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Tag Archives: News

Cardano (ADA) Price Analysis: Risk of More Downsides Below $1.30

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...

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Ethereum Price Analysis: ETH Resumes Decline Below $3,800

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...

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Elon Musk Thinks He Knows Who Satoshi Nakamoto Is

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...

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The Chivo Wallet in El Salvador Is Being Problematic

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...

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Bitcoin Stumbles Again; A Rocky Start to 2022

It’s 2022 and bitcoin is not starting the new year off well. The currency – which was recently trading for as much as $51,000 per unit just last week – has fallen to about $47,000 at press time. That’s $4,000 off its price in a rather limited period, and many are wondering if this is an ugly sign of things to come. Bitcoin Enters 2022 a Little Shaky Bitcoin is performing worse than it has in the past seven months, according to many analysts. The currency has fallen by...

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Stellar Lumen (XLM) Price Aims Larger Increase above $0.30

Stellar lumen price is attempting a fresh increase from the $0.2600 zone against the US Dollar. XLM price is now trading above $0.2850 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2650 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.2950. Stellar lumen price is trading in a positive zone above $0.2800 against the US Dollar, similar to...

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Ripple Price Analysis: Bulls Could Gain Strength Above $0.865

Ripple price started a recovery wave from the $0.8000 zone against the US dollar. The price is now trading below $0.88 and the 55 simple moving average (4-hours). There is a connecting resistance trend line near $0.8650 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above the $0.8650 resistance. Ripple price is struggling below $0.900 against the US Dollar, like bitcoin. XRP price could...

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Andy Yen On Using BTC to Enhance Privacy Measures

Andy Yen is the CEO of Proton, a privacy-focused company that has established a new encrypted email service. Now, the firm is working on bringing outside privacy tools onboard, some of which stem from bitcoin and blockchain technology. Andy Yen On Bringing BTC to the Table Yen sat down to an interview in which he discussed how he sees his company interacting with bitcoin and the growing crypto space in the coming years. He mentioned he’s a fan of bitcoin, and he would...

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Kraken and Staked Come Together in the Exchange’s 5th Acquisition This Year

Kraken – a crypto exchange based in San Francisco, CA and arguably one of the most popular in the United States – has acquired a staking platform simply known as “Staked” for an undisclosed sum. Kraken Gets Its Hands On Staked According to a statement, Kraken’s acquisition of the company is one of the “largest crypto industry acquisitions to date.” It marks the fifth for the digital currency exchange and builds on the company’s newfound goal to become the “crypto portal...

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Mac Jones of the Patriots Gives His Teammates BTC

Mac Jones is a rookie quarterback for the New England Patriots football team. He’s had quite a year in 2021, having led the team to a new 9-6 record, and he’s now slated to be the official winner of the Rookie of the Year award. Mac Jones Seems to Love BTC To celebrate, Jones is giving bitcoin to all the team members that helped the Patriots get to where they need to be. He says he couldn’t have accomplished all he’s set out to do by himself, and he’s looking to share...

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