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Russia Is Looking to Issue Its Own Cryptocurrency

Following its recent invasion of Ukraine, Russia has been cut out of many of the world’s dealings and financial platforms. The nation has decided to take matters into its own hands and is now playing by its own rules, ultimately releasing a digital currency all its own called Sbercoin. Russia Is Pulling Back the Curtain on Sbercoin February saw Russia allegedly invading Ukraine following reports that it had over 150,000 troops stationed along its border. The move has...

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Bitcoin Cash Analysis: Bulls Looks Risky Below $350

Bitcoin cash price started a fresh decline from the $385 resistance against the US Dollar. The price is now trading below the $350 zone and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $370 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $325 support zone in the near term. Bitcoin cash price is struggling below $350 against the US...

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EOS Price Analysis: Bears In Control Below $2.60

EOS price started a major decline from the $3.00 resistance zone against the US Dollar. The price is now trading below $2.60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume decline if it stays below the $2.60 resistance zone. EOS price is showing bearish signs below $2.60 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Risk of More Losses To $100

Litecoin started a major decline from the $130 resistance against the US Dollar. LTC price is now trading below $120 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $124 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a move below the $110 level. Litecoin price is gaining bearish pace below $120 against the US Dollar, similar to bitcoin. LTC price...

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Solana (SOL) Price Analysis: Key Support Sits At $120

Solana price started a fresh increase above the $110.00 level against the US Dollar. The price is now trading above $110.00 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $123 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $132 to continue higher in the near term. Solano price is losing pace above $120 against the US Dollar, similar to bitcoin. SOL could extend decline...

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Facebook Isn’t Quite Ready to Give Up On Crypto

Facebook – following its failed run with Libra – appears to be looking to get back into the crypto game. The social media giant – which recently rebranded itself as “Meta” – has filed eight trademark applications for new features like crypto wallets, exchanges, and tokens relating to its famed “f” logo. Facebook and Crypto… Could It Actually Work? It appears six of the eight trademarks have to do with blockchain and crypto products or companies the company is investing...

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Los Angeles Man Offers Crypto Reward to Help Find His Attackers

A wealthy Los Angeles resident is hoping a cryptocurrency reward he’s offering will help lead to the arrest of two suspects that attacked him outside his apartment building while exiting his Lamborghini. A Los Angeles Man Is Using Crypto to Bring Justice to Criminals The victim – who remains anonymous at the time of writing – says he attributes his success in life to his work with a digital currency called Pablo Token. Right now, he serves as something of a financial...

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Elon Musk kauft Twitter und Dogecoin legt wieder zu

Der berühmte Unternehmer Elon Musk hat zu Beginn der Woche für einen Medien-Hype gesorgt. Er kaufte Twitter-Aktien in großem Stil. Als die Nachricht publik wurde, explodierte Dogecoin in der Hoffnung, Twitter könnte den Meme-Coin mit Musk’s Hilfe auf der Plattform implementieren. Crypto News: Elon Musk kauft Twitter und Dogecoin legt wieder zuDer Trend schaute für DOGE schon in der letzten Woche positiv aus, doch durch die Übernahme Twitters wurde dieser Trend weiter angeschoben. Über Nacht...

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Cardano (ADA) Price Analysis: Bulls In Control Above $1.1

ADA price started a strong increase above the $1.1 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $1.158. Cardano price is climbing above $1.15 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

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Ethereum Price Analysis: ETH Could Rally To $4K

Ethereum price started a fresh increase from the $3,200 support zone against the US Dollar. ETH price is now trading above $3,400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,420 on the 4-hours chart (data feed from Coinbase). The pair could continue to move up if it clears the $3,550 resistance zone. Ethereum price is gaining pace above $3,400 against the US Dollar. ETH/USD eyes more upsides if there is no...

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