Crypto news

[unable to retrieve full-text content]CoinspeakerRobinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit Robinhood had earlier motioned for the arguments against it to be completely dismissed. Robinhood Beats Investors Again as Appeal Court Upholds Earlier Rule in Meme Stock Trading Suit

[unable to retrieve full-text content]CoinspeakerHuawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges Despite the US sanctions and the current economic situation in China, Huawei has continued to innovate and diversify. Huawei Reports 3% Revenue Growth and Widened Profit Margin in H1 2023 amidst Sanctions Challenges

[Press Release – Austin, Texas, August 10th, 2023] The countdown to the first annual onXDC Live blockchain industry conference has begun. Taking center stage at the Long Center for the Performing Arts in Austin, Texas on August 25-26, this event will attract a diverse audience of blockchain enthusiasts. The onXDC Live conference will host luminaries, experts, and thought leaders from around the globe as they converge for two days of talks, workshops, and panel discussions....

[unable to retrieve full-text content]CoinspeakerDigital Currency Group (DCG) Files Motion to Dismiss Lawsuit by Gemini The DCG filing notes that Silbert and the company "played an insignificant role in the Gemini Earn program", and Gemini's allegations of fraudulent behavior don't hold merit. Digital Currency Group (DCG) Files Motion to Dismiss Lawsuit by Gemini

[unable to retrieve full-text content]CoinspeakerArgentina Launches Investigation into Worldcoin over Privacy Concerns Besides the criticism of its method and storage of data collection, the project has also been subject to scrutiny over its onboarding of early adopters. Argentina Launches Investigation into Worldcoin over Privacy Concerns

Bitcoin cash price started a fresh decline below the $250 zone against the US Dollar. The price is now trading below the $240 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $234 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $242 resistance zone. Bitcoin cash price is declining below the $242 zone against the US Dollar,...

EOS price started a fresh decline from the $0.775 zone against the US Dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.7190 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 $0.720 and $0.740 resistance levels. EOS price is struggling below $0.720 against the US Dollar, unlike...

Litecoin is showing bearish signs and trading below $90 against the US Dollar. LTC price is now trading below $85 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $83.80 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 $85 resistance zone. Litecoin price is struggling below $85 against the US Dollar, similar to Bitcoin. LTC price...

Jinwook Shin, CEO of cryptocurrency exchange Bitsonic, has been apprehended by South Korean law enforcement on August 7th. He is currently being investigated for allegedly embezzling investments and deposits from users of the exchange. According to the report by South Korean news agency Chosun Biz, Shin is being accused of fraudulently manipulating cryptocurrency prices and trading volume on Bitsonic, which led to the misappropriation of approximately 10 billion won ($7.5...

A group of customers of the once-prominent cryptocurrency exchange FTX has reportedly filed a lawsuit against the law firm Fenwick & West, insisting that it contributed to the alleged scam orchestrated by Sam Bankman-Fried (SBF) and the subsequent multi-billion losses it brought.  The former leader of the exchange has pleaded not guilty to the fraud charges against him. He currently lives with his family, awaiting the trial at the beginning of October, which will...