Tag Archives: News

Bitcoin bull and hedge fund gazillionaire Mike Novogratz stirred controversy on social media when he used the recent Supreme Court decision to repeal Roe v. Wade to promote bitcoin. Mike Novogratz Takes Political Flak The decision – which occurred just a few weeks ago in late June – led to heavy protests on the left side of the political spectrum and cheering on the right. The repeal of Roe v. Wade severely limits one’s access to abortion rights in the United States...

In late June, bitcoin briefly sank below the $19,000 mark again for the first time in several weeks following news that Three Arrows Capital – a cryptocurrency hedge fund – was being forced to liquidate. Three Arrows Capital Is Falling Apart The organization had been under suspicious eyes for some time. Not long ago, representatives of Three Arrows Capital swore that no liquidation was coming, claiming the following: We are in the process of communicating with relevant...

Tron price started a fresh decline from the $0.0708 level against the US Dollar. TRX price is now trading below $0.0660 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0664 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it breaks the $0.0642 support zone. TRON price started a fresh decline below $0.0680 against the US Dollar, similar bitcoin. TRX price could decline...

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 key bullish trend line with support near $20,850 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could continue to decline if there is a move below the $20,750 support. Bitcoin price is struggling below $22,000 against the US Dollar. BTC might extend...

Shaktikanta Das – the governor of the Reserve Bank of India (RBI) – is not a fan of cryptocurrencies, having recently insulted them and practically cursed them in an interview. He even went so far as to suggest they present “danger” to society and the financial industry as we know it. Das Has No Love for Crypto Das commented: We must be mindful of the emerging risks on the horizon. Cryptocurrencies are a clear danger. Anything that derives value based on make believe,...

Hackers in North Korea are once again making headlines. They are being blamed for the recent attack on a California-based crypto exchange called Harmony that ultimately resulted in more than $100 million in crypto funds vanishing overnight. Hackers in North Korea Labeled “Harmony Attackers” Three digital investigative firms have concluded that North Korea was at the center of the attack on Harmony. The money was stolen on the date of June 23 from a division known as...

The state of New York has introduced a new bill that if passed, would officially end all future proof of work (PoW) mining operations that want to call the Empire State home. New York Could End Crypto Mining for a While Right now, the bill is being discussed by the New York State Assembly in Albany, the region’s capital. The bill calls for a moratorium of not less than two years on all crypto mining operations within the state’s borders. The idea is to further study the...

Fidelity Investments has opened its retirement services to those who love crypto. Fans of digital currencies like bitcoin and Ethereum can now purchase these assets and many others like them through their Fidelity-based 401Ks and retirement funds. Fidelity Is Stirring Concerns Amongst US Lawmakers Naturally, the move leads to many questions, a main one being, “How big will the crypto space become from here on out?” The maneuver is likely to lead to new levels of...

Italian luxury brand Gucci – which specializes in fashion and leather goods – is allowing customers to pay for items with digital currencies like bitcoin and Shiba Inu, a popular spinoff of meme cryptocurrency Dogecoin. The company says its customers have been showing heavy demand for crypto in recent years, and thus executives want to adhere to their needs and wants. Gucci Will Begin Accepting Crypto Payments for Luxury Items The move is pushing the goals of bitcoin and...

Ethereum price started a fresh decline from the $2,500 zone against the US Dollar. ETH price is now trading below $2,200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,100 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $1,650 support level. Ethereum price is struggling below $2,200 against the US Dollar. ETH/USD remains at a risk of more downsides if...