EOS Price Drops Below $1.15: Upsides Could be Limited

• EOS price is struggling below $1.15 against the US Dollar, similar to Bitcoin.
• The price might attempt to recover if there is a clear move above $1.12.
• If there is a downside break below the $0.965 support, the price could test the $0.920 support in the near term.

EOS Price Analysis

EOS price started a fresh decline from the $1.15 resistance zone against the US Dollar. There was a break below a key rising channel with support near $1.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to decline if it stays below the $1.12 and $1.15 resistance levels.

Upside Limited Above $1.15

EOS price attempted a recovery wave from the $0.965 zone but failed to clear the 50% Fib retracement level of its downward move from high of $1.340 to low of $0

Sam Bankman-Fried Faces Strict Communication Rules in Crypto Fraud Case

• Prosecutors and former FTX founder Sam Bankman-Fried have reached a deal regarding communication protocols while he awaits trial in October.
• Judge Lewis Kaplan had imposed limitations on who SBF can communicate with from his former businesses, including not being able to speak with other executives.
• Sam Bankman-Fried has been charged with fraud after it was alleged that he used customer funds to pay off loans and invest in luxury Bahamian real estate.

Background of Sam Bankman-Fried

Sam Bankman-Fried is the former FTX founder and chief executive who was granted limited communication with past and current employees of the now defunct exchange as he awaits his October trial at his parents‘ home. He was released on a $250 million bond, meaning that if he tries anything funny while out of jail, those who have put up their money and property as collateral will be forced to part with it permanently to make the required payment. Prior to the company’s collapse, Sam Bankman-Fried was labeled a genius, and his net worth was immense.

The Fall of FTX Exchange

FTX was, at one point, one of the largest digital currency trading platforms in the world. Having first arrived on the scene in 2019, the company rose through ranks to eventually earn its place as one of top five crypto exchanges in 2022. However, its success came crashing down soon after when it became clear that Sam Bankman-Fried had mismanaged customer funds and made fraudulent investments for personal gain.

Communication Restrictions Imposed

In order to protect witnesses from possible manipulation or harm by SBF during this time period, prosecutors and defense lawyer Mark Cohen have agreed upon strict communication restrictions while he awaits trial. These include not being able to speak with other executives or use chat apps like Signal that allow users to auto delete messages or texts. Furthermore, SBF must obtain approval before engaging in any transactions exceeding $1,000 except those required for legal fees.

Consequences & Criminal Charges

As a result of these offenses against customers’ trust., SBF has been charged with several counts of fraud after it was alleged that he used customer funds for personal benefit rather than investing them into FTX. In addition ,he is now barred from leaving the country under threat of losing his $250 million bond should he attempt such an act .

Final Thoughts

The fall of FTX due to fraudulent practices is likely go down as one biggest blunders ever occur within history crypto space . Despite previously having massive success ,SBFs actions ultimately led downfall entire operation . With judge granting limited communications between him past employees ,it remains be seen what further consequences await him October trial .

XTZ Soars: Can Crypto Rally Push Token Above $2 Mark?

• Tezos‘ (XTZ) price surged by over 6% in the last 24 hours and recorded a 14-day price gain of 14.9%.
• At press time, XTZ is trading at $1.39, a 4.71% increase from its past day’s price and leading similar smart contract platform coins with a 7-days rally of 22.1%.
• Tezos is trading above its 50-day and 200-day Simple Moving Averages (SMA), a bullish signal which reflects the possibility of a short-term rally.

Overview of XTZ Price Action

Tezos (XTZ) price has performed well over the past weeks and is currently trading at $1.39, with gains of 4.71% in the last 24 hours, outperforming the global cryptocurrency market by 0.4%. Additionally, XTZ has seen a 14-day price gain of 14.9%, as well as a 30-day rally of 25.3%, leading similar smart contract platform coins with a 7 days rally of 22.1%.

Tezos‘ Historical Performance

Tezos held its ICO (initial coin offering) in July 2017 and traded above $2 before rallying to over $9 during the 2021 Bull Run before correcting again to its current price of $1.39 – 300.9% higher than its December 07, 2018 all-time low but 84.58% lower than its October 2021 all-time high of $9.12.. After closing 2022 at $0.720353, XTZ saw an impressive momentum when market conditions improved earlier in January 2021, climbing above $1 on January 15th until February 23rd when it remained above this level amid slight pullbacks.

Analysis Of XTZ Price Trend

Tezos is trading above its 50-day and 200-day Simple Moving Averages (SMA), indicating an overall bullish signal for the token’s short term performance which could hint at XTZ’s potential to exceed the current price and climb above $2 in the coming days.. Furthermore, Tezos is forming a long green candle on the daily chart today despite forming redcandle which indicates further upside potential for this altcoin asset class .

