While some Democrats have been criticized for their regulatory stance on cryptocurrencies, it is essential to recognize that not all members of the party hold an anti-crypto position. In recent years, the world of crypto has grown in popularity, particularly among the younger population and the US Democratic Party’s stance on crypto regulations in recent times has raised concerns among influential figures in the industry. Cameron Winklevoss, the co-founder of the crypto exchange Gemini,...
Read More »Stellar Lumen (XLM) Price Faces Uphill Task Near $0.086
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Stellar lumen price is struggling below the $0.0880 resistance zone against the US Dollar. XLM price is now trading below $0.0880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.0855 on the 4-hour chart (data feed via Kraken). The pair could start...
Read More »Ripple Price Analysis: Fresh Rally Possible Above $0.54
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price started a downside correction from the $0.5450 zone against the US dollar. The price is now trading below $0.520 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.530 on the 4-hours chart of the XRP/USD pair (data source from Kraken). The...
Read More »Bitcoin Cash Analysis: Bulls Struggle Below $120
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin cash price started a fresh decline from the $117 zone against the US Dollar. The price is now trading below the $115 zone and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $112.50 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase)....
Read More »Binance Chief Changpeng Zhao Summoned at Malta Address, Says Won’t Have to Appear
The filing by the SEC cites Binance’s operations in Malta with CZ noting that he won’t have to appear in person. As per the lawsuit filed by the US Securities and Exchange Commission (SEC), Binance chief Changpeng Zhao has been summoned to Malta. The SEC has accused the exchange of indulging in shady activities in Malta between 2018 and 2019. Binance chief Zhao cleared the air stating that he won’t need to appear in person to address the summons. “I was told this is just part of the...
Read More »Binance US Removes Selected Trading Pairs Amid SEC Allegations
Binance is also pausing its OTC Trading Portal services in the US. The exchange said that it will notify users if and when the portal opens in the coming weeks and months. The US arm of top crypto exchange Binance has removed 10 advanced trading pairs from its platform. In an announcement, the exchange said it would let go of select BTC and BUSD Advanced Trading pairs by 9 am PDT on June 8, 2023. Notably, the company earlier planned to eliminate over 100 crypto assets. The initial...
Read More »EOS Price Analysis: Signs of Fresh Increase Toward $0.95
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price is trading in a bearish zone below the $0.90 support against the US Dollar. The price is now trading below $0.89 and the 55 simple moving average (4 hours). There is a key bullish trend line forming with support near $0.8760 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair...
Read More »Litecoin (LTC) Price Analysis: Bulls Continue to Struggle Near $92
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a steady increase above $85 against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $91.65 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish...
Read More »Kim Kardashian EMAX Case Proceeds as California Judge Rejects Motion to Dismiss
Judge Fitzgerald reject arguments from Kim Kardashian and Paul Pierce’s lawyers to dismiss the EMAX class-action lawsuit. A California judge has ruled that Reality TV star and businesswoman Kim Kardashian posted false information on social media while promoting EthereumMax (EMAX). The ruling allows the plaintiffs to proceed with the case against the media personality, retired boxer Floyd Mayweather Jr., and NBA Hall of Famer Paul Pierce. Kardashian’s attorneys had moved to dismiss the...
Read More »Robinhood Scrutinizing Tokens Designated as Securities by SEC
Crypto market prices have tumbled significantly since the news began to make rounds. Altcoins like Solana (SOL), Cardano (ADA), Polygon (MATIC) and many other tokens face the possibility of being delisted from Robinhood Markets Inc (NASDAQ: HOOD), after the United States Securities and Exchange Commission (SEC) charged Binance and Coinbase Global inc (NASDAQ: COIN) for trading unregistered securities. At present, Robinhood is taking another look at the digital assets offerings on its...
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