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Tag Archives: News

Stellar Lumen (XLM) Price Takes Hit, Risk of More Downsides

Stellar lumen price is showing bearish signs below the $0.090 resistance zone against the US Dollar. XLM price is now trading below $0.090 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could start another decline if there is a clear move below the $0.084 support. Stellar lumen price is trading below $0.090 against the US Dollar, similar to bitcoin....

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Ripple Price Analysis: Bears In Action Below $0.40

Ripple price started a fresh decline below the $0.4000 zone against the US dollar. The price is now trading below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3820 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.4000 resistance zone. Ripple price is struggling below $0.4000 against the US Dollar, similar to bitcoin. XRP price...

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Federal Officials Obtain More than $3 Million in BTC from Fraudsters

Federal officials have recovered close to $3 million in stolen crypto funds. The money was taken through a fraud scheme that resulted in more than 150 bitcoin units traveling into criminal hands. Federal Officials Have Gotten Stolen BTC Back The scheme is alleged to have begun three years ago in 2020. Individuals overseeing the scam had set up a call center that they inherently used to target U.S. traders and investors. These individuals would call them up and pretend to...

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Republicans Creating New Committee to Monitor Crypto

Republicans currently serving on the House Financial Services Committee recently stated that they are going to be starting a new subcommittee devoted to crypto following the debacle that was 2022. Republicans Are Looking to Fix Crypto During that time, not only were prices of various assets (bitcoin in particular) reaching new lows, but there were bankruptcies, fraud cases, and other problems spreading like a disease. It appears republicans of Congress are now working to...

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New FTX CEO John Ray III Says Exchange Could Be Up and Running Again Soon

FTX may restart. That’s the crazy news for today, that one of the biggest crypto debacles could eventually turn itself around. The news has been greeted with positivity given that FTT – the native token of the now defunct crypto exchange – has risen by more than 35 percent at the time of writing. Could FTX Become Operational Again? Initially, the token was trading at about $1.83, though it has since risen to just over $2.50. John Ray III – the new CEO of the exchange who...

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