Tag Archives: Altcoin News

As Congress went back and forth regarding the latest $2 trillion stimulus package designed to help America out during these strenuous times, many lawmakers suggested the idea of a digital dollar to potentially get things moving in the right direction.The Digital Dollar Has Failed… Or Has It?The digital dollar would have been an extension of USD. Instead of receiving paper checks in the mail, American citizens would instead receive digital funds as a means of ensuring that they did not handle...

It’s been reported by some analysts that bitcoin demand is likely to go up in the coming weeks due to the current economic and market conditions, though some sources claim the opposite, and believe there will be a stronger desire for traditional financial services and institutions.Some Want Tradition Over BitcoinDuring the last few weeks, several traders sold off their bitcoin and crypto stashes along with their stocks, metals and other assets as a means of attaining cash. During times of...

Bitcoin cash price is currently recovering above the $200 resistance zone against the US Dollar.The price is showing positive signs above the $210 and $215 levels.There is a key bullish trend line forming with support near $224 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to surge higher if it clears the $240 and $244 resistance levels.Bitcoin cash price is trading in a positive zone above $200 against the US Dollar. BCH/USD is likely setting up for a...

EOS price is trading in a positive zone above the $2.150 support against the US Dollar.The price is likely to start a strong increase if it breaks $2.400 and $2.500.There is a key contracting triangle forming with resistance near $2.400 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The current price action is positive and suggesting more gains above $2.400 and $2.500.EOS price is slowly gaining bullish momentum above $2.200 against the US Dollar, similar to bitcoin. A...

Litecoin price is slowly recovering and trading above the $36.50 support against the US Dollar.LTC price is facing a strong resistance near the $41.00 area.There is a major contracting triangle forming with resistance near $40.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could either start a strong rally above $41.00 or it might dive towards $32.50.Litecoin price is likely preparing for the next major move against the US Dollar, similar to bitcoin. LTC price...

As Congress nears a deal on the economic stimulus package, the latest proposal has taken a crypto turn and is offering the notion of a potential digital dollar.Is a Digital Dollar Coming to the U.S.?Many countries, as of late, have brought up the idea of introducing a national digital currency for its citizens. China, for example, is arguably the biggest example, having divulged the secrets of its latest project in the digital yuan. The currency has stirred controversy among those who believe...

The crypto industry is looking alive again as bitcoin and several other coins surged on the news that Congress is close to reaching an economic stimulus package deal.Bitcoin Is Firing on All CylindersAt the time of writing, bitcoin has shot beyond the $6,600 mark – roughly $400 higher than where it stood yesterday, while all the top ten currencies in the crypto arena have shot up by anywhere between three and seven percent.Congress has been pushing a $1 trillion economic stimulus package that...

ADA price is currently consolidating in a tight range below the $0.0320 resistance against the US Dollar.The price is holding the key $0.0280 support level and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $0.0284 on the 4-hours chart (data feed via Kraken).The price could start a strong rise above the $0.0320 and $0.0340 resistance levels in the near term.Cardano price is making an attempt to rise above key hurdles against the US Dollar...

Tron price is currently rising and it is trading above the $0.0100 resistance against the US Dollar.TRX price is likely to surge if there is an upside break above the $0.0120 resistance.There is a key bearish trend line forming with resistance near $0.0115 on the 4-hours chart (data feed via Bitfinex).The price could dip a few points, but it is likely to find support near the $0.0105 level.TRON price is showing a few positive and recovery signs against the US Dollar, similar to bitcoin. TRX...

Ethereum price is gaining traction above the $120 and $125 resistance levels against the US Dollar.ETH price is likely to grind higher towards the $155 and $160 resistance levels.There is a major bearish trend line forming with resistance near $137 on the 4-hours chart (data feed from Coinbase).The price could correct lower, but dips remain well supported near the $122 and $120 levels.Ethereum price is showing positive signs above $135 against the US Dollar. ETH/USD must surpass $137 and $140...