Crypto news

Ethereum’s price has gradually declined over the past few weeks after being rejected from the psychological resistance level of $2,000 once more. However, there is a considerable chance to initiate a new bullish leg in the short term. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has recently demonstrated bearish price action. The 50-day moving average, located around the $1,900 mark, was broken to the downside after holding the mark for a...

Ripple’s price is currently correcting after a significant surge following the win against SEC. However, there is little reason for concern as there are multiple support levels nearby. Technical Analysis By: Edris XRP/USDT Daily Chart: Against USDT, the price has been constantly declining after being rejected from the $0.9 resistance level. The market is likely targeting the 50-day moving average around the $0.6 support level. The 200-day moving average trending near the $0.5...

CoinspeakerNikola’s CEO Michael Lohscheller Steps Down, Company Releases Q2 2023 Report Nikola's second-quarter results not only revealed insights into its financial situation but also demonstrated the company’s aggressive measures to strengthen its financial base.  Nikola’s CEO Michael Lohscheller Steps Down, Company Releases Q2 2023 Report

To say that the price action within the cryptocurrency market this week was underwhelming would be the understatement of the year. Most of the top altcoins are charting losses as Bitcoin’s price remains completely flat for the past seven days. In fact, Bitcoin’s volatility has been so insignificant that on a 10-day average, it’s about to become less than that of stocks and even gold. That’s right – the “highly volatile” Bitcoin that’s unpredictable and “risky” has seen less...

America’s largest cryptocurrency exchange Coinbase has submitted a motion to dismiss a lawsuit filed by the Securities and Exchange Commission (SEC). The motion, filed with the U.S. District Court for the Southern District of New York, argues that crypto assets are neither investment contracts nor securities and so fall outside the SEC’s delegated authority as set by Congress. Coinbase Seeks to Dismiss SEC Lawsuit Recall that the SEC sued Coinbase on June 6, a day after...

CoinspeakerPhilcoin – Human-Focused Blockchain Platform Backed by World Champions Philcoin is an exciting project seeking to make real, palpable, and positive changes in the world. Its philanthropic mission is multi-purpose oriented and aims to help as many people in need as possible. Philcoin – Human-Focused Blockchain Platform Backed by World Champions

A China-owned crypto mining facility could be built in the rural town of Vilonia, Arkansas, and the residents aren’t too happy about that. Will Vilonia Be a New Crypto Mining Hub? What’s odd is that the mining facility is controlled and owned by China, a country that not long ago decided crypto mining should be illegal due to the alleged harm it does to the atmosphere. The country announced that due to new “green” rules implemented by Beijing, all crypto mining...

In the midst of a lackluster price movement across the wider cryptocurrency market, XRP experienced an unusual downward trend. The cryptocurrency recently became the fifth-largest crypto by market cap owing to Ripple’s partial but impressive win against the US Securities and Exchange Commission (SEC). The asset even briefly surpassed BNB as the fourth-largest last month. After posting double-digit gains for quite some time, the bulls appear to have entered a phase of...

CoinspeakerGoogle-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7% Alphabet sold 90% of its Robinhood stake after the trading app announced a profit for the first time as a public company. Google-parent Alphabet Offloads 90% Stake in Robinhood, HOOD Shares Drop 7%

CoinspeakerBlock Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales One of the standout aspects of Block’s financial report is its strategic approach to Bitcoin investments. Block Inc’s Cash App Records 34% Surge in Q2 2023 Bitcoin Sales