Tag Archives: News

India is looking to potentially set up cryptocurrency-based banks within its borders. This creates a rather interesting scenario in that the country cannot seem to decide if it wants to ban crypto transactions for the future, though until that decision is made, it’s going to cash in on everything crypto has to offer.Will India Have a Ban or Won’t It?Recently, the ban that was in place in India – one that prevented banks from working with crypto-based businesses and applications – was deemed...

2020 has been a major year for fraudulent activity involving cryptocurrency, and now comes a new case to be added to the record books. As Seminole County Tax Collector, Joel Greenberg is accused of misusing taxpayer funds to purchase crypto servers and a whole lot of other items for himself.Greenberg Is Now Facing the MusicWe see this all the time with projects such as initial coin offerings (ICOs) and similar ventures. The people in charge decide that they’re going to charge a certain amount...

Tron price started a downside correction after trading as high as $0.0267 against the US Dollar.TRX price is currently just above $0.0250 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance at $0.0252 on the 4-hours chart (data feed via Bitfinex).The pair is likely to start a strong increase if there is a clear break above $0.0252 and $0.0255.TRON price is currently consolidating above a key support against the US Dollar, similar to bitcoin...

Bitcoin price started a strong increase above the $14,000 and $15,000 resistance levels against the US Dollar.The price is now trading well above the $15,000 support and the 55 SMA (H4).There is a key bullish trend line forming with support near $15,050 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could correct a few points, but there are high chances of more upsides towards $16K.Bitcoin price is showing bullish signs above the $15,000 zone against the US...

Hong Kong says that it is looking to regulate all crypto activity from here on out. This is a massive distancing of itself when compared with the activity occurring in mainland China, which has largely sought to ban crypto activity outright.Hong Kong Is Changing Its Attitude Towards CryptoHowever, Hong Kong is looking to be a separate entity given the amount of protests regarding Chinese government interference that has taken place over the last two years. Thus, it makes sense that whatever...

Square – a company owned and operated by Twitter mogul Jack Dorsey – says that approximately 80 percent of its quarter three Cash App revenue came from bitcoin and related crypto transactions.Square Is Making A Huge Mark on Crypto Enthusiasts EverywhereSquare has been making a serious mark in the crypto world as of late given that it recently bought as much as $50 million worth of the digital currency, continuing a trend that was originally started by the likes of enterprises like...

As we all know by now, PayPal has announced that it’s planning to allow users to buy digital currencies through it’s platform. In addition, people can pay for goods and services with digital currencies. However, it appears the platform is also really looking to expand its overall crypto presence.PayPal Says Venmo Is ComingThis has been established in the fact that it has acquired a conditional Bit License and that it’s looking to potentially purchase Bit Go and other crypto custodial firms,...

ADA price is holding the ground above the $0.1000 and $0.0980 support levels against the US Dollar.The price is now facing hurdles $0.1080, but it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1030 on the 4-hours chart (data feed via Kraken).The price is likely to start a strong upward move if it clears the $0.1080 and $0.1100 resistance levels.Cardano price is showing positive signs above $0.0980 against the US Dollar,...

Ethereum price traded towards the $470 level before correcting lower against the US Dollar.ETH price is currently trading well above $400 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $452 on the 4-hours chart (data feed from Coinbase).The pair could either restart its rally above the $455 level or it might revisit the $400 support zone.Ethereum price is trading in a positive zone above $420 against the US Dollar. ETH/USD could...

Bitcoin is in the middle of one of its largest bull rallies ever, and according to analysts like Bill Miller, not only is the rally not yet done, but as long as bitcoin continues to gain ground in the financial world, it should become a mainstream asset in no time.Bill Miller Is Impressed with BitcoinBill Miller is the founder of Miller Value Partners. He recently stated that bitcoin has been the top-performing asset over the last ten years and is astonished that the currency has risen more...