill Task Near $94

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a downside correction from the $95 zone against the US Dollar. LTC price is now trading above $88 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $92 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair...

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Bitcoin Jesus Roger Ver: Ethereum, Not Bitcoin, Will Drive Global Crypto Adoption

Considering the kind of projects that the Ethereum blockchain hosts, and the kind of services it offers, Roger Ver believes that Ethereum will be able to drive major user adoption. Roger Ver, also popular as Bitcoin Jesus for being an early BTC advocate, recently gave a statement that it will be Ethereum, and not Bitcoin, responsible for driving a bulk of new users towards cryptocurrencies. While speaking at the Show Me The Crypto podcast on Tuesday, May 31, Roger Ver said that despite...

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Tron (TRX) Price Analysis: Dips Supported Near $0.075

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh increase above the $0.0720 level against the US Dollar. TRX price is now trading below $0.0780 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0752 on the 4-hours chart (data feed via Kraken). The pair could continue to move...

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Gaming Crypto Token Qwan to Launch via Ethereum on May 31 Supported by Horizen Labs Ventures

The Qwan tokens have a total supply of 1 billion with about 455 million, representing 45.5 percent, being allocated to the ecosystem’s treasury. The Qwan, a Web3 crypto token geared towards revolutionizing the gaming industry by involving users, has announced plans to launch on the Ethereum ecosystem on May 31. Backed by key Web3 investors including Horizen Labs Ventures – which has backed successful GamiFi projects like Yuga Labs, The Sandbox, and Animoca Brands – the Qwan token intends...

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BRC-721E Standard to Bridge Gap between Ethereum NFTs and Bitcoin Ordinals

As the NFT landscape continues to evolve, the integration of Ethereum and Bitcoin ecosystems through the BRC-721E standard paves the way for further innovation and expansion that can even attract more mainstream innovators into the Web 3.0 world. The recent introduction of Bitcoin (BTC) Ordinals and the unveiling of the BRC-721E protocol is aimed at bridging the gap between Bitcoin and Ethereum (ETH), particularly in the field of Non-Fungible Tokens (NFTs). According to reports, the...

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Robert F. Kennedy Jr. Criticizes SEC’s Enforcement Action against Crypto

US presidential candidate Robert F. Kennedy Jr. shared his disapproval of SEC’s enforcement action against the crypto industry and plans to include crypto-friendly members on the board when elected president. In an exclusive interview with TheStreet, Robert F. Kennedy Jr. (RFK Jr.), an aspiring US presidential candidate, criticized the Securities and Exchange Commission (SEC) for taking an enforcement approach to regulating the crypto industry. Kennedy said such a heavy regulatory...

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VanEck: ETH Price Can Hit $11.8K with up to $51K in Revenue by 2030

VanEck analysts have explained in detail why ETH price could rise above $11K by 2030, with revenue of more than $50 billion. According to a VanEck report, the Ethereum (ETH) price could hit $11.8K by 2030. The global investment manager exposited its ETH price predictions earlier in the month. On May 9th, VanEck’s Digital Assets Research Head, Matthew Sigel, and Digital Assets Senior Investment Analyst Patrick Bush made the bold claims. The duo provided a detailed valuation methodology...

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Cardano (ADA) Price Analysis: Recovery Could Gain Pace Above $0.385

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is showing positive signs above the $0.3720 zone against the US Dollar. The price is now trading above $0.375 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.3700 on the 4-hours chart (data feed via Coinbase). The price could gain...

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