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Bitcoin Cash Analysis: Dips Turn Attractive Near $140

Bitcoin cash price started a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $140 zone and the 55 simple moving average (4-hours). There was a break above a key rising channel with resistance near $140 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $160 and $165 to continue higher in the near term. Bitcoin cash price is climbing above $140 against the US Dollar, similar to bitcoin....

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The EU Is Implementing New Crypto Regulations

The European Union (EU) has agreed to some new regulations for the crypto space. The EU Seeks to Regulate Crypto Under the new laws being implemented, a cryptocurrency company working in an EU-labeled country must obtain a license before operating. It will also need to implement certain safeguards to ensure customers and their money are safe from fraud and illicit actors. Up to this point, crypto companies were only required to show proof that they had barricades against...

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Nayib Bukele Just Bought Even More BTC

Not long ago, Live Bitcoin News published an article suggesting that Nayib Bukele – the bitcoin-supporting president of El Salvador – had lost his taste for crypto. He issued a tweet in response to a bitcoin-based inquiry that seemed kind of downtrodden, and many of us would understand why if that was the case. After all, the country has plunked more than $100 million into BTC, only to lose roughly 50 percent of the value initially gained due to the ongoing crypto...

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Ric Edelman on the Future of Crypto

Ric Edelman is the author of a new book called “The Truth About Crypto.” As a former financial adviser and wealth executive, Edelman sat down for an interview and offered his thoughts about what we can expect to see in the digital currency space in the coming years and months. Ric Edelman on Where Crypto Will Go Edelman started out by discussing the present crypto winter and what it means: A crypto winter refers to a major decline in the prices of bitcoin, Ethereum, and...

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EOS Price Analysis: Bulls Eye More Upsides

EOS price is gaining pace above the $1.20 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.12 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.15 and $1.12 support levels. EOS price is rising above $1.15 against the US Dollar, similar to bitcoin. The price could gain...

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Litecoin (LTC) Price Analysis: More Gains Possible Above $60

Litecoin is trading in a positive zone above $52 against the US Dollar. LTC price is now trading above $55 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $59 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $62 resistance zone. Litecoin price is rising above $58 against the US Dollar, similar to bitcoin. LTC price could continue to...

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New York Governor Seeks to Close Bitcoin Mining Firm

Kathy Hochul – the governor of New York – and her administration is moving to shut down a crypto mining operation in the Finger Lakes, claiming it is creating too much pollution. New York Has Suddenly Become So Anti-Crypto In a recent statement, DEC commissioner Basil Seggos explained: We are applying a new law to a new operation which had significant increases in emissions, almost tripling emissions. The company itself was unable to demonstrate that it could come into...

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Mike Novogratz Bashed for Linking BTC to Roe V. Wade

Bitcoin bull and hedge fund gazillionaire Mike Novogratz stirred controversy on social media when he used the recent Supreme Court decision to repeal Roe v. Wade to promote bitcoin. Mike Novogratz Takes Political Flak The decision – which occurred just a few weeks ago in late June – led to heavy protests on the left side of the political spectrum and cheering on the right. The repeal of Roe v. Wade severely limits one’s access to abortion rights in the United States...

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Crypto Fund Three Arrows Capital Forced to Liquidate

In late June, bitcoin briefly sank below the $19,000 mark again for the first time in several weeks following news that Three Arrows Capital – a cryptocurrency hedge fund – was being forced to liquidate. Three Arrows Capital Is Falling Apart The organization had been under suspicious eyes for some time. Not long ago, representatives of Three Arrows Capital swore that no liquidation was coming, claiming the following: We are in the process of communicating with relevant...

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LBank Exchange Will List Parex (PRX) on July 28, 2022

INTERNET CITY, DUBAI, Jul. 26, 2022 – LBank Exchange, a global digital asset trading platform, will list Parex (PRX) on July 28, 2022. For all users of LBank Exchange, the PRX/USDT trading pair will be officially available for trading at 16:00 (UTC+8) on July 28, 2022. As a DEX built for a vibrant decentralized future, Parex (PRX) stores and processes its data on open networks with verifiable integrity, delivers exceptional user experiences, and creates a high navigation...

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