Tag Archives: News

Bitcoin cash price started a fresh increase above the $300 level against the US Dollar. The price is now trading above the $320 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $340 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could test the $320 support before it might start a fresh increase in the near term. Bitcoin cash price is gaining pace above $320 against the US...

As if Facebook didn’t already have enough on its plate. After seeing its cryptocurrency dreams come to a sudden end, the social media giant is now facing a massive lawsuit from Australian billionaire Andrew Forrest, who claims that the company did nothing to prevent a crypto scam featuring his likeness from affecting users. Facebook Isn’t Doing So Well Australia is working hard to remove any safe harbor protections that currently apply to social media companies....

The Securities and Exchange Commission (SEC) is planning to introduce some sweeping crypto rules that allegedly would allow regulators to check in on the activities of crypto exchanges and defi platforms. The SEC Is Working to Regulate Crypto at All Costs According to bitcoin and crypto bull Hester Pierce – who is often referred to as the “Crypto Mom” for her pro-bitcoin attitude – this could be very dangerous for the digital currency industry in that the rules are going...

Oscar-winning writer and actor Matt Damon has taken quite a bit of flak for his appearance in a recent advertisement for Crypto.com. Now, it looks like the popular animated television program “South Park” is the latest to jab at Damon for his work with the digital currency exchange. Matt Damon Just Can’t Catch a Break Not long ago, a commercial was featured on television that included the presence of Matt Damon, who is known for his work on films such as “Good Will...

EOS price started a fresh increase above the $2.45 resistance zone against the US Dollar. The price is now trading above $2.50 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $2.45 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could extend increase if it stays above the $2.45 support zone. EOS price is showing bullish signs above $2.50 against the US Dollar, similar to bitcoin. The...

Litecoin price started a fresh increase above the $120 resistance against the US Dollar. LTC price is now trading above $130 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $130 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to rise if it stays above the $130 and $125 support levels. Litecoin price is gaining pace above $130 against the US Dollar, similar to bitcoin. LTC...

Muneeb Ali – a doctor of computer science who graduated from Princeton – has raised a whopping $150 million to create a New York-based company he’s calling Trust Machines, which he’s establishing with fellow Princeton doctor JP Singh. The company seeks to unleash the “true potential of bitcoin” by creating decentralized finance applications, DAOs, and non-fungible tokens (NFTs), a growing marketplace for crypto investors and developers. Ali Is Bringing Trust Machines to...

It looks like the Internal Revenue Service (IRS) doesn’t have as much power as we thought. The agency is offering to pay a man named Joshua Jarrett, who allegedly was denied a refund two years ago after creating new coins through staking. Despite the offer, Jarrett is saying “no” and continuing his case against the tax people in D.C. to ensure the IRS never pursues him on the matter again. Has Crypto Beaten the IRS? In 2019, Jarrett was made to pay income taxes on new...

Liam Ghershony – a 25-year-old former crypto enthusiast – has completed a 125-day jail sentence after drugging his father so he could convert more than $400,000 worth of his BTC into Ethereum. What Liam Did to Keep His Dad’s Crypto from Falling Liam was involved in crypto investing with his dad, and together, they began an account that saw them earn more than $350,000 in digital currency profits after taxes. Things were going well, but Liam had a serious drug problem...

Tron price started a decent increase above the $0.0600 level against the US Dollar. TRX price is now trading above $0.0620 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.0630 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move up if it stays above the $0.0620 support zone. TRON price started a fresh increase above $0.0600 against the US Dollar, similar to bitcoin. TRX price could rally...