Crypto news

Bitcoin cash price started a major increase above the $580 zone against the US Dollar. The price is now trading above the $600 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $592 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair is consolidating gains and it could eye more upsides above $615 and $620. Bitcoin cash price is showing positive signs above $595 against the US...

SushiSwap, the popular decentralized exchange that saw the light of day last year, will enter the non-fungible token and metaverse spaces. It will do so by releasing a platform aiming to combine the best from both worlds and the initial v0 campaign will go on for ten weeks. Shoyu Comes to Life The press release shared with CryptoPotato informed that the name of the new initiative is Shoyu and the official launch date is November 3rd. This comes just five months after the...

Joseph James O’Connor, one of the perpetrators of the massive Twitter hack last year, has been charged with yet another crime that involves the theft of $784,000 worth of cryptocurrencies via a SIM swapping scam. Charged With Crypto Theft Reuters reported that U.S. prosecutors in Manhattan said the fraudulent scheme, which ran from March to May 2019, saw the 22-year-old alongside his accomplices targeting three cryptocurrency company executives. The prosecutors noted that...

Michael Saylor – the man behind software firm MicroStrategy – has become a certified BTC billionaire. Saylor Has a Lot of Bitcoin Both Saylor and his company have done remarkable well when it comes to bitcoin investments. MicroStrategy has continued to invest in the world’s number one digital currency by market cap, adding approximately 9,000 individual units during the September quarter alone. Overall, MicroStrategy owns about 114,000 units of BTC at press time, all of...

Peter Thiel – a tech billionaire and the co-founder of PayPal – said in a recent interview that bitcoin’s recent price surge is a massive sign of incoming inflation, which apparently is getting worse by the minute. Peter Thiel: Bitcoin Is Now a Victim of Inflation In a recent interview, Thiel said the economy was facing a major crisis, and that inflation was the highest it has been in roughly 13 years. He commented: You know, $60,000 bitcoin, I’m not sure that one should...

Eric Adams – New York’s newly elected mayor – has just confirmed that he will accept his first three paychecks in Bitcoin. This comes shortly after the mayor delivered an electoral victory speech promising to make New York “a center for Bitcoin.” In New York we always go big, so I’m going to take my first THREE paychecks in Bitcoin when I become mayor. NYC is going to be the center of the cryptocurrency industry and other fast-growing, innovative industries! Just wait! —...

Madhur Deora – CFO of Paytm – recently said that his company might enable Bitcoin offerings if it gains permission from Indian regulators. Paytm is one of India’s largest mobile payment platform, meaning over 330 million users could gain access to simplified Bitcoin payments if the company follows through. Waiting on Regulator’s Permission The CFO hinted at possible Bitcoin services in an interview with Bloomberg this Thursday. In conversation with Haslinda Amin and Rishaad...

Recently, LBank Exchange held an AMA session with the Polygon team, discussing Polygon’s achievements, collaborations, NFT and Gaming markets, Nightfall solution, future plans and so on. Here’s the summary of this AMA. Ethereum is the blockchain development platform of choice, but it has limitations