Bitstamp is the oldest digital currency exchange in the world. Not long ago, it announced it’s set to begin doing business in the European nation of Luxembourg, and it will soon offer its services to crypto traders in that region. Bitstamp Is Cementing Itself in Luxembourg Jean-Baptiste Graftieaux – CEO of Bitstamp – said in an interview: We have a combination of engineers and product people who understand crypto or fintech. We also have experts in information security area and data...
Read More »New York Continues to Not Care About Crypto
New York really doesn’t care about cryptocurrency, and the re-election of Governor Kathy Hochul is proof of this. New York Just Doesn’t Get It During this year’s midterm elections, Hochul ran against Lee Zeldin, who arguably had one of the most competitive republican campaigns in the Empire State in years. Right now, New York is facing a bill that’s been passed by the state legislature. The bill would enforce a moratorium on the crypto mining space and prevent all new digital currency...
Read More »It Appears Michael Saylor Will Never Reject BTC
Despite the recent crash of the crypto space, despite everything bitcoin has cost him, Michael Saylor – the former head executive of MicroStrategy, a one-time software giant that has since transformed into one of the biggest bitcoin bulls out there – says bitcoin is going to be a winning asset in the end. Michael Saylor Will Never Give Up on BTC In a recent interview, he commented: Speaking for all bitcoiners, we feel we’re trapped in a dysfunctional relationship with crypto and we want...
Read More »Ahmad Abu Daher Is a Young (and Wealthy) Crypto Miner
Ahmad Abu Daher is only 22 years old, yet he’s already making a handsome living as a bitcoin miner in his home country of Lebanon. Ahmad Abu Daher Is Doing Well as a Miner Daher runs a whole team and has been doing so ever since he graduated from university. He entered a world that was wrought with financial ruin, as Lebanon is currently dealing with the full collapse of its financial system and hyperinflation. He says he and his fellow miners work around the clock to constantly be adding...
Read More »Bitcoin Cash Analysis: Fresh Increase Possible Above This Resistance
Bitcoin cash gained pace above the $105 and $108 resistance levels against the US Dollar. The price is now trading above the $110 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $110 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $112 and $114 to continue higher in the near term. Bitcoin cash price is climbing above $110 against the US Dollar, similar to bitcoin. BCH/USD could...
Read More »A Texas Crypto Firm Is in Trouble for Defrauding COVID Program
A Dallas man and the digital currency company he created are in hot water after being charged with defrauding a financial program introduced during the COVID era that was designed to keep businesses afloat. Crypto Company Fraud Thanks to COVID John Corbin Corona, age 35, was indicted in mid-November on counts of both money laundering and wire fraud for allegedly inflating the size of his cryptocurrency business – HODL LLC – to garner extra funds through the PPP (Paycheck Protection Program)...
Read More »Block Mate Is Instigating Quick and Easy Crypto Buys
Crypto firm Block Mate Ventures has launched a new platform that will allow its customers to engage in instant crypto transactions. Traders and investors can log onto the website and instantly purchase assets like bitcoin and Ethereum in mere minutes or seconds. Block Mate Ventures Seeks to Make Crypto Purchases Faster The purchases can be done through credit cards or other local payment methods. Block Mate Ventures is introducing a new simplified interface that will be easy and readable...
Read More »EOS Price Analysis: Bulls Aim Steady Increase Above $1
EOS price started a fresh increase above the $0.95 resistance against the US Dollar. The price is now trading above $0.95 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.94 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it clears the $1.00 and $1.02 resistance levels. EOS price is rising above $0.95 against the US Dollar, similar to bitcoin. The price could resume its...
Read More »Changpeng Zhao Calls Crypto “Stable” Despite Price Turmoil
Changpeng Zhao – the head honcho of Binance, the largest digital currency exchange in the world – stated in a recent interview that crypto is the “only stable thing” right now regardless of the volatility and falling prices many mainstream assets are dealing with. Changpeng Zhao Believes in Crypto Speaking at a conference in Lisbon, Portugal, Zhao commented that he remains confident in the digital currency space, and he believes the industry will make a solid comeback before traders even...
Read More »Crypto Firm Deribit Hacked; Nearly $30 Million Gone
It’s happened again, folks. Another digital currency hack is in the books. This time, the victim is Deribit, a cryptocurrency exchange based in the Central American nation of Panama. Deribit Has Lost a Lot of Money At the time of writing, as much as $28 million in crypto assets have been stolen. The exchange confirmed the incident in a tweet a few weeks ago, claiming that it’s BTC, ETH, and USDC hot wallets had been compromised by malicious actors and inherently drained of the units they...
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