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U.S. Won’t Ban Crypto | This Week in Crypto – Oct 4, 2021

 The US gives a green light to cryptos, TikTok launches its own NFTs, and can professional crypto traders be outmatched…by a hamster?! These stories and more this week in crypto. The Chairman of the US Federal Reserve, Jerome Powell said that the United States has no intentions of banning cryptocurrencies, including Bitcoin. He still asserted that some digital assets, stablecoins in particular, have to be regulated. This fresh, more optimistic US approach had an immediate positive effect on the entire market at the end of the week. TikTok has

Crypto Job Hiring Sees Huge Demand as Industry Grows

The number of jobs related to cryptocurrencies and blockchain technology have skyrocketed, according to data from several job listing websites.Sponsored Sponsored While crypto searches more than doubled on Indeed.com in the past year, US job postings with “cryptocurrency” and “blockchain” as keywords were up over 600% on LinkedIn. Additionally, growth in paid listing at CryptocurrencyJobs.co increased nearly 1,500% since last year. “Everyone is hiring right now” Daniel Adler, founder of CryptocurrencyJobs.co, provided some insight into the growth that’s occurred. He noted that some teams who were looking to double at

Bitcoin (BTC) Reclaims $43,000 After Short-Term Pump

Bitcoin (BTC) increased slightly on Sept 29 but failed to sustain its upward movement. However, it moved above $43,000 on Sept 30 before dropping back slightly.Sponsored Sponsored BTC has broken out from a short-term descending resistance line and is in the process of moving towards the next closest resistance area. BTC attempts to reclaim resistance BTC is currently attempting to move above the $44,000 area, which previously acted as support but has now turned to resistance. Sponsored Sponsored Technical indicators in the daily time frame are showing some bullish signs, such

Five Biggest Altcoin Gainer Showcase — Sept 19-26

BeInCrypto breaks down the five biggest altcoin movers and shakers from the previous week. Will their momentum continue this week?Sponsored Sponsored The five altcoins that increased the most last week were:  Celer Network (CELR) : 96.76%COTI (COTI) : 47.74%XDC Network (XDC) : 40.08%Ren (REN) : 38.10%Terra (LUNA) : 21.34% CELR CELR has been increasing since breaking out from the $0.093 resistance area on Sept 15. While it deviated below the area (red circle) on Sept 21, it resumed its upward movement at an accelerated rate afterward. Sponsored Sponsored This led to an

IOV Labs Prepares to Aid Cryptocurrency Adoption in Asia

Share some Bitpinas love:By Shiela BertilloIOV Labs, a Bitcoin merge-mined smart contracts platform, is arranging the adoption of cryptocurrency worldwide, starting from the emerging markets in Asia such as Vietnam and the Philippines. Through IOV Labs’ RSK, a bitcoin sidechain notable for how it has revamped the way users swap bitcoin for RBTC, and its new Powpeg system user transaction would be easier as the proof of transaction is automatically generated and vetted by a special hardware security module. And once these modules receive the proof, they distribute the RBTC to

Top-10 Aspiring Altcoins to Watch in September

This article will take a look at ten cryptocurrencies that have interesting developments lined up for the month of September, which could also have a positive effect on their price.Sponsored Sponsored Cardano (ADA) Current Price: $3.03Market Cap: $91 BillionMarket Cap Rank: #3 Cardano was founded in 2017 by Charles Hoskinson, who is also a co-founder of Ethereum (ETH). It is a proof-of-stake platform, whose native token is ADA. It is one of the biggest blockchain platforms to utilize the proof-of-stake instead of the proof-of-work consensus. The Alonzo testnet was launched

Bitcoin (BTC) Breaks Out Towards $51,200 Resistance

Bitcoin (BTC) broke out from a descending parallel channel on Sept 1 and is attempting to move above the $51,200 horizontal resistance area.Sponsored Sponsored Due to mixed readings from technical indicators, we cannot accurately determine if BTC will be successful in breaking out the first time. However, an eventual breakout is likely. Short-term breakout BTC had been trading inside a descending parallel channel since Aug 29. Such channels usually contain corrective structures. Sponsored Sponsored After sweeping the lows on Sept 1, BTC broke out later during the day. So far, it

Hub Star: Take control and generate value from personal data

TRON has grown in its popularity as a blockchain that is flexible and adaptable for users and developers alike. TRON supports smart contracts such as Solidity using protobuf. While there has been significant growth in smart contracts on the TRON network NFTs are also finding their ground on the blockchain. Some NFTs on TRON have been listed for more than $135K while others are being sold for as much as $620k. While decentralization and blockchain have helped developers and users to bring innovation to sectors ranging from healthcare to real

XRP Searches for Support After Rejection from Resistance

XRP (XRP) has been increasing since bouncing at the $0.62 long-term horizontal support area at the end of July.Sponsored Sponsored It was rejected by a descending resistance line on Aug 29 and is now attempting to find short-term support. XRP bounces at long-term support XRP has been moving upwards since bouncing at the $0.62 horizontal support area at the end of July. So far, it has managed to reach a high of $1.35 on Aug 15. The token has been moving downward since. Sponsored Sponsored Technical indicators are providing a mostly

China: Is the PBoC’s new ‘reminder’ on Bitcoin’s status really new

“We remind the people once again that virtual currencies such as Bitcoin are not legal tenders and have no actual value support.” The People’s Bank of China [PBoC] has once again raised an alarm about the use of cryptocurrencies in light of its recent crackdown. According to local reports, the central bank took a shot at Bitcoin, commenting that such virtual currencies cannot compete with existing legal tender. Yin Youping, Deputy Director of the Financial Consumer Rights Protection Bureau of the PBoC, argued that cryptos are not backed by any

Magnificent Seven: XTZ, AVAX, TEL, ENJ, XMR, SOL, ZEN — Biggest Gainers Aug 20 – 27

BeInCrypto takes a look at the seven altcoins that increased the most over the past seven days, from Aug 20 to 27.Sponsored Sponsored These altcoins are:  Tezos (XTZ) : 26.23% Avalanche (AVAX) : 24.21% Telcoin (TEL) : 23.30% Enjin Coin (ENJ) : 18.58% Monero (XMR) : 14.56% Solana (SOL) : 14.40% Horizen (ZEN) : 13.13% XTZ XTZ has been increasing since July 20, when it was trading at a low of $2.10. In a span of 36 days, it increased by 160%, leading to a high of $5.45 on Aug.

Bitcoin (BTC) Falls to Support After Rejection from $50,000

On Aug 16, Bitcoin (BTC) created a bearish engulfing candlestick and broke down from an ascending support line in the process.Sponsored Sponsored BTC is in the process of validating the line as resistance, after which it could resume its descent towards the closest support area. BTC continues descent BTC has been decreasing since it reached a high of $50,500 on Aug 23. The high was very close to the 0.618 Fib retracement resistance level (black) at $51,200. In addition to this, the downward move was preceded by bearish divergences in