Tag Archives: News

EOS price started a fresh decline from the $1.95 resistance against the US Dollar. The price is now trading below $1.55 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.40 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it stays above the $1.30 and $1.26 support levels. EOS price is declining below $1.55 against the US Dollar, similar to bitcoin....

Litecoin started a fresh decline from well above the $60 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $55 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $58 against the US Dollar, similar to bitcoin. LTC price...

A woman in Mississippi has been sentenced to ten years in prison after she reportedly paid as much as $10K in bitcoin to a hitman she wanted to hire to kill her ex-husband. 40-year-old Jessica Leeann Sledge pled guilty to the crime last February. Jessica Sledge Heads to Jail Court documentation suggests she intended to hire the assassin between September 21 and November 1 of last year, and that she had used interstate commerce to engage in the transaction. Upon her...

Randa Cranford – a 78-year-old grandmother – is the latest victim of a crypto scam, having lost as much as $7,000 in the process. Randa Cranford Lost a Lot of Money The situation began when Cranford received a strange message on her computer screen claiming that something had been compromised and that she should call the number featured on the screen to get things resolved. In an interview, she stated: All of a sudden, these windows flashed up and a message that read,...

Could the worst of the crypto bear market be over? According to former White House communications director and crypto bull Anthony Scaramucci, the price of bitcoin has officially bottomed out. Investors will not see things get worse from here, and he thinks BTC is fairly valued at around $40K. Scaramucci Thinks the Worst Is Over In a recent interview, Scaramucci stated: We believe that the leverage has been blown out of the system. I don’t think it’s going below the low...

A new crypto bill introduced by John Boozman – a republican from Arkansas – and Debbi Stabenow, a democrat from Michigan, would (if passed) give the Commodity Futures Trading Commission (CFTC) full control over bitcoin and Ethereum, the world’s two largest and most popular digital currencies. The CFTC Would Have Most of the Power In the bill, both ETH and BTC are clearly described as commodities. In addition, they account for roughly two thirds of all activity in the...

Michael Saylor – bitcoin bull and the CEO of software giant MicroStrategy – has announced that he is leaving his post as the chief executive of the firm that has ultimately made institutional investing in digital currency a popular fad. Michael Saylor Is No Longer CEO of MicroStrategy Saylor has long been a fanatic of bitcoin, claiming in the past that it will be the future of finance. Unfortunately, he has made several monetary decisions surrounding bitcoin that have...

Is Ethereum about to overtake bitcoin? Ethereum Is Getting Much Bigger This was the question on several analysts’ minds as the world’s second largest cryptocurrency by market cap and the number one competitor to bitcoin announced a few weeks ago that it was getting closer to its long-sought merge. The process will involve Ethereum transforming into Ethereum 2.0. The network is switching from a proof of work (PoW) module to proof of stake (PoS). This will allegedly make...

ADA price failed to surpass the $0.500 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.460 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.425 support zone. Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $1,700 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,570 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,420 zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...