Tag Archives: News

ADA price started a consolidation phase above $1.00 against the US Dollar. The price is now trading near $1.05 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $1.055 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.00 zone. Cardano price is gaining pace above $1.02 against the US Dollar, similar to bitcoin. ADA price could start another...

Ethereum price started a fresh increase from the $2,150 zone against the US Dollar. ETH price is now trading above $2,500 and the 55 simple moving average (4-hours). There is a major rising channel forming with support near $2,555 on the 4-hours chart (data feed from Coinbase). The pair could continue to move rise if there is a clear move above the $2,800 resistance. Ethereum price is showing positive signs above $2,500 against the US Dollar. ETH/USD might rally if there...

Are you new to the crypto space? Humphrey Yang, a personal finance expert behind a firm known as Humphrey Talks, has some advice for you. Yang Explains the First Steps to Take Approximately 55 percent of the world’s bitcoin investors say they began in the year 2021. That’s rather recent considering how strong bitcoin has proven itself to be over the past five years alone. You’d think there would be more people involved at this stage, but it seems like just a year ago is...

Bitcoin, Ethereum, and many leading digital currencies have all fallen over the past few days. No doubt the crypto industry is suffering like it never has before, and yet not everyone is convinced the space is going to the gutter. Cathie Wood, for example – the woman in charge of Ark Invest – is suggesting that bitcoin cold potentially hit $1 million by the year 2030. Cathie Wood Is Positive About Bitcoin In addition, with Ethereum’s market capitalization on the rise,...

Trump Coin is a cryptocurrency designed to celebrate the 45th President of the United States and his family. It seems people have been investing in the currency for some time and a lot of individuals are quite happy with it, but Trump and those who surround him have very different feelings about the currency. They are now threatening legal action against the currency’s developers and say that the asset uses the family name without permission. Trump Seeks to End the...

Stellar lumen price declined below the $0.2000 support 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 $0.2040 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2120. Stellar lumen price is trading in a bearish zone below $0.2100 against the US Dollar, similar to bitcoin....

Ripple price started a fresh decline from the $0.6500 zone against the US dollar. The price is now trading below $0.6000 and the 55 simple moving average (4-hours). There is a key bearish trend lien forming with resistance near $0.6800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is a move below the $0.5500 support. Ripple price is trading in a bearish zone below $0.6000 against the US Dollar, like...

According to a new document published by blockchain analysis firm Chainalysis, nearly $9 billion in crypto funds were laundered last year by cybercriminals. Overall, as much as $8.6 billion was placed in illegitimate projects and companies or washed to appear legitimate. Chainalysis Says Nearly $9 Billion Was Laundered The good news is that while this number is about 30 percent larger than the number witnessed in the year 2020, it is considerably smaller than the $10.9...

The International Monetary Fund (IMF) is telling El Salvador to forget about bitcoin for good and to forgo any further plans involving the world’s number one digital currency by market cap. The financial giant is saying that bitcoin is too volatile and risky to be used as legal tender, and it is asking the Central American nation to revert to the old ways of using the U.S. dollar. The IMF Wants El Salvador to Get Rid of BTC El Salvador made history last year when it...

The Libra/ Diem cryptocurrency project that was started so long ago by Mark Zuckerberg and Facebook is presently up for sale. The project has come crashing down underneath the heavy regulatory scrutiny it’s experienced, and it looks like Zuckerberg is eager to move on. Facebook Is Looking to End Libra Once and For All The goal is to sell all current assets presently stored in the Diem Association. This way, funds can be returned to investors and the company – now known...