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Tag Archives: News

Bitcoin Experienced Huge Fall in Mid-June Following Fed Announcement

Bitcoin fell below the $25,000 mark for the first time in a while in mid-June of this year after the Federal Reserve threw yet another monkey wrench into America’s economic plans. Major June Dip for Bitcoin During that time, the Federal Reserve announced that while it was not going to be hiking rates again in the immediate future, citizens of the U.S. could potentially expect to experience the effects of at least two more rate hikes before the end of the year. In...

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Eurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession

CoinspeakerEurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy. Eurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession

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Stellar Lumen (XLM) Price Aims Fresh Increase To $0.18

Stellar lumen price is attempting a fresh increase from the $0.14 zone against the US Dollar. XLM price is now trading above $0.150 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.145 on the 4-hour chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1650 resistance zone. Stellar lumen price is trading above $0.150 against the US Dollar,...

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Ripple Price Analysis: XRP At Risk of Reversal Below $0.675

Ripple price started a fresh decline below the $0.785 zone against the US dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.715 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.675 support zone. Ripple price is struggling below $0.765 against the US Dollar, similar to Bitcoin. XRP price...

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Bitcoin Fan and Miami Mayor Francis Suarez Enters Presidential Race

As we’ve mentioned in previous articles, it’s likely bitcoin and crypto are going to be huge topics in next year’s presidential election. Recently, another bitcoin-loving candidate threw himself into the race… Republican mayor of Miami Francis Suarez. Francis Suarez is Running for President Suarez has long been a bitcoin advocate, going so far as to announce in 2021 that he would accept his entire mayoral salary in bitcoin (a move shared by New York City mayor...

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Apple Threatens to Remove Bitcoin Tipping Social App from Its Store

Jack Dorsey and Elon Musk aren’t too happy with the Apple company as of late. Apple Ain’t No Bitcoin Tipping Fan Not long ago, the technology conglomerate said it was looking into potentially removing the social media app Damus from its store. The reason was because the application offered a bitcoin tipping feature, and Apple doesn’t want anything to do with such services. The company then made it clear to Damus: get rid of the feature, or you will no longer be...

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