Crypto news

After dropping to a monthly low over the past week, finally, the steep dive seems to be finding a local bottom. ETH saw a staggering 12% price increase over the past three days, touching a high of over $1600 as of yesterday (Wednesday). Could this end up in breaking out above the falling wedge, which is textbook bullish? Technical Analysis By Grizzly The Daily Chart The bottom line of the falling wedge pattern (in yellow) has already supported the price three times. This...

NFT collections may appear at first glance to be quite similar but a thorough investigation could determine important factors to get a clear idea of the potential of each NFT piece. That is why today we show you one of the platforms that is becoming more relevant at a time when the NFT industry is in full development. If you stay until the end you will discover all that this platform can offer you to enjoy the best tools when investing in the NFT industry! This is how...

EOS price started a fresh decline from the $1.95 resistance against the US Dollar. The price is now trading below $1.55 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.30 and $1.26 support levels. EOS price is declining below $1.55 against the US Dollar, similar to bitcoin....

INTERNET CITY, DUBAI, Aug. 31, 2022 – LBank Exchange, a global digital asset trading platform, has listed DIEGO (DIG) on August 31, 2022. For all users of LBank Exchange, the DIG/USDT trading pair is now officially available for trading. As an ethical financial platform that creates value, DIEGO (DIG) utilizes the power of blockchain technology to improve economic inequality, lead finance, and provide legitimacy through investment and use. It’s native token DIG has been...

INTERNET CITY, DUBAI, Aug. 31, 2022 – LBank Exchange, a global digital asset trading platform, will list Bitica Coin (BDCC) on September 1, 2022. For all users of LBank Exchange, the BDCC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on September 1, 2022. As a next generation smart contract and decentralized application platform, Bitica revolutionizes the crypto space by offering a variety of features, providing innovative tools and...

Litecoin started a fresh decline from well above the $60 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $55 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $58 against the US Dollar, similar to bitcoin. LTC price...

One of the tech giants in Indonesia – PT GoTo Gojek Tokopedia (known as GoTo) – reportedly acquired local cryptocurrency exchange PT Kripto Maksima Koin for 124.84 billion rupiahs ($8.4 million). The firm said that the agreement aligns with its goal to become “a diverse money management hub.” Despite the negative stance displayed by the country’s central bank and some local Islamic organizations, the digital asset sector has become quite popular among Indonesians. According...

Major stablecoin issuer Tether has refuted claims made in an earlier story by the Wall Street Journal (WSJ), stating that the publication discredited the company’s transparency efforts and questioned Tether’s profitability. The USDT issuer is no stranger to controversy, especially regarding questions surrounding its reserves. So far, the company has reduced its exposure to commercial paper holdings by 58%. Tether Planning to Release an Audit Soon In a statement released on...

Bitcoin’s hash rate is recovering fast – and it has the mining difficulty to prove it. The network’s latest difficulty adjustment rose the mathematical bar for mining a block by 9.26% – the largest increase since January. That’s the third adjustment in a row during which network difficulty has risen, despite a bear market that inflicted serious pain on the mining industry.  Bitcoin Remains Secure According to data from BTC.com, Bitcoin’s difficulty recovered to 30.98 trillion...

A woman in Mississippi has been sentenced to ten years in prison after she reportedly paid as much as $10K in bitcoin to a hitman she wanted to hire to kill her ex-husband. 40-year-old Jessica Leeann Sledge pled guilty to the crime last February. Jessica Sledge Heads to Jail Court documentation suggests she intended to hire the assassin between September 21 and November 1 of last year, and that she had used interstate commerce to engage in the transaction. Upon her...