Tag Archives: News

Stellar lumen price is facing a lot of hurdles near $0.0735 and $0.0750 against the US Dollar.XLM price is currently declining and it could revisit the $0.0670 support area.There was a break below a key contracting triangle with support near $0.0712 on the 4-hours chart (data feed via Kraken).The pair must climb above $0.0735 and $0.0750 to start a strong increase in the near term.Stellar lumen price is facing many resistances against the US Dollar and bitcoin. XLM could decline towards the...

Ripple price is struggling to climb above the $0.2850 resistance area against the US dollar.The price is currently declining and it might test the $0.2645 support level.There is a key bearish trend line forming with resistance near $0.2805 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair must climb above $0.2805 and $0.2850 to start a strong increase in the coming sessions.Ripple price is currently struggling below $0.2850 against the US Dollar. XRP price could dip...

While Libra may not have that many fans as of late, it looks like some companies are simply dying to jump on board.Libra Gains a Pal in ShopifyThe Libra Association has just announced that Shopify – an e-commerce platform provider – has entered the frame and will be responsible for the decision-making processes surrounding Libra and Calibra in the coming future. Shopify states that the addition of Libra to the financial spectrum is likely to increase the strength, durability and safety behind...

Christopher Giancarlo, the CFTC former head, says that the U.S. should issue the digital dollar to compete with other CBDCs. Giancarlo claims that the CBDC dollar is not a competitor to Bitcoin, Ethereum, TON or Libra.Not only the CFTC former head thinks that the FED should issue dollar like bitcoins, but he also states that bitcoin itself can be used as a digital dollar or gold.During Yahoo’s ‘On the Move‘ on Thursday, Christopher Giancarlo said that the Chinese government will create some...

The U.S. government has concluded a deep investigation into what Wells Fargo has been doing in the last 15 years. The bank is paying billions to the state now because their cheatings were hurting the clients.Wells Fargo, SEC, and the DOJ are driving in another financial drama. Wells Fargo went ahead to forging the client’s signatures on a contract, putting the client’s money to unauthorized accounts, and lying to the investors. They also performed personal data theft, making the clients...

Layer1 Technologies – a bitcoin mining startup operating in West Texas – has opened its doors for business.Layer1: We Want to Compete with ChinaThe company has specifically mentioned that it’s looking to counter bitcoin and crypto mining activity in China, which up until this point, has long been considered the world’s number one bitcoin and digital currency haven. At the time of writing, Layer1 has unveiled several 2.5-megawatt containers and is extracting several new coins.The history of...

Randal Quarles – the chair of the Financial Stability Board and U.S. Federal Reserve governor – believes that nobody is taking bitcoin and other cryptocurrencies seriously enough, which could potentially bear harsh consequences for the world’s many banks.Randal Quarles – People Need to Wake Up When It Comes to CryptoQuarles points to things like Libra and says that this cryptocurrency and others like it are signs that the financial space has changed extraordinarily over the past year alone....

Proof of Keys was a concept first introduced by Satoshi Nakamoto, the legendary figure behind the birth of bitcoin, but it’s now being promoted further by the likes of Trace Mayer, the host of the “Bitcoin Knowledge” podcast.Mayer: Proof of Keys Is What Keeps BTC in the Hands of the PeopleFirst discussed when bitcoin was released to the public over ten years ago, the concept behind proof of keys involves getting rid of all the trust issues in the monetary space by having people interested in...

Square is utilizing the new video-sharing app Tik Tok to spread the word to young people about bitcoin and cryptocurrency.Square and Tik Tok Work to Make BTC MainstreamSquare is run by Twitter CEO Jack Dorsey, who has always been a huge advocate of BTC. In the past, Dorsey has stated that bitcoin could become the world’s “single” cryptocurrency, and in 2018, stated that this was likely to be the case within a period of ten years.He has also commented that bitcoin is on the verge of becoming...

Imagine you run an illegal business in which people pay for your marijuana with bitcoin and other forms of crypto. Where would you hide all that money? Where would you put it?Marijuana and Bitcoin Don’t Always Go TogetherClifton Collins in Ireland recently found himself facing this dilemma. Collins garnered as much as 55 million pounds in bitcoin units from an illegal cannabis business he had been running for as long as 15 years. All these bitcoins came with specific codes that would allow...