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....
Read More »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...
Read More »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...
Read More »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,...
Read More »Coinbase Secures Regulatory Approval for US Crypto Futures Trading
CoinspeakerCoinbase Secures Regulatory Approval for US Crypto Futures Trading With the approval, Coinbase has become the first native crypto company to provide both derivatives and spot trading services directly to customers. Coinbase Secures Regulatory Approval for US Crypto Futures Trading
Read More »US Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability
CoinspeakerUS Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability Dubbed the Digital Energy Council (DEC), the team is in Washington DC and was established on the 15th of August. US Crypto Mining Industry Forms DEC to Address Wrong Beliefs About Sustainability
Read More »US SEC Extends Bitcoin ETF Approvals Decision to 2024
CoinspeakerUS SEC Extends Bitcoin ETF Approvals Decision to 2024 The United States Securities and Exchange Commission has announced an extension of the numerous pending Bitcoin Exchange-Traded Fund approvals decision until 2024. US SEC Extends Bitcoin ETF Approvals Decision to 2024
Read More »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...
Read More »Tencent Reports Solid Q2 Results despite Failing to Meet Expectations
CoinspeakerTencent Reports Solid Q2 Results despite Failing to Meet Expectations Although slightly below the expected 32.3 billion yuan, Tencent's profitability demonstrates its financial resilience in the face of economic turmoil. Tencent Reports Solid Q2 Results despite Failing to Meet Expectations
Read More »Dutch Economy Enters Recession amid Consecutive Contractions
CoinspeakerDutch Economy Enters Recession amid Consecutive Contractions The Dutch economy, once a beacon of robust growth and stability, has hit a rough patch as it enters a recession following two consecutive quarters of contraction. Dutch Economy Enters Recession amid Consecutive Contractions
Read More »