Crypto news

Bitcoin cash price started a major decline below $650 zone against the US Dollar. The price is now trading below the $600 zone and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $615 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating losses there are chances of more downsides below $540 in the near term. Bitcoin cash price is showing bearish signs below $600 against the US...

INTERNET CITY, DUBAI, Nov. 18, 2021 – LBank Exchange, a global digital asset trading platform, will list Chives coin (XCC) on November 19, 2021. For all users of LBank Exchange, the XCC/USDT trading pair will be officially available for trading at 20:00 (UTC+8) on November 19, 2021. Since the birth of cryptocurrencies such as bitcoin and Ethereum, the discussions of environmental pollution and energy wasting caused in their mining process have never stopped. As a...

European privacy-focused startup, Nym Technologies, has recently raised $13 million from industry investors in its third investment round. a16z and Others Invest In Nym According to an official press release shared with CryptoPotato, the just-concluded investment round was led by the leasing Silicon Valley firm – Andreessen Horowitz (a16z). Nym noted that the fresh cash injection will be used to expand its community and add a dedicated project team just before the launch of...

A man in Cedar City, Utah has been accused by officials of the Federal Bureau of Investigation (FBI) of paying bitcoin to hitmen granted they would be willing to make two people disappear amidst a custody battle. 41-year-old Christopher Pence has been charged by the U.S. Attorney’s Office in the Northern District of New York and faces a maximum sentence of ten years in prison if convicted. Pence Is Looking at a Lengthy Prison Term According to court documents, Pence was...

The popular New York-based cryptocurrency exchange, Gemini, has recently revealed that it is seeking to raise about $400 million in a new funding round. Thus, its total valuation could rise to $7 billion. A Potential $7B Valuation Citing unnamed sources on Thursday, Bloomberg reported that the fundraising will bring the exchange’s valuation to $7 billion. Gemini, spearheaded by the Winklevoss twins, Cameron and Tyler, is set to join the growing list of top crypto-related...

Dunamu is one the biggest cryptocurrency exchanges in South Korea, and now it looks like two of the company’s biggest shareholders – Song Chi-hyung and Kim Hyoung-nyon – have become the nation’s first two bitcoin billionaires. Dunamu Is Big, and So Are Its Shareholders While these individuals may not sound familiar, what they do for a living is likely to ring a bell with several pop culture fans. Chi-hyung is the founder and chairman of Hybe, the agency behind K-pop...

The city of Miami, Florida says it will be one of the first regions in the world to offer “bitcoin yield” to its residents. Mayor Francis Suarez made the official announcement last week and said that crypto staked through Miami’s digital wallets will be used to benefit citizens. Miami Is Moving In a Revolutionary Direction Suarez has long worked to make Miami a major cryptocurrency and bitcoin hub. Not long ago, when several cryptocurrency miners were ungraciously kicked...

Out of Space is a decentralized ecosystem consisting of Trading Terminal, White Listing,  Marketplaces, its own Blockchain, P2P Platform, Crypto Portfolio and Social Network. All elements, applications, tools, and products of the ecosystem are combined by the KYC system and its own utility token, which is used both to pay for all products and dApps in the ecosystem and to support the Out of Space community. The created KYC system allows users to pass the KYC procedure on...

The cryptocurrency market continues to decline as Bitcoin’s price dipped below $57K, while Ethereum reached as low as $3,950 on Binance. This left around $120 million liquidated in just an hour. The bitcoin price is now down 5% in the past 24 hours and 12% in the past week as it dipped below $57K moments ago. This is the lowest BTC has been trading at since October 28th. Chart by TradingViewIn the meantime, Ethereum’s price also took a beating as it dipped below $4K and...

Aladdin Exchange has made it easier for the general public to dive into crypto trading by introducing demo trading. Coming soon on its platform, Aladdin’s Demo Trading, a user can enjoy a free demo account without making a deposit, providing a risk-free trading experience. Aladdin’s Demo Trading will act as a training ground for new traders. It will simulate the market environment with the goal to replicate ‘real’ trading as closely as possible. It will also give users...