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Tag Archives: News

More Nonprofits Are Accepting Crypto This Holiday Season

Many nonprofits in the United States are entering what’s known as the “peak months” for charitable donations. This is the time of Thanksgiving, Christmas, and many other holidays in which being grateful and showing love to one another take precedence over all things. Thus, people tend to be feeling a little more generous than usual. Nonprofits and Crypto Are Working Together But here’s the real clincher… Many of these nonprofits are now accepting crypto donations. The...

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Could Jerome Powell Affect the Crypto Market? Analysts Weigh In

Jerome Powell has been nominated to lead the Federal Reserve in 2022, and many analysts believe this could bear serious repercussions for the cryptocurrency space. Powell Might Not Be Great for Crypto, Analysts Claim While Powell is all set to lead the Federal Reserve, his counterpart vice chairwoman may be Lael Brainard. Both nominations will need to be confirmed by a majority vote in the Senate. Powell served as the Federal Reserve chair under President Donald Trump,...

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Jane Hume: Crypto Is NOT Going to Disappear

Financial services minister Jane Hume believes that governments around the world are wrong to be worried about cryptocurrencies. She says that cryptocurrency is “not a fad,” but rather a valid financial tool that can play many parts in the future of the global economy. Jane Hume Is Confident in Crypto At a summit review in Australia just over a week ago, Hume said that cryptocurrency wasn’t likely to disappear “anytime soon.” She offered the following message to...

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Moon Pay Is One of the Newest – and Biggest – Crypto Firms Today

Moon Pay – a crypto and fintech firm – is only three years old and one of the newest players in the digital currency industry. However, the company is already valued at more than $3.4 billion thanks to its first ever funding round, which took place two Mondays ago. Moon Pay Has Come a Long Way in a Short Time During this round, the company managed to add more than half a billion to its overall market valuation. The event was led by Tiger Global. The company has been...

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Cardano (ADA) Price Analysis: Risk of Fresh Decline Below $1.5

ADA price is trading in a bearish zone below the $1.70 and $1.60 resistance levels against the US Dollar. The price is now trading below $1.60 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.65 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase if it manages to clear the $1.75 resistance zone. Cardano price is struggling below the $1.75 resistance against the US Dollar,...

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Ethereum Price Analysis: ETH Aims Fresh Rally To $5K

Ethereum price started a fresh increase from the $3,915 support against the US Dollar. ETH price is now trading above $4,300 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $4,480 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase if it clears the $4,500 resistance zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could start a major...

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Industry Panelists: Crypto Adoption Is Going to Grow Tenfold By 2031

According to recent panel data, the global population believes that cryptocurrency adoption is going to grow by 90 percent within the next ten years. Adoption Will Grow Heavily Over the Next Decade Right now, despite crypto’s growing popularity, the number of crypto users in the world is around 300 million people. That’s about four percent of the global population. The panel in question was composed of several financial experts including Richard Byworth, the CEO of...

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Tahinis Restaurant Sees Massive Profit Thanks to BTC Investing

In 2020, the coronavirus pandemic had horrible effects on businesses throughout the world. Many companies began shutting their doors permanently due to the rampant trouble the pandemic presented for the global economy, but not every enterprise had a hard time. One restaurant called Tahinis – located in Canada –made quite a bit of profit during 2020, and it has bitcoin and crypto to thank. Tahinis Sees BTC Profits Explode Based in London, Ontario, Tahinis has made a name...

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Crypto Firm Coinme Still Puts Cash Above Other Financial Tools

Bitcoin and cryptocurrencies are becoming far more popular as of late, but as this space grows, it is becoming clear that cash is still at the top of the financial ladder. Fiat currencies like USD are the primary tools that Americans rely on, and Coinme – a digital currency platform – is recognizing this. Thus, the company wants to make transfers between both cash and crypto as smooth and as easy as possible. Coinme Still Believes Cash Is at the Top Neil Bergquist – the...

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Stellar Lumen (XLM) Price Could Start Increase If It Clears $0.33

Stellar lumen price started a fresh decline from the $0.3500 resistance against the US Dollar. XLM price is now trading just below $0.3300 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3300 on the 4-hours chart (data feed via Kraken). The pair could start a steady upward move if there is a clear break above $0.3300. Stellar lumen price is trading in a bearish zone below $0.3500 against the US Dollar, similar...

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