Stellar lumen price started a downside correction from the $0.115 zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1040 on the 4-hour chart (data feed via Kraken)....
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Ripple Price Analysis: Fresh Rally Possible Above $0.52
Ripple price started a downside correction from the $0.5850 zone against the US dollar. The price is now trading below $0.512 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.5080 on the 4-hours chart of the XRP/USD pair (data...
New York Attorney General’s Office Now Suing Ku Coin Exchange
New York attorney general Leticia James is suing another digital currency company. This time, the victim is Ku Coin, whom James said failed to register as a security and commodities broker-dealer and is falsely representing itself as a crypto exchange. Ku Coin Is the Victim of a New York Lawsuit...
Could Grayscale Actually Defeat the SEC in Court?
It looks like the Grayscale Bitcoin Trust could be one of the few digital currency companies to get its way against the Securities and Exchange Commission (SEC). After several months of deliberation, the lawsuit the company filed against the federal financial agency could wind up taking a very unexpected turn....
Republicans Are Getting the Ball Rolling on Crypto Regulation
Crypto regulation has been at the forefront of many Congress-led discussions for the past several years, but while democrats have spent a long time talking about it, they haven’t acted, and quite frankly, given the fact that so many of them have accepted donations from entities like Sam Bankman-Fried of...
The FBI Is Warning of a New Game-Based Crypto Scam
The Federal Bureau of Investigation (FBI) has announced that a new way of tricking crypto fans and investors is making its way through illicit circles. The FBI Says the Latest Crypto Scam Targets Gamers The agency, in a statement, said many new pay-to-earn crypto platforms are ultimately stealing digital assets...
Crypto Fans Poke Fun at Gold Lover and Economist Paul Krugman
Bitcoin fans are making fun of economist Paul Krugman after he vented on Twitter the other day about dealing with a particularly rough financial company. Is Krugman Getting a Taste of His Own Medicine? Krugman has long been anti-bitcoin and crypto. He’s offered words on his skepticism for some time,...
Wyoming’s Cynthia Lummis Doesn’t Want the Government Regulating Crypto Mining
The federal government is looking to regulate crypto mining in the United States, and Wyoming Senator Cynthia Lummis isn’t happy about that. Cynthia Lummis Wants to Leave Crypto Mining Alone Since entering Congress in early 2021, Lummis (a republican) has widely been labeled as a friend to crypto given she’s...
29 Participants in Egyptian Crypto Scam Hogg Pool Arrested
Residents of Egypt are angry after being taken advantage of and falling victim to a cryptocurrency scam last August known as Hogg Pool. Hogg Pool Was Probably Never Real A promotional video for the company said it was founded in the year 2019 in the state of Colorado, though regulators...
UC San Diego Receives Hefty Crypto Gift
The University of California in San Diego has been gifted $15 million in crypto by the Balvi Filantropic Fund, run by Ethereum co-founder Vitalik Buterin. It’s easily one of the largest digital currency donations to ever be made to a school. The money will be put towards a program in...