James Howells is a man who will do just about anything to get his lost bitcoins back. James Howells Is Really Eager to Find His Lost Funds About nine years ago, Howells accidentally discarded a zip drive that contained as many as 8,000 individual bitcoin units. These units are lost somewhere in a city dump – a dump that local officials refuse to let him dig through. These bitcoin units would be worth more than $180 million at the time of writing, and Howells says he has...
Read More »The SEC Announces New Coinbase Investigation
Coinbase is one of the world’s largest and most powerful cryptocurrency exchanges, but lately, it’s having a hard time. Coinbase Is Being Looked at by the SEC Things started out rough a few months ago when the company announced it was going to be enforcing a hiring freeze due to the ongoing crypto winter. Initially, 2022 was going to be the year in which the exchange rose to new heights and practically tripled its workforce, but crashing prices ultimately brought an end...
Read More »Miami Mayor Francis Suarez Is Still a Bitcoin Loyalist
Miami mayor Francis Suarez says he’s still crazy about bitcoin and he’s not concerned about the recent price dips. Francis Suarez Still Thinks BTC Is the Future Bitcoin is the world’s number one digital currency by market cap. Last November, the currency impressed the world and rose to a whopping $68,000 per unit, though now, the asset is struggling just to maintain a low $20K position. The currency has lost more than 70 percent of its overall value in what has arguably...
Read More »Solana (SOL) Price Analysis: Risk of More Losses Below $34
Solana price started a fresh decline from the $48 resistance zone against the US Dollar. The price is now trading below $40 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $42.00 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair could extend losses if there is a clear move below the $34.00 support zone. Solana price is trading below $38 against the US Dollar, similar to bitcoin. SOL...
Read More »Bitcoin Price Analysis: BTC At Risk of Drop To $20K
Bitcoin price started a fresh decline below the $22,500 zone against the US Dollar. The price is now trading below $22,000 and the 55 simple moving average (4-hours). There was a break below a major rising channel with support near $23,750 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to decline further it there is no recovery above the $21,750 resistance. Bitcoin price is struggling below $22,000 against the US Dollar. BTC...
Read More »Crypto Firm Crypso Garners $3 Million in New Funds
Crypso – a digital currency investing platform – has garnered an impressive $3 million in new seed funding. The round saw the participation of many of the crypto arena’s most prominent leaders including Hashed Emergent, Athera Venture Partners, Better Capital, Whiteboard Capital, and the founders of Polygon. Crypso Gets a Lot of Money Crypso says it’s planning to use the funds it’s received to boost its user base and increase the breadth of both its technology and...
Read More »James Wester Is the New Director of Crypto at Javelin Strategy
Javelin Strategy & Research has brought James Wester onboard as its new director of cryptocurrency. Javelin Strategy & Research Adds James Wester to Its Team The move is a testament to how popular crypto remains despite the onslaught of prices. Bitcoin, for example, is the world’s number one digital currency by market cap. In recent months, the asset has lost more than 70 percent of its value, having dropped from a new all-time high of about $68,000 per unit in...
Read More »Brazil’s XP Inc Opens Its Doors to Crypto Trading
XP Inc – a brokerage firm in Brazil – is allowing its clients to invest in digital currencies, suggesting that despite prices crashing in recent months, these new assets are still as popular and as sought after as ever. At the time of writing, the company will purely offer access to both bitcoin and Ethereum, though executives say they have every intention of expanding their listings by the end of the year. XP Inc Is Allowing Users to Trade Crypto Lucas Rabechini – the...
Read More »Cardano (ADA) Price Analysis: Bears In Control Below $0.5
ADA price failed to surpass the $0.600 resistance and declined against the US Dollar. The price is now trading below $0.500 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.540 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to stay above the $0.436 support zone. Cardano price is struggling below $0.50 against the US Dollar, similar to bitcoin. ADA price...
Read More »Ethereum Price Analysis: ETH Struggles Near Key Support
Ethereum price started a fresh decline from the $2,000 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,520 zone. Ethereum price is struggling below $1,700 against the US Dollar. ETH/USD remains at a risk of...
Read More »