Tag Archives: News

Stellar lumen price is showing bearish signs below the $0.100 resistance zone against the US Dollar. XLM price is now trading below $0.100 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $0.1020 on the 4-hour chart (data feed via Kraken). The pair could start another decline if it fails to recover above the $0.100 resistance. Stellar lumen price is trading below $0.100 against the US Dollar, similar to Bitcoin....

Ripple price started a fresh decline from the $0.540 zone against the US dollar. The price is now trading below $0.500 and the 55 simple moving average (4 hours). There was a break below a key bullish trend line with support near $0.5100 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.500 resistance zone. Ripple price is struggling below $0.500 against the US Dollar, similar to Bitcoin. XRP price...

Federal law enforcement agents have managed to take back as much as $24K from crypto scammers who had allegedly stolen the money from a resident of the Metro East area of Illinois. At the time of writing, no criminal evidence has been made public, and the agents have not made any arrests. Illinois Woman Is 75 Percent Victorious Crypto scams have become rather prominent in recent years, and with time, they just get bigger and bigger. Court records regarding the present...

Bitcoin is doing well as of late, and many analysts – including former Coinbase chief technology officer Balaji Srinivasan – believe the currency is going to hit unprecedented levels within the next few months. Balaji Srinivasan Is a Big Bitcoin Believer In a recent interview, Srinivasan said that hyperinflation could cause bitcoin to hit a price of about $1 million per unit. The clincher? He thinks this could happen as early as June of this year. For that to occur,...

The banking sector is burning up as of late, and the situation is allowing bitcoin to surge like crazy. At the time of this writing, bitcoin has moved beyond the $28,000 per unit mark, the highest it’s been since June of 2022. Bitcoin Rose Beyond $28K The news is crazy in that 2023, in many ways, is turning into another version of 2019. As we all remember during that year, bitcoin incurred a certain degree of healing following the heavy blows and wounds it experienced in...

Rapper and musician Tyga has been named in a lawsuit accusing him of breaching a $500,000 contract to promote a new series of non-fungible tokens (NFTs). The rapper is denying all claims of wrongdoing and is trying hard to dismiss all the claims. Tyga Named in New NFT-Based Suit The plaintiff named in the lawsuit is a UK-based company called Kreation Technologies. The enterprise is suing both Tyga and New Style Media, saying both entities took part in promissory fraud....

Off Chain Labs, which developed the Arbitrum ecosystem, has announced plans to airdrop $ARB, the new native token of the Arbitrum blockchain which will govern all future operations and protocols. The currency will be given to select individuals to hold and test out until it’s ready to be released to the general investing population. Off Chain Labs Is Paving the Way for a New Governance Asset Those set to receive early access to the coin will include users of Arbitrum...

The Grayscale Investments Bitcoin Trust has seen its shares jump heavily in price over the last few weeks as its court case against the Securities and Exchange Commission (SEC) appears to move more heavily in its favor. Grayscale Heats Up Its Fight Against the SEC Grayscale is currently at war with the SEC. The latter agency has done all it can over the last six years to penalize crypto companies that don’t move in tandem with its narrative. The goal was initially to...

The GroveToken protocol has a number of innovative products and services that are designed to return maximal value to all of its users.  Every digital currency has its basic fundamentals and one of the emerging projects in the space GroveToken is aiming at making the world greener and more sustainable. The GroveToken is designed to be a different crypto project with respect to its core investments and ecosystem focus. While many blockchain protocols are solely hinged toward the benefit...

Silicon Valley Bank is in the process of filing bankruptcy, bringing back rough memories of the FTX debacle five months ago. However, the effects appear to be the opposite of what they were back in November. During that time, bitcoin and its altcoin cousins fell to new lows, whereas this time around, bitcoin and several of its counterparts appear to be surging like crazy. Silicon Valley Dips While BTC Rises At the time of writing, BTC – the world’s number one...