Tag Archives: Altcoin News

Bitwise Asset Management is unveiling its new Bitwise Ten Crypto Index Fund (BITW). The platform is designed to be an open-ended trust for new investors considering cryptocurrency exposure.Bitwise Is At It AgainBitwise has always been at the center of the world’s crypto arena. The company was widely regarded as the frontrunner to garner approval from the U.S. Securities and Exchange Commission (SEC) when it came to getting a bitcoin or cryptocurrency exchange-traded fund (ETF) established,...

Tron price is holding the key $0.0275 support zone against the US Dollar.TRX price is now facing resistance near $0.0296, but it is above the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.0292 on the 4-hours chart (data feed via Bitfinex).The pair could accelerate higher once it clears the $0.0295 and $0.0300 resistance levels in the near term.TRON price is slowly recovering above $0.0280 against the US Dollar, while bitcoin is...

ADA price started a fresh increase above the $0.1400 and $0.1500 resistance levels against the US Dollar.The price is now trading below the $0.1500 level and the 55 simple moving average (4-hours).There was a break above a major bearish trend line with resistance near $0.1460 on the 4-hours chart (data feed via Kraken).The price could accelerate higher once there is a clear break above the $0.1600 resistance.Cardano price is showing a few bullish signs below $0.1500 against the US Dollar,...

Ethereum price started a fresh increase above $570 and $580 against the US Dollar.ETH price is currently trading above the $585 pivot and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $570 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards the $608 and $622 resistance levels.Ethereum price is slowly gaining pace above $580 against the US Dollar. ETH/USD is likely remain in a positive...

Stellar lumen price started a fresh increase from the $0.1500 support zone against the US Dollar.XLM price broke the $0.1650 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $0.1640 on the 4-hours chart (data feed via Kraken).The pair could continue to rise if there is a clear break above the $0.1800 resistance zone.Stellar lumen price started a fresh increase above $0.1650 against the US Dollar, similar to...

Ripple price is struggling to clear the $0.5400 and $0.5500 resistance levels against the US dollar.The price is still above the $0.4800 support, but it is well below the 55 simple moving average (4-hours).There is a crucial bearish trend line forming with resistance near $0.5520 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could decline heavily if there is a clear break below the $0.4800 and $0.4750 support levels.Ripple price is showing bearish signs below...

Despite nearly two years of delays and several regulatory hurdles, Facebook’s Libra – now called Diem – is still looking to carve out a place for itself in the crypto space.Diem Is Still Trying to Move ForwardFacebook first entered the cryptocurrency environment in June of 2019, announcing that it was looking to establish a global payment system and unveil a new digital asset it was calling Libra that could potentially be utilized to purchase goods and services through the social media...

Bitcoin cash price started a fresh decline from well above the $280 support against the US Dollar.The price is now trading below the $270 level and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $268 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses if there is a break below the $254 support zone.Bitcoin cash price is facing an increase in selling below $280 against the US...

EOS started a strong decline below the $3.000 support zone against the US Dollar.The price is currently trading below the $2.900 pivot level and the 55 simple moving average (4-hours).There is a key bearish trend line forming with resistance near $2.840 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move down as long as it is below the $2.850 and $2.900 resistance levels.EOS price is facing a lot of hurdles on the upside near $2.900 against the...

Litecoin price started a fresh decline below the $82.00 and $80.00 levels against the US Dollar.LTC price traded close to the $72.00 level and settled below the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $83.20 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face hurdles near $78.40 and $80.00 in the near term and resume its decline.Litecoin price is currently trading in a bearish zone below...