Tag Archives: News

Stellar lumen price is facing resistance near $0.4100 and $0.4350 against the US Dollar. XLM price is now consolidating near $0.4000 and above the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.4000 on the 4-hours chart (data feed via Kraken). The pair must clear the $0.4100 and $0.4350 resistance levels to start a strong increase. Stellar lumen price is forming a base above the $0.4000 level against the US Dollar,...

Ripple price is showing positive signs above the $0.4980 and $0.5000 resistance levels against the US dollar. The price is now well above $0.5000 and the 55 simple moving average (4-hours). There is a key rising channel forming with support near $0.4960 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to start a strong increase above the $0.5250 and $0.5300 resistance levels. Ripple price is trading in a positive zone above the...

Grayscale – provider of one of the world’s largest bitcoin funds – has announced that it is unveiling five new trusts based on assorted altcoins. Grayscale Is Giving Us More Digital Currency Trading Options Among the currencies these trusts will allow customers to invest in are Chainlink, Filecoin and Livepeer. Another trust will hold Basic Attention tokens, while a fifth will give customers a chance to invest in an asset associated with the virtual reality world...

Coin Floor – a cryptocurrency exchange in the United Kingdom – is taking some flack over a recent ad that allegedly took aim at pensioners. The ad talked about the benefits of crypto investing, though it has since been banned by national regulators. Coin Floor Sees Its Ad Get Knocked Down The ad has been deemed “socially irresponsible” and “misleading,” as according to official complaints, it did not address the many risks associated with cryptocurrency investing. In a...

Crypto broker e-Toro is planning to go public, clearly showing that popular digital exchange Coinbase is setting up a massive trend that others are potentially following. e-Toro Is Following in Coinbase’s Footsteps It was announced late last year that digital currency exchange Coinbase – stationed in San Francisco, CA – was planning to go public. As one of the largest and most popular crypto trading platforms in the world, Coinbase is valued at roughly $100 billion, and...

Bank of America is clearly no fan of bitcoin. In a recent statement, the financial giant claimed that the only reason people were buying it was because the price keeps going up. Bank of America: Bitcoin Isn’t All It’s Cracked Up to Be Over the past year, several new arguments have been introduced suggesting why people are suddenly crazy about owning bitcoin. The idea that it’s a hedge tool of some kind or that it’s a store of wealth has gotten a lot of people interested....

Graham Ivan Clark – the alleged bitcoin hacker who took over several high-profile Twitter accounts last summer to get his hands on bitcoin he had no claim to – has been sentenced to three years in prison. Graham Clark Will Serve Three Years Despite being an 18-year-old teenager, Clark was looking at roughly ten years in prison, and ultimately accepted the three-year sentence – followed by three years of probation – as part of a plea deal. One could argue that the heavy...

As we have seen in the past, bitcoin doesn’t please everyone. No matter how high it rises or how strong it becomes, the world’s number one digital currency by market always seems to polarize people in ways nobody really considered possible. With bitcoin shooting past $55,000 in recent days, one of the latest haters to emerge is Jeffrey Sachs, a well-known economist. Jeffrey Sachs: Bitcoin Has No Intrinsic Value In a recent conference, Sachs said to all his listeners: I...

Oh boy… What is it about Elon Musk and crypto? The two always seem to attract one another whether they mean to or not, and the most recent example doesn’t put either entity in the best light. Elon Musk Is the Face of Another Crypto Scam Scammers posing as the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX are once again looking to potentially steal people’s bitcoin, and it looks like they are achieving success in some of their...

It’s always nice to see bitcoin turn people into believers, especially those who at one point, seriously doubted the currency and felt nothing but animosity towards it. This isn’t necessarily the case for billionaire investor Howard Marks, but he didn’t always feel extreme positivity towards the world’s number one digital currency by market cap. Howard Marks: BTC Is Better Than an “Emerging Market Currency” Now, looking at the currency and seeing how far it’s come, Marks...