Tag Archives: News

Rapper T.I. is being hit with felony charges from the Securities and Exchange Commission (SEC). He has been ordered to pay a penalty fee of $75,000 for his role in a scam-laden initial coin offering (ICO).The SEC Goes After T.I.The SEC has made it clear over the past few years that it’s not going to play around. If you try to cheat investors, if you fail to register as a security, if you step out of line in any way, the agency will come after you and it will penalize you. It seems that the...

As of late, cash is no longer the best way to pay for luxury items… or any items for that matter. It appears fiat currencies from all around the world, including the U.S. dollar, are suffering and being victimized by inflation and other harsh economic circumstances thanks to the coronavirus pandemic. That’s why sellers are telling all their potential buyers that bitcoin and cryptocurrency are okay to use, and the latest item up for sale with crypto is a $40 million private plane.This Private...

Stellar lumen price started a steady recovery wave from the $0.0722 low against the US Dollar.XLM price tested the $0.0850 resistance zone and it is now testing the 55 simple moving average (4-hours).There is a major ascending channel forming with support near $0.0790 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below the 55 SMA or it might rise further above the $0.0850 hurdle.Stellar lumen price is struggling to gain pace against the US Dollar, similar to...

Ripple price is still consolidating above the $0.2300 and $0.2350 support levels against the US dollar.The price is trading well below the $0.2550 resistance, but it is above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.2395 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to continue higher above $0.2500 as long as there is no close below $0.2300.Ripple price is trading in a range above the $0.2300...

Sometimes the best way to ensure your enemies can’t take advantage of you is to keep all your vulnerabilities and issues as secret as possible, and for one team of bitcoin researchers, doing so has ensured the world’s number one cryptocurrency by market cap has stayed safe over the past two years.Bitcoin Had a Major Issue That Was Kept QuietIn 2018, Bitcoin Core was discovered to have a serious vulnerability. It wasn’t long before the issue was fixed up, but the entire operation was kept very...

It seems like protests are happening all over the world as of late including in the country of Belarus. The nation has been suffering from political unrest ever since its recent presidential election, and some are turning to bitcoin to ensure they have what they need as they continue the protest agenda.Belarus Is the Center of Protests… And Bitcoin LoveThings began on a relatively small scale. The protests began on August 8, when a city hall employee named Maria in Pinsk went to a polling...

Here’s an interesting notion. On paper, bitcoin and crypto miners have appeared to be suffering as of late. The industry has fallen into a pit of blackness following the spread of the coronavirus pandemic as it is not considered a “necessary” field the same way restaurants and grocery chains are.Bitcoin Miners Earned a Lot of Money Last MonthAnd yet in August, according to a new report, bitcoin and cryptocurrency miners have allegedly made well over $300 million. Despite the pandemic, despite...

Square Inc. – a company led by CEO Jack Dorsey of Twitter fame – has announced a new initiative that will allow cryptocurrency and blockchain companies to form and remain innovative without all the hassles and problems associated with patents.Square Thinks Patents Are Major BurdensAs it stands, patents really get in the way of establishing a company. One startup may form an idea only to find that a patent has been filed on something similar. The competing entity has no desire nor any ambition...

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is trading for just over $10,200, which means that it’s fallen a little further in the past 24 hours. Still, despite the bearish phase the cryptocurrency appears to be experiencing, many people seem to be remaining loyal to the asset, among them Jack Dorsey of both Square and Twitter fame.Jack Dorsey: Bitcoin Is the Most Viable CurrencyAs the CEO of two major companies, Dorsey has long been a top advocate...

It looks like another congressman has caught the bitcoin bug. Darren Soto – a democratic representative of the state of Florida – has announced that his reelection campaign this year will accept cryptocurrency donations and payments.Darren Soto Has His Eye on BlockchainSoto seems to believe that blockchain has what it takes to lead the U.S. into a new digital age. He’s also confident that the technology offers more benefits than many analysts seem to give it credit for. In a recent interview,...