Ethereum is showing positive signs above $2,500 against the US Dollar. ETH price is likely to accelerate higher above $2,650 and it could revisit $2,800. Ethereum started a steady increase above the $2,500 resistance and $2,550. The price is now trading well above $2,500 and the 100 hourly simple moving average. There was a break above a major bearish trend […]

New York-based non-profit, Charity: water, has received more than $1 million in BTC donations to its Bitcoin Water Trust within three weeks of the trust’s launch. The Bitcoin Water Trust was announced during the 2021 Bitcoin conference in Miami. The initiative attracted attention for its “HODL MODL” treasury management strategy — with the non-profit accepting donations in Bitcoin that it […]

Bitcoin price is showing positive signs above the $40,000 level against the US Dollar. BTC is likely to continue higher above $41,000 and $41,500 in the near term. Bitcoin started a fresh increase above the $38,500 and $40,000 resistance levels. The price is currently well above $38,500 and the 100 hourly simple moving average. There is a key contracting triangle […]

The Governor of the Bank of Ghana (BOG), Dr. Ernest Addison, has disclosed that the apex bank has made progress in issuing the country’s first central bank digital currency (CBDC). Addison confirmed during a press conference that the project is now “in the advanced stages,” noting there is a need to approach the project in phases. The central bank governor […]

Bitcoin remittances to El Salvador jumped more than fourfold in May from the previous year, according to data from blockchain analytics firm Chainalysis. Last week, El Salvador passed a bill making bitcoin legal tender in the country alongside the U.S. dollar. The monthly bitcoin transfers of under $1,000 to El Salvador totaled $1.7 million in May, representing more than a […]

The same day business intelligence firm MicroStrategy announced it would use $488 million from the proceeds of a private offering sale to buy Bitcoin, the company said it may also sell up to $1 billion of its stock for the same reason. In a Monday S-3 filing for the U.S. Securities and Exchange Commission, MicroStrategy said it would be launching […]

Ken Moelis is an investment banker who knows a thing or two about finance. In a recent interview, he likened the bitcoin craze to the California Gold Rush of 1848, and says he is also looking for a few crypto business opportunities himself. Ken Moelis: The Gold Rush Is Back, Only Now People Are Seeking BTC Moelis is the founder […]

While no one can deny the massive influence of Bitcoin on the cryptocurrency and blockchain worlds, and no one can possibly refute the utility of the Ethereum blockchain, there are many other smaller players who are changing the landscape at breakneck speeds. One of these players that have emerged as a key competitor to becoming the top dog of smart […]

The US Securities and Exchange Commission (SEC) has named on Monday Renee Jones and John Coates as Director of the Division of Corporation Finance and SEC’s General Counsel, respectively. According to the press release, both appointments will be effective starting June 21, 2021. Coates has been serving as the Division’s Acting Director since February 2021. Prior to his career at […]