Tag Archives: News

Bitcoin has experienced another drop in price and is presently trading for around $54,900 per unit. Many analysts attribute this to a new coronavirus variant that was discovered in Africa, and nations like the United States are now beginning to restrict travel and take other measures that could potentially keep citizens and national finance situated for the time being. Bitcoin Is Suffering Thanks to a New COVID Variant Ben McMillan – founder and chief investment officer...

Bitcoin has experienced a price decline of nearly eight percent over the past week, and El Salvador was quick to take notice. The country’s president Nayib Bukele recently announced that the nation has bought the dip and added approximately 100 new units of bitcoin to its balance sheet. El Salvador Buys More BTC El Salvador has become a big bitcoin haven as of late. Recently, the nation announced plans to launch an entire city based on BTC. The area will feature malls,...

The Gemini Exchange is one of the largest and most powerful crypto exchanges in the United States, and one of its executives – David Abner – explained that he still feels a valid bitcoin-based exchange-traded fund (ETF) will show up in the year 2022. David Abner Is Confident a Valid Bitcoin ETF Will Arrive Soon For years, blockchain and crypto companies have been working their butts off to get a real, spot-traded bitcoin ETF into play. While there have been a few to come...

Stellar lumen price started a fresh decline from the $0.3600 resistance against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.2900 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3000. Stellar lumen price is trading in a bearish zone below $0.3000 against the US Dollar, similar to...

Ripple price started a fresh decline from the $1.05 resistance against the US dollar. The price is now trading below $0.90 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.8800 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move down if there is no recovery wave above $0.90. Ripple price is showing bearish signs below $0.90 against the US Dollar, unlike bitcoin....

Mr. Goxx – a little hamster that has made a name for himself over the past few months in the crypto world – has passed on to the spirit world. Mr. Goxx Will Be Missed The rodent gained a heavy amount of internet fame in recent days given his abilities to potentially outtrade human investors utilizing a special trading cage. Mr. Goxx has accumulated more than 18,000 followers on social media given his “abilities” to decide what digital assets should be bought or sold. The...

India is proposing a new bill that if passed, would see the combination of regulation and a ban in the crypto world. India Has a New Crypto Bill in Play The nation has had a rather up-and-down relationship with bitcoin and crypto. Roughly three years ago, India stated that it would not allow cryptocurrency or blockchain businesses to access standard financial tools like checking and savings accounts. It was widely – and incorrectly – reported that India was full-on...

Several Chinese crypto miners are getting kicked out again, though this time, it’s not Beijing that’s giving the order. It’s regions like Kazakhstan, which have seen a huge influx of miners from China following the nation’s decision that crypto mining is no longer an acceptable business within its borders. Kazakhstan Doesn’t Have the Energy for All This Regions such as Kazakhstan, Florida, and Texas were quick to offer homes to the many crypto miners that were forced to...

Dozens of sports players have turned to crypto to earn their keep, and now Odell Beckham Jr. – a wide receiver for the Los Angeles Rams – is joining the ranks. Odell Beckham Jr. Says “Yes” to Crypto The player recently announced on social media that he has partnered with Square’s Cash App to receive his entire salary in bitcoin. He will also be donating approximately $1 million in BTC funds to fans everywhere. Initially, Beckham played for the Cleveland Browns up until...

One of the biggest problems that bitcoin and other cryptocurrencies have faced is that they were initially designed to serve as payment tools, though very few companies have shown a willingness to accept them alongside credit and debit cards or cash. However, thanks to firms like Fast Private Jet, this is changing quickly. Fast Private Jet Allows Digital Currency Payments for Plane Rides Fast Private Jet is a charter flight company based in Italy. It began accepting...