EOS price started a downside correction from the $0.808 resistance against the US Dollar. The price is now trading below $0.74 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with support near $0.715 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $0.74 and $0.75 resistance levels. EOS price is declining from $0.808 against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Uptrend Intact Above $100
Litecoin started a downside correction from the $115 zone against the US Dollar. LTC price is now trading above $98 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $104.10 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $105 resistance. Litecoin price is correcting gains from $115 against the US Dollar, similar to Bitcoin. LTC price...
Read More »Leticia James and Coin Cafe Settle for More Than $4 Million
Leticia James – the attorney general of the state of New York – has sued ANOTHER digital currency company, and it appears she’s gotten her way. At the time of writing, Brooklyn-based cryptocurrency firm Coin Café has settled with James for roughly $4.3 million. Leticia James Sues Another Crypto Enterprise The money will serve as restitution for investors that James says were defrauded by the company. It was initially alleged that Coin Café was a free platform to...
Read More »The Venom Foundation Seeks to Bring Blockchain to Kenya
The Venom Foundation – a Web3, fintech, and blockchain company – has agreed to form a partnership with the government of Kenya in Africa as a means of bringing more blockchain and crypto capabilities to the continent. The company also said it’s hoping to establish more Web3 and blockchain applications in the coming months and years to ensure Kenyans have access to up-to-date technology. Kenya Is Getting Access to Blockchain Christopher Louis Tsu – CTO for the...
Read More »Binance Stops Deposits and Withdrawals for 8 Multichain-Bridged Tokens Until Further Notice
CoinspeakerBinance Stops Deposits and Withdrawals for 8 Multichain-Bridged Tokens Until Further Notice Binance will no longer allow the affected Multichain-connected tokens on its platform from the 7th of July, according to an announcement. Binance Stops Deposits and Withdrawals for 8 Multichain-Bridged Tokens Until Further Notice
Read More »Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments
CoinspeakerReserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments The RBI Governor Shaktikanta Das has severally admitted that the country is moving towards CBDC adoption amid de-dollarization. Reserve Bank of India (RBI) in Talks with Other Central Banks to Promote Digital Rupee for Cross-border Payments
Read More »Binance Academy Partners with Coursera to Promote Blockchain Technology
CoinspeakerBinance Academy Partners with Coursera to Promote Blockchain Technology Binance has been always working with the belief that education is the cornerstone of progress and innovation. Binance Academy Partners with Coursera to Promote Blockchain Technology
Read More »Tesla Slashes Price of Model 3 and Y Electric Vehicles in Japan
CoinspeakerTesla Slashes Price of Model 3 and Y Electric Vehicles in Japan By reducing prices, Tesla aims to offer a compelling value proposition compared to other electric vehicle options in terms of features, performance, range, and affordability. Tesla Slashes Price of Model 3 and Y Electric Vehicles in Japan
Read More »Singapore Bank DBS Launches Merchant Platform Enabling e-CNY Collection
CoinspeakerSingapore Bank DBS Launches Merchant Platform Enabling e-CNY Collection The merchant program ensures automated settlement of e-CNY into businesses' DBS bank accounts. Singapore Bank DBS Launches Merchant Platform Enabling e-CNY Collection
Read More »Foxconn Sees 14% Drop in Q2 2023 Sales, Shares Robust Outlook for Q3
CoinspeakerFoxconn Sees 14% Drop in Q2 2023 Sales, Shares Robust Outlook for Q3 Foxconn expressed optimism about the upcoming third quarter, anticipating a brighter outlook as they approach the peak shopping season at the end of the year. Foxconn Sees 14% Drop in Q2 2023 Sales, Shares Robust Outlook for Q3
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