Crypto news

Bitcoin cash is attempting a fresh increase from the $112 zone against the US Dollar. The price is now trading above the $115 zone and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $115 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must clear $120 and $122 to continue higher in the near term. Bitcoin cash price is climbing above $115 against the US Dollar, similar to bitcoin. BCH/USD...

As the valuation of cryptocurrencies wanes across the board, so do the revenues of platforms dealing with them. Although primarily a stock trading platform, Robinhood added crypto to its portfolio back in early 2022. At the time, over 1.2 million people were on the waiting list to get a piece of the digital asset pie. Unfortunately, the crypto market took a tumble shortly after – and the company’s revenues did too. Stocks Are Up, Crypto Is Down According to Robinhood’s...

SKYWARD, the native token of NEAR-based platform Skyward Finance, plunged by 95% after the protocol’s treasury lost $3 million in a smart contract exploit. The attack occurred in the late hours of Wednesday and was first reported by Twitter user Sanket Naikwadi before Skyward Finance publicly acknowledged the incident.  How it Happened According to Naikwadi, the exploit was first noticed by NearScout, a member of the NEAR blockchain community. The attackers were able to make...

Fidelity –  a $4.5 trillion asset manager– said this fall that some of its 401(k) retirement plans have begun adding Bitcoin to their investment menus. Similarly, San Francisco-based 401(k) provider ForUsAll said that 50 of its 550 clients started letting workers put their retirement savings in Bitcoin and Ethereum about eight weeks ago.  Here’s what market participants have to say about the emerging trend. Crypto for Retirement: Is it Popular? When Fidelity first announced...

Polygon (MATIC) was among the best performers in the top 20 cryptocurrencies in the last 24 hours. The token gained nearly 17% and traded at $0.98 for the first time since mid-August.  Although its valuation has retraced to $0.95, here are three possible reasons behind MATIC’s impressive 17% increase.  MATICUSD. Source: TradingViewMeta Picks Polygon for NFT Minting On November 2, Ryan Wyatt, CEO of Polygon Studios, announced that Meta, the parent company of social media...

Software utilized in bitcoin mining projects is about to get its first major upgrade in roughly ten years, and financial companies – including Block (formerly known as Square) are looking to take advantage. Bitcoin Mining Needs to Undergo Some Changes One of the big issues surrounding bitcoin mining is that it operates on a proof of work (PoW) protocol, which many environmentalists think could lead the planet into a dark corner. Proof of work allegedly requires more...

Investment giant Fidelity appears to finally be granting its retail investors access to Bitcoin and Ethereum trading.  The $4.5 trillion asset manager has established an early access waitlist for users to trade both assets, bringing potential crypto access to 34 million investors. The service, titled Fidelity Crypto, will also provide investors with beginner-friendly educational resources about the crypto industry. Users will be able to trade stocks within the same app....

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.

Checking if the site connection is secure Enable JavaScript and cookies to continue www.coinspeaker.com needs to review the security of your connection before proceeding.