Tag Archives: News

What do mosquitoes and bitcoin have in common? Well, nothing really, though there is a company called Spartan Mosquito – designed to kill and control the population of the nasty little bloodsuckers – that just accepted its first bitcoin payment. Now, it looks like it is on a quest to accept bitcoin and several other cryptocurrencies for all its products and services in the future. Spartan Mosquito Will Accept BTC The crypto world is wrought with currencies that were...

EOS failed to surpass a key resistance zone near $4.20 against the US Dollar. The price is now trading below the $4.00 support and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $4.00 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 $3.60 support zone in the near term. EOS price is showing bearish signs below $3.85 against the US Dollar,...

Litecoin price failed to continue above the $150 resistance zone against the US Dollar. LTC price is now trading below $140 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $136 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair could continue to move down if it breaks the $132 and $130 support levels in the near term. Litecoin price is slowly gaining pace below $140 against the US...

Coinbase is arguably one of the largest and most popular cryptocurrency exchanges in the western hemisphere. The company has become the first and only crypto exchange as of late to be listed publicly, and it is estimated that the firm has a valuation of approximately $70 billion or more. However, it looks like the company is experiencing some solid competition in the form of bitcoin payments firm Strike. Strike Is Bringing the Heat to Coinbase Over the years, Coinbase –...

The bitcoin spikes that have occurred over the past year have led to serious jumps in ransomware attacks according to new data from Barracuda Networks, a company that provides cybersecurity products and services. Barracuda Networks Sheds Light on BTC Ransomware Between October of last year and May of 2021, the price of bitcoin rose by nearly 400 percent. That is the good news. Obviously, there are many crypto traders that raked in some heavy profits, and several...

Bitcoin, Ethereum, Dogecoin, Tesla, and Facebook… Over the past several months, many analysts have talked about how all these entities are potentially related and how they correlate with each other. It is widely believed that altcoins like ETH follow bitcoin’s patterns, while it is alleged that bitcoin and stocks will mimic each other’s behavior. Either way, per Sam Bankman-Fried – the CEO and founder of popular cryptocurrency exchange FTX – believes that all these...

Bitcoin price is consolidating in a range below the $35,000 resistance against the US Dollar. The price is now trading near the $34,250 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above the $35,000 resistance. Bitcoin price is recovering higher above...

Tron price started a decent increase above the $0.0600 zone against the US Dollar. TRX price is now trading well above $0.0620, but it is below the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0670 on the 4-hours chart (data feed via Bitfinex). The pair is likely to start a decent increase above the $0.0680 and $0.0700 resistance levels. TRON price is now showing positive signs above $0.0600 against the US...

The month of June marked a turning point for the world of crypto and bitcoin mining, and it looks like revenue for miners has begun to slip. Crypto Miners Are Losing Out On Funds Both bitcoin and Ethereum miners reported a drop in earnings throughout June 2021. Profits fell by as much as 42 percent from May, which saw those involved in extracting new units garner a whopping $1.45 billion in crypto-based profit. By contrast, June only produced $839 million in profit for...

According to a new report issued by cryptocurrency research firm Crypto Head, the United States is the most-ready nation to initiate full scale cryptocurrency adoption. Crypto Head Puts the U.S. in the Number One Spot Crypto Head is basing its figures on several factors, including the amount of bitcoin and crypto-based ATMs the U.S. has within its borders. Thus far, the United States has more than 17,000 bitcoin ATMs stationed throughout the country. In second place was...