Tag Archives: News

Well, well, well… It looks like after years of needless fear and concern, institutional players have a stronger presence in the crypto space than we originally thought.Institutional Players Need to Work Hard for Crypto to GrowIt has often been stated that institutional players are necessary if the cryptocurrency space is going to ever serve as a legitimate and mainstream financial marketplace. For crypto to ever rank amongst cash and credit cards, professional traders must have a hand in how...

Civic Technologies – a startup based in San Francisco – is developing a new blockchain application that will allow people to prove to their employees that they don’t have COVID-19.Civic Technologies Looks to Blockchain to Battle CoronavirusCOVID-19 – or the coronavirus, as its more commonly called – first came about in December of 2019. Developed allegedly in a Chinese lab, the virus spread like mad throughout several regions of the world including Europe, the United States and other parts of...

A former chairman of the Commodity Futures Trading Commission – Chris Giancarlo – has come to the defense of Ripple and claimed that it is not a security.Chris Giancarlo: Leave XRP AloneRipple has been at the center of a controversial class-action lawsuit for many months, now. Several early investors claim that the company has lied about the currency’s status as a non-security. One investor has even gone so far as to claim that Ripple is a never-ending initial coin offering (ICO).To be fair,...

Bitcoin cash price started a steady decline from the $260 resistance against the US Dollar.The price broke the $250 and $240 support levels to move into a bearish zone.There is a key bearish trend line forming with resistance near $236 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $225 support unless it surges above $240.Bitcoin cash price is showing signs of bearish continuation below the $225 support against the US...

Ever since the coronavirus took hold of the global economy, bitcoin appears to have increased its fanbase tenfold each month, and companies like River Financial Inc. are here to prove that.River Financial Is Making BTC More MainstreamRiver Financial Inc. is a startup based in San Francisco, CA. A bitcoin financial services firm, executives have emerged to say that the number of clients it services has doubled each month this year, meaning that more and more people are looking to get their...

It looks like Ripple (XRP) could be about to expand again.Ripple Heading to Brazil?The world’s third-largest cryptocurrency by market cap announced that it is now looking to expand into Brazil, which has become one of the largest digital asset havens over the past year and arguably one of the biggest regions for cryptocurrency in Latin America. The company’s head of global banking revealed in an interview during early June that executives are convinced that offering services to Brazil will...

The coronavirus pandemic brought a lot more than the fear of getting sick to the table. It also brought loads of cybercrime and fear surrounding the loss of cryptocurrency.The Coronavirus Led to CybercrimeCybercrime relating to cryptocurrency increased by about 75 percent during the peak of the COVID-19 scare. It appears that with more people working from home and not situated in a public office, there are less means of protecting exchanges and other trading platforms. Companies have fewer...

EOS price declined towards the $2.400 support level before recovering against the US Dollar.The price is trading above $2.500, but it is facing a major hurdle near $2.600.There is a key bearish trend line forming with resistance near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to clear the $2.600 and $2.620 resistance levels in the coming sessions.EOS price is holding the $2.400 support zone against the US Dollar, while bitcoin is rising....

Litecoin price started a major decline from well above the $48.00 level against the US Dollar.LTC price traded as low as $41.76 and it is currently correcting higher.There are two bearish trend lines forming with resistance near $44.50 and $45.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest if it recovers towards the $45.00 resistance.Litecoin price is holding the $42.00 support area and recovering against the US...

It looks like YouTube is at it again. The video-streaming site owned by Google has never had an easy time with cryptocurrency – what with its tendency to randomly delete channels or content – and it seems like another occurrence can be chalked up on the company’s blackboard.YouTube Takes Down Bitcoin.com ChannelBitcoin.com – the website owned by Roger Ver, initially dubbed the “Bitcoin Jesus” given his early investor status with the currency – saw its YouTube channel suspended for no apparent...