Tag Archives: News

Bitcoin price started a major decline below the $43,000 support against the US Dollar. The price is now trading below $43,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $43,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must settle above $43,000 to start a steady increase in the near term. Bitcoin price is recovering higher above $42,000 against the US Dollar. BTC could...

The Gemini Exchange in New York is looking to bring at least 200 new workers onto its team. The company is hiring rapidly after claims of excessive growth have been making headlines over the past few years. The Gemini Exchange Wants to Bring More People Onboard The Gemini Exchange is still a relatively new company, but its history is already rich and well known. The firm was started by the famed Winklevoss Twins, who got into a legal spat with Facebook founder Mark...

Bitcoin is going through another hard time now that China has fully banned it. It’s not like bitcoin has been faced with harsh conditions in the past, but the one thing we can all agree to is that BTC tends to recover every time it deals with opposition. This has been noticed by analysts such as Dennis Lynch of Morgan Stanley, who recently likened BTC to the character of Kenny on “South Park.” Dennis Lynch Likens BTC to Kenny of “South Park” For those of us who have seen...

Kayvon Thibodeaux has become the latest NCAA student player to offer his likeness and image to a new cryptocurrency. The rising football star will see to the creation of what’s known as $JDream, a new digital asset that can be traded on a platform known as Rally. Thibodeaux Heads into Crypto Territory Thibodeaux is all set to make his way into the National Football League (NFL) next year, but before he does, he’s likely thinking he’ll give cryptocurrency a try. After...

ADA price is struggling to clear the $2.32 and $2.45 resistance levels against the US Dollar. The price is now trading below $2.30 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.40 on the 4-hours chart (data feed via Bitfinex). The price remains at a risk of more downsides below $2.05 and $2.00. Cardano price is struggling below the $2.50 resistance against the US Dollar, similar to bitcoin. ADA price must...

Ethereum price started an upside correction above $3,000 against the US Dollar. ETH price is now trading below $3,100 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh decline if there is no break above $3,160 in the near term. Ethereum price is showing bearish signs below $3,160 against the US Dollar. ETH/USD could resume its...

Bitcoin has been handed a major blow today, and again, it’s all thanks to China. As if it’s not bad enough that the country has sought to destroy the mining presence within its borders, regulators have now deemed all crypto activity – this includes transactions – illegal, and now it’s not just miners that aren’t welcome in China. Rather, no digital currency has any space in the country. China Says “No” to BTC China has long had a very complicated relationship with...

Port Aventura, a world resort, is currently developing software that will allow its customers to pay for rooms and other vacation-related expenses with digital currencies. Presently, the company boasts several theme parks in Europe along with six hotels that contain approximately 2,300 total rooms. Port Aventura Gives a Greenlight to BTC Payments The software is set to be released in early 2022 and will be installed in every hotel hosted by Port Aventura. From there, the...

Visitors of the Bitcoin.org website recently fell victim to a scam that promised to double their money. Bitcoin.org Was the Recent Host of a Crypto Scam Issues like these are prevalent in the cryptocurrency space, but at this point, it should become rather obvious that anyone (or anything) promising to double one’s money is not a forthright venture. Why would a company simply double your money for the heck of it? Nobody’s that nice or giving, and the maneuver should be a...

Stellar lumen price started a strong decline below $0.3200 against the US Dollar. XLM price is now trading below $0.3000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.3000 on the 4-hours chart (data feed via Kraken). The pair could continue to decline if there is no upside break above the $0.3000 and $0.3100 resistance levels. Stellar lumen price is trading well below $0.3000 against the US Dollar, similar...