Tag Archives: News

Litecoin is consolidating losses near the $96 level against the US Dollar. LTC price is now trading below $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $97.00 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears the $97 and $98 resistance levels. Litecoin price is showing positive signs above $92 against the US Dollar, similar to...

CoinspeakerMarketAcross Forms Alliance with Chainlink Labs to Empower Blockchain Startups The partnership between MarketAcross and Chainlink Labs highlights a common goal of equipping blockchain companies with the resources and assistance they need to succeed in a competitive market. MarketAcross Forms Alliance with Chainlink Labs to Empower Blockchain Startups

John Chen, an executive working with the Los Angeles Department of Water and Power (DWP), has been placed on administrative leave after he took part in crypto mining companies that allegedly go against the values and ethics of his agency. John Chen in Hot Water Chen reportedly earns more than $300K a year through his job with the DWP. He has served, for the past few years, as the department’s director, though having been part of a crypto mining company in Colorado...

CoinspeakerUS Stocks Rally as Inflation Numbers Come in Below Expectations The Federal Reserve is expected to raise interest rates at its July meeting, according to market estimates.  US Stocks Rally as Inflation Numbers Come in Below Expectations

Tools for Humanity – a company that has introduced a new digital token known as World Coin – has recently garnered as much as $115 million in a new series C funding round led by Blockchain Capital. The company has announced that the funds will go towards growing the breadth of World Coin, as well as developing alternatives to CAPTCHA tests. Tools for Humanity Garners a Lot of Cash World Coin aims to be one of the few fully democratic digital tokens out there in...

CoinspeakerBernstein Report: MicroStrategy Could Sell Its Bitcoin Holdings if Price Drops Drastically If the price of Bitcoin rises, MicroStrategy will benefit in various ways. Conversely, if the price of Bitcoin falls drastically or even crashes, MicroStrategy may face challenges in recovering from the debt. Bernstein Report: MicroStrategy Could Sell Its Bitcoin Holdings if Price Drops Drastically

The “Tuttle Twins” – a conservative children’s cartoon series – recently featured an entire episode that discusses bitcoin and the notions of digital currency. “Tuttle Twins” Brings BTC to Children Normally, the “Tuttle Twins” is all about trying to teach children to think for themselves and develop critical skills that will help them in the modern world. Thus, it makes perfect sense that bitcoin would be a major topic of the show. As we edge deeper into a digital...

CoinspeakerGoogle Facing Lawsuit Over Misusing Personal Data to Train Its AI Models As per the lawsuit, the damages brought by Google are equal to over $5 billion. Google Facing Lawsuit Over Misusing Personal Data to Train Its AI Models

CoinspeakerSouth Korea Floats New Crypto Rules to Promote Transparency According to the FSC, the main aim of the proposed new rules is to encourage firms to have accounting transparency. South Korea Floats New Crypto Rules to Promote Transparency

CoinspeakerBank of China Launches Offline Payment Trial for Digital Yuan For now, the e-CNY app has a limit of 500 yuan ($77) per transaction and 10,000 yuan ($1,540) per day for offline payments. Bank of China Launches Offline Payment Trial for Digital Yuan