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Tag Archives: News

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...

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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...

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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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Nexo Customers Can Now Access the Company’s Services Through Their Phones

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...

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Bitcoin Cash Analysis: Bulls Eyeing Upside Break Above $450

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...

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Gemini Exchange to Offer New Savings Account Program for Crypto Lenders

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...

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Luno Report Suggests Institutional Interest in BTC Will Last Throughout the Year

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...

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Ukraine Will Build New BTC Mining Firms Near Nuclear Power Centers

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...

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Litecoin (LTC) Price Analysis: Dips Likely To Remain Limited Below $140

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...

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Patrick Hughes, NYC Bar Owner, Looks to Retire with Bitcoin’s Help

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...

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