Crypto news

Ripple price started a fresh increase above the $0.80 zone against the US dollar. The price is now trading above $0.7500 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $0.8200 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could continue to move up if it clears the $0.8200 resistance level. Ripple price is trading in a bullish zone above $0.7000 against the US Dollar, like...

INTERNET CITY, DUBAI, Feb. 11, 2022 – LBank Exchange, a global digital asset trading platform, has listed ARTi Project (ARTI) on February 9, 2022. For all users of LBank Exchange, the ARTI/USDT trading pair is now officially available for trading. The world has entered the digital age, and the digitalization of art is becoming a new trend across the globe. Adding innovation to art, ARTi Project is here to realize digitalization and decentralization of ownership,...

Cryptocurrency fans may celebrate the entry of their favorite tokens into the mainstream audience thanks to the impact of the Crypto-Bowl. Still, Ethereum lovers have one more reason to rejoice, as trading ETH hasn’t been this cheap in months. This phenomenon extends to L2 solutions as well, with almost all of the most popular infraestructures hittting less than $1 on average to send ETH and between $0.31 and $2.18 to swap tokens —a more complex operation— according to L2Fees...

One River Digital Asset Management has teamed up with the US cryptocurrency exchange giant Coinbase to offer a separately managed account (SMA) platform for wealth management firms. ONE Digital SMA for Crypto Exposure In a press release published on Friday (February 11, 2022), One River Digital launched the ONE Digital SMA for clients of Coinbase Prime. The new offering will enable users with a Coinbase Prime account to maintain ownership of their digital assets while also...

Canadian truckers who are currently fighting against vaccine mandates in their native country have found solace in bitcoin after the fundraising platform GoFundMe halted donation monies they were slated to receive. Canadian Truckers Get What They Need Through BTC Canadian truckers have been gathering in their nation for the last several weeks and have formed what’s come to be known as a “Freedom Convoy.” Truckers are protesting ongoing COVID-19 vaccine mandates in the...

Intel Corp on Friday announced the launch of an energy-efficient super-fast processing chip for blockchain applications. Billed to be 1000x faster than its nearest rivals, Intel’s “blockchain accelerator” will be available to its customers later this year. Intel’s foray into blockchain processing chip making The official release by Raja M. Koduri, Senior Vice President, General Manager, Accelerated Computing System, and Graphics Group, elaborates on the launch of Intel...

The Justice Department has arrested a couple in New York for their alleged participation in a crypto scam that occurred roughly six years ago. Ilya Lichtenstein – age 34 – and his wife Heather Morgan, age 31, have been charged with laundering funds garnered through a massive $3.6 billion cryptocurrency hack that targeted popular digital currency exchange Bitfinex in 2016. The Crypto Space Still Sees Its Fair Share of Hacks Cryptocurrency hacks and thievery in the world...

Michael Cembalest – chairman of investment strategy for financial giant JPMorgan – said in a recent interview that he’s not crazy about bitcoin and the world of crypto, suggesting that despite how much bitcoin expands and how popular it becomes, the currency is not going to rub everyone the right way. Michael Cembalest Can’t Justify Crypto Excitement Throughout the interview, Cembalest stated that the opinions expressed were his own and not those of JPMorgan. He says...

Despite the ongoing geopolitical uncertainty and economic turmoil throughout the world, Bitcoin’s network continues to get more robust. Following a recent spike, its hashrate reached yet another all-time high. It goes without saying that there’s a lot of economic turmoil and geopolitical uncertainty as international tension surrounding the relationship between Ukraine and Russia intensifies. Meanwhile, market participants are eagerly anticipating hinted rate hikes as...

The Taker Buy/Sell Ratio shows that the recent rebound from $33K to $43K has created some positive momentum in the market. On the other side, technical analysis is signaling a correction in the short term. Amid market ambiguity, the best bet is usually to wait it out and see what side prevails as volatility is expected. Technical Analysis  By: Edris Long-Term Bitcoin is still recovering from the 50% crash from its all-time high ( $69K) in November 2021. Recently, the price...