XTZ Price Prediction

Given that Tezos is outperforming both the global cryptocurrency market and other similar smart contract platform coins with strong gains over recent weeks , there could be further upside potential for this altcoin asset class if it can manage to surpass its previous highs close to $ 9 . Although there are no guarantees regarding any kind of investment , market conditions remain positive for investors looking to make return on their investments through cryptocurrencies such as Tezos .


Overall , Tezos appears well positioned to continue making gains based on recent analysis , while maintaining strong levels compared to other altcoins . Despite being 84 . 58 % down from it’s all time high , there remains potential for further growth if market conditions remain favourable . As always , investors should take standard precautions when investing into cryptocurrencies or any kind asset class online .

Bitcoin Worthless? Peter Schiff Speaks Out

• Peter Schiff argued that Bitcoin has no value because it can’t be used for anything in the real world.
• He believes gold is a much better store of value since it is physical and widely used in electronics, jewellery and trade.
• Schiff predicts that rising inflation rates and employment losses will cause many Bitcoin owners to sell their coins to pay for basic necessities.

Peter Schiff Thinks Bitcoin Is Worthless

Renowned investment manager Peter Schiff claimed that Bitcoin has no value during a recent interview with Anthony Pompliano. In Schiff’s opinion, since a bitcoin or any number of bitcoins cannot be used for anything in the real world, they have no worth.

Behind Schiff’s Opinion: A Deeper Look

Bitcoin has never been a favourite for well-known financial experts. Schiff has referred to it as a digital pyramid scheme in previous interviews, contending that Bitcoin is only valuable if someone else is ready to purchase it. Additionally, he urges cryptocurrency holders to sell their investments and use the proceeds to buy actual gold before they lose everything. To reinforce his verdict, Peter Schiff states that since Bitcoin has no physical presence, there is absolutely no difference between having one and many of it. On the contrary, gold is one asset that he strongly believes will have a prosperous future since it is „physical value“ unlike fiat and cryptocurrencies. From this perspective, gold has real significance as a store of value since it is itself valuable and widely used in electronics, jewellery, trade etc.

Continuing The Debate: Digital vs Physical Assets

Over the past ten years, fiat money has become less valuable relative to goods due to various stimulus measures launched by governments around the world in reaction to the COVID-19 epidemic. According to Peter Schiff these tendencies have not peaked yet and there will likely be more inflation and economic deterioration in the future. Many people relying on cryptocurrency as a medium of wealth generation will eventually have to sell their coins just so they can afford basic necessities like food according tot him.. Gold alone will be appealing during this period due its rich history of being used as money for most of human history.

The Pros And Cons Of Investing In Gold

Gold has proven itself time after time as an excellent asset class with its abilityto weather turbulent economic times unscathed while other assets suffer major losses or devaluation due its status as an uncorrelated asset class which makes investing intoprecious metals an attractive option even when other markets are experiencing volatility or downturns . However , investing into gold can also come with some downsides such as storage costs , insurance fees , potential tax issues and liquidity problems which may make investing into precious metals less desirable depending on your individual situation .


Overall , Peter Schiffs view on bitcoin being worthless still remains contested by many supporters . While both sides remain split on opinions , what’s undeniable are government stimulus packages globally leading towards future inflationary pressures which may lead investors towards seeking alternative stores of value such as precious metals .

THETA Price Rockets 13% – Time to Invest?

• THETA price is trading above key support levels, rising 12.93% to above $1.20
• Bullish outlook for the THETA token is validated by strong support on the downside and technical indicators pointing upward
• If THETA price manages to break out of the current channel pattern, it could move up to $1.34, a 14% increase from current levels

THETA Price Rises 13% To $1.20

The Theta Network token’s price has been on a steady climb since the start of the New Year, with Tuesday seeing a 12.93% uptick that took it above $1.20.

Technical Setup For Investors

The daily time frame reveals an ascending parallel channel, with bulls determined to scale the price higher and bears focused on undoing yesterday’s gains. The immediate support level comes in at $1.16 while resistance sits at $1.24; if broken through, there exists potential for a 14% move up to $1.34 in play.

Downside Support Validates Bullish Outlook

Strong support can be found on the downside should prices dip below those figures mentioned above: namely, the middle boundary of the rising channel at $1.16, lower boundary at $1.07 and finally – most importantly – the psychological level of $0.90 which converges both 50-day and 100-day SMAs together as one barrier against further losses in value for THETA token holders..

Technical Indicators Point Upward

Moving averages and MACD indicator are all facing upwards signifying that bullish momentum is here to stay; perhaps even gaining more strength due to strong underlying fundamentals such as increasing partnerships with major tech firms like Samsung & Google Cloud Platforms or successful launch of mainnet v3..

