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Glauber Contessoto Turned $180K into $1 Million Thanks to Dogecoin

While bitcoin is sinking into oblivion as of late (the world’s number one digital currency by market cap fell from around $64,000 two weeks ago to roughly $49,000 at the time of writing), it looks like Dogecoin continues to spike like there is no tomorrow, and many of its investors are raking in some serious profits. One is Glauber Contessoto, who recently became a Dogecoin millionaire. Contessoto Made a Valid Investment Decision Contessoto first began investing in the altcoin after it garnered heavy attention from Elon Musk, the South African entrepreneur behind billion-dollar companies such as Tesla and SpaceX. Musk…

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EOS Price Analysis: Fresh Rally Likely Above $6.00

EOS tested the $4.50 and $4.60 support levels against the US Dollar. The price is currently trading well above the $5.50 zone and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $5.80 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could start a strong increase if there is a clear break above the $6.00 and $6.10 resistance levels. EOS price is signaling a positive move above $5.50 zone against the US Dollar, similar to bitcoin. The price could accelerate higher if it clears…

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Litecoin (LTC) Price Analysis: Upside Break Above $265 Seems Likely

Litecoin price is showing positive above the $210 support level against the US Dollar. LTC price is now trading well above the $240 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $250 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to continue higher if there is a clear break above $265. Litecoin price is showing bullish signs above $240 against the US Dollar, similar to bitcoin. LTC price is likely to accelerate higher above the $265 resistance zone. Litecoin…

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Gemini Partnered With Mastercard To Introduce Crypto Credit Card

Gemini partnered with Mastercard to launch a crypto credit card that will offer up to 3% in Bitcoin rewards to users so let’s read more in today’s cryptocurrency latest news. Mastercard continues with its crypto-related efforts by partnering with the Gemini crypto exchange in order to introduce a new crypto reward credit card. Dubbed Gemini Credit Card already has more than 100,000 people on its wallet but will likely be launched during this summer. Gemini partnered with Mastercard to expand the crypto options on the market. The exchange was founded and managed by the Winklevoss twins and they also announced…

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Tron (TRX) Price Analysis: Bulls Aim Fresh Increase Above $0.135

Tron price started a fresh increase from the $0.092 support zone against the US Dollar. TRX price is now trading above the $0.1100 support and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.1100 on the 4-hours chart (data feed via Bitfinex). The pair seems to be staging a strong increase above the $0.1300 and $0.1350 resistance levels. TRON price is holding the $0.1000 support zone against the US Dollar, similar to bitcoin. TRX price is likely to setup a major increase if there is a break above $0.1350.…

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Mike Novogratz Allegedly Isn’t a Fan of Dogecoin

Bitcoin and Dogecoin are two of the world’s biggest digital currencies right now. They have both been spiking like crazy as of late, with Dogecoin now taking the lead and working hard towards potentially reaching one dollar per unit by the end of the year. While they both look similar at first glance, Mike Novogratz – a billionaire investor and former hedge fund manager – claim that these assets could not be more different, and that investors need to be aware of the risks they each pose if they are going to invest in the future. Mike Novogratz On the…

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Indonesian Regulators Aim To Impose Tax On Crypto Transactions

The Indonesian regulators consider imposing a tax on crypto transactions according to the reports by the Indonesia Commodity Futures Trade Regulatory Agency known as Bappebti so let’s read further in our latest cryptocurrency news today. Bappebti is considering levying a tax on crypto transactions that are taking place on regulated exchanges in the country. Right now, 13 cryptocurrency exchanges fall under the Indonesian CFTR and the tax would be automatically applied by these platforms if approved as per the reports: “It is currently [undergoing] internal review at Bappebti, then we will coordinate with the BKF.” Sidharta Utama who is the…

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Cardano (ADA) Price Analysis: Fresh Increase Likely Above $1.30

ADA price started a fresh increase after testing the $1.00 support against the US Dollar. The price is now trading above the $1.200 support and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.150 on the 4-hours chart (data feed via Bitfinex). The price is likely to continue high above the $1.300 and $1.348 resistance levels. Cardano price is rising and trading above $1.200 against the US Dollar, similar to bitcoin. ADA price could accelerate gains once it clears the $1.300 resistance. Cardano Price Analysis After a steady decline,…

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Ethereum Price Analysis: ETH Eyes Fresh Rally To $2,800

Ethereum price started a fresh increase after testing the $2,000 support against the US Dollar. ETH price is currently trading well above $2,300 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $2,200 on the 4-hours chart (data feed from Coinbase). The pair is likely to continue higher towards the $2,600 level or even $2,800. Ethereum price is showing positive signs above $2,300 against the US Dollar. ETH/USD remains well supported and it seems to be eyeing a strong surge to $2,800. Ethereum Price Analysis After a strong decline, ethereum found…

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Dan Schulman Says The Demand For Crypto Exceeded His Expectations

Paypal’s CEO Dan Schulman says the demand for crypto services from the company exceeded his expectations and the expectations of the company as well ‘multiple folds so let’s read more in our latest cryptocurrency news today. Dan Schulman says that the user demand for crypto services on the platform is higher than anticipated and noted that the COVID pandemic even sped up the digitalization of payments across the globe. A few months after the payments giant PayPal launched buying and selling features for crypto, especially for bitcoin, the user demand for digital assets on the platform exceeded the company’s expectations.…

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Scammers Impersonate PancakeSwap And Offer 400 Cake Airdrops

