Tag Archives: News

Sometimes, the only way to keep a financial market alive is to think for yourself, and according to Changpeng Zhao – the CEO of Binance, the world’s largest and most popular cryptocurrency exchange – the herd mentality is really doing some heavy damage to the digital asset space. Changpeng Zhao Thinks People Need to Invest Long Term To be fair, he comments in a recent interview that this same attitude is seen in the stock market, though crypto appears to be more...

Hundreds of banks throughout the United States are about to offer bitcoin and cryptocurrencies to their customers thanks to their new partnerships with NYDIG. NYDIG Is Paving the Way for “Crypto Banks” NYDIG is stationed in New York and is a cryptocurrency custody firm. It is also a division of Stone Ridge, an institutional office that made headlines late last year after it invested more than $100 million into bitcoin. The firm has now partnered with Fidelity National...

Dogecoin has become so much more than just a joke or “meme coin,” which is what it began as. Nowadays, Dogecoin is being taken as seriously as one might take bitcoin or Ethereum. Dogecoin Is Reaching New Highs The asset has recently added as much as 130 percent to its overall price. It is presently trading for nearly 69 cents, and analysts say that one dollar per unit is not too far off. This all comes as Elon Musk – the South African entrepreneur behind billion-dollar...

Bitcoin cash price started a fresh surged above the $1,000 barrier against the US Dollar. The price is now trading well above the $1.200 support level and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $1,360 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could correct lower, but dips are likely to remain well bid near the $1,200 level. Bitcoin cash price rallied over 30% and it broke the...

Auction house Sotheby’s – which offers bidding wars on some of the finest art, jewelry and wine available today – has announced that it will accept bitcoin and ether bids on an upcoming auction of “Love Is in the Air,” a piece by popular artist and bitcoin advocate Banksy. Sotheby’s Ready for Crypto Bidding This will be the first time that a largescale auction house is willing to accept crypto payments for art items up for bid, though the winner is also able to pay with...

Someone has a serious attitude against the Bank of England. Either that or they just hate banks in general and happen to live in England. Thus, they are taking their anger out on the nearest centralized financial institution. This week saw the Bank of England repeatedly hit with laser messages that bashed traditional monetary systems while praising bitcoin. The Bank of England Served as a BTC Billboard Some of the messages read, “Fiat is the bubble, and bitcoin is the...

Popular bidding and auction website eBay has announced that it is “open” to the idea of utilizing bitcoin payments in the future. This does not mean that eBay has said yes right away. Rather, it is only considering the prospects of crypto payments for goods and services and will ultimately decide down the line. eBay Says It Is “Open” to BTC Payments Either way, considering how large eBay really is, this is a massive step forward, and bitcoin and its altcoin cousins are...

EOS started a strong increase above the $6.90 and $8.05 resistance levels against the US Dollar. The price is currently trading well above the $8.00 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $6.95 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is accelerating higher, and it could soon clear the $9.50 and $10 resistance levels. EOS price is gaining pace above $7.50 zone...

Litecoin price started a strong increase above the $300 resistance against the US Dollar. LTC price is now trading well above the $300 level and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $300 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is correcting gains, but dips are likely to remain well bid above $300. Litecoin price is gaining pace above the $300 zone against the US Dollar,...

In recent months, large payment companies such as Robinhood and PayPal have begun allowing people to purchase bitcoin and other cryptocurrencies through their sites. While people have likely had fun doing so, they have encountered an issue in that some of these firms do not allow users to move their digital money to other platforms. Revolut, a London-based banking app, initially took this approach as well, but is now looking to change form. Revolut Is Changing How It...