Tag Archives: News

Ripple price started a fresh increase above the $0.80 zone against the US dollar. The price is now trading above $0.7500 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $0.8200 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if it clears the $0.8200 resistance level. Ripple price is trading in a bullish zone above $0.7000 against the US Dollar, like...

Canadian truckers who are currently fighting against vaccine mandates in their native country have found solace in bitcoin after the fundraising platform GoFundMe halted donation monies they were slated to receive. Canadian Truckers Get What They Need Through BTC Canadian truckers have been gathering in their nation for the last several weeks and have formed what’s come to be known as a “Freedom Convoy.” Truckers are protesting ongoing COVID-19 vaccine mandates in the...

The Justice Department has arrested a couple in New York for their alleged participation in a crypto scam that occurred roughly six years ago. Ilya Lichtenstein – age 34 – and his wife Heather Morgan, age 31, have been charged with laundering funds garnered through a massive $3.6 billion cryptocurrency hack that targeted popular digital currency exchange Bitfinex in 2016. The Crypto Space Still Sees Its Fair Share of Hacks Cryptocurrency hacks and thievery in the world...

Michael Cembalest – chairman of investment strategy for financial giant JPMorgan – said in a recent interview that he’s not crazy about bitcoin and the world of crypto, suggesting that despite how much bitcoin expands and how popular it becomes, the currency is not going to rub everyone the right way. Michael Cembalest Can’t Justify Crypto Excitement Throughout the interview, Cembalest stated that the opinions expressed were his own and not those of JPMorgan. He says...

Ukraine is utilizing bitcoin in crowdfunding campaigns to fight against the ongoing threat from Russia. Ukraine Is Using BTC to Prepare for War Ukraine is allegedly being stalked by its neighbor to the east. Russia currently has more than 100,000 troops amassed at the Ukrainian border. Needing funds to boost its military resources and keep up its strength in the face of adversity, Ukraine has turned to the world’s number one digital currency by market cap. Thus far,...

Fly Coin – a digital currency travel rewards company – has raised more than $30 million through a new seed funding round. Fly Coin Raises $33 Million Fly Coin allows regular travelers to garner crypto-based rewards for all their travel habits. Whether they are checking into hotels, purchasing airline tickets, renting cars, or paying for carry-ons, they can garner these rewards granted they utilize Fly Coin every time they make a travel move. They are paid in the...

A platform known as Engiven has announced that it will begin accepting crypto donations for the U.S. figure skating team currently competing in the Winter Olympic games. The company says that the donations will go towards several initiatives including Destination Beijing, which seeks to bring athletes’ friends and families together when they don’t have the means to travel on their own. Engiven Permits Crypto Donations Destination Beijing fully accounts for the ongoing...

It appears the Wild West days of bitcoin and crypto are over. Many are simply looking at BTC as a portfolio staple – something they need to have if they want to possess necessary diversification. Bitcoin Is Making Its Way Into More Portfolios According to Dan Egan of Betterment fame, the currency remains volatile. We’ve seen another example of that just this week. The currency started this period off at under $40,000 per unit. Now, the currency has risen beyond $43,000....

Republican Senator Ted Cruz of Texas is the latest politician to enter the bitcoin space. Not long ago, Cruz bought the dip that bitcoin was experiencing and purchased roughly $50,000 worth of the world’s most popular digital currency. Ted Cruz Has Jumped on the BTC Train Cruz has long been a serious bitcoin advocate, and thus traders should consider him a friend and ally against Biden’s disastrous digital currency tactics and would-be regulations. Cruz was one of...

Cryptocurrencies have shot up over the past several days. Bitcoin, for example, has gone up past $43,000, while Ethereum has shot past $3,100. Dogecoin has also jumped by more than six percent and is trading for about 15 cents at the time of writing. Bitcoin Is Doing Better Bitcoin has been suffering throughout the new year, and while things are certainly up at press time, it’s likely going to be a while before they fully recover. Bitcoin initially rose to about $68,000...