Tag Archives: News

Dunamu is one the biggest cryptocurrency exchanges in South Korea, and now it looks like two of the company’s biggest shareholders – Song Chi-hyung and Kim Hyoung-nyon – have become the nation’s first two bitcoin billionaires. Dunamu Is Big, and So Are Its Shareholders While these individuals may not sound familiar, what they do for a living is likely to ring a bell with several pop culture fans. Chi-hyung is the founder and chairman of Hybe, the agency behind K-pop...

The city of Miami, Florida says it will be one of the first regions in the world to offer “bitcoin yield” to its residents. Mayor Francis Suarez made the official announcement last week and said that crypto staked through Miami’s digital wallets will be used to benefit citizens. Miami Is Moving In a Revolutionary Direction Suarez has long worked to make Miami a major cryptocurrency and bitcoin hub. Not long ago, when several cryptocurrency miners were ungraciously kicked...

EOS price started a downside correction from the $5.50 resistance against the US Dollar. The price is now trading below $4.50 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4.75 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could move down further if there is a downside break below the $4.10 support. EOS price is showing bearish signs below $4.50 against the US Dollar, similar to...

Litecoin price started a fresh decline from the $280 resistance against the US Dollar. LTC price is now trading below $250 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $255 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could extend losses if there is a break below the $220 support zone. Litecoin price is moving lower and trading below $240 against the US Dollar, similar to...

If you’re a faithful churchgoer, there’s a good chance the coronavirus pandemic affected you terribly. Throughout the spread of COVID, we saw the closing of churches – along with several other businesses and organizations – and many people could not worship the way they wanted to. Churches and Bitcoin… Who Would Have Thought? Now, it appears churches across America and all over the world are beginning to reopen their doors, but there is a change associated with many of...

US regulators have banned the new bitcoin-based exchange-traded fund (ETF) submitted by Van Eck. The Securities and Exchange Commission (SEC) had until November 14 of this year to make an official decision, though it looks like regulators were not willing to take the entire time window they had open to them. They certified a “no” on November 12. The Van Eck ETF Is Ungraciously Kicked Aside The SEC has been one of the most closed-minded organizations to bitcoin and the...

Refugees in the Democratic Republic of Congo are turning to bitcoin to ensure their survival following a violent volcanic eruption. How Bitcoin Is Aiding Those Affected By a Volcano The trouble began on May 22 when Mount Nyiragongo erupted, leaving many residents homeless and displaced. Several found themselves stuck in a refugee camp and unable to fend for themselves. No money, no food, no provisions to keep them up to speed. This all changed when Gloire Wanzavalere –...

Tron price started a major decline from well above $0.1200 against the US Dollar. TRX price is now trading below $0.1100 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.1100 on the 4-hours chart (data feed via Bitfinex). The pair could extend losses if it settles below the $0.1120 level in the near term. TRON price started a major drop below $0.1150 against the US Dollar, similar to bitcoin. TRX price is...

Bitcoin price started a fresh decline from the $66,000 resistance against the US Dollar. The price is now trading below $62,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $62,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could accelerate lower if there is a break below the $58,500 support zone. Bitcoin price is gaining pace below $60,000 against the US Dollar. BTC might...

The CFO of Coinbase – one of the biggest and most powerful digital currency exchanges in the world – unveiled some of her thoughts on the future of the crypto industry and where she thinks the company will go from here. How Coinbase Is Planning to Change Alesia Haas says that Coinbase now has a valuation of approximately $70 billion despite crypto transactions being down this quarter. Between quarter three and quarter four of 2021, monthly transactions fell from just...