US Department of Justice announced on 5 November that it has filed a complaint to seize $1 billion worth of cryptocurrencies, in connection with the underground online marketplace Silk Road. In the document, DoJ revealed the seized funds included over 69,370 Bitcoin (BTC) and nearly equivalent amounts of Bitcoin Gold (BTG), BSV, and Bitcoin Cash...Read More
An analytics firm has claimed today they found an increasing number of reports from XRP holders who seem to be falling victim to a new scam. XRP Forensics published a tweet on 5 November that warned XRP community to “stay alert.” We [XRPlorer] also see an uptick in reports of stolen XRP as a result...Read More
Galaxy Digital founder Mike Novogratz told CNBC’s Squawk Box that the Rubicon in BTC adoption has been crossed, even as BTC prices ranged roughly between $ At time of writing, bitcoin prices were hovering above $15,000. This bull run could have been a result of recent events, during which, some leading corporate entities began investing...Read More
Bitcoin Cash is leading in the monthly returns category with a 5.99% surge, following it is FTX’s FTT with a -5.16% while ONT has suffered a lot with 34.54% drop since October 1. Let’s take a look at how these coins might perform in November. Bitcoin Cash [BCH] Source: BCHUSD TradingView The 4-hour chart showed...Read More
The decentralized finance [DeFi] space has managed to carve out its position in the crypto sphere. For the better part of the year, when the crypto market had remained restrained under heavy sell pressure and other global economic turnarounds, the DeFi projects acquired great interest and led to a DeFi hype. During this period Ethereum...Read More
US Department of Justice announced that it has seized $24 million in cryptocurrencies through a collaboration with the Brazilian federal police investigation pertaining to a cryptocurrency scam operation dubbed “Operation Egypto.” According to the DOJ notice, US law enforcement seized the crypto after the government of Brazil made a request for help with the aforementioned...Read More
The United States Department of Justice confiscated around $1 billion worth of bitcoins on Tuesday. Today it is suing for forfeiture of the BTC that federal personnel seized. The coins allegedly belong to the now-defunct darknet marketplace Silk Road. US DOJ Wants The Forfeiture Of Bitcoin Worth $1 Billion As per Bloomberg’s latest report, the...Read More
LINK/USD – Bulls Rebound From Lower Boundary Of Ascending Price Channel. Key Support Levels: $10.50, $10, $9.80.Key Resistance Levels: $11.50, $12, $12.75. LINK saw a strong 6% price hike today as it rebounds from the lower boundary of an ascending price channel to trade at $10.9. The coin had started to form this pattern toward the...Read More
Bitcoin SV registered a local bottom at $144 on 3rd November but since then the asset has rallied back above $150. Just like the rest of the altcoin market, BSV is struggling to rally behind Bitcoin but on the short-term chart, it may indicate a bullish move over the next few hours. At the moment,...Read More
Ethereum 2.0 is finally undertaking fundamental strides in the developmental direction. Through months of anticipation, delayed launches, online spats with other proponents (i.e BTC maximalists), deposit contract for ETH 2.0 was finally deployed by the community. The immediate effect of the announcement was emphatic. Reports suggested that $1 million worth of ETH was locked in...Read More
After its third-retest within a period of 7-days, Bitcoin finally breached above the $14,000 and it is currently consolidating above $14.5. The current price is at an extremely unfamiliar trading zone, last witnessed in the first week of January 2018. At the moment, there wasn’t any particular resistance to look out for, but the trend...Read More
XRP, Dash, and Compound have all had a bad last month. XRP is down the least -2.94% while Dash is down -2.28% and Compound by -29.17%. This is obvious considering bitcoin’s stellar performance in the month of October, which has even outpaced the likes of FAANGs. XRP Source: XRPUSD TradingView XRP is still the fourth-largest...Read More
Bitcoin is currently trading around $14,500. The asset saw this particular price range back on January 8th, 2018, a whopping 1029 days back. Safe to say, these were unfamiliar trading provinces in the past three years. With Bitcoin building its rally step-step across the past month, the recent entry above $14k is currently creating a...Read More
In anticipation of the upcoming hard fork of Bitcoin Cash (BCH), Hardware wallet manufacturer, Trezor announced that it “will not be supporting any coin split that may result from it.” Our official announcement regarding Bitcoin Cash hard fork. Trezor will not be supporting any coin split that may result from it. Read the full statement...Read More
A MetaMask user, attempting to swap Ethereum for a DeFi token, paid over $9,000 transaction fees while transferring only $120 worth of ETH. The user has reached out to the mining pool that processed the transaction for assistance but has yet to receive a response. A Costly ETH-DeFi Swap The user, going by the nickname...Read More
