In brief: Bitcoin (BTC) has had an eventful weekend as it dropped from $6,700 to $6,000. The King of Crypto has tested the $6,000 support zone a few times. This area of support is crucial as a death cross is forming on the daily chart. At the time of writing this, all global citizens are...Read More
The Crypto Industry is always rolling on trends and buzz since it’s the all-time peak period in Dec 2017. Ethereum still continues to be the second-largest crypto network in the Industry. Thus Saturday, the Ethereum Co-founder took to twitter about the achievements of ETH in the past 3 years and also listed things to happen...Read More
In brief: Today, the US has surpassed China in confirmed cases of the Coronavirus. A total lockdown might be the only option left to curtail the spread of the disease in North America. The Stock markets might experience another dip due to technical and fundamental factors. Bitcoin (BTC) might thus be tested one more time...Read More
In brief: Binance has announced the launch of the Binance Card that allows users to shop and pay with crypto anywhere VISA is accepted. Binance Card will initially be a virtual card in a Beta version of the new service. Users can only top up using Bitcoin (BTC) and Binance Coin (BNB). The team at...Read More
In brief: Binance has announced that it will be supporting the upcoming DigixDAO (DGD) dissolution. The exchange will distribute ETH to qualified DGD holders at a rate of 1 DGD = 0.193054178 ETH. Earlier this year, the DigixDAO community voted on dissolving the project and burning the DGD in circulation. The popular crypto exchange of...Read More
In Brief: The major cryptocurrencies of Bitcoin, Ethereum and XRP are experiencing sideways movement. Only Monero (XMR) is exhibiting noteworthy gains in a 24-hour period. The privacy coin is up over 8% in a day and has its eyes set on the $52 resistance area. In an earlier article, Ethereum World News reminded the crypto...Read More
In brief: Tron bought DLive in December 2019. DLive was soon integrated into the BitTorrent ecosystem. Bitcoin (BTC) has now been removed as a payment option on the Livestreaming platform and has been replaced by TRX, BTT and TRC-20 USDT. Back in December 2019, the Tron Foundation acquired the popular livestreaming platform of DLive and...Read More
In brief: The US Congress finally agreed to a $2 Trillion stimulus package. Bitcoin (BTC) reacted positively to the news and traded briefly at $6,960, Binance rate. However, the $6,900 resistance area and the CME Bitcoin futures expiry this week, might delay BTC from reclaiming $7,000 and turning it into support. The two major parties...Read More
Despite the crashing markets, companies are working hard to boost the further adoption of Bitcoin and cryptocurrencies. In two separate announcements, Coinbase and the popular internet browser Opera revealed that they’ve made serious strides in this regard. Coinbase Card Usable With Google Pay The leading cryptocurrency exchange in the US, Coinbase, allows its users to...Read More
The recent mystery surrounding the incredible $80,000 worth of Ethereum transaction fee has been resolved. Instead of a complicated money laundering scheme compiled by a South Korean exchange, it actually turned out to be a human-mistake made by one of the employees. 656 ETH Paid for Syntethics Network (SNX) Transaction A few days ago, a...Read More
Around the Block: Analysis on the bZx Attack, DeFi Vulnerabilities, The State of Debit Cards in Crypto, and Other Crypto News Coinbase Around the Block sheds light on key issues in the crypto space. In this edition, we analyze the bZx attack, uncover some of DeFi’s vulnerabilities, and discuss the state of debit cards in crypto....Read More
There’s no other way to put it: Bitcoin has fallen off a cliff. The cryptocurrency, over the past few hours, has plunged from a comfy price above $7,700 (which now seems extremely high) to as low as $5,600 in the span of a few 15-minute candles. This crash, which caught many traders aback, liquidated some...Read More
Over the past few hours, Bitcoin has mounted a comeback; after falling as low as $7,590 in step with a similar drop in the price of equities, the cryptocurrency surged towards $7,900. While some say this is just volatility, there is purportedly evidence that an uptrend is forming, one that could take BTC above $8,000,...Read More
By Kevin Britz At Astro Wallet, which was recently acquired by Coinbase, we spent the better part of the last two years researching economic abstraction in various forms. We’d like to share our findings with the greater blockchain industry in the hope that this may serve as a guide to solve many of the UX issues...Read More
Despite the slight recovery, Bitcoin remains decisively down on the week, trending far lower since the $9,200 high was established on Saturday. In fact, from the local top, the cryptocurrency has lost 12%, and over 25% since February’s $10,500 top, dramatically underperforming traditional markets in the same time period. Many traders have lost their shirts...Read More
