Tag Archives: News

Bitcoin – the world’s number one digital currency by market cap – has hit a new all-time high of roughly $68,000 per unit. Bitcoin Hits a New Peak While the currency is back down in the $67,000 range at the time of writing, we are clearly seeing a strong pattern. 2021 has been the year of all-time highs for bitcoin, as the currency first rose to about $64,000 per unit before stepping back and rescinding some of its gains. The bearish period that came soon after lasted...

Stellar lumen price is consolidating above $0.3500 against the US Dollar. XLM price is now trading above $0.3600 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could start a fresh increase if there is a clear break above the $0.4000 resistance. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price must...

Ripple price declined below $1.25 and tested the $1.165 support against the US dollar. The price is now trading near $1.21 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1.175 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if there is a clear break above $1.235. Ripple price is slowly rising above $1.20 against the US Dollar, unlike bitcoin. XRP price must...

Credit card giant Mastercard has partnered with three distinct companies in Asia and Australia to offer digital currency payment cards to its customers. Mastercard Is Pushing the Crypto World Forward The companies assisting Mastercard’s newfound crypto agenda are Bitkub, a crypto exchange in Thailand; crypto finance firm Amber Group, and Australian trading platform Coinjar. While the payment cards being issued will not allow people to utilize crypto directly for...

Eric Adams – the mayor-elect of New York City – continues to push the region’s newfound crypto agenda and now says plans are underway to establish a new digital asset specific to the Big Apple. New York Is Getting a Cryptocurrency All Its Own While the currency is not stemming from Adams himself, it appears his enthusiasm for crypto is beginning to rub off on other individuals. Plans for the currency were first introduced by a company called City Coins, which works on...

The United States Justice Department has seized more than $6 million in digital currency funds that were allegedly garnered through ransomware attacks. The Justice Department Is Moving Fast The move comes after the Justice Department recently issued new sanctions against both countries and various global exchanges that had potentially been part of collecting ransomware funds and laundering the money. Several arrests of alleged hackers have also taken place as the Justice...

AMC has been getting heavily involved in the crypto space as of late. Working to improve its finances following the effects of the coronavirus pandemic on theater chains throughout America, AMC recently stated that it was permitting BTC and cryptocurrency payments for tickets, concessions, and other items. AMC Wants to Create Its Own Digital Currency CEO Adam Aron has also announced that the company is building on its crypto agenda by looking into creating its own unique...

If you like steak, shrimp, and beer, you might be able to garner cryptocurrency rewards for purchasing them. Restaurants such as Bubba Gump Shrimp, Morton’s Steakhouse, and the Rainforest Café – all owned by a corporation called Landry’s – are giving customers a chance to earn digital currency rewards whenever they dine in depending on what meals or products they buy. Landry’s Permits BTC Rewards for Buying Shrimp and Steak Landry’s has partnered with the NYDIG to...

It looks like fraud involving digital currency ATMs in the U.S. is shooting through the roof. Now that the entire space is worth approximately $3 trillion, many illicit players are seeking to take advantage of those who have saved up their assets, and ATMs are playing a huge role in the jump in crime. Crypto Fraud Using ATMs Has Gotten Bad There are more than 26,000 crypto-based ATMs in the U.S. alone. When one considers that there were only a little more than 4,000 in...

Gaucho Group Holdings, Inc. – an e-commerce company that focuses on luxury items such as fine wines, leather goods and estates – has announced a major land sale that is going to be used for producing and growing vineyards. What’s the big clincher? The entire transaction occurred via cryptocurrency. Gaucho Group Is Pushing Crypto Forward The lot was available through a division of Gaucho known as Algodon Wine Estates. The firm concentrates primarily on wine-related...