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Tag Archives: News

Kraken Exchange Donates $300K to University of Wyoming

Kraken – a popular cryptocurrency exchange based in San Francisco, CA – has partnered with the University of Wyoming to ensure all future tech students get the resources they need for positions in the growing crypto space. Kraken and Wyoming Continue Their Working Relationship Kraken says it will offer scholarship support to students pursuing PhDs at the university. It will also work with college professors to create programs for students in the K through 12 range that...

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Stellar Lumen (XLM) Price Holds Key Support, More Upsides Likely

Stellar lumen price started a decent increase above the $0.2500 resistance against the US Dollar. XLM price is now trading above $0.2500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.2700 on the 4-hours chart (data feed via Kraken). The pair is likely to start another increase if there is a break above the $0.2850 resistance. Stellar lumen price is showing positive signs above $0.2500 against the US Dollar,...

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Ripple Price Analysis: Chances of More Upsides Above $0.75

Ripple price gained traction and it rallied above $0.7000 against the US dollar. The price is now trading well above the $0.6500 resistance and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.7000 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to rise if it clears the $0.7500 and $0.7650 resistance levels. Ripple price is trading in a positive zone above $0.7000 against...

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“Joseph,” an Anonymous Crypto Investor, Loses More Than $300K in Online Scam

It’s happened again, folks. Another major cryptocurrency scam is in the books, and a man simply going by the name of “Joseph” is the 70-year-old victim sadly paying the price. Joseph Has Lost Some Serious Dough Joseph ran his own business for many years and saved up a lot of money for his retirement. At 70 years of age, he was looking to the days where he could kick back and possibly purchase a mortgage-free bungalow that would allow him and his wife to enjoy their...

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Idan Abada Shows Just How Easy It Is to Be a BTC Miner

Idan Abada is a man who lives in Los Angeles. Getting into bitcoin a few years back, Abada has made a real name for himself in the mining sector of the crypto space, though the circumstances surrounding his situation are quite unique. Idan Abada Is Running a Successful – and Simple – Mining Rig Normally, we hear of people running mining rigs that consist of many machines. They are all lined up in rows in a large warehouse somewhere as they work tirelessly to extract new...

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New Dash Payment App Is Accepted By More Than 150,000 Retailers

Dash – which stands for “digital cash” – is a cryptocurrency that has really seen its horizons grow over the past several years. The asset presently has a new payment app that allows people to make everyday purchases. It is presently supported by more than 155,000 stores and retailers all over the world, along with 125 separate online retailers, making it far more prominent as a payment currency than BTC. Dash Is Becoming a Major Payment Currency At the time of writing,...

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Binance Limits Exchange Activity for Unverified Users

Leading digital currency exchange Binance – arguably the biggest cryptocurrency trading platform in the world – is taking heavy action against unverified users. Binance Moves Towards Limiting Unverified Customers In a series of tweets, Changpeng Zhao – the company’s CEO – announced that Binance would be limiting how much money customers can remove or withdraw from their accounts daily, granted they have not gone through the verification process with the exchange. Zhao...

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Pavan Sukhdev Says Bitcoin Is an “Asset” and “Not a Currency”

We have constantly been hearing arguments in the past that bitcoin is “digital gold.” Both bitcoin and the precious metal the entire world has grown to love are consistently being compared, though according to one expert – Pavan Sukhdev – there is still too much speculation involved. Pavan Sukhdev – Bitcoin Is Not a Currency Sukhdev is the president of environmental advocacy group WWF International. In a recent interview, he commented that both bitcoin and gold remain...

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Many Crypto Experts Believe Ethereum Will Overpower BTC

Over the past week, talk surrounding bitcoin has been invigorated considering the world’s number one digital currency by market cap has shot up to just under $40,000 for the first time in well over a month. As good as the news is, it is easy to allow bitcoin to overshadow Ethereum and many other heavy hitters within the crypto space, but one panel of experts refuses to turn away from competing altcoins. Ethereum Is Climbing Up the Financial Ladder Ethereum is the second...

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Crypto Firm Fire Blocks Garners More than $300 Million in New Funds

Digital currency provider Fire Blocks – a startup based in New York – has managed to raise more than $300 million in new funds, thereby bringing its overall valuation beyond the $2 billion mark in just under half a year. Fire Blocks Gets Its Hands On a Lot of Money Fire Blocks came about three years ago in 2018. Just last February, the company managed to secure approximately $133 million for itself through a Series C funding round. During that period, the company’s...

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