Tag Archives: News

Bitcoin price failed to stay above $52,000 and declined heavily against the US Dollar. The price is now trading below $48,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $51,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair must stay above the $46,500 support level to recover higher in the near term. Bitcoin price is showing bearish signs below $48,000 against the US...

More than $3 million in Tether units have been stolen from a private antique dealer in the nation of Taiwan, suggesting that even decentralized finance is vulnerable to the illicit dealings of those who would steal and commit dirty deeds to get their hands on money. Investor Loses More Than $3 Million in Tether The victim in question is a man named Liu Kun-Hung. He holds plenty of crypto in assorted online wallets. Two contained more than $3 million in Tether, a popular...

As of late, bitcoin and cryptocurrency are being used all the time to pay for travel expenses such as flights and hotel stays, but is paying for these items with crypto a good idea? Travel and Bitcoin: A Solid Match? For many, the idea of using bitcoin and its altcoin cousins to pay for goods and services is a dream come true and the realization of a strong financial vision. These currencies were initially designed to take over and push fiat, checks and credit cards to...

The world of cryptocurrency is buzzing as of late. Assets like bitcoin are really rising through the ranks once again, with the world’s number one digital currency hitting $50,000 for the second time over the past few weeks, but there appears to be one asset at the time of writing that’s outdoing all the others. That asset is Cardano, aka the ADA token, which became the world’s third largest digital currency last month and is now trading for a whopping price of about...

ADA price started a downside correction from the $3.10 zone against the US Dollar. The price is now trading below $2.80 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.80 on the 4-hours chart (data feed via Bitfinex). The price could start another strong increase as long as it is above the $2.50 support zone. Cardano price is correcting gains below $2.80 against the US Dollar, similar to bitcoin. ADA price...

Ethereum price is holding gains above the $3,500 support against the US Dollar. ETH price is now trading above $3,800 and the 55 simple moving average (4-hours). There is a major breakout pattern forming with resistance near $3,965 on the 4-hours chart (data feed from Coinbase). The pair could continue to rise as long as it is above $3,600 and $3,500. Ethereum price is showing bullish signs below $3,800 against the US Dollar. ETH/USD could accelerate further higher if it...

A new report from digital currency data site Crypto Head suggests that crypto fraud and theft is at an all-time high in the year 2021. There are more data breaches and infiltrations of exchanges and trading platforms occurring this year than at any other point in the history of cryptocurrency. Crypto Head: Digital Currency Theft Has Reached a New Peak This is to be expected in many ways given that the crypto space has risen to boast a valuation of more than $2 trillion....

Mental illness is allegedly increasing across the globe, and now one cryptocurrency developer named Phil Kennedy is creating a new digital asset designed to raise awareness and bring some light to the issue at hand. Known as the Mental Token, the currency is built to support organizations and companies that assist individuals suffering from mental illness. Mental Token Works to Assist Those Struggling with Issues Mental Token is also looking to establish its own digital...

According to a new survey, approximately three quarters of El Salvador residents are not crazy about their country adopting bitcoin as an official currency, citing confusion over how the asset works as the primary reason. El Salvador Is Creating Turmoil Through Bitcoin El Salvador has been largely dependent on the U.S. dollar to get around and operate in the world, but now the country is doing something that no nation has ever done before: it’s declaring bitcoin legal...

Stellar lumen price started a strong increase above the $0.3500 against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.3600 on the 4-hours chart (data feed via Kraken). The pair could continue to rise above the $0.4200 and $0.4250 resistance levels. Stellar lumen price is gaining bullish momentum above $0.4000 against the US Dollar, similar to...