Crypto news

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ADA price seems to be forming a support base above the $0.35 level against the US Dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.348 on the 4-hours chart (data feed via Bitfinex). The price could gain resume its increase if it clears the $0.380 and $0.388 levels. Cardano price is showing positive signs above $0.350 against the US Dollar, similar to...

Ethereum price is gaining pace above the $1,550 level against the US Dollar. ETH price is now trading above $1,500 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,680 resistance zone. Ethereum price is rising above the $1,550 level against the US Dollar. ETH/USD could rise further if it clears the $1,680...

Gemini – the Winklevoss-owned cryptocurrency exchange – has commenced its third round of job cuts in under a year, dismissing another 10% of its workforce.  Cameron Winklevoss claims the layoff was motivated by a combination of macroeconomic pressure and “unprecedented fraud” within the crypto industry. Gemini’s Shrinking Team As reported by The Information on Monday, the outlet received an internal message from Winklevoss stating that he’d been left with “no choice” but to...

One of the poorest countries – the Central African Republic (CAR) – formed a team of 15 agencies, whose responsibility will be to draft a “comprehensive” cryptocurrency bill. The nation made the headlines last year, becoming the second after El Salvador to embrace bitcoin as a legal tender. Another Crypto Step Faustin-Archange Touadéra – President of the Central African Republic (CAR) – revealed that the government established a committee of 15 experts to design a pertinent...