Tag Archives: News

CoinspeakerCarl Icahn and Banks Finalize Amended Loan Agreements Following the publication of the Hindenburg Research study, Icahn Enterprises’ stock fell to a low of $31.78, the company’s lowest value in more than ten years. Carl Icahn and Banks Finalize Amended Loan Agreements

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...

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...

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...

Republican governor of Florida Ron DeSantis has thrown his hat into the presidential ring. He has filed the necessary paperwork with the Federal Election Commission (FEC) and has officially launched his 2024 campaign on Twitter. Ron DeSantis Has Entered the White House Race Like several of this year’s candidates, DeSantis appears to be very pro crypto, and is arguably hoping to garner some extra votes by saying a thing or two about the industry. In a recent...

The Commodity Futures Trading Commission (CFTC) has warned that while it’s doing all it can to end crypto fraud, it admitted that there’s nothing it can do about all the illicit activity out there, and thus there’s likely to be things here and there that vanish from its radar or go unnoticed. The CFTC Doesn’t Have that Much Power Christy Goldsmith Romero – one of five commissioners at the CFTC – announced in a recent interview that crypto cases account for roughly...

Mathew McDermott – a managing director of Goldman Sachs, one of the biggest financial companies in the world – says he thinks blockchain technology is well on its way to creating a sound new financial system that will never be rivaled or overshadowed. Mathew McDermott on the Future of Blockchain In a recent interview, McDermott explained his thoughts and feelings towards blockchain and how Goldman plans to integrate the technology into its systems in the coming...

The crypto mining debate has raged for years, but it appears the fight is taking stronger precedence in recent weeks. Is Crypto Mining a Damaging Enterprise? Maybe Not… There have been many reports published, over some time, claiming that crypto mining is putting the planet in harm’s way. They say there are several developing nations that do not use the same amount of energy as crypto mining facilities. In addition, there are several arguments that say the...