Tag Archives: Altcoin News

ADA price is attempting a fresh increase above the $0.600 zone against the US Dollar. The price is now trading above $0.600 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.5980 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.6200 and $0.6350 levels. Cardano price is holding the $0.600 support against the US Dollar, like Bitcoin. ADA price could gain...

Ethereum price started a downside correction from the $2,350 resistance against the US Dollar. ETH price is now trading above $2,260 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support at $2,260 on the 4-hour chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $2,300 resistance zone. Ethereum price is declining below $2,300 against the US Dollar. ETH/USD remains at a risk of more...

Stellar lumen price is rising toward the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.1250 on the 4-hour chart (data feed via Kraken). The pair could extend its increase if it clears the $0.1280 and $0.1320 resistance levels. Stellar lumen price is trading above $0.1250 against the US Dollar, like bitcoin. XLM price must...

XRP price started a fresh decline from the $0.630 resistance against the US dollar. The price is now trading below $0.622 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.620 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.598 support zone. XRP price is struggling below $0.620 against the US Dollar, unlike Bitcoin. The price could...

According to analysts at Bitfinex, crypto is undoubtedly gaining more traction globally. Moreover, considering the current state of the crypto market, especially with asset prices, it appears that even more global acceptance is on the way for crypto. Bitfinex analysts have made a bold prediction about the number of users that we might expect to see in the crypto industry come 2024. Their prediction, which was detailed in a recent report suggests that the number of crypto users may be...

Polkadot, the blockchain interoperability platform, is entering the world of gaming through a strategic collaboration with Parity Technologies and Unity Games. This partnership facilitates Polkadot’s integration with the game engine that powers popular titles such as Pokémon Go and Call of Duty Mobile. Unity Games, a leading software development kit (SDK) provider for game developers, commands a substantial 60% share of the mobile gaming market. The collaboration involves Polkadot joining...

Bitcoin cash is eyeing a fresh increase above the $240 resistance against the US Dollar. The price is now trading above the $230 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $228 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $238 and $242 to start a fresh increase in the near term. Bitcoin cash price is consolidating gains above $230 against the US...

The partnership between Framework Ventures and Merit Circle will involve locking up BEAM tokens to receive USDC usable for investments. Gaming and metaverse-focused decentralized autonomous organization (DAO) Merit Circle has announced a partnership with San Francisco-based venture capital firm Framework Ventures. According to the announcement, Merit Circle’s collaboration with Framework will see the latter invest in Merit via BEAM tokens. After the acquisition, BEAM tokens will be sent...

In addition to the expected surge in crypto-related probes, the survey uncovered a noteworthy trend in the adoption of blockchain analytics tools.  According to a survey conducted by TRM Labs, 93% of law enforcement agencies worldwide are currently engaged in crypto training programs, with an overwhelming 99% expressing the urgent need to enhance their education to combat illegal activities within the industry effectively. The study titled “Tackling Crypto Crime” was carried out by an...

A court has frozen the assets of the Three Arrows Capital founders. The company owes $3.3 billion to creditors and filed for bankruptcy after the collapse of the Terra ecosystem last year. One of the most notable events in the crypto industry last year was the collapse of the Terra ecosystem. After Terra failed, many companies connected or exposed to it suffered losses as well. One of these was Three Arrows Capital which filed for bankruptcy in July 2022.  Now, about $1 billion in assets...