Crypto News

After Buying Bitcoin at $800 in 2016, Mexico’s Second-Richest Man Doubles Down

The Bitcoin billionaire bandwagon has another representative in the likes of Mexico’s second-wealthiest man – Ricardo Salinas Pliego. He recently highlighted the problems with fiat currencies, especially in Latin America, and clarified that his first BTC purchase came four years ago. Mexican Billionaire Points Out Fiat Problems According to a Forbes publication from earlier this...
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Market Watch: Bitcoin Records Highest Ever Market Cap, ATH Price Next?

Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its...
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What Do We Say to People Telling us Not to Buy Bitcoin? Not Today: Arya Stark Actress on Board

Despite receiving nearly 500,000 answers telling her not to “go long on Bitcoin,” the actress portraying Arya Stark in the legendary Game of Thrones TV series, Maisie Williams, has gone against their advice and actually purchased bitcoins. Williams Defies The Critics And Buys Bitcoin As reported yesterday, the 23-year old actress took it to Twitter...
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Bitcoin Price Swings $1,000 in Minutes Following a Shot at $18,000

SpaceX’s Crew-1 spaceship flew 4 astronauts to space yesterday. But it seems the shuttle also dragged the bitcoin and cryptocurrency market along with it. As in what happens to be a revisit of 2017, BTC smashed past the $18,000 price mark pushing the total digital asset market cap north of $500 billion. The excitement was...
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Can Zcash Halving Finally Revive Depressed ZEC Prices?

The maiden halving event will cut the Zcash inflation rate from 25% to 12.5%, which is significant because the privacy-focused altcoin has been hampered by high inflation since its inception in 2016. A series of halvings every four years beginning with today’s one in around six hours’ time which will decrease inflation substantially. Zcash block...
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DDoS Attack Against Brazil’s Electoral System Costs $1000 in Bitcoin (BTC)

If you have some Bitcoin in your wallet – and you live in Brazil – you can attack your country’s electoral infrastructure and bring the public institutions to their knees while people express their anguish as they wait for the results of a critical election to measure the leadership of the current president, deemed the...
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Last Time Bitcoin Broke $17K The Way To $20K ATH Was Quick

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...
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Bitcoin Price Goes on Insane Rally Beyond $17,000: Here’s Why and What’s Next

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...
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XRP Facing Crucial Resistance at $0.30, First Time in 76 Days (Ripple Price Analysis)

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...
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ConsenSys Has Acquired The Blockchain Toolkit Developer Truffle Suite

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...
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Can Blockchain Technology Eradicate Voting And Election Issues? MIT Says No

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...
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500,000 BTC Worth $8.5 Billion Currently Owned By Grayscale

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...
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Twitter Appoints Hacker Pieter Zatko As Its Head Of Security

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...
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Game of Thrones’ Maisie Williams Wonders If She Should Long Bitcoin: Elon Musk Responds

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...
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Samsung Will Use The Blockchain to Protect The Files Shared by Its Users

The electronics giant Samsung may be working on a blockchain-based application to facilitate a secure way to transfer files, data, and information. Although Samsung has not given further details, sources specialized in the topic revealed that the company is developing a software called Private Share, which uses the blockchain to prevent file receivers from using...
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Uniswap Loses Over $1 Billion in Liquidity as UNI Farms Finish

Uniswap is hemorrhaging collateral today as November 17 marks the final day of its liquidity mining program. In less than 24 hours, over $1 billion, or 40% of its liquidity, has left the protocol dumping it down to third place in the TVL charts. CryptoPotato predicted this would happen if Uniswap governance did not hold...
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Moderna COVID-19 Vaccine News Sends Bitcoin To a New 2020 High

The situation around a possible vaccine for the novel coronavirus COVID-19 continues to develop. Today, Moderna Therapeutics, one of the world’s largest pharmaceutical companies, announced that its preliminary data shows its coronavirus vaccine is more than 94% effective. This sent its stock price higher and major indices, which are all trading in the green following...
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Chinese Bitcoin Miners Can’t Pay Power Companies as Government Reportedly Freezes Bank Cards

The ongoing assault on money laundering in the Chinese telecoms and crypto industry has seen Bitcoin miners facing difficulties in paying electricity bills as banks freeze cards associated with cryptocurrency transactions. Three-quarter of Chinese Bitcoin Miners Can’t Pay for Electricity According to a local news outlet, in a tweet thread on November 16, 2020, Chinese...
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Ethereum Price Analysis: ETH Facing Huge Resistance On Its Way To $500

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $462.50, $475, $490. Etheruem reached as high as $475 last Friday, where it hit the resistance at the September high-day close. From there, it headed lower over the weekend, which was largely due to Bitcoin dropping back beneath...
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Bitcoin Price to Reach $318K by December 2021 as the New Gold, Citibank Director Says

