Tag Archives: News

EOS price started a fresh decline from the $4.20 resistance against the US Dollar. The price is now trading below $3.80 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $3.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down if it trades below the $3.30 support zone. EOS price is showing bearish signs below $4.00 against the US Dollar, similar to bitcoin....

Law enforcement agents in Ho Chi Minh City in Vietnam have arrested nearly 60 people involved in what may be the biggest online crypto-based gambling ring in history. Thus far, more than $3.8 billion in crypto-based transactions have occurred at the hands of the organization. Gambling Like This in Vietnam is a Big No-No… The operation occurred in a very hush hush way, with several gamblers involved registering their crypto wallets on a foreign platform known as Remitano...

Law enforcement in the U.S. has taken back roughly $2.3 million in crypto funds that have been garnered through ransomware attacks. According to legal documents, the crypto was being held by a Russian man named Aleksandr Sikerin, who is believed to be living in St. Petersburg. Ransomware Is Getting Bad Sikerin is slated to be part of a notorious hacking group known as REvil. The organization has cost businesses throughout the world millions of dollars in crypto funds,...

Bitcoin has endured a terrible plunge. The world’s number one digital currency by market cap – which was trading in the mid-$50,000 range over the past few days – has dropped dramatically and at the time of writing, is selling for just over $49,000, constituting a slip of approximately 17 percent. Bitcoin Has Crashed Again The drop occurred over a 24-hour period, spanning from around Friday morning to early Saturday. The currency has also caused other digital assets to...

Tron price started a recovery wave above $0.0880 against the US Dollar. TRX price is now trading below $0.1000 and near the 55 simple moving average (4-hours). There was a break above a short-term declining channel with resistance near $0.0845 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1000 resistance. TRON price started a recovery wave from $0.0720 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh decline from the $59,000 resistance against the US Dollar. The price is now trading below $52,000 and the 55 simple moving average (4-hours). There is a major bearish trend line with resistance near $52,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could resume decline if it fails to clear the $52,000 resistance zone. Bitcoin price is struggling below $52,000 against the US Dollar. BTC might decline heavily...

Several leading crypto exchange executives have been called in to testify before a committee on December 8. The committee will be made up of several members of the U.S. Congress, all of whom have questioned the presence of crypto in America and have previously called for stricter regulation. The Committee Wants to Know More About Crypto Among the witnesses called to testify before the committee are Alesia Haas of Coinbase fame, Jeremy Allaire from Circle, and Brian...

Crypto investors in India have received some good news in that the country has decided not to ban cryptocurrency. Rather, digital assets are now going to be recognized as an entirely new asset class and will thus be regulated as so. India Classifies Crypto as a New Asset Class This has been a back-and-forth battle that was going even just a few weeks ago after the nation’s Parliament issued a bill to be discussed during the winter session that would set forth rather...

Ethereum price started a fresh increase from the $3,650 support against the US Dollar. ETH price is now trading above $4,200 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4,400 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,400 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could start a major...

ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...