Tag Archives: News

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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...