Tag Archives: News

Ever since the coronavirus took hold of the global economy, bitcoin appears to have increased its fanbase tenfold each month, and companies like River Financial Inc. are here to prove that.River Financial Is Making BTC More MainstreamRiver Financial Inc. is a startup based in San Francisco, CA. A bitcoin financial services firm, executives have emerged to say that the number of clients it services has doubled each month this year, meaning that more and more people are looking to get their...

It looks like Ripple (XRP) could be about to expand again.Ripple Heading to Brazil?The world’s third-largest cryptocurrency by market cap announced that it is now looking to expand into Brazil, which has become one of the largest digital asset havens over the past year and arguably one of the biggest regions for cryptocurrency in Latin America. The company’s head of global banking revealed in an interview during early June that executives are convinced that offering services to Brazil will...

The coronavirus pandemic brought a lot more than the fear of getting sick to the table. It also brought loads of cybercrime and fear surrounding the loss of cryptocurrency.The Coronavirus Led to CybercrimeCybercrime relating to cryptocurrency increased by about 75 percent during the peak of the COVID-19 scare. It appears that with more people working from home and not situated in a public office, there are less means of protecting exchanges and other trading platforms. Companies have fewer...

EOS price declined towards the $2.400 support level before recovering against the US Dollar.The price is trading above $2.500, but it is facing a major hurdle near $2.600.There is a key bearish trend line forming with resistance near $2.620 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could struggle to clear the $2.600 and $2.620 resistance levels in the coming sessions.EOS price is holding the $2.400 support zone against the US Dollar, while bitcoin is rising....

Litecoin price started a major decline from well above the $48.00 level against the US Dollar.LTC price traded as low as $41.76 and it is currently correcting higher.There are two bearish trend lines forming with resistance near $44.50 and $45.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to face a strong selling interest if it recovers towards the $45.00 resistance.Litecoin price is holding the $42.00 support area and recovering against the US...

It looks like YouTube is at it again. The video-streaming site owned by Google has never had an easy time with cryptocurrency – what with its tendency to randomly delete channels or content – and it seems like another occurrence can be chalked up on the company’s blackboard.YouTube Takes Down Bitcoin.com ChannelBitcoin.com – the website owned by Roger Ver, initially dubbed the “Bitcoin Jesus” given his early investor status with the currency – saw its YouTube channel suspended for no apparent...

Canaan Creative has some monster-sized decisions to make if it wants to stay in business and compete with the likes of Bitmain and other mega mining ventures.Canaan Creative Isn’t Where It Needs to BeCanaan Creative is arguably the second-largest crypto mining firm in China after Bitmain, and yet the company isn’t doing so hot since the halving. Stock shares in the company have fallen well below the two-dollar mark, suggesting that people just aren’t interested in the company’s equipment – or...

Bitcoin has been up and down these last few days, but many major investors are not worried, and several of them believe that the currency is on its way to new heights.Bitcoin Is Showing Signs of RecoveryAt the time of writing, the world’s number one digital currency by market cap has shot up to $9,500 again – a solid rise from yesterday’s 9,000 (a new low accomplished during the early morning). By yesterday’s mid-afternoon, the digital asset saw itself trading at roughly $9,400 again, meaning...

ADA price started a steady decline from the $0.0900 resistance zone against the US Dollar.The price tested the $0.0700 support area and it is currently correcting higher.There is a major bearish trend line forming with resistance near $0.0800 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0800 resistance and the 55 simple moving average (4-hours) for a fresh increase.Cardano price is facing a couple of key hurdles against the US Dollar and bitcoin. ADA price might...

Bitcoin price declined sharply below the $9,330 and $9,060 support levels against the US Dollar.It traded as low as $8,897 and it is currently correcting higher above $9,330.There is a major bearish trend line forming with resistance near $9,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair could either rally above the $9,600 resistance or start a fresh decline below $9,330.Bitcoin price is currently recovering higher above $9,330 and $9,450 against the US...