Tag Archives: News

Ethereum, over the past few months, has had a habit of garnering more praise and attention than bitcoin, the world’s largest and most popular digital currency by market cap. The currency is now getting even more praise from the likes of Rahul Rai, a digital currency hedge fund manager who believes that the asset will overtake bitcoin as the number one virtual asset before 2023. Ethereum Is Going to Flip BTC, Says Rai Rai thinks Ethereum will potentially hit the number...

The African country of Zimbabwe is allegedly the next nation looking to make crypto legal tender. Regulators have released a statement claiming that they are examining the prospects of allowing bitcoin and its altcoin cousins to be used as forms of payment for goods and services. Zimbabwe Is Looking at BTC as a Currency Clearly, the nation is taking a page out of El Salvador’s book. The Central American region became the first country in the world two months ago to...

Eric Adams – the mayor-elect of New York City – wants cryptocurrency to be taught in schools. He says that digital currencies are the financial tools of the future, and he wants children and younger generations to be financially prepared for what’s likely to come their way. Eric Adams: Crypto Should Be Taught in Schools At this stage, anyone who doubted cryptocurrency is likely kicking themselves in the rear. Bitcoin, for example, is the world’s largest digital currency...

EOS price started a downside correction from the $5.40 resistance against the US Dollar. The price is now trading above $4.50 and the 55 simple moving average (4-hours). There is a crucial expanding triangle forming with support near $4.70 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could accelerate higher if it clears the $5.10 and $5.20 resistance levels. EOS price is showing positive signs above $4.60 against the US Dollar, similar to...

Litecoin price found support near $200 and started a fresh increase against the US Dollar. LTC price is now trading above $220 and the 55 simple moving average (4-hours). There was a break above a key declining channel with resistance near $200 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise towards $320 unless it fails to stay above the $220 level. Litecoin price is climbing higher above $240 against the US Dollar,...

Analysts are claiming that an Ethereum-based futures exchange-traded fund (ETF) could be released as early as the first quarter of next year. The Possibility of an Ethereum ETF? The big news in 2021 is that a bitcoin ETF has finally made it to market. The product was released just a few weeks ago by a company called Pro Shares. It began trading on the New York Stock Exchange (NYSE) and received positive reviews from analysts and traders alike. However, there was one big...

Many crypto analysts believe the digital currency space is likely to hit $3 trillion in the coming weeks given how many assets – including Ethereum, Solana and Binance’s BNB Coin – have experienced heavy price surges. Ethereum and Other Assets Are Pushing Ahead These, along with several other currencies, have experienced “double-digit” gains over the past few weeks. In addition, bitcoin has been scaling back, which has ultimately given many of the world’s smaller tokens...

Another cryptocurrency lawsuit is in the books. This time, the plaintiff is popular fast food chain Jack in the Box, who according to court documents, says the FTX exchange stole the look of Jack, it’s mascot, for its own personal use. Jack in the Box Files Suit Against FTX Jack in the Box commercials have been airing forever. We have all grown privy to the man in a suit who wears a large white mask over his head. Jack features a long pointy nose, blue eyes and a little...

Tron price started a fresh rally above the $0.1050 resistance zone against the US Dollar. TRX price is now trading above $0.1050 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1040 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.1100. TRON price remained well bid above $0.1050 against the US Dollar, similar to bitcoin. TRX price is...

Bitcoin price started a fresh increase above the $65,000 zone against the US Dollar. The price is now trading above $65,000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $61,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct lower towards the $64,000 support zone in the near term. Bitcoin price traded to a new all-time high near $68,560 against the US...