Tag Archives: News

Late July saw bitcoin rise above the $23,000 mark for the first time in over a week. The world’s number one digital currency saw itself spike after the Fed decided to push rates another 75 points. Bitcoin Spikes Following Rate Hikes The behavior is just more proof that bitcoin is very unpredictable, as up to this point, ongoing rate hikes have often been the leading culprit behind the bitcoin dips we’ve been witnessing in recent weeks. Bitcoin has been on something of a...

Black Enterprise – a program that focuses on wealth building in the black community – is putting together its first Future of Financial Services summit which will focus on fintech, cryptocurrency, and wealth. Black Enterprise Introduces Crypto to Attendees The idea is to give more African Americans the opportunity to invest in cryptocurrency and add blockchain projects to their portfolios. Up until this point, it is widely believed that the standard financial market has...

EOS price rallied and was able to clear the $1.60 resistance against the US Dollar. The price is now trading above $1.60 and the 55 simple moving average (4-hours). There is a declining channel forming with resistance near $1.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move up if it stays above the $1.64 and $1.60 support levels. EOS price is rising above $1.60 against the US Dollar, similar to bitcoin. The price...

Litecoin started a fresh decline from well above the $62 zone against the US Dollar. LTC price is now trading below $60 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $60 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could recover, but upsides might be limited above the $58 and $60 levels. Litecoin price is struggling below $60 against the US Dollar, similar to bitcoin. LTC...

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...

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...

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...

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...

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...

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...