Time To Buy?

Given this technical analysis setup and bullish sentiment surrounding Theta Network token right now, there may be no better time than now for investors considering entering into positions with long-term holds or short-term trades alike given its low risk/high reward ratio currently being offered by markets across all exchanges worldwide..

Ripple Hires New President Ahead of SEC’s Final Judgment

• Ripple Labs has appointed Monica Long as its new president.
• Long has been with Ripple since 2013, serving as senior vice president, general manager and communications director.
• As president, Long will lead the development of Ripple’s On-Demand Liquidity (ODL) solution and Liquidity Hub.

Ripple Elevates Monica Long to President

Ripple Labs has announced the promotion of Monica Long to the company’s highest office – that of president. After seven years of service at Ripple, including stints as senior vice president and general manager, Long ascends into her new role just as the US Securities and Exchange Commission’s legal case against Ripple continues.

Long’s Professional Background

Monica Long joined Ripple back in 2013 when there were only 10 employees in total. She started out as communications director, a position she held for seven years until her promotion to general manager in 2020. During her tenure at Ripple, she also served on the blockchain development side of their business – both at RippleX and their financial network, RippleNet.

Development Of Flagship Products

As part of her responsibilities as general manager, Long led the development of On-Demand Liquidity (ODL), launched by Ripple in 2018 and considered their flagship product. Similarly, they added a similar service under the name Liquidity Hub last year – which saw over 60% of all payment volume sent through ODL during 2021.

Monica’s Reaction To Appointment

Commenting on her appointment to President with enthusiasm, Monica said: „Over half my professional career has been in crypto – and more importantly, at @Ripple… I am incredibly honored to [have] this opportunity.“ Her sentiment was echoed by CEO Brad Garlinghouse who expressed his appreciation for her contributions so far: “Even in this challenging crypto environment…she [has] helped guide us to a place of growth and financial strength.“


As it stands now, Monica Long is settling into her new role at a crucial time for Ripple with the SEC lawsuit looming large over them. With already established experience within cryptography and many years of service under her belt at Ripple Labs itself – it looks like they have made an excellent decision for their future prospects.

Bancor Price Prediction: BNT Gains 5.91%, Eyes $0.46 Resistance

• Bancor price prediction shows that BNT gains 5.91% in the last 24 hours to touch the daily high of $0.42.
• BNT/USD needs to continue its up-trending growth in the coming days to recover properly as the next resistance level is likely to come at $0.46, $0.48, and $0.50.
• On the downside, a bearish move toward the lower boundary of the channel could open up the way to a $0.38 support, and this may likely slow down the bears and then serve as a jumping-off ground for the recovery.

The Bancor price prediction shows that the BNT token has seen a 5.91% increase in the last 24 hours, pushing the price up to $0.42. This impressive surge in the price of BNT has been attributed to a number of factors, including the overall bullish sentiment of the cryptocurrency market and positive news from the Bancor platform.

Bancor is a decentralized liquidity network that allows users to instantly convert tokens without the need for an exchange. It utilizes a network of reserve tokens to facilitate these conversions, and it has grown in popularity in the past few years due to its unique features and ease of use.

The BNT/USD pair is currently trading in an upward channel, with its immediate resistance level at $0.46, $0.48, and $0.50. The Relative Strength Index (RSI) is also signaling that a bullish trend may be coming soon. However, there is also the possibility of a bearish move in the near future, which could push the price down to its $0.38 support.

It is important to note that the Bancor price prediction is subject to change depending on any new developments or announcements from the Bancor team. Therefore, traders should be sure to stay up to date with the latest news and updates from the Bancor platform in order to make the most informed investment decisions.

Cardano’s Bullish Surge: Could ADA Be a Top Crypto Gainer in 2023?

• Cardano is a popular cryptocurrency project that has seen a lot of success and innovation in the past few years.
• Its native token ADA has seen a surge in prices in the past bull market, and is now being driven up again due to various bullish catalysts.
• Experts believe that Cardano could be a top crypto gainer in 2023, making it a viable investment option for crypto enthusiasts.

Cardano is one of the most popular and innovative cryptocurrency projects in the space, and its native token, ADA, has been a successful investment for many during the 2021 bull market. The crypto shot up from a mere $0.17 to over $2.9 within a matter of months, before the crash caused it to start a downtrend and bring it all the way down to the $0.24 level.

But since 2023, the Cardano project, along with its token ADA, has been on a bullish surge, thanks to various catalysts. These catalysts include the project’s development and partnership progress, as well as its ability to invite developers to build their dapps on the platform. As a result, experts are now predicting that Cardano could be a top crypto gainer in 2023, making it a viable investment option for crypto enthusiasts.

