The number of cryptocurrency-related crimes in the United Kingdom has significantly surged in the first nine months of 2021 comparing to last year, reads a recent report. The local police warned that bad actors often use a fake celebrity endorsement to lure people in. Youngsters Are The Most in Danger According to a recent Bloomberg coverage, there have been 7,118 reports of schemes related to digital assets in the UK between January and October this year. Victims parted out...
Read More »Decoin Exchange Launches New Social Trading Platform
[Featured Content] The cryptocurrency market has expanded disproportionally throughout the past year and it’s currently valued at more than $2.4 trillion. What used to be a small niche industry is now a force to be reckoned with and more people are jumping on the bandwagon Data from CoinGecko reveals that the daily trading volume is also in the hundreds of billions, showcasing a serious interest when it comes to trading cryptocurrencies. This has especially been the case in...
Read More »Coinbase Is Building a Whole New Platform Devoted to NFTs
Coinbase – one of the biggest and most popular cryptocurrency trading platforms in the world – has announced it is developing an entire marketplace devoted to non-fungible tokens (NFTs). Coinbase Is Growing Through Its New NFT Market The non-fungible token world is growing every day. With so many sports-related events and even artwork now being tied to NFTs, individuals have found a way to ensure all their memories and important moments are recorded permanently to the...
Read More »Binance Burns Almost $640 Million Worth of BNB Tokens
Binance recently completed its 17th token burn. Over 1 million BNB were removed from circulation, comparable to previous burns. However, due to increased token value, this is the highest value burn of BNB to date. Binance announced the recent burn on their site earlier today – the 17th burn since the first in October 2017. According to the exchange, 1,335,888 BNB were removed. In dollar terms, this equals $639,462,868 at the time of the burn. Specifically, 1,318,049 BNB were...
Read More »Stellar Lumen (XLM) Price Remains In Uptrend Above $0.40
Stellar lumen price started a steady increase above $0.3200 against the US Dollar. XLM price is now trading above $0.3500 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $0.3700 on the 4-hours chart (data feed via Kraken). The pair could continue to rise if there is a clear break above the $0.4000 resistance zone. Stellar lumen price is trading well above $0.3500 against the US Dollar, similar to bitcoin. XLM price...
Read More »Eric Rosengren: A Digital Dollar Could Be Great for the U.S.
Eric Rosengren – the former president of the Federal Reserve Bank of Boston – stated in an interview that he is quite fond of the idea of a digital dollar. He thinks the United States would benefit greatly from using such a tool, and he’s convinced it will not get in the way of bitcoin’s path towards greatness. Eric Rosengren Thinks a Digital Dollar Could Work for the Country If only China could have such an attitude. One of the big reasons, analysts speculate, why China...
Read More »Wild Pack Beverage Company Says “Yes” to Crypto Payments
Wild Pack Beverage Inc. has become the latest company to begin accepting bitcoin and crypto payments for products and services. Wild Pack Brings the Crypto Payment World Closer to Reality This has become a growing trend as of late. No doubt, the cryptocurrency space is becoming much stronger and heading deeper into mainstream territory as more and more view the asset space as something that is not only valid, but necessary. However, things didn’t start out on that path....
Read More »Bitcoin Tapped $63K Amid Latest ETF Developments: BTC Dominance at 3-Month High
The latest developments in the US claiming that a Bitcoin ETF might be just around the corner pushed the cryptocurrency to $63,000 hours ago. Most altcoins have failed to follow their leader north, and the BTC dominance reached a near three-month high. Bitcoin Came $2K Away from ATH On October 13th – just three days ago – the primary digital asset had dipped below $55,000 after getting rejected at the $58,000 level. The situation quickly changed in the following days, and BTC...
Read More »Bitcoin Cash Analysis: Bulls Eye Break Above $650
Bitcoin cash price started a major increase above the $550 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $602 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $635 and $650. Bitcoin cash price is showing positive signs above $600 against the US...
Read More »Institutionelle Investoren erhöhen ihre Bitcoin-Investments
Der BTC-Kurs befindet sich weiter im Aufwind. Mit mehr als 57.500 US-Dollar pro BTC nähert sich der Preis seinem Allzeithoch langsam, aber stetig. Die Inflows für den Markt zeigen seit 8 Wochen ein klares Plus und erreichten in dieser Woche ein neues Hoch für die zweite Jahreshälfte. Bitcoin News: Institutionelle Investoren erhöhen ihre Bitcoin-InvestmentsInnerhalb der letzten 8 Wochen haben Investoren mehr als 638 Millionen US-Dollar in den BTC gepumpt. Nur während der Rallye in der ersten...
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