EOS price started a fresh decline below the $0.625 zone against the US Dollar. The price is now trading below $0.610 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6145 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 $0.615 and $0.625 resistance levels. EOS price is struggling below $0.615 against the US Dollar, unlike Bitcoin....
Read More »Litecoin (LTC) Price Analysis: Bears In Control Below $72
Litecoin is showing bearish signs and trading below $75 against the US Dollar. LTC price is now trading below $72 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $71.50 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could start a decent increase if it clears the $72 resistance zone. Litecoin price is struggling below $75 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Chainalysis: Crypto Ransomware Has Grown in 2023
When it comes to crypto crime, a new report issued by blockchain analysis firm Chainalysis shows that there’s good news and bad news. The good news is that such crime is down across the board. About 65 percent down, to be exact. The bad news is that much of the crime in the crypto arena has shifted to ransomware. Chainalysis Report Shows Ransomware Growing 2022 was arguably the worst year on record for crypto. It brought about one of the worst bear markets in...
Read More »Blockchain Network Artela Garners More Than $6 Million in New Funds
Blockchain firm Artela has announced it recently garnered more than $6 million in new funding. Among the companies to participate in the round and donate their cash are Seven X Ventures, Dispersion Capital, Amino Capital, Big Brain Holdings, and A&T Capital. The round was led by Shima Capital. Artela Seeks to Build Atop Its Network Founder and CEO Of Artela Jerry Li mentioned in a statement: The seed round marks an important step for Artela, enabling us to...
Read More »Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023
CoinspeakerPeloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023 Peloton sales and subscriber growth fell in Q4 2023 as expected, due to a traditional Q4 slowdown and a recall that affected 2 million bikes. Peloton (PTON) Shares Fall 27% Following Sales Loss and Low Subscriber Growth for Fiscal Q4 2023
Read More »Google Plays Changes Its Terms to Allow Blockchain Games
Google Play is updating its terms to allow blockchain games in its store. The company has agreed to do so after many of its users have shown heavy interest in both crypto and non-fungible tokens (NFTs). Google Play Allows Blockchain Games Joseph Mills – the group product manager for Google Play – explained in an interview: Like with any emerging technology, we must balance innovation with our responsibility to protect users. So, we’ve spoken with developers about...
Read More »Atomic Wallet Faces Lawsuit from Aggrieved Investors over Breach
CoinspeakerAtomic Wallet Faces Lawsuit from Aggrieved Investors over Breach The lack of definitive information raised concerns about the depth of Atomic Wallet's understanding of the breach and its ability to prevent similar incidents in the future. Atomic Wallet Faces Lawsuit from Aggrieved Investors over Breach
Read More »Maple Finance Gears Up for Asian Expansion with $5M Investment
CoinspeakerMaple Finance Gears Up for Asian Expansion with $5M Investment In addition to exploring Asian and Latin American countries, Maple said the funding will help form new strategic partnerships. Maple Finance Gears Up for Asian Expansion with $5M Investment
Read More »Hollywood Strike: Studios Expand Guidelines to Protect Writers from AI and Ensure Data Transparency
CoinspeakerHollywood Strike: Studios Expand Guidelines to Protect Writers from AI and Ensure Data Transparency Production studios and companies represented by the AMPTP have proposed new guidelines and rules as they look to end the ongoing strike. Hollywood Strike: Studios Expand Guidelines to Protect Writers from AI and Ensure Data Transparency
Read More »BlockFi Fights against 3AC and FTX’s Claims of Billions of Dollars in Disputed Funds
CoinspeakerBlockFi Fights against 3AC and FTX’s Claims of Billions of Dollars in Disputed Funds 3AC stated that BlockFi's efforts to downsize its claims might infringe upon the bankruptcy protection it received through Chapter 15. BlockFi Fights against 3AC and FTX’s Claims of Billions of Dollars in Disputed Funds
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