BNB Chain intends to disable its atomic swap feature in April and all Bridge providers will be expected to begin informing users by February. We are in the first few weeks of 2024 and the scene is seemingly being set for the rest of the year. The industry is still on a high note from the recently- announced Bitcoin spot ETF approval but even more news is rolling in. The latest comes from BNB Chain, which recently announced the six-month roadmap for its BNB Beacon Chain Fusion. The roadmap...
Read More »SEC Seeks Key Documents from Ripple in Ongoing Legal Battle
The legal battle between the SEC and Ripple stems from the SEC’s allegation that Ripple engaged in unregistered securities sales, specifically through institutional sales of XRP. In a recent filing dated January 11, 2024, the US Securities and Exchange Commission (SEC) has requested specific documents from Ripple Labs Inc as part of the ongoing legal proceedings between the regulatory body and the blockchain payments company. SEC’s Document Requests and Interrogatory The two main...
Read More »Robinhood Lists All 11 New Spot Bitcoin ETFs
US-based customers may now access all 11 spot Bitcoin ETFs in both retirement and brokerage accounts through Robinhood Financial. Robinhood has stayed true to its word by listing all new spot Bitcoin exchange-traded funds (ETFs) on its platform. The US Securities and Exchange Commission (SEC) approved spot Bitcoin ETFs on Wednesday, including funds from BlackRock, Grayscale, Fidelity, Invesco, Valkyrie, Bitwise, Hashdex, BZX, VanEck, WisdomTree, and Franklin Templeton. Shortly after the...
Read More »Bitcoin Cash Analysis: Bulls Aim For $300 or Higher
Bitcoin cash started a strong increase above the $245 and $250 levels against the US Dollar. The price is now trading above the $250 zone and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hour chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $285 and $290 to continue higher in the near term. Bitcoin cash price is climbing above $260 against the US Dollar, like...
Read More »EOS Price Analysis: Bulls Face Key Hurdle at $0.78
EOS price started a fresh decline after it failed to stay above $0.880 against the US Dollar. The price is now trading below $0.800 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.7620 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $0.7620 and $0.7800 resistance levels. EOS price is struggling below $0.800 against the US...
Read More »Litecoin (LTC) Price Analysis: Bulls Aim Fresh Rally Above This Resistance
Litecoin is gaining pace above the $68.00 resistance against the US Dollar. LTC price is now trading above $68.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $71.00 and $72.00 resistance levels. Litecoin price is recovering from the $63.50 zone against the US Dollar, like...
Read More »SOL Price Analysis: Solana Aims Fresh Rally To $120
Solana price started a fresh increase from the $85.00 zone against the US Dollar. The price is now trading near $100.00 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $92.90 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $102 and $105 to continue higher in the near term. Solana price is trading above $90 against the US Dollar, like Bitcoin. SOL could start a...
Read More »Bitcoin Price Analysis: BTC Rallies Toward $48K, Eyes More Upsides
Bitcoin price started a strong increase above the $45,000 zone against the US Dollar. The price is now trading above $45,200 and the 55 simple moving average (4 hours). There was a break above a key contracting triangle with resistance near $44,300 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $44,300 support zone. Bitcoin price is showing positive signs above $45,000 against the US Dollar....
Read More »Cardano (ADA) Price Analysis: Can Bulls Push It Above $0.58?
ADA price is attempting a fresh increase from the $0.4650 zone against the US Dollar. The price is now trading below $0.580 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.5150 on the 4-hour chart (data feed via Coinbase). The price could gain bullish momentum if it clears the $0.5600 and $0.5800 levels. Cardano price is holding the $0.5150 support against the US Dollar, like Bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH Targets Fresh High Above $2,500
Ethereum price is eyeing an upside break above the $2,350 resistance against the US Dollar. ETH price is now trading above $2,280 and the 55 simple moving average (4 hours). There was a break above a key bullish flag pattern with resistance near $2,250 on the 4-hour chart (data feed from Coinbase). The pair could climb further if it stays above the $2,250 support zone. Ethereum price is consolidating above the $2,300 level against the US Dollar. ETH/USD could rise...
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