Tag Archives: News

Stellar lumen price started a fresh decline from the $0.1150 resistance zone against the US Dollar. XLM price is now trading below $0.1125 and the 55 simple moving average (4-hours). There is a connecting bullish trend line forming with support near $0.1100 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.1100 and $0.1080 support levels. Stellar lumen price is trading below $0.1150 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.4820 resistance against the US dollar. The price is now trading below $0.460 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.4685 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it clears the $0.4820 and $0.5000 resistance levels. Ripple price is struggling below $0.4820 against the US...

The two fastest growing regions in the category of crypto use and adoption include North Africa and the Middle East. Both areas – between July 2021 and June 2022 – accounted for about nine percent of the world’s crypto transactions according to a report by blockchain analysis firm Chainalysis. Chainalysis Shows the Mena Region as the Top Crypto Performer Both the Middle East and North Africa make up what’s known as the Mena region, and during the allotted period, that...

It’s happened again, folks. Another hack is in the books, but this one was not only large, but also unexpected. The victim this time around is Binance, the largest and most powerful digital currency trading platform in the world. Binance Has Lost a Lot of Money At the time of writing, the exchange has lost more than $600 million in a cyberattack. All the funds in question were in BNB, which stands for Binance Coin. It is the exchange’s native token. The exchange reported...

Many people are wondering if the prices of bitcoin and Ethereum are still correlated with the stock market. Some have been taking note of the unique price patterns that have been witnessed throughout the year, as while the general crypto space has moved in tandem with stocks throughout 2022, both BTC and ETH have seemingly moved on their own. Bitcoin and Stocks… Are They Losing Their Bond? For the most part, one can easily assume that since stocks have gone down and both...

Do Kwon – the man behind the doomed digital currency company Terraform Labs – is now set to lose his South Korean passport as authorities continue to hunt him down like a wild animal. Do Kwon Falls Deeper into Hot Water Kwon is the founder of a company that created the failed algorithmic stable coin Terra Luna, which collapsed over the summer after losing its peg and caused traders to lose billions of dollars in wealth over the course of just a few days. While stable...

Over the past year or so, the state of Texas has become one of the go-to regions for people looking to either establish new crypto mining projects or continue what they’ve already started. Several months later, it doesn’t look like that trend is ending anytime soon. Texas Is Still a Mining Powerhouse Things began in the summer of 2021 after China announced it was going to end all crypto mining projects and dub them illegal. The news was shocking given the country hosted...

Rostin Behnam is the chairman of the Commodity Futures Trading Commission (CFTC), the financial organization that governs bitcoin. Rostin Behnam Is Neutral on Crypto For the most part, Behnam is a neutral figure when it comes to crypto, and he recently sat down for an interview to discuss where he sees the industry going in the coming future. He commented: I think there’s a few folks who wish this technology might go away, think it might go away, think it might go...

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Iliam Angelov is a professional crypto trader in his mid-30s and the founder of Billium, a digital asset platform. Not long ago, he sat down in an interview and expressed his thoughts about how far the crypto space will go in the future and where he thinks trading will land given the bearish conditions of the industry. Iliam Angelov Talks Crypto He first commented with: After building an empire that has positively affected the Middle Eastern market and spanning decades,...