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Tag Archives: News

Wells Fargo: Crypto Adoption Will Grow Tenfold

Banking giant Wells Fargo has taken notice of how far the crypto world has come. It’s now predicting that adoption could grow tenfold in the coming years, and it believes that crypto is still very much in its early days. Wells Fargo Thinks Crypto Is Going to Get Bigger In a statement, Wells Fargo explained: For today’s investor trying to figure out if we are early or late to cryptocurrency investing, looking at technology investing in the mid-to-late 1990s seems...

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Bitcoin Is Now Officially a Teenager

Bitcoin is officially 13 years old. The cryptocurrency that everyone has grown to love, cherish, and respect turned 13 on February 11 of this year after getting mined for the first time on that date in the year 2009. Bitcoin Turns 13 It was also during that year that the world was introduced to Satoshi Nakamoto, the legendary man behind the number one digital currency by market cap. The e-cash system that now everyone is familiar with was new to traders and investors...

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Tron (TRX) Price Analysis: Bulls Aim More Upsides

Tron price started a decent increase above the $0.0620 level against the US Dollar. TRX price is now trading below $0.0680 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it stays above the $0.0622 support zone. TRON price started a fresh increase above $0.0650 against the US Dollar, similar to bitcoin. TRX price could rally...

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Bitcoin Price Analysis: BTC Struggles Below $45K

Bitcoin price started a fresh increase above the $42,000 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $42,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is now facing a major resistance near $45,000 and might correct lower. Bitcoin price gained pace above $42,000 against the US Dollar. BTC even spiked...

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How a Tax Law Designed to Help Struggling Communities Is Benefiting Crypto Traders

A tax law that was implemented in 2017 as a means of helping poor communities is allegedly being taken advantage of by crypto miners and investors. Crypto Investors Are Using a Tax Law to Their Advantage The law in question allowed certain individuals and companies to either delay or reduce their capital gains taxes when they sell a stock or crypto unit if they take the money they earned and invest it in what are known as opportunity zones, which are neighborhoods that...

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Bill Miller: BTC Is Like an Insurance Policy

Bill Miller is arguably one of the biggest bitcoin bulls out there. Not long ago, he described the world’s number one digital currency by market cap as something of an insurance policy against financial and economic problems, and he mentioned that despite the falling price as of late, he still holds a fair amount of BTC in his portfolio today. Bill Miller Believes in BTC For the most part, Miller still believes that bitcoin is young enough to make a serious difference in...

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Crypto Is Becoming Very Intriguing to Minorities

It appears that the crypto space is becoming far more attractive to minority groups. Caroline Altagracia, for example, is a college student at the University of Albany. While in high school, she learned about digital currencies and became fascinated with the technology behind them. Minorities Are Entering the Crypto Space In an interview, she stated: It’s definitely been an empowering journey. I feel like when I initially was intimidated, I had to kind of get past that...

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Cardano (ADA) Price Analysis: Key Hurdle Near $1.10

ADA price declined below $1.12 and $1.10 against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.095 on the 4-hours chart (data feed via Bitfinex). The price could start a steady upward move if there is a clear break above the $1.10 resistance. Cardano price is struggling below $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...

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Ethereum Price Analysis: ETH Eyes Fresh Increase Above $3,100

Ethereum price started a fresh increase from the $2,850 zone against the US Dollar. ETH price is now trading near $3,050 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,910 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise if there is a clear move above the $3,100 resistance. Ethereum price is showing positive signs above $2,900 against the US Dollar. ETH/USD might rally further if...

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How a Woman Named Rhonda Got Her Lost Bitcoins Back

A woman named Rhonda has utilized the assistance of some friendly “white hat” hackers to help her recover her lost bitcoin stash. Rhonda Really Needed Her BTC Back Back in 2013, when bitcoin was trading for around $80, Rhonda got into the crypto craze and decided to purchase six units of the popular currency. In an interview, she stated: I used to listen to a radio talk show, and they started talking about crypto and bitcoin, so I got interested. Back then, buying it was...

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