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Tag Archives: News

EOS Price Analysis: Downtrend Could Resume Below $2.2

EOS price is struggling to clear the $2.45 resistance zone against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.20 support zone. EOS price is showing bearish signs below $2.40 against the US Dollar, similar to bitcoin. The...

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Litecoin (LTC) Price Analysis: Risk of More Losses Below $100

Litecoin price again failed to clear $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $115 resistance zone. Litecoin price is struggling below $1115 against the US Dollar, similar to bitcoin. LTC price...

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Qubit Finance Crypto Platform Hacked; A Lot of Money Is Gone

It’s happened again, folks. Another crypto hack is in the books and a lot of money has been stolen. This time, the victim is a digital currency platform known as Qubit Finance, a defi trading arena. The company is reporting losses of approximately $80 million at the time of writing. Qubit Finance Has Lost Quite a Bit of Money As we have seen from recent reports, crypto crime is growing like crazy, and it makes sense when one looks at how well some of the leading digital...

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Jeremy Allaire: BTC Will Reach Seven Figures

Bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has lost nearly $30,000 from the recent all-time high it hit back in November of 2021. During that time, the asset was trading for roughly $68,000, but today, the currency is stuck at around $37,000. Still, that isn’t stopping men like Jeremy Allaire – the CEO of Circle, a stable coin provider – from having big beliefs about bitcoin. Jeremy Allaire Is Confident in BTC In...

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Experts Discuss Why Crypto Is Not Mainstream Yet

Bitcoin and crypto has been around for many years, but none of the well-known assets of today have hit a peak. None have reached mainstream acceptance levels, and there are several people out there wondering what it’s going to take for these currencies to be given their due. Why Is Crypto Not Further Ahead? A recent panel of experts – including Chris Smith, founder of BIG Esports; Josh Marcus, COO at Rumble Gaming, and Evan Heby, senior marketing manager at Tipalti – sat...

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Tron (TRX) Price Analysis: Bulls Aim Larger Increase

Tron price started a decent recovery wave above the $0.0580 level against the US Dollar. TRX price is now trading above $0.0580 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if there is a clear break above the $0.0620 resistance. TRON price started a fresh increase above $0.0580 against the US Dollar, similar to bitcoin. TRX...

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Bitcoin Price Analysis: BTC Eyes Upside Break above $40K

Bitcoin price started a fresh increase from the $33,000 zone against the US Dollar. The price is now trading above $36,000 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $37,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $40,000 resistance. Bitcoin price is still trading below $40,000 against the US Dollar. BTC might start...

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Bitcoin Has Fallen, but Analysts Suggest You Should Keep Buying

It has been a rough start in the new year for bitcoin. The world’s leading digital currency by market cap has lost approximately $30,000 from its price in just the past 2.5 months alone, and yet there are many analysts out there claiming that buying more may be the right move to make. Bitcoin Investors Shouldn’t Give Up If you had purchased $1,000 in bitcoin early in the year, it is estimated that you would only have about $800 left right now. With such a loss, one would...

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Bitcoin Slated to Suffer in 2022 Thanks to Federal Reserve Rate Hikes

Bitcoin has been incurring heavy dips as of late. Just a few months ago, the world’s number one digital currency by market cap was trading for a whopping $68,000 per unit, but now, the asset has lost nearly $30,000 from its price, and according to many analysts, the year is going to get a lot worse for the currency given that the Federal Reserve is looking to hike rates again. The Federal Reserve Is Pushing Rates Higher This would normally not be a huge deal. Rates...

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The FBI Says Crypto Scams Are Up

Experts at the Portland division of the Federal Bureau of Investigation (FBI) are telling people what they can do to avoid cryptocurrency scams, which have seemingly become much more prominent and aggressive over the past few years. The FBI Says Crypto Scams Are On the Rise It seems like crypto-based crime has become a serious issue given that the prices of many leading digital currencies such as bitcoin have surged in recent years. Just two months ago, the world’s...

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