Tag Archives: News

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Stellar lumen price started a fresh decline from the $0.1000 resistance zone against the US Dollar. XLM price is now trading below $0.0950 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.090 on the 4-hours chart (data feed via Kraken). The pair could continue to move down if it breaks the $0.0840 and $0.0800 support levels. Stellar lumen price is trading below $0.1000 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.4000 resistance against the US dollar. The price is now trading above $0.3880 and near the 55 simple moving average (4-hours). There was a break below a connecting bullish trend line with support near $0.3875 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down towards the $0.320 support in the near term. Ripple price is struggling below $0.400 against the US Dollar,...

Relai – a Swiss bitcoin app – is joining hands with Checkout.com to allow all its customers to purchase mainstream digital currency tokens like bitcoin and Ethereum. Relai and Checkout.com… A Perfect Match? The move is slated to improve crypto adoption and give the space a stronger level of legitimacy. Checkout.com is a global payments provider that works with companies around the world to ensure their customers can buy goods and services utilizing multiple payment...

A recent report suggests that the volatility of the crypto market is now far less than the volatility exhibited by stock exchanges such as the Nasdaq and the S&P 500. Crypto Volatility Is Now Less Than That of Stocks While it may not seem like it, bitcoin and its many altcoin cousins have been much more stable and are steadier as of late when compared to their stock counterparts. Shares in companies continue to take heavy dips in recent weeks, while many main staples...

Despite all the economic and financial turmoil in the United Kingdom, bitcoin has not taken advantage of the situation and dropped even further in October, even though that period has historically been bullish for the world’s number one digital currency by market cap. Bitcoin Should Have Risen, but the Opposite Happened October saw the resignation of UK prime minister Liz Truss, who set a record after serving only 44 days in her post. The news brought an onslaught of new...

Martin Walker – a tech expert and finance director at the nonprofit Center for Evidence-Based Management – says the island of Bermuda is taking a huge chance by inviting so many digital currency exchanges and related businesses to set up shop within its borders. Martin Walker to Bermuda: Be Careful! Bermuda is one of the most crypto-friendly regions in the world. The area has virtually little to no regulation when it comes to crypto activity, meaning digital currency and...

In a surprising twist, a new study suggests that the United Kingdom is at the head of the crypto scene in Europe. The study – conducted by blockchain analysis firm Chainalysis – says that the land of tea, crumpets, and top hats is number one when it comes to digital currency activity across the continent. The United Kingdom Is, Well, King! This is an odd situation given that the United Kingdom has not been the most crypto-friendly country. In fact, regulators have sought...

German fintech firm Caiz Development is working to establish a new Sharia-compliant crypto and blockchain enterprise that will allow unbanked or underbanked people in the Middle East take advantage of digital assets. Caiz Development Is Helping the Middle East Get Acquainted with Crypto The goal is to ensure the platform is fully compatible with those who follow the Islamic religion. By conforming to its methods and ideals, those who worship and abide by Islamic laws can...

Recently, a list of the top states in the U.S. for cryptocurrency activity and businesses was released, and it looks like the Silver State – Nevada – took the number one position. Nevada Is Number One It’s an interesting scenario in that aside from Las Vegas, Nevada isn’t known for a whole lot. There’s a lot of gambling, liquor, and notorious moments in history involving mafia members and hitmen. One wouldn’t think that a state still composed mostly of desert would be...