Tag Archives: News

Bitcoin has done rather well this year. For the most part, 2021 has been a continuation of the BTC bull run we began to see towards the end of 2020, but now, it looks like the world’s number one digital currency by market cap has taken a turn for the worse, which is causing some analysts – such as Scott Minerd – to feel differently about the coin. Scott Minerd Predicts an Ugly Future for BTC Minerd of Guggenheim Partners has recently repeated the same warning he issued...

Stellar lumen price declined heavily from well above $0.6000 against the US Dollar. XLM price is now trading well below $0.5000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4500 on the 4-hours chart (data feed via Kraken). The pair is likely to start a fresh increase if it clears the $0.4500 and $0.5000 resistance levels. Stellar lumen price is consolidating above $0.4000 against the US Dollar, while...

Ripple price declined heavily from well above the $1.800 level against the US dollar. The price is now trading below the $1.20 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.155 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 $1.155 and $1.160. Ripple price is attempting a recovery from $0.885 against the US...

The Venmo app – which is a division of PayPal – has agreed to let all users buy, sell and hold digital tokens. The news was announced earlier in the week, and many believe this will move cryptocurrencies deeper into mainstream territory. The Venmo App Has Said “Yes” to Crypto Beginning last Tuesday, Venmo users can invest in four mainstream cryptocurrencies. They are bitcoin, Litecoin, Ethereum and bitcoin cash. They can use these assets to purchase goods and services...

Office provider We Work has joined hands with popular cryptocurrency exchange Coinbase and digital currency transaction processor Bit Pay so that it can now accept payments in digital assets like bitcoin. We Work Is Joining the Ranks of PayPal and Tesla The idea of bitcoin and other digital currencies being used as payment methods has been around for quite some time. In fact, BTC and many other crypto assets were designed for this purpose – to one day knock fiat...

Bitcoin and cryptocurrencies are becoming more popular than ever, and now a company known as Unifi Money is set to offer what it is calling the Unifi Premier, a new credit card that will reward its users in gold, stocks and digital assets. Unifi Premier Is a New Kind of Crypto Card While not all the details regarding the rewards program are known at this time, Ben Soppitt – the CEO and founder of the company and the respective card – says that users are likely to be...

The cryptocurrency space has often been wrought with fraud, which has caused problems for both regulators and traders. In the state of Texas, a new crypto-based Ponzi scheme has come about that has ultimately caused the area’s securities commissioner to step in. There’s a New Crypto Ponzi Scheme in Texas Travis J. Iles has issued an emergency cease and desist order to stop what he is referring to as a fraudulent cryptocurrency trading program. Those allegedly guilty of...

Over the past few days, bitcoin has suffered somewhat, dropping in price from about $63,000 – the currency’s latest all-time high – to about $55,000 at press time. While many analysts believe that the currency has slipped due to exhaustion from the Coinbase listing on the Nasdaq, others feel differently, and point to other factors that may have contributed to the drop. Bitcoin May Have Fallen Due to a Power Outage Bitcoin has fallen by close to 20 percent over the past...

The United Kingdom and the Bank of England are looking into potentially unveiling a new bank-issued digital currency. The Bank of England Wants Its Own Version of Crypto There are several countries over the past few years that have been exploring the idea of utilizing bank-issued currencies to boost financial prowess. Among the only nations to have done so thus far is China, which drew back the curtain on its plans for the digital yuan as early as 2019. While the...

Does anybody even read TIME Magazine anymore? Who knows? But the magazine seems to believe it can boost readership by pairing up with Crypto.com to ensure that subscribers can pay for their subscriptions with digital currency in the future. TIME is Partnering with Crypto.com The idea of using cryptocurrencies to pay for items has always been a goal of bitcoin’s creators. Those behind the development of digital currencies had always pictured digital assets as payment...