Tag Archives: News

John Reed Stark – former head of the internet enforcement team with the Securities and Exchange Commission (SEC) – believes that every business in the U.S. accepting cryptocurrency as a method of payment is likely to stop by the time 2024 begins. John Stark Believes Crypto Will Serve No Purpose in 2 Years The reasoning behind his statements has to do with new cryptocurrency reporting laws that are set to take effect after December 31, 2023. The hurdles in the new...

In 2018, Siraj Raval purchased a Tesla Model 3 electric vehicle. Today, he doesn’t just use it to get from point A to point B… He uses it to mine cryptocurrencies like bitcoin and Ethereum. You Can’t Buy a Tesla with Crypto, but You Can Use it for Mining Raval has run bitcoin mining software on the Apple Mac mini M1 computer located within the car. He has also plugged an inverter into the 12-volt power socket located within the vehicle’s center. While engaging in this...

Tron price started a fresh decline from the $0.0780 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 above a key bearish trend line with resistance near $0.0650 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0700 resistance. TRON price started a fresh decline below $0.0780 against the US Dollar, similar to...

Bitcoin price started a fresh decline from the $45,000 zone against the US Dollar. The price is now trading below $44,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $43,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could start a strong upward move if there was a break above the $44,000 resistance. Bitcoin price is trading below $45,000 against the US Dollar. BTC might...

GameStop is getting more involved in the cryptocurrency and non-fungible token (NFT) spaces. According to many mainstream sources, the company has developed a team of approximately 20 individuals at the time of writing to establish a whole new market designed for selling virtual items, which may include in-game tokens and cosmetic skins. GameStop Is Getting More Involved in Crypto NFTs have become one of the biggest trends in the digital asset space. Now valued at...

Bitcoin continues to fall. At the time of writing, the world’s number one digital asset has fallen below the $42,000 range, meaning it’s at its lowest point in months, and yet, according to some sources, this may not be a bad thing. Bitcoin Has Dropped, but There’s a Possible Good Side to This While at first, it’s perfectly natural to get completely concerned about the price of bitcoin and the direction the currency seems to be taking, it has been stated that a drop like...

Kazakhstan is experiencing civil unrest after a major internet shutdown resulted in many businesses – including crypto mining projects – unable to operate appropriately. Kazakhstan Internet Outage Results in Rioting Kazakhstan has become a new bitcoin mining hub over the past several months following the major China shutdown that occurred in the summer. China announced that to comply with new rules from Beijing designed to make the country more carbon neutral, all...

ADA price started a fresh decline from the $1.35 resistance against the US Dollar. The price is now trading below $1.20 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.165 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.20 resistance zone. Cardano price is struggling below the $1.20 resistance against the US Dollar, unlike bitcoin. ADA price...

Ethereum price started a fresh decline from the $3,250 resistance against the US Dollar. ETH price is now trading well below $3,500 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a steady upward move if there is a move above the $3,200 level. Ethereum price is struggling below $3,200 against the US Dollar. ETH/USD remains at a risk of a...

2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are experiencing bearish activity that has seen them endure some of their biggest price drops in months. Bitcoin and Other Assets Are Experiencing Heavy Dips Bitcoin, for example, is presently trading for around $43,000 per unit. This is about $25,000 less than the all-time high it...