Crypto news

Bitcoin cash price started a fresh increase above the $440 zone against the US Dollar. The price is now trading above the $450 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $435 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $460 for more gains in the near term. Bitcoin cash price is showing positive signs above $450 against the US Dollar, similar to...

The global provider of secure financial messaging services, SWIFT, is planning to launch an innovative pilot in the first quarter of 2022 that will see it explore interoperability in the nascent asset tokenization market. SWIFT to Test Tokenized Assets Aside from SWIFT, other participants in the initiative will include Clearstream, Northern Trust, Citi-backed enterprise blockchain firm SETL and other industry players, the company noted in a recent announcement. Thomas...

The U.S. government has a big stockpile of bitcoin stored in a secure wallet somewhere. This bitcoin has been garnered through closing down criminal operations and seizing the assets they had in their possession. All this money eventually gets sold off through private auctions. What Does the Government Do With All the Stolen Bitcoin It’s Recovered? One such auction occurred in the year 2018. Riot Blockchain purchased roughly 500 bitcoin units for approximately $5...

[Press Release] Blockster is pleased to announce an exclusive media partnership with EcoX Dubai — one of the largest DeFi, NFT, GameFi, CBDC, Blockchain, digital assets, AI and CyberSecurity ecosystem. This ecosystem includes investors, startups, technology partners, education and events. EcoX’s meetups and events regularly gather the industry’s leading trendsetters. And now you will be able to get all the coverage exclusively on Blockster. Blockster will be providing live...

Telegram may have abandoned its crypto project, but the token lives on. None other than the CEO of the cloud-based instant messaging service Telegram and the creator of the blockchain project, Pavel Durov, is happy that it’s alive and well. TON blockchain had a rough start, but that might be changing soon. The TON Community has announced the partnership of the TON blockchain and Donate, the recently introduced payment service verified by Telegram. TON Community Fetches New...

Bitcoin has come a long way in the short time it’s been here. However, it was initially designed to diversify wealth and limit the gap between the haves and have nots by giving people the financial freedom and independence they had always wanted. Sadly, things haven’t quite turned out that way, as it appears a wealthy one percent – just like we see in standard finance and business – controls much of the world’s bitcoin supply. Bitcoin Hasn’t Distributed Wealth Evenly A...

Key Support levels: $1.3 Key Resistance level: $1.5 ADA did not look back after breaking the descending triangle (in blue) and appears ready for more gains. It has reversed the downtrend with a strong momentum upwards which has taken the price over $1.3. If ADA can turn this level into support, then the next target sits at $1.5, which will act as resistance. Chart by TradingViewTechnical Indicators Trading Volume: Volume was strong during the breakout and remains high. The...

Mike Novogratz – CEO of Galaxy Investment Partners – recently gave his thoughts on Bitcoin’s price volatility going forwards. Here’s what he had to say. On CNBC’s Squawk Box, Joe Kernen pointed out to Novogratz that Bitcoin is up 66% on the year, yet down 30% from its high of $69k. He then asked if institutional adoption would lessen this apparent volatility. “I think volatility is coming down,” responded Novogratz. He recognizes how Bitcoin is relatively stable compared to...

After touting a new bill that would potentially regulate crypto and declare it a new financial sector within the country’s borders, India has announced it will not be moving forward on the bill at this time. To be fair, this doesn’t mean a ban will be put in place. It just means officials are delaying a decision that was supposed to be made during this winter season in India’s Parliament. India Has Hit a Standstill News emerged less than a month ago that India had...

Adam White – the 3+ year President of Bakkt – has announced that he is leaving the company. His future plans remain a mystery. White announced his upcoming departure in a tweet earlier today. He showed satisfaction with the crypto industry’s maturation from a regulatory standpoint. “Lots of work still to do here but never been more optimistic about the future,” he said. Bakkt is a digital asset manager that started by helping institutions securely hold cryptocurrencies, among...