Altcoins

Tether has become the latest industry company to get involved with the ongoing saga revolving around FTX by freezing over 46 million USDT. The company said it had to comply with law enforcement agencies. All eyes in the crypto industry have been set on FTX for the past several days, ever since Binance decided to sell its entire FTT stash following some discrepancies with Alameda Research’s balance sheet. The turbulence in the following days included Binance agreeing to...

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EOS price started a fresh decline below the $1.00 support against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There was a break below a key bullish trend lien with support at $1.15 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.90 and $0.92 resistance levels. EOS price is struggling below $1.00 against the US Dollar, similar to bitcoin....

Litecoin started a major decline from the $75 resistance zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support at $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a recovery wave if it stays above the $48 support zone. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC price...