Tag Archives: News

Ethereum price started a fresh decline from the $1,350 zone against the US Dollar. ETH price is now trading below $1,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,210 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,240 resistance zone. Ethereum price is struggling below $1,300 against the US Dollar. ETH/USD remains at a risk of more losses if...

Pro Shares became famous last summer when it announced it would be unveiling the United States’ first bitcoin-based exchange-traded fund (ETF). Pro Shares Has Gone from Hero to Zero Many analysts and traders had mixed feelings about the product. On one hand, traders in the U.S. would now be gaining access to a product they had long wished for. Many people were hoping that a bitcoin-based ETF would come along soon, though there were those who doubted the product as it was...

Hackers recently took over the Twitter account of popular digital currency exchange Gate.io and initiated a fake Tether giveaway to try and get people to send in their money – money they would have never seen again if they had fallen for the trick. The Twitter Account of Gate.io Has Been Hacked One of the first things the hackers did was manipulate the Twitter feed for the company and change things from Gate.io to Gate.com. This is a common tactic many hackers utilize to...

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Canaan Inc. – one of the largest digital currency mining companies in the world – is unveiling its new crypto mining machine known as the Avalon Made A13 series. Canaan Inc. Is Introducing a New Type of Mining Machine The machine is powered by ASIC technologies and will come in two separate forms. The first is Model A 1346, which features a hash rate of more than 110 TH/s. The second, known as Model A 1366, boasts a hash rate that exceeds 130TH/s. Both machines feature...

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