Crypto news

ADA price declined below $1.00 and $0.92 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.945 on the 4-hours chart (data feed via Bitfinex). The price could extend decline if there is a clear move below the $0.800 support zone. Cardano price is struggling below $1.00 against the US Dollar, unlike bitcoin. ADA price could start a recovery wave if...

Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $3,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,480 support zone. Ethereum price is gaining bearish momentum below $3,000 against the US Dollar. ETH/USD remains...

INTERNET CITY, DUBAI, Feb. 21, 2022 – LBank Exchange, a global digital asset trading platform, will list HRDGCOIN (HRDG) on February 23, 2022. For all users of LBank Exchange, the HRDG/USDT trading pair will be officially available for trading at 17:00 (UTC+8) on February 23, 2022. The world today is facing significant energy/waste problems and sustainability challenges, more and more energy companies is looking for ways to improve industrial processes, promote...

A new cryptocurrency-themed restaurant called “Doge Burger” has launched in Dubai, allowing customers to pay for their food using digital assets. It will offer many “doge-inspired” burgers which can be delivered directly to customers’ doors. As revealed by Dogeburger’s Instagram page, Doge Burger went live and began accepting orders on Thursday. The restaurant will offer food delivery directly to people’s doors, including various fry and burger options. Its packaging appears...

It can be argued that El Salvador wants to become a completely sovereign nation. This is potentially why the country is looking to get rid of fiat and become so dependent on bitcoin. It wants to be completely independent and not have to rely on any other region. El Salvador Wants to Be in Charge of Itself Thus, it makes sense that Nayib Bukele – the president of El Salvador – doesn’t want a bunch of U.S. senators and politicians sticking their big noses into his bitcoin...

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...