Tag Archives: News

It looks like a thief’s love of bitcoin has gotten him in big trouble with American legal authorities. 33-year-old Aaron Laws of Atlanta, Georgia was recently sentenced to approximately three years in prison for allegedly stealing credit card numbers through Apple Pay to purchase bitcoin and more than $600,000 in luxury goods for himself. Aaron Laws Is Heading to Prison According to prosecutors in Washington state, Laws bought more than 500 individual credit card numbers...

China’s crackdown on crypto mining has got digital analysts everywhere worried. According to many figureheads in the digital currency space, the prices of assets like bitcoin and Ethereum are about to crack even further given how far China has gone in banning BTC and crypto mining from its territories. China Takes More Action Against Mining China has always had a mixed relationship with cryptocurrencies. In the past, the nation has taken a stance against both crypto...

EOS started a fresh decline after it failed to surpass $4.40 against the US Dollar. The price is now trading below the $4.00 support and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3.65 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue lower if it breaks the $3.50 support zone in the near term. EOS price is showing bearish signs below $4.00 against the US Dollar,...

Litecoin price extended its decline below the $130 support zone against the US Dollar. LTC price is now trading below $132 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $133 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could start a fresh decline as long as it is below the $132 and $135 levels in the near term. Litecoin price is struggling to recover above $132 against the...

A Russian woman named Katie Ananina has started a business that allows Americans, Canadians, Australians, and residents of the United Kingdom garner new passports as a means of avoiding taxation on their bitcoin and crypto holdings. Katie Ananina Wants You to Keep Your BTC Ananina first arrived in the United States in 2016. She garnered a green card after proving herself to be one of the best sailing instructors around, but she has since turned her attention to helping...

A young man who committed suicide a few years ago left a massive bitcoin fortune worth more than $300,000 that his family cannot access. A Lot of Bitcoin That’s Inaccessible The brother of the man took to Reddit to seemingly ask bitcoin enthusiasts what his sibling’s password might be. He also asked if it was “morally wrong” to potentially garner access to the bitcoin stash, which contained as many as ten separate units. The person in question relayed the story of his...

Energy Harbor Corp. has announced that it will partner with a firm known as Standard Power over the next five years to provide carbon-free, clean energy from its nuclear sources to ensure Standard Power can mine cryptocurrencies without leaving a heavy mark on the environment. Standard Power will begin utilizing this type of electricity by the end of this year. Standard Power Seeks Green Methods of Extracting BTC Bitcoin and cryptocurrency mining has been at the center...

Tron price started a fresh decline from well above $0.0650 against the US Dollar. TRX price is now trading well below $0.0620 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower below $0.0560 unless the bulls gain strength above $0.0650. TRON price is slowly moving lower below $0.0600 against the US Dollar, similar to bitcoin....

Bitcoin price started a fresh decline after it failed to surpass $35,000 against the US Dollar. The price is now trading well below the $34,250 zone and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $34,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $30,000 support zone in the near term. Bitcoin price is slowly moving lower below $33,000...

Scams are afoot… Researchers have identified more than 170 fraudulent Android-based cryptocurrency apps that are allegedly scamming digital currency miners. Scams Just Don’t Seem To Exit the Crypto Space The crypto space has always been fraught with money-stealing operations, some of which have been all too successful. Most of the time, operations are done on a largescale basis, such as when exchanges like Mt. Gox, Coincheck, or most recently, Africrypt were hit. These...