Tag Archives: News

ADA price is struggling to clear the $2.30 and $2.32 resistance levels against the US Dollar. The price is now trading near $2.20 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $2.26 on the 4-hours chart (data feed via Bitfinex). The price might start a steady increase if there is a close above $2.30 and $2.32. Cardano price is struggling below the $2.40 resistance against the US Dollar, unlike bitcoin. ADA...

Ethereum price started a fresh increase above $3,000 against the US Dollar. ETH price is now trading above $3,200 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $3,100 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,100 support zone. Ethereum price is showing positive signs above $3,120 against the US Dollar. ETH/USD could accelerate higher...

Orlando Bravo – a billionaire private equity investor – is going nuts for bitcoin, and revealed in a recent interview that he owns quite a bit of the world’s number one digital currency by market cap. He commented that in the long run, institutions are only just beginning to warm up to the asset, and he’s confident things can only explode upwards from here. Orlando Bravo Seems to Love Bitcoin He asked his listeners confidently: How could you not love crypto? Recently...

It’s not everyday a well-known entertainment lawyer decides to join the world of cryptocurrency, but today, this appears to be the case. Prominent attorney Navarro W. Gray has joined hands with Legacy Records to take on a new role with the cryptocurrency-funded record company as one of their primary legal representatives. Navarro Gray Is Now an Integral Part of the Firm Aside from his work with Legacy Records, Gray is also the CEO of the Gray Firm, a litigator, and a...

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...