Tag Archives: News

Last February, Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – announced that while he was a big fan of Dogecoin, there would be a serious problem with it should there only be a small concentration of wallets holding most of the available units. Now it looks like that worry is becoming a reality. Dogecoin Has Grown, and Some May Be Getting Greedy Dogecoin has shot up by more than 12,000 percent in the last year alone,...

Arnold Schwarzenegger – the star of films like “The Terminator” and “Predator” – has said he does not own any cryptocurrencies as he does not understand them. The actor and former California governor has spent a lot of time with Warren Buffett over the years, and this could potentially be why crypto is not on the Austrian’s roster of investment options. Schwarzenegger Doesn’t Invest in Digital Currency Schwarzenegger has made a name for himself over the past few decades...

ADA price started a fresh rally above the $1.500 resistance zone against the US Dollar. The price is now trading well above $1.500 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.500 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.550 and $1.500. Cardano price is correcting gains from well above $1.800 against the US...

Ethereum price started a fresh rally above the $4,000 resistance against the US Dollar. ETH price is currently trading well above $3,500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $3,800 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it is likely to find bids near the $3,800 and $3,600 levels. Ethereum price extended its rally above the $4,000 level against the US Dollar....

If you are an influencer on the internet and social media, there is a good chance that a lot of people are listening to what you say and take heed of your words. Therefore, you should always be careful about the promises you make and things you promote. It now looks like crypto is becoming the object of many influencers’ attention, but they may not be doing enough research regarding which assets are solid and which are fly-by-night coins. If You’re an Influencer, Be...

Elon Musk – the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX – is a big fan of bitcoin and many of its crypto cousins, but even he says there are limits to what people can and should be doing. Elon Musk: Make Sure You Invest with Caution Prior to gearing up for his performance on “SNL” as the guest host, he sat down with CNBC and gave his thoughts on some of the big things happening in the world of crypto right now. The man has made...

Andrew Bailey is the governor of the Bank of England, and apparently, he does not like bitcoin very much. Andrew Bailey: Not Bitcoin’s Biggest Fan In a recent interview, Bailey trashed bitcoin and its altcoin cousins, and said that investors should only take the risk of putting their money into digital assets granted they are willing and able to lose it all at a moment’s notice. Discussing cryptocurrencies, he stated: They have no intrinsic value. That does not mean to...

Stellar lumen price started a fresh increase above the $0.5500 resistance zone against the US Dollar. XLM price is now trading well above $0.6000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.5800 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6800 and $0.7000 resistance levels. Stellar lumen price is gaining pace above $0.5500 against the US Dollar,...

Ripple price started a steady increase and it tested the $1.75 resistance against the US dollar. The price is now consolidating above $1.50 and close to the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.58 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.58 and $1.60. Ripple price is struggling to stay above the $1.50...

Charlie Munger – who is the righthand man of Berkshire Hathaway CEO Warren Buffett – hates bitcoin probably even more than his boss does. Charlie Munger Has No Bitcoin Love As the vice chairman of the company, Munger states that bitcoin’s success over the last several years makes him nauseous, and that the currency’s background as a go-to token of illicit behavior should have ultimately given it the boot early in the game. Munger commented in a recent Q&A: Of course,...