The relationship between Venezuela and crypto has always been a bit wonky, and this month is no exception. The arrest of the nation’s superintendent of crypto assets Joselit Ramirez has caused a huge uproar in the nation, and President Nicolas Maduro has ordered the region to completely upend its digital...
Blog
Banks in Germany Will Now Sell and Buy BTC
A new platform known as DWP Bank in Europe has been unveiled. Its purpose? To give roughly 1,200 banks in Germany access to bitcoin and digital currencies. Germany and Crypto Will Soon Go Hand in Hand The banking crisis that’s affecting America at the time of writing is not just...
Tron (TRX) Price Analysis: Bullish Break Signals More Gains
Tron price started a fresh increase from the $0.0670 level against the US Dollar. TRX price is now trading above $0.0680 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $0.0685 on the 4-hours chart (data feed via Kraken). The...
Bitcoin Price Analysis: BTC Could Extend Losses Below $27,000
Bitcoin price started a fresh decline from the $30,000 zone against the US Dollar. The price is now trading below $29,500 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $29,200 on the 4-hour chart of the BTC/USD pair (data...
Could BTC Revamp the Financial Industry in Africa?
The banking sector of Africa is worth $86 million at the time of writing, and bitcoin and other cryptocurrencies are expected to disrupt the industry like no other technologies can. Africa Could Be Completely Changed Thanks to Bitcoin Mike Brock – CEO of TBD at Block, a financial company run...
Skull of Satoshi’s Benjamin Wong Apologizes for “Anti-Bitcoin” Project
Benjamin Von Wong – a Canadian artist responsible for creating the “Skull of Satoshi” installation back in mid-March – has apologized for his work, claiming in a recent interview that it was “never meant to be anti-bitcoin,” and he is not pleased people took it in such a way. Benjamin...
Nvidia Is Clearly Not a Cryptocurrency Fan
Despite a relatively broad history with cryptocurrencies and digital assets, graphics card manufacturer Nvidia has come out to say that crypto has no purpose in society. Nvidia Doesn’t Think Crypto Has Much to It In a recent interview, the company’s chief technology officer Micheal Kagan commented that the graphics cards...
CoinW Enters “Fast Lane” with Consensus 2023 Partnership
As the highly anticipated Consensus 2023 conference, hosted by CoinDesk, got underway on April 26th, CoinW made its presence known as a deep partner of the event. Attendees couldn’t help but notice CoinW’s brand elements prominently displayed throughout the conference, from the sign-in area’s background wall to the escalator and...
Cardano (ADA) Price Analysis: Upsides Capped Near $0.40
ADA price is showing bearish signs below the $0.412 support zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4 hours). There is a major bearish trend line forming with resistance near $0.3980 on the 4-hour chart (data feed via Coinbase)....
Ethereum Price Analysis: ETH Faces Increase In Bearish Pressure
Ethereum price is gaining bearish momentum below the $1,900 resistance against the US Dollar. ETH price is now trading below $1,920 and the 55 simple moving average (4 hours). There is a key bearish trend line forming with resistance near $1,910 on the 4-hour chart (data feed from Coinbase). The...