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Tag Archives: Altcoin News

Ethereum Price Analysis: ETH Could Recover To $1,900

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is eyeing an upside break above the $1,760 resistance against the US Dollar. ETH price is now trading above $1,720 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $1,725 on the 4-hour chart (data feed from Coinbase). The pair could...

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Ethereum Developers Propose to Increase Max Effective Balance from 32 ETH to 2048 ETH per Validator

The developers led by Mike Neuder opine that a validator set contraction has positive implications for the beacon chain decentralization roadmap, the current p2p layer, and the validators. The Ethereum (ETH) network is best described as art in development amid mainstream crypto and blockchain adoption. With the proof-of-stake (PoS) still young under the beacon chain, the Ethereum core developers continually engage each other on ways to help in the decentralization aspect. Moreover, the...

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JPMorgan: Hinman Documents Could Boost Ethereum and Improve Decentralization 

In a report published June 15, JPMorgan’s analyst Nikolaos Panigirtzoglou said that SEC officials were unsure of Ethereum’s legal status in 2018. Leading American financial services company JPMorgan has highlighted the significant impact of the release of the Hinman documents on Ethereum in an ongoing court case between the United States Securities and Exchange Commission (SEC) and blockchain firm Ripple Labs. According to reports, Hinman’s documents, which include emails tied to former...

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Stellar Lumen (XLM) Price Needs To Clear This To Start Recovery

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is struggling below the $0.0850 resistance zone against the US Dollar. XLM price is now trading below $0.0820 and the 55 simple moving average (4 hours). There is a crucial bearish trend line forming with resistance near $0.0812 on the 4-hour chart (data feed via Kraken). The pair could...

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Ripple Price Analysis: Bulls Aim Fresh Rally To $0.55

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a downside correction from the $0.5650 zone against the US dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There is a short-term rising channel forming with resistance near $0.500 on the 4-hour chart of the XRP/USD pair (data source from Kraken)....

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Bitcoin Cash Analysis: Bulls Eye Recovery To $115

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash is attempting a recovery wave above the $100 resistance against the US Dollar. The price is now trading below the $110 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $105 on the 4-hour chart of the BCH/USD pair (data feed from...

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US Prosecutors to Reduce Criminal Charges on FTX Founder SBF in October Trial

The DoJ prosecutors have eliminated five charges relating to fraud, conspiracy, and bribery initially levied against the disgraced FTX founder. In a court filing on Wednesday, June 14, prosecutors with the US Department of Justice (DoJ) told the district judge that they would be proceeding with eight charges in the trial levied against FTX founder Sam Bankman-Fried back in December 2022. The DoJ lawyers also cited a motion filed by SBF in the Bahamas wherein he argued that the 13 charges...

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EOS Price Analysis: Downtrend Intact Below $0.80

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price started a fresh decline below the $0.80 level against the US Dollar. The price is now trading below $0.750 and the 55 simple moving average (4 hours). There is a short-term bearish trend line forming with resistance near $0.675 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The...

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Litecoin (LTC) Price Analysis: Risk of More Losses Below $70

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin is showing bearish signs and trading below $80 against the US Dollar. LTC price is now trading below $78 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $80.60 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could...

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Horizen and Auros Join Forces to Drive Mass Adoption of EON and $ZEN Token

Auros, known for providing ample liquidity to exchanges and cryptocurrency projects through algorithmic trading and market-making, stated that they will provide the necessary liquidity to help achieve Horizen’s goals. On June 13th, Horizen, a leading layer 0 public blockchain, announced its strategic partnership with Auros, a global algorithmic trading and market-making firm, to boost the adoption of $ZEN while preparing for the launch of the EON ecosystem. According to Horizon’s...

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