Litecoin Price Analysis – LTC/USD Heading Back to $150?

A break above the $147 resistance area sees Litecoin rising back to $150. Key Highlights: LTC price could be heading back to $150 very soon A break above the $147 resistance area could send the coin back to $150 A major bullish trend was created from the $122.50 support level earlier today Litecoin — On An Upward Trend After diving to as low as $106.94 earlier today, LTC bounced back and held a support level at $122.50 for a brief moment. The coin then took off from there on a…

Singapore Lawmakers Want Crypto Regulation

Another day, another discussion on crypto regulation. That’s not an exaggeration, either. Both BIS general manager Agustin Carsten and members of the parliament of Singapore discussed regulating virtual currencies this week. As for this article, we are going to focus primarily on the latter. What Happened in Singapore? The public has now been informed that members of Singapore’s parliament are thinking about creating more regulations that will control and oversee the country’s cryptocurrency industry. It’s not a surprise to hear that yet another country is looking into cryptocurrency regulation. After…

BIS General Manager: There Needs to be More Cryptocurrency Regulation

On Tuesday, Agustin Carsten gave a speech in which he discussed cryptocurrency regulation. He, of course, is not the first public figure to come forward to discuss more regulation on virtual currencies. Recently, UK Prime Minister Theresa May announced that the UK plans to create new cryptocurrency rules. As for Carsten, the BIS general manager not only called for more regulation, but he also said Bitcoin is a mixture of a bubble and a Ponzi scheme. For those who don’t know, people have been calling bitcoin a speculative bubble for…

Ark and Dent Ride the Crypto Success Wave: Both Coins Trading Up Today

Crypto investors rejoice! At least, for now. The market is in the green at the time of writing (but knowing how volatile crypto is, who knows how long this will last). Of the many coins that are up, both Ark and Dent have been climbing in the past 24 hours. Yesterday, China blocked all crypto-related websites, and the result was madness. The aim was to “prevent financial risk,” according to the People’s Bank of China, but ironically, the block ended up causing financial risk in the form of the markets…