Litecoin is showing bearish signs and trading below $100 against the US Dollar. LTC price is now trading below $95 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $93.80 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 $95 resistance zone. Litecoin price is struggling below $95 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Mike McGlone: Bitcoin Still Isn’t in a Great Place
Bloomberg crypto strategist Mike McGlone doesn’t believe that the worst days of bitcoin are behind it, and he says the world’s number one digital currency by market cap is likely to run into trouble again like it did in 2022. Mike McGlone on the Future of BTC That year was arguably the worst on record for bitcoin, with the asset losing as much as 70 percent of its value. The currency rose to a new all-time high in November of 2021 ($68,000), though a year later,...
Read More »Blockchain Gaming Company Moxy Hosts Triple-Launch Event Featuring Token Sale and Influencer Battle
CoinspeakerBlockchain Gaming Company Moxy Hosts Triple-Launch Event Featuring Token Sale and Influencer Battle The Battle of the Influencers tournament took center stage during the launch event. Blockchain Gaming Company Moxy Hosts Triple-Launch Event Featuring Token Sale and Influencer Battle
Read More »Animoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push
CoinspeakerAnimoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push In his speech, Siu emphasizes the importance of fighting US hegemony and lowering reliance on the US dollar for countries such as China. Animoca Founder Highlights China’s Influence on Hong Kong’s Crypto Push
Read More »How Congressman French Hill is Trying to Help Crypto
French Hill – a republican representative of Arkansas – is passionate about crypto, and he’s taking a leading role in ensuring the U.S. invokes appropriate crypto regulation in the coming future. French Hill and Digital Currency Hill is currently leading a discussion amongst House republicans on the uncertainty of crypto in the U.S. He also serves as the House Financial Services Committee’s vice chair and leads its Subcommittee on Digital Assets, Financial...
Read More »Carvana (CVNA) Shares Jump Over 23% after Announcing Debt Reduction Deal and Record Q2 Earnings
CoinspeakerCarvana (CVNA) Shares Jump Over 23% after Announcing Debt Reduction Deal and Record Q2 Earnings Carvana announced that it had signed a deal with noteholders to reduce its total debt outstanding by over $1.2 billion, which strengthens its financial position. Carvana (CVNA) Shares Jump Over 23% after Announcing Debt Reduction Deal and Record Q2 Earnings
Read More »India’s Tata Group Partners with UK Government to Invest Over $5B in Battery-Making Factory
CoinspeakerIndia’s Tata Group Partners with UK Government to Invest Over $5B in Battery-Making Factory The UK Tata factory should begin production by 2026, and supply nearly half of the country's 2030 EV battery demand estimate. India’s Tata Group Partners with UK Government to Invest Over $5B in Battery-Making Factory
Read More »CoinMarketCap Releases Its H1 2023 Report on Crypto Market
CoinspeakerCoinMarketCap Releases Its H1 2023 Report on Crypto Market According to the CoinMarketCap report, the global crypto market demonstrated continued growth in the second quarter of the year, with the total market capitalization reaching $1.17 trillion. CoinMarketCap Releases Its H1 2023 Report on Crypto Market
Read More »Musk Dogecoin Lawsuit Amended to Include Insider Trading Charges
Last year, a lawsuit was filed against South African entrepreneur and billionaire Elon Musk. The lawsuit alleged that Musk took measures to manipulate the price of Dogecoin, which he’s been fond of and spoken highly of for some time. The plaintiffs in the lawsuit claim to have lost millions of dollars during the 2022 bear market, and they’re blaming the SpaceX founder for his alleged role in their losses. Elon Musk Lawsuit Changed Up Now, it appears the lawsuit...
Read More »Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
CoinspeakerSociete Generale Secures First French Crypto License for Its Crypto Division FORGE This license will allow FORGE to serve institutional clients' needs for digital assets. The banking institution is the first to secure a license under France's new crypto rules. Societe Generale Secures First French Crypto License for Its Crypto Division FORGE
Read More »