Tag Archives: News

Ethereum price started a fresh decline from the $3,200 resistance against the US Dollar. ETH price is now trading below $2,800 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $2,500 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $2,200 support zone. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...

Stellar lumen price declined below the $0.2000 support zone against the US Dollar. XLM price is now trading below $0.2200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.2150 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2200. Stellar lumen price is trading in a bearish zone below $0.2200 against the US Dollar, similar to bitcoin. XLM...

Ripple price started a fresh decline from the $0.7500 zone against the US dollar. The price is now trading below $0.7000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.6200 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a steady increase if it stays above the $0.5500 support zone. Ripple price is trading in a bearish zone below $0.7000 against the US Dollar, like...

The central bank of Russia is allegedly considering a ban on all crypto activities, including transactions and mining. If this goes through, Russia will become the next in what appears to be a string of countries that have taken on very anti-crypto attitudes as of late. Russia May Be Next to Ban Crypto Prior to Russia is China, which announced over the summer that it was going to be ending all crypto and bitcoin mining projects within its borders as it worked to become...

Susan G. Komen, a leading breast cancer organization, is now able to accept digital currency donations. Susan G. Komen Will Allow BTC and Other Crypto Donations The news is huge in that digital currencies are being pushed closer towards their initial goals. What many people may not understand at this point is that bitcoin and other forms of crypto, while primarily speculative, were not designed to just be tradable assets. Rather, they were initially created to serve as...

The new budget session of Parliament in India is particularly important given that this is allegedly when the country is going to make some hardcore decisions regarding the future of crypto within the nation’s borders. Regulators are seeking to initiate some new laws in which anti-tax evasion laws surrounding crypto will be set in stone. India Is Looking to Prevent Tax Evasion Through Crypto India has had a very up and down relationship with digital currency. Since 2018,...

Jared Kushner – the son-in-law of President Donald J. Trump – allegedly sought to establish a national digital currency while he was working in the White House, according to leaked emails. While serving as a senior advisor to the President in the year 2018, Kushner spoke regularly with Steven Mnuchin, the person in charge of the Treasury at the time, to discuss brainstorming sessions in which the government might establish a new digital currency for all Americans to...

Most Americans don’t have a will or anything in place to decide how their assets or belongings should be distributed once they leave the Earth. According to a Gallup poll last year, about 46 percent of Americans don’t have a will, a number that has been largely consistent for the last 32 years. Many Americans Don’t Place Crypto in Their Wills In the past, things like airline rewards and credit card points were mostly up for grabs in situations like these. However, now...

The Australian Football League (AFL) has signed a deal with Crypto.com, one of the largest digital currency exchange firms in the world. Unfortunately, the deal has not made everyone happy. The AFL and Crypto.com Have Formed a Partnership The partnership is set to last a whopping five years, and Crypto.com will be the official crypto exchange and trading platform for both the AFL and the AFLW. Presently, Crypto.com also has deals with large sports leagues and...

Rain Financial in the Middle East – which operates the Rain cryptocurrency exchange licensed by the Central Bank of Bahrain – has garnered more than $110 million in series B funding as digital currencies become more mainstream and legitimate in that part of the world. Rain Financial Gets a Lot of Money The funding round was led by Paradigm, a San Francisco-based crypto investment firm. Also helping with the round was Kleiner Perkins in Silicon Valley. Additional funds...