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Bitcoin Price Analysis: BTC Takes A Major Hit

Bitcoin price started a fresh decline below the $20,000 zone against the US Dollar. The price is now trading below $20,000 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $19,550 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair remains at a risk of more losses below the $18,500 level in the near term. Bitcoin price is struggling below $20,000 against the US Dollar. BTC might extend...

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21Shares Parent Fetches $25M Funding, Post-Money Valuation Hits $2B

21.co, the parent crypto ETF issuer 21Shares, has announced raising $25 million in a funding round led by Marshall Wace. Following the latest capital infusion, the company is now valued at $2 billion. The firm also said that the post-money valuation makes it “Switzerland’s largest crypto unicorn.” The funding round, which was 21.co’s first in the last two years, also saw the participation of Collab+Currency, Quiet Ventures, ETFS Capital, and Valor Equity Partners. The...

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Former Brazilian Economy Minister Joins Binance’s Advisory Board (Report)

Despite the ongoing bear market, the world’s largest cryptocurrency exchange – Binance – continues to expand its team. Henrique Meirelles, who served as Brazilian Central Bank President and Economy Minister of the country, reportedly joined the platform as an adviser. Contrary to Binance, which went on a hiring spree during the crypto winter, many of its rivals dismissed a chunk of their staff in the past few months. Such examples are CryptoCom, Coinbase, Bybit, Gemini, and...

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Bitpanda: Neu kann mit Rohstoffen gehandelt werden! 🔥Investiere in Strom, Benzin und Kafi..

Nach Krypto-Assets, Edelmetallen und danach Derivate Handel auf Aktien und ETFs kommt nun die nächste Assetklasse auf die Invest-Plattform von Bitpanda. Es sind Rohstoffe! Rohstoff-Handel für Private? Exakt und ziemlich cool. Denn bis anhin war es für Privatanleger ziemlich schwierig in Rohstoff und bsp. sowas wie in Kaffee, Kakao oder Weizen zu investieren. Machte man ein Fehler mit Futures, konnte man schnell auf einer echten, physischen...

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Start der nationalen Sensibilisierungskampagne zur Cybersicherheit

Nationale Sensibilisierungskampagne zur Cybersicherheit Die Schweizerische Kriminalprävention (SKP) und das Nationale Zentrum für Cybersicherheit (NCSC) starten gemeinsam mit den kantonalen und städtischen Polizeikorps die nationale Sensibilisierungskampagne S-U-P-E-R.ch zum Thema Cybersicherheit. Cyberangriffe per E-Mail oder Messenger-Nachrichten nehmen zu. Durch eine kritische Prüfung der Nachrichten können die Angriffe erkannt und damit grosser...

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Core Scientific Sold Over 1,100 BTC in August for $26 Million

The Texas-based cryptocurrency mining firm – Core Scientific – produced 1,334 BTC in August and sold 1,125 BTC of that stash for approximately $25.9 million. In June this year, when the crypto market and bitcoin particularly dipped to record lows in years, Core Scientific parted with over 7,000 BTC for around $167 million. One of the leading crypto mining companies announced that August had been a highly successful month for the firm. In the past four weeks, it increased its...

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Why is Trading Volume for ENS Domains Surging?

While overall NFT volume has fallen off a cliff since January, Ethereum Name Service (ENS) domain sales have soared over the past week. The collection is now the most highly traded Ethereum-based collection on OpenSea, beating the likes of both CryptoPunks and Bored Ape Yacht Club (BAYC). What’s behind the collection’s sudden climb to the top of the marketplace? ENS VS NFT Performance According to OpenSea, ENS has generated 876 ETH in sales over the past 24 hours alone, at...

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Circle CEO Thinks Binance’s USDC Exit is a Good Thing

Jeremy Allaire – CEO and co-founder of Circle – isn’t sweating over Binance’s latest decision to stop supporting trades for USD Coin (USDC).  In a thread on Tuesday, Allaire broke down why he thinks the development is not only good for Binance but ultimately a boon to USDC utility and adoption. Binance Converges Around BUSD On Monday, Binance announced that all of its customers’ existing funds held in USDC, USDP, and TUSD would be auto-converted into Binance USD (BUSD) on...

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Elon Musk Shows More Love for Dogecoin

The love affair between Elon Musk and Dogecoin is continuing. Despite falling crypto prices and a market that’s never appeared more uncertain, Musk has emerged in recent days to say Dogecoin is the only digital currency that’s truly worth anything and that the coin doesn’t take itself “too seriously.” He also praised its “transactional output.” Elon Musk and Dogecoin: A Match Made in Digital Heaven Musk has been much fairer to Doge than he has to assets like bitcoin, for...

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Ethereum Classic is a Dead Project: Cardano’s Charles Hoskinson

The feud between the Cardano founder and the Ethereum Classic community appears to have escalated. After an Ethereum Classic proponent accused Charles Hoskinson of attempting to milk the network following the proposed 20% miner tax, the Cardano founder slammed the entire project. In the latest tweet, Hoskinson called Ethereum Classic a “dead project” that serves “no purpose” or “real compelling argument” for its existence. “I love how a sustainable development fund turns into...

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