A 21-year-old man from Dublin who took part in the online theft of over $2 million worth of cryptocurrencies has now been imprisoned for just under three years. United States Department of Homeland Security identified one Conor Freeman for being the person behind certain internet handles connected to the offenses. Local police said that Freeman was...Read More
Bitcoin touched a high of $17,081 at press time and large-cap altcoins performed remarkably well in recent days as well. Cardano and Monero broke strongly upward out of a downtrend, while Vechain pulled off the same feat. Cardano [ADA] Source: ADA/USDT on TradingView Cardano surged off the $0.1 support and broke past the descending channel’s...Read More
The central bank of the Netherlands, De Nederlandsche Bank (DNB), announced that it has imposed new Anti Money Laundering rules that now require customers of all local crypto exchanges to “prove” that they control their withdrawal addresses linked to their accounts. Crypto journalist, Aaron van Wirdum drew attention to the DNB’s latest regulations in his...Read More
Ethereum is currently consolidating above $460 over the past couple of days. On 15th November, the asset did re-test a low below $450 but now it looks lively again for a rally upwards. However, amidst such a bullish scenario, it continues to be difficult to ignore the bearish signs that were evident in the analysis....Read More
USDT has replaced XRP yet again, to rank third in market capitalization. Based on data from Skew, it has hit a new high of $18 Billion. On Coinmarketcap.com, Tether’s market capitalization is 0.13 Billion shy of 18 Billion. USDT Market Cap || Source: Skew So is Tether taking on the popular altcoin XRP or is...Read More
Bitcoin shows absolutely no signs of slowing down. After taking over $16,000 a few days back, the cryptocurrency is now trading well over $17,000 on its way to the former all-time high. The last time the price was this high, it only took six days to reach its ATH value. This happened back in December...Read More
Bitcoin Dominance stood at 65.7% as Bitcoin made strong gains while many of the large-cap altcoins followed suit. At press time BTC was being traded at $16,918 with a trading volume of $18.2 billion. Source: CoinStats Polkadot exhibited a bearish divergence but that does not necessitate an immediate pullback. IOTA appeared to begin another leg...Read More
Self-claimed Bitcoin pioneer and podcaster, Max Keiser, believes that American billionaire hedge fund manager Raymond ‘Ray’ Dalio, will have to buy Bitcoin soon if he wants to stay in business. In a new episode of the Keiser Report, the bitcoin maximalist looked at the many Wall Street legends entering the bitcoin game, such as Paul...Read More
The Bank of Japan [BoJ] had prioritized the development of a central bank digital currency [CBDC] in July, however, as per a former executive the issuance may take several years. Hiromi Yamaoka, who formerly headed BOJ’s division of overseeing payment and settlement systems, told Reuters that the main hurdle in from the of the bank...Read More
In the past 24 hours apart from making headlines, SushiSwap gained 9.25% based on data from DeFiPulse. The project that earned a reputation as the dead $UNI fork that got hacked by the founder 2 months ago is now working on a strong comeback. The Sushi team has been working in the background. The token’s...Read More
Former Olympic wrestler and mixed martial artist, Benjamin Michael Askren, nicknamed “Funky” took to Twitter today to share his opinion on why he thinks Bitcoin was increasing in value. He implied that the premium cryptocurrency was only going up in value because the US dollar was losing its own. In his 17 November tweet, the...Read More
Bitcoin touched $16,800 in recent hours as sentiment in the crypto space continued to be ecstatic. Some metrics pointed toward a BTC pullback, but it would be anyone’s guess to pinpoint the exact local top for BTC. Some altcoins were strongly bullish in the short term. Binance Coin reversed a bearish pattern with an upside...Read More
Bitcoin price has erupted through the psychological $17,000 level today. It is now breaking through the first high set way back in January 2018, after the primary cryptocurrency crashed from its all-time high level of nearly $20K. This is the first time Bitcoin has been above the $17,200 mark in 1,066 days. Over the last...Read More
Bitcoin is easily the most profitable investment, so far, since November 2020 bitcoin has yielded an approximate 29% in returns. In comparison other assets fall short, they shy away from bitcoin. Source: TradingView Clearly, bitcoin outperforms each and every last one of them. So, not investing in bitcoin is a no brainer. If you do...Read More
XRP/USD – Bullish Explosion Leads To XRP Hitting $0.3 Key Support Levels: $0.295, $0.29, $0.286.Key Resistance Levels: $0.3, $0.31, $0.321. XRP penetrated above a symmetrical triangle last week as it started to climb higher again slowly. The coin penetrated above resistance at $0.261 and pushed higher into the $0.271 level (bearish .618 Fib). The coin...Read More
