Ethereum price extended its increase above the $2,500 resistance against the US Dollar. ETH price is now trading well above $2,400 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,520 on the 4-hours chart (data feed from Coinbase). The pair is consolidating gains and it might start a fresh increase above $2,600. Ethereum price is showing positive signs above $2,400 against the US Dollar. ETH/USD must stay above...
Read More »Jordan Belfort: Crypto Needs Strong and Sturdy Regulation
For the most part, analysts seem mixed on the idea of crypto regulation. Several of them claim that more regulation would hinder the space and lead to a lack of innovation. They also say it could get in the way of privacy and financial independence. However, there are some money-minded figures out there – like Jordan Belfort – who believe regulation would have the opposite effect and allow bitcoin and crypto to soar like they never have. Jordan Belfort Is All for Crypto...
Read More »Genesis Digital Assets Gets Its Hands on a Lot of Money
Genesis Digital Assets – one of the world’s largest crypto mining operators – has garnered more than $125 million in new funds. The money came through a funding round led by London-based private equity firm Kingsway Capital. Genesis Digital Assets Garners More than $100 Million in Funds The crypto mining scene has been at the heart of much controversy in recent months. While the space is necessary to ensure more crypto units wind up in circulation, there are many...
Read More »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...
Read More »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,...
Read More »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...
Read More »“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...
Read More »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...
Read More »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,...
Read More »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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