Eng Taing is a real estate investor who loves making money. So much so that he’s now getting into crypto. Aside from putting his money into the housing market, he’s now established a new crypto mining firm consisting of about 261 machines. Eng Taing Has Set Up a Successful BTC Mining Firm In a recent article, Taing says that while crypto isn’t necessarily his first love, he sees the industry has a lot of potential. Thus, he wants to be in on the wealth secrets that the...
Read More »Bitcoin Cash Analysis: Risk of More Losses Below $270
Bitcoin cash price started a fresh decline from the $300 resistance against the US Dollar. The price is now trading below the $280 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $281 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $270 support zone in the near term. Bitcoin cash price is struggling below $300 against the US...
Read More »Fed Will Hike Rates Again; What Will Happen to BTC?
Leave it to the Fed to say something stupid that ultimately brings down the prices of bitcoin and many of its altcoin cousins. The world’s number one digital currency is now trading for just over $40K at the time of writing after Jerome Powell of the Federal Reserve commented that the agency is looking to hike rates again next month as a way of combating inflation. The Fed Will Hike Rates Again In addition to bitcoin, assets like Ethereum fell by more than five percent,...
Read More »Rhode Island Legislator Introduces Green Crypto Bill
A legislator from Rhode Island wants to introduce a new green digital currency that will help with the state’s ongoing issues surrounding the climate and homelessness. The currency is being introduced by representative Carlos E. Tobon, a democrat from Pawtucket. Rhode Island Moves Forward with Green Crypto Plans The plan would be that the United Nations or some other government agency would provide property owners with green units if they built homes that rely on...
Read More »Argentina and Bitcoin: A Perfect Match?
Argentina has long been marred by a battered economy and corrupt politicians. Many remember a time in the early 90s when these politicians froze everybody’s bank accounts overnight, and many people saw the quick evaporation of their savings. Argentina Works to Obtain BTC Jeronimo Ferrer doesn’t want anything like that happening again – not to him or any member of his family or community. As a result, he’s been running a walking tour he calls “Our Local Crazy Economy and...
Read More »EOS Price Analysis: More Gains Possible Above $2.30
EOS price started a fresh increase from the $1.920 low against the US Dollar. The price is now trading above $2.10 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.10 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend its increase if it clears the $2.30 resistance zone in the near term. EOS price is gaining pace above $2.10 against the US Dollar, similar to...
Read More »Litecoin (LTC) Price Analysis: Bulls In Control Above $100
Litecoin started a fresh increase from the $94 low against the US Dollar. LTC price is now trading above $100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $100 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could accelerate higher above the $107 and $110 resistance levels. Litecoin price is gaining pace above $100 against the US Dollar, similar to bitcoin. LTC price could...
Read More »Michael Saylor Says His Firm Is Like a BTC ETF
MicroStrategy is arguably a giant in the world of computer software, but at this stage, the company has invested so much money in bitcoin that CEO Michael Saylor says investing in his company is the equivalent of BTC spot trading. Michael Saylor Is Confident in His Company’s BTC Dealings Saylor said these words in a half serious, half joking manner. It has been said before that the company’s stock shares now correlate rather heavily with bitcoin given how much the...
Read More »Teacher Deon Wessel Loses a Lot of Money to Crypto Thieves
Students are working hard to raise awareness of the growing world of crypto fraud after their teacher was scammed out of $5,000. Deon Wessel was ultimately looking for ways to fund his eventual retirement and came across a crypto scheme that sounded like cash in the bag. Unfortunately, it looks like the scheme has done nothing but empty his pockets even further. Deon Wessel Loses a Lot to Crypto Scammers Wessel was contacted by what appeared to be a legitimate crypto...
Read More »Pawtocol Permits Crypto Donations for New Pet Fund
Pawtocol – a blockchain platform designed to improve the lives of both pets and their owners – announced the establishment of what’s known as Pawtocol Pet Fund, the first blockchain-powered fund built to assist animal rescues and shelters. Pawtocol Establishes Crypto Pet Fund The company says that 100 percent of all cryptocurrency donations it receives will be provided directly to animals in need, along with the shelters providing them with food and provisions. Colin...
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