ADA price is struggling to clear the $2.32 and $2.45 resistance levels against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.40 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more downsides below $2.05 and $2.00. Cardano price is struggling below the $2.50 resistance against the US Dollar, similar to bitcoin. ADA price must...
Read More »Ethereum Price Analysis: ETH Faces Major Hurdle Near $3,160
Ethereum price started an upside correction above $3,000 against the US Dollar. ETH price is now trading below $3,100 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh decline if there is no break above $3,160 in the near term. Ethereum price is showing bearish signs below $3,160 against the US Dollar. ETH/USD could resume its...
Read More »Coinbase Will Let You Get Your Paycheck in Crypto With a Couple of Clicks
Coinbase, the leading cryptocurrency exchange in the United States, announced a few hours ago that american citizens will be able to automatically receive their paycheck in crypto. The new “Get Paid in Crypto” service will allow cryptocurrency enthusiasts to directly receive their paycheck in Bitcoin, Ethereum, or any of the 100+ cryptocurrencies available on Coinbase with little to no effort. Users also have the option to receive payments in U.S. Dollars directly to their...
Read More »China Fully Bans Crypto; Takes Its Hate of BTC to the Furthest Reaches
Bitcoin has been handed a major blow today, and again, it’s all thanks to China. As if it’s not bad enough that the country has sought to destroy the mining presence within its borders, regulators have now deemed all crypto activity – this includes transactions – illegal, and now it’s not just miners that aren’t welcome in China. Rather, no digital currency has any space in the country. China Says “No” to BTC China has long had a very complicated relationship with...
Read More »Celer Network’s cBridge Transaction Volume Doubles to $200M Within a Week
Layer 2 scaling solution, Celer Network, has recorded an impressive milestone, as trading volume on its recently-launched cBridge has surpassed the $200 million mark, a week after reaching $100 million. Celer’s cBridge Volume Hits $217M According to data on the Celer’s analytics webpage, the cBridge currently has a total trade volume of more than $217 million and a transaction count of 33,143. Over the last 24 hours, nearly 2,000 transactions were made on the bridge worth...
Read More »Port Aventura Is the Latest Vacation Company to Say “Yes” to Bitcoin Payments
Port Aventura, a world resort, is currently developing software that will allow its customers to pay for rooms and other vacation-related expenses with digital currencies. Presently, the company boasts several theme parks in Europe along with six hotels that contain approximately 2,300 total rooms. Port Aventura Gives a Greenlight to BTC Payments The software is set to be released in early 2022 and will be installed in every hotel hosted by Port Aventura. From there, the...
Read More »JP Morgan mit erneuter Vergleichszahlung: Manipulation von Gold- und Silberpreis?
JP Morgan: JPMorgan Studie: zunehmendes institutionelles Interesse an Bitcoin Händler der grössten US-Bank JP Morgan tricksten jahrzehntelang auf dem Markt für Edelmetalle und Staatsanleihen: Sie täuschten ein Kaufinteresse nur vor. Vor einem Jahr musste JP Morgan deswegen fast eine Milliarde US-Dollar Busse bezahlen. Nun tauchten erneut Kläger auf. Nach dem verlorenen Prozess vor nur einem Jahr zog es die US-Bank vor, die Kläger ohne zu...
Read More »Scam Plagues Bitcoin.org After Hacker Takes Over Website
Visitors of the Bitcoin.org website recently fell victim to a scam that promised to double their money. Bitcoin.org Was the Recent Host of a Crypto Scam Issues like these are prevalent in the cryptocurrency space, but at this point, it should become rather obvious that anyone (or anything) promising to double one’s money is not a forthright venture. Why would a company simply double your money for the heck of it? Nobody’s that nice or giving, and the maneuver should be a...
Read More »Bitfinex Paid Over $23 Million in ETH Fees to Send $100K Worth of USDT
The cryptocurrency market never ceases to amaze. One of the most popular centralized exchanges – Bitfinex – spent over $23 million worth of fees to send $100K USDT using Ethereum’s network. In what seems to be the most expensive transaction made on Ethereum, Bitfinex, the well-known cryptocurrency exchange, paid over $23M worth of ETH. Interestingly enough, the transaction itself intended to send $100,000 worth of USDT. According to Etherscan, Bitfinex paid a grand total of...
Read More »Emurgo Launched $100 Million Investment Fund to Power DeFi and NFT Projects Building on Cardano
Emurgo, the commercial branch of the Cardano ecosystem, has released a new product focusing on investing in startup protocols that want to build on the Cardano blockchain. This comes after several notable announcements from Charles Hoskinson’s team in the past few days. The official press release reads that the new investment vehicle, which will be a wholly-owned subsidiary of the parent company Emurgo, will have two separate branches with distinctive approaches. Emurgo...
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