APE Price Eyes 12% Jump With This Reversal
admin2022-08-11T02:22:41+00:00Published 21 mins ago The Apecoin (APE) ongoing recovery aims for another upswing as the coin price shows reversal signs from the support trendline. Previously, such reversal usually drives the coin price to the overhead resistance, and thus, the same is expected this time. However, the price range between the two trendlines is narrowed enough to be considered a no-trading zone.
Key points:
The APE chart has lost 4.55% since last week Long-tail rejection candle at the support trendline indicating high demand...
Ripple Is Exploring a Buyout of Celsius’ Assets
admin2022-08-10T22:21:32+00:00
Key Takeaways
Ripple is exploring the possibility of buying Celsius' assets, according to statements from a Ripple representative. Celsius has not publicly commented on the matter, nor is it clear whether Ripple is in discussions with Celsius. On August 5, Ripple's lawyers filed documents that will allow the company to take part in Celsius' bankruptcy hearing.Share this article
Ripple Labs is considering a potential purchase of assets from Celsius amidst the latter company’s bankruptcy process.Ripple Considers Celsius Buyout
Ripple could purchase Celsius’ assets.A Ripple...
Buyers Eyes $36 Mark following Reversal Pattern
admin2022-08-10T18:17:18+00:00Published 1 hour ago The Avalanche (AVAX) chart shows a textbook example of a rounding bottom pattern in the daily time frame chart. Under this pattern’s influence, the altcoin today breached the $28.8 resistance, preparing to surge higher. However, the trades have to undermine overhead supply pressure to give a candle closing above this barrier.
Key points:
The long-tail rejection on august 8th suggests the sellers defend the $28.8 barrier with vigor The AVAX chart shows a bullish crossover between the 20-and-50-day...
Privatixy protocol: Leveraging blockchain to address data security and privacy
admin2022-08-10T18:00:06+00:00Staying updated on cryptocurrency news is one sure way of knowing new cryptocurrencies with potential in the coin market. If you’re a regular in Reddit crypto forums and Crypto Twitter spaces, it will be easier to identify new projects worth putting on your radar. Privatixy protocol (PXP) is one such new project. The new cryptocurrency is set to storm the crypto market before the year ends, and there’s great enthusiasm surrounding the coin already due to its features and...
SEC, CFTC Want Private Funds to Report Crypto Holdings
admin2022-08-10T16:30:22+00:00
Key Takeaways
The Securities and Exchange Commission has issued a proposal that would require large private wealth managers to report their crypto holdings. The Commodity Future Trading Commission is also weighing supporting the update. The move is part of a larger effort to increase regulatory oversight over a furtive marketplace. Despite ongoing debates over SEC and CFTC jurisdiction over cryptocurrency, today's proposal suggests a potential alignment on reporting requirements.Share this article
The Securities and Exchange Commission and the Commodities Futures Trading Commission...
Bitcoin Rallies as U.S. Inflation Cools to 8.5%
admin2022-08-10T12:32:38+00:00It comes after U.S. inflation hit a 40-year high of 9.1% in June. U.S. Inflation Hits 8.5% U.S. inflation hit 8.5% in July, a report from the Bureau of Labor... Source link
Will SEC Reveal Hinman’s Speech After Ripple’s Latest Objection?
admin2022-08-10T08:36:33+00:00The U.S. Securities and Exchange Commission (SEC) has put all its strength to protect the Infamous Hinman speech related documents. However, Ripple and other defendants in the lawsuit have filed their reply over the Commission’s objection to the court orders.
SEC relies on contradictory arguments
Attorney James Filan in a Tweet mentioned that the defendants have objected to the SEC’s protest of Judge Netburn’s decisions over the Attorney Client Privilege and DPP claims. Ripple, Brad Garlinghouse and Chris Larsen...
Coinbase Execs Face Lawsuit From Shareholder
admin2022-08-09T22:34:39+00:00
Key Takeaways
A shareholder has filed a derivative lawsuit against Coinbase executives over the company's 2021 public listing. The suit alleges that mismanagement disrupted Coinbase's "flywheel" growth strategy to the detriment of investors. The lawsuit, if it is successful, could see CEO Brian Armstrong and other executives pay damages to Coinbase itself.Share this article
Crypto exchange Coinbase is facing a derivative lawsuit from a dissatisfied shareholder over its 2021 stock listing.Coinbase Faces Derivative Suit
A Coinbase shareholder has filed a suit against...
Prices Under Correction Threat With $8 Breakdown
admin2022-08-09T19:02:29+00:00Published 3 hours ago Over the past three months, the Filecoin (FIL) price action has shaped into a cup and handle pattern. The $5 psychological level formed the bottom support for this pattern and bolstered a new recovery rally. Though a bull-run nearly doubled the altcoin within a week, the supply pressure at $9.5 has limited the bullish growth.