• Tron (TRX) price started a fresh increase from the $0.055 level against the US Dollar. • TRX price is now trading above $0.06 and the 55 simple moving average (4-hours). • There was a break above a major bearish trend line with resistance near $0.066 on the 4-hours chart (data feed via Kraken). Tron …
Biden Accused of Secretly Trying to Ban Crypto with Obama-Era Program
• The Biden administration has been accused of secretly trying to ban crypto through an Obama-era initiative known as Operation Choke Point 2.0, which is designed to cut off “undesirable” industries from banking services. • Nic Carter – a partner at Castle Island Ventures – believes that the recent attempts are reminiscent of this program, …
Crypto Volatility Drops: Is This Good or Bad News?
• Crypto experienced a dip in February after weeks of its main assets (such as bitcoin) increasing their prices. • Analysts and crypto players were quick to point out that volatility across the board for things like stocks is rather high, while crypto is experiencing only marginal volatility. • 2022 was easily the worst year …