Crypto news

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The Novotel Bahrain Al Dana Resort – one of the most luxurious hotel spots in Manama, the capital of Bahrain in the Middle East – has announced it will be accepting crypto payments for items like room stays and other vacation staples. A Luxury Hotel in Bahrain Is Accepting Crypto The move is pushing the goals of bitcoin and its digital counterparts closer to being achieved. What many people likely forget is that while bitcoin and many of its crypto cousins have taken on...

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As if the traditional banking system isn’t causing enough troubles, a DeFi lending protocol called Euler Finance was also hit by a flash-loan attack. The damage equates to almost $200 million worth of staked ether, USDC, wrapped BTC, and DAI. Euler Finance is a decentralized lending protocol that was most recently exploited for a whopping $197 million in total. The breakdown of the funds is as follows: $8.7 million worth of the decentralized stablecoin DAI, $34 million worth...

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Stellar lumen price is facing a major resistance near the $0.085 zone against the US Dollar. XLM price is now trading above $0.078 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.0805 on the 4-hours chart (data feed via Kraken). The pair could start a decent increase if it clears the $0.0845 and $0.085 resistance levels. Stellar lumen price is trading above $0.0800 against the US Dollar, similar to...

Ripple price started a fresh decline from the $0.400 zone against the US dollar. The price is now trading below $0.3850 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.3750 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it stays below the $0.3840 resistance zone. Ripple price is struggling below $0.3840 against the US Dollar, similar to bitcoin. XRP price...