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Tag Archives: News

Celsius CEO Alex Mashinsky Steps Down

Alex Mashinsky – the CEO of the Celsius Network, the doomed digital currency staking platform that is now in the middle of bankruptcy proceedings – has resigned from his post and will no longer be associated with the company. Celsius CEO Alex Mashinsky Says Goodbye A letter of resignation by Mashinsky was submitted in late September and became effective immediately, though while he’s not set to have any official title with the company, Mashinsky said he would be staying...

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EOS Price Analysis: Risk of More Losses Below $1

EOS price started a fresh decline below the $1.10 support against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.05 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $1.05 and $1.10 resistance levels. EOS price is struggling below $1.10 against the US Dollar, similar to bitcoin....

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Litecoin (LTC) Price Analysis: Bulls Struggle Below $52

Litecoin is facing a major resistance near the $52.00 zone against the US Dollar. LTC price is now trading below $52.50 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $51.65 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a steady upward move if it clears the $52.00 and $52.50 levels. Litecoin price is struggling below $55 against the US Dollar, similar to bitcoin. LTC...

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Crypto Money Laundering Case in China Ends

A billion-dollar crypto money laundering case in China has come to an end. Authorities say they busted an illicit group of money launderers who used a total of 40 billion yuan (roughly $5.6 billion in USD) to purchase digital currency funds. China Is the Center of a Major Crypto Money Laundering Case Arrests of over 90 individuals alleged to have been involved in the case recently occurred in the county of Hengyang, which is centered in China’s southern province of Huna....

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