Tag Archives: News

Today, bitcoin is trading for roughly $11,700. This is slightly above where it was just 24 hours ago, but the big question that’s likely on the mind of virtually every crypto trader out there is, “When is $12K going to show up again?”Is Bitcoin Planning to Move Up Anytime Soon?Not too long ago, the world’s number one cryptocurrency by market cap rose all the way to $12,400 in what was easily the biggest spike the asset had seen in well over a year. However, the surge didn’t last long, which...

Crypto fraud, sadly, is running rampant throughout the digital space, and according to a new report, popular crypto exchange Binance – arguably the biggest cryptocurrency trading platform by daily volume – has seemingly been associated with a common form of ransomware known as Ryuk.Binance Is a Central Hub for Ryuk EnforcersRyuk has been around since 2018. Per data from the FBI, the ransomware may be responsible for a minimum of $61 million in theft since it first emerged roughly two years...

Not long ago, bitcoin entrepreneur and former child actor Brock Pierce announced that he was looking to take on the White House and potentially run for President of the United States. He now has a famous campaign manager in Akon, who recently announced his own plans for a bitcoin city in Africa.Brock Pierce and Akon Work Together to Take the White HouseThis year’s presidential election is turning into one of the strangest events in recent years. It seems like most celebrities are of the mind...

ADA price is in a bearish zone and it is trading below the $0.1300 pivot against the US Dollar.The price is currently struggling to recover above $0.1250 and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $0.1245 on the 4-hours chart (data feed via Kraken).The price could either rally above the $0.1250 resistance or it might dive below the $0.1200 support.Cardano price is struggling to clear $0.1250 against the US Dollar,...

Ethereum price started a fresh increase from the $380 support zone against the US Dollar.ETH price managed to recover above the $395 and $400 resistance levels.There was a break above a key connecting bearish trend line with resistance near $395 on the 4-hours chart (data feed from Coinbase).The pair is currently facing a strong resistance near $410 and the 55 simple moving average (4-hours).Ethereum price is slowly recovering higher from $380 against the US Dollar. However, ETH/USD must...

The Bitcoin.com wallet is joining hands with a lending platform known as Cred. Now, holders of both bitcoin and bitcoin cash can lend out their stashes and gain interest, some of which can be garnered through a wide variety of cryptocurrencies including stable coins.Bitcoin.com Is a Powerful Friend of CredThe crypto space is seeing a wide variety of new lending programs that allow people to lend out what they own to other individuals. From there, they can gain interest on the money granted...

According to a new op-ed by Chris Larsen – the co-founder and executive chair of Ripple – the United States is losing the tech war against China and other nations.Chris Larsen: China Holds a Strong PositionRipple is presently the fourth-largest cryptocurrency by market cap after bitcoin, Ethereum and Tether. According to Larsen, nations such as China are way ahead when it comes to cryptocurrencies and are potentially putting lots of money into ensuring miners have everything they need to stay...

It looks like China is playing by its own financial rules. According to a new report released by blockchain security firm Chainalysis, the country moved as much as $50 billion in cryptocurrency out of the country last year as a means of avoiding present sanctions.China Has Its Own AgendaAs it stands, residents of China are only allowed to purchase up to $50K in foreign currency. Previously, many wealthy members of the nation sought to get around this rule by investing in real estate and other...

Stellar lumen price is currently holding the $0.0980 and $0.1000 support levels against the US Dollar.XLM price is facing many hurdles near the 55 simple moving average (4-hours) and $0.1080.There is a key bearish trend line forming with resistance near $0.1024 on the 4-hours chart (data feed via Kraken).The pair could move into a bullish zone if it clears the $0.1050 and $0.1080 resistance levels.Stellar lumen price is holding a couple of key supports against the US Dollar, similar to...

Ripple price declined steadily, but it is holding the $0.2740 support zone against the US dollar.The price is currently attempting a decent recovery above the $0.2800 resistance zone.There was a break above a major bearish trend line with resistance near $0.2860 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is facing an uphill task near the $0.2950 resistance and the 55 simple moving average (4-hours).Ripple price is slowly moving higher above $0.2800 against...