The identities of customers affected by last November’s FTX collapse can stay hidden per a bankruptcy judge in Delaware. Judge John Dorsey – the man overseeing the case involving the now notorious exchange’s asset liquidation process – says all names of former traders associated with the firm fall under the...
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Cardano (ADA) Price Analysis: Risk of More Downsides Below $0.30
ADA price is gaining bearish momentum below the $0.325 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4 hours). There is a key contracting triangle forming with resistance near $0.3110 on the 4-hour chart (data feed via Coinbase). The...
Ethereum Price Analysis: ETH Shows Bearish Signs Below $1,900
Ethereum price is struggling below the $1,900 resistance against the US Dollar. ETH price is now trading below $1,880 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $1,880 on the 4-hour chart (data feed from Coinbase). The pair could...
Law Professor Yuliya Guseva on the Binance, Ripple, and Coinbase Lawsuits
Do the present lawsuits against Binance and Coinbase raise any red flags? A law professor at Rutgers University named Yuliya Guseva believes they do, and she thinks it’s highly unlikely nations like the U.S. will be able to dole out proper regulation before financial agencies do irreparable damage. Yuliya Guseva...
Nicholas Taleb Still Doesn’t Think Much of BTC
Bitcoin is a big asset. It’s got legions of fans all over the world, and it appears to be taking a higher level of precedence in U.S. national politics and similar arenas. However, it’s become clear over time that the world’s biggest and most popular digital asset isn’t going to...
DA Alvin Bragg Targets Crypto Firm Coin Dispute Network
Coin Dispute Network – a company that claims to help customers retrieve their lost or stolen crypto – is currently under investigation by the Manhattan District Attorney’s office run by the allegedly corrupt Alvin Bragg. Bragg and Coin Dispute Network Are in a War Bragg has said the company is...
Stellar Lumen (XLM) Price Remains Supported For Fresh Rally Above $0.18
Stellar lumen price started a downside correction from the $0.180 zone against the US Dollar. XLM price is now trading above $0.1450 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.160 on the 4-hour chart (data feed via Kraken)....
Ripple Price Analysis: Bulls Protect Uptrend Support, Aims Fresh Rally
Ripple price started a downside correction below the $0.820 zone against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.738 on the 4-hour chart of the XRP/USD pair (data...
Charges Laid Out Against Two Men in Mt. Gox Case
Has justice arrived in the Mt. Gox case? Perhaps that’s the scenario as after nearly ten years, two Russian men have been charged with conspiring to steal more than 600,000 bitcoin units. Is the Mt. Gox Case Coming to an End? The federal government has laid charges out against Alexey...
Cathie Wood on the Coinbase-SEC Lawsuit and BTC’s Price
Ark Investment Management founder and CEO Cathie Wood – a longtime bitcoin bull – has thrown herself into the Coinbase mess involving the Securities and Exchange Commission (SEC) and is defending the exchange. She also believes bitcoin could jump into $600K territory within the next seven years. Cathie Wood on...