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Tag Archives: Altcoin News

Sorry, Everyone. Walmart and Litecoin Have NOT Formed a Partnership

Walmart has been making a real name for itself in the crypto space. Many analysts were thrilled when the retailer announced not too long ago that it was looking to hire a crypto product specialist for its new blockchain division, suggesting that the firm was following in the steps of Amazon, one of its biggest competitors. Walmart and Litecoin… If Only! According to a recent news release, the company had engaged in a partnership with leading altcoin Litecoin, which...

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Sveriges Riksbank Is Clearly Not a Bitcoin Fan

Not everyone is a bitcoin fan, and now it looks like Sveriges Riksbank – the governor of Sweden’s central bank – is adamant that the world’s number one digital currency is about to collapse, and thus holds no place in modern-day finance. Sveriges Riksbank: Bitcoin Isn’t Going to Make It The digital currency space has come quite far in recent years. The primary asset, bitcoin, has attracted some of the world’s largest and most prominent institutional investors, from...

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Bitcoin Cash Analysis: Recovery Above $660 Seems Possible

Bitcoin cash price started an upside correction from the $600 zone against the US Dollar. The price is now trading near the $650 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $640 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to rise if it clears the $650 and $660 resistance levels. Bitcoin cash price is eyeing recovery above $660 against the US Dollar,...

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Lenny Moon Is Pushing Fly Coin, a Digital Currency Designed to Reward Frequent Fliers

We’ve all heard of frequent flyer miles. The more you fly, the more miles you’ll earn for future trips. Well, a cryptocurrency company is pushing a new digital asset known as Fly Coin, which will pay users in digital currency granted they engage in specific travel behaviors. Fly Coin Will Reward Consistent Travelers The company has recently brought on a new chief executive officer in the form of Lenny Moon. Moon will be tasked with overseeing the market launch of the...

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EOS Price Analysis: Signs of Fresh Rally above $5.20

EOS price started a decent recovery from the $4.30 zone against the US Dollar. The price is now trading above $5.00 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $4.85 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above the $5.10 and $5.20 resistance levels. EOS price is gaining pace above $5.00 against the US...

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Litecoin (LTC) Price Analysis: Bulls Aim Rally above $200

Litecoin price declined heavily below $200 and tested $160 against the US Dollar. LTC price is now trading above $180 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $177 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $196 resistance to start a decent increase in the near term. Litecoin price is showing positive signs above $180 against the US Dollar, similar to...

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Tron (TRX) Price Analysis: Bulls Aim Rally above $0.12

Tron price started a major increase above the $0.1000 resistance against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1085 on the 4-hours chart (data feed via Bitfinex). The pair could start another increase if there is a clear break above the $0.1200 resistance. TRON price gained traction above $0.1000 against the US Dollar, similar to bitcoin. TRX price...

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UCLA B-Ball Player Jaylen Clark Releases New Crypto

Jaylen Clark – a college basketball player at UCLA – has become the first college sports player to release his own cryptocurrency. Clark Makes Crypto – and Sports – History Known as $JROCK, the product was announced last Thursday to approximately 22,000 followers on YouTube and nearly 60,000 fans on Instagram. Those following Clark and his sports career will have first access to the coin through a platform known as Rally, which Clark has partnered with. At the time of...

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Cardano (ADA) Price Analysis: Risk of More Losses Below $2.20

ADA price started a sharp decline from the $3.00 zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.68 on the 4-hours chart (data feed via Bitfinex). The price could start another strong decline if it breaks the $2.20 support zone. Cardano price is facing many hurdles near $2.65 against the US Dollar, similar to bitcoin. ADA price must stay above...

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Ethereum Price Analysis: ETH Could Struggle Near $3,400

Ethereum price started a major decline from the $4,000 resistance against the US Dollar. ETH price is now trading below $3,500 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could extend its decline unless there is a clear break above the $3,400 resistance. Ethereum price is showing bearish signs below $3,500 against the US Dollar. ETH/USD could...

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