Tag Archives: News

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Stellar lumen price started a fresh decline from the $0.1300 resistance zone against the US Dollar. XLM price is now trading below $0.1200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.1140 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.1100 and $0.1065 support levels. Stellar lumen price is trading below $0.1200 against the US Dollar, similar to...

Michael Saylor of MicroStrategy fame is still a major bitcoin believer. Despite all the bearishness that’s happened with the world’s number one digital currency over the past several months, Saylor is confident the currency could potentially come back from its recent mega drops and will again find itself trading above $65,000 in the next four years or so. Michael Saylor Still Loves BTC He even went so far as to say that within the next decade, the price of a single...

Lamborghini of Austin has announced that it will now allow customers to pay with various digital currencies for vehicles. Lamborghini of Austin Is Open to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in recent years, many of them were initially designed to serve as...

Jesse Powell – the man who brought popular digital currency exchange Kraken to life – is stepping down from his post with the company. Kraken CEO to Remain Onboard as the Chairman Powell will no longer serve as the chief executive of the firm, according to recent news reports. He will be replaced by the chief operating officer Dave Ripley, who first joined Kraken in the year 2016. The transition will occur gradually over the next few months and Mr. Powell will remain...

Nasdaq Inc. has a growing interest in cryptocurrency. So much so that it’s looking to expand itself in the crypto space by establishing a group that’s dedicated to digital currency research and custodial offerings, meaning it could soon be able to hold crypto assets for its many clients. Nasdaq Wants to Offer Crypto Custody Services The company’s plans were recently confirmed by its executive vice president Tai Cohen. The new group will be headed by a man named Ira Auerbach, who recently had...

Anonymous website Crypto Leaks recently published video footage of Kyle Roche – a known crypto litigator – talking about what a huge stake he has in a company known as Ava Labs, which dabbles in blockchain and distributed ledger technology. Kyle Roche Is Feeling the Heat In the video, he also appears to talk about filing suit against competitors of the company. He also refers to class-action plaintiffs and jurors as “idiots.” This has set up an improper conduct...

We are in a recession. The United States has experienced two consecutive quarters where the GDP is exceedingly low, and by all definitions, this is exactly what a recession is. There are many people out there that continue to talk about how it’s something that could happen, but nobody is really talking about the fact that it’s already here in many ways, and it’s never been more evident than through the tanking crypto prices that 2022 has witnessed. Crypto Continues to...

It appears bitcoin and crypto traders are doing their best to ignore any upcoming rate hikes set to be instituted by the Fed and that they are working hard to get past all the damage that’s already been done to the industry. The Fed Has Hurt BTC The Federal Reserve (Fed) has been on a roll as of late. That roll has involved hiking rates as a means of fighting inflation, which has been running rampant under failing commander-in-chief Joe Biden. However, it has come to...

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