Stellar lumen price is facing resistance near $0.4200 and $0.4500 against the US Dollar. XLM price is now consolidating below $0.4000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4060 on the 4-hours chart (data feed via Kraken). The pair could start a strong increase if it manages to clear $0.4060 and $0.4200. Stellar lumen price is forming a base above the $0.3750 level against the US Dollar, while bitcoin...
Read More »Ripple Price Analysis: Facing Uphill Task Near $0.50
Ripple price is still struggling to gain pace above the $0.4800 and $0.5000 resistance levels against the US dollar. The price is now well below $0.5000 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $0.4560 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could either rally above $0.4600 or it might dive towards the $0.3950 support. Ripple price is consolidating well below the...
Read More »Peter Schiff On His Son’s BTC Investments
Who would have ever thought that bitcoin could be the cause of so many riffs in families? A big one is occurring between father and son… A master investor and his likely protégé. The fight involves Peter Schiff, a known bitcoin hater, and his son Spencer Schiff, who is now going against his father’s words and investing all his funds into the world’s number one digital currency by market cap. Peter Schiff Is Not Happy About His Son’s BTC Investments The world of...
Read More »Bitcoin Investing Firm River Financial Garners More Than $12 Million in New Funding
Bitcoin financial services provider River Financial has recently gotten its fingers on roughly $12 million in equity through a Series A funding round. River Financial Is On a Serious Roll The event was hosted by Goldcrest Capital and saw the participation of several additional money giants including M13, Castle Island, the Kraft Group, Slow Ventures and Craft Ventures. The company – which is based in San Francisco, California – says it’s planning to use the money to grow...
Read More »fly Exclusive Is Allowing Customers to Pay with Crypto
One of the big things that many industry experts claim will bring bitcoin into mainstream territory is its usage as a valid payment method, and now, thanks to fly Exclusive, it looks like this day may be arriving rather soon. fly Exclusive Is Allowing Crypto Payments fly Exclusive is a company that specializes in private jet charter travel. As a luxury brand, it has announced that all customers looking to fly the friendly skies through its services may do so with the...
Read More »Grayscale Is Hiring a Crypto ETF Unit, Claiming the U.S. Will Soon Follow Canada’s Footsteps
Canada has unveiled three bitcoin-based exchange-traded funds (ETFs) over the past few weeks, and the United States seems to believe that its day in the crypto ETF spotlight is rather close. So much, in fact, that now Grayscale Investments – one of the largest crypto investing firms in America – is hiring an ETF team for the coming future. Grayscale Is Looking to Hire for Its New ETF Divison A crypto-based ETF has been the envy of many people involved in the digital...
Read More »Mark Mobius: Tech Stocks Will Get Hurt if BTC Falls
Legendary investor Mark Mobius is warning the world that should bitcoin ever experience a sharp decline in the coming future, tech stocks would be struck “very badly” by the move. Mark Mobius on Bitcoin: It Can’t Fall! Today, the price of bitcoin is back up to $57,000 per unit. Thus, the currency is once again at the all-time high it attained in early February. However, the currency gave us a bit of a scare following that time considering it staggered and fell below the...
Read More »Luxury Hotel Brand Kessler Collection Allows Guests to Pay with Crypto
Luxury hotel group Kessler Collection has announced that it is allowing all its customers to pay for their hotel rooms with various cryptocurrencies such as bitcoin, bitcoin cash, Ethereum and Dogecoin. Kessler Collection Paves the Way for Crypto Payments Since the day that the first bitcoin was mined in early 2009, it was deemed that cryptocurrencies would one day replace fiat. That they would ultimately rise to the occasion as payment methods and outdo regular money...
Read More »Mobile Coin Gets Its Hands On a Lot of Money
Digital asset Mobile Coin is probably nowhere near as well-known or as popular as bitcoin, Ethereum, Litecoin or any other virtual currencies in the top ten. In fact, it could be argued that some have not even heard of the asset, and yet somehow, the company has managed to get its hands on nearly $12 million through two recent funding rounds. Mobile Coin Grows Following Two Funding Rounds Future Ventures and General Catalyst were tasked with hosting the rounds, which...
Read More »The Coinbase Filing Ain’t Great According to Some
One of the big stories in the crypto industry as of late is that Coinbase, one of the largest and most popular cryptocurrency exchanges in the United States, is going public. The trading platform confirmed its decision to file for a public offering late last year, and that offering could come to fruition as early as within the next few weeks. The Coinbase Filing Is Set to Occur Soon Everyone appears to be happy. Everyone seems to think that the move is going to place...
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