The Dallas Cowboys football team has carved out a crypto-based partnership with Blockchain.com, one of the oldest and most trusted digital currency platforms in the world. The Dallas Cowboys Have Become the First Crypto-Sponsored NFL Team As the owner of the Dallas Cowboys, Jerry Jones felt that moving deeper into the growing crypto industry was the only way to bring the sport he loves so much closer to the times. In an interview, he said: Blockchain is one of the oldest...
Read More »EOS Price Analysis: Key Hurdle Nearby At $3
EOS price started a recovery wave above the $2.50 resistance zone against the US Dollar. The price is now trading above $2.75 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $2.68 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $2.89 resistance zone in the near term. EOS price is showing bullish signs above $2.75 against the US Dollar,...
Read More »Litecoin (LTC) Price Analysis: Bulls Target Bullish Move Above $120
Litecoin started a recovery wave above the $105 resistance against the US Dollar. LTC price is now trading above $105 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $112 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $115 and $118 in the near term. Litecoin price is showing positive signs above $100 against the US Dollar, similar to...
Read More »Wikimedia Foundation Turns Its Back on Crypto Donations
The Wikimedia Foundation has voted to stop accepting payments or donations in cryptocurrency, a huge blow to the industry. Wikimedia Votes Against Future Crypto Payments Many of the world’s biggest crypto assets were initially designed to serve as payment methods that could potentially push things like checks, credit cards, and fiat currencies to the side. However, this has been a slow journey given how volatility they tend to be. Assets like bitcoin, Ethereum, and many...
Read More »Mark Karpeles of Mt. Gox Infamy Unveils UnGox, a New Crypto Ratings Service
Mark Karpeles – the man behind the legendary failure of crypto exchange Mt. Gox in Japan – has announced he will be establishing a new crypto ratings service he’s calling UnGox. It’s allegedly his way of making up for the past and saying he’s sorry for being involved with one of the biggest – and ugliest – crypto schemes in the history of the space. Mark Karpeles Develops Crypto Tool UnGox Mt. Gox was a crypto exchange that has been lost to time, but its infamous...
Read More »How a Texas Crypto Mining Facility Stayed Under the Radar
A crypto mining facility in Wichita Falls (part of Clay County, Texas) has been active for some time. The funny thing is that nobody seemed to notice it. Texas Is a Big Crypto Mining Haven The mining facility has been extracting bitcoin and other forms of digital currency for several months. Judge Mike Campbell once joked that there were more cows than people in the area that the mining facility had made its home in. Developed by Dexa Resources, the company is taking...
Read More »Solana (SOL) Price Analysis: More Gains Possible Above $110
Solana price extended decline below the $100 support against the US Dollar. The price is now back above $100 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $102 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $110 to continue higher in the near term. Solana price is recovering above $100 against the US Dollar, similar to bitcoin. SOL could gain pace if there is a...
Read More »Bitcoin Price Analysis: BTC Eyes Fresh Increase To $43K
Bitcoin price extended decline below the $40,000 zone against the US Dollar. The price is now trading above $40,000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $41,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a steady increase if there is a move above the $42,000 level. Bitcoin price is recovering above $40,000 against the US Dollar. BTC could recover...
Read More »Ethereum’s Virgil Griffith Gets 5-Year Prison Sentence
Crypto expert Virgil Griffith was sentenced to five years in prison after pleading guilty last year to conspiracy. Virgil Griffith Will Serve Time Behind Bars Griffith had been charged with helping North Korea use cryptocurrencies to avoid sanctions. He will serve his prison term in a federal corrections facility. At 39 years of age, Griffith traveled to North Korea’s capital of Pyongyang in 2019 to take part in a crypto-based conference even after the U.S. government...
Read More »Crypto Firm Moon Pay Gets Lots of Celebrity Attention
Snoop Dogg, Drake, and Justin Bieber are just some of the celebrities as of late to pour millions of dollars into crypto trading companies such as Moon Pay. The number of celebs getting involved in the digital currency space has been increasing heavily ever since Matt Damon first appeared in a Crypto.com ad about trading and “being brave.” Moon Pay Is a Billion-Dollar Company Moon Pay is based in Miami, Florida, which has become a massive crypto haven thanks to the...
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