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Coinbase to Expand to Singapore as US SEC Denies Answerability

The firm also conducted a survey recently to asses the constructive stance of policymakers towards crypto and Web3 in Singapore. Crypto exchange Coinbase is looking into relocating to Singapore as the United States Securities and Exchange Commission rejects the company’s requests for regulatory clarity. The US SEC recently asked the judge to deny Coinbase’s bid to coerce the agency to answer Coinbase’s rulemaking petition. The petition was submitted last year asking for clarity on how...

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Tron (TRX) Price Analysis: More Gains Possible Above $0.072

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Tron price started a fresh increase from the $0.0672 level against the US Dollar. TRX price is now trading above $0.0700 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.0695 a major bullish trend line forming with support near $0.0685 on the...

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Apple VR/AR Headset Could Likely Launch in Early June & Spur Metaverse 

Ahead of its rumored June release, the Apple metaverse mixed-reality headset is touted to be an industry leader.  Reports suggest that the new Apple (NASDAQ: AAPL) virtual and augmented reality headset could fast-track the emergence of the metaverse. The consumer electronics giant is on course to release its highly-anticipated mixed-reality headset in the weeks ahead. Many believe the upcoming device could spur the metaverse sector as the first genuine metaverse-specific Apple product. In...

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Cardano (ADA) Price Analysis: Risk of Bearish Thrust Below $0.35

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up ADA price is gaining bearish momentum below the $0.388 support zone against the US Dollar. The price is now trading below $0.380 and the 55 simple moving average (4 hours). There is a short-term rising channel forming with resistance near $0.376 on the 4-hour chart (data feed via Coinbase). The price could...

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Ethereum Price Analysis: ETH Could Drop Below $1,700

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ethereum price is gaining bearish momentum below the $1,880 resistance against the US Dollar. ETH price is now trading below $1,850 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $1,820 on the 4-hour chart (data feed from Coinbase). The pair...

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Litecoin (LTC) on Bullish Run after Lightning Network Integration

Litecoin has been gaining some momentum since the start of the year with a focus on its next Halving event which is a few months away. Litecoin (LTC) is seeing a parabolic run through its price today as the protocol has unveiled a major milestone underpinning the network. As reported by several media today, Litecoin has also integrated the Lightning Network as it looks to leverage the ultimate scaling solution that has helped the Bitcoin network beat its congestion woes in recent times....

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Stellar Lumen (XLM) Price Turns Sell on Rallies Near $0.092

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is struggling below the $0.0950 resistance zone against the US Dollar. XLM price is now trading below $0.0920 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.0920 on the 4-hour chart (data feed via Kraken). The pair could start a...

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Ripple Price Analysis: XRP Could Face Hurdles Near 0.45

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a fresh decline from the $0.470 zone against the US dollar. The price is now trading below $0.450 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.440 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair...

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Tron’s Revenue in Q1, 2023 Surpassed $90M: Report

The Tron blockchain witnessed an increase in usage in the first quarter of 2023, according to a new report from market intelligence firm Messari. The market cap of its native token, TRX, was up by almost 20% QoQ. Despite the US Securities and Exchange Commission (SEC) announcing several lawsuits against Tron ecosystem tokens, the network activity remained mostly unfazed. Its total quarterly revenue climbed $90.04 million in Q1 2023, experiencing a 88% jump from its Q4 2022...

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PEPE Shoots Up 20% Daily, Bitcoin Flat at $27K (Weekend Watch)

Bitcoin tried its hand at taking down $27,000 yesterday but failed amid low weekend trading volumes and has remained relatively still. The altcoins are also lacking any substantial price moves, with ETH reclaiming $1,800 and BNB pumping above $310. Bitcoin Stays Flat The past several days didn’t go well for the primary cryptocurrency. It all started on Wednesday when the asset jumped from $27,500 to $28,400 in minutes after the US CPI numbers came out for April. Although BTC...

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