Crypto news

Money transfer giant MoneyGram is suspending its partnership deal with Ripple, following the ongoing legal battle between the latter and the US Securities and Exchange Commission (SEC).MoneyGram announced the news of the suspension in its Q4 and full-year 2020 financial results published on Monday (Feb. 22, 2021). As part of its Q1 2021 outlook, the company said:“In addition, the Company is not planning for any benefit from Ripple market development fees in the first quarter. Due to the...

Ethereum price traded to a new all-time high at $2,043 before correcting lower against the US Dollar.ETH price is currently trading well below $1,750 and the 55 simple moving average (4-hours).There was a break below a major bullish trend line with support near $1,840 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue lower towards the $1,640 and $1,600 levels in the near term.Ethereum price is correcting gains from well above $2,000 against the US Dollar. ETH/USD...

Recently, Live Bitcoin News reported that Canada had introduced the world to the first bitcoin-based exchange-traded fund (ETF). The product has only been around for a few days, and already it’s smashing records and has sold more than $165 million worth of shares through the Canadian stock exchange, otherwise known as the TSX.Canada’s ETF Is Making Headway for Other ProductsA bitcoin ETF has been the envy of every major crypto firm throughout the United States and North America over the past...

New York Attorney General Letitia James has announced plans to file suit against a cryptocurrency trading app known as Coinseed, which she claims has been fraudulent and cheating its investors.Coinseed Will Face Action from New York LawmakersCrypto crime is a serious problem and has been around since the world of digital currency was first brought to international attention roughly 12 years ago. The crypto space has been filled to the brim with theft and cyberattacks that ultimately leave...

Ethernity, the digital platform building an NFT ecosystem, has announced plans to launch on the decentralized fundraising platform Polkastarter. The team will conduct a public sale of its ERN token on the permissionless DEX for cross-chain pools and auctions to enable its community to participate in the ongoing NFT craze.Ethernity To Go For a Polkastarter LaunchEthernity is a platform exploring various applications for non-fungible tokens (NFTs) focused on charity, decentralized finance...

Who would have ever thought that the world of blockchain technology and the world of art would ever collide? The past few years have shown that digital artists can, indeed, make a nice living with blockchain’s help, and now Christie’s Auction House is looking to get in on the action.Christie’s Auction House Views ETH with PositivityThe company has recently stated that all art pieces put up for sale or auction in the future can be paid for with Ethereum, the second-largest cryptocurrency by...

[PRESS RELEASE – Please Read Disclaimer]Apron Network has successfully developed a set of node services and successfully launched them on Huobi’s Eco Chain. This is intended to fill the gap of the Heco ecosystem node services while also providing free tools for developers.Apron Network has successfully completed its private sale round. It saw participation by companies such as Republic, AU21 Capital, CMS Holdings, Altonomy, Monday Capital, DFG, NGC Ventures, Vega Ventures, PAKA, Candaq,...

Bitcoin saw some serious whipsaw-like action today, with the market witnessing its most serious correction in February. At the height of the crash, Bitcoin price plunged by 18%, to as low as $47,400 (Bitstamp) before sharply recovering.The cryptocurrency had spiked lower in a wild hourly candle, pushing the market briefly beneath the ascending price channel that it has been trading within throughout February.This comes just a day after it had reached the upper boundary of this price channel...

Today’s correction has been the biggest one we’ve seen in quite some time, reminding many that ‘up only’ isn’t always true. While most cryptocurrencies saw serious declines, but Ethereum’s price on Kraken’s exchange definitely went through a roller coaster.Ethereum Flash-Crashes to $700 on KrakenKraken is one of the leading US-based cryptocurrency exchanges, and it even received a banking charter from the Wyoming Banking Board.This, however, played a little role today as its platform saw...

After 12 years of existence, it was about time for crypto to be recognized as it deserves. Step by step, blockchain technology made its way to public institutions after it conquered vendors and business enthusiasts.With all the issues that came with bank services, no wonder people are so hyped over the idea of crypto payments – which provide users with data and financial security.Tokenization in particular got its spotlight due to all the solutions they offer in terms of fair payments, loans,...