Tag Archives: News

For bitcoin and cryptocurrency fans, the name Nayib Bukele should ring several bells. As the president of El Salvador, the man was tasked with integrating bitcoin as legal tender in his country. Nayib Bukele Should Be Admired for His Bitcoin Plans Bukele has clearly done this for no other reason than to keep his people financially safe and independent. He’s not only a bitcoin believer, but a true leader in that he has taken it upon himself to do something quite difficult...

Solana price extended decline below the $80 support against the US Dollar. The price is now trading below $80 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $67.50 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $68 and $74 to start a fresh recovery wave in the near term. Solano price is struggling below $80 against the US Dollar, similar to bitcoin. SOL could decline...

OK Coin – a popular and large digital currency trading platform – has agreed to take up office space in downtown San Jose, part of the Silicon Valley in northern California. The region is known for hosting a wide array of many of the world’s leading tech companies including Apple, Facebook, and Google. OK Coin Leases Large San Jose Office Space The office address is 160 W. Santa Clara St. and consists of 35,000 square feet. In other words, it’s pretty darn big. OK Coin...

Binance – the largest and most popular digital currency platform by daily trading volume – says that it is unveiling a new cryptocurrency-based credit card to be used by Ukrainians that have been displaced by the ongoing conflict with Russia. Binance Establishes New Crypto Credit Card for Ukrainians Roughly three months ago, the world watched in horror as Russia invaded Ukraine. Since then, the United States and many of its allies have sought to place sanctions on...

Bitcoin ATM provider Chain Bytes has set up a new machine in the Mexican Senate building. The company is working with bitcoin ATM manufacturer Axolotl Bitcoin to establish the machine’s presence and lead the efforts of Mexican Senator Indira Kempis as a means of establishing bitcoin as official legal tender within the country’s borders. Chain Bytes Establishes Bitcoin ATM for Mexican Lawmakers Eric Grill – the CEO of Chain Bytes – explained in a recent interview: We are...

ADA price started a steady decline from the $0.80 resistance against the US Dollar. The price is now trading below $0.70 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.655 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if it fails to recover above the $0.655 resistance zone. Cardano price is declining below $0.70 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price started a fresh decline from the $2,800 zone against the US Dollar. ETH price is now trading below $2,500 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $2,800 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $2,000 support level. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of more...

The Central African Republic (CAR) has become the second country after El Salvador to declare bitcoin legal tender. Customers can walk into any store or company and purchase goods and services with bitcoin and owners and managers must be accepting of the digital currency. The Central African Republic Says “Yes” to Bitcoin In a statement, Obed Namsio – the chief of staff of Faustin Archange Touadera, the President of the Central African Republic – said that a bill had...

Fort Worth, Texas has become the first city government in all the United States to mine bitcoin. The city is employing three Antminer S9 rigs that will run all day, every day in a technology wing of the region’s city hall. Fort Worth, Texas Is at the Heart of BTC Mining Per city estimates, each rig will require about as much energy as a standard vacuum cleaner. Officials assure residents that the process will be clean. In addition, all three machines will be run on a...

A new cryptocurrency called $FEM has entered the market. Designed for women by women, the asset was built to bring more ladies into the crypto space, which is still allegedly dominated by men. Will $FEM Coin Help Women Get Involved in Crypto? One of the biggest complaints about the crypto space is that it has reportedly become rather exclusive, and when one says exclusive, they mean it is largely geared towards male traders – no one else. Currently, only about five...