CoinspeakerKuwait Authorities Impose Ban on Bitcoin and Other Virtual Asset Transactions The ban crypto transactions in Kuwait is reportedly part of a broader regulatory initiative that involves multiple supervisory authorities, including the Ministry of Commerce and Industry, the Central Bank of Kuwait, and the Insurance Regulatory Unit. Kuwait Authorities Impose Ban on Bitcoin and Other Virtual Asset Transactions
Read More »EOS Price Analysis: Key Uptrend Support Nearby
EOS price is trading in a bearish zone below the $0.785 support against the US Dollar. The price is now trading near $0.760 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.78 and $0.80 resistance levels. EOS price is struggling below $0.80 against the US Dollar, like Bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Risk of More Losses Below $90
Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 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 $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
CoinspeakerSociete Generale Secures First French Crypto License for Its Crypto Division FORGE This license will allow FORGE to serve institutional clients' needs for digital assets. The banking institution is the first to secure a license under France's new crypto rules. Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
Read More »XRP Futures Hit New Open Interest Record for 2023
CoinspeakerXRP Futures Hit New Open Interest Record for 2023 Open interest on XRP futures has set a new record over $1.1 billion as the community continues to celebrate Ripple's win against the SEC. XRP Futures Hit New Open Interest Record for 2023
Read More »Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years
CoinspeakerEthereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years Despite the general market sentiments, ETH has gained over 50% since the start of the year. Ethereum Whale Awakens: $116M Pre-Mined ETH Moved after 8 Years
Read More »Tron (TRX) Price Analysis: Indicators Suggest Fresh Rally To $0.085
Tron price started a fresh increase from the $0.0750 level against the US Dollar. TRX price is now trading above $0.0765 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.0792 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0808 resistance zone. TRON price started a fresh increase above $0.0750 against the US Dollar, similar to Bitcoin. TRX’s price could...
Read More »The US Will Become a ‘Highly Competitive Market’ Once it Embraces Crypto, Circle CEO Says
Jeremy Allaire – Chief Executive Officer of Circle – believes American regulators should open arms to the cryptocurrency industry to prevent falling behind other nations. He said the US government was among the first to propose recommendations regarding stablecoin regulation, adding that the White House, the Federal Reserve, and the Treasury Department are all focused on that mission. ‘The US may be Late to the Party’ In a recent interview, Allaire regretted that the...
Read More »Brad Garlinghouse: Ripple’s Battle with the SEC Will End Soon
Brad Garlinghouse – the CEO of leading crypto platform Ripple – is confident his company is going to put the Securities and Exchange Commission (SEC) in its place. Where Will Ripple Stand? Not long ago, the SEC announced its plans to sue Ripple and charge it with securities violations. This isn’t the first time something like this has happened. There have been many crypto companies over the years that have fallen victim to the financial agency, but many of them...
Read More »Celo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10%
CoinspeakerCelo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10% The Celo blockchain currently seeks to transition from an independent layer-1 blockchain to an Ethereum layer-2 solution. Celo Blockchain Preps to Transition to Ethereum Layer-2 Network as Token Jumps Nearly 10%
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