Altcoins

The Australian Securities and Investment Commission (ASIC) is suing the Gold Coast-based digital currency Qoin. In court documents, the financial watchdog alleges that the crypto platform made either “false” or “misleading” representations when it marketed itself to roughly 80,000 traders. ASIC Is Eying Qoin Among the company’s statements that ASIC claims are untrue was one that Qoin could be traded for several other cryptocurrencies or for the Australian dollar via...

EOS price is still struggling below the $0.95 support against the US Dollar. The price is now trading above $0.90 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.890 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could might attempt to recover towards the $0.95 and $0.98 resistance levels. EOS price is struggling below $0.95 against the US Dollar, similar to bitcoin. The price...

Litecoin started a strong increase above $60 against the US Dollar. LTC price is now trading above $60 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $68 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could correct lower but dips might be limited below the $60 level. Litecoin price is rising steadily above $65 against the US Dollar, similar to bitcoin. LTC price could continue to move...

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Pushpendra Singh – the founding partner of wealth technology platform Centricity – has nothing against bitcoin and its altcoin cousins, but in a recent interview, he commented that traders and investors really need to be fully aware of the volatility and other problems that plague them. What Does Singh Think of Crypto? He says bitcoin and many other forms of crypto are likely to remain volatile and vulnerable to dramatic price swings that can appear out of nowhere. Singh...

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Solana price gained bearish momentum below the $20.00 level against the US Dollar. The price is now trading below $20 and the 55 simple moving average (4-hours). There was a break above a short-term bearish trend line with resistance near $12.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $15 resistance. Solana price is trading below $15 against the US Dollar, similar to bitcoin. SOL...

Si vous vous demandez ce qui lie l’affaire FTX et la COP27, c’est bien l’énergie dont le fonctionnement permet d’éclairer ce qui se passe. FTX a placé les avoirs en BTC de ses clients dans des altcoins PoS, c’est-à-dire émis sans contre-partie énergétique. Avant d’expliquer ce que ça signifie, revenons un instant sur le fonctionnement d’une plateforme d’échange. Un client X dépose des BTC sur une plateforme afin de les vendre à un...

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