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Tag Archives: News

EOS Price Analysis: Risk of Drop To $0.60

EOS price started a fresh decline from the $0.730 zone against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.6720 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 $0.672 and $0.700 resistance levels. EOS price is struggling below $0.700 against the US Dollar, unlike Bitcoin....

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Litecoin (LTC) Price Analysis: Upsides Could Be Attractive To Sellers

Litecoin is showing bearish signs and trading below $80 against the US Dollar. LTC price is now trading below $78 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $79.00 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 $80 resistance zone. Litecoin price is struggling below $80 against the US Dollar, similar to Bitcoin. LTC price...

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Matrix Port: Bitcoin Will Hit $125K in 18 Months

Matrix Port – a provider of crypto and blockchain services – is confident that in a year and a half from now (at the end of 2024), the price of bitcoin will rise to a whopping $125,000. Matrix Port: Bitcoin Is Going to Rise, Rise, Rise The company is basing its hypothesis on historical data, which includes former bullish trends and significant increases in market value. Matrix Port believes that these little points will repeat themselves and ultimately bring the...

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Analysts Think Coinbase Will Succeed in the SEC Lawsuit

Could the new BlackRock bitcoin-based exchange-traded fund (ETF) application help pave the way for a Coinbase and SEC settlement or relationship? According to some analysts, the answer is “yes.” Coinbase Could Be Successful Coinbase was recently listed as a custody provider in the application submitted by BlackRock. This, according to several industry experts, is a huge vote of confidence for the firm given Coinbase is currently under the scrutiny of the SEC,...

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Larry Fink: Bitcoin Can Do a Lot for the Financial Space

Larry Fink – the CEO of BlackRock, which recently applied to the Securities and Exchange Commission (SEC) for a bitcoin-based exchange-traded fund (ETF) – said he thinks bitcoin is akin to digital gold, and he feels it has the power to truly revolutionize the financial arena. Larry Fink Thinks Highly of BTC The application was initially rejected by Gary Gensler and the SEC, who claimed the details in the document were not comprehensive enough. However, a ray of...

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