Bitcoin (BTC)

Litecoin price surged above $85.00 and traded as high as $94.09 against the US Dollar.LTC price started a sharp downside correction below $80.00 and the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $71.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains well supported as long as there is no close below the $70.00 support zone.Litecoin price is currently correcting gains from $94.00 against the US Dollar,...

So you bought some Bitcoin this week? How about a big red candle to celebrate Thanksgiving?After showing the fastest growth of the year, Bitcoin finally corrected, losing over $1000 in about 3 hours.At 0:00 UTC, Bitcoin was trading at $18869 on Coinbase. The price represented a breath of fresh air for traders and Bitcoin enthusiasts who were expecting a new ATH but were surprised by a downward correction on the afternoon of November 25th.Bitcoin embarked on a sharp correction, losing around...

Founded in 1999, SBI Group is a financial services company based in Tokyo, Japan. Apart from offering numerous traditional financial services, the SoftBank Group subsidiary announced today a new cryptocurrency-related endeavor.SBI Group has introduced a digital asset lending service through its cryptocurrency arm – SBI VC Trade.The statement informed that the platform, dubbed VC Trade Lending, will initially support only Bitcoin. However, plans include adding support for Ether (ETH), Ripple...

Amidst the excitements of BTC hitting an all-time high, Bitcoin bull and ex-hedge fund manager Mike Novogratz said, in an interview with Yahoo Finance, that Bitcoin was designed for every investor. “Bitcoin is for everyone,” he said, adding that “Everyone should put 2% to 3% of their net worth in bitcoin and look at it in five years, and it’s going to be a whole lot more.”Novogratz is also a former partner at Goldman Sachs and a former manager of Fortress Investment Group. In 2012,...

A cryptocurrency-based cyberattack has made its way into the offices of GoDaddy, an web domain provider. The big clincher is that the company’s employees were utilized to do the job.GoDaddy Compromised; Crypto Site Traffic Misdirected2020 has been the year of many things when it comes to crypto. It’s been the year of a mega bull run in the middle of a widespread pandemic. It’s been the year for institutions getting involved in bitcoin, but it’s also been the year of cyberattacks in many ways....

Coinbase verwaltet 20 Milliarden US-Dollar Mit dem steigenden Bitcoin-Preis werden auch die zahlreichen Bitcoin-Börsen reich. Coinbase hat jüngst bekannt gegeben, dass das Unternehmen aktuell Krypto-Werte mit einem Gesamtvolumen in Höhe von 20 Milliarden US-Dollar. Erst im vergangenen April sind nach Angaben der US-amerikanischen Kryptobörse Coinbase rund 14 Milliarden US-Dollar hinzugekommen. Dieser beeindruckende Zuwachs resultiert aus...

PayPal users who use the service for high-frequency crypto trading should be cautious about having their accounts banned. One Redditor reportedly learned this lesson recently with the payment giant placing a 180-day hold on his purse that still has about $462.Apart from the likelihood of users facing account closures for trading crypto on PayPal, the situation also brings to light some deficiencies in the company’s customer service, which may present issues for cryptocurrency owners.PayPal is...

Money on Chain and RSK are further making the case for BTC being the hub around which defi revolves, the future is looking bright for Bitcoin.Money on Chain, known for its Bitcoin-collateralized, dollar-pegged stablecoin DoC, has announced the launch of a new decentralized token exchange called TEX. Built on Bitcoin smart contract sidechain RSK, TEX automates token swaps using smart contracts and gives traders access to assets such as DoC, defi token BPro, RSK’s RIF token, and bitcoin-pegged...

Analysts and industry experts have been jumping back and forth about where they think the future of bitcoin lies. The currency has been booming like it never has before, jumping beyond the $18,500 line and surging to its highest position since late 2017. Some are convinced that the bull run is going to continue well into 2021, and that the asset is likely to hit a new all-time high.Bitcoin Has MaturedMore than anything, the question that’s likely on every analyst’s mind is whether things are...

It looks like everyone has been so obsessed with bitcoin as of late that people have forgotten about some of the smaller coins that the asset is known to compete with. Currencies such as Ethereum, Litecoin, Ripple’s XRP and Chainlink.Ethereum and Smaller Assets Are Also BoomingTo an extent, we can’t blame individuals for looking away considering how well bitcoin has been doing. The currency has reached its highest point in three years and is presently trading for well over $18,500. At the...