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Tag Archives: News

Olaf Carlson-Wee Was Coinbase’s First Employee, and His History Is Quite Interesting

Does the name Olaf Carlson-Wee sound familiar? If not, it really should. He was the first-ever employee at Coinbase, and he has got an interesting story behind his employment with one of the world’s largest and most popular cryptocurrency exchanges in the western hemisphere. Olaf Carlson-Wee Details How He Got Hired at Coinbase Now the founder of a large cryptocurrency hedge fund, Olaf got his start in the crypto space as an employee of Coinbase. He did not necessarily...

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BTC Fund Galaxy Digital Has Hired Talent from Goldman Sachs

It looks like Galaxy Digital – the hedge fund hosted by Mike Novogratz, a bitcoin fan and billionaire investor – has taken some new talent aboard. Michael Daffey – a former executive with the Goldman Sachs Group – is joining Galaxy Digital as its new chairman. He is also replacing Mike Novogratz in this role, who will remain with the company as its chief executive. Galaxy Digital Is Saying “Hello” to a Fresh Face The move presents another major step towards the blending...

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Is There Not Enough Clean Energy for Bitcoin Mining?

The great desire for bitcoin mining to run on clean energy has taken an unexpected turn. While many people still demand this for the future, it looks like renewable energy is not as common as it once was. In fact, the Nordic region – which includes countries like Iceland and Norway – has become a staple area for this kind of energy, and yet it appears to be running dry. Bitcoin Mining Needs Clean Energy, but Supplies Seem Limited For the past few months, as bitcoin has...

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Tron (TRX) Price Analysis: Bulls Could Face Hurdles Near $0.15

Tron price started a fresh decline from well above the $0.1700 zone against the US Dollar. TRX price is now trading below the $0.1500 support and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1420 on the 4-hours chart (data feed via Bitfinex). The pair could correct higher, but the bulls must gain strength above $0.1500 for more gains. TRON price is holding the $0.1200 support zone against the US Dollar,...

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Bitcoin Price Analysis: BTC is Facing Uphill Task Near $58K

Bitcoin price started a sharp decline and it tested the $51,250 zone against the US Dollar. The price is now trading well below $58,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $58,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a fresh rally if it breaks the $58,000 and $58,200 resistance levels. Bitcoin price declined sharply from well above $60,000 against...

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Brian Armstrong: Crypto Regulation Is a Big Problem

Brian Armstrong – the CEO of Coinbase, one of the world’s largest and most popular cryptocurrency exchanges – has been having one heck of a week. The trading platform made its stock debut on the Nasdaq a few days ago, and things appear to really be taking off. Brian Armstrong: No Hacks, No Regulation Coinbase saw its stock trading for well over $300 per share. Given that the company is likely valued at more than $100 billion at this stage, this is small beans compared...

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Dogecoin Has Been Putting Rivals Like BTC to Shame

Bitcoin and its primary rival Ethereum have been spiking like crazy, but in truth, their price jumps can barely hold a candle to those of Dogecoin. Dogecoin Is On the Rise The currency has been something of an enigma over the past few years and has also seen its fair share of controversy. What is it designed for and who should be using it? These are only some of the many questions that both analysts and traders are likely asking themselves, and it is quite clear that...

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Jim Cramer Pays Off His House with Help from BTC

Jim Cramer – legendary investor and host of “Mad Money” – has become a sudden bitcoin advocate, and claims he paid off his house using the asset. Jim Cramer Is Now a BTC Fan In the past, Cramer claims to have purchased quite a bit of the world’s number one digital currency when it was priced at around $12,000 per unit. Since then, he claims to have sold a large stake and raked in some heavy profit. He has used some of the funds to pay off his home, thereby clarifying...

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Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.05

ADA price started a strong decline from well above the $1.350 level against the US Dollar. The price is now well below the $1.300 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $1.305 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue lower below the $1.100 and $1.050 support levels. Cardano price is declining and trading well below $1.200 against the US Dollar, similar...

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Ethereum Price Analysis: ETH Corrects Lower, $2,000 Holds The Key

Ethereum price started a fresh decline from well above $2,400 against the US Dollar. ETH price is currently trading well below $2,275 and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $2,275 on the 4-hours chart (data feed from Coinbase). The pair is likely to find a strong buying interest near the $2,000 and $1,930 levels. Ethereum price is correcting gains below $2,300 against the US Dollar. ETH/USD could...

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