Tag Archives: News

Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...

Bitcoin has come quite far over the past year. So far, in fact, that many people say they would not mind getting paid in it. Some, such as Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – have stated that they want their salaries paid in BTC, but some are now taking steps to make sure that this happens. One of those figures is Sean Culkin of the Kansas City Chiefs. Sean Culkin Wants a BTC-Based Salary In a recent...

Dan Schulman – the CEO of PayPal – has come a long way over the past few months. Approximately six months ago, his company announced that it would not only allow people to trade and sell digital currencies, but that people would soon be able to pay for goods and services with them. This caused bitcoin to spike to $13,000 after it was trading for just over $10,000, thereby gaining more than $3,000 in price in just a few days. Dan Schulman Thinks BTC Has Become Very...

Tesla and Elon Musk are earning some criticism after it was made clear recently that the South African entrepreneur may have sold some of the bitcoin that the company purchased back in February. Elon Musk Has Raked in Some Serious BTC-Based Dough Two months ago, the electric car firm made history by serving as one of the primary institutions to back bitcoin publicly. The company purchased more than $1.5 billion worth of the world’s number one digital currency by market...

Christian Angermayer is a 42-year-old German billionaire that seems to have become a big fan of cryptocurrencies. Angermayer Probably Has Money to Throw Around To be fair, he is a big fan of many things, claiming that he invests primarily in things that he has grown “curious” about. Perhaps when you have billions to throw around like that, you do not have to think much about where the money goes. You can potentially place it anywhere and just stand by and see what...

Is it possible to go from being a bitcoin lover to a bitcoin hater? For one German software developer, that is exactly what happened. Moritz Schmidt recently donated more than one million euros to Europe’s Green Party in the hope that they will become powerful enough to ban bitcoin and crypto mining in the future. Schmidt Suddenly Doesn’t Care for BTC Schmidt is a confusing figure in the sense that at one point, he made quite a bit of money earning and trading BTC. He...

Ripple co-creator Chris Larsen believes that unless bitcoin changes itself to be more environmentally friendly, all hope for the world’s largest and most popular digital currency is lost. Chris Larsen: BTC Needs to Change Modules Bitcoin has been taking a lot of guff in recent weeks given that its constant price increases have led to boosts in energy usage for crypto miners. The higher the price of bitcoin goes, the more expensive it becomes to mine and extract. Right...

Australians are beginning to take some serious interest in cryptocurrencies. Not only are they looking to trade the assets as much as they can; they are now looking to add crypto to their retirement accounts. Australians Love Their Crypto Australians are often frustrated by the lack of crypto regulation that exists in their country, and thus they are seeking ways to potentially gain access to these currencies without having to read all points of the fine print, so to...

Bitcoin and cryptocurrency have been all the rage as of late, but they are attracting a lot more than retailers and standard crypto investors. Wall Street is getting heavily intrigued by digital currency as well, and one man – Thomas Farley, the former president of the New York Stock Exchange (NYSE) – feels that the future of finance may very well have crypto serving at the forefront. Thomas Farley: I’m Excited By Crypto In a recent interview, Farley commented that...

Bitcoin cash price remained supported near $720 and started a fresh increase against the US Dollar. The price is now trading above the $850 support level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $850 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is likely to accelerate higher above the $900 and $920 resistance levels in the near term. Bitcoin cash price is showing...