Although the crypto market has posted a slight recovery since Monday’s brutal lows, Bitcoin, XRP, and all other cryptocurrencies remain down dramatically since Saturday’s highs. Case in point: XRP is still trading at $0.21. With this, the cryptocurrency is looking poised to close a weekly candle below crucial horizontal support, potentially marking a further blow...Read More
Although Bitcoin remains up on the year, XRP hasn’t fared as well; the third-largest cryptocurrency, per data from CoinMarketCap, is down over 40% from its $0.34 high seen in the middle of February, posting a small loss since the year started. Unfortunately, analysts across the board only expect XRP to trend lower in the coming...Read More
If you were following cryptocurrency in 2017 and 2018, you likely know of Tiffany Hayden. For some reason or another, she managed to gain a massive following on Twitter — I’m talking about tens of thousands of fervent followers — while discussing XRP and Ripple, touting sentiments like how she expects for the cryptocurrency and...Read More
Last week, Bitcoin bulls celebrated when it was revealed that India’s Supreme Court on Wednesday reversed anti-crypto restrictions placed on the industry by the nation’s central bank, the Reserve Bank of India. This move allowed banks to once again facilitate transactions with and offer services to industry entities once again, “removing a major hurdle for...Read More
Since our last market update, Bitcoin hasn’t fared any better; just minutes ago (as of the time of this article’s writing), the cryptocurrency was trading at $7,700 — the lowest the asset has traded at since mid-January, amid the breakout that brought it as high as $10,500. This means that at the worst of the...Read More
Bitcoin really hasn’t done too well over the past 24 hours. After peaking at $9,200, the leading cryptocurrency has fallen lower and lower, reaching a price as low as $8,150 (the lowest in literal weeks) on Sunday. Despite this, there remain some prominent analysts that suggest BTC is in the midst of forming a local...Read More
Ethereum has had a rough day, with the market-wide downtrend sparked by Bitcoin’s recent selloff leading the cryptocurrency to plummet over 10% as it erases nearly all of the gains that incurred throughout the course of its intense parabolic rally in early-February. One top analyst, however, is noting that the cryptocurrency can still be characterized...Read More
As reported by Ethereum World News just a few hours ago, Bitcoin and the rest of the crypto market haven’t been doing too well. In fact, Ethereum, along with practically all other altcoins, has collapsed over 10% (compared to BTC’s relatively measly 7% loss or so) in the past day alone, marking a brutal loss...Read More
Bitcoin really hasn’t done well over the past day. After printing a false breakout candle on Saturday that brought the price of the asset to $9,200, there was a rapid and violent reversal. What followed was a dramatic and steep downtrend that has taken the price of BTC as low as $8,300 just last hour...Read More
Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days. But according to a trader, ETH may soon rally to fresh local highs above $290 — 20% above the current...Read More
Ethereum’s intense 2020 uptrend turned parabolic in early February when the cryptocurrency rallied to highs of $290, which is where the crypto lost its strength and began plummeting back towards where this rally began. The crypto has been able to find significant support around the lower-$200 region that has bolstered its price action in the...Read More
By Thomas Hauer, Jr.Cryptocurrency giveaway scams have been a problem for those involved in the crypto-community since the last major bull run in late 2017. Whether you’re a seasoned investor or just beginning to get your feet wet in the crypto-space, we encourage all of our customers to educate themselves on current cryptocurrency related scams...Read More
The aftermath of Bitcoin’s recent selloff that sent it reeling down to lows of $8,400 hasn’t been as bullish as investors may have hoped for, as the cryptocurrency has found itself caught within multiple bouts of sideways trading while struggling to gain any decisive momentum. As Bitcoin now hovers within the lower-$9,000 region, analysts are...Read More
The aftermath of Bitcoin’s recent selloff that sent it reeling down to lows of $8,400 hasn’t been as bullish as investors may have hoped for, as the cryptocurrency has found itself caught within multiple bouts of sideways trading while struggling to gain any decisive momentum. As Bitcoin now hovers within the lower-$9,000 region, analysts are...Read More
This past Friday, top cryptocurrency trading platforms Bitfinex and OKEx were both subjected to malicious Distributed Denial-of-Service attacks (DDoS) aimed at disrupting the platforms’ operational efficiency by overwhelming the targeted servers with a flood of fraudulent traffic. Although both platforms successfully thwarted the attacks and have since re-established normal performance, the OKEx CEO is now...Read More
