Tag Archives: News

A division of Binance has been banned in the United Kingdom. Regulators from within the country are no longer permitting a sector of one of the world’s biggest and most popular cryptocurrency exchanges to provide services to residents of the UK as they work out regulatory guidelines for the crypto space. Binance Markets Limited Is No Longer Working in the UK While Binance.com is still accessible to traders in the country, they will no longer be able to garner services...

Tron price formed a base above $0.0500 and started a fresh increase against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair is correcting gains, but dips are likely to be limited below $0.0640 and $0.0620. TRON price is now showing positive signs above $0.0600 against the US Dollar,...

Bitcoin price started a fresh increase from the $30,000 support zone against the US Dollar. The price is now trading above the $35,000 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is correcting gains, but it is likely to remain stable above $35,000 and $34,000 in the near term. Bitcoin price is recovering higher...

Elon Musk is in the news again. This time, he is sticking up for the meme currency Dogecoin, and saying how much he supports a proposed upgrade that could potentially allow Doge transactions to become cheaper in the future. Elon Musk Shows Support for Doge There are probably a healthy number of people out there that really could give a hoot about anything Musk has to say at this point. The man has played so many games in the past two months and tweeted so much nonsense...

The Chicago Mercantile Exchange (CME) has hit a new peak. Just one month after launching its new bitcoin micro futures, the company has seen approximately one million of these contracts traded, suggesting that institutional investing in the bitcoin space has not died down since the currency began experiencing heavy losses from its mid-April high. The CME Has Struck a Top Chord CME put out the following message on Twitter: Today, we announced a new milestone for micro...

Bitcoin has been trapped in the doldrums as of late, but the currency is still on the radar of several institutional investors such as Ricardo Salinas Pliego, a Mexican billionaire who is working with his bank to become the first Mexican financial institution to accept the world’s number one digital currency by market cap. Mexican Billionaire Pliego Plays the BTC Horn Over the weekend, Pliego tweeted the following: Me and my bank are working to be the first bank in...

ADA price started a fresh increase after it found support near $1.00 against the US Dollar. The price is now trading above $1.30 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $1.30 on the 4-hours chart (data feed via Bitfinex). The price is consolidating above the trend line and it could rally above the $1.35 resistance zone. Cardano price is trading in a positive zone above $1.30 against the US...

Ethereum price started a decent recovery wave from the $1,700 zone against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,850 on the 4-hours chart (data feed from Coinbase). The pair is likely to correct further higher towards the $2,275 resistance zone in the near term. Ethereum price is recovering higher above $2,000 against the US Dollar....

Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – and Jack Dorsey, the CEO Of both Twitter and Square, have agreed to meet at an upcoming conference to discuss the future of the world’s number one digital currency by market cap. Elon Musk and Jack Dorsey Will Discuss BTC Together Both Elon Musk and Jack Dorsey have contributed greatly – in both negative and positive ways – to the bitcoin and crypto scene. Dorsey’s...

Residents of El Salvador will soon be eligible to receive a $30 bitcoin gift granted they open a new “Chivo” digital wallet. El Salvador Is Giving Free BTC to Its Citizens El Salvador recently made heavy crypto headlines when it was announced that bitcoin would be legal tender within the country’s borders beginning on September 7. This came after a hard-fought battle with the World Bank, which stated that it would not offer any assistance to El Salvador given that it was...