Stellar lumen price started a fresh increase above the $0.1250 resistance zone against the US Dollar. XLM price is now trading above $0.1250 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.1260 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1250 and $0.1220 support levels. Stellar lumen price is trading above $0.1250 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Bulls Eye Upside Break Above $0.4
Ripple price gained pace and cleared the $0.3650 resistance against the US dollar. The price is now trading above $0.365 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.3740 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3720 and $0.3650 support levels. Ripple price is recovering above $0.3750 against the US Dollar, similar to bitcoin....
Read More »Analysts: The Time to Buy Bitcoin Is NOW!
The crypto space isn’t doing well, but according to many analysts, the time to buy is now. Several industry heads are claiming that those who are enthusiastic about bitcoin need to begin stocking up and adding to their stashes quickly in that the market could find itself rebounding very soon. Analysts Say We Should Be Buying Bitcoin Should this happen, prices will immediately go up, meaning many of the traders and investors out there will get stuck paying higher prices...
Read More »PGA Tour Accepts Crypto Payments for Tickets and Hospitality Packages
The Barracuda Championship is the first PGA Tour stop that will be accepting cryptocurrency as a method of payment for event tickets. Thus, golf fans and digital currency fans alike can finally meet in the middle and enjoy something together. PGA 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...
Read More »Ray Youssef: Crypto Will Stick Around
With the crypto space falling into oblivion, many wonder if the arena has what it takes to ever come back. According to Ray Youssef of Paxful fame, the crypto industry isn’t going anywhere, and he’s confident market recovery will soon be in the books. Ray Youssef on the State of Crypto In a recent interview, Youssef stated that while things may look bleak at the time of writing, no one really needs to worry. He says that the crypto space has garnered enough adoption that...
Read More »Heatwave Causes Texas BTC Miners to Slow Down
There is a rapid heatwave spreading through the state of Texas. This means everybody’s air conditioning units are going to be on, and electricity is going to be short. As a result, crypto miners in the Lone Star state are expected to shut down here and there to at least calm their operations for a while. Texas Is the Crypto Mining Hotspot Texas, for the past several months, has caught the eye of crypto miners across the globe. Not only does the region offer vast amounts...
Read More »ING Bank Unveils New Crypto Custody Product
ING Bank, a financial institution based in the Netherlands, has unveiled a new crypto product called Pyctor, which will provide crypto custody services and a post-trade infrastructure platform to GMEX Group, a trading enterprise with a special niche for crypto assets. ING Bank Unleashes Pyctor The move is coming at an unusual time. The digital currency market has been in a heavy period of suffering during the past several months, with assets like bitcoin losing more than...
Read More »Are People Seeing God in Bitcoin?
Does bitcoin have a religious side to it many of us never knew existed? According to many traders, they have found God in bitcoin, and they are now reverting to their faith more than ever. Is God Present in Bitcoin? Tomer Strolight is one such person. He says he never believed in God up until 2013. That’s the year he discovered bitcoin. He found the asset fascinating and aside from investing in the currency, he says BTC has brought him something he never thought...
Read More »Bit Give Works with Heifer International to Boost Crypto Donations
Bit Give, the first bitcoin non-profit, is moving all its assets to a company known as Heifer International, a global development enterprise that seeks to end world hunger through sustainable means. Bit Give Transfers Its Assets to Heifer International Part of the partnership enables Heifer to take over what’s known as Give Track, the donation platform of Bit Give. It will also have ownership of the firm’s logo and brand assets and Give Track will be further developed...
Read More »Paul Krake Is No Bitcoin Fan
Paul Krake is an ex-macro hedge fund manager that doesn’t think much of crypto. In fact, he’s downright skeptical of the space. Paul Krake Doesn’t Think Much of Crypto In a recent interview, Krake said he’s convinced many digital currencies are going to vanish into thin air in the coming years. He thinks a lot of them are fraudulent and will not stand the test of time. He stated: There are 19,000 [crypto] coins in the world. 18,980 of them are going under… Crypto is BS,...
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