Tag Archives: News

Lawmakers in the European Union (EU) are making it hard for crypto traders to invest in digital currency while remaining private. Regulators say they are working to make it so that money laundering in the crypto space never happens again. As a result, they are implementing new rules that will require all crypto exchanges and trading platforms to obtain, hold, and submit information on customers involved in digital currency transfers. The EU Is Coming Down Hard on Crypto...

It looks like the debacle surrounding Quadriga CX – the infamous crypto exchange in Canada – is continuing to haunt people. Tong Zou – a 33-year-old man – is one of the many victims of the exchange’s closure, and he lost his entire life savings in the slip up. Quadriga CX Is Still a Major Downfall for Many The Quadriga CX mess occurred nearly four years ago in late 2018. Gerald Cotten – the man behind the exchange – was abroad in India when he succumbed to Crohn’s...

Solana price started a fresh increase above the $110.00 level against the US Dollar. The price is now trading above $110.00 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $123 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $132 to continue higher in the near term. Solano price is losing pace above $120 against the US Dollar, similar to bitcoin. SOL could extend decline...

Bitcoin price started a downside correction from the $48,000 zone against the US Dollar. The price is now trading below $46,000 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with support near $45,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below $45,000 and $44,000. Bitcoin price is struggling below the $47,000 resistance against the US Dollar. BTC...

An NBC News poll suggests that one in every five Americans has delved in bitcoin or other forms of crypto, either through trading, investing, or related activities. This is a sign that the crypto world is becoming mainstream and legitimate faster than anyone could have anticipated. Bitcoin Is More Popular Than Ever In many ways, the arena surrounding blockchain and digital assets is an expanding universe that is still very much in a developmental phase. Bitcoin, for...

Facebook – following its failed run with Libra – appears to be looking to get back into the crypto game. The social media giant – which recently rebranded itself as “Meta” – has filed eight trademark applications for new features like crypto wallets, exchanges, and tokens relating to its famed “f” logo. Facebook and Crypto… Could It Actually Work? It appears six of the eight trademarks have to do with blockchain and crypto products or companies the company is investing...

A wealthy Los Angeles resident is hoping a cryptocurrency reward he’s offering will help lead to the arrest of two suspects that attacked him outside his apartment building while exiting his Lamborghini. A Los Angeles Man Is Using Crypto to Bring Justice to Criminals The victim – who remains anonymous at the time of writing – says he attributes his success in life to his work with a digital currency called Pablo Token. Right now, he serves as something of a financial...

ADA price started a strong increase above the $1.1 resistance against the US Dollar. The price is now trading above $1.10 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.180 on the 4-hours chart (data feed via Bitfinex). The price could correct lower, but dips might be limited below $1.158. Cardano price is climbing above $1.15 against the US Dollar, similar to bitcoin. ADA price could continue to rise if there...

Ethereum price started a fresh increase from the $3,200 support zone against the US Dollar. ETH price is now trading above $3,400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,420 on the 4-hours chart (data feed from Coinbase). The pair could continue to move up if it clears the $3,550 resistance zone. Ethereum price is gaining pace above $3,400 against the US Dollar. ETH/USD eyes more upsides if there is no...

Digital Power Optimization, Inc. has joined hands with a hydroelectric power producer and a billion-dollar family office to establish a new green-powered company known as Cascade Digital Power. The company’s goal will be to mine digital currencies and provide mining services like repairs and maintenance to crypto projects throughout the U.S. while utilizing 100 percent renewable energy. The move is slated to bring down the carbon footprint of what has long been...