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Bitcoin Cash Analysis: Risk of More Losses Below $102

Bitcoin cash price started a fresh decline from the $112 zone against the US Dollar. The price is now trading below the $112 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $108 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a recovery wave if there is a clear move above the $110 and $112 levels. Bitcoin cash price is declining from the $112 zone against the US...

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EOS Price Analysis: Risk of More Losses Below $1

EOS price started a fresh decline below the $1.10 support 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 $1.05 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 $1.05 and $1.10 resistance levels. EOS price is struggling below $1.10 against the US Dollar, similar to bitcoin....

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Litecoin (LTC) Price Analysis: Bulls Struggle Below $52

Litecoin is facing a major resistance near the $52.00 zone against the US Dollar. LTC price is now trading below $52.50 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $51.65 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $52.00 and $52.50 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC...

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US Accuses Five Russians and Two Venezuelans of Smuggling Oil, Millitary Equipment Using Crypto

On October 19, the United States Department of Justice (DOJ) accused two Venezuelan citizens and five Russians of using cryptocurrencies to launder money for Russian oligarchs by selling oil barrels from sanctions-hit Venezuela. According to the press release, the defendants smuggled millions of barrels of oil to Russia and China, laundering “tens of millions of dollars.” They used crypto to launder part of the funds . Among the Russian defendants are Yury Orekhov, Artem Uss...

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