Tag Archives: News

Solana price started a decent increase above the $22 resistance against the US Dollar. The price is now trading above $22 and the 55 simple moving average (4 hours). There was a break above a major contracting with resistance near $21.00 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The pair must stay above the $21.80 and $21.50 support levels to start another increase. Solana price is trading above $22 against the US Dollar, similar to Bitcoin. SOL...

Bitcoin price started a fresh increase above the $28,000 zone against the US Dollar. The price is now trading above $28,000 and the 55 simple moving average (4 hours). There was a break above a major contracting triangle with resistance near $28,400 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $29,000 support zone. Bitcoin price is showing positive signs above $28,000 against the US Dollar. BTC...

About a month or so ago, Silicon Valley Bank (often known as SVB) went kaput and crashed, and many analysts said it was one of the biggest financial collapses to happen in America since the days of 2008 and the Great Recession. Silicon Valley Bank Has Gone Under During that time, as we all remember, banks like Washington Mutual either collapsed into a heaping pile of ash and brimstone or were bought out by larger monetary firms such as Chase Bank. In any case, Silicon...

Aumenta Solutions and MSI’s port infrastructure maintenance project is based on the Ardor blockchain and makes use of augmented reality technology. The TECNIO Centre EASY research group’s Aumenta Solutions, an augmented reality solution provider for industry, engineering and architecture professionals, has partnered with shipping company MSI and blockchain development and maintenance firm Jelurida to transform the port infrastructure maintenance industry. The collaboration will incorporate...

The Chinese tax authority claim Bitmain was issued with a tax violations notice in August last year but has withheld paying individual tax income of about $2.4 million. Bitmain Technologies Ltd., a Beijing-based company that is well known for designing application-specific integrated circuit (ASIC) chips used in Bitcoin mining, has reportedly been fined approximately 25 million Chinese yuan, equal to about $3.7 million, for allegedly failing to pay personal income taxes in China....

As the biggest provider of internet search services as well as app hosting-related services, Google is often in the crosshairs of anti-competitive investigations from regulators around the world. Google, the subsidiary of American multinational tech giant, Alphabet Inc (NASDAQ: GOOGL) has been fined by the South Korean Fair Trade Commission (KFTC) for anti-competitive practices targeted toward rival app hosting platforms. As reported by TechCrunch, the fine was pegged at around 42.1...

The IMF has released its weakest global growth forecast in over 30 years as inflation, banking crises, and geopolitical problems bite hard.  The International Monetary Fund (IMF) recently published its most underwhelming medium-term global growth forecast in over 30 years. On Tuesday, the major United Nations (UN) financial agency expected global growth of 2.8% in 2023 and 3% in 2024. This forecast comes in slightly below what the IMF estimated in January as continued inflation and a...

Cihan Tuna Arslan is a world traveler, educator, and engineer, and at the heart of all his journeys has been cryptocurrency. Cihan Tuna Arslan on the Power of Crypto In a recent discussion, Arslan talked about his love for the space and said: Cryptocurrency is not money as it is known, but encrypted digital assets that are not dependent on any central authority and have a limited supply. This makes it a world-changing invention in creating a free and reliable money...

The number 1 cryptocurrency in the world has amassed over 82% gains since the beginning of the year. MicroStrategy (NASDAQ: MSTR) is a major beneficiary in the latest Bitcoin rally that pushed the crypto asset’s price to a new level. While the crypto market was in the red, many crypto-related stocks. MicroStrategy, which Bitcoin holding is worth 140,000, had a tough time before the recent rally. The company bought its first Bitcoin in August 2020, adopting the top cryptocurrency as a...

Shiba Inu developers have announced that the Metaverse scheme will roll out at the end of 2023 as an “ongoing project”. According to Shiba Inu (SHIB) developers, the project’s planned metaverse will partially open by the end of 2023. Developers added that the ‘partial’ opening is because SHIB’s metaverse might not be fully completed on release. Instead, the upcoming decentralized universe will be an “ongoing project” that will keep onboarding new features and enhancements even after its...