Tag Archives: Altcoin News

Following the death of Libra and what appeared to be a long-term crypto dream, Facebook – now known as Meta – is making another stab at crypto innovation with something called Zuck Bucks, the name of its latest form of digital currency. Will Zuck Bucks Help Facebook Make Money? Taking its label from the surname of Mark Zuckerberg, the billionaire behind Facebook’s creation, Zuck Bucks would be a centralized form of digital currency in that it would be directly controlled...

ADA price started a strong decline from the $1.24 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.00 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.920 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could accelerate...

Ethereum price started a fresh decline from the $3,300 zone against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down towards the $2,820 support zone in the near term. Ethereum price is gaining pace below $3,000 against the US Dollar. ETH/USD remains at a risk of...

CME Group in Chicago, one of the world’s largest derivative marketplaces, is working with CF Benchmarks, a leading provider of crypto benchmark indices, to unveil roughly 11 new crypto reference rates by April 25. CME Group Seeks to Permits Full Price Transparency The reference rates in question are not for tradable futures products. Instead, they will apply to a wide array of separate crypto networks such as bitcoin cash, Litecoin, Cosmos, Polygon, Solana, Stellar...

Stellar lumen price started a fresh decline from the $0.2400 resistance zone against the US Dollar. XLM price is now trading below $0.2120 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.2300 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1950 support. Stellar lumen price is trading in a bearish zone below $0.2120 against the US Dollar,...

Ripple price started a fresh decline from well above $0.8500 against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.7920 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.7320 support zone. Ripple price is struggling below $0.8000 against the US Dollar, similar to bitcoin. XRP...

The United Kingdom has announced it will soon be regulating stable coins and that it’s looking to broaden those regulations to include bitcoin and more standard versions of crypto in the future. The UK Is Planning to Regulate All Stable Coins Economic Secretary to the Treasury John Glen made the announcement in a recent speech at the Innovate Finance Global Summit. He commented: I can confirm that we will be legislating to bring certain stable coins into our payment...

Following its recent invasion of Ukraine, Russia has been cut out of many of the world’s dealings and financial platforms. The nation has decided to take matters into its own hands and is now playing by its own rules, ultimately releasing a digital currency all its own called Sbercoin. Russia Is Pulling Back the Curtain on Sbercoin February saw Russia allegedly invading Ukraine following reports that it had over 150,000 troops stationed along its border. The move has...

Bitcoin cash price started a fresh decline from the $385 resistance against the US Dollar. The price is now trading below the $350 zone and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $370 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $325 support zone in the near term. Bitcoin cash price is struggling below $350 against the US...

EOS price started a major decline from the $3.00 resistance zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.60 resistance zone. EOS price is showing bearish signs below $2.60 against the US Dollar, similar to...