XRP/USD – Bulls Face Resistance At 100-days EMA Key Support Levels: $0.24, $235, $0.228.Key Resistance Levels: $0.251, $0.261, $0.271. XRP fell lower from resistance at a falling trend line toward the end of October. It initially found support at the 200-days EMA at $0.24 but broke beneath it in November. After that, XRP continued to...Read More
Bitcoin returns have been amazing without a doubt, but it has been touted as the most volatile asset. However, looking at how things have evolved over the last couple of years, we can say that bitcoin isn’t volatile, in fact, it is less volatile than FAANGs. Why institutions hate volatility? Institutions like their holdings [portfolio]...Read More
[PRESS RELEASE – Please See Disclaimer] New Redeemable Cryptocurrency Cana Token Launches, Backed by Cannabis SeedsInteractive Cannabis Token Website Encourages Public to Voice Opinions with Rewards LIVERPOOL, UK — November 5, 2020 — Today, Cana Token announced the launch of a new way of doing business with a cryptocurrency token linked to cannabis seeds. The...Read More
[Featured Content] UMI is a blockchain-based ecosystem that provides its users with instant transfers, staking, and multifunctional smart contracts. It attempts to compete with legacy market giants such as VISA and MasterCard when it comes to transaction speed. The developers aim to bring the network throughput to one million transactions per second, which is quite...Read More
Galaxy Digital CEO Mike Novogratz believes that Bitcoin is in a bull market as the asset has crossed a milestone in its adoption cycle. The former hedge fund manager also noted that BTC will only benefit if the US Federal Reserve continues printing such excessive amounts of money. Novogratz: Bitcoin Is In a Bull Market...Read More
Out of Ethereum, Tezos, and Maker, only the king of altcoins has positive performance in the last month. ETH has seen a surge of 14.34% while XTZ and MKR are -15.76% and 8.49%. Let’s take a look at these coins individually and if they are bullish or bearish. Ethereum [ETH] Source: ETHUSD TradingView Ethereum 2.0...Read More
Bitcoin price continues to break new grounds today as bulls prepare to take on the $14,900 resistance. Since the bottom of the brief dip yesterday at 08:00 UTC, $24 billion has been added to the market with most of it being piled into BTC. Bitcoin dominance has now broken over 65.0% for the first time...Read More
En + Group has entered the crypto mining space in a joint venture with bitcoin miner hosting provider BitRiver. Reportedly, the joint venture known as Bit + already saw its first phase of a bitcoin mining facility set up and running with over 10 megawatt-hours of capacity provided by En + The two partners plan...Read More
[PRESS RELEASE – Please See Disclaimer] While the Coronavirus has been exploding throughout the world the team behind Crypto Poker Group has been concentrating on placing poker players’ needs at the forefront of cryptocurrency poker games. The platform has been delivering some of the most competitive Bitcoin and Ethereum based player benefits during 2020. Every...Read More
Despite the difficult COVID-19 realities and closed borders, the Forum was attended by 3000+ participants. Global industry leaders, entrepreneurs, investors, and startups have come together to discuss current trends and determine the development of the industry for the coming years. At the forum, dozens of contracts were signed between companies, investors, and funds. The key...Read More
The journey of Bitcoin in 2020 has been pretty nail-biting. With the global events hitting the crypto market, many investors saw Bitcoin’s recovery and decided to include it as a part of their investment portfolio. BTC has been reporting a 86% returns to investors year-to-date, while this surge in volatility also returned many traders back...Read More
Sam Bankman-Fried, the CEO of the crypto derivatives platform FTX, has donated over $5 million to the 2020 presidential campaign of the former vice president Joe Biden. Data provided from opensecrets.org reads that FTX.US is listed among the top donors in the ongoing elections with $5,220,000. FTX CEO, Sam Bankman-Fried. Source: Bloomberg The Wall Street...Read More
Percent Finance, a community-owned fork of Compound Finance, announced today that some of their money markets experienced an issue that could lead to permanent locking of users’ funds. Reportedly, close to $1 million worth of user funds on the platform are stuck in money market smart contracts. Source: Percent Finance on Medium The amount locked...Read More
Founder of crypto derivates exchange FTX, Sam Bankman-Fried, has made a contribution of $5.2 million to the campaign of U.S Democratic presidential candidate, Joe Biden. Data from OpenSecrets.org, noted this donation on their Top Contributers page, which lists the money that came from organization’s PACs, individual members, employees, and their immediate families. According to a...Read More
Another leg up took Bitcoin to a fresh yearly high of over $14,500. Most alternative coins were left behind, and BTC’s dominance over the market has further expanded to nearly 65%. Bitcoin Peaks Yet Again To $14,350 It’s safe to say that the primary cryptocurrency has enjoyed the past several weeks. Bitcoin marked consecutive yearly...Read More
