CoinspeakerBitstamp to End Ethereum Staking for United States Customers Although the application of the Howey test to staking Ethereum and many other cryptocurrencies can be complex and subject to different legal interpretations, the SEC insists that staking qualifies as an investment contract under the Howey test. Bitstamp to End Ethereum Staking for United States Customers
Read More »Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?
CoinspeakerBitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue? All eyes are on the Fed's Jackson Hole meeting ahead this week as Fed Chair Jerome Powell is likely to announce interest rate hikes. Bitcoin and Crypto Market Bounce Back after Sell-Off, Will Recovery Continue?
Read More »EOS Price Analysis: Upsides Could Be Capped Near $0.625
EOS price started a fresh decline below the $0.625 zone against the US Dollar. The price is now trading below $0.610 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6145 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.615 and $0.625 resistance levels. EOS price is struggling below $0.615 against the US Dollar, unlike Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $72
Litecoin is showing bearish signs and trading below $75 against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $72 resistance zone. Litecoin price is struggling below $75 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Bitcoin Mining Difficulty Soars to New ATH amid BTC Price Dip
CoinspeakerBitcoin Mining Difficulty Soars to New ATH amid BTC Price Dip Recent data have left analysts optimistic about what the future holds for Bitcoin and the largest altcoin Ether (ETH). Bitcoin Mining Difficulty Soars to New ATH amid BTC Price Dip
Read More »XRP Relinquishes Post-SEC Victory Gains as Bears Prevail
CoinspeakerXRP Relinquishes Post-SEC Victory Gains as Bears Prevail Amidst the legal battle and regulatory scrutiny, July 2023 witnessed a seismic shift in the narrative surrounding the case. XRP Relinquishes Post-SEC Victory Gains as Bears Prevail
Read More »Tron (TRX) Price Analysis: Bulls Aim Fresh Increase To $0.080
Tron price started a fresh increase from the $0.0715 level against the US Dollar. TRX price is now trading above $0.0750 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0758 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0760 resistance zone. TRON price started a fresh increase above $0.0735 against the US Dollar, similar to Bitcoin. TRX’s...
Read More »Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.25
ADA price is gaining bearish momentum below the $0.280 support zone against the US Dollar. The price is now trading below $0.275 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.2750 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.275 resistance zone. Cardano price is struggling below $0.280 against the US Dollar, similar to Bitcoin. ADA...
Read More »Ethereum Price Analysis: ETH Signals Downtrend Below $1,700
Ethereum price is struggling below the $1,800 resistance against the US Dollar. ETH price is now trading below $1,780 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $1,690 on the 4-hour chart (data feed from Coinbase). The pair could continue to move down if it stays below $1,690 and $1,700. Ethereum price is declining below $1,700 against the US Dollar. ETH/USD remains at a risk of more downsides below...
Read More »Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
CoinspeakerEthereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address While there is still no word from Vitalik Buterin, the Ethereum co-founder's ETH move connects with a poor market and possible ETH ETF. Ethereum Creator Vitalik Buterin Has Deposited $1 Million Worth of ETH in a Coinbase Address
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