Tag Archives: News

The price of bitcoin has jumped to its highest point this year and is currently trading for more than $47,000 per unit. The currency is beginning to show signs of life once again as the asset has surged by nearly $3,000 in just the past day. Bitcoin Is Beginning to Explode Again Bitcoin has had a rocky start to 2022. The world’s number one digital currency by market cap spent the first three months of the year meandering between the mid-$30,000 and the low $40,000 ranges...

EOS price started a fresh increase from the $2.20 zone against the US Dollar. The price is now trading above $2.80 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could resume increase if it clears the $3.02 resistance zone. EOS price is showing positive signs above $2.80 against the US Dollar, similar to bitcoin. The price could...

Litecoin is eyeing an upside break above the $135 resistance against the US Dollar. LTC price is now trading above $122 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh increase if it manages to clear the $135 resistance zone. Litecoin price is gaining pace above $125 against the US Dollar, similar to bitcoin. LTC...

ExxonMobil – one of the biggest gas and diesel providers in the United States – is taking a page out of the ConocoPhillips book and is looking to mine bitcoin in North Dakota. ExxonMobil Seeks to Use Natural Gas to Mine BTC This is a testament to how big crypto mining has become in America. Not long ago, ConocoPhillips – a major provider of gas and oil – announced that it would be selling excess energy to mine the world’s number one digital currency by market cap. Now,...

Mark Gordon – the governor of Wyoming, which has earned a reputation for being a very crypto friendly state – has used his powers to veto new bills centering around the trading and usage of crypto. Mark Gordon Says “No” to Crypto Legislation Two of the bills that Gordon has opposed stemmed from the Select Committee on Blockchain, Financial Technology, and Digital Innovation Technology. The organization has been at the center of several crypto-related issues over the past...

Seven members alleged to be members of the Hong Kong triad have been arrested in connection with the kidnapping of a cryptocurrency trader. The trader was held last year for ransom that amounted to roughly $3.8 million USD. Seven Hong Kong Men Are Now Facing Life Imprisonment The men have been arrested in mainland China and will be handed over to authorities in their native Hong Kong at the Shenzhen Bay border control point this week. Some of the suspects that were...

Solana price started a fresh increase above the $100.00 level against the US Dollar. The price is now trading above $100.00 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $108 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $115 to continue higher in the near term. Solano price is gaining pace above $105 against the US Dollar, similar to bitcoin. SOL could extend gains if it...

Bitcoin price started a fresh increase from the $42,000 zone against the US Dollar. The price is now trading above $45,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $46,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $48,000 and then $48,200 to start another increase in the near term. Bitcoin price is eyeing an upside break above the $48,000 resistance against the US...

Larry Fink, the CEO of BlackRock – one of the biggest financial and investing platforms in the world – has dropped hints that he will potentially support bitcoin and cryptocurrencies in the coming future. Larry Fink Goes from Crypto Hate to Crypto Interest This is big news considering Fink has often spoken ill of digital assets in the past. At the time of writing, BlackRock oversees the management of approximately $10 trillion in assorted monies and assets, and it’s...

The economy in Russia isn’t doing too well. Not long ago, the ruble – the national currency of Russia – experienced a massive drop that saw many people turning to crypto as a means of keeping their wealth stable and steady during this ongoing time of economic strife. In addition, it was suggested that crypto was likely going to be a tool in Russia for avoiding U.S. sanctions. Russia Seeks to Trade Oil for Crypto Thus, it looks like digital assets have become prime...