Sunday , May 19 2024
Home / Tag Archives: Altcoin News (page 302)

Tag Archives: Altcoin News

Matic Cryptocurrency Has Lost Two-Thirds of Its Value

Matic – an alleged competitor of bitcoin – has reportedly sunk into oblivion and lost most of its value in just a matter of minutes.Matic: One of the Space’s Biggest DroopsThis is something that many crypto enthusiasts get stuck dealing with in one way or another. After all, even mega currencies like bitcoin can fall unexpectedly. BTC dropped from more than $9,500 to about $8,100 in just a few minutes during late September following the dismal opening of Bakkt.However, what makes Matic unique...

Read More »

Bitcoin Cash Analysis: BCH Could Resume Its Decline

Bitcoin cash price is trading in a bearish zone below the $210 and $216 resistances against the US Dollar.The price is struggling to stay above the key $203 and $200 support levels.There is a major bearish trend line forming with resistance near $210 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could resume its decline if it breaks the $203 support area in the near term.Bitcoin cash price is following a bearish path below $210 against the US Dollar. BCH/USD must...

Read More »

EOS Price Analysis: Bears In Action, More Losses Likely

EOS price is declining and it recently traded below the $2.620 support against the US Dollar.The price is now trading above the $2.500 and $2.520 support levels.There is a major bearish trend line forming with resistance near $2.720 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to stay above $2.500 and it might test the $2.360 support.EOS price is slowly moving into a bearish zone against the US Dollar and bitcoin. The price is likely to struggle...

Read More »

Litecoin (LTC) Price Analysis: Primed For Downside Thrust

Litecoin price is sliding and it is now trading well below the $45.00 level against the US Dollar.LTC price is under pressure and it could struggle to recover above $44.00 and $45.00.There is a major bearish trend line forming with resistance near $44.80 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $42.80 and $42.50 levels in the near term.Litecoin price is showing a lot of bearish signs against the US Dollar and...

Read More »

Is Zcash (ZEC) a Total Failure? Crypto Influencers Disagree

Privacy coin attacked for "dumping on investors". Ethereum creator Vitalik Buterin - also an advisor for Zcash (ZEC) - says coin is exploring uncharted terrain. Market cap - but not coin price - up 40,000% since launch. Ethereum founder Vitalik Buterin leapt to the defence of privacy coin Zcash (ZEC) after a prominent crypto influencer branded it a “failure.” Zcash wields a market cap of over $250 million, and is the second highest capped privacy coin at time of writing, behind Monero...

Read More »

HEX: Crypto ‘Designed for 10,000x Returns’ is Destined for Failure

New cryptocurrency “Designed for 10,000x Returns” draws crypto community ire. Critics say the coin’s creator will hold 45% of the entire coin supply after the first year. Not a Ponzi, not a pyramid – a new breed of scam coin. A new cryptocurrency is attempting to pick up where BitConnect and OneCoin left off – enter HEX (formerly BitcoinHEX). According to the HEX.win website, HEX has been “designed for 10,000x returns”. While you ponder why your own favorite cryptocurrency wasn’t designed...

Read More »

Ethereum’s 96% Google Search Interest Plunge Has This Crucial Silver Lining

Ethereum’s search decline is slightly worse than Bitcoin’s. Roughly 96% of search interest originating from the United States has disappeared. A glance at ETH’s developer count reveals a silver lining for Ethereum. Nearly two years on from Ethereum’s all-time high, Google search interest for the No.1 altcoin has plunged 96%. Ethereum Popularity Nosedives Along with the ETH Price Search interest for the most well-known alternative to Bitcoin peaked during January 2018’s bull-run. The price...

Read More »

Cardano (ADA) Price Analysis: Signs of Bearish Continuation

ADA price declined steadily after it failed to surpass the $0.0400 resistance against the US Dollar.The price is slowly approaching the key $0.0355 support area.Earlier, there was a break below a key contracting triangle with support near $0.0382 on the 4-hours chart (data feed via Kraken).The price is under pressure and it seems like it could even struggle to hold the $0.0355 support.Cardano price is showing a lot of bearish signs against the US Dollar and bitcoin. ADA price is likely to...

Read More »

Aurus Will Issue a New Stable Coin Supported by Gold

Another gold-backed cryptocurrency is making its way onto the trading market. This time, the issuing company is Aurus, a digital currency startup that says it’s looking to “bridge the gap” between gold and crypto owners.Aurus: The Latest Gold Stablecoin MasterGold is widely considered a stable asset. Much like USD or other forms of fiat, gold is not known to go down in price or value during times of financial or economic strife. Thus, this new token – being that it’s backed by gold – would be...

Read More »

Tron (TRX) Price Analysis: Bears In Control, More Losses Likely

Tron price is currently trading well below the $0.0150 and $0.0155 resistances against the US Dollar.TRX price is struggling to stay above the main $0.0142 support area.There is a major bearish trend line forming with resistance near $0.0152 on the 4-hours chart (data feed via Bitfinex).The price remains at a risk of more losses towards the $0.0131 and $0.0130 support levels.TRON price is showing a few bearish signs against the US Dollar and bitcoin. TRX price could decline further towards...

Read More »