Crypto news

[unable to retrieve full-text content]CoinspeakerGoldman Sachs: India to Become World’s Second-Largest Economy Overtaking US by 2075 Goldman Sachs notes that India's lowering dependency rate, emphasis on infrastructure boost, and capital investment inflows will spearhead the country's economic output in the next few decades. Goldman Sachs: India to Become World’s Second-Largest Economy Overtaking US by 2075

Stellar lumen price started a downside correction from the $0.1180 zone against the US Dollar. XLM price is now trading below $0.1050 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.100 on the 4-hour chart (data feed via Kraken). The pair could start another increase if it clears the $0.10 and $0.102 resistance levels. Stellar lumen price is trading above $0.095 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.4950 zone against the US dollar. The price is now trading below $0.485 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.476 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.485 resistance zone. Ripple price is struggling below $0.485 against the US Dollar, similar to Bitcoin. XRP...

The Portuguese soccer megastar Cristiano Ronaldo launched a new NFT collection called “Forever CR7: The GOAT.” The digital items are live on Binance NFT Marketplace and depict historic goalscoring moments from his career. Ronaldo’s memorable bicycle kick goal against Juventus in 2018 is featured as a Super Super Rare NFT with a bidding price of 15,000 USDT.  A Closer Look of CR’s NFTs The world’s largest cryptocurrency exchange inked a deal with one of the greatest soccer...

Conor Grogan – the head of product at Coinbase – said he found $322,000 worth of digital assets that belonged to a person who was unaware of that since the funds were transferred after Ethereum’s hard fork in 2016. The executive discovered that the owner of the crypto stash had previously become a victim of hackers who drained their entire life savings. Lucky Day for Numerous Investors Thanks to Grogan Coinbase’s director announced on Twitter that he had tracked down “6+...

Cynthia Lummis – the republican senator of Wyoming – has proven herself to be a major bitcoin bull. During the recent Miami Bitcoin Conference, Lummis made an appearance and commented that bitcoin and cryptocurrencies could help clean up the environment. Cynthia Lummis on the Power of Crypto She explained: One of the advantages of bitcoin mining is that when you drill an oil and gas well, and it is distant from other oil and gas wells, you vent the gas into the...

After the recent surge in Bitcoin’s price and the successful breakout above the significant $30K resistance level, the market is now undergoing a period of consolidation. However, noteworthy signals are emerging during this phase. Technical Analysis By: Edris The Daily Chart: On the daily chart, the price has repeatedly tested the $30K level since breaking above it recently. While this level has provided support so far, there are concerning indications in the form of a...

With less than a year remaining until Bitcoin’s fourth ever halving, speculation has already begun on whether this one will be followed by the same or similar bull runs as the previous ones. In-depth data shows that the asset’s price performance has been rather identical before and after the last two such events. The Halving Effect Upon creating the network, the anonymous developer Satoshi Nakamoto incorporated an event called the halving, which occurs every 210,000 blocks...

The Gemini exchange in New York is relocating to Dublin, Ireland, and joins a growing list of digital currency exchanges and related companies leaving the U.S. either due to complicated regulations or persecution from agencies like the Securities and Exchange Commission (SEC). The Gemini Sets Its Sights on the Emerald Isle The crypto industry in the U.S. has been under heavy scrutiny from organizations like the one mentioned above. Its head, Gary Gensler, has gone...

The United States Securities and Exchange Commission has issued a response to Coinbase’s recent filing, in which it claims that the exchange made a “calculated decision” to act as an unregistered securities intermediary. The company filed to dismiss the SEC’s charges back in June. The agency launched a full-on legal operation against two of the behemoths of the crypto industry in early June when it filed consecutive lawsuits against Binance (and its US affiliate) as well as...