The Texas Rangers Baseball Club has joined hands with global trading community Trade the Chain, making it the first crypto firm to be associated with a baseball club. Trade the Chain will provide sponsorship payments to the club that will be doled out entirely in crypto assets like bitcoin and ETH. The Texas Rangers Team Is Working with Trade the Chain This is the first Major League Baseball partnership to be based entirely on digital currency. Neil Leibman – the...
Read More »Cardano (ADA) Price Analysis: Key Breakout Zone Near $0.95
ADA price started a steady decline from the $1.10 resistance against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.950 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.880 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could start a...
Read More »A Woman Named Michelle Is the Latest Victim of Crypto Theft
A woman in New Hampshire has become the latest victim of crypto theft. The lady – who is only going by her first name Michelle – says that she has four crypto accounts, one of which was hacked using her Samsung phone. She has since lost thousands in digital funds. Michelle Has Lost Thousands Things took an ugly turn when her phone notified her that an update was available. She clicked on it, and it wasn’t long before the phone stopped working altogether. She explained in...
Read More »South Korea’s Terraform Labs Looks to Buy $10 Billion in BTC
Terraform Labs in Seoul, South Korea is looking to buy as much as $10 billion worth of bitcoin to back its own stable currency, which it’s looking to release soon into the crypto market. The company is also looking to make bitcoin the world’s new reserve currency. Terraform Labs Has Big Plans for Bitcoin At the time of writing, Terraform Labs has garnered roughly 40,000 bitcoin units, which are worth about $1.7 billion. The purchases were made with the assistance of Luna...
Read More »Several Restaurants Are Saying “Yes” to BTC Payments
Several restaurants across the United States are beginning to say “yes” to bitcoin and crypto payments. Restaurants and Crypto… A Perfect Match? The hype surrounding crypto as a payment method is beginning to take hold, and several high-profile eateries throughout America are now beginning to allow their customers to pay with digital assets. Cambo Flare, for example, is an Asian fusion restaurant in Big Lake, Minnesota. Since opening in November of 2020, the customers...
Read More »Stellar Lumen (XLM) Price Could Extend Losses Below $0.18
Stellar lumen price started a fresh decline from the $0.2120 resistance zone against the US Dollar. XLM price is now trading below $0.2000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2000 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1850 support. Stellar lumen price is trading in a bearish zone below $0.2000 against the US Dollar, similar...
Read More »Ripple Price Analysis: Bears In Control Below $0.80
Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.76 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.7700 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend decline if there is a move below the $0.7200 support zone. Ripple price is struggling below $0.7800 against the US Dollar, similar to bitcoin. XRP...
Read More »College Dropout Natalie Arabian Now Makes Her Living with Crypto
Sometimes college isn’t all it’s cracked up to be. While a degree is often viewed as important in the eyes of companies and businesses that are hiring necessary talent, for others, there are more significant things in life like being able to save one’s money, having a stable future, and being independent. For college dropout Natalie Arabian, her education became something of a side hustle when compared with her crypto aspirations, and she was eventually made to choose...
Read More »Will Stable Coins Be the First Digital Assets in the U.S. to Be Regulated?
Regulators in the United States believe stable coins will be the first digital assets to come under scrutiny. Stable Coins Are the Object of Regulators’ Suspicions Stable coins are digital currencies that are not as volatile as standard forms of crypto like bitcoin or Ethereum. They are tied to fiat currencies like USD, the yen, and the euro, and thus experience far fewer price swings. This has made them “staples” of any crypto portfolio looking to ease selling pressure...
Read More »Bitcoin Tanks, Trades at Just Over $40K
The price of bitcoin – following several weeks of looking better – is now back in the doldrums and is trading for just over $40,000. This is a huge step down considering earlier in the month, the currency was trading for as high as $48,000, making many traders believe that another bull run was right around the corner. Bitcoin Isn’t Doing So Good To be fair, bitcoin is technically in a stronger position given that the asset was initially at around $39,000 a little earlier...
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