Tag Archives: News

Stellar lumen price started a fresh decline from the $0.132 resistance zone against the US Dollar. XLM price is now trading above $0.1160 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support at $0.1182 on the 4-hours chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1200 resistance zone. Stellar lumen price is trading below $0.1200 against the US Dollar, similar...

Ripple price started a strong increase above $0.450 resistance against the US dollar. The price is now trading above $0.4500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.4710 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise again if it stays above the $0.4700 and $0.4500 support levels. Ripple price is correcting gains from $0.5580 against the US Dollar, unlike...

Not that long ago, the Central African Republic (CAR) – one of the poorest nations on the continent of Africa – announced that it was basically following in the footsteps of the Central American nation of El Salvador (also an extremely impoverished country) and that it was going to run its entire economy on digital currency. Initially, everyone thought this meant bitcoin, though the region eventually turned out its own digital asset called Sango Coin. The Central African...

Faruk Fatih Ozer – the alleged founder of Turkish cryptocurrency exchange Thodex – has been arrested in the European nation of Albania and is now on the verge of being sent back to Turkey where he will face trial for reportedly making off with all the digital assets invested by his company’s clients. The Founder of Thodex Is Heading Back to Turkey Crypto crime involving exchanges has become a big deal in recent years given how unregulated the digital currency space truly...

Virtuzone – a company based in the United Arab Emirates (UAE) that assists with business formations and provides corporate services – has announced it will begin accepting cryptocurrency payments. Virtuzone Says “Yes” to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative or even hedge-like statuses in...

Vitalik Buterin – the co-founder of popular cryptocurrency Ethereum, the second largest digital asset by market cap – has stated that as the beacon chain hard fork happened on September 6, all Ethereum-based clients need to ensure their systems are fully updated. Vitalik Buterin Is Warning Ethereum Users Ethereum has been talking about The Merge for months now. The move would move Ethereum from a proof of work (PoW) module to proof of stake (PoS). This would potentially...

Mendoza – a province in the western region of Argentina and the fifth most populous area in the country – says it’s allowing residents to use cryptocurrencies like bitcoin to pay for taxes and other city-based bills. Argentina Continues Its Crypto Acceptance Run The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on either speculative...

There’s a new crypto bank in town. Known as Buy Bitcoin Bank, the digital currency firm is looking to ensure all crypto traders have the tools, resources, and education they need to trade intelligently and make appropriate decisions when it comes to adding digital currencies to their portfolios. Buy Bitcoin Bank Is Pushing for Stronger Education There’s nothing wrong with investing, nor is there anything wrong with diversifying one’s portfolio. However, what can be...

Singapore says it’s considering introducing new laws that will make it much harder for crypto retail investors to trade digital assets during this time. The nation’s regulators say they are truly concerned about the ongoing risks involved with virtual money. Singapore Is Worried About Crypto Trading Singapore has stated that many people getting involved in crypto are simply doing so because they are experiencing fear of missing out or “FOMO.” Regulators say people are...

Ethereum – the world’s second largest digital currency by market cap and the number one competitor to bitcoin – allegedly experienced its turn from proof of work (PoW) to proof of stake (PoS) just over a week ago. Ethereum Has Completed the “Merge” Many are wondering how much energy is slated to be saved now that Ethereum has made the move it’s been talking about for the past God knows how many years, and according to one analyst, Ethereum is slated to bring its energy...