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Tag Archives: Altcoin News

Bitcoin Cash Analysis: Bulls Struggle Below $400

Bitcoin cash price started a fresh increase from the $320 support against the US Dollar. The price is now trading above the $360 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $362 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $350 support zone. Bitcoin cash price is showing positive signs above $360 against the US...

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EOS Price Analysis: Rally Could Extend Above $3.20

EOS price started a fresh increase from the $2.20 zone against the US Dollar. The price is now trading above $2.80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $3.02 resistance zone. EOS price is showing positive signs above $2.80 against the US Dollar, similar to bitcoin. The price could...

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Litecoin (LTC) Price Analysis: Bulls Aim Rally Above $135

Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...

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Seven Men from Hong Kong Arrested Following Alleged Kidnapping of Crypto Trader

Seven members alleged to be members of the Hong Kong triad have been arrested in connection with the kidnapping of a cryptocurrency trader. The trader was held last year for ransom that amounted to roughly $3.8 million USD. Seven Hong Kong Men Are Now Facing Life Imprisonment The men have been arrested in mainland China and will be handed over to authorities in their native Hong Kong at the Shenzhen Bay border control point this week. Some of the suspects that were...

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Solana (SOL) Price Analysis: Rally Could Extend Above $115

Solana price started a fresh increase above the $100.00 level against the US Dollar. The price is now trading above $100.00 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $108 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 to continue higher in the near term. Solano price is gaining pace above $105 against the US Dollar, similar to bitcoin. SOL could extend gains if it...

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Vitalik Buterin Isn’t Crazy About NFTs

Vitalik Buterin – known for his role in creating Ethereum, the largest altcoin on the market and arguably bitcoin’s biggest competitor – isn’t a huge fan of non-fungible tokens or NFTs, as they’re called for short. In a recent interview, he warned against NFTs and claimed they were “dystopian.” Vitalik Buterin Doesn’t Like How Big NFTs Have Become Ethereum is largely responsible for giving way to NFTs. These tokens require smart contracts, which up to one point, was...

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Litecoin (LTC) Price Analysis: More Gains Possible Above $130

Litecoin is eyeing an upside break above the $130 resistance against the US Dollar. LTC price is now trading above $120 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $121 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $130 resistance zone. Litecoin price is gaining pace above $120 against the US Dollar, similar to bitcoin. LTC...

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Bitcoin Cash Analysis: $400 Presents Key Resistance

Bitcoin cash price started a fresh increase from the $280 support against the US Dollar. The price is now trading above the $350 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $330 support zone. Bitcoin cash price is showing positive signs above $350 against the US...

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Cardano (ADA) Price Analysis: Bulls Gain Strength above $1

ADA price started a strong increase above the $0.90 resistance against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.9900 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $0.9800. Cardano price is surging above $1.00 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

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Report: India Has No Plans for a Digital Rupee

Not long ago, it was reported that the Reserve Bank of India (RBI) was planning to not only regulate cryptocurrency, but it would also be unveiling a digital version of the rupee, the official currency for the nation. While nothing can be said about the regulation, it has been confirmed by the RBI that there are presently no plans to unleash a digital rupee. India Will Not Create a Digital Rupee After All The news was released by Minister of State for Finance Pankaj...

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