Crypto news

The bitcoin price is really starting to heat up (as if it hadn’t already struck a high point). The currency rose from it’s all-time high of roughly $57,000 per unit to a whopping $61,000 during the early morning hours of Saturday, March 13, 2021, thereby experiencing a price surge that has put all past figures to shame. The currency just keeps booming and booming, and people are anticipating that this bull run is going to last for some time. Bitcoin Has Struck a Stronger...

The largest cryptocurrency trading platform based in the US, Coinbase, has announced the addition of the fourth-largest digital asset by market cap, Cardano (ADA), on its Coinbase Pro version. Inbound transfers are already enabled, while trading will launch “on or after” 9 AM Pacific Time on Thursday, March 18th. The San Fransisco-based crypto giant released a statement earlier today informing that Coinbase Pro users will be able to buy, sell, or store one of the most popular digital assets...

Bitcoin has recently swung into the $60,000 range, thereby spiking to a new all-time high. The currency is stronger than it’s ever been, and many people are now giving it the attention it’s deserved for so long, but that has left many other altcoins – such as Ethereum – out in the dark. Ethereum Is Coming Out Swinging Ethereum is the world’s second-largest cryptocurrency by market cap after bitcoin, and as it’s primary competitor, the asset is consistently seeking to...

Retail investors have finally arrived at the bitcoin scene and have outbought institutions, claimed analysts from the giant multinational investment bank – JPMorgan Chase & Co. By analyzing data on popular retail-oriented brokerages, such as Square and PayPal, they concluded that smaller investors had bought nearly 190,000 bitcoins so far in this quarter.Retail Has ArrivedThe cryptocurrency community speculated for months if or when retail investors would come for BTC. After all, the...

Crypto intelligence company Cipher Trace has announced the release of “Cipher Trace Traveler,” a new Travel Rule designed to assist virtual asset service providers (VASPs) such as exchanges, OTC trading desks and banks in becoming more compliant with financial regulators. Cipher Trace Is Bringing About a New Travel Rule Initial travel rules were suggested by the Financial Action Task Force (FATF), which work to ensure all monetary businesses out there are doing what the...

In an attempt to serve as the next generation of DLT, Polkadot has announced plans to establish decentralized and trustless bridges to enhance interoperability among various networks. Parity Technologies is developing the first generic bridge that will enable all Substrate-based chains to connect and communicate with each other.Polkadot’s Decentralized BridgesThe blockchain project behind the sixth-largest cryptocurrency by market cap announced its latest developments in a press release...

The legal dispute between Ripple and the SEC continues with full force as the payment processor has requested the Commission to produce documents regarding Bitcoin and Ethereum – as they were officially deemed not to be securities.At the same time, thousands of XRP holders have asked the federal judge in charge to serve as third-party defendants as well.Ripple Seeks Documents on BTC and ETHThe latest developments in the Ripple vs. the SEC lawsuit came to light yesterday following a new letter...

ETH/USD – Market Falls Beneath Ascending Price ChannelKey Support Levels: $1755, $1695, $1620.Key Resistance Levels: $1800, $1875, $1940.Ethereum performed well over the weekend, clocking in a fresh March high at $1940 on Saturday. It dropped back below $1900 on Sunday and continued to break beneath the March ascending price channel yesterday with the 5.2% price fall.The price drop caused ETH to head back into previous resistance at $1755, which had provided support for the market throughout...

[PRESS RELEASE – Salt Lake City, Utah, 16th March, 2021, // ChainWire ]CoinZoom, a U.S. regulated cryptocurrency exchange and leading financial technology company, today announced that the CoinZoom Visa card, now supports Apple Pay®, Google Pay™ and Samsung Pay. This provides CoinZoom users with more options for cashless, contactless payments using their smartphone or other devices, while still getting all of the benefits and security of the CoinZoom Visa card.The CoinZoom Visa card is one of...

AAVE, one of the market’s leading lending protocols, brings further offerings to its value proposition. In a recently released announcement, the protocol revealed that they have now enabled Uniswap and Balancer LP tokens to be collateralized on the platform.AAVE currently holds over $5 billion in total value locked, according to data from DeFi Pulse, and it ranks third in terms of this metric, trailing behind Maker and Compound.In a recent announcement, however, the protocol has taken steps...