Tag Archives: News

Several leading crypto exchange executives have been called in to testify before a committee on December 8. The committee will be made up of several members of the U.S. Congress, all of whom have questioned the presence of crypto in America and have previously called for stricter regulation. The Committee Wants to Know More About Crypto Among the witnesses called to testify before the committee are Alesia Haas of Coinbase fame, Jeremy Allaire from Circle, and Brian...

Crypto investors in India have received some good news in that the country has decided not to ban cryptocurrency. Rather, digital assets are now going to be recognized as an entirely new asset class and will thus be regulated as so. India Classifies Crypto as a New Asset Class This has been a back-and-forth battle that was going even just a few weeks ago after the nation’s Parliament issued a bill to be discussed during the winter session that would set forth rather...

Ethereum price started a fresh increase from the $3,650 support against the US Dollar. ETH price is now trading above $4,200 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4,400 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,400 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could start a major...

ADA price started a recovery wave above the $1.30 and $1.40 resistance levels against the US Dollar. The price is still trading below $1.50 and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $1.35 on the 4-hours chart (data feed via Bitfinex). The price might extend gains if it manages to clear the $1.50 resistance zone. Cardano price is struggling below the $1.50 resistance against the US Dollar, unlike...

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...