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XRP Struggling to Recover, is $0.5 in Sight? (Ripple Price Analysis)

XRP has continued to drop for more than a year after hitting its highest level at $1.96 in April 2021, which has disappointed holders. What are the main challenges? Technical Analysis By Grizzly The Daily Chart: Source: TradingViewThe price fluctuates within a triangle (marked yellow) on the daily timeframe, and the descending line that has accompanied it for more than 230 days has not been broken yet. The blue rectangle has made the top and bottom of the price movement. The...

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EOS Price Analysis: Fresh Increase If It Clears $2.35

EOS price started a fresh decline from the $2.90 resistance zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.32 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $2.35 resistance zone in the near term. EOS price is struggling below $2.50 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Face Uphill Task

Litecoin started a fresh decline from the $115 zone against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $102 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $102 and $105 in the near term. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price could...

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Studie bestätigt: Banking wird digital!

Obwohl Bankangelegenheiten keine Altersgrenzen kennen, zeigt die Studie, dass vor allem jüngere Nutzer gerne auf Neobanken und digitale Angebote zurückgreifen. Neobanken sind als Alternative besonders attraktiv für junge Menschen. Broker-Apps und Neobanken für das Smartphone zählen schon länger zur Grundausstattung für den modernen Bankweg. Vor allem junge Menschen finden das Angebot besonders attraktiv. Eine aktuelle deutsche Studie beweist, wie...

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Binance to launch Refugee Crypto Card for Ukrainians forced to leave Ukraine

Binance, the world’s leading cryptocurrency and blockchain infrastructure provider, has today launched the Binance Refugee Crypto Card for all current and new Binance users from Ukraine forced to move to EEA countries as a result of the war with Russia. The Binance card has been created in partnership with Contis. It will allow displaced Ukrainians to make or receive crypto payments and complete purchases at retailers in the EEA who accept card payments. “At such a difficult time for...

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US Congressman Could Face Charges for Promoting a Crypto Pump and Dump Scheme

Madison Cawthorn, a Republican congressman from North Carolina, has been accused of his involvement in a pump and dump crypto scheme dubbed Lets Go Brandon (LETSGO). According to a recent report by the Washington Examiner, several regulatory watchdogs have implicated Cawthorn in an alleged insider trading scheme involving the relatively short-lived crypto project. Let’s Gо Crypto Pump and Dump Scheme Let’s Go Brandon is a memecoin named after the chant mocking President Joe...

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El Salvador’s Bitcoin Adoption Is Yet to Capture the Local’s Interest (Study)

According to the American non-profit organization – the National Bureau of Economic Research (NBER) – the majority of El Salvadorans (60%) have not downloaded the Chivo Wallet (a feature that facilitates bitcoin transactions). Additionally, there have been almost no downloads since September 2021, when the country became the first nation to adopt the asset as legal tender. Bitcoin Adoption in El Salvador Not Progressing Last year, the Central American state made the headlines...

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Ukrainian Refugees Are Turning to the Lightning Network to Obtain Funds

Alena Vorobiova is a Ukrainian immigrant who says that bitcoin is a true savior. She recently had crypto transferred from the United States to her phone in Poland through what’s known as the Lightning Network. She received it very quickly, which proved useful given the lack of electronic banking in the area now that Russia has allegedly invaded Ukraine. The Lightning Network Is Being Put to Good Use The battle between Russia and Ukraine has been occurring for the past...

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Cuban Central Bank to Issue Licenses to Virtual Asset Service Providers

The Cuban central bank – the Banco Central de Cuba (BCC) – is all set to issue licenses for cryptocurrency and other virtual asset services providers (VASPs). The Gazette revealed that they will be for one year, with the option to be extended for one more. As per the resolution published in Official Gazette No. 43, BCC will grant licenses to national and foreign individual human beings and organizations. With the new system in place, BCC stated that the approved licenses will...

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Janet Yellen Really Wants to Regulate Crypto

Janet Yellen – the Treasury Secretary – is all up in arms about bitcoin and cryptocurrencies and is super eager to get them regulated. Janet Yellen Issues Her Stance on Crypto Her words come at a time when many of the world’s leading digital currencies are in the red. Bitcoin, for example, is down 15 percent from its March highs, while BNB is down nearly four percent. Ethereum is down nearly eight percent, and Solana and Cardarno are down about 14 and 13 percent...

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