Tag Archives: News

Ethereum price started a major increase above the $1,800 level against the US Dollar. ETH price is now trading above $1,850 and the 55 simple moving average (4-hours). There was a break above a connecting bearish trend line with resistance near $1,760 on the 4-hours chart (data feed from Coinbase). The pair could gain bullish momentum if it clears the $1,920 resistance zone. Ethereum price is rising above the $1,800 level against the US Dollar. ETH/USD could rise further...

Can bitcoin and crypto help minorities? This appears to be the overall sentiment amongst many analysts and industry heads. How Minorities Can Benefit from Crypto Several claim that minorities have often been underbanked or have faced opposition from standard financial institutions. These minorities often do not gain access to the tools or services they need to stay afloat and survive, and bitcoin can potentially bring them the solutions they’re eager for. Teri Williams –...

Rockefeller International managing director and chairman Ruchir Sharma thinks bitcoin is going to endure a serious comeback in the coming months. Ruchir Sharma on the Future of BTC At the time of writing, bitcoin is enduring one of the worst bear markets in history. The world’s number one digital currency by market cap shot up to roughly $68,000 per unit last November, thus achieving a new all-time high. However, the asset has since fallen by more than 70 percent and is...

Chelsea Manning has always been a bitcoin fan, though she’s more into the technology rather than the actual coin itself. She believes that the blockchain technology supporting BTC can potentially ensure that information is stored securely, though she doesn’t think the currency has much economic promise, nor does she think it will endure widespread adoption as a payment method. Chelsea Mannings Loves Blockchain, Not BTC Manning, as many of us remember, was pardoned by...

The crypto winter is really wreaking havoc on crypto miners everywhere. While large scale miners are still doing “ok” in the general scope of things, those who have simply made mining a hobby and who are doing it from home have either been forced to leave the industry completely or really scale back so they can save money on their operations. Crypto Miners Have Seen Profits Really Fall Many of the at-home crypto miners to emerge in recent years say they have seen their...

If you’re interested in paying for a butt lift or tummy tuck with digital currency, it appears the stars are aligned with your goals. Dr. Rohit Jaiswal – the head plastic surgeon at Atelier Plastic Surgery – has announced he will be accepting digital currencies like bitcoin as a method of payment for cosmetic procedures. Dr. Rohit Jaiswal Opens His Heart to Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many...

Sam Bankman-Fried – the crypto executive behind the growing and increasingly popular digital exchange FTX – has said many of the digital currencies out there are “empty products” with “real crash potential.” Sam Bankman-Fried on Many of the Newer Assets His words come at a time when the crypto space is arguably suffering like it never has before. Assets like bitcoin, for example, have lost more than 70 percent of their value at the time of writing, with the world’s...

Coin Switch – a digital currency investing app – has announced Sudheer Tumuluru as the head of its crypto engineering department. Coin Switch Has Added Many People to Its Payroll Sudheer previously served as the vice president of engineering for fashion for the e-commerce company Myntra. He has worked extensively with big data, cloud, and infrastructure platforms, and with several companies in both the United States and India. He’s excited to be bringing his wealth of...

Elon Musk has come to his own defense following a recent lawsuit that has been thrown in his direction. The suit is coming from a group of investors who claim they lost millions of dollars on Dogecoin investments after listening to Musk talk it up. Elon Musk Says He’s Not the Bad Guy Musk has always been a crypto bull, especially when it comes to Doge. He was long rumored to be the new CEO of Dogecoin, though sadly, this later turned out to be just an internet rumor....

Could bitcoin increase its price by as much as 30 percent in the coming months? Bitcoin May Come Back from Oblivion in Two Months There are many analysts out there that seem to believe October of this year will be a major turning point for bitcoin. They believe the asset could add as much as 30 percent to its value, which per its price at the time of writing, would mean that it would shoot up to about $28,000 or $29,000. That’s not much of an improvement, but it’s...