Tag Archives: News

Phunware, Inc. – an enterprise cloud platform and services firm for global brands – is bringing Matt Lull onboard as its new executive vice president and chief cryptocurrency officer. Lull brings 30 years of financial experience to the role, and his position took effect on April 18 of this year. Phunware Is Growing Its Crypto Abilities The addition of the role suggests digital currencies are now crossing deeply into mainstream territory, and we can likely expect to see...

ADA price started a steady decline from the $0.90 resistance against the US Dollar. The price is now trading below $0.80 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.835 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to recover above the $0.840 resistance zone. Cardano price is declining below $0.80 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $2,980 zone against the US Dollar. ETH price is now trading below $2,900 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2,870 on the 4-hours chart (data feed from Coinbase). The pair must clear $2,870 and $2,980 to start a fresh increase in the near term. Ethereum price is struggling below $3,000 against the US Dollar. ETH/USD remains at a risk of more...

El Salvador has been the subject of news ever since it declared bitcoin legal tender last September. What a lot of people don’t know is that a town in Switzerland called Lugano decided to follow in the country’s footsteps. The region has made bitcoin official money for its Italian-speaking residents, and while the journey may be slow, bitcoin is reaching the future it was destined for gradually. Lugano Is Headed for Bitcoin Greatness The area didn’t get much publicity...

SFL Maven Corp – a firm that sells luxury goods – has announced it will soon accept bitcoin and other assorted cryptocurrencies as payments. Digital assets can now be utilized to purchase high-end vintage jewelry and other expensive items that are sure to make their owners feel rich. SFL Maven Will Accept BTC for Goods SFL Maven is bringing the initial goals of the crypto world closer to reality. While many of these assets have become rather speculative in recent years,...

A mining company in Denver, Colorado called Crusoe Energy has gotten its hands on $350 million through a new series C funding round led by G2 Venture Partners. Crusoe Energy Just Built Up Its Financial Reserves Crusoe Energy is famous for its ability to use wasted natural gas as power for mining bitcoin units. This is an argument that continues to arise in the crypto mining world. Can miners potentially use renewable energy to mine their assets so that the Earth is not...

Stellar lumen price started a fresh decline from the $0.1950 resistance zone against the US Dollar. XLM price is now trading below $0.1800 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $0.1800 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1700 support. Stellar lumen price is trading in a bearish zone below $0.1800 against the US Dollar,...

Ripple price started a fresh decline from the $0.7650 zone against the US dollar. The price is now trading below $0.65 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.6080 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend recovery if there is a move above the $0.6330 resistance zone. Ripple price is struggling below $0.6500 against the US Dollar, similar to...

Crypto is very confusing to a lot of people according to Bryan Oglesby, a spokesperson for the Better Business Bureau (BBB). This is exactly why crypto has become such a powerful tool in ongoing fraud attempts and scams that regularly permeate the financial space. Bryan Oglesby On Crypto: It’s Rather Confusing In a recent statement, Oglesby claimed: Cryptocurrency is very confusing to a lot of consumers. Because there is all this confusion, scammers take this as an...

IN4X – an international crypto technology solutions firm – has introduced a new crypto-based payment solution for markets in the Middle East. The company is now working to ensure businesses and companies in that neck of the woods can accept cryptocurrencies as payments for goods and services. IN4X Introduces Middle Eastern Crypto Payment Solution IN4X is bringing the initial goals of the crypto world to the forefront given that many of the world’s leading digital assets...