Tag Archives: News

Nexo – a regulated digital asset firm that manages more than $4 billion in assets – has launched its new Nexo Exchange application.Nexo Services Are Now Available Through Mobile DevicesNow, people can access the company’s many services through their Android or iOS phones and trade as many as 75 separate digital trading pairs between cryptocurrencies and fiat. The company guarantees the best prices on all trading pairs through its “smart routing” system to ensure customers always get the most...

Bitcoin cash price is currently struggling to clear the $450 resistance against the US Dollar.The price is trading nicely above the $420 level and the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $420 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to clear the $450 resistance as long as it is above $400 in the near term.Bitcoin cash price is slowly moving higher towards $450 against the US Dollar, while...

If you’re into cryptocurrency and you’re looking to save a little money along the way, then perhaps the Gemini Exchange is something you should be checking out right about now.Gemini Looks to Give Customers a Chance to Make Some MoneyThe popular cryptocurrency exchange based in New York and brought forth by Cameron and Tyler Winklevoss of “The Social Network” fame has established a new savings account program it’s simply calling “Earn.” The idea is that customers can hold their digital money...

Luno – a digital asset exchange based in Malaysia – has released a statement explaining that the institutional interest that drove bitcoin’s meteoric price spikes during 2020 is likely to last throughout this new year.Luno Says Institutional Love of BTC Will Last Through 2021During 2020, many large institutional firms – including MicroStrategy, MassMutual and Stone Ridge – invested hundreds of millions of dollars into the world’s largest digital currency by market cap. The idea was that...

Ukraine has announced plans to establish major data centers near some of its many nuclear power plants. These centers will ultimately be used to mine cryptocurrency and store important documents. The news suggests that bitcoin and cryptocurrency is growing more popular around the world as prices continue to experience further spikes.Ukraine Looks to Establish Itself as a Mining StateAs it stands, there are contrasting reports regarding how much electrical energy will be required for the...

Litecoin price started a fresh increase from the $125 support zone against the US Dollar.LTC price is now trading well above $140 pivot level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct lower, but it is likely to remain stable above $145 and $142.Litecoin price is showing positive signs above $145 against the US Dollar, similar...

One man in New York has become such a crypto fan that he’s looking to sell his businesses and retire with digital currency’s help. Patrick Hughes, 56 years old and living in New York, has two bars side by side within the state’s Hell’s Kitchen area. One is known as Hellcat Annie’s, while the other is called Scruffy Duffy’s. He’s selling both bars for about 25 BTC or 800 Ethereum units. That’s approximately $1.12 million at the time of writing.Patrick Hughes Is Selling His Bars for BTCLike...

Bitcoin has been booming as of late. Since last October, the world’s number one digital currency by market cap has been surging like no other asset on planet Earth. This has been both a good and a bad thing in the sense that it has allowed a lot of crypto holders to get rich and expand their portfolios.Bitcoin May Have Some Opposition from Hedge FundsHowever, it’s also had a negative side in that several hedge funds are now attempting to short the currency and bet against it. After all, when...

One of the biggest problems for crypto traders is the fact that some leading technical experts – such as Elon Musk – are seemingly unable to make up their minds about bitcoin. Is it good? Is it bad? They seem to be going back and forth all the time, which inevitably causes the currency to experience price fluctuations that can make life difficult for hardcore traders and buyers.Elon Musk: I’m a Bitcoin SupporterBut in recent days, the South African entrepreneur has been rather clear about...

Tron price is holding the key $0.0324 and $0.0310 support levels against the US Dollar.TRX price is now facing hurdles near $0.0350, but it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.0330 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0350 resistance zone in the near term.TRON price is showing signs of a fresh break above $0.0350 against the US Dollar, while...