Crypto news

A few years after banning the usage of digital assets within its borders, Tanzania is heading towards a full 180-turn. The nation’s central bank asserted today that it has begun working on a recent directive from the President to adopt cryptocurrencies. CryptoPotato reported a few weeks back when Tanzania’s President – Samia Suluhu Hassan – highlighted the need for the country to adopt digital assets. A Reuters reported from June 25th showed that Tanzania’s central bank plans...

[PRESS RELEASE – Please Read Disclaimer] Scalable solution, a blockchain company enabling cryptocurrency payments for merchants to receive or send instant payments. Cryptocurrency is becoming a next-generation payment choice among merchants and customers. Every day, more and more people are using connected devices to make payments. The adoption of digital currency is not limited to laptops but also reaches across the industry like tablets, phones, IoT devices, and...

This week was a complete rollercoaster in the cryptocurrency market. Unfortunately, things failed to turn out for the better and the majority is trading in the red. Bitcoin Bitcoin is down a steep 11.7% this week as it currently trades beneath $34,000. The cryptocurrency started the week by dropping into support at $31,185 (downside 1.618 Fib Extension) on Monday. On Tuesday, it took a brief dive beneath $30K for the first time since January 2021. It dropped as low as...

After laughing at Jack Dorsey’s proposition for a Bitcoin conference earlier, Elon Musk has actually agreed to a BTC conversation with the CEO of Twitter at the event. As reported earlier, Elon Musk likes to have fun with the cryptocurrency community. Perhaps that’s why he initially laughed at Jack Dorsey’s most recent Bitcoin endeavor. The CEO of Twitter announced plans to hold a designated BTC event aiming to “help protect and spread what makes bitcoin open development so...

[PRESS RELEASE – Please Read Disclaimer] Over the years, the European Championship has always been an exciting competition to look forward to for fans of competing nations and football lovers worldwide. There is the assurance of highly entertaining, unforgettable, and thrilling games as different countries compete for continental glory. Euro 2020 has undoubtedly met expectations and fulfilled some of those promises, with so much more in the bag as the competition progresses,...

[PRESS RELEASE – Please Read Disclaimer] The cryptocurrency market has left people wondering about the long-term growth prospects and which cryptocurrency they should invest in. Solanax is an automated market maker (AMM) based on the Solana blockchain, which is set to be a game-changer in the cryptocurrency world. The SolanaX Platform After parsing through their team of professionals, whitepapers, their project plans, and unique platform capabilities, there is no doubt that...

The ever-expanding next-generation decentralized NFT platform NEFTiPEDiA provides users with an extensive NFT ecosystem although celebrating digital currencies with digital art in a novel way. Furthermore, the NEFTiPEDiA promotes the growth of creators, digital artists, investors, and collectors from all ecosystems. The primary goal of NEFTiPEDiA is to encourage artists to increase their revenue streams through NFTs. The platform also intends to provide the marketplace...

Bitcoin cash price is recovering from the $400 support zone against the US Dollar. The price is still well below $550 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could start a major increase if it clears the $500 resistance and then the 55 SMA. Bitcoin cash price is slowly moving higher above $450 against the US Dollar,...

The number of US city mayors, whether current or running, supporting bitcoin continues to grow. After Miami’s Francis Suarez, the favorite to win the race in New York City, Eric Adams, promised to make NYC different in a year, including becoming the “center of bitcoins.” BTC Going to NYC? Running as a Democrat, Eric Adams is a polarizing figure that managed to get ahead in the race through an old-school strategy by receiving support from Black and Latino voters with unions....

Jim Cramer of CNBC and “Mad Money” fame said in a recent interview that he has sold most of his BTC. Jim Cramer Has Parted Ways with Most of His BTC In a statement, Cramer mentioned the following: Sold almost all of my bitcoin. I do not need it. Cramer cited China’s position on bitcoin as the main reason as to why he sold his crypto stash. He says that the country is working hard to kill the entire bitcoin system, not just the mining space. He says that bitcoin is a...