Tag Archives: News

It is clear the recent executive order signed by Joe Biden regarding crypto regulation that everyone was so excited about isn’t enough to keep the bitcoin price flying high. At that time, the asset rose to about $43,000, which while not great, was considerably higher than where it had been in recent days. Now, it looks like the currency has dropped to a low of $39,000 per unit. Thus, Biden does not possess the magic that so many analysts seemed to think he had. The...

Kraken – a popular cryptocurrency exchange based in San Francisco, CA – has announced it will donate approximately $10 million in bitcoin to citizens of Ukraine affected by the recent Russian invasion. Kraken Is Giving Crypto to Ukrainian Customers A few weeks ago, Russia invaded its eastern European neighbor, and the battle has seemingly led to countless civilian deaths. Not long ago, the world watched in horror as Russian troops allegedly bombed the maternity ward of a...

Solana price started a fresh decline from the $90.00 zone against the US Dollar. The price is now trading below $85.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $83.85 on the 4-hours chart of the SOL/USD pair (data feed from Coinbase). The pair must clear $84.00 and then $85.00 to start a fresh increase in the near term. Solano price is struggling to settle above the $85.00 resistance against the US...

Bitcoin price started a fresh decline from the $42,600 zone against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $40,100 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must clear $40,000 and then $40,800 to start a fresh increase in the near term. Bitcoin price is struggling to settle above the $40,000 resistance against the...

Democrat Senator Elizabeth Warren of Massachusetts has recently issued a statement saying that cryptocurrency exchanges in America and around the world should enforce the country’s sanctions against Russia and cut off business stemming from that neck of the woods. To make sure this happens, she is now drafting a bill that she believes will make it much more difficult for countries or individuals to use crypto in the future to evade sanctions. Elizabeth Warren Is Clearly...

Somewhere Nowhere is a nightclub that’s based in New York. What makes this business so special, other than the fact that it’s NYC’s tallest lounge area? It’s going to begin accepting cryptocurrency payments from patrons. Somewhere Nowhere Pushes the Goals of Crypto While many digital assets have taken on speculative forms in recent years, the fact remains that they were all initially designed to serve as payment methods. People were supposed to be able to use bitcoin and...

There are plenty of people out there who don’t like bitcoin. No matter how strong the cryptocurrency becomes, no matter how big it gets or how many people use it, there will always be individuals who don’t believe in the asset’s abilities. As it turns out, one of those people is Bill Gates, the co-founder of tech giant Microsoft. Bill Gates Isn’t Crazy About BTC While Gates is not necessarily anti-crypto, he recently gave an interview discussing how risky it was, and he...

ADA price declined below $0.85 and $0.82 against the US Dollar. The price is now trading below $0.82 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.800 on the 4-hours chart (data feed via Bitfinex). The price could start a recovery wave if there is a move above $0.820 and $0.833. Cardano price is struggling below $0.85 against the US Dollar, similar to bitcoin. ADA price could start a recovery wave if there...

Ethereum price started a fresh decline from well above $2,700 against the US Dollar. ETH price is now trading below $2,600 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,565 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to clear the $2,600 resistance zone. Ethereum price is struggling below $2,600 against the US Dollar. ETH/USD remains at a risk of more...

Early last week, authorities in the United States filed criminal and civil charges against a crypto executive and his sister for allegedly defrauding investors out of millions of dollars with the help of a little token called Ormeus Coin. Ormeus Coin – A Tool for Evil? John Barksdale and his sibling JonAtina are accused of lying about the profitability and value of Ormeus Coin and its mining assets. Allegedly, the asset was backed by more than $250 million through a...