Crypto news

Ethereum price started a fresh increase above the key $2,000 resistance against the US Dollar. ETH price is now trading well above $2,000 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $2,220 on the 4-hours chart (data feed from Coinbase). The pair is correcting gains, but it might find bids near the $2,000 zone. Ethereum price is showing positive signs above $2,000 against the US Dollar. ETH/USD rallied...

Vlad Tenev – the Chief Executive Officer of Robinhood – revealed that the company is looking to provide its customers with more cryptocurrency services such as a digital wallet. However, he did not specify when the firm would implement the new offerings. Is Robinhood Expanding Its Crypto Scope? The American financial services company – Robinhood Markets Inc. – is reportedly planning to offer more cryptocurrency options to its nearly 18 million users. During a recent public...

Bitcoin bull Jack Dorsey hopes that bitcoin and cryptocurrency can potentially lead to a world of fewer or maybe even zero conflicts. In a recent interview, he stated that he is hoping bitcoin can potentially lead to “world peace.” Jack Dorsey Wants BTC To Contribute to a Calmer Planet The CEO of both Twitter and Square suggested in a recent interview that the power of cryptocurrency could potentially lead to a calmer and less aggressive planet by lessening financial...

An Amazon spokesperson has said that the earlier reports of the company planning to accept Bitcoin and to investigate the issuance of its own token next year are false. Previously, a report from City AM, citing Amazon insiders, claimed that the world’s leading online retailer plans on accepting Bitcoin and to investigate issuing its own token in 2022. The report went even further, saying that: This isn’t just going through the motions to set up cryptocurrency payment...

PlanB, a quantitative Bitcoin analyst and the creator of the popular stock-to-flow (S2F) model, is still very much bullish about the future of the leading cryptocurrency.  The drop in bitcoin’s price within the last three months has raised many questions among crypto traders and analysts on whether or not the bull market is still intact. However, PlanB is unconcerned about the current market trends, and he is looking ahead to what’s to come.  For clarity, the stock-to-flow...

The bitcoin bear market appears to be lasting forever, and according to a new report from JPMorgan, it is going to take quite a bit of effort to pull the crypto space out of its present slump. JPMorgan On What Needs to Happen to Bring BTC Back Up Bitcoin has been down for the count for the past several months. The world’s number one digital currency by market cap hit a real snag about three months ago when it struck a new all-time high of $64,000 per unit. This may have...

Tether just issued a brief response to a Bloomberg article published earlier today, alleging that the company’s executives are facing a criminal probe into Bank Fraud.  Tether implies that Bloomberg’s claims are recycled, pointing out that the article is based on unnamed sources and stale, years-old allegations. The stablecoin issuer considers the article as part of a continued effort to discredit them while being “patently designed to generate clicks.” Tether says that they...

Hester Pierce – playfully known as the “Crypto Mom” thanks to her loose attitude towards digital currencies – has had it with the government agency she works with – the Securities and Exchange Commission (SEC) – and all the people in it working to prevent a bitcoin or crypto-based exchange-traded fund (ETF). Hester Pierce: The SEC Is Too Slow Bitcoin ETFs have been all the rage for several years amongst crypto heads. They all think an ETF will be the next revolutionary...

[PR – Kingstown, Saint Vincent and the Grenadines, 26th July, 2021] Dot.Finance, aka. The House of DeFi is excited to announce its PINK token will be listed on MXC. The exchange will help create more liquidity for PINK and highlight the potential of this DeFi aggregator for the Polkadot ecosystem. Trading will go live on July 20, and the team will add new maximizers pools to Dot.Finance. Dot.Finance positions itself as a powerhouse in the decentralized finance sector. Its...

A new survey conducted by the Independent Reserve revealed that 43% of the residents of Singapore own digital assets. 46% asserted they would purchase virtual currencies in the next year. Singaporeans Are Keen on Crypto The Australian trading venue Independent Reserve (IRCI) surveyed 1,000 participants to determine the level of cryptocurrency adoption in Singapore. Per the statistics, 43% of the locals already own crypto. Taking a closer look, the results showed that the...