Crypto news

David Hansson – creator of full-stack framework “Ruby on Rails” – recently confessed that his absolute anti-crypto stance was misguided. In light of Canada’s recent sanctions against Canada’s trucker convoy, he now sees a use-case for cryptocurrency – even in Western democracies. “I Was Wrong,” Says Hansson The dev stack creator explained his revised position in a blog post earlier today, titled “I was wrong, we need crypto”. By no means a total convert, he was still sure to...

ConocoPhillips – one of the biggest producers of oil and gas in the world – is entering the crypto mining space. The company announced early last week that it is heading a bitcoin mining pilot project in what’s known as the Bakken, a region in North Dakota popular amongst new producers of energy in the U.S. ConocoPhillips Has Found a Way to Put Excess Oil to Use A spokesperson for the company explained that ConocoPhillips is not operating the project itself. Rather, it’s...

The Canadian businessman and television personality – Kevin O’Leary – views bitcoin as a coin, currency, and software. He believes that having exposure to BTC is the same as holding positions in giant corporations such as Microsoft or Yahoo. In addition, O’Leary predicted that BTC could surge to $300,000 once there is regulatory clarity in the industry. Bitcoin Is Like the Big Players Numerous celebrities have changed their stance on bitcoin over the years, and Kevin O’Leary...

Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency industry and will hire as many as 500 individuals in the coming year to facilitate its ongoing crypto projects. Mastercard Is Building Its Crypto Services Mastercard is seeking to lend itself out as a consultant of sorts to businesses and enterprises everywhere looking to set...

Though the major static and dynamic support lines failed on a daily time frame, the long-term holders’ sell pressure (inflows to all exchanges) was reduced after failing the $39K support levels. A consolidation phase in the $36K-$40K range is the most expected behavior for the mid-term window. Technical Analysis By: Edris Long-Term Bitcoin price has lost two significant supports in the last couple of days, and the hopes for a recovery turned into fear. BTC is currently...

Key Support level: $0.70 Key Resistance levels: $0.96, $1 Despite high volatility and bears pushing the market in the red, XRP has managed to remains somewhat stable and continued to consolidate in the blue pennant (represented in blue on the below chart). Price remains in a key range between $0.70 as support and $0.96 as resistance. However, selling pressure is building up, and if XRP buyers can’t absorb it, then the cryptocurrency may fall to the critical support. Chart by...

Key Support level: $0.000023 Key Resistance levels: $0.000028 SHIB fell below the critical level at $0.000028, which has now turned into resistance. The next support is found at $0.000023. The current downtrend in price is unlikely to stop until SHIB reaches the key support. Chart by TradingViewTechnical Indicators Trading Volume: The volume remains low and gives no indication of recovery. Sellers have dominated the chart so far. RSI: The daily RSI fell under 50 points and is...

Recently leaked documents allege that the giant private bank Credit Suisse had held hundreds of billions of dollars of clients alleged or involved in drug trafficking, corruption, torture, money laundering, and other serious crimes. This comes years after the bank bashed the cryptocurrency industry, claiming that bitcoin presents money laundering challenges. The Leaked Documents A whistle-blower shared compromising data on more than 18,000 bank accounts holding over $100...

Jake Paul, Soulja Boy, and a slew of other A-listers such as Nick Carter, Ben Phillips, and Lil Yachty have been sued for their involvement in the cryptocurrency project SafeMoon. The lawsuit, which named SafeMoon LLC and its subsidiaries, alleged that the celebs lured in investors with misleading promotions. Celebrity Endorsements Critical to SafeMoon’s Success? According to the official document, the plaintiffs accused the celebrities of being responsible for the artificial...

INTERNET CITY, DUBAI, Feb. 22, 2022 – LBank Exchange, a global digital asset trading platform, has listed nOFTEN (NOF) on February 22, 2022. For all users of LBank Exchange, the NOF/USDT trading pair is now officially available for trading. The emergence of NFT makes it possible to turn real-world objects into digital assets in a way that has never been seen before. Bringing-in the biggest entertainment industry in the limelight of the blockchain revolution, nOFTEN (NOF)...