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Bitcoin (BTC)

Crypto Executive Do Kwon Pleads Not Guilty Following Arrest

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Do Kwon – the disgraced crypto executive behind the Luna token and Terra USD – has pleaded not guilty to fraud and other crimes after he was arrested in the European nation of Montenegro last month while holding three phony passports. Do Kwon: I Haven’t Done Anything! Kwon was a fugitive for some time after his...

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EOS Price Analysis: Bulls Sight Recovery To $0.78

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up EOS price is trading in a bearish zone below the $0.80 support against the US Dollar. The price is now trading above $0.66 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.660 on the 4-hour chart of the EOS/USD pair (data feed from Coinbase)....

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Litecoin (LTC) Price Analysis: Bulls Regain Strength Above $85

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Litecoin started a steady increase above $82 against the US Dollar. LTC price is now trading above $82 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance at $77.40 on the 4-hour chart of the LTC/USD pair (data feed from Coinbase). The pair could rise...

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Bitcoin-Loving President Bukele Reaches Record Support Level After 4 Years at the Helm (Survey)

Recent survey conducted by TResearch estimated that nearly 93% of Salvadorans approve of the leadership of President Nayib Bukele. This has been the highest level of support for the political leader who stepped into his role in 2019. Bukele is a well-known figure across the cryptocurrency community, mainly due to his pro-Bitcoin stance. Under his rule, El Salvador became the first country to adopt the primary digital asset as a legal tender.  Salvadorans are Satisfied With...

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Federal Reserve Chairman Refers To Stablecoins As A “Form Of Money”

Stablecoins are a “form of money” over which the central bank ought to have some level of authority, said Federal Reserve Chairman Jerome Powell before Congress on Wednesday. The chairman also confirmed that the Fed does not intend to directly issue a Central Bank Digitial Currency (CBDC) in the United States.  During a hearing related to monetary policy, Powell acknowledged that the crypto industry has some “staying power” – but also how its market cap has retraced massively...

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Bitcoin Cracks Above $30k Triggering $265 Million in Liquidations

Bitcoin(BTC) has risen back above $30,000 for the first time since April amid optimism that a Bitcoin spot ETF product could soon be approved in the United States.  The asset appears to be outperforming other cryptos, sending Bitcoin dominance to another two-year high above 51%.  Bitcoin traded for roughly $28,300 early on Wednesday, before surging to $30,650 by 16:38 UTC. At press time, the asset trades for $30,250, according to TradingView. The pump puts Bitcoin up 7.00%...

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Former Coinbase Employee to Serve Two Years in Jail

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Former Coinbase product manager Ishan Wahi will serve two years behind bars after he took part in a crypto-based insider trading scheme. Former Coinbase Manager Heading to Prison As a former employee of one of the world’s largest and most renowned crypto trading platforms, Wahi gained access to specific...

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Pepe Coin Price Jumps 15% as Crypto Market Rebounds, Wall Street Memes Also Surging

The crypto market is displaying a strong bullish surge, with the global cap expanding by 6% over the last 24 hours. While Bitcoin’s institutional and mainstream adoption is driving the rally – thanks in part to BlackRock’s application for a Bitcoin ETF – altcoins and meme coins are also seeing explosive surges. Pepe has emerged as one of the top performers, with the token surging close to 15%. Investors remain encouraged that it will re-hit the $1 billion market cap. Another...

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Bitcoin Shoots Up as Inflation Slides a Tad

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin endured a slight rise in mid-May after numbers emerged suggesting inflation was potentially easing up. Inflation May Be Dying Down a Bit Regions like the U.S. and the U.K. have been subjected to the highest inflation seen in roughly 40 or 50 years. Things like gas prices, food prices, and the costs of...

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