Litecoin price failed to climb above $150 and corrected lower against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $150 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it stays below the $142 pivot level. Litecoin price is struggling below $142 against the US Dollar, similar to bitcoin. LTC price...
Read More »A Man Named Steven Has Lost Everything to Crypto
Steven is a man who was raised on the Shetland archipelago. At the age of 13, he left school and made his way into construction, where he earned a whopping salary of more than 85,000 pounds per year. How Steven Has Dealt with His Crypto Addiction This isn’t bad for someone with limited educational means. Unfortunately, Steven has lost virtually everything to his crypto addition, which he likened in a recent interview to a gambling addiction. He says, crypto, drugs, and...
Read More »Arkansas Will Pay You $10K in BTC to Relocate
Would you move to Arkansas if you were paid $10,000 in bitcoin? It turns out there are a lot of people both inside and outside the U.S. that are willing to accept this deal. You Can Earn $10K in BTC to Move to Arkansas The Northwest Arkansas Council (NWA Council) is a nonprofit organization that is hoping to cash in on the skills of tech experts, entrepreneurs, and others who think they can turn the northern portion of the Natural State into a crypto haven. The group is...
Read More »Jon von Tetzchner Publishes Anti-Crypto Blog
Jon von Tetzchner – the CEO of Vivaldi – has put out a blog post that doesn’t place cryptocurrency in the greatest light. In the blog, he suggests digital currency is nothing more than a “Ponzi scheme” posing as currency. Jon von Tetzchner Isn’t a Crypto Fan He writes the following: Cryptocurrency has been touted by many as a revolution in currency, the future of investment, and a breakthrough technology, but if you look beyond the hype, you’ll find nothing more than a...
Read More »Tron (TRX) Price Analysis: Bears In Action Below $0.07
Tron price started a fresh decline from the $0.0725 resistance against the US Dollar. TRX price is now trading below $0.0700 and near the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0700 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down if it stays below the $0.0700 pivot level. TRON price started a fresh decline below $0.0725 against the US Dollar, similar to bitcoin. TRX...
Read More »Rio de Janeiro Will Add BTC to Its Balance Sheet
Rio de Janeiro – a popular tourist destination in the South American country of Brazil – is looking to become the nation’s biggest crypto hot spot. The city has already laid out plans to begin purchasing bitcoin and add the digital currency to its balance sheet. Rio de Janeiro Wants to Be a Major Crypto Haven Eduardo Paes – the mayor of Rio de Janeiro – explained in a statement that he is currently organizing a committee that will study ways to potentially incentivize...
Read More »Chainalysis: North Korea Stole a Lotta Crypto Last Year
A new report from blockchain analysis firm Chainalysis suggests that in the year 2021, North Korea stole as much as $400 million worth of cryptocurrency. As many as seven separate attacks were launched as a means of gaining access to the money. North Korea Is Rich from Stealing Crypto Among the methods used to engage in thievery were “phishing lures, code exploits, malware, and advanced social engineering to siphon funds” out of organizations’ hot wallets and addresses,...
Read More »It’s Official: Tesla Begins Accepting Dogecoin!
Tesla is now accepting Dogecoin payments for merchandise. The news was made official late last week when billionaire CEO Elon Musk announced the company’s decision on Twitter. Dogecoin Is a Powerhouse Cryptocurrency Dogecoin’s price has since shot up by more than 12 percent. As it stands, not all items are subjectable to Dogecoin purchases. Thus far, the only two items that users can purchase with Doge are Tesla-brand belt buckles and all-terrain vehicles for children,...
Read More »Cardano (ADA) Price Analysis: Uptrend Intact Above $1.40
ADA price started a fresh increase from the $1.08 zone against the US Dollar. The price is now trading above $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.44 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.40 zone. Cardano price is gaining pace above $1.40 against the US Dollar, unlike bitcoin. ADA price could start another...
Read More »Ethereum Price Analysis: ETH Could Slide Below $3K
Ethereum price started a fresh decline from the $3,400 resistance against the US Dollar. ETH price is now trading below $3,300 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $3,300 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down below the $3,200 support zone. Ethereum price is struggling below $3,300 against the US Dollar. ETH/USD remains at a risk of a sharp decline if...
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