Crypto news

A company called Stockpile – which is billed as the “simplest way” to invest in stocks – is looking to introduce kids and young people to crypto investing. The company’s executives feel it’s never too early to start learning about proper investing methods, and they think getting kids on the right track early will not only assist them, but ensure the world is in a stronger place from a financial perspective. Stockpile Wants to Bring Kids and Crypto Together The thinking...

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ADA price is signaling a bearish bias below the $0.35 support zone against the US Dollar. The price is now trading below $0.320 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.314 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to surpass the $0.320 resistance zone. Cardano price is struggling below $0.32 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price is struggling to clear the $1,250 resistance zone against the US Dollar. ETH price is now trading near $1,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,225 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,235 resistance zone. Ethereum price is struggling below $1,250 against the US Dollar. ETH/USD remains at a risk of more losses if...

A significant outflow of funds belonging to Binance set off alarms in the cryptocurrency community today. According to a Tweet from Whale Alerts, the exchange pulled out more than 127,000 BTC in a single transaction, depositing the coins in an anonymous wallet address. 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 🚨 127,351 #BTC (2,062,504,721 USD) transferred from #Binance to unknown wallethttps://t.co/zNYPuJuoRe — Whale Alert (@whale_alert) November 28, 2022 Of course, it was to be expected that,...

The U.S. Office of Foreign Assets Control (OFAC) has made it clear that it will keep imposing fines on cryptocurrency exchanges for alleged violations of the U.S. sanctions system. This time it was the turn of Kraken, one of the oldest crypto exchanges in the U.S. Who will be next? Kraken, a well-known American crypto exchange, agreed to pay a fine of more than $362,000 to the Treasury Department’s Office of Foreign Assets Control (OFAC) for “apparently” violating U.S....