Tag Archives: Altcoin News

Digital currency research firm Coin Metrics has released a new report claiming that bitcoin is beginning to lag when compared with the likes of competing altcoins such as Ethereum and Dogecoin. Coin Metrics: Altcoins Are Taking Over While bitcoin is still the world’s number one digital currency by market cap (it is currently trading for about $35,000 per unit), the asset has experienced some serious dips over the past month, while by contrast, Dogecoin and Ethereum have...

Crypto trading firm Coin Seed has decided to shut its doors for good following a lawsuit brought forth against it earlier in the year by New York Attorney General Letitia James. The company has been accused of fraudulent activity after moving customer funds without permission and for selling “worthless” tokens in what is alleged to have been a phony initial coin offering (ICO). Coin Seed Is Closing Down for Good In a statement, Del Davaasambuu – the CEO and co-founder of...

Bitcoin cash price is struggling to gain momentum above $650 and $700 against the US Dollar. The price is now trading well below $650 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $650 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline unless there is a clear break above $650 and $665. Bitcoin cash price is struggling to recover above $650 against the US...

EOS started a steady decline from the $7.50 and $7.00 resistance levels against the US Dollar. The price is currently trading well below $6.00 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $5.50 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $5.50 and $6.00 to start a strong increase in the near term. EOS price is struggling to recover above $6.00 against the US Dollar,...

Litecoin price started an upside correction from the $145 swing low against the US Dollar. LTC price is still trading well below $180 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $182 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could fail to clear the $180 resistance and start a fresh decline in the near term. Litecoin price is struggling to clear $180 and $185 against the US...

Tron price is trading in a bearish zone below the main $0.0800 resistance against the US Dollar. TRX price is now trading below $0.0750 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down unless there is a clear break above $0.0750 and $0.0850. TRON price is showing bearish signs below $0.0800 against the US Dollar,...

ADA price started a fresh decline after it failed to surpass $2.0 against the US Dollar. The price is now trading well below the $1.65 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $1.68 on the 4-hours chart (data feed via Bitfinex). The price is declining and it could even slide further below $1.40 in the coming sessions. Cardano price is struggling to hold gains above $1.50 against the US Dollar,...

Ethereum price failed to surpass $3,000 and started a fresh decline against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $2,780 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue lower towards $2,300 or even $2,000 in the near term. Ethereum price is slowly moving lower below $2,500 against the US Dollar. ETH/USD could extend...

Bitcoin cash price is facing a strong resistance near the $720 level against the US Dollar. The price is now trading just below $700 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $730 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could extend its decline below $650 if it remains below the $750 resistance zone. Bitcoin cash price is struggling to recover above $700 against the US...

EOS started a steady recovery wave above the $4.50 and $5.00 resistance levels against the US Dollar. The price is currently trading just above $6.00 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $6.30 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair must break $7.00 and $7.75 to start a strong increase in the near term. EOS price is showing a few positive signs above $6.00...