Tag Archives: News

ADA price is trading in a positive zone above the $0.1320 support against the US Dollar.The price is currently struggling near $0.1450, but it is well above the 55 simple moving average (4-hours).There is a key rising channel forming with support near $0.1380 on the 4-hours chart (data feed via Kraken).The price is likely to accelerate higher if there is a clear break above the $0.1450 resistance zone.Cardano price is slowly gaining pace above the $0.1400 level against the US Dollar, similar...

Ethereum price remained in a positive zone and climbed towards $450 against the US Dollar.ETH price is currently consolidating gains above the $412 and $410 support levels.There is a crucial bullish trend line forming with support near $402 on the 4-hours chart (data feed from Coinbase).The pair is likely to climb further above the $450 resistance as long as it is above $400.Ethereum price is currently following a nice uptrend above $400 against the US Dollar. ETH/USD might start another...

Crypto crime is relatively common within the space, and the latest instigator – a 35-year-old woman in the United Kingdom who remains unnamed at the time of writing – has been caught with roughly 115,000 pounds of illegally garnered bitcoin in her possession.Bitcoin Is at the Center of a Lot of CrimeThe news comes by way of the Met’s Proactive Money Laundering Team. Detectives first opened an investigation into the woman’s financial dealings after she applied for several “bounce back loans,”...

It looks like crypto scams are far more prominent than we originally thought, according to a new research paper.Crypto Scams Are Pretty CommonAnalysts at the University of Technology in Sydney and the Stockholm School of Economics have announced that crypto scams are taking place everywhere and all the time. We just need to know where to look. Ultimately, these scams are accumulating millions of dollars in dirty money virtually every month, and not enough is being done to keep people safe.The...

Mike Novogratz has always been a huge bitcoin fan, but while he remains confident in the cryptocurrency, he is telling people not to go crazy.Mike Novogratz: Bitcoin Is a Safe BetAt press time, bitcoin is trading for well above $11,800. The currency has been on a roll these past few weeks and has surged by more than $2,000 from where it was in late July. However, the asset is still failing to reach $12K despite many separate attempts, and the resistance level at $12K is still proving too much...

Stellar lumen price is currently trading in a positive zone above $0.1100 against the US Dollar.XLM price traded as high as $0.1160 and it is well above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1080 on the 4-hours chart (data feed via Kraken).The pair could continue to rise above $0.1180 as long as it is above the $0.1000 support zone.Stellar lumen price is currently gaining pace above $0.1100 against the US Dollar, similar to...

Ripple price is trading nicely above the $0.2900 support zone against the US dollar.The price is currently consolidating below the $0.3080 and $0.3100 resistance levels.There was a break above a major declining channel with resistance near $0.2965 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is likely to resume its upward move once it clears the $0.3080 and $0.3100 resistance levels.Ripple price is trading in a positive zone above $0.2900 against the US Dollar....

The Boston, Massachusetts Federal Reserve has announced plans to potentially unveil a digital dollar in the coming years.The Boston Fed Is Working on a Digital Currency of Its OwnAs it stands, the plans won’t come about for a while, as the organization is basically toying with the idea for now, though it ultimately believes that the world will have to resort to digital currency in the coming future, and the Fed is looking to get a head start. The organization is working with researchers at...

Coinbase – one of the most popular cryptocurrency exchanges in the United States, as well as the world – has announced it will soon begin offering bitcoin and crypto-backed loans for customers to utilize.Coinbase Is Offering Bitcoin-Backed LoansCustomers can take out fiat loans against roughly 30 percent of the bitcoin they already have. While the loans themselves won’t necessarily be in bitcoin, they’ll certainly be backed by the digital asset. Coinbase is now one of the largest exchanges...

The Winklevoss Twins are back in the news. This time, they’re explaining bitcoin and the concept of cryptocurrency to online day trader Dave Portnoy, who founded Barstool Sports and “literally has no idea what bitcoin is.”The Winklevoss Twins Know What to SayThese are the words he said to his cameraman prior to an interview with the Twins. He later asked the man behind the machine, “Do you?” to see if anybody else shared his lack of knowledge on the world’s number one digital currency by...