Crypto news

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EOS price started a fresh decline from the $1.20 resistance against the US Dollar. The price is now trading just above $1.10 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $1.18 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 $1.10 and $1.12 resistance levels. EOS price is struggling below $1.20 against the US Dollar, similar...

Litecoin is facing a major resistance near the $55.00 zone against the US Dollar. LTC price is now trading below $53.50 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $53.20 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 $53.50 and $55.00 levels. Litecoin price is struggling below $5 against the US Dollar, similar to bitcoin. LTC...

The leading crypto asset manager Valkyrie Funds, is all set to liquidate one of the exchange-traded funds (ETFs) it manages. According to the official press release, the company plans to close its Valkyrie Balance Sheet Opportunities FUND (VBB), an investment product offering indirect exposure to BTC. The soon-to-be-delisted fund, under the ticker VBB, was first launched in December 2021 and granted exposure to the securities of US companies with Bitcoin on their balance...

Today marks the 13th anniversary of the very first Bitcoin trade ever conducted in exchange for U.S. dollars. On October 12th, 2009. Exactly 5050 BTC was traded for just $5.02. The transaction was conducted by Finnish developer Martti Malmi, who helped Satoshi Nakamoto work on Bitcoin in its early days. Before the trade, Bitcoin didn’t have any market price.  https://twitter.com/pete_rizzo_/status/1580139675682885633 As one of the oldest transactions, the transfer has been...

African cryptocurrency exchange Yellow Card wants to be big. So big, in fact, that after raising a whopping $40 million in a series B funding round, the company says that it’s looking to become the first African crypto “unicorn” the world has ever seen. Yellow Card Wants to Get Huge A unicorn is any company worth approximately $1 billion or more. One of the firms that took part in the series B funding round was Poly Chain Capital, headed by Will Wolf, who as a partner of...

The diminishing interest in NFTs and the plunge in trading volumes have severely affected the soccer star – Neymar Jr. – and the renowned rapper – Eminem in terms of their digital art purchases. At the beginning of the year, the Brazilian athlete purchased two digital collectibles part of the Bored Ape Yacht Club for over $1 million, while their current valuation is around $340,000. Eminem’s paper losses as of the moment are approximately $330,000. More Celebrities Affected...