Decentralized advertising startup AdEx has invited its community to participate in the governance of the platform. The first major decision that token holders can vote on will be the total number of ADX staking reward tokens to be minted in 2021. Empowering the Community Through Governance Rights AdEx is now inviting the community to have...Read More
After clocking in a new local top at $476, Ethereum’s price has been tepid over the past week. Clocking in a weekly change of 0.96% drop, Ethereum might be indicative of a correction period with Bitcoin but larger market sentiment remained poles apart with respect to the price. Source: Skew According to recent Skew data,...Read More
Bitcoin’s performance could positively influence Bitcoin Cash, which has posted a series of lower highs in the past week. EOS retraced most of its downward move from earlier this month, while Dash formed a bull flag and could be poised to test a level of resistance soon. Bitcoin Cash [BCH] Source: BCH/USDT on TradingView Bitcoin...Read More
The blockchain software giant ConsenSys has acquired the DLT development project Truffle for an undisclosed amount. The Truffle Suite addition is aimed at enabling ConsenSys to provide an even more comprehensive set of blockchain development tools to its customers. ConsenSys Acquires Truffle The New York-based blockchain company announced the new purchase in a press release...Read More
The world just witnessed the deeply debated (only from the ones who lost) results of the 2020 US Presidential election. More than a week ago. Republican party members, including their leader and the 45th President Donald Trump, crying foul calling the polls rigged. Nonetheless, Joseph Biden will take up the coveted position as the leader...Read More
As Bitcoin hits newer levels and breaks past resistances, it is trading at $16300. Meanwhile, Bitcoin reserves have dropped consistently since October 2020. Down 5.6% since October 2020 and 17.19% since the beginning of 2020, reserves have been a top factor driving the consistent price rally in 2020. BTC Reserves on exchanges || Source: CryptoQuant...Read More
Amongst bitcoin and cryptocurrency fund management firms, Grayscale takes the top spot. And so it has proved again by now becoming the owner of 500,000 BTC worth $8.5 billion. This roughly equals 2.4 percent of the cryptocurrency’s total programmed supply. Grayscale Investments Owns Bitcoin Worth $8.5 Billion A few hours ago, Barry Silbert’s crypto fund...Read More
Over the past few weeks, Bitcoin has been leading the crypto rally and is continuing to do so. The world’s largest cryptocurrency has returned to another new high of 2020, as it finally breached the $17,000-mark across some major crypto-exchanges. In the last hour alone, Bitcoin hiked by over 2.2%, on the charts. Additionally, BTC...Read More
Months after the infamous hack on its platform, the social media giant Twitter has appointed a noted hacker as its head of security. Pieter Zatko, also known as “Mudge,” has also testified before Congress, educated President Bill Clinton about DDoS attacks, and worked in Google and the Defense Advanced Research Projects Agency (DARPA). Twitter To...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Litecoin’s short-term market and its impact on the price The price of Litecoin has been marching higher every passing hour and reached a value of $74.18, at press time. The surge observed in the Bitcoin market was a driving factor for...Read More
Maisie Williams, the actress portraying Arya Stark in the Game of Thrones TV series, asked her 2.7 million followers if she should “go long on Bitcoin.” Apart from thousands of responses she received from the community, Barry Silbert, Mike Novogratz, and even Elon Musk weighed in as well. Arya Stark Looks To Buy Bitcoin? Born...Read More
As the value of Bitcoin soars and marks new annual highs, Bitcoin’s proponents have been increasing exposure to the digital asset. Galaxy Digital, the crypto merchant bank with Mike Novogratz as its founder and CEO announced that the company was expanding its services in Canada along with CI Global Asset management. According to the announcement,...Read More
[PRESS RELEASE – Please Read Disclaimer] Following up on the pair of pre-listing discounted subscriptions for both Bluzelle and Aleph, ProBit Exchange will prepare for the third of their planned ProBit Exclusive offerings in November for SWINGBY starting November 18. The third consecutive offerings come on the heels of a strong surge in subscriptions for...Read More
While DeFi tokens such as Yearn. Finance and UniSwap introduced a totally new landscape with their decentralized financial products, a preposterous trend of launching food tokens took off alongside such solid projects. Food-themed coins became a theme for a brief period during the DeFi explosion and developers around the world were quickly introducing these food-meme...Read More
Bitcoin decisively climbed past the $16,000 level as buyers overwhelmed the market in the wake of extremely positive sentiment toward the biggest crypto. Chainlink was unable to perform similarly in the past few days, as its price oscillated about the $12.6 level. Synthetix and Stellar Lumens registered gains in the past few trading sessions and...Read More
