Crypto news

A woman named Rhonda has utilized the assistance of some friendly “white hat” hackers to help her recover her lost bitcoin stash. Rhonda Really Needed Her BTC Back Back in 2013, when bitcoin was trading for around $80, Rhonda got into the crypto craze and decided to purchase six units of the popular currency. In an interview, she stated: I used to listen to a radio talk show, and they started talking about crypto and bitcoin, so I got interested. Back then, buying it was...

Digital asset platform Bakkt Holdings has teamed up with Valliant Bank, an institution that provides financial services, to bring a seamless crypto experience to the bank’s customers. According to a press release on Monday (February 14, 2022), Valliant Bank would enable customers to easily buy, sell, and hold bitcoin (BTC), ether (ETH), and other altcoins within the bank’s digital banking infrastructure via the Bakkt crypto connect solution. Bakkt’s program, which is...

New York City mayor Eric Adams is a crypto bull. There’s no denying that. He seems to really take bitcoin to heart. He loves the technology behind it, and he’s so confident in its abilities, he has stated that he wants crypto taught in schools so children are ready and prepared for what will surely be a crypto-dominated financial system in the future. Eric Adams Doesn’t Seem to Understand Where Crypto Comes From All this sounds fine and dandy, but if there is anything...

A fortnight packed with important developments on the economic front, Indian Finance Minister Nirmala Sitharaman and Governor of India’s central bank Shaktikanta Das told the media that there is complete harmony between the two government bodies on the cryptocurrency front. Crypto Makes Headlines in India In the budget presentation for 2022-23 on February 1, Sitharaman proposed a flat 30% tax on all incomes from crypto activities. She also announced the introduction of...

Popular crypto-exchange Coinbase saw its shares spike as the markets opened today, after bringing millions of Superbowl viewers to their site on Sunday. Coinbase was trading 5% down on the Nasdaq over the weekend. However, their stock is back up 3% as of Monday, trading at about $200. The movement comes following a successful Superbowl ad campaign from the exchange, where it competed against other noteworthy ads from Crypto.com and FTX. The ad announced $15 in free Bitcoin...

Let’s just say it. Joe Biden is arguably shaping up to be the worst president in the history of the United States. Between the border crisis, the Afghanistan debacle, a failing economy, inflation, and his attempts to implement unconstitutional COVID vaccine mandates, many likely feel that the White House is occupied by a man who has no idea what he’s doing. Biden Has Potentially Threatened the Crypto Space Biden’s list of failures extends quite far for someone who’s only...

After opening its very own institutional-grade digital asset exchange, Singapore-based DBS Bank is eyeing the expansion of a similar trading offering, but this time, catering to retail investors. It is expected to launch by the end of 2022. DBS’ Upcoming Retail Digital Assets Trading Desk DBS CEO Piyush Gupta believes that the expansion plans will take a lot of work, including potential fraud and others, but expects the launch of the platform by the year-end. On a recent...

Key Support levels: $1.6, $1.4 Key Resistance levels: $1.8, $2 MATIC’s price saw a sharp drop after hitting the $2 resistance and fell all the way to $1.6 at the time of this post. If the correction continues, then the cryptocurrency can rely on good support at $1.4. The current resistance sits at $1.8. Chart by TradingViewTechnical Indicators Trading Volume: In the past five days, the volume has closed in red, singling a strong pullback after buyers failed to push MATIC...

Key Support levels: $2,805, $2,200 Key Resistance levels: $3,000, $3,400 ETH failed to sustain the rally and broke the uptrend, with prices now falling to the key resistance at $2,800. Bulls have the last chance to defend there. If they fail, then the next key support is found at $2,200. The $3,000 level has turned into resistance and buyers seem unlikely to have the momentum to push the cryptocurrency back above it. Chart by TradingViewTechnical Indicators Trading Volume:...

The Canadian rapper Aubrey Drake Graham, popular among music fans as Drake, made a major $1.26 million bet worth of bitcoin on the Super Bowl match between the Los Angeles Rams (LA Rams) and the Cincinnati Bengals. He seems to have good prediction skills since he profited $300,000 after the referee’s final whistle. Drake’s Bitcoin Bets The Super Bowl’s match traditionally garners the attention of millions of Americans each year. Last night’s game was watched by over 90...