Litecoin, Dogecoin and large-cap altcoins rally as Bitcoin price hits $23.8K

Litecoin (LTC) and Dogecoin (DOGE) are rallying strongly as Bitcoin (BTC) fights to stay above $23,800. Many analysts say the surge in large-cap altcoins is directly connected to Bitcoin’s price action and historical data shows the two tend to move in tandem when BTC goes through bull and bear cycles. As altcoins begin to show signs…

Tron asks NY judge to turf ICO suit from Binance bag holders

The Tron Foundation has requested a New York federal judge dismiss a class action lawsuit alleging securities violations through TRX’s 2017 initial coin offering, describing the claims as “fatally flawed.” The Chinese blockchain developer filed a motion to dismiss on Dec. 15, asserting that the case has “no connection” to New York. The foundation also…

Bulls buy the dip again after Bitcoin price rejects at a key resistance level

For the second day in a row, Bitcoin bulls have attacked the $19,500 level in an attempt to flip the crucial level from resistance to support.  Each attempt to overcome the resistance is has been rejected near $19,550 but Bitcoin’s swift recovery from the Dec. 14 drop to $19,050 shows that investors remain interested in…