Litecoin (LTC) Price Analysis: Indicators Point Fresh Increase To $100

Litecoin price is struggling below $90 against the US Dollar, similar to Bitcoin. LTC price could continue to decline if it stays below the $92 resistance zone. Litecoin Price Analysis In the past few hours, there was a minor increase in Bitcoin, Ethereum, Ripple, and Litecoin against the US Dollar. Earlier, LTC settled below the $90 resistance zone to move […]

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CEX trading volumes decline in April after months of growth: Kaiko

Centralized crypto exchanges have seen a dip in trading volumes in April for the first time in three months as digital assets cool off from a hot first quarter.  According to blockchain data provider Kaiko, trading volumes on centralized exchanges have fallen back following three consecutive months of gains. April’s volumes were almost half of those in March at roughly […]

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Robinhood returns to court to defend position in case brought by US state regulator

Lawyers representing cryptocurrency and stock trading app Robinhood faced off against those for the secretary of the commonwealth of Massachusetts over the legality of a state regulation that could affect how the company markets itself to potential investors. Under Secretary of the Commonwealth of Massachusetts William Galvin, the office’s securities division filed a complaint against Robinhood in December 2020 alleging […]

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Binance’s Changpeng Zhao Says Banking Support Is Important For Crypto

Changpeng Zhao recently stated that believes that support from banks is the biggest challenge for crypto.  The Binance Chief believes that traditional finance systems are important for furthering crypto adoption.  Zhao views traditional banking institutions as a necessary element for Bitcoin rather than a rival.  Changpeng Zhao, the man at the helm of the world’s largest crypto exchange, believes that […]

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Bitcoin Rally May Not Have Hit Top Yet, Here's Why

The historical pattern in this Bitcoin on-chain indicator may suggest that the ongoing rally hasn’t reached its top yet. Bitcoin 1-Year Inactive Supply Has Continued To Go Up Recently According to a post from the on-chain analytics firm CryptoQuant, the 1-year inactive supply hit a high back in March of this year. The “1-year inactive supply” is an indicator that […]

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French Senate proposal would allow influencers to promote cryptocurrency

The French Senate’s Committee on Economic Affairs recently approved an amendment to pending legislation allowing registered cryptocurrency companies to hire social media influencers for advertising and promotional purposes. According to a translation of the amendment provided by Bing, the new wording would allow companies that are registered with France’s Autorité des Marchés Financiers (AMF) to hire influencers for their products: […]

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Hollywood studios reject banning AI from writer's rooms

Artificial intelligence (AI) brings yet another industry into a hot debate over its usage as Hollywood and the greater media industry faces petitions from the Writers Guild of America (WGA). WGA recently sent out a list of demands which included the regulation of AI usage on the minimum basic agreement (MBA) covered projects. It stated that AI should not be […]

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