Ariva World – a company that connects travelers with tourism service firms – is launching its very own digital currency. Ariva World Is Issuing a Cryptocurrency for Travelers The company has issued a statement claiming that the old ways of traveling and moving across the globe are no longer working, and executives are seeking a way to ensure customers get the most effective system out there when booking their trips. This new cryptocurrency will reward travelers and is...
Read More »I Was Gambling, Says Jim Cramer on His Ethereum and Bitcoin Buys
The American TV personality Jim Cramer advised crypto investors to beware of the risks related to the digital asset industry. According to him, investments in bitcoin and the altcoins rests on the “greater fool theory,” where speculation is not absent. Furthermore, Cramer admitted he is not a crypto hodler because of inflationary reasons, instead, he was “simply gambling.” ‘There Could Be Millions of Greater Fools out There’ CNBC’s Jim Cramer shared yet another controversial...
Read More »Bitcoin Cash Analysis: Breakout Zone At $600
Bitcoin cash price started a fresh increase above the $565 zone against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $610 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $580 against the US Dollar, similar...
Read More »EOS Price Analysis: Why $4 Holds The Key
EOS price started a fresh decline from well above $4.80 against the US Dollar. The price is now trading below $4.50 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $4.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a close below $4.00 and $3.85. EOS price is showing bearish signs below $4.50 against the US Dollar, similar to bitcoin. The...
Read More »Litecoin (LTC) Price Analysis: Risk of More Downsides Below $172
Litecoin price started a fresh decline from well above $200 against the US Dollar. LTC price is now trading below $200 and the 55 simple moving average (4-hours). There was a break below a crucial contracting triangle with support near $192 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to decline unless there is a clear break above the $192 resistance. Litecoin price is moving lower and trading below $200 against the US...
Read More »Singapore’s Central Bank Chairman Shows Openness to Stablecoins
Bankers and government officials around the world are proving more welcoming to crypto than ever before. Tharman Shanmugaratnam – Singapore’s Central Bank Chairman – recently stated that cryptocurrency has a place in the country’s financial sector. All it needs are some regulations around illicit finance. A Place For Stablecoins The chairman showed his support at the Asia Financial Markets Forum on Wednesday. He said that the technology’s financial use-cases could extend...
Read More »Shiba Inu Coin Falls Following Elon Musk Tweet
Elon Musk – the South African entrepreneur behind billion-dollar companies like Tesla and SpaceX – has a habit of making currencies go up and down all the time… and the crypto world’s latest asset Shiba Inu coin is no exception. Elon Musk Causes Another Coin to Fall Shiba Inu coin has been breaking all kinds of records and hitting new highs. A spin-off of the popular meme currency Dogecoin, Shiba Inu coin hit a massive record this weekend only to be brought down by a...
Read More »Ethereum Price Analysis: ETH Dips Below $4K, Can Bulls Defend the Important Level?
Key Support level: $3,969 , $3,500 Key Resistance level: $4,380 Ethereum’s (ETH) failure to break the all-time high early this morning quickly changed the market sentiment, and bears took full control for a brief period. In the early hours of this morning, Ethereum attempted to break the all-time high, but it was stopped at $4,332 – just $50 below it. Once bulls realized they can’t push the price higher, the action was in the hands of the bears that did not hesitate and...
Read More »Tron (TRX) Price Analysis: More Gains Possible Above $0.105
Tron price is forming a base above the $0.1000 zone against the US Dollar. TRX price is now trading above $0.1000 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $0.0995 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.1050 resistance. TRON price remained well bid above $0.0980 against the US Dollar, similar to bitcoin. TRX price is...
Read More »Tether To Test Notabene’s Travel Rule System to Comply With AML Laws
Tether Holdings Limited, the issuer of the largest stablecoin by market cap, USDT, recently announced integrating Notabene to manage regulatory and counterparty risk in crypto transactions. Tether to Crack Down on Illegal Transfers As per an announcement on Tuesday, Tether will be testing the Notabene platform to comply with the Crypto Travel Rule —a mandate established on June 20, 2021, by the Financial Action Task Force (FATF). Notabene’s end-to-end solution will allow...
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