Litecoin (LTC) is currently deviating below the moving average lines after the price encountered resistance at $96. Long-term forecast for Litecoin price: bullish The market is overbought near the recent high. The cryptocurrency asset has been trading in an overbought zone since May 17. After reaching a high of $97, the altcoin was rejected. After a recent decline, Litecoin is […]

This article provides a meta-analysis of the technical analysis available on Shiba Inu (SHIB) as of 6 June 2023. Shiba Inu (SHIB) is a meme coin created in 2020. It is one of the most popular cryptocurrencies in the world, with a market capitalization of over $10 billion. SHIB has been on a wild ride since its inception. In October […]

Polygon (MATIC) recently experienced a sudden surge in large transactions. These sizable movements of funds on the network have caught the attention of market observers, prompting speculation about the motives and actions of cryptocurrency whales.  The catalyst behind this flurry of activity appears to be the recent lawsuit filed by the US Securities and Exchange Commission (SEC) against Binance and […]

Professionals across the crypto sector have responded to the United States Securities and Exchange Commission’s (SEC) recent actions against two of the biggest crypto exchanges, Binance and Coinbase.  On June 5, the SEC filed a lawsuit against Binance for allegedly offering unregistered securities. Only a day after filing the Binance suit, the commission also went after Coinbase on similar grounds, […]

The U.S. Securities and Exchange Commission (SEC) has taken legal action against Binance, the biggest cryptocurrency exchange worldwide. The SEC claims that Binance has broken several U.S. laws concerning securities, and fraud is one of the main accusations. This lawsuit has had a significant impact on the cryptocurrency industry. Analyst Outlook on Regulatory Violations and Fraud CNBC commentator Jim Cramer […]

A public-private partnership in El Salvador pledging to pump $1 billion into creating a Bitcoin (BTC) mining farm has received its first $250 million. This first release of funds kickstarts a 241-megawatt (MW) power generation park in the country’s Metapán region. Volcano Energy, the company behind the site, said the funds would go toward developing the power generation park using […]

The United States Securities and Exchange Commission (SEC) has filed another document in its lawsuit against Binance.US, saying investors’ funds are at risk.  In the filing entered on June 5, the regulators claim that the defendants, including Binance CEO Changpeng Zhao and Binance Holdings Ltd., “have enriched themselves by billions of U.S. dollars while placing investors’ assets at significant risk.” […]

Two United States senators have questioned Meta chief executive Mark Zuckerberg over the tech giant’s “leaked” artificial intelligence model LLaMA which they claim is potentially “dangerous” and could be used for “criminal tasks.” In a June 6 letter, U.S. Senators Richard Blumenthal and Josh Hawley criticized Zuckerberg’s decision to open source LLaMA and claimed there were “seemingly minimal” protections in […]

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Bitcoin price is attempting a fresh increase from the $25,500 zone against the US Dollar. The price is now trading near $27,000 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $26,900 on […]