Tag Archives: News

Beauty software company Meitu says it has lost a lot of money on crypto. Meitu Is Suffering Due to Crypto’s Volatility Meitu is one of a few institutional investors that chose to get involved in crypto as the space began growing to unprecedented levels. The company – much like MicroStrategy and Square – felt that the industry was strong enough and, at the time, stable enough that a few investments were warranted. The company eventually put in hundreds of millions of...

Chainalysis – a known blockchain analysis company – has partnered with Cellebrite DI, a global leader in digital intelligence solutions to assist customers and help them identify criminal crypto activity. Chainalysis Is Looking to Uncover More Crime The goal is to ensure resolutions happen and happen quickly. The crypto space has become synonymous with crime in recent years, with recent examples of illicit activity including hacks on the Harmony exchange in Northern...

Stellar lumen price started a fresh increase above the $0.1150 resistance zone against the US Dollar. XLM price is now trading above $0.1150 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1100 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if it stays above the $0.1150 and $0.1120 support levels. Stellar lumen price is trading above $0.1150 against the US Dollar, similar...

Ripple price gained pace and cleared the $0.3550 resistance against the US dollar. The price is now trading above $0.35 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.3600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could rise steadily if it stays above the $0.3750 and $0.3670 support levels. Ripple price is recovering above $0.3500 against the US Dollar, similar to...

The government of Singapore is saying it’s likely to implement new cryptocurrency regulations in the coming future that will potentially keep retailers safe. Singapore Is Looking Deeper at Crypto Regulation Singapore has commented that there is too much volatility and unsteadiness in the digital currency market, especially as of late. The country is looking to ensure people are aware of the risks before they step in. Singapore regulators also say they want retail players...

Classic Parade – a company that rents out luxury supercars in the United Kingdom – is allowing customers to make payments with assets like bitcoin and Ethereum. Classic Parade: Rent a Supercar for 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 recent years, many of them...

“No Man’s Sky” is a digital game that has been very popular for quite some time now. Unfortunately, there isn’t much one can really do with the in-game virtual currency it comes with. While one can ultimately garner credits and use them for in-game shops, this is kind of where the buck stops. “No Man’s Sky” Is Moving Deeper Into Crypto It appears many diehard crypto fans who play “No Man’s Sky” want something a little savvier. They want an asset that will allow them to...

Kathy Hochul – the current governor of New York – is facing real pressure to hurry up and sign the crypto moratorium that her state’s Assembly passed. Environmentalists Want Hochul to Move It is interesting to see such a liberal leader so hesitant to sign the moratorium. The bill calls for a two-year ban on all digital currency mining businesses thinking of setting up operations in the Empire State. Perhaps Hochul sees something wrong with the bill… Or perhaps, unlike...

Didi Taihuttu is a man that most crypto traders should likely be familiar with. As the patriarch of what’s been dubbed the “bitcoin family,” he and his kin have ultimately sold all their belongings and devoted their lives to bitcoin. They’ve invested everything into it, and have – up to this point – been living the high life thanks to the world’s number one digital currency by market cap. Didi Taihuttu Is Still Bullish About BTC But this kind of life has come with a few...

Popular digital currency exchange Coinbase is in hot water after executives were accused of selling users’ private data to ICE (Immigrations and Customs Enforcement). Coinbase Accused of Selling Private Data While specific data of customers is not being disclosed to the agency, Coinbase is allegedly providing it with a suite of features that can be used to track and trace crypto holders on its platform. The company also announced that it was looking to obtain licenses to...