Crypto news

CoinspeakerApple Begins iPhone 15 Production Outside China Apple CEO Tim Cook is claiming that India simply offers a “huge opportunity”, so, the firm has been ramping up iPhone production in the region. Apple Begins iPhone 15 Production Outside China

EOS price started a fresh decline from the $0.730 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6720 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.672 and $0.700 resistance levels. EOS price is struggling below $0.700 against the US Dollar, unlike Bitcoin....

Litecoin is showing bearish signs and trading below $80 against the US Dollar. LTC price is now trading below $78 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $79.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $80 resistance zone. Litecoin price is struggling below $80 against the US Dollar, similar to Bitcoin. LTC price...

The Stellar Development Foundation (SDF) – the organization behind the Stellar network that facilitates cross-border transactions – announced becoming a minority investor in payments giant MoneyGram International. The latest investment is the first of its kind made from SDF’s treasury which includes a position on MGI’s Board of Directors. Denelle Dixon, SDF CEO and Executive Director, will occupy that role, according to the official announcement. Stellar x MoneyGram The...

On Wednesday, Shiba Inu (SHIB) developers appeared on stage at the Blockchain Futurist Conference in Toronto to discuss the “End Game” for Shibarium – the meme token’s metaverse and NFT-oriented layer 2 blockchain. The team said that the Shibarium mainnet has gone live, allowing developers to begin building apps on the blockchain. The ecosystem will include “Shibdentities,” a proof of personhood solution that lets users retain control of their data and privacy. Shibdentities...

Dante Disparte, the chief strategy officer and head of global policy of the second-largest stablecoin issuer Circle, has blasted crypto firms that create counterfeits of the U.S. dollar. According to a Bloomberg report, Disparte called for relevant federal legislation around stablecoins to protect consumers and prevent investors from companies with fake USD. Circle CSO Criticizes Firms That Counterfeit USD Disparte said the several bank failures in the U.S. earlier this year...

Updated filings show that former President Donald Trump owns $2.8 million worth of cryptocurrency in his Ethereum wallet – a far higher amount than disclosures from earlier this month appeared to suggest. The disclosures paint a different picture of Trump’s views on crypto than his public pronouncements about the asset class would seem to suggest. Trumps Crypto and NFT Earnings As submitted to the Office of Government Ethics, entry 24 under Trump’s “Employment Assets and...

The second-largest decentralized exchange on the newly released Base blockchain – RocketSwap – announced eliminating any existing high risks and vulnerabilities a day after sustaining a “brute force hack of the server” where the platform stored its private keys. The RocketSwap team confirmed relinquishing minting rights, which is part of its recovery plan. In a new update, the protocol said it has retained only low-risk rights to allocate new pools. The locked initial...

PayPal announced that it will temporarily suspend crypto purchases on its platform for its U.K. based users beginning in October. The move comes in response to evolving regulatory guidelines provided by the Financial Conduct Authority (FCA) – Britain’s chief market regulator. PayPal Pauses Crypto Buys Per an email received by certain U.K. users on Wednesday, the suspension will take effect on October 1, and is expected to last until early 2024. “Your crypto remains safe,”...

The cryptocurrency industry had a number of noteworthy events in the first half of 2023, reaffirming its status as a top global risk asset. Investors sought solutions to handle the highly unpredictable market and secure larger returns in the face of the hurdles offered by significant market changes. As a result, many people began trading high-leverage contracts, exposing themselves to potential liquidation and trading failures owing to a lack of experience and...