Tag Archives: Altcoin News

The crypto firm known as the Avalanche Foundation has set aside roughly $50 million to buy new tokenized assets that have been created on its layer-1 blockchain. Avalanche Has Big Tokenization Plans This inherently created a new division for the company known as Avalanche Vista, which will seek to establish the value of future tokenization in sectors such as equity, credit, commodities, and real estate. John Wu – the president of Ava Labs, the company that...

ADA price is trading in a bearish zone below the $0.265 support zone against the US Dollar. The price is now trading below $0.260 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.258 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.265 resistance zone. Cardano price is struggling below $0.265 against the US Dollar, similar to Bitcoin. ADA...

Ethereum price is struggling below the $1,650 resistance against the US Dollar. ETH price is now trading below $1,660 and the 55 simple moving average (4 hours). There is a connecting bearish trend line forming with resistance near $1,650 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,650 and $1,660. Ethereum price is declining below $1,660 against the US Dollar. ETH/USD remains at a risk of more downsides...

Not long ago, Sam Altman – the man who created the now infamous AI tool Chat GPT (which is designed to create content) – announced he was bringing a new digital currency called World Coin to the financial stage. The asset is now available for trading and has surged in price by more than 98 percent, thus jumping beyond the $3 mark. World Coin is Here Prior to its release, World Coin managed to garner more than $100 million in new funding from companies like...

Stellar lumen price is attempting a fresh increase from the $0.115 zone against the US Dollar. XLM price is now trading above $0.120 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.120 on the 4-hour chart (data feed via Kraken). The pair could start a decent increase if there is a clear move above the $0.1285 resistance zone. Stellar lumen price is trading above $0.120 against the US Dollar,...

Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading below $0.520 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5120 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could start another decline if it stays below $0.535 and $0.550. Ripple price is struggling below $0.550 against the US Dollar, like Bitcoin. XRP price must...

What is the role of EOS in the blockchain and crypto arenas? EOS: Is It as Strong as It Claims to Be? Not long ago, a roundtable was hosted by anchor Rob Nelson, who oversaw a discussion between many key industry players. EOS has often been touted as an “Ethereum killer.” In other words, it’s hyped up to be just as good as Ethereum if not better in some ways, and there are many industry analysts out there who claim it – along with other competing networks like...

Bitcoin cash price started a downside correction from the $230 zone against the US Dollar. The price is now trading above the $195 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $208 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $200 and $195 support levels. Bitcoin cash price is declining from the $230 zone against the...

Aside from dismissing the case against Uniswap, the judge also classified popular cryptocurrencies Ether (ETH) and Bitcoin (BTC) as commodities. United States District Judge Katherine Polk Failla has dismissed with prejudice the class action suit against the decentralized exchange Uniswap. Recall that in April 2022, six former investors on Uniswap filed a suit against the exchange for allowing scam tokens on its platform. The individuals claimed to have bought scam tokens EthereumMax...

EOS price is eyeing a fresh increase from the $0.550 support against the US Dollar. The price is now trading above $0.60 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.580 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.68 and $0.70 resistance levels. EOS price is recovering above $0.60 against the US Dollar, like Bitcoin. The...