The Cardano project has made a lot of progress over the past few months, which has played a major role in the bullish surge of its native token. The project has seen the launch of multiple testnets, the implementation of Shelley, and the activation of staking. All of these developments have been widely appreciated by the crypto community, and have helped add to the bullish sentiment around the project.

Furthermore, the project has also managed to attract some major partnerships. Recently, Cardano partnered with the Chinese government, which allowed the project to access the country’s vast resources and make use of its advanced technologies. This partnership is expected to help Cardano expand its reach in the East and develop new products and services.

Apart from its development and partnership progress, Cardano has also managed to attract developers to build their dapps on its blockchain. This has been a major point of criticism for the project, as some major crypto entities have voiced their concerns about the lack of developers on the platform. Thankfully, the project has managed to address this issue, and has now been able to bring in a lot of developers, which is expected to help boost the project’s overall adoption in the long run.

All of these developments have helped Cardano become one of the most promising projects in the space, and experts are now predicting that it could be a top crypto gainer in 2023. This makes it a viable investment option for crypto enthusiasts, who are looking to get in on the ground floor of the project. With its development and partnership progress, as well as its ability to attract developers, Cardano could be an interesting option for those looking to add a bit of diversity to their portfolios.

Chiliz (CHZ) Price Prediction: Uptrends Likely as CHZ Breaks Resistance at $0.13

• Chiliz (CHZ) is currently trading at $0.12 and is facing key resistance at $0.13.
• The Chiliz price has been trading above the 9-day and 21-day moving averages.
• The technical indicator Relative Strength Index (14) crosses above the 50-level, suggesting an uptrend.

The Chiliz price prediction reveals that CHZ is facing key resistance at $0.13 as the market price may gain more upsides. At the time of writing, the Chiliz price is ranging, and the coin is likely to break to the upside to gain more uptrends. Chiliz is a digital currency designed to support fan engagement in the sports and entertainment industry. It is a utility token used on the Chiliz platform, which helps sports and entertainment fans purchase and trade digital assets related to their favorite teams and organizations.

Chiliz (CHZ) is currently trading at $0.12 and is facing key resistance at $0.13. The Chiliz price has been trading above the 9-day and 21-day moving averages. The technical indicator Relative Strength Index (14) crosses above the 50-level, suggesting an uptrend. The Chiliz market cap stands at $797.5 million with a circulating supply of 6.6 billion CHZ and a total supply of 8.8 billion CHZ.

Should CHZ/USD spike below the 9-day and 21-day moving averages, the critical support levels of $0.042, $0.032, and $0.022 may be tested. On the other hand, if the market gains more momentum, CHZ/USD may touch $0.220, $0.240, and $0.260 resistance levels.

In order for the Chiliz price to reach its all-time high of $0.33, the coin needs to break the current resistance levels and maintain a steady uptrend. Investors should keep an eye on the market for possible uptrends as the coin may experience some volatility in the near future. Furthermore, the coin is expected to gain more traction as it gains more adoption in the sports and entertainment industry.

LUNC makes a strong start in 2023: Is cryptocurrency looking to shoot up?

• LUNC (formerly LUNA) was one of the biggest cryptocurrencies in the market before it collapsed due to a flaw within the Terra ecosystem.
• Despite the crash, LUNC has been having a great start to 2023 as the token has been rising in value considerably.
• Speculation is rife that cryptocurrencies may be looking to shoot up this year, giving hope to investors across the globe.

With the start of the new year, the cryptocurrency market is buzzing with speculation and excitement of what the future may bring. After the market crash in early 2022, the industry has been in a rather dire condition, thanks to the constant stream of negative press surrounding cryptocurrencies or NFTs. But one event that shocked the entire industry on an immense scale, without a doubt, was the LUNA (now LUNC) crash.

LUNC was one of the biggest cryptocurrencies in the space at a point in time and was valued above $115 briefly before it collapsed due to a major flaw within the Terra ecosystem. It was not only popular as one of the top cryptocurrencies with a massive community but was also among the top 10 cryptocurrencies in terms of market cap. Despite its immense fall, LUNC still managed to stay afloat and has been having a great start since the new year, as 2023 saw the token rising in value considerably as compared to many of its counterparts.

The market has been abuzz with speculation that cryptocurrencies may finally be looking to shoot up this year. While there has been no solid evidence presented by any of the claiming parties yet, it still seems to be a ray of hope for the masses across the globe. This could be the perfect opportunity for investors to have another shot at making a strong return in the market.

With the start of 2023, LUNC has certainly made a strong start and is looking to recover from its fall. It remains to be seen if the token will be able to make a full recovery and reach the heights it once had, and if the speculation surrounding the entire market is true or not. Only time can tell and investors will be keeping a close eye on the movements of the token and the market as a whole.