Ethereum Looks Ready For Another Leg Higher Over $175

Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area. Ethereum is showing a few positive signs above the $170 support level. The price could gain bullish momentum once it clears the $175 resistance area. There is a major contracting triangle forming with resistance near $174 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either surge above the $175 barrier or it might correct towards…

Binance Hits Back at ‘Embezzlement’ Claim

Binance has fired back at claims that it ‘embezzled’ hundreds of thousands of dollars in funds that were frozen from a user’s account in November 2018. In a lengthy statement the exchange said the funds were frozen at the request of South Korean law enforcement agencies because the account holder had allegedly received 3,995 Ethereum (ETH) through a listing fee scam. Binance provided screenshots of correspondence with the Korean authorities to back up its claims. The user had earlier claimed South Korean law enforcement authorities had no complaints against him.…

You Haven’t Even Noticed the Best Feature for PS5’s New Controller

Sony officially reveals the PS5 controller but fails to talk about one of its best features. The PS5 DualSense controller will be charged by USB-C. USB-C charging will help to fix one of the biggest problems that fans have with the PS4’s DualShock 4 controller. Sony has officially revealed the PS5 controller. It’s called the DualSense, and it has features such as a new button for sharing gameplay and haptic feedback. But one feature Sony didn’t talk about in its announcement was the controller’s USB-C charging. PS5 Controller Uses Different…

Just Four Crypto Leaders on Forbes’ List of Billionaires

There are more than 2000 billionaires on Forbes’ ‘The Richest in 2020’ list — but only a handful come from the world of cryptocurrency and none of them are named ‘CZ’. Only four entrepreneurs who made their fortunes in crypto were included among the 2,095 billionaires the magazine named on April 8. The richest man in crypto is Bitmain co-founder Micree Zhan, who appears at No. 690 on the list with a net worth of $3.2 billion. His co-founder Jihan Wu is not too far behind at No.1307, with $1.8…

‘Rich Dad Poor Dad’ Author Says Gold, Silver, and Bitcoin Lie Outside the System

Millionaire businessman and author of the book Rich Dad Poor Dad, Robert Kiyosaki, mentioned Bitcoin (BTC) numerous times in a podcast interview with Morgan Creek Digital co-founder, Anthony Pompliano, referring to the asset as an escape. “The reason I endorse Bitcoin is because is just for one frickin reason — you’re not part of the system,” Kiyosaki said. “It’s a separation of government and my money,” he laughingly added, quoting sentiment Pompliano has expressed many times.    Uncertain times can spurr flight to safety Throughout the interview, Kiyosaki riffed on many…

The Real Reason the Stock Market is Surging – Hint: It’s Not Bernie Sanders

The stock market rallied again today. Many think the surge was caused by Bernie Sanders dropping out of the presidential race. But the market has been rallying for days, based on hopeful news that the COVID-19 pandemic is peaking. Against all odds, the stock market surged ahead yet again today. As unemployment continues to break records, and the housing market threatens to buckle, the stock market is somehow thriving. Bernie announced he’s dropping out of the 2020 race, but that’s not why the stock market is surging. | Source: Twitter…

South Korea’s Largest Crypto Unveils New Consensus Algorithm

South Korea’s largest public blockchain project, ICON (ICX), announced its new Loop Fault Tolerance 2.0 (LFT 2.0) consensus algorithm on April 8. The new algorithm claims to make performance improvements in scalability and network bandwidth over the popular Practical Byzantine Fault Tolerance (PBFT) consensus types, without compromising security. Innovation reduces network load and improves throughput The LFT 2.0 white paper was published on today been published on Github, following three years of research and development. It marks the first time that a South Korean team has successfully innovated on this…

‘Devastated’ Emily Ratajkowski Needs to Grow up – Bernie Had No Chance

Model Emily Ratajkowski dumped her feelings about Bernie Sanders dropping out of the presidential race today. She said she was “hopeless and devastated.” Maybe if she supported Bernie when he needed it most, instead of posting semi-nude photos, he would’ve had a chance. Bernie Sanders dropped out of the presidential race today. Supermodel and ‘influencer’ Emily Ratajkowski took to Twitter today to dump her feelings about it. Let’s all cry for the supermodel. | Source: Twitter She said she was and “hopeless and devastated and powerless.” While I, too, would…

Bitcoin Cash Halving Met with 11% Price Surge; BSV Follows with 19%

Bitcoin Cash (BCH) went through with its first block reward halving on Wednesday, with the coin price gaining 11.2% on the day.  Those gains were exceeded by Bitcoin SV (BSV), which gained 19.4% in the same time period. Bitcoin SV is scheduled to carry out its own block reward halving by Friday, April 10th.  Both Bitcoin forks were the only cryptocurrencies glowing green in the market cap top ten on Wednesday. However, those gains look to be short-lived, as the vaulted ‘halvening’ event threw up considerably less fireworks than expected.…

Texas Regulator Spots Crypto Firm at Fraudulent COVID-19 Charity Claims

The Texas securities regulator has continued its crackdown on cryptocurrency scams, spotting an alleged fraudulent crypto firm that made fake claims about COVID-19 donations. On April 8, the Texas State Securities Board (TSSB) issued an emergency cease and desist order against Ultra Mining, alleging that the crypto mining firm is involved in diverse illicit activities including purportedly fraudulent claims to double investors’ money. As specified in an official TSSB notice, the Texas action was brought jointly with the Alabama Securities Commission to stop the ongoing illegal offering. According to the…