Tag Archives: News

Ethereum price started a decent increase 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 was a break above a major bearish trend line with resistance near $1,310 on the 4-hours chart (data feed from Coinbase). The pair could rally further if it clears the $1,400 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it...

Bitcoin and Ethereum have been having a tough time. The problems began again at the end of August when Jerome Powell, the leader of the Federal Reserve, made a five-minute speech suggesting the agency was going to be ruthless in its attempts to curb inflation. Bitcoin Ain’t Doing So Hot This, of course, means people can potentially look forward to further rate hikes, which have not done well for bitcoin. Every time rates go up, bitcoin’s price goes down along with the...

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Mario Abdo Benitez – the president of Paraguay – has rejected a crypto mining bill that would have brought a certain level of regulation to an industry that has grown so popular in recent years. Benitez Doesn’t Want to Regulate Crypto Mining The bill calls for two specific things. Number one, it asks for committees and agencies throughout the country to explore the benefits of mining to see if it could potentially be transformed into an industrial activity. This would...

A panel of House members in the United States Congress is pressing cryptocurrency leaders to discuss what they’re planning to do to protect potential crypto investors from falling victim to fraud and scams. How Can Crypto Keep People Safe? One of the big problems associated with running an unregulated industry like crypto is the fact that there are virtually no rules, and there are practically no governing bodies that can get in the way of things going wrong or people...

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