Tag Archives: News

Billionaire investor Chamath Palihapitiya recently stated in an interview that he has put hundreds of millions of dollars into bitcoin, the world’s leading digital currency by market cap. He also stated that he doesn’t think governments will be able to impose a “blanket ban” on cryptocurrencies, clearly a reaction to China’s latest maneuvers. Chamath Palihapitiya On Where BTC Will Be in the Future Not long ago, Palihapitiya was asked to comment on verbiage delivered by...

Stellar lumen price started a steady increase above $0.2800 against the US Dollar. XLM price is now trading above $0.2800 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.2980 on the 4-hours chart (data feed via Kraken). The pair could correct lower, but dips are likely to remain supported near $0.2800. Stellar lumen price is trading well above $0.2800 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a steady increase above the $0.9500 resistance against the US dollar. The price is now trading above $1.00 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $0.9350 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could correct lower, but dips might remain attractive near $1.00 and $0.9800. Ripple price is showing positive signs above $0.9800 against the...

bant.io – a B2B lead generation and sales acceleration firm – has announced in a statement that it will begin accepting cryptocurrency payments for its services beginning in quarter four of 2021. bant.io Is Allowing Customers to Pay with Crypto The idea of accepting crypto as a means of payment has been a controversial and scary one for several individuals and businesses. Initially, bitcoin and other forms of crypto were designed to push items like checks, fiat...

Hatten Land Ltd in Singapore has joined hands with Frontier Digital Asset Management Pte Ltd. The companies will now work together to manage more than 1,000 crypto mining rigs operating within Hatten Group properties based in Malaysia. Hatten Land Is Revamping Its Mining Projects Beginning in the fourth quarter of 2021, Hatten says that several new digital currency mining rigs will be installed between the two companies. Frontier also operates approximately 700 separate...

Elon Musk – the South African billionaire and entrepreneur behind mega companies like Tesla and SpaceX – believes that crypto regulation should not exist and that governments should just mind their own business. Elon Musk Doesn’t Care for Governments Getting Involved in Crypto Musk is echoing the age-old argument that digital currencies are designed to be decentralized assets. They are not meant to be overseen by banks or standard financial institutions. Third parties...

Two U.S. Senators – Maggie Hassan, a democrat from New Hampshire and Joni Ernst, a Republican from Iowa – have introduced a new bill that would allow regulators in the country to examine the behaviors of miners both within the nation and abroad. Maggie Hassan Wants to Know What’s Happening in the Mining World The new bill asks that the Treasury Department look at how nations today are using the crypto they mine. It also asks that they examine how much cryptocurrency has...

SAITECH Limited – a crypto mining company that focuses on green energy and hosts mining rigs for its clients – is joining hands with Trade UP Global Corporation, a publicly traded special purpose acquisition firm. SAITECH Is All Set to Join the Nasdaq The partnership will allow SAITECH to become publicly traded on the Nasdaq under the symbol “SAI.” The company will not experience any changes in management, and executives will be made holders of Trade UP stock options....

The recent death punch to both bitcoin and its crypto counterparts by way of China has got the entire digital currency space in a grip of fear. Now, many crypto exchanges are beginning to drop Chinese customers as a means of avoiding trouble down the line. They are not accepting traders from China, nor are they allowing the Chinese customers they already have onboard to stick around much longer. China Is Hurting Its Crypto Traders China has been on a serious roll to...

Bit Pay and Verifone are partnering up to allow the latter’s customers to pay for goods and services with digital currencies, thereby bringing the initial goals of bitcoin and its crypto cousins closer to reality. Bit Pay Is Looking to Push the BTC Agenda Forward Initially, bitcoin and many of its counterparts were established to be payment methods. One could use them to purchase things they needed, and they could eventually push the checks, fiat currencies and credit...