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Tag Archives: News

EOS Price Analysis: Risk of Downside Break Emerges

EOS price started a downside correction from the $1.315 resistance against the US Dollar. The price is now trading above $1.18 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $1.24 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $1.145 support zone. EOS price is declining from $1.315 against the US Dollar, similar to bitcoin....

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Litecoin (LTC) Price Analysis: Bears Are Active Below $100

Litecoin started a fresh decline below the $100 zone against the US Dollar. LTC price is now trading below $100 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $96.90 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could struggle to clear the $97 and $100 resistance levels in the near term. Litecoin price is struggling below $100 against the US Dollar, similar to bitcoin. LTC price...

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Crypto Bank Custodia Sees Its Fed Application Denied

Bitcoin has been incurring some price spikes over the past few weeks that have caused crypto to jump back onto the financial map like it never did in 2022. However, the space has been delivered a blow now that the Federal Reserve has denied the application of crypto bank Custodia to be a member of the official Fed system. The Fed and Custodia Are Again Duking It Out The agency warned that the organization suffers from “safety and soundness risks” and thus is not in good...

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Chainalysis: Crypto Crime Outlets Have Become Limited

Blockchain analysis firm Chainalysis says in a new report that crypto crime fighting has been effective to some degree. While the amount of crime hasn’t necessarily fallen in recent years, the fight against it has limited criminals to certain platforms when cashing out, transferring their stolen funds into fiat, or engaging in illicit transactions. New Chainalysis Report Says Criminals Don’t Have That Many Enterprises In its report, Chainalysis says most criminals are...

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