Stellar lumen price is trading nicely above the $0.3500 and $0.3600 support levels against the US Dollar.XLM price is holding gains above the $0.3600 support and the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.3590 on the 4-hours chart (data feed via Kraken).The pair could start a strong upward move as long as there is no downside break below $0.3590.Stellar lumen price is showing positive signs above $0.30000 against the US Dollar, similar to...
Read More »Ripple Price Analysis: Fresh Increase Likely Above $0.44
Ripple price remained stable above the $0.3500 and $0.3650 support levels against the US dollar.The price is now trading near the $0.4300 zone and the 55 simple moving average (4-hours).There is a key declining channel forming with resistance near $0.4300 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a steady increase if it clears the $0.4300 and $0.4400 resistance levels.Ripple price is trading in a positive zone above $0.3500 against the US Dollar....
Read More »Discord Users, Watch Out! Hackers Wants Your Crypto and Your Personal Data
As those of us in the crypto space realize, the world of bitcoin and digital assets has a nasty habit of attracting bad actors and financial crime. The latest scheme involves messaging service Discord and ads promoting free cryptocurrency for users.Discord Users Need to Be On the LookoutAs the old saying goes, “Nothing in life is free,” and many Discord users are learning this lesson right about now. Researchers with Kaspersky Labs have issued a warning to customers of the messaging firm,...
Read More »Sebastian Siemiatkowski: We Need to Stop Pushing BTC So Heavily
Bitcoin has been growing heavily as of late. The currency is trading for nearly $38,000 at press time, and many investment firms are allowing their customers to begin investing in it granted they have no experience or are curious about its hedge properties. Bitcoin is now being viewed as a store of value, or rather a tool that can keep one’s wealth steady during times of economic strife, but according to Sebastian Siemiatkowski – the chief executive officer of Klarna AB – nobody should be...
Read More »Elon Musk Returns to Promoting Dogecoin, Removes #Bitcoin from Twitter Bio
Elon Musk is back at it again. This time around, he’s back to his old habits of pushing Dogecoin, calling it “the people’s coin” in a recent tweet and pledging enough support for the asset that it has risen by about 75 percent in the last 24 hours alone.Elon Musk Calls Dogecoin the “People’s Coin”Musk is one of the most confusing figures in the cryptocurrency arena. As the CEO of both Tesla and SpaceX, no doubt the South African entrepreneur has a good handle on technology, but he seems to go...
Read More »Francis Suarez, Mayor of Miami, Has Some Big Plans Regarding BTC
The mayor of Miami Francis Suarez is fascinated by bitcoin and says he’s working hard to bring the world’s number one digital currency to the city in droves.Suarez Sees Miami as a BTC HubRight now, he’s looking to do this by attracting new financial and tech startups to the region. He wants to combine the best elements of New York City and Silicon Valley and establish South Florida as the USA’s next big tech hub. In addition, he’s got a few other ideas that he’s playing with right now that...
Read More »Bitcoin Appears Strong, but Many Smaller Altcoins Appear Stronger
Once again, it appears the news has been working hard to ensure bitcoin is covered in all its crypto-related headlines while turning its back on all the smaller, competing altcoins that have seemingly been doing better at press time.Bitcoin Is Outshining Many Stronger CoinsNo doubt that bitcoin appears to be getting back on track as of late. After a heavy drop that saw the currency lose roughly $10,000 off the $42,000 high it attained in early January, the currency is back on track to hitting...
Read More »CIS Will Allow Customers to Pay Their Debts with BTC
Corporate Intelligence Services (CIS) – a firm that collects debts and investigates cryptocurrency-related activity – has issued its own bitcoin wallet to allow customers to pay their debts with digital assets.CIS Says You Can Pay What You Owe with CryptoAs it stands, bitcoin and cryptocurrencies cannot be used much to pay for items due to their ongoing volatility. Many stores, retailers and similar establishments do not accept these assets as methods of payment given that they are rather...
Read More »Visa Customers Can Soon Purchase Digital Currencies
Visa – one of the largest credit card companies in the world – has announced plans to roll out cryptocurrency-buying services soon.Visa Is Working to Make Crypto the Future of MoneyOver the years, the credit card firm has become one of bitcoin’s biggest supporters despite not thinking much of digital assets for a time. Since then, however, it has forged relationships with approximately 35 separate bitcoin and cryptocurrency-related firms and hopes to make it so that digital currency can take...
Read More »India Is Now Looking Into Creating a Centralized Cryptocurrency
The finance minister of India Nirmala Sitharaman is putting a lot of people’s fears to rest given that her recent budget speech left out cryptocurrencies completely. While this may seem like the wrong move to make, it has seemingly calmed many viewers given that India has long been debating whether it should potentially instill a full ban on all crypto-related activity.India Is Moving in Another Direction with CryptoIndia first instilled a ban on all business partnerships between crypto firms...
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