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Ripple Price Analysis: Bears Aim Test of $0.5

Ripple price started a fresh decline from the $0.6550 zone against the US dollar. The price is now trading below $0.60 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.6000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend declines if there is a clear move below the $0.550 support zone. Ripple price is struggling below $0.6000 against the US Dollar, similar to bitcoin....

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Over 100,000 Cubans Are Now Using Cryptocurrency (Report)

Many Cubans are now using cryptocurrencies as an alternative means of exchange due to limitations imposed by US sanctions on the country’s traditional payment rails. Over 100,000 Cubans are reportedly using digital assets, largely thanks to mobile internet reaching the country just three years ago.  Cuba’s Crypto Economy NBC News recently interviewed Nelson Rodriguez – a Cuban cafe owner who now accepts both Bitcoin and Ethereum for payments. He said he believes in the...

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US Treasury Imposes Sanctions on North Korean Crypto Mixer

The US Department of the Treasury’s Office of Foreign Assets Control (OFAC) has announced fresh sanctions on a cryptocurrency mixer called Blender.io, which happens to be used by the Democratic People’s Republic of Korea (DPRK). OFAC Sanctions Coin Mixer In the official press release, the OFAC revealed that North Korean hackers had used Blender to launder digital assets as well as to carry out state-sponsored cyber attacks. The website was reportedly engaged in the...

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Fidelity Will Allow You to Invest in BTC Via Your 401K

Fidelity Investments – one of the largest investment and trading companies out there – has announced that customers can place cryptocurrencies like bitcoin into their 401Ks and retirement funds. Fidelity Allows Users to Invest in Crypto with Their 401Ks Adam Dell – the founder of Domain Money – believes this is one of the biggest boosts crypto has been given in recent years. During an interview, he commented: It’s a recognition that investors are looking for access to...

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La Banque des États de l’Afrique centrale met en garde la Centrafrique

Dans un courrier daté du 22 avril, Abbas Mahamat Tolli, gouverneur de la BEAC [1] rappelle à Hervé Ndoba, Ministre des Finances de la République centrafricaine qui préside actuellement l’UMAC [2], que la loi « qui consacre la cryptomonnaie comme une monnaie officielle » en Centrafrique n’est pas conforme aux règles en vigueur dans la CEMA [3]. Objet : Loi régissant la cryptomonnaie en République Centrafricaine Monsieur le ministre,...

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Canadian Conservative Candidate Poilievre Believes Crypto Can Stop Inflation

Pierre Poilievre – a candidate for the Conservative Party leader of Canada – says that cryptocurrencies are a solid hedge against inflation, something the nation has been experiencing for months. However, two main officials of the Bank of Canada disagree. They have rebuked his words, saying crypto serves no such purpose and that they will not replace the Canadian dollar with any form of digital currency. Pierre Poilievre Believes Crypto Can Halt Inflation in Canada...

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Cypherpunk Makes Huge Investment in Crypto Fund

Cypherpunk – a leader in the blockchain, metaverse, and cryptography sectors – has recently invested more than $500,000 into the AB Digital Strategies Fund managed by Isla Capital. The company made a $250K investment in February and the second investment a few weeks ago in April. Cypherpunk Gives Half a Million Dollars to Digital Strategies Fund Jeff Gao – the CEO of Cypherpunk – said that he is trying hard to ensure the company moves away from cash and traditional...

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Bitcoin Breaks Below Multi-Month Support, Is $30K Retest Incoming? (BTC Price Analysis)

After consolidating above the $37K decisive level for a few weeks, Bitcoin was eventually rejected after another attempt at $40K and plunged below the key support following tremendous bearish momentum. BTC futures market has seen a massive long liquidation due to the recent bearish leg. Technical Analysis Technical Analysis By Shayan The Daily Chart Many retail investors have been buying Bitcoin around the $37K range, resulting in a lot of liquidity (sell stops) below the...

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Warren Buffett’s Advice for Beating Inflation is Actually the Key to Bitcoin’s Success (Opinion)

At the annual Berkshire meeting last week, Warren Buffett continued to balk at Bitcoin’s history-making ROI over the last decade. But the investing legend also gave advice to beat inflation which is precisely what makes Bitcoin so valuable. The investment news world has been filled with responses to Warren Buffett’s latest remarks heaping scorn on Bitcoin. The legendary investor took his notorious “rat poison squared” insult from 2018 a step even further. From the day Buffett...

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L’entonnoir du bitcoin

L’entonnoir du bitcoin est un Live stream à retrouver tous les dimanches à 18h00 sur Twitter. On y parle exclusivement de Bitcoin et de son actualité. Au programme du dimanche 8 mai 2022 : – BIP-119, la proposition de mise à jour de Bitcoin qui fait polémique– Quelques news de Lightning Proposé par Jeremy Rubin, un développeur Bitcoin et fondateur de Bitcoin Judica, le BIP-119*, également connu...

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