Crypto news

EOS price is trading in a bearish zone below the $0.785 support against the US Dollar. The price is now trading near $0.760 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.770 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to rise toward the $0.78 and $0.80 resistance levels. EOS price is struggling below $0.80 against the US Dollar, like Bitcoin. The price...

Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 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 $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...

The decentralized blockchain infrastructure provider, Ankr, has teamed up with Matter Labs to launch dedicated zkSync Era Nodes and Hyperchain blockchain solutions on the Microsoft Azure Marketplace. The main objective is to promote Web3 development growth and enterprise adoption by providing a gateway that is readily accessible to blockchain infrastructure available to Azure’s customers. Ankr’s specialized solutions, coupled with zkSync Era’s scalable blockchain network, as...

Two separate whales each holding over 9 figures worth of crypto have transferred to holdings to exchanges over the past 24 hours. One whale owned an address that participated in Ethereum’s ICO back in 2014, and hadn’t moved his coins since. As revealed by the Twitter blockchain tracker Lookonchain, an Ethereum ICO participant moved 61,216 ETH worth $116 million to the crypto exchange Kraken on Tuesday. According to Etherscan, the address had zero other significant activity,...

Bloomberg crypto strategist Mike McGlone doesn’t believe that the worst days of bitcoin are behind it, and he says the world’s number one digital currency by market cap is likely to run into trouble again like it did in 2022. Mike McGlone on the Future of BTC That year was arguably the worst on record for bitcoin, with the asset losing as much as 70 percent of its value. The currency rose to a new all-time high in November of 2021 ($68,000), though a year later,...

The choppy market has caused severe headwinds for Bitcoin miners as the hash rate reaches new record highs. The rise comes ahead of the much anticipated halving event slated for next spring that is expected to catalyze the largest crypto asset’s price action. Recent data suggested that Bitcoin’s hash rate has increased by nearly 661% in the last two years. According to CryptoQuant CEO Ki Young Ju, such a feat demonstrates that the “network fundamentals are the strongest...

[unable to retrieve full-text content]CoinspeakerBlockchain Gaming Company Moxy Hosts Triple-Launch Event Featuring Token Sale and Influencer Battle The Battle of the Influencers tournament took center stage during the launch event. Blockchain Gaming Company Moxy Hosts Triple-Launch Event Featuring Token Sale and Influencer Battle

[unable to retrieve full-text content]CoinspeakerAnimoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push In his speech, Siu emphasizes the importance of fighting US hegemony and lowering reliance on the US dollar for countries such as China. Animoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push

Societe Generale’s crypto arm – SG Forge – announced acquiring a regulatory license approval as Digital Asset Service Provider from the French Financial Markets Authority (AMF). With it, SG Forge has become the first company to receive a license from France’s financial regulator as a digital asset provider. The DASP license represents the highest level of regulatory certification currently possible for digital asset activities. It is important to note that over 80 entities...

French Hill – a republican representative of Arkansas – is passionate about crypto, and he’s taking a leading role in ensuring the U.S. invokes appropriate crypto regulation in the coming future. French Hill and Digital Currency Hill is currently leading a discussion amongst House republicans on the uncertainty of crypto in the U.S. He also serves as the House Financial Services Committee’s vice chair and leads its Subcommittee on Digital Assets, Financial...