Tag Archives: Altcoin News

Litecoin started a fresh decline below the $92 zone against the US Dollar. LTC price is now trading below $92 and the 55 simple moving average (4 hours). There was a break below a key rising channel with support near $96 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $92 resistance zone. Litecoin price is struggling below $92 against the US Dollar, similar to Bitcoin. LTC price could continue...

The Securities and Exchange Commission (SEC) is going after Justin Sun of Tron fame and a wide array of celebrities he hired to at one point, serve either as promoters or brand ambassadors for the company. The SEC Is Going After Tron At the time of writing, securities fraud charges have been filed against Tron, the famed crypto company. In addition, several well-known figures – including musician Lindsay Lohan and internet personality Jake Paul – have been caught up in...

Ishan Wahi has cited reasons such as “modest, law-abiding and admirable life” and mental health for the court to consider a jail term no more than 10 months. In the latest court filing, crypto exchange Coinbase former product manager Ishan Wahi, who’s guilty of insider trading, has asked for a jail term of no more than 10 months. The lawyers representing Wahi have made an appeal to the court in their recent filings. First-Ever Insider Crypto Trading Case Wahi pleaded guilty to the...

Tron price started a fresh increase from the $0.0625 level against the US Dollar. TRX price is now trading near $0.0660 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.0665 on the 4-hours chart (data feed via Kraken). The pair could continue to move up if it breaks the $0.0672 resistance zone. TRON price started a fresh increase above $0.0625 against the US Dollar, similar to Bitcoin. TRX’s price could rise...

The turmoil in the banking ecosystem from the United States as it concerns Silicon Valley Bank (SVB) stirred a ripple effect that was felt in Switzerland. The shares of Swiss multinational banking giant UBS Group AG (SWX: UBSG) are seeing a mild slump today after the firm revealed that its net profit for the first quarter took a significant hit. While still largely profitable, UBS said the net profit for the quarter dropped by 52% over the past year to $1.03 billion. UBS said the drop in...

ADA price is trading in a bearish zone below the $0.42 support zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.3850 on the 4-hour chart (data feed via Coinbase). The price could continue to move down if it stays below the $0.40 resistance zone. Cardano price is struggling below $0.40 against the US Dollar, similar to Bitcoin. ADA price could...

Ethereum price is struggling to recover above the $1,900 resistance against the US Dollar. ETH price is now trading below $1,900 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,850 on the 4-hour chart (data feed from Coinbase). The pair could recover, but it is likely to face sellers near the $1,950 resistance zone. Ethereum price is declining below $1,900 against the US Dollar. ETH/USD remains at a risk of...

Do Kwon’s lawyers indicated that Coinbase does not list securities, and the SEC has not been granted the powers by Congress to regulate digital assets as securities or commodities. The Terra Luna and Do Kwon case could be headed in a different direction after a South Korean court ruled that the rebranded LUNC project is not a security product. As a result, Do Kwon’s lawyers were motivated to ask the United States Securities and Exchange Commission (SEC) to stop pushing with the legal...

Stellar lumen price is showing bearish signs below the $0.100 resistance zone against the US Dollar. XLM price is now trading below $0.100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1020 on the 4-hour chart (data feed via Kraken). The pair could start another decline if it fails to recover above the $0.100 resistance. Stellar lumen price is trading below $0.100 against the US Dollar, similar to Bitcoin....

Ripple price started a fresh decline from the $0.540 zone against the US dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5100 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.500 resistance zone. Ripple price is struggling below $0.500 against the US Dollar, similar to Bitcoin. XRP price...