Tag Archives: Altcoin News

Tron price is trading in a bullish zone above the $0.0160 support area against the US Dollar.TRX price recently tested the $0.0180 resistance area before correcting lower.There is a major bullish trend line forming with support near $0.0160 on the 4-hours chart (data feed via Bitfinex).The current price action is positive, suggesting more upsides above $0.0170 in the near term.TRON price is showing a lot of positive signs against the US Dollar, similar to bitcoin. TRX price is likely to...

Ethereum price corrected lower recently and traded below the $170 support against the US Dollar.ETH price is currently trading above the key $161 and $159 support levels.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price is likely to start a fresh increase as long as it is above the $160 support.Ethereum price is trading in a strong uptrend above $160 against the US Dollar. ETH/USD is likely to revisit $178 and $180...

Mike Novogratz of Galaxy Digital is skeptical of the sudden altcoin rally that crypto enthusiasts have been witnessing over the past several days.Mike Novogratz: What the Heck Is Going On?A wide variety of cryptocurrencies – including Ethereum (ETH), Ripple’s XRP and bitcoin SV (BSV) – have all jumped over the past week, with bitcoin SV surging by as much as 99 percent. This likely stemmed from the news that Craig Wright was cooperating in the lawsuit against him by Ira Kleiman, who claimed...

Stellar lumen price is following a nice uptrend and it recently tested $0.066 against the US Dollar.XLM price corrected lower, but it remained well bid above the $0.0600 support area.There is a major bullish trend line forming with support near $0.0600 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above the $0.0660 and $0.0680 resistance levels.Stellar lumen price is trading with a bullish bias above $0.0600 against the US Dollar, similar to bitcoin. XLM is...

Ripple price started a major downside correction from close to $0.2550 resistance against the US dollar.The price declined below $0.2400, but it is still trading nicely above the $0.2260 support area.There is a key bullish trend line with support near $0.2265 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to bounce back above $0.2400 unless it breaks the $0.2200 support area.Ripple price is correcting gains from the $0.2540 high against the US Dollar....

Russian Prime Minister Mikhail Mishustin is looking to implement crypto taxes in his native land.Mishustin: Crypto Must Be TaxedIn a recent interview, Mishustin – a former director of tax agencies in Russia – has said that the country is more than likely to adopt a new crypto tax plan this coming spring. He states:I am convinced that it is necessary to tax such operations and to correctly assess any economic consequences of using cryptocurrencies.Many are thrilled about the addition of...

There is great fear traveling through the crypto space… Fear that somewhere down the line, bank-issued cryptocurrencies will somehow replace bitcoin and its altcoin counterparts.Will Bitcoin Be Replaced?But is that fear valid? We need to look at a few facts before we can make an official decision. For one thing, these cryptocurrencies issued by financial institutions will be centralized, meaning the banks will be in control of who receives the crypto units and what they can be used for. This...

Oh, President Maduro… You just can’t seem to take a hint. Why do you continue to push a currency that has yet to serve any serious purpose?Maduro To Force Planes to Use the PetroIn his latest chant of “the Petro is da bomb,” Venezuelan President Nicolas Maduro is going out on a limb and claiming that all Venezuelan airlines flying from the nation’s capital of Caracas must purchase their fuel using Petro funds.In a speech to the ruling Constituent Assembly, Maduro announced the following:I...

Bitcoin cash price started a downside correction from the $367 high against the US Dollar.The price found support near the $310 level and it is currently surging towards $360.There was a break above a key contracting triangle with resistance near $338 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to rise towards $375 if it clears the $350 resistance area.Bitcoin cash price is showing a lot of bullish signs above $320 against the US Dollar. BCH/USD...

Bitcoin is the world’s number one cryptocurrency by market cap. At the time of writing, it is trading for well over $8,700 and has been on a bull run since early January.Why Will Bitcoin Always Be at the Top?There is widespread speculation, however, that the currency may have reached its peak technology-wise. While the asset may be the top cryptocurrency in terms of size and age, there are several new altcoins that have entered the space allegedly capable of outperforming their...