Future Fintech Group Inc. – a developer of blockchain applications and a fintech services provider – has just finished building a new crypto mining center in the South American nation of Paraguay. Future Fintech Group Gives Way to Paraguay Crypto Mining Facility Xu Kai – the vice president of the...
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Anthony Scaramucci Claims SBF Is Guilty of “Betrayal” and “Fraud”
In a recent interview, bitcoin bull and former White House communications director under Donald Trump Anthony Scaramucci compared former FTX executive Sam Bankman-Fried to Bernie Madoff, the man who orchestrated an investor Ponzi scheme back in 2008 to grow his own wealth and lead a billion-dollar lifestyle. Anthony Scaramucci Says...
Cardano (ADA) Price Analysis: Downside Correction Could Be Limited
ADA price is correcting gains from the $0.415 zone against the US Dollar. The price is now trading below $0.40 and the 55 simple moving average (4-hours). There was a break below a key rising channel with support near $0.388 on the 4-hours chart (data feed via Bitfinex). The price...
Ethereum Price Analysis: Dips Remain Attractive Near $1,550
Ethereum price is correcting gains below the $1,650 level against the US Dollar. ETH price is now trading near $1,630 and the 55 simple moving average (4-hours). There is a key contacting triangle forming with support near $1,610 on the 4-hours chart (data feed from Coinbase). The pair could climb...
The Congo Has Established Its First BTC Mining Facility
The Congo in Africa has set up its first official bitcoin mining facility. The clincher? It runs entirely on clean energy and seeks to avoid the often atmosphere-polluting methods utilized by former and present enterprises. Mining in the Congo Has Become Possible The mining company has been set up in...
Bitcoin Is Doing Well, but What About Its Smaller Cousins?
Over the past few weeks, traders and analysts everywhere have been talking about how great bitcoin and Ethereum are doing. We’ve also published a few articles talking about the January price booms witnessed by BTC investors. Bitcoin Is in a Good Spot, but What About the Rest? Ending the 2022...
Call Centers Conducting Crypto Scams Shut Down in Europe
Several call centers throughout Europe that were being used to conduct crypto fraud and other illicit scams have been shut down by law enforcement agencies. Raids began in June of last year and have continued up until now. Call Centers Were Engaged in Crypto Fraud Police agencies throughout the regions...
Stellar Lumen (XLM) Price Faces Uphill Task Near $0.095
Stellar lumen price started a downside correction from the $0.095 resistance zone against the US Dollar. XLM price is now trading below $0.092 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0930 on the 4-hours chart (data feed via Kraken)....
Ripple Price Analysis: Key Support Intact Near $0.375
Ripple price is facing resistance near the $0.420 level against the US dollar. The price is now trading below $0.410 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.4110 on the 4-hours chart of the XRP/USD pair (data source from...
Promoter of Crypto Fraud Scheme Forced to Part with $17 Million
A federal judge in the region of San Diego, California has ordered the leader of a crypto fraud scheme to pay as much as $17 million in restitution fees to more than 800 traders and investors that allegedly fell victim to his methods. Fraud Promoter Will Also Spend Time in...