The journey of a new digital token potentially based on the works of British author J.R.R. Tolkien – known predominantly for “The Hobbit” and “The Lord of the Rings” novels – has come to a sudden halt thanks to the author’s estate. Tolkien Crypto Comes to a Short Stop The cryptocurrency was launched last August accompanied by the tagline “The One Token That Rules Them All.” Promoting the asset was a new video hosted by Billy Boyd, famous for playing the role of Pippin in...
Read More »Eric Adams Visits BTC Mogul Brock Pierce
Eric Adams – the mayor-elect of New York City – is taking some flak after allegedly flying on the private jet of bitcoin billionaire Brock Pierce, a former child star who appeared in projects like “First Kid” and “The Mighty Ducks.” Does Adams Have Something to Hide? While this wouldn’t seem so bad at first glance, it is alleged that Adams is not being entirely honest about the circumstances or expenses surrounding the trip. For example, Adams claims that he flew to...
Read More »Bitcoin Cash Analysis: Bulls Struggle Below $600
Bitcoin cash price started a fresh decline from $640 against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $570 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a fresh increase in the near term. Bitcoin cash price is showing bearish signs below $600 against the US Dollar, similar to bitcoin....
Read More »Karlie Redd Partners with Crypto Music Firm Legacy Records
Karlie Redd – famous for her role on the popular television show “Love & Hip-Hop: Atlanta” – has signed a multi-million-dollar deal with Legacy Records, a music label that pays its artists in crypto. Karlie Redd Signs a One-of-a-Kind Deal Redd is the organization’s first female artist. Earlier in the month, Legacy held a red-carpet event to celebrate her joining the ranks of its other artists and allowing fans to preview her latest songs. Some of the people to attend...
Read More »Sophos: Crypto Involved in 79% of Ransomware Attacks
Ransomware is becoming a huge problem. In fact, according to a detailed report published by cybersecurity firm Sophos, cryptocurrency was involved in approximately 79 percent of the world’s ransomware incidents over the past 18 months. At the top of the list were the Conti and REvil ransomware attacks. Ransomware Is Changing for the Worse Sophos also believes that so long as cryptocurrency exists, it will likely be at the center of several other attacks in the future....
Read More »Latvian Man Arrested After Engaging in Spain-Based Crypto Scam
A crypto fraudster that is suspected to scamming his victims out of nearly 500,000 pounds has been arrested in Latvia. Prior to his capture, the man was living in Spain’s Costa del Sol, a resort town. He is accused of using investor funds to spend on a lavish lifestyle. He is believed to have been staying in luxury hotels, buying expensive designer clothing, and enjoying fine dining in top-rated restaurants. Latvian Man in Custody After Using Crypto-Invested Customer...
Read More »EOS Price Analysis: Bears In Action Below $4
EOS price started a fresh decline from the $4.15 resistance against the US Dollar. The price is now trading below $4.00 and the 55 simple moving average (4-hours). Earlier, there was a break above a major bearish trend line with resistance near $4.00 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could continue to move down below the $3.85 and $3.80 support levels. EOS price is showing bearish signs below $4.00 against the US Dollar, similar...
Read More »Litecoin (LTC) Price Analysis: Risk of Fresh Decline Below $200
Litecoin price is facing resistance near the $220 zone against the US Dollar. LTC price is now trading near $205 and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend line with resistance near $211 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline if it fails to stay above the $200 support. Litecoin price is consolidating above $200 against the US Dollar, similar to bitcoin. LTC...
Read More »Crypto Companies in India Seek New Marketing Outlets
Crypto brands in India are trying to find ways in which they can advertise themselves. Many of them are now turning to gaming sites, general entertainment channels (GEC), and news platforms to get the word out on their operations. India and Crypto Haven’t Always Worked Together India has been a very up-and-down country when it comes to crypto. After initially deciding that crypto businesses couldn’t gain access to traditional finance tools, India later labeled this as an...
Read More »Many Analysts Think Bitcoin Could Strike $100K Soon
With bitcoin and so many other mainstream cryptocurrencies hitting new all-time highs, many analysts and industry experts believe that the world’s number one digital currency is going to hit $100,000 much sooner than originally anticipated. Bitcoin Is Exploding in the Eyes of Many Analysts The volatility the currency has been experiencing as of late is nothing new, they say. Recently, after hitting $68,000 per unit, the asset began a series of slight falls that at press...
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