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%
Read More »Cardano (ADA) Price Analysis: Key Uptrend Support Nearby At $0.30
ADA price is correcting gains from the $0.380 zone against the US Dollar. The price is now trading above $0.300 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.30 on the 4-hours chart (data feed via Coinbase). The price could start a fresh increase if it clears the $0.320 and $0.335 resistance levels. Cardano’s price is rising above $0.300 against the US Dollar, similar to Bitcoin. ADA price could resume...
Read More »Ethereum Price Analysis: ETH Could Resume Increase Above $1,950
Ethereum price is eyeing an upside break above the $1,950 resistance against the US Dollar. ETH price is now trading near $1,900 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $1,890 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $1,880 support zone. Ethereum price is consolidating above the $1,850 level against the US Dollar. ETH/USD could rise again if it...
Read More »Solana And Cardano Prices Slide But Launchpad XYZ Raises $1 Million
Major altcoins saw another strong correction as the global crypto market cap shrank by 0.5% over the past day. Solana plunged 4% over the past 24 hours, while Cardano fell close to 2% over the same period. The crypto market is facing a choppy week ahead as the threat of an SEC appeal against the recent Ripple ruling becomes more likely. Despite the bearish conditions, several tokens remain bullish due to their high utility. Launchpad XYZ is one such project that has recently...
Read More »Blockchain Company Nansen Engages in Massive Layoffs
Nansen – a blockchain data firm based in Singapore – has laid off about 50 people at the time of writing, suggesting the crypto winter is not fully over. Nansen Says Goodbye to Many Employees 2022 was marred by news of many large crypto firms and companies laying off employees. Big names like Gemini in New York and Coinbase joined the ranks, with the latter initially putting off plans to triple its workforce. Originally, Coinbase had the goal to become bigger than...
Read More »1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume
Coinspeaker1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume The activities in the 1INCH protocol are expected to remain high, particularly due to increased altcoin FOMO. 1inch Price Up Over 50% in Past Week amid Altcoins’ Recovery and Heightened Trading Volume
Read More »Gnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending
CoinspeakerGnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending Gnosis is keen on showcasing to the entire world how Web 3.0 can be used to bridge the gap between self-custodial crypto wallets and traditional payment methods. Gnosis Launches New Product Offerings to Aid Self-Custodial Crypto Spending
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