Crypto news

The President of the Federal Reserve Bank of Minneapolis – Neel Kashkari – opined quite negatively on the crypto industry and especially bitcoin. He referred to many digital assets as “garbage” and claimed they are “complete Ponzi schemes.” Kashkari’s Hostile Stance on Crypto During an appearance at the Pacific NorthWest Economic Region annual summit in Big Sky, Mont., the President of the Federal Reserve Bank of Minneapolis – Neel Kashkari – heavily criticized bitcoin and...

18th August 2021 Malta: QuickX is known for having strategic partnerships with the leading names of the crypto industry. Starting from Tangem to Simplex to Coinomi to Margin and the list goes on and on. Now QuickX’s CNexchange has recently partnered with Mercuryo. With Mercuryo, the users of CNexchange get an additional option to buy cryptocurrency from. Prior to this, CNexchange had already embedded two options to buy cryptocurrency from, namely Simplex and MoonPay....

Paris Saint-Germain have signed an exclusive three-year regional partnership agreement with www.Playbetr.com, one of Latin America’s leading online betting providers. The Parisian club is now one of the most popular clubs in Latin America, particularly in Brazil, which is the home country of many of its former and current players. Playbetr will thus benefit from the ever-increasing popularity of one of the world’s most influential sports clubs in Latin America and will...

The number of cryptocurrency-related companies aiming to go public continues to increase, with the latest example being Iris Energy Pty. The firm, focused on green Bitcoin mining, has filed with US regulators for a direct listing on Nasdaq this year. Based in Sydney, Australia, Iris Energy is a Bitcoin mining firm that “owns and operates real assets, including data center infrastructure, powered by renewable energy.” According to a press release dated August 18th, the company...

The bears have returned to the crypto market and have pushed bitcoin south to around $45,000. The alternative coins, which flew high recently, have struggled even more. ETH is close to breaking below $3,000, ADA is just above $2, and BNB is down to $400. Bitcoin Dropped to $44.5K Ever since the Saturday retracement in which bitcoin dropped below $46,000, the cryptocurrency’s price performance seemed rather healthy. In fact, BTC jumped and touched $48,000 on Sunday for the...

BTC’s weekly close above the 21-week and 200-day moving averages flashed the largest technical buy signal since April 2020, marking a major step forward for potential bull market continuation. Although this is a very bullish signal for BTC, it is important to see follow-through higher in the weeks ahead to validate it. Chart by TradingViewThere has been a bearish divergence forming on the 4-hour and daily BTC chart for over a week, signaling near-term caution on the...

Tron price started a fresh increase above the $0.0800 resistance against the US Dollar. TRX price is now trading near $0.0850 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0815 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0810 and $0.0800 support levels. TRON price is trading in a positive zone above $0.0800 against the US Dollar, similar...

The world’s leading cryptocurrency exchange has appointed Greg Monahan – a former US Treasury Criminal Investigator. Monahan will serve as Binance’s new Global Money Laundering Reporting Officer. The company announced its latest hiring in its attempts to comply with global watchdogs in a press release shared with CryptoPotato. It explained that Monahan has a 30-year of experience in credit government service, with a large part being as a US Treasury Criminal Investigator. He...

INTERNET CITY, DUBAI, Aug. 17, 2021.— LBank, a global digital asset trading platform, will list HODL on August 20, 2021. For all LBank users, the HODL/USDT trading pair will be officially available for trading at 21:00 (UTC+8) on August 20. Decentralized finance is playing an increasingly important role in the crypto world. It is unsurprising that DeFi projects are gaining ever greater popularity. One of these projects is called the DeFi Coins Protocol. Another important...

Bitcoin price failed to clear the $48,000 resistance against the US Dollar. The price is now trading below $46,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $45,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue lower towards the $43,750 and $42,500 support levels in the near term. Bitcoin price is losing pace above $45,000 against the US Dollar. BTC...