Bitcoin cash price started a fresh decline below the $125 zone against the US Dollar. The price is now trading below the $120 zone and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $120 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $120 resistance zone. Bitcoin cash price is declining below the $125 zone against the US Dollar, similar...
Read More »The SEC’s Case Against Ripple Could Result in a Massive Win for the Crypto Company
XRP – the native digital token of crypto firm Ripple – experienced a sharp price hike in late March after several investors and fans felt they had reason to believe Ripple could potentially win its ongoing court case with the Securities and Exchange Commission (SEC). Could Ripple Beat the SEC? The SEC has made a habit out of attacking virtually every single digital currency company over the last six or seven years. The agency is going after every firm that took part in...
Read More »Meme Coins that Are to Change Your Mind on Crypto Investing
Meme coins may be fun, but it’s obviously not just that. Tokens such as Dogecoin and Shiba Inu are clear proof that this kind of asset can have real gain potential Crypto investing has long been all about Bitcoin and Ethereum, but have you ever considered diversifying your portfolio? There are so many alternatives to these big-name cryptocurrencies that it’s hard to choose something, but let’s take it easy. We’ll focus on a specific type of digital coin that has managed to catch investors’...
Read More »CoinList Set to List SUI as Mainnet Launch Date Approaches
The Sui Network is adjudged to be a protocol that makes digital asset ownership fast, private, secure, and accessible to everyone. American token launchpad and trading platform CoinList is set to list SUI, the native token of the much anticipated Sui Blockchain network. As announced by the trading platform, the listing will take place on May 3 which will coincide with the scheduled date that the Sui network will be launching its mainnet. “Our mission at CoinList is to empower builders at...
Read More »EOS Price Analysis: Bears In Control Below $1.10
EOS price started a fresh decline below the $1.20 level against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1.080 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 $1.08 and $1.10 resistance levels. EOS price is struggling below $1.12 against the US Dollar, unlike Bitcoin. The price...
Read More »Litecoin (LTC) Price Analysis: Bulls Face Uphill Task Near $92
Litecoin started a fresh decline below the $92 zone against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $96 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $92 resistance zone. Litecoin price is struggling below $92 against the US Dollar, similar to Bitcoin. LTC price could continue...
Read More »The SEC Targets Tron in Latest Crypto Case
The Securities and Exchange Commission (SEC) is going after Justin Sun of Tron fame and a wide array of celebrities he hired to at one point, serve either as promoters or brand ambassadors for the company. The SEC Is Going After Tron At the time of writing, securities fraud charges have been filed against Tron, the famed crypto company. In addition, several well-known figures – including musician Lindsay Lohan and internet personality Jake Paul – have been caught up in...
Read More »Former Coinbase Employee Guilty of Insider Trading Wants to Limit Jail Term to 10 Months
Ishan Wahi has cited reasons such as “modest, law-abiding and admirable life” and mental health for the court to consider a jail term no more than 10 months. In the latest court filing, crypto exchange Coinbase former product manager Ishan Wahi, who’s guilty of insider trading, has asked for a jail term of no more than 10 months. The lawyers representing Wahi have made an appeal to the court in their recent filings. First-Ever Insider Crypto Trading Case Wahi pleaded guilty to the...
Read More »Tron (TRX) Price Analysis: Bulls Aim For Key Bullish Break
Tron price started a fresh increase from the $0.0625 level against the US Dollar. TRX price is now trading near $0.0660 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0672 resistance zone. TRON price started a fresh increase above $0.0625 against the US Dollar, similar to Bitcoin. TRX’s price could rise...
Read More »UBS Stock Falls 2% after Record of Slump in Q1 2023 Net Profit
The turmoil in the banking ecosystem from the United States as it concerns Silicon Valley Bank (SVB) stirred a ripple effect that was felt in Switzerland. The shares of Swiss multinational banking giant UBS Group AG (SWX: UBSG) are seeing a mild slump today after the firm revealed that its net profit for the first quarter took a significant hit. While still largely profitable, UBS said the net profit for the quarter dropped by 52% over the past year to $1.03 billion. UBS said the drop in...
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