Tag Archives: News

Bitcoin price started a fresh increase above the $42,000 zone against the US Dollar. The price is now trading above $42,000 and the 55 simple moving average (4-hours). There was a break above a key contracting triangle with resistance near $42,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is now facing a major resistance near $45,000 and might correct lower. Bitcoin price gained pace above $42,000 against the US Dollar. BTC even spiked...

A tax law that was implemented in 2017 as a means of helping poor communities is allegedly being taken advantage of by crypto miners and investors. Crypto Investors Are Using a Tax Law to Their Advantage The law in question allowed certain individuals and companies to either delay or reduce their capital gains taxes when they sell a stock or crypto unit if they take the money they earned and invest it in what are known as opportunity zones, which are neighborhoods that...

Bill Miller is arguably one of the biggest bitcoin bulls out there. Not long ago, he described the world’s number one digital currency by market cap as something of an insurance policy against financial and economic problems, and he mentioned that despite the falling price as of late, he still holds a fair amount of BTC in his portfolio today. Bill Miller Believes in BTC For the most part, Miller still believes that bitcoin is young enough to make a serious difference in...

It appears that the crypto space is becoming far more attractive to minority groups. Caroline Altagracia, for example, is a college student at the University of Albany. While in high school, she learned about digital currencies and became fascinated with the technology behind them. Minorities Are Entering the Crypto Space In an interview, she stated: It’s definitely been an empowering journey. I feel like when I initially was intimidated, I had to kind of get past that...

ADA price declined below $1.12 and $1.10 against the US Dollar. The price is now trading below $1.10 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.095 on the 4-hours chart (data feed via Bitfinex). The price could start a steady upward move if there is a clear break above the $1.10 resistance. Cardano price is struggling below $1.20 against the US Dollar, unlike bitcoin. ADA price could start another...

Ethereum price started a fresh increase from the $2,850 zone against the US Dollar. ETH price is now trading near $3,050 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2,910 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise if there is a clear move above the $3,100 resistance. Ethereum price is showing positive signs above $2,900 against the US Dollar. ETH/USD might rally further if...

A woman named Rhonda has utilized the assistance of some friendly “white hat” hackers to help her recover her lost bitcoin stash. Rhonda Really Needed Her BTC Back Back in 2013, when bitcoin was trading for around $80, Rhonda got into the crypto craze and decided to purchase six units of the popular currency. In an interview, she stated: I used to listen to a radio talk show, and they started talking about crypto and bitcoin, so I got interested. Back then, buying it was...

New York City mayor Eric Adams is a crypto bull. There’s no denying that. He seems to really take bitcoin to heart. He loves the technology behind it, and he’s so confident in its abilities, he has stated that he wants crypto taught in schools so children are ready and prepared for what will surely be a crypto-dominated financial system in the future. Eric Adams Doesn’t Seem to Understand Where Crypto Comes From All this sounds fine and dandy, but if there is anything...

Let’s just say it. Joe Biden is arguably shaping up to be the worst president in the history of the United States. Between the border crisis, the Afghanistan debacle, a failing economy, inflation, and his attempts to implement unconstitutional COVID vaccine mandates, many likely feel that the White House is occupied by a man who has no idea what he’s doing. Biden Has Potentially Threatened the Crypto Space Biden’s list of failures extends quite far for someone who’s only...

Stellar lumen price started a fresh decline from well above the $0.25 zone against the US Dollar. XLM price is now trading below $0.2200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.2200 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is a clear move below $0.2050. Stellar lumen price is trading in a bearish zone below $0.2200 against the US Dollar, similar to...