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Tag Archives: News

Alleged Crypto Miner Malachi Salcido Sued By Investors

A man in Washington named Malachi Salcido is being sued by multiple investors who claim he falsely touted himself as a crypto mining expert. Malachi Salcido Is Being Sought for Misuse of Funds Salcido allegedly owned a company called Step Change, which was built to mine and extract new digital coins. Investors plunked down as much as $8.5 million into the company, only to see it completely dissolve not long after. They are now out all that money and say they were lied to...

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Actor Terry Crews Gets Involved in Crypto, Mints His Own Coin

We’ve seen many instances where celebrities – whether they be actors, athletes, etc. – get involved in the cryptocurrency scene, from Kanye West to Floyd Mayweather and DJ Khaled. Now, it looks like actor, host and former NFL star Terry Crews is dipping his fingers into the crypto pot. The star of “The Expendables” and host of “America’s Got Talent” has announced he’s minting his own digital coin. Terry Crews Has Entered the Crypto Forum with $POWER The asset has come by...

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MicroStrategy Buys More BTC; Is the Company Overdoing It?

MicroStrategy – after months of buying bitcoin and crypto – has decided to continue this run of excessive digital asset spending and has just purchased an additional $15 million worth of the world’s number one digital currency by market cap. The company now owns nearly $5 billion in bitcoin and is arguably the most bitcoin-centered institution out there. MicroStrategy Has Bought Another $15 Million in BTC The news is certainly positive in the sense that we all know...

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Stellar Lumen (XLM) Price Eyes Fresh Increase Above $0.42

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...

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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...

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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...

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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...

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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...

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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...

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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...

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