Tag Archives: News

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...

Brad Garlinghouse, the man behind major altcoin and payment system Ripple, says that “tribalism” is preventing the $2 trillion crypto space from getting any further. Brad Garlinghouse On Crypto: There’s Too Much “Tribalism” In a recent interview, Garlinghouse stated: Polarization isn’t healthy in my judgement. I own bitcoin, I own ether, I own some others. I am an absolute believer that this industry is going to continue to thrive. All boats can rise. Garlinghouse is a...

The United States Secret Service is working hard to crack down on illicit crypto use. At the time of writing, a new report has been issued claiming that the Secret Service has garnered as much as $102 million in illicit crypto funds through fraud-related investigations. The Secret Service Is Going After Illicit Crypto Actors David Smith is the assistant director of investigations for the Secret Service. He says that agents everywhere are monitoring blockchain activity...

The International Monetary Fund (IMF) is worried about all the bitcoin love and adoption that’s occurring all over the world. The agency feels that all this bitcoin usage bears some level of danger to the world’s standard financial systems. The IMF Warns About Further Bitcoin Usage Interestingly, the IMF recently expressed this concern directly to El Salvador, a Central American nation that declared bitcoin legal tender back in September of last year. Now in its seventh...

A new crypto platform is launching. Known as H2cryptO, the company is based in Atlanta, Georgia, and will provide a string of services and tools through both artificial intelligence (AI) and human support tactics that will help traders make educated decisions about where to go with their crypto investments. H2CryptO Is Here to Address Your Crypto Concerns H2cryptO was initially founded in the year 2021 by Georgia Kushner, Jake Perez, and Frederic Rough. The company was...

India is still having a tough time deciding if it wants to allow crypto in its future or not. One of the people casting doubt on whether digital currencies have a space in the later years of India is Union Finance Minister Nirmala Sitharaman, who last Monday explained in an interview that money laundering is a big concern amongst her constituents. India Is Worried about Crypto Money Laundering She believes that money laundering and other illicit crimes are too big to...

A crypto system known as Beanstalk has been infiltrated and ultimately lost more than $180 million in reserves. The hack occurred through unusual means in which an attacker used borrowed funds to garner the voting rights necessary to transfer all the money into his (or her) own personal account. Beanstalk Has Lost a Lot of Money On its website, Beanstalk is described as a “decentralized” asset that’s also a stable currency. While Beanstalk itself is the network in which...