Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Ripple price is facing resistance near the $0.550 level against the US dollar. The price is now trading above $0.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.5280 on the 4-hour chart of the XRP/USD pair (data source from Kraken). The pair could...
Read More »PayPal Ventures Leads $52M Funding Round for Web3 Firm Magic
San Francisco-based wallet-as-a-service (WaaS) provider Magic has raised $52 million in a strategic funding round led by PayPal Ventures bringing the firm’s valuation to just under $500 million. Other participants of the fund round include Cherubic, Synchrony, KX, Northzone, and Volt Capital. The latest capital infusion will be deployed to expand Magic’s functionality and enable growing use cases. The focus will also be on making a deeper integration within the European Union...
Read More »ONFO Coin Co-Founder and Crypto Advocate Found Dead in Arkansas: Report
John Forsyth, a Missouri emergency room doctor, crypto advocate, and co-founder of crypto project Onfo (ONFO), was recently found dead in northwest Arkansas after being reported missing for over a week. The 49-year-old man was last heard from on May 21 through text messages with his fiancée. Authorities told the deceased’s brother Richard Forsyth that John’s corpse was found on Tuesday. ONFO Coin Co-Creator Mysteriously Found Dead The Forsyth brothers created the ONFO coin in...
Read More »Sphere Financial Inc: Transforming the World of Finance with Ground breaking Blockchain Solutions
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Sphere Financial Inc (SFI), a disruptive force in the finance industry, is revolutionizing the financial landscape with its unparalleled blockchain solutions. By empowering individuals and businesses worldwide with decentralized and all-inclusive approaches, SFI is redefining traditional finance and ushering in...
Read More »Four Men Indicted in North Korea Illicit Crypto Case
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up North Korea is back in the news when it comes to crypto. It appears the country just won’t go away and is still doing all it can to get its paws on illicit digital currencies, but countries like the United States are fighting back. North Korea Is At It Again It has been revealed that the Justice Department...
Read More »Crypto Rug Pull Losses Outpaced DeFi Exploits in May: Report
A new report by blockchain security company Beosin revealed that the total amount of crypto assets lost to exit scams and rug pulls was higher than the amount stolen from decentralized finance (DeFi) projects through exploits and attacks last month. Beosin also discovered that losses from the exploits in May were down 79% compared to April, signaling a continued decline for two consecutive months. Losses From Rug Pulls Surpass DeFi Exploits Over $45 million was lost to crypto...
Read More »The Fision Uses Blockchain to Ensure the Trustfulness of Its Clothing Line
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up A company called The Fision is using blockchain to create new apparel. T-shirts, to be precise. The firm creates the shirts and sends them out to potential buyers. The big clincher is that they’re made only from trustfully sourced cotton, and blockchain technology is utilized to ensure that all the shirts sent...
Read More »Ripple Explodes 11% Weekly But Bulls Must Now Focus on This Resistance (XRP Price Analysis)
In recent weeks, Ripple’s price has displayed an upward trend, recovering from a notable support level. However, there is still a crucial resistance level that must fall for the market to enter a bullish phase in the coming months. Technical Analysis By: Edris XRP/USDT Daily Chart: The XRP price has consistently increased after bouncing back from the $0.43 support. This level has also been reinforced by the 200-day moving average, while the price has surpassed the 50-day...
Read More »Calm Before the Storm? BTC Attempts to Push Above $27K (Bitcoin Price Analysis)
Bitcoin’s price is currently going through a phase of consolidation and has reached the 100-day moving average of $26,922. However, two significant support areas ahead on its path could potentially halt the ongoing decline and trigger the next bullish rally. Technical Analysis By Shayan The Daily Chart During the consolidation correction stage, BTC dipped slightly below the middle trendline of the ascending channel and tested it as a pullback. However, the Bitcoin price...
Read More »David Marcus Discusses the Future of BTC
Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up David Marcus – the former PayPal executive who worked on Facebook’s failed Libra project – believes that after everything that’s happened over the past two years, that bitcoin will still be the face of both money and payments in the future. David Marcus Sees the Promise in BTC Marcus, in a recent interview,...
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