Bitcoin Struggles Below $46K, What Could Trigger Nasty Decline

Bitcoin price is consolidating below the $46,000 zone against the US Dollar. BTC could start a major decline if it breaks the $44,200 support zone in the near term. Bitcoin is facing a major resistance near $46,000 and $46,200 levels. The price is now trading well below $46,000 and the 100 hourly simple moving average. […]

Litecoin price analysis: LTC stable at $182, will bears strike again?

TL;DR Breakdown The Litecoin price analysis shows a price increase. Strong support is present at $175. Resistance is found at $184. The Litecoin price analysis reveals, LTC price movement is again taking a bullish color today. The LTC/USD pair price has reached $182 at the time of writing. After yesterday’s bullish activity of the first […]

Algorand price analysis: ALGO to retest $2.24 resistance before a new uptrend?

TL;DR Breakdown Algorand price analysis shows a bullish momentum. Strong support is present at $1.26. Resistance is present at $2.30. The Algorand price analysis reveals a bullish trend today. The ALGO/USD price level has reached the mark of $2.14 again after getting rejected from $2.30, which is the current resistance. The ALGO gained a value […]

Despite ‘disastrous rollout’ Bitcoin could help El Salvador become a developed nation

Sun soaked beaches, crisp blue waters, and Bitcoin, El Zonte was nicknamed “Bitcoin Beach,”  before Bitcoin became legal tender in El Salvador. The beach town provided a glimpse of what El Salvador could look like after the top cryptocurrency became legal tender. Post-launch, investment expert Anthony Pompliano spoke to Bitcoin Beach director, Mike Peterson, to investigate […]

Cardano tops ‘commits leader-board’ prior to upcoming Alonzo hadfork

As Cardano is readies for the Alonzo hardfork, it has already beaten its competition with the most average commits per month (CPM) in the past year. Outlier Ventures’ report pointed out a 24% growth in Cardano’s commits compared to the previous 12-month period. While it ranked number one on average commits, Cardano was also “555% […]

Bitcoin price analysis: BTC rejected at $46,000, what’s next?

TL:DR Breakdown Bitcoin price analysis suggests sideways movement above $44,000 The closest support level lies at $45,000 BTC faces resistance at the $46,000 mark The Bitcoin price analysis shows that after dropping to the $44,000 mark, BTC has made a strong recovery above the $44,000 support. Since then, the price has remained above the mark […]

$300M incentive program backs 100% rally in Harmony (ONE) price

Protocol and community development initiatives have become the latest trend in the cryptocurrency market after a number of projects have launched multi-million dollar funds aimed at enticing builders and investors to make the cross-chain migration into the layer-2 ecosystem. The latest project to capitalize on this trend is Harmony (ONE), a blockchain protocol that boasts […]

South Korea braces to curb ‘sharp increase’ in illegal, crypto-linked activities

The time period given to South Korean cryptocurrency exchanges, for registering with the required authorities is almost over. As per the country’s Financial Intelligence Unit, it was looking closely at the exchanges on the verge of a shutdown. The Financial Intelligence Unit is a part of the country’s financial regulatory body, the Financial Services Commission. […]

Honduras plans to enter the cryptocurrency market by launching its stable coin

TL;DR Breakdown • The BCH wants to follow the plan that governments like El Salvador have implemented on cryptos.• Honduras tries to create a solid bill to make cryptocurrency trading great. Among the latest news, the banking entities of Honduras and Guatemala have announced that they may accept the cryptocurrency trade. Both governments have agreed […]