Bitcoin is the new gold, said Thomas Fitzpatrick – a Managing Director in the giant multinational bank Citibank. He also predicted that BTC could skyrocket to $318,000 per coin in the upcoming 13 months by exploring several historical price cycles and the ongoing economic uncertainties. Bitcoin Is The Gold Of The 21st Century Fitzpatrick has...
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IBM Enters a Blockchain-Focused Partnership Aimed at the Clothing Industry

Tech giant IBM is partnering up with the textile company KAYA&KATO to create a blockchain-based network to track sustainable clothing production. The platform is to bring transparency to the creation process of the product. A Blockchain Network For The Fashion Industry And Eco Production The new partnership between IBM and KAYA&KATO will also be supported...
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KuCoin To Launch A Non-Fungible Token (NFT) Exchange

Hong Kong-based cryptocurrency exchange KuCoin aims to enter the non-fungible token market as its liquidity trading platform Pool-X will open deposits of NFT assets starting November 16th. Pool-X will launch an exchange platform designated for NFT tokens in the upcoming months. KuCoin To Launch An NFT Exchage According to the announcement from earlier today, the...
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Market Watch: Bitcoin Gained $500 Since Yesterday, Heading to 2020’s High

Bitcoin has overtaken the $16,000 price tag after struggling to remain above it during the weekend. Large-cap altcoins have fallen behind with slight decreases, while the DeFi field sees high volatility once more. Bitcoin Reclaims $16K As reported last Friday, Bitcoin’s impressive performance as of late took the asset towards a fresh yearly high of...
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Bitcoin Price Analysis: BTC Tests Critical Support, Correction To $15K Incoming?

Bitcoin’s price is now back on the key S/R zone (top green bar) between $15,900 and $15,860, as low weekend trading volume puts the brakes on bullish momentum. Since setting a new high of $16,475 on November 13, the leading crypto has printed 4 consecutive lower highs over the 4-hour time frame and is now...
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Ripple Price Analysis: XRP Bulls Finally Wake Up and Break Above $0.27, What’s Next?

XRP/USD – Bulls Finally Break October Range Key Support Levels: $0.27, $0.261, $0.251.Key Resistance Levels: $0.271, $0.28, $0.286. XRP surged by 6.8% over the past three days, which allowed the coin to break above the upper boundary of a 2-month-old range at $0.261. This resistance was provided by a bearish .5 Fib Retracement and prevented...
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Cryptocurrency Crime Reduced By 60 Percent in 2020 but DeFi Hacks Exploded

In 2019, cryptocurrency-related crime – thefts, hacks, fraud amounted to $4.5 billion. The latest data from blockchain forensics company CipherTrace shows that this number has fallen to $1.8 billion this year – a 60 percent reduction. Nonetheless, the DeFi space has seen an explosion in criminal activity. Mainstream Cryptocurrency Crime Declining Says CipherTrace In a...
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Market Watch: DeFi Tokens Skyrocket As Bitcoin Price Stopped By $16,000

Although BTC has recovered from the two dips beneath $16,000, so far over the weekend, the asset struggles with decisively reclaiming the coveted price level and the area between $16,000 – $16,250. Larger-cap altcoins have also lost some steam, but DeFi tokens have surged in value. Bitcoin Stalls Around $16K Bitcoin’s impressive performance as of...
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US Senator Cynthia Lummis: Bitcoin is Going to be an Important Player for a Long Time To Come

Americans have just elected Cynthia Lummis (R) as their first female pro bitcoin senator, and she seems ready to make history. Lummis (R) became senator-elect from the state of Wyoming after beating the democrat candidate Mike Enzi. She has a long and well-known career in politics, but few know about her proud past as a...
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$1,200 US Stimulus Check Is Now Worth Almost $3,000 If Invested In Bitcoin

It has been roughly seven months since the US government sent the first stimulus checks worth $1,200 to many citizens. Interestingly, that amount would now be worth nearly $3,000 if invested in Bitcoin as the asset price has significantly appreciated since then, unlike the dollar. Stimulus Checks: The History World governments were caught by surprise...
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Ethereum Price Analysis: ETH Bulls Stopped by $475 Resistance, is $500 Still In Play?

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $475, $490, $500. Ethereum managed to surge higher from the resistance at $462.50 (bearish .886 Fib) yesterday as it pushed into the $475 resistance provided by the September High-Day closing price. Unfortunately, the coin was unable to continue...
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Bitcoin (BTC) $ 95,966.71 4.32%
Ethereum (ETH) $ 3,664.18 10.12%
Tether (USDT) $ 1.00 0.13%
Solana (SOL) $ 242.44 4.99%
BNB (BNB) $ 645.14 5.09%
XRP (XRP) $ 1.47 5.10%
Dogecoin (DOGE) $ 0.401856 3.95%
USDC (USDC) $ 0.999921 0.06%
Cardano (ADA) $ 1.01 5.43%
Lido Staked Ether (STETH) $ 3,659.22 10.08%