Tag Archives: News

Pakistan could be the next country to ban cryptocurrency. The nation’s central bank is calling for an outright ban on all digital currency activity per documents submitted to the Sindh High Court, the country’s biggest legal establishment. Pakistan Seeks to End Crypto’s Run The fight has allegedly been going on since the year 2019. A petition was filed during that time which sought to remove present bank guidance that told banks and standard financial institutions to...

According to investment firm Fidelity, 2022 will be a year in which more countries purchase bitcoin and add the digital currency to their balance sheets as a means of remaining competitive. Fidelity Believes More Nations Will Add BTC to Their Balance Sheets This is a craze that was likely started by the Central American nation of El Salvador, which in the summer of 2021, stated that it would be the first country in the world to declare BTC legal tender. This meant that...

Solana has caught the attention of Bank of America. In a recent statement, the financial giant stated that it feels Solana has what it takes to become the “Visa” of the cryptocurrency space. There’s a Lot of Hype Surrounding Solana The words came from the bank’s digital asset strategist Alkesh Shah, who clearly has high hopes for the altcoin. One of the main reasons for this thought is that Solana is one of several digital assets this week to experience great recovery....

Stellar lumen price declined below the $0.2750 support zone against the US Dollar. XLM price is now trading below $0.2650 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2620 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2650. Stellar lumen price is trading in a bearish zone below $0.2800 against the US Dollar, similar to bitcoin....

Ripple price started a fresh decline from the $0.8000 zone against the US dollar. The price is now trading below $0.7800 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.7600 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if it stays below the $0.8000 resistance. Ripple price is trading in a bearish zone below $0.8000 against the US Dollar, like...

Coinbase – one of the biggest and most popular cryptocurrency exchanges in the world – has announced it will be giving each of its employees approximately four weeks each year (one per quarter) to fully recharge and rest up, as executives realize the workplace can be quite stressful. Coinbase Is Handing Out a Lot of PTO Coinbase chief people officer L.J. Brock explained in a company blog: This year, we’re experimenting with four recharge weeks (roughly one per quarter),...

Several celebrities – including Kim Kardashian, Floyd Mayweather Jr., and Paul Pierce – are facing a heavy class-action lawsuit for allegedly promoting a pump and dump crypto scam known as Ethereum Max. Mayweather and Other Celebs Face Class-Action Suit Over Ethereum Max Court documents were filed against the three last Friday in a U.S. District Court for the Central District of California. In addition to the three celebrity spokespeople, the co-founders of Ethereum Max...

Bitcoin and cryptocurrency have come a long way. Many are no longer just speculative assets but have crossed into hedge fund territory following the excessive printing of money and the spread of the coronavirus. Bitcoin and Other Cryptocurrencies Are Failing in the Payments Department However, despite all the major boosts in the space, it appears crypto assets are really faltering in one specific area… Payments. Initially, bitcoin and many of its altcoin cousins were...

Twitter users everywhere are seemingly confused by a new tweet issued by Oscar-winning actress Reese Witherspoon. Reese Witherspoon Tweets About Crypto, People Push Back Users took issue with the randomness of the message, which reads as follows: In the (near) future, every person will have a parallel digital identity. Avatars, crypto wallets, digital goods will be the norm. Are you planning for this? At press time, the reasons behind the tweet are unclear, and many are...

BBTV Holdings Inc. – a leading monetization company – has launched a new program known as Pay to Crypto that will allow creators to be paid directly in digital assets. BBTV Holdings Will Pay Content Creators in Digital Money Among the cryptocurrencies that creators can be paid in are bitcoin, Ethereum, and USD stable coin. This is the first offering of its kind, and it is being provided to creators at a competitive rate. Chairperson and CEO of BBTV Shahrzad Rafati...