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Tag Archives: News

Is the Chinese Cryptocurrency H Coin a Scam?

Lisa Chen, a Chinese immigrant living in Australia, wired about $20,000 into an overseas bank to invest in what was known as Himalaya Coin or H Coin, which was a new brand of cryptocurrency designed to serve as an anti-Chinese government tool. There Are Red Flags Surrounding H Coin She went so far as to tell all her family and friends about the currency. Chen explained in an interview: I invested and asked all my relatives to invest in H Coin as well. I thought I did the...

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Bitcoin Cash Analysis: Key Breakout Zone At $312

Bitcoin cash price started a fresh decline from the $322 resistance against the US Dollar. The price is now trading below the $312 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $308 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 $300 support zone in the near term. Bitcoin cash price is struggling below $312 against the US Dollar,...

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Alpha Point Establishes New Crypto Address Verification Tool

BIGG Digital Assets Inc., a global crypto compliance and intelligence company, is joining hands with Alpha Point, a white-label software firm built to empower crypto exchanges all over the world. The point of the partnership is to verify transactions and ensure that all trades occurring on exchanges are not happening through illicit players or addresses. Alpha Point and BIGG Digital Assets Establish New Tools Together To do this, the companies are unveiling a new product...

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Bitcoin Falls Following Crypto-Related Tax Sales

Bitcoin has hit another low point. The currency is trading for under $39,000, hitting what is arguably its lowest point this month. Bitcoin Is at Its Lowest Point This Month Cryptocurrencies like bitcoin have been undergoing a bit of a slump as of late. There have been many reasons for this, a big one being that they are largely correlating with stocks which have been slowly moving south. However, one of the other big reasons is because tax season has come and gone, and...

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Analysts Say a Spot BTC ETF Will Arrive in 2022

Crypto analysts are convinced that 2022 will be the year in which a real bitcoin-based exchange-traded fund (ETF) comes about. To be fair, one already exists; it was established last year by Pro Shares, but that one is based on bitcoin futures. This new one, they believe, will be based on spot trading. In other words, it will be real. Will a Spot Bitcoin ETF Come About This Year? The sentiment comes following the Securities and Exchange Commission (SEC) approving an...

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EOS Price Analysis: Fresh Increase If It Clears $2.35

EOS price started a fresh decline from the $2.90 resistance zone against the US Dollar. The price is now trading below $2.50 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2.32 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a fresh increase if it clears the $2.35 resistance zone in the near term. EOS price is struggling below $2.50 against the US Dollar, similar to...

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Litecoin (LTC) Price Analysis: Bulls Face Uphill Task

Litecoin started a fresh decline from the $115 zone against the US Dollar. LTC price is now trading below $105 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $102 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could gain bullish momentum if it clears $102 and $105 in the near term. Litecoin price is struggling below $105 against the US Dollar, similar to bitcoin. LTC price could...

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Ukrainian Refugees Are Turning to the Lightning Network to Obtain Funds

Alena Vorobiova is a Ukrainian immigrant who says that bitcoin is a true savior. She recently had crypto transferred from the United States to her phone in Poland through what’s known as the Lightning Network. She received it very quickly, which proved useful given the lack of electronic banking in the area now that Russia has allegedly invaded Ukraine. The Lightning Network Is Being Put to Good Use The battle between Russia and Ukraine has been occurring for the past...

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Janet Yellen Really Wants to Regulate Crypto

Janet Yellen – the Treasury Secretary – is all up in arms about bitcoin and cryptocurrencies and is super eager to get them regulated. Janet Yellen Issues Her Stance on Crypto Her words come at a time when many of the world’s leading digital currencies are in the red. Bitcoin, for example, is down 15 percent from its March highs, while BNB is down nearly four percent. Ethereum is down nearly eight percent, and Solana and Cardarno are down about 14 and 13 percent...

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Thiel Vs. Buffett; What BTC Analysts Are Saying

Not long ago, tech investor Peter Thiel – who is known for his role in the creation of PayPal, one of the largest and most popular digital payment systems in the world – took aim at Warren Buffett, calling him a “psychopathic grandpa from Omaha.” This was in response to Buffett’s repeated attacks on bitcoin. Buffett has referred to BTC “rat poison squared” in the past. Peter Thiel and Warren Buffett Fight It Out Over BTC Thiel also hit out at Jamie Dimon, the man behind...

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