Tag Archives: News

Bitcoin is a limited currency. It is finite and all set to run out someday. While the asset will likely always remain in circulation to some degree, there are only 21 million units of BTC, and about 90 percent of that has already been mined and added to the blockchain. Nayib Bukele – the president of El Salvador – sees this as a good thing. Nayib Bukele Things Bitcoin Is Going to Shoot Up in Price While bitcoin may be limited and thus very concentrated in the future,...

Bitcoin cash price started a fresh decline below the $320 support against the US Dollar. The price is now trading below the $285 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down if there is no upside break above $300. Bitcoin cash price is showing bearish signs below $290 against the US Dollar,...

Crazy Horse 3 – a strip club in the middle of Sin City (that’s Las Vegas, Nevada) has agreed to accept crypto payments for lap dances and many of the club’s services. Crazy Horse 3 Is Willing to Accept Crypto The whole point of crypto was to be able to pay for everyday items and services. Many digital assets – such as bitcoin – were initially created to push things like credit cards, checks, and fiat currencies to the side, though this has been an extremely slow journey...

Cryptocurrency exchange FTX is one of the newest digital currency platforms out there, but its size, scope, and popularity just keep growing. It’s been announced that the exchange now bears a valuation exceeding $32 billion at the time of writing thanks to a new funding round that occurred earlier in the week, suggesting investors continue to pour their money into this industry despite the regular price dips we’ve been witnessing. FTX Is Headed to the Top of the Ladder...

New York offers many shuttered coal plants and cheap energy. This makes it a top spot for miners and anyone looking to set up crypto extraction businesses. However, there are many environmentalists out there that want New York to work against crypto and ban the process of adding it to the blockchain. New York and Crypto Don’t Always Go Together Environmentalists have been arguing for years that mining bitcoin is somehow harmful to the world’s atmosphere. They state that...

EOS price is struggling to clear the $2.45 resistance zone against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $2.20 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend decline if there is a clear break below the $2.20 support zone. EOS price is showing bearish signs below $2.40 against the US Dollar, similar to bitcoin. The...

Litecoin price again failed to clear $115 and corrected lower against the US Dollar. LTC price is now trading below $110 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $106 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $115 resistance zone. Litecoin price is struggling below $1115 against the US Dollar, similar to bitcoin. LTC price...

It’s happened again, folks. Another crypto hack is in the books and a lot of money has been stolen. This time, the victim is a digital currency platform known as Qubit Finance, a defi trading arena. The company is reporting losses of approximately $80 million at the time of writing. Qubit Finance Has Lost Quite a Bit of Money As we have seen from recent reports, crypto crime is growing like crazy, and it makes sense when one looks at how well some of the leading digital...

Bitcoin has been suffering heavily as of late. The world’s number one digital currency by market cap has lost nearly $30,000 from the recent all-time high it hit back in November of 2021. During that time, the asset was trading for roughly $68,000, but today, the currency is stuck at around $37,000. Still, that isn’t stopping men like Jeremy Allaire – the CEO of Circle, a stable coin provider – from having big beliefs about bitcoin. Jeremy Allaire Is Confident in BTC In...

Bitcoin and crypto has been around for many years, but none of the well-known assets of today have hit a peak. None have reached mainstream acceptance levels, and there are several people out there wondering what it’s going to take for these currencies to be given their due. Why Is Crypto Not Further Ahead? A recent panel of experts – including Chris Smith, founder of BIG Esports; Josh Marcus, COO at Rumble Gaming, and Evan Heby, senior marketing manager at Tipalti – sat...