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EOS Price Analysis: Risk of More Losses Below $0.8

EOS price is still struggling below the $0.95 support against the US Dollar. The price is now trading above $0.90 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.890 the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could might attempt to recover towards the $0.95 and $0.98 resistance levels. EOS price is struggling below $0.95 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Dips Turn Attractive Above $60

Litecoin started a strong increase above $60 against the US Dollar. LTC price is now trading above $60 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $68 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could correct lower but dips might be limited below the $60 level. Litecoin price is rising steadily above $65 against the US Dollar, similar to bitcoin. LTC price could continue to move...

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Cathie Wood Reiterates Her $1 Million Bitcoin Bet

Despite the FTX meltdown and the consecutive decline of the cryptocurrency market, the Founder and CEO of Ark Invest – Cathie Wood – stands by her prediction that bitcoin will skyrocket to $1 million by 2030. She also seems unfazed by the price crash of Grayscale’s Bitcoin Trust (GBTC) since her company purchased additional 176,945 shares. BTC Bull Regardless of the Reality The shocking collapse of the crypto exchange FTX deepened the problems in the crypto sector and...

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Beyond Bitcoin – El Salvador Wants to Create a Legal Framework for All Crypto Assets

The government of El Salvador presented a bill that could set comprehensive rules on the local crypto sector and regulate the operations of all digital asset providers in the country. The ruling body is also one step closer to issuing blockchain bonds that could aid the development of certain BTC endeavors in the Central American nation. The bear market has not changed the pro-bitcoin stance of President Nayib Bukele. He disclosed last week that El Salvador will purchase one...

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