Ethereum price started a downside correction after it failed to clear the $400 barrier against the US Dollar.ETH price is currently declining and it is trading below the $380 support level.There was a break below a major bullish trend line with support near $380 on the 4-hours chart (data feed from Coinbase).The pair is currently following a key declining channel and it is approaching the $365 support zone.Ethereum price is currently correcting lower from the $400 barrier against the US...
Read More »Three Teens Unveil Rari Capital, a New Decentralized Finance and Crypto Platform
Getting a business off the ground is hard work, but for three crypto-loving teenagers, that dream has become a reality. Jai Bhavnani, Jack Lipstone and David Lucid are between the ages of 18 and 19, but they’re already in charge of a new crypto startup called Rari Capital.Rari Capital Has Grown Into Something Much BiggerThe company is both a traditional manager of portfolios and assets and a provider of long-term investing strategies. All three of the company’s founders have been actively...
Read More »Goldman Sachs Is Looking to Build Its Own Cryptocurrency
Goldman Sachs appears to be changing its tune yet again on bitcoin and is delving deeper into the crypto space.Goldman Sachs Is Changing Its Stance on BTCThe company announced that it is appointing a new head of crypto and says that it will look into potentially building its own virtual token as a means of competing with the world’s number one digital currency by market cap. These are big words coming from a business that just three months ago, hosted an entire seminar about why bitcoin...
Read More »Chainlink Has Reached a New All-Time High
Bitcoin has been soaring as of late, but not so much that it’s been knocking its altcoin cousins to the side. Several smaller coins, including Chainlink (LINK), are doing quite well at the time of writing. LINK has recently hit a new all-time high.Chainlink Is Bigger Than EverOver the last four weeks, the price of LINK has grown by more than 120 percent. Each LINK unit is now trading for roughly $13 each, and things are getting bigger by the minute. The currency has risen by more than 500...
Read More »Reginald Middleton Is Latest SIM-Swap Victim; Loses Millions in Crypto
For people out there that don’t believe in karma, perhaps the following story will change their minds. Reginald Middleton – a man who was charged with crypto fraud by the Securities and Exchange Commission (SEC) in 2019 and forced to pay a $1 million fine – had his phone hacked and much of his crypto stash stolen by cyberthieves.Reginald Middleton Is the Latest SIM-Swapping VictimMiddleton was accused of stealing millions of dollars from investors after they pledged money to his company...
Read More »Rally Builds New Platform Allowing Content Creators to Design Their Own Digital Coins
Gaming startup Rally is developing a new kind of crypto platform dubbed “Creator Coin.” The system is designed to assist influencers, streamers, content creators and anybody else putting their skills, charisma and expertise to good use online.Rally Is Making It Easy for Streamers to Garner CashThe platform allows influencers to develop their own digital tokens. From there, they can reward their fans with units of the token for viewing or reading their content, leaving constructive feedback or...
Read More »Millennials and Institutions are Pushing the Bitcoin Space Forward
Bitcoin and cryptocurrency continue to make serious headway, and according to one source, the reason for this is purely because people have become more intrigued by what crypto can do.Bitcoin Is the Choice of Young Traders EverywhereThe interest is primarily driven by millennials and institutional players. Millennials have long been a strong audience for crypto for several reasons. For one thing, many members of younger generations grew up during financially unstable times such as the Great...
Read More »Ripple Price Analysis: Rally Could Resume If It Clears $0.30
Ripple price started a downside correction from the $0.3250 resistance zone against the US dollar.The price corrected lower, but it is holding the main $0.2800 support zone.There is a key declining channel forming with resistance near $0.2990 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 $0.3000 and $0.3020 resistance levels.Ripple price is trading in a positive zone above $0.2800 against the US Dollar. XRP...
Read More »The Happy Story of How One Man Got His $300K in Bitcoin Back
Bitcoin has a lot going for it, which is why there are many traders out there that would likely feel the hurt if they ever lost their coins or couldn’t gain access to them. For one person, that pain has become a thing of the past thanks to the help of a rather savvy computer expert.Bitcoin Can Be Lost for GoodWhile roughly 18 million of 21 million bitcoin units have been mined over the past 12 years, it is estimated that there are far less in circulation given how many units have been lost or...
Read More »Bitcoin IRA Recently Offered a New Gold and Crypto Seminar
August 6 saw Los Angeles-based Bitcoin IRA offering a seminar that showed viewers how they could uncover the price patterns of both bitcoin and gold.Bitcoin IRA Brings Gold and BTC TogetherThis is likely the stuff of intrigue for many crypto advocates throughout the world right about now considering both bitcoin and gold appear to be shifting into bullish territory at the same time. One could almost make the argument that the two are more correlated now than bitcoin and the stock...
Read More »