Scammers impersonate PancakeSwap platform and started sending emails to users saying they will perform a 400 CAKE airdrop which is worth more than $12,000 as we can see more in our latest crypto news. The increasing popularity of PancakeSwap which is a decentralized exchange that is running on the Binance Smart chain caught the attention of bad actors and now the project warned that a group of scammers is promoting fake airdrops that are trying to lure victims into claiming them via a scam link. The popularity of the DEX employing the Binance Smart Chain went through the roof in…

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Dutch Authorities Seized $360 Million In Crypto And Cash In 2020: Report

Dutch authorities seized more than $360 million in crypto and in cash in 2020 out of which 8 million EUR were in Bitcoin and other cryptocurrencies so let’s read more in our latest crypto news today. In 2020, Dutch authorities seized more than $300 million in crypto and in cash which marked a serious increase from 2019. The authorities seized about $303 million worth of cash and crypto in criminal cases with the Netherlands Public Prosecutors Service according to the announcement. This is a considerable increase from 2019 when a total of $312 million in cash and in crypto was…

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Stellar Lumen (XLM) Price Primed For A Fresh Rally Above $0.45

Stellar lumen price declined heavily from well above $0.6000 against the US Dollar. XLM price is now trading well below $0.5000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.4500 on the 4-hours chart (data feed via Kraken). The pair is likely to start a fresh increase if it clears the $0.4500 and $0.5000 resistance levels. Stellar lumen price is consolidating above $0.4000 against the US Dollar, while bitcoin is rising. XLM price could soon accelerate higher above the $0.4500 and $0.5000 levels. Stellar Lumen Price Analysis (XLM to USD)…

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Ripple Price Analysis: Bulls Eye Fresh Rally Above $1.20

Ripple price declined heavily from well above the $1.800 level against the US dollar. The price is now trading below the $1.20 support and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.155 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.155 and $1.160. Ripple price is attempting a recovery from $0.885 against the US Dollar. XRP price is likely to accelerate higher if there is a close above $1.200. Ripple Price Analysis…

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PayPal’s Venmo Customers Can Buy, Hold and Sell Digital Assets

The Venmo app – which is a division of PayPal – has agreed to let all users buy, sell and hold digital tokens. The news was announced earlier in the week, and many believe this will move cryptocurrencies deeper into mainstream territory. The Venmo App Has Said “Yes” to Crypto Beginning last Tuesday, Venmo users can invest in four mainstream cryptocurrencies. They are bitcoin, Litecoin, Ethereum and bitcoin cash. They can use these assets to purchase goods and services granted they agree to the extremely loose rule that all crypto transactions must consist of at least one dollar. They can…

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Lending Platform Aave Will Launch Liquidity Mining Program: Report

The lending platform Aave will launch a liquidity mining program on Monday which could set the platform closer to becoming the dominant DeFi lending protocol as we can see more in our latest cryptocurrency news. Earlier today, the lending platform Aave announced that Improvement Proposal 16 reached quorum which means that starting on Monday, the liquidity providers and borrowers in Aave, DAI, USDT, ETH, WBTC pools will earn sTaave rewards in addition to their standard interest yields. According to the AIP 16 providers and borrowers in these pools, they will split 2200 sTAVVE tokens per day from the current 2.9…

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Solana Sends Shockwaves With The Price Aiming For $50: Price Analysis

Solana sends shockwaves on the market, putting a lot of pressure on the bears and its price aiming for a new ATH towards $50 so let’s find out more in our latest altcoin news today. Solana seems to be on a moon mission as per the daily charts that we can see SOL moving against the current market sentiment and reaching a new high of $42.58. After a small drop, the cryptocurrency traded at $41 with bigger gains in the weekly charts as well as 207% gains on the monthly chart. Anonymous trader Kaleo was tracking the price action of…

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The Bank of England Considers Issuing A New Cryptocurrency

The United Kingdom and the Bank of England are looking into potentially unveiling a new bank-issued digital currency. The Bank of England Wants Its Own Version of Crypto There are several countries over the past few years that have been exploring the idea of utilizing bank-issued currencies to boost financial prowess. Among the only nations to have done so thus far is China, which drew back the curtain on its plans for the digital yuan as early as 2019. While the currency has not been unleashed on the national population, the cryptocurrency has been tested time and time again and…

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Ex NYSE President Says Crypto Is The Best Kept Secret Ever

Ex NYSE president Thomas Farley says that he is all in on crypto but that crypto is the best-kept secret in the world as well. What did he mean with that, we find out in our latest crypto news today. Thomas Farley, the Ex NYSE president is now a CEO of the fintech investment firm Far Point and spoke to CNBC’s Squawk Box on Thursday that crypto is the best-kept secret in the world and maybe even in the history of the financial markets. Considering there’s a lot of talks about crypto going mainstream, that doesn’t seem that it is…

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Bitcoin and Many Other Coins Have Taken Serious Stumbles

The price of bitcoin has taken a horrible turn. The world’s number one digital currency by market cap – after reaching a new all-time high last week following Coinbase’s debut on the Nasdaq – has dropped roughly $8,000 in just a matter of days that has brought the asset down to roughly $55,000 per unit at the time of writing. It was recently trading as high as $63,000. Bitcoin Falls Following an End to Coinbase Hype In addition to bitcoin, other major altcoins including Ripple’s XRP, Dogecoin, Cardano and Ethereum have also taken serious tumbles. The entire event has been…

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