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Late July Rate Hikes Actually Caused Bitcoin to Surge

Late July saw bitcoin rise above the $23,000 mark for the first time in over a week. The world’s number one digital currency saw itself spike after the Fed decided to push rates another 75 points. Bitcoin Spikes Following Rate Hikes The behavior is just more proof that bitcoin is very unpredictable, as up to this point, ongoing rate hikes have often been the leading culprit behind the bitcoin dips we’ve been witnessing in recent weeks. Bitcoin has been on something of a...

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Black Enterprise Unveils First Ever Crypto Summit

Black Enterprise – a program that focuses on wealth building in the black community – is putting together its first Future of Financial Services summit which will focus on fintech, cryptocurrency, and wealth. Black Enterprise Introduces Crypto to Attendees The idea is to give more African Americans the opportunity to invest in cryptocurrency and add blockchain projects to their portfolios. Up until this point, it is widely believed that the standard financial market has...

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What’s next for digital currencies? Here’s what experts have to say about the future of crypto

The whole world has fallen in love with cryptocurrencies over the past few years. What people once regarded as a rather strange or even downright ludicrous idea, has turned into a global phenomenon, and a reality that we can’t deny. Digital currencies have made their way into the mainstream and they’re not going anywhere. If anything, judging by their evolution, crypto popularity is only going to increase in the years to come. If you think about it, what’s not to like...

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7 spannende Blockchain Jobs mit Zukunftspotenzial

Die Blockchain-Welt ist sehr spannend. Sie hat das Potenzial, in der Zukunft vieles in unserer Gesellschaft, Wirtschaft und unserem Alltag zu revolutionieren. Wenn du an dieser Entwicklung teilhaben und sogar deinen Lebensunterhalt damit bestreiten möchtest, kannst du einen Blockchain Job annehmen. In diesem Artikel stelle ich dir sieben Möglichkeiten vor, wie du im Blockchain-Bereich mitarbeiten kannst. Dennis Streichert beschäftigt sich neben seiner Tätigkeit als IT-Berater mit der...

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EOS Price Analysis: Bulls Aim More Gains Above $1.75

EOS price rallied and was able to clear the $1.60 resistance against the US Dollar. The price is now trading above $1.60 and the 55 simple moving average (4-hours). There is a declining channel forming with resistance near $1.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.64 and $1.60 support levels. EOS price is rising above $1.60 against the US Dollar, similar to bitcoin. The price...

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Litecoin (LTC) Price Analysis: Recovery Could Be Capped Above $60

Litecoin started a fresh decline from well above the $62 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC...

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Miami Crew Faces 30 Years in Prison for Running a Fraudulent Crypto Scheme

The US Department of Justice (DOJ) charged three residents of Miami – Esteban Cabrera Da Corte, Luis Hernandez Gonzalez, and Asdrubal Ramirez Meza – with defrauding banks and a cryptocurrency platform for over $4 million. The men used fake identification to buy digital assets, while later, they lied to financial institutions that the transactions were not authorized so they could net more money. For their crime, the trio faces up to 30 years in Federal prison. Halting the...

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Crypto Trader Cobie Donates $100K To Youtuber Fighting Bitboy’s Defamation Suit

Two prominent YouTube content creators – Erling Mengshoel (aka Atozy) and Ben Armstrong (aka BitBoy Crypto), are at loggerheads over a video made almost a year ago. With the dispute taking a legal turn, Atozy, for one, has found an unexpected ally in popular crypto personality – Cobie. Cobie, whose real name is Jordan Fish, has come to Atozy’s rescue. To help defend the lawsuit, the UpOnly podcast host has donated $100,000 to the YouTuber. In a brief Twitter thread, Atozy...

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Tether Hasn’t Sanctioned Tornado Cash Transfers, Unlike USDC

Tether – the issuer of USDT, the world’s largest stablecoin – is yet to freeze addresses associated with the privacy protocol Tornado Cash. That means USDT holders can still technically use the smart contract to obfuscate their funds.  However, it remains unclear whether Tether’s permissiveness amounts to a violation of U.S. sanctions. Tether and Tornado According to a statement from Tether on Wednesday, the Office of Foreign Assets Control (OFAC) has established no...

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This is How Long Coinbase CEO Thinks the Crypto Bear Market Will Last

Brian Armstrong – Chief Executive Officer of Coinbase – expects the ongoing crypto winter to last around 12 to 18 months. However, he admitted that his company is prepared for a prolonged bear market because it coincides with a broader macroeconomic crisis. Armstrong believes Coinbase will not have problems enduring the negative conditions since it has passed through similar market declines four times in its ten-year-old existence. It Should be Over by the end of 2023 In a...

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