Bitcoin price failed to test the $8,000 resistance and declined below $7,500 against the US Dollar.The price is now trading above the key $7,060 and $7,000 support levels.There is a key bullish trend line forming with support near $7,160 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is above the $7,000 support area.Bitcoin price is approaching a couple of important uptrend supports against the US Dollar. BTC remains well...
Read More »Hassan Rouhani: All Muslim Regions Should Utilize a Single Cryptocurrency
Hassan Rouhani – the president of Iran – has suggested that all Muslim nations should come together and utilize a single cryptocurrency as a means of standing against U.S. sanctions and “manipulation.” He also suggested that relationships built through cryptocurrencies could potentially bring all participating nations closer together.Rouhani: Crypto Can Unite Us AllRouhani spoke at a recent summit in Kuala Lumpur – the capital of Malaysia – and commented:In the past, Prime Minister Tun Dr....
Read More »Report: Startup Employees Don’t Believe the Hype Surrounding Cryptocurrency
No doubt cryptocurrency can do a lot of good for the world. It can provide third-world nations with the financial means necessary to care for their residents. It can give people who don’t have valid access to credit or appropriate monetary tools the chance to pay for goods and services, and it can revamp our digital banking system into something that is controlled strictly by the people who use it – not by outside parties or middle men.Cryptocurrency Doesn’t Have All the Support It...
Read More »The Overall Value of Ripple Has Exploded Thanks to a New Funding Round
Ripple – the third-largest cryptocurrency by market cap – has allegedly completed a funding round in which the company got its hands on $200 million. This takes Ripple’s net value to a whopping $10 billion.Ripple Is Heading to the TopThe round was led by Tetragon, an investment company stationed in New York. Other companies to take part in the event include Japan’s SBI Holdings and the venture capital firm Route 66 Ventures in Virginia.Ripple head honcho Brad Garlinghouse comments:We are in a...
Read More »Apple Is Going to Launch Its Esports Mac in 2020
Apple esports Mac is taking over the gaming market with a high-end version of its popular line of laptops. Esports in recent years has seen an exponential rise. It has all the chances to become an official sport soon. Reports say that esports may also join the Olympics. Professional gaming is gaining traction and recognition. High schools and even colleges are already launching gaming clubs. This is a sign that this is another professional activity that many young people are going to go...
Read More »Why YouTube Bans Crypto-Related Videos?
Even though Google tracks Santa and seems to be very Christmas-like, it doesn’t seem to care for the crypto community at all. YouTube, the Google-owned video-sharing platform apparently started restricting or even deleting crypto-related videos or those who were flagged to be that way. Some crypto influencers even said their videos or even the whole channels were completely removed. The founder of Skill Incubator, a company that teaches valuable skills to help people thrive in today’s...
Read More »American Economist Jeffrey Tucker Calls XRP Actively Used by Ripple ‘Brilliant Technology’
XRP is one of the worst performers this year, among the top-ten cryptocurrencies. However, economist Jeffrey Tucker has praised XRP that is actively used by Ripple in its solutions. And he even called it a “brilliant technology”. Tucker, who is currently the editorial director at the American Institute for Economic Research (AIES), expressed his views during an interview on the “Boom Bust” episode on Russia Today.He added that Ripple is currently riding on the failures of the traditional...
Read More »Commun Is Launched to Start New Wave of Social Media Decentralization
Social network Commun, a fork of Steemit—a decentralized social media network that looks like Reddit, which is created on Web3 technologies base, announced it has successfully launched its mainnet for online communities.The platform is composed of Decentralized Autonomous Communities (DAC) and it is made to act as a web, Android, and iOS portal. Through this, the users can assemble different interest-based forums and groups to share, read, watch, rank, and discuss content with others.Commun...
Read More »Here’s the Best 2020 Financial Advice from Five Millionaires
The right financial advice is the best way for anyone to join the rank of millionaires. Regardless of what your income level is, there is an ever-present need to make very smart financial decisions. This is one of the best ways to ensure bankruptcy is avoided. However, apart from simply avoiding bankruptcy, there’s a need to avoid stagnancy.Making sure that money doesn’t run out will never be enough. You have to take deliberate steps and make conscious efforts to ensure that there is...
Read More »Thomson Reuters New Tool Will Help to Deal with Cryptocurrency Taxes
The new Thomson Reuters tax tool is set to report cryptocurrency taxes within the crypto space. Sources indicate that Reuters GoSystem Tax RRS Products will also include a “Virtual Currency Organizer”. This will enable users of the system to file form 1040 in the United States effectively. The new tool will also serve as a central hub for all things related to cryptocurrency for the users. They include reviews on payments, hard forks, cryptocurrency exchanges and so on.Reuters in a blog post...
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