Markets

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

EOS price started a fresh increase above the $0.92 resistance against the US Dollar. The price is now trading above $0.92 and the 55 simple moving average (4-hours). There was a break above a key rising channel with resistance near $0.955 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $0.99 and $1.00 resistance levels. EOS price is rising above $0.92 against the US Dollar, similar to bitcoin. The...

Litecoin started a strong increase above $70 against the US Dollar. LTC price is now trading above $80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $82.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair remains supported for more gains unless there is a clear move below $78. Litecoin price is rising steadily above $75 against the US Dollar, similar to bitcoin. LTC price could continue...

Binance US’ plan to acquire some of Voyager Digital’s assets for $1.02 billion is one step closer as the bankrupt crypto lender received initial court approval for its proposal. The United States District Judge Michael Wiles of the bankruptcy court for the Southern District of New York on January 10th approved Voyager to work out a purchase agreement with the crypto exchange and to solicit creditor votes on the sale. Uncertainty of the Deal According to the Reuters report,...

Indian crypto exchange WazirX released its proof-of-reserves (PoR) report disclosing its reserves-to-liability ratio of over 1:1. Alongside the paper, published by CoinGabbar, a third-party platform that tracks crypto assets, WazirX also made its wallet addresses, and list of exchanges available to the public. At press time, the Indian company had over $283 million of total user assets in the form of stablecoin USDT. Proof-of-Reserves WazirX, in a statement, highlighted that...

Crypto proponent and CEO of Galaxy Digital, Mike Novogratz, commented on the fiasco between two industry participants – Digital Currency Group (DCG) and Gemini – and how it will affect the entire market. The American investor noted that although the issue “isn’t good news” for the industry, it won’t involve massive selling that will affect crypto prices as it plays out over the next quarter. The DCG-Gemini Fiasco Recall that the DCG debacle started in the wake of FTX’s...

Ethereum’s price is on the verge of breaking out from a significant resistance level after testing it for quite a while. However, there are still some obstacles for the price to overcome in order for a new bullish phase to begin. Technical Analysis By: Edris The Daily Chart On the daily timeframe, the price is breaking above the key $1300 resistance level after finally surpassing the 50-day moving average. In case of a bullish breakout, the 200-day moving average found at...

In a hearing from today, a bankruptcy attorney said that FTX has managed to locate over $5 billion of assets. Per a CoinDesk report, the attorney said that they’ve managed to locate over $5 billion of cash and liquid assets. We have located over $5 billion of cash, liquid cryptocurrency, and liquid investment securities measured at petition date value. This number doesn’t include the $450 million in cryptocurrencies that are currently held by the Securities Commission of the...

The Swedish Financial Supervisory Authority registered the world’s largest cryptocurrency exchange – Binance – as a financial institution for management and trading in virtual currency in the Scandinavian country. This is the seventh EU nation where the platform has received such a license, with the previous six being Italy, France, Spain, Poland, Cyprus, and Lithuania. Binance announced that its Swedish subsidiary – Binance Nordics AB – obtained registration from the...

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.