Tag Archives: News

Paxos Trust – the official cryptocurrency partner of PayPal – has garnered more than $140 million in fresh funding through a Series C funding round.Paxos Trust Is Getting Its Hands on a Lot of MoneyThe round was led by a company known as Declaration Partners, an investment enterprise backed by billionaire and philanthropist David M. Rubenstein. Other companies to take part in the funding round include Mithril Capital, RIT Capital Partners, RRE Ventures and Liberty City Ventures.CEO of Paxos...

Bitcoin’s latest supporter Ray Dalio is dealing with a harsh family tragedy at the time of writing. He took to social media recently to report that his son, Devon Dalio, had been killed in a car crash.Ray Dalio Reports the Death of His SonThe 71-year-old billionaire hedge fund manager explained on Twitter:It is with great pan that I am sharing with you that my 42-year-old son was killed in a car crash yesterday. My family and I are mourning and processing and would prefer to be incommunicado...

EOS started a strong decline from well above the $2.800 support zone against the US Dollar.The price is currently correcting higher from $2.000, but it is well below the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support at $3.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to move lower as long as it is below the $2.650 resistance level.EOS price started a fresh decline below $2.800 and $2.650...

Litecoin price started a steady decline from the $125 resistance zone against the US Dollar.LTC price even declined below the $100.00 level and spiked below the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $108.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to find a strong buying interest near the $92.40 and $90.00 levels.Litecoin price is slowly moving lower from well above $110.00 against the US...

Bitcoin just keeps surging and surging, and with no end in sight, many analysts have become major fans over the last few weeks and months. Some are even claiming that the asset is going to reach new highs that many people never though possible. One of these individuals is Garrick Hileman, the head of research at Blockchain.com.Garrick Hileman Is Convinced of Bitcoin’s ProwessAt the time of writing, bitcoin’s market cap is at around $440 billion, though Hileman is convinced that a $1 trillion...

Bitcoin, at the time of writing, is trading for just shy of $24,000 per unit. The world’s most popular and most powerful digital currency is making its way up the financial ladder like it never has before, but despite the mega surges the cryptocurrency has encountered, they are nothing compared with the monster jumps being experienced by some of the world’s smaller, yet leading altcoins, some of which include Ethereum, Stellar, Ripple’s XRP and Litecoin.Altcoins Are Taking the StageRight now,...

The Treasury Department is looking to apply the same rules to cryptocurrency that they do to standard fiat transactions.Treasury Department Seeks to Limit Non-Hosted Wallet ActivityThe idea is to gather more information regarding the identities of those who engage in large crypto transfers and thereby potentially identify criminals and lawbreakers. Specifically, the Treasury Department is looking to potentially uncover the identities of those who may possess wallets that are not hosted by...

Tron price is approaching the main $0.0275 support zone against the US Dollar.TRX price is now trading with below the 55 simple moving average (4-hours), with a bearish angle.There was a break below a major bullish trend line with support near $0.0305 on the 4-hours chart (data feed via Bitfinex).The pair could start a fresh increase as long as the price is above the $0.0275 support.TRON price is moving lower and approaching the key $0.0275 support against the US Dollar, while bitcoin is well...

Bitcoin price started a fresh upward move from the $22,300 support zone against the US Dollar.The price is now trading well above $23,000 and the 55 simple moving average (4-hours).There is a key rising channel forming with support near $22,800 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher if it clears the $24,000 and $24,200 resistance levels.Bitcoin price is currently showing bullish signs above $23,000 against the US Dollar. BTC...

Everyone sure keeps talking about bitcoin as of late. The currency has reached a new all-time high of roughly $23,000 per unit, and while the asset is doing extremely well, we cannot forget about the smaller altcoins that share the crypto limelight with bitcoin. We’re talking, of course, about currencies such as Ripple’s XRP and Ethereum.Bitcoin Is Doing Well, but So Is Everything ElseEthereum is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the...