Crypto news

This week was undoubtedly bullish for the entire cryptocurrency market, which came inches away from $2 trillion. This happened as Bitcoin looks to reclaim $60K, Ethereum surged above $2,000, and BNB saw a brand new all-time high. In retrospect, it was up only for the entire market during the last seven days. Bitcoin started trading at around $54K and progressed slowly but steadily through the week. On Monday, the price skyrocketed to above $58K before another leg up Tuesday,...

Early this week, PayPal began allowing cryptocurrency payments through its platform. The company has been on track to become a major haven for crypto-related activity since October of last year, and the platform’s goals just got much more serious. PayPal Says “Yes” To Digital Currency Payments While the service isn’t available to everyone just yet, many of PayPal’s users – when they purchase items – will be given several payment options when it’s time to check out, some...

Bitcoin mining continues to earn hate from environmentalists around the world, as the most recent calculations suggest the process requires more energy than the entire country of Sweden. Bitcoin Mining Gets More Expensive as the Price Expands A new report suggests that the higher the price goes, the more energy is needed to extract and mine new coins. Right now, bitcoin is traversing high $50,000 territory; it recently hit a new all-time high of approximately $61,000....

Ethereum has been on a roll in the past week or so by gaining over $500 of value. This has resulted in a new all-time high reached today of over $2,080. Just a little over a week ago – on March 24th – ETH dropped to a low of $1,520 during a market-wide retracement that drove all crypto assets south. However, the second-largest crypto has decisively reversed the trend since then. In the following nine days, ether added about $500, which led to breaking above $2,000 earlier...

Just a few weeks after IOTA introduced Mana in its testnet platform, the blockchain project has enhanced its trials by releasing a newer version of the Pollen testnet. It will be integrated into two Coordicide modules, which should serve as a major step towards achieving complete decentralization.  In a recent blog post, IOTA announced the release of Pollen v0.5.5, introducing several changes to its network. Most of them are concentrated towards the Coordicide modules, namely...

This week was undoubtedly bullish in the cryptocurrency market. The major coins saw serious increases. The same is true for small-cap cryptocurrencies, as the notion of a booming altcoin season is strengthening. Bitcoin Bitcoin is up by a strong 15.8% this week as the cryptocurrency starts to push back toward the $60,000 level. It found support at the 50-day MA last week, at around $50,200, and started to rebound. Throughout the course of the week, Bitcoin managed to push...

[PRESS RELEASE – Los Angeles, California, 1st April, 2021] Ethernity Chain, the creator of unique NFTs designed by popular artists and authenticated by icons like basketball Hall of Famer Shaquille O’Neal, skateboarding legend Tony Hawk, baseball superstar Fernando Tatis Jr. and licensors like Authentic Brands Group, has partnered with Kenetic, a world-class blockchain firm committed to expanding the development and adoption of blockchain platforms through investments,...

The Bitcoin network continues to become more and more robust. This is confirmed by the expanding computing power put in the blockchain from miners, which has resulted in new all-time highs for the mining difficulty and the hash rate. New ATH for BTC Hash Rate Hash rate is a measuring unit of the processing power on Bitcoin’s blockchain. Essentially, it suggests that when there’re more miners who put their computational devices to work on the network, the metric goes higher,...

[PRESS RELEASE – Please Read Disclaimer] The GreenBond Meter initiative arises from the strategic alliance of three companies, Heimdall Technologies OÜ (Estonia), Nideport S.A. (Uruguay) and already has an interdisciplinary team made up of more than 50 people from different countries, experts in technology and finance and other specialities. This joint venture extends to the financial market, an unprecedented disruptive solution for all those who want to invest in...

Bitcoin cash price started a fresh increase from the $500 support zone against the US Dollar. The price is now trading well above the $520 level and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $500 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is showing a lot of positive signs and it is likely to accelerate higher towards $600. Bitcoin cash price is gaining pace above $525...