Tag Archives: News

Several teenagers are getting heavily into cryptocurrency… and becoming rather rich in the process. Youssof Altoukhi, for example, is only 16 years of age, yet he’s made seven figures through digital currencies and is even the CEO of his own blockchain firm. He’s also traveling around the world and taking part in crypto conferences. Youssof Altoukhi Has Made a Lot of Digital Money Youssof was one of 1.3 million British children to invest in crypto early. Today, he’s made...

ADA price started a strong decline from the $1.24 resistance against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.00 on the 4-hours chart (data feed via Bitfinex). The price could continue to move down if there is a break below the $0.920 support. Cardano price is declining below $1.00 against the US Dollar, similar to bitcoin. ADA price could accelerate...

Ethereum price started a fresh decline from the $3,300 zone against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down towards the $2,820 support zone in the near term. Ethereum price is gaining pace below $3,000 against the US Dollar. ETH/USD remains at a risk of...

CME Group in Chicago, one of the world’s largest derivative marketplaces, is working with CF Benchmarks, a leading provider of crypto benchmark indices, to unveil roughly 11 new crypto reference rates by April 25. CME Group Seeks to Permits Full Price Transparency The reference rates in question are not for tradable futures products. Instead, they will apply to a wide array of separate crypto networks such as bitcoin cash, Litecoin, Cosmos, Polygon, Solana, Stellar...

Online checkout firm Bolt has announced it is purchasing a company called Wyre, a crypto infrastructure provider. The acquisition will take place later in the year and will allow both companies to establish mainstream cryptocurrency payment systems for a wide array of separate businesses. Customers will also have opportunities to purchase non-fungible tokens (NFTs) directly through its platform. Bolt and Wyre Work Together to Make Crypto Payments Easy This move comes at...

Mark Cuban is very bullish about Ethereum given that the crypto asset is about to undergo what many analysts and traders are simply referring to as “the merge.” Mark Cuban Is Happy About Ethereum’s New Direction The merge is a planned switch in protocols for the Ethereum network. Up to this point, ETH has largely operated – much like bitcoin – on a proof of work (PoW) module, though it’s now going to be changing to a proof of stake (PoS) module. This will largely reduce...

Stellar lumen price started a fresh decline from the $0.2400 resistance zone against the US Dollar. XLM price is now trading below $0.2120 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.2300 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a move below the $0.1950 support. Stellar lumen price is trading in a bearish zone below $0.2120 against the US Dollar,...

Ripple price started a fresh decline from well above $0.8500 against the US dollar. The price is now trading below $0.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.7920 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 $0.7320 support zone. Ripple price is struggling below $0.8000 against the US Dollar, similar to bitcoin. XRP...

Trading crypto has become a hugely popular thing to do amongst everyday traders. This is good in the sense that the crypto space is now gaining the mainstream attention it largely deserved. However, there is a bad side to all this growth in that as crypto has expanded, so has digital crime, and one scam is becoming all too familiar. How One Crypto Scam Cost a Woman $200 The Federal Bureau of Investigation (FBI) says that more than $1 billion has been lost by Americans to...

The Miami Bitcoin Conference began earlier this week. The city has seen thousands of people flood the streets and nearby businesses as they gather to learn all they can about the growing digital asset space and understand what kind of changes will be occurring later down the line. Miami Sure Loves Its Crypto Miami has long been one of the friendliest regions to BTC and cryptocurrency. Not long ago, the mayor of Miami – Francis Suarez – became one of the first politicians...