Exxon Is Using Excess Natural Gas to Mine Bitcoin
Honduras Will Not Adopt Bitcoin as Legal Tender
admin2022-03-24T21:52:12+00:00
Key Takeaways
Honduras’ Central Bank has stated that there is no plan to adopt Bitcoin or any other cryptocurrency as legal tender within the nation. Instead, it expressed greater interest in a central bank digital currency. Rumors had circulated that Honduras might follow in El Salvador's footsteps, but these appear to have been unfounded.Share this article
Rumors that Honduras would soon adopt Bitcoin as legal tender have been laid to rest by the nation’s central bank.Central Bank’s Remarks
As it happens, Honduras will...
Litecoin: Why this level is critical to regain a bullish edge
admin2022-03-24T21:30:12+00:00Litecoin’s (LTC) previous rally saw notable gains that halted near the 61.8% Fibonacci resistance. Since then, LTC has witnessed a strong reversal for over four months now. From here on, If the current candlestick closes below or near to the previous green candlestick, it would confirm an evening star pattern (bearish). Thus, a close below the current zone could propel a test of the $106-floor before a possible revival. At press time, LTC traded at $121.425.
LTC Daily Chart
Source: TradingView, LTC/USD The...
Ripple Price Prediction: XRP Price Trades Near 200-EMA At $0.85, Is $0.1 in play?
admin2022-03-24T20:17:10+00:00XRP price continues to slide steadily north following the $0.84 value area. Buyers are attempting to establish a demand zone near $0.80. Investors anticipate a reliable support area that can be a Launchpad for a bullish breakout. XRP price consolidates gains with limited price action. A positive breakout above the 200-EMA would bring $0.1 into play. The price hovers near the 200-EMA, which acts as a crucial support level
XRP price awaits a bullish breakout
Source: Trading view On the daily chart, the XRP price...
Crypterium Token Officially Listed On Coinbase
admin2022-03-24T19:20:00+00:00London, United Kingdom, 24th March, 2022, Chainwire Transfers and wallet support for CRPT are now available on Coinbase. Crypterium, the fast-growing digital fintech solution helping customers manage their assets with ease, has announced its largest listing in the history of the company on the world’s biggest cryptocurrency exchange, Coinbase. Transfers and...
How Dogecoin’s 30% pump triggered a key market structure shift to the upside
admin2022-03-24T18:30:42+00:00Dogecoin’s price is hinting that it has begun its journey to the upside. The recent rally has got investors speculating if it could actually trigger a bull run for the crypto markets. It would not be surprising as DOGE was one of the first meme coins to pump before a full-blown bull run began in 2020.
Key level investors should keep an eye on
From 14 to 24 March, Dogecoin price rallied 30% and is currently hovering around $0.14. The uptrend...
Bank of England Calls for More Regulation as U.K. Crypto Firms Express Frustration With Current Rules
admin2022-03-24T16:12:12+00:00
Key Takeaways
The Bank of England’s Financial Policy Committee has called for additional regulations on the cryptocurrency industry. Meanwhile, many U.K. crypto firms are struggling to comply with existing regulations. Crypto businesses are required to register with the Financial Conduct Authority by Mar. 31, but some have complained of the government being too slow to process the applications.Share this article
Several U.K. crypto firms are struggling to register with the Financial Conduct Authority ahead of its Mar. 31 deadline. At the...
Cardano Price Prediction: ADA Price Advances Toward 200-EMA With Eyes On $1.50
admin2022-03-24T15:04:24+00:00ADA price extends the gains for the fourth straight day. The price tested monthly high around $1.17. Investors are ready to lock in further gains as the price move beyond the 50-day EMA since September. ADA price prints noticeable gains on Thursday. More gains above the 200-EMA towards $1.50. The momentum indicators support the bullish outlook.
ADA price continues to gain
Source: Trading View On the daily chart, after forming the rounding bottom the MANA price pierced above the 50-day EMA (Exponential Moving Average) at...
Creating a sci-fi NFT gaming ecosystem: An interview with Cryptomeda CEO Martin Jerabek
admin2022-03-24T13:50:12+00:00The NFT space has grown exponentially in the past few years with a total value reaching $17 billion in 2021. Although a lot of platforms offer NFTs and related services, one of the biggest problems in the space is the lack of a pivot marketplace and links between various communities. Cryptomeda is an NFT based ecosystem that aims to give users a chance to experience and own collectibles in the crypto space. The play-to-earn ecosystem consists of a marketplace, NFT collections, games, and staking...
Into the metaverse: Alfa Romeo F1 Team ORLEN joins Everdome
admin2022-03-24T11:50:00+00:00Dubai, United Arab Emirates, 24th March, 2022, Chainwire Alfa Romeo F1 Team ORLEN will make a huge step towards its presence in the metaverse as it unveils a partnership with Everdome, the world’s first hyper-realistic metaverse, to provide a digital home for the future of their community and...