Seven members alleged to be members of the Hong Kong triad have been arrested in connection with the kidnapping of a cryptocurrency trader. The trader was held last year for ransom that amounted to roughly $3.8 million USD. Seven Hong Kong Men Are Now Facing Life Imprisonment The men have been arrested in mainland China and will be handed over to authorities in their native Hong Kong at the Shenzhen Bay border control point this week. Some of the suspects that were...
Read More »Solana (SOL) Price Analysis: Rally Could Extend Above $115
Solana price started a fresh increase above the $100.00 level against the US Dollar. The price is now trading above $100.00 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $108 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 to continue higher in the near term. Solano price is gaining pace above $105 against the US Dollar, similar to bitcoin. SOL could extend gains if it...
Read More »Will Smith Cryptocoin explodiert nach den Oscars
Am Wochenende fand wieder die alljährlichen Oscarverleihung statt. Doch in diesem Jahr waren es weniger die Preise und vielmehr Will Smith, der einen Comedian auf der Bühne ohrfeigte, der im Mittelpunkt des Medieninteresses stand. Infolgedessen zeigte sich auch die Unberechenbarkeit des Cryptomarktes. Crypto News: Will Smith Cryptocoin explodiert nach den OscarsInnerhalb von 24 Stunden nach dem Oscar-Event explodierte ein Token, der mit dem Namen Will Smith vermarktet wird. Der sogenannte...
Read More »Vitalik Buterin Isn’t Crazy About NFTs
Vitalik Buterin – known for his role in creating Ethereum, the largest altcoin on the market and arguably bitcoin’s biggest competitor – isn’t a huge fan of non-fungible tokens or NFTs, as they’re called for short. In a recent interview, he warned against NFTs and claimed they were “dystopian.” Vitalik Buterin Doesn’t Like How Big NFTs Have Become Ethereum is largely responsible for giving way to NFTs. These tokens require smart contracts, which up to one point, was...
Read More »Altcoins like DhabiCoin (DBC), Cardano (ADA), and Axie Infinity (AXS) heat up the market.
The swing of BTC has marked the last two weeks of the cryptocurrency market. In contrast, alternative cryptocurrencies like DhabiCoin (DBC), Axie Infinity (AXS), and Cardano (ADA) soar in the market. BTC has been accumulating a period of low prices due to the interference of macroeconomic issues and the war scenario in Eastern Europe. BTC had a timid valorization in the last fourteen days and 6.6% over the previous seven days. Altcoins are pulling the market up in...
Read More »Bitcoin Experiences a Nice Little Jump
Bitcoin has shot up along with several of its altcoin cousins. After spending the last month or so locked in the doldrums, the world’s number one digital asset by market cap has suddenly surged to a moderate position. Bitcoin Seems to Be on the Rebound At the time of writing, bitcoin is trading for over $45,000 per unit. This may not sound like much when compared with the highs the currency has hit in the past year or so. However, it’s good news for traders in that...
Read More »Bit.Store Unveils New Crypto-Based Credit Card
Bit.Store – a crypto investment social platform – is unveiling a new prepaid credit card linked to crypto that will allow users to purchase goods and services with digital assets. Bit.Store Establishes New Credit Card Linked to Crypto The card is being powered by Alchemy Pay, a leader in the crypto payment sector, and it can be used at over 50 million retailers and companies throughout the world given its Mastercard status. It will also be compatible with applications...
Read More »Litecoin (LTC) Price Analysis: More Gains Possible Above $130
Litecoin is eyeing an upside break above the $130 resistance against the US Dollar. LTC price is now trading above $120 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $121 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $130 resistance zone. Litecoin price is gaining pace above $120 against the US Dollar, similar to bitcoin. LTC...
Read More »Bitcoin Cash Analysis: $400 Presents Key Resistance
Bitcoin cash price started a fresh increase from the $280 support against the US Dollar. The price is now trading above the $350 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but the bulls might remain active near the $330 support zone. Bitcoin cash price is showing positive signs above $350 against the US...
Read More »Cardano (ADA) Price Analysis: Bulls Gain Strength above $1
ADA price started a strong increase above the $0.90 resistance against the US Dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.9900 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $0.9800. Cardano price is surging above $1.00 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...
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