Bitcoin price started a fresh decline below the $28,500 level against the US Dollar. The price is now trading below $28,000 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $26,050 on the 4-hour chart of the BTC/USD pair (data...
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DOJ Arrests Man Who Reportedly Stole $9 Million Worth of Crypto
The U.S. Department of Justice (DOJ) has arrested security engineer Shakeeb Ahmed for engaging in the $9 million theft of an unnamed decentralized crypto exchange (DEX). The DOJ Has a Suspect The DOJ alleges Shakeeb created fake pricing data to generate fees through the exchange, which later allowed him to...
Timothy Massad: America Needs Crypto Regulation NOW
Former heads of the Commodity Futures Trading Commission (CFTC) and the Securities and Exchange Commission (SEC) Timothy Massad and Jay Clayton feel the U.S. is seriously falling behind when it comes to crypto regulation, and they’re calling for legislators to step up and create valid rules once and for all....
It’s Official; the Winklevoss Twins Are Suing Digital Currency Group
Following a lot of legal back-and-forth jabber, the Winklevoss Twins of the Gemini exchange in New York are moving forward with their lawsuit against Barry Silbert and his company Digital Currency Group. The Twins allege that the firm and its CEO Silbert engaged in massive fraud. The Winklevoss Twins Are...
Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.25
ADA price is gaining bearish momentum below the $0.280 support zone against the US Dollar. The price is now trading below $0.275 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.2750 on the 4-hour chart (data feed via Coinbase)....
Ethereum Price Analysis: ETH Signals Downtrend Below $1,700
Ethereum price is struggling below the $1,800 resistance against the US Dollar. ETH price is now trading below $1,780 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $1,690 on the 4-hour chart (data feed from Coinbase). The pair could continue...
Grayscale Feels It’s Being Treated Unfairly by the SEC
Not long ago, the Securities and Exchange Commission (SEC) approved a different kind of bitcoin-based exchange-traded fund (ETF), and crypto conglomerate Grayscale isn’t happy about that. Grayscale is Seeing Red The ETF that garnered approval is called 2X Volatility Shares, and it became open for public trading on June 23....
Gaming Company Sega Wants Nothing to Do with Blockchain
There are many gaming companies out there that have joined hands with blockchain technology as a means of enhancing experiences for many players, but Sega is not (and likely will not be) one of them. Sega Doesn’t Think Much of Blockchain Sega, as we all know, is a major competitor...
Didi Taihuttu Creates “Moon” Algorithm to Help Read BTC Trends
The Bitcoin Family – run by patriarch Didi Taihuttu, who has been discussed several times on Live Bitcoin News – has made a real name for itself in the crypto community. Six years ago, they sold everything they had and traded everything in for bitcoin so they could enjoy a...
Stellar Lumen (XLM) Price Could Fail To Recover Above $0.135
Stellar lumen price is struggling below the $0.135 resistance zone against the US Dollar. XLM price is now trading below $0.130 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.131 on the 4-hour chart (data feed via Kraken). The...