Charlie Munger – the vice president of Berkshire Hathaway, the real estate company headed by Warren Buffett – is a billionaire investor. He knows a lot about money and how to make it. At the same time, he is also 98 years of age, which doesn’t necessarily put him at the top of the “bitcoin geniuses” list. Charlie Munger Hates Bitcoin To be fair to Munger, he’s an incredibly accomplished person. He has assisted in the building of a billion-dollar real estate company that...
Read More »Cardano (ADA) Price Analysis: Downtrend Below $1
ADA price declined below $1.00 and $0.92 against the US Dollar. The price is now trading below $1.00 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.945 on the 4-hours chart (data feed via Bitfinex). The price could extend decline if there is a clear move below the $0.800 support zone. Cardano price is struggling below $1.00 against the US Dollar, unlike bitcoin. ADA price could start a recovery wave if...
Read More »Ethereum Price Analysis: ETH Dives Below $3K
Ethereum price started a fresh decline from well above $3,000 against the US Dollar. ETH price is now trading below $3,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $2,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if it fails to stay above the $2,480 support zone. Ethereum price is gaining bearish momentum below $3,000 against the US Dollar. ETH/USD remains...
Read More »El Salvador to the US: Stay Out of Our Bitcoin Business!
It can be argued that El Salvador wants to become a completely sovereign nation. This is potentially why the country is looking to get rid of fiat and become so dependent on bitcoin. It wants to be completely independent and not have to rely on any other region. El Salvador Wants to Be in Charge of Itself Thus, it makes sense that Nayib Bukele – the president of El Salvador – doesn’t want a bunch of U.S. senators and politicians sticking their big noses into his bitcoin...
Read More »ConocoPhillips Is Selling Energy to a Crypto Mining Firm
ConocoPhillips – one of the biggest producers of oil and gas in the world – is entering the crypto mining space. The company announced early last week that it is heading a bitcoin mining pilot project in what’s known as the Bakken, a region in North Dakota popular amongst new producers of energy in the U.S. ConocoPhillips Has Found a Way to Put Excess Oil to Use A spokesperson for the company explained that ConocoPhillips is not operating the project itself. Rather, it’s...
Read More »Mastercard Is Hiring to Build Out Its Crypto Department
Mastercard is expanding its crypto department. The credit card giant announced early in the week that it’s looking to help companies around the world better understand the growing digital currency industry and will hire as many as 500 individuals in the coming year to facilitate its ongoing crypto projects. Mastercard Is Building Its Crypto Services Mastercard is seeking to lend itself out as a consultant of sorts to businesses and enterprises everywhere looking to set...
Read More »Stellar Lumen (XLM) Price Remains At Risk Below $0.20
Stellar lumen price started a fresh decline from well above the $0.232 zone against the US Dollar. XLM price is now trading below $0.2000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2050 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.1920. Stellar lumen price is trading in a bearish zone below $0.2000 against the US Dollar, similar to...
Read More »Jennifer Robertson, the Widow of Crypto Scammer Gerald Cotton, Is Receiving Death Threats
Jennifer Robertson – the widow of Gerald Cotton, the man behind the Quadriga CX crypto exchange in Canada – is allegedly getting death threats from customers that wound up losing access to their funds due to the death of the company’s founder. Jennifer Robertson Is Taking Some Heat Cotton passed away due to intestinal problems while performing charity work in India in 2018. Cotton was the only man who had the private keys to access the more than $200 million in digital...
Read More »Canada Seeks to Invoke New Rules Preventing Truckers from Earning Crypto Donations
Justin Trudeau – the cowardly prime minister of Canada who ran and fled the country when truckers and other citizens refused to accept his tyranny – is invoking emergency powers as a means of stopping the trucker freedom convoy from being able to accept cryptocurrency donations. Canada Seeks to Stop BTC Donations for Truckers Canada – much like the United States and several other nations around the world – has worked hard to instill unconstitutional vaccine mandates...
Read More »Football Enterprise UEFA Partners with Crypto Company Socios.com; People Aren’t Happy
The Union of European Football Associations (UEFA) has become the latest enterprise to partner with a crypto company. UEFA is now working with Socios.com to establish a new token to be utilized purely by fans of the sport. UEFA Takes Flak for Its Crypto Goals The good news is that moves like these tend to cement the crypto space and bring the industry’s goals closer to mainstream territory, but interestingly, not everyone is happy about the partnership. Many are accusing...
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