Bitcoin’s indecisive price movements have continued in the past 24 hours, with the cryptocurrency staying above $60,000. Binance Coin has been among the best performers from the larger-cap alts as the asset has neared its ATH. BNB Eyes New ATH; AVAX Up 12% Most alternative coins were slightly in the red yesterday, as reported, but the landscape is relatively different today. Ethereum had fallen below $4,500, but a minor 2% increase on a 24-hour scale has driven the...
Read More »4% of Americans Have Quit Their Jobs After Profiting from Cryptocurrency Investments: Survey
Data from the research company Civic Science revealed that roughly 4% of US residents have resigned from their jobs over the past 12 months as they have made sufficient profits from cryptocurrency investments. Interestingly, the majority were low-paid workers with annual salaries of less than $50,000. Crypto Gave Them Reason Not to Work The poll conducted by the consumer intelligence platform – Civic Science – added that a further 7% of the participants know someone who has...
Read More »Bitcoin Trades Sideways As US Congress Passes The Controversial Infraestructure Bill
The US Congress has just passed legislation that could potentially change the way Americans think about Bitcoin and the cryptocurrency industry. The approval of the infamous Infrastructure Bill, which received a final vote of 226 to 206, is a controversial moment for the budding industry. If the bill is signed by US President Joe Biden, then most of the crypto businesses registered in the United States —like Coinbase, Kraken, or even a DEX developed in America— would be...
Read More »Commonwealth Bank in Australia Will Give Customers Access to Crypto
A major bank in Australia known as the Commonwealth Bank will allow users to buy and sell cryptocurrencies through its app. This is a first for such a major institution in the Outback nation. The Commonwealth Bank Is Bringing Crypto to Customers The bank has established partnerships with firms such as the Gemini Exchange in New York and blockchain analysis company Chainalysis to offer the new app to its more than six million users. Individuals can utilize the tool to...
Read More »Sino-Global Experiences Management Shifts So It Can Focus on Crypto
Sino-Global Shipping America, Ltd. Is looking to expand its growth in the cryptocurrency market. To do this, the company is experiencing some solid changes in management. Sino-Global Is Shifting Towards Crypto For example, Sino-Global chairman and chief executive officer Lei Cao has stepped down from his latter role with the company. Having been with the company for roughly 20 years, he will remain chairman of Sino-Global, but will not serve in an executive capacity. The...
Read More »Ripple Price Analysis: XRP Rejected at $1.2 but Bullish Momentum Remains
Key Support levels: $1.13; $1.06 Key Resistance level: $1.2; $1.4 As predicted in our last analysis, XRP rallied to $1.2 but was then quickly rejected by the bears and pushed lower to the support at $1.13. This shows that the bulls still do not have enough strength to sustain a rally. For now, the support level holds and may lead to another attempt from bulls to break above $1.2. If successful, this can push XRP higher towards $1.4. Chart by TradingViewTechnical Indicators...
Read More »New Crypto Scam Makes Its Way to Florida
A new cryptocurrency scam is making its way through the digital space, and it’s got the attention of officials in the state of Florida. Regulators are now warning all crypto investors to watch out. How One Scam Is Getting So Much Attention State Attorney General Ashley Moody is referring to the scam as a “bait-and-switch” scheme. The operation works by assisting crypto investors with legitimate trades. Thus, things appear correct, and traders feel like they don’t need to...
Read More »Shiba Inu Price Analysis: SHIB Bounces Up But What’s the Next Target for the Bulls?
Key Support level: $0.000055 Key Resistance level: $0.000063 SHIB recovered most of the losses from this past week with a 50% rally yesterday in a considerable price swing. However, the big question is if SHIB made a lower high. At the time of this post, SHIB is still trying to move above the key resistance at $0.000063. A failure to close above it would confirm the lower high, and that would likely lead to bears taking control of the price again. The price is currently...
Read More »Canadian Investment Giant IGM Could Launch Bitcoin and Ethereum Products in 2022
IGM Financial Inc., a 40-year-old Canadian wealth manager, could be next in line to launch Bitcoin and Ethereum services for its clients, suggested the company’s CEO, James O’Sullivan. Founded in 1978, IGM Financial is a large Winnipeg-based investment company with over $260 billion in assets under management. The firm’s Chief Executive Officer – James O’Sullivan – asserted in a recent interview that internal discussions have already begun in regards to adding the two largest...
Read More »Details zum Digitalen Euro veröffentlicht
Dass im Hintergrund die Zentralbanken ihre eigenen digitalen Währungen vorbereiten, ist schon seit langem bestätigt. Doch nun sind neue offizielle Details zum Digitalen Euro von der Europäischen Zentralbank selbst veröffentlicht worden. Crypto News: Details zum Digitalen Euro veröffentlichtLetztlich klingt die Veröffentlichung vor allem wie eine Werbebroschüre für einen zentralen Cryptocoin unter Kontrolle der EZB. Natürlich versucht man besonders den Sicherheitsaspekt in den Vordergrund zu...
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