Tag Archives: News

India has fallen behind on its plans to regulate cryptocurrency. The winter session of Parliament was supposed to see a new bill introduced that would recognize crypto as a new asset class that could be regulated and monitored. However, this has not yet occurred and thus India’s digital currency future is still in the clouds. India and Crypto Regulation: What’s Happening? The good news is that regulatory officials have stated that at this stage, outright banning crypto...

Tron price started a fresh decline from the $0.0825 resistance against the US Dollar. TRX price is now trading below $0.0800 and near the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could start a major increase if there is a clear break above the $0.0780 resistance. TRON price started a fresh decline below $0.0850 against the US Dollar, similar to...

Bitcoin price started a fresh decline from well above $48,000 against the US Dollar. The price is now trading below $47,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $47,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $45,555 support zone. Bitcoin price is trading below $48,000 against the US Dollar. BTC might...

Josh Mandel – a Republican senate hopeful running in the state of Ohio – is taking flak for a tweet he posted which seems to compare bitcoin support with support for Christianity. Josh Mandel Loves Bitcoin, but Not Everyone Thinks Alike To be fair, Mandel has long been a bitcoin and cryptocurrency proponent. He has spoken in favor of the asset on social media, though one tweet is landing him in some hot water with followers and haters alike. The post came two days before...

Last Thursday, MicroStrategy – the billion-dollar software firm that became one of bitcoin’s biggest institutional supporters in 2020 – announced that it purchased a lot more bitcoin now that the currency has undergone a heavy slump. MicroStrategy Has Added to Its BTC Stash Not long ago, the world’s number one digital currency by market cap fell from about $51,000 per unit to just over $47,000. The company has said it is simply “buying the dip” and purchasing more BTC...

The price of bitcoin has fallen from around $51,000 to just over $47,000 at the time of writing, and several other forms of crypto are also feeling the heat. Ethereum, for example, has risen about 400 percent since the beginning of the year, though it is set to experience its worst month since March of 2021. Bitcoin Has Taken a Dip According to many analysts, the problems stem from growing Omicron cases – the new coronavirus variant – and from climate change. While many...

ADA price started a fresh decline from the $1.60 resistance against the US Dollar. The price is now trading below $1.40 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1.312 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to stay above the $1.30 support zone. Cardano price is struggling below the $1.32 resistance against the US Dollar, unlike bitcoin. ADA price...

Ethereum price started a fresh decline from the $4,140 resistance against the US Dollar. ETH price is now trading well below $3,850 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $3,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if there is a clear move below $3,650. Ethereum price is struggling below $4,000 against the US Dollar. ETH/USD remains at a risk of a sharp...

Elon Musk seems to think he knows who Satoshi Nakamoto is. Nakamoto is the pseudonym of the alleged creator of bitcoin, the world’s number one digital currency by market cap, and according to Musk, everything points to Nick Szabo – a computer scientist and legal scholar. Elon Musk Suggests Nick Szabo as a Nakamoto Potential The legend of Nakamoto has grown heavily over the years. Many people have contemplated who it could be, and there have been many guesses and even...

Residents of El Salvador are experiencing more problems with the “Chivo” wallet system that the country has implemented. Chivo is designed to give all residents of the country access to bitcoin so that they can begin transacting it now that the currency is legal tender and designed to be used alongside USD, which the nation has long been dependent on. El Salvador Sees Issues with Its Chivo Wallet The goal is certainly impactful, but to say that the Chivo wallet hasn’t...