Tag Archives: News

Bitcoin and cryptocurrencies are becoming far more popular as of late, but as this space grows, it is becoming clear that cash is still at the top of the financial ladder. Fiat currencies like USD are the primary tools that Americans rely on, and Coinme – a digital currency platform – is recognizing this. Thus, the company wants to make transfers between both cash and crypto as smooth and as easy as possible. Coinme Still Believes Cash Is at the Top Neil Bergquist – the...

Stellar lumen price started a fresh decline from the $0.3500 resistance against the US Dollar. XLM price is now trading just below $0.3300 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3300 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3300. Stellar lumen price is trading in a bearish zone below $0.3500 against the US Dollar, similar...

Ripple price started a fresh decline from the $1.12 resistance against the US dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.00 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a clear break below $0.92. Ripple price is showing bearish signs below $1.00 against the US Dollar, unlike bitcoin. XRP...

When it comes to cryptocurrency, it’s nearly impossible to ignore the fact that both bitcoin and Ethereum are the two largest examples out there, with bitcoin taking the number one spot and Ethereum in second place. However, this is just in terms of market cap. Regarding popularity, there is evidence suggesting Dogecoin takes the number one spot. The Popularity of Dogecoin Has Shot Through the Roof Dogecoin has arguably become one of the biggest cryptocurrencies in...

Nayib Bukele – the president of El Salvador – has announced to the people of his country that the government is taking its bitcoin agenda to the next level. Regulators and city planners are looking to build a whole new village at the base of a volcano. The region will be known as “Bitcoin City” given that it will be entirely dependent on bitcoin and blockchain technology to thrive. El Salvador Is Pushing BTC Even Further He stated that a bond offering is going to occur...

A copy of the U.S. Constitution was recently up for grabs to the tune of millions of dollars. The item was set to be auctioned off last week as one of only 13 copies of the document left standing, and a group of alleged crypto fans – operating under the name Constitution DAO – stated their intention to bid on the product. Who Bought the Constitution? The organization began collecting crypto donations from tens of thousands of people across social media platforms,...

Not long ago, the national council of Islamic scholars stated that Muslims in Indonesia should not be permitted to trade crypto as it exposes investors to unnecessary risk and goes against Islamic law. From there, Indonesia’s Ulama Council announced a fatwa on bitcoin, which is classified as a “non-binding religious ruling.” Bitcoin has since been declared haram, or something that is forbidden. Indonesia Has Become a Crypto Hotspot KH Asrorun Niamm Sholeh – the council’s...

Premier league soccer team Manchester City is cutting ties with 3Key, a cryptocurrency startup. Both enterprises had spent less than a week working together after the team declared the firm an “official regional partner in decentralized finance trading analysis.” Manchester City Says Goodbye to 3Key Reports suggest that Manchester City is concerned given that 3Key is lagging an online presence. This could ultimately be because the firm is classified as a “startup,” and...

Hillary Clinton isn’t crazy about crypto. The failed presidential candidate and former Secretary of State under Obama believes that widespread adoption of crypto could have heavy repercussions on the world of traditional finance and “undermine traditional” currencies like the U.S. dollar. Hillary Clinton Is Not a BTC Believer In an interview, she comments: What looks like a very interesting and somewhat exotic effort to literally mine new coins in order to trade with...

Singapore-stationed crypto mining firm Bitdeer Technologies Holding Co. is merging with a company known as Blue Safari Group Acquisition Corp. The former enterprise is controlled by Jihan Wu – a Chinese billionaire who is responsible for bringing Bitmain to life – and will begin trading on the Nasdaq once the $4 billion acquisition is complete. Bitdeer Has Some Big Plans As one of the most influential people in the digital currency space, Wu worked as the head equipment...