Crypto news

Ripple price started a fresh increase above the $0.800 zone against the US dollar. The price is now trading above $0.90 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.9320 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above the $0.950 resistance. Ripple price is gaining pace above $0.900 against the US Dollar, like...

Wyoming Republican Senator Cynthia Lummis has made a name for herself within the cryptocurrency community for her favorable stance on the matter. Now, she will reportedly introduce a comprehensive bill next year. Sen. Cynthia Lummis – a well-known Bitcoin HODLer – will reportedly introduce a cryptocurrency bill next year. It will be covering everything from consumer protections to how crypto is taxed and categorized. The main purpose of the bill would be to provide regulators...

Queenie Tan is a finance expert and social media influencer stationed in Sydney, Australia. In a recent video she posted online, Queenie talks about how to purchase cryptocurrency and some of the things people should do to protect themselves when investing. Queenie Tan Discusses Crypto in New Video In a detailed video message to all her followers, Queenie unveiled a beginner’s guide to discussing how one gets involved in buying cryptocurrency. She also talks about the...

Amid the last days of 2021, Bitcoin is struggling around the $50K price area. The primary cryptocurrency is facing a huge options expiration event on the last day of 2021; hence, the next days are expected to be volatile. Option Market Analysis This Friday, 31st December, about $5.7 B worth of bitcoin’ options contracts will expire on Deribit Exchange. The notional value of all expirations is approximately $10.7B. So comparing to 31 DEC‘s notional value, we can call it a...

Jack Dorsey – the former Twitter head who left that company to focus primarily on Square – is very confident that bitcoin will one day replace the U.S. dollar. Jack Dorsey Believes in Bitcoin The following question was posed on the social media platform by rapper Cardi B: Do you think crypto is going to replace the dollar? Dorsey replied with: Yes, bitcoin will. Dorsey recently exited the Twitter universe he had created as a means of working primarily with Block,...

In the spirit of Christmas, American football rookie quarterback Michael McCorkle “Mac” Jones gifted his teammates with Bitcoin (BTC) as he played the role of Santa Claus on Christmas Eve. Bitcoin as a Christmas Gift Although the amount he shared was not disclosed, Jones gifted bitcoin to 12 of his teammates, making them Bitcoiners for the first time. The list includes Ted Karras, David Andrews, Trent Brown, Yodny Cajuste, Yasir Durant, James Ferentz, Justin Herron, Shaq...

Are you in need of a face lift or liposuction? Thanks to one Beverly Hills plastic surgeon, you can now pay for your cosmetic procedure in cryptocurrency. Beverly Hills Surgeon Has Agreed to Accept BTC Payments Beginning in January of next year, Dr. Babak Azizzadeh – who runs the Center for Advanced Facial Plastic Surgery in Beverly Hills, California – will begin accepting cryptocurrency payments for anyone looking to fix up their bodies and improve their looks. He...

SOL is heading towards the $200 key resistance level. A successful breakout, and retest as support, might likely lead the Solana native cryptocurrency for another shot for its next major resistance level around the ATH. Key Support levels: $187 Key Resistance level: $200, $205 SOL has found a solid horizontal support line amid the $187 level and is currently eyeing the $200 key resistance level. On the other hand, the SOL price had formed an ascending wedge which is a...

Charles Hoskinson, founder of IOHK – the foundation behind Cardano- has shared some of the project’s goals in 2022 via a live Christmas broadcast on Youtube. Hoskinson reflected on the growth of Cardano and the entire crypto industry. He mentioned the non-fungible token (NFT) revolution, the Decentralized Finance (DeFi) boom, and how hackers are targeting DeFi projects, leading to a loss of over $10.5 billion in 2021 alone. Speaking on Cardano’s achievements this year,...

ETH has been successful in keeping its price above $4,000. However, the upwards momentum is weak. Key Support levels: $4,000 Key Resistance levels: $4,435, $4,868 (ATH) ETH’s price is sitting just above the $4,000 support level with little volume or volatility. This is normal considering the weekend and the new year’s holidays. The resistance is some distance away at $4,435, and as it seems now – it likely will not be tested any time soon. Momentum might return in the coming...