Tag Archives: News

ADA price seems to be forming a support base above the $0.415 level against the US Dollar. The price is now trading below $0.45 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.425 on the 4-hours chart (data feed via Bitfinex). The price could gain bullish momentum if it clears the $0.435 and $0.440 levels. Cardano price is showing positive signs above $0.410 against the US Dollar, similar to bitcoin....

Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,365 on the 4-hours chart (data feed from Coinbase). The pair could rally further if it clears the $1,365 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears the...

Crypto mining firm Clean Spark is purchasing a whole new bitcoin mining facility in the city of Mawson, Georgia. The business – which is being sold for approximately $33 million – will help Clean Spark by increasing its hash rate to about 1.3 exahashes per second. Clean Spark Is Building Its Empire The topic of crypto mining continues to be a controversial one. Without mining, there would be no crypto. We all know that by now. For the most part, unless something like...

A new Celsius-themed Monopoly game is coming out for crypto users to “enjoy,” but the problem is that many people out there don’t seem too thrilled or amused by the product. In fact, this is now getting Celsius a lot more flak than when it decided to file bankruptcy and halt all withdrawals. Celsius Continues to Stoke the Fire We all probably remember playing Monopoly as a kid. The game would often take days, weeks, or even months given how strict you were with the...

The region of Queensland in Australia has, as of late, been a hub for crypto fraud and related scams, and it looks like residents have lost close to $40 million at the time of writing. This is a huge uptick from the number reported just last year during this time, which was around $20 million. Australia and Crypto… Not the Greatest Match? Throughout Australia, as much as $263 million has been lost to crypto scams. Federal police in Australia now refer to the growing...

Stellar lumen price started a fresh increase above the $0.1100 resistance zone against the US Dollar. XLM price is now trading above $0.1140 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.1080 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1160 and $0.1140 support levels. Stellar lumen price is trading above $0.1140 against the US Dollar, similar...

Ripple price started a downside correction below $0.50 against the US dollar. The price is now trading below $0.4800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4640 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise again if it stays above the $0.4200 and $0.4000 support levels. Ripple price is correcting gains from $0.520 against the US Dollar, unlike bitcoin. XRP...

Back in July, billionaire moguls Jay-Z (a rapper and businessman) and Jack Dorsey (the former CEO of Twitter) put their heads together to establish what they’re calling the Bitcoin Academy. Jay-Z Is Pushing Bitcoin Further The goal was to help all residents of the Marcy Houses in New York – where Jay-Z allegedly grew up – and grant them financial independence through bitcoin and blockchain education. Not long ago, it was reported that both the rapper and his social media...

The Securities and Exchange Commission (SEC) has yet to approve a single bitcoin-based exchange-traded fund (ETF), and many representatives of the crypto space are beginning to have serious issues with this. Recently, Perianne Boring – the founder of the Digital Chamber of Commerce – delivered a new report claiming that the SEC is purely out to stop crypto in its tracks as part of a larger political agenda rather than through attempts to protect investors. The SEC Has...

Roughly nine democrat senators – including Cory Booker of New Jersey, Elizabeth Warren of Massachusetts, and Bernie Sanders of Vermont – have sent a letter to Mark Zuckerberg – the CEO of Facebook (now Meta) – wanting to know what he’s doing to potentially end all crypto scams appearing on his social media platform. Facebook and Crypto: A Rough Relationship The letter also details steps Zuckerberg can take to ensure fraud never becomes a major issue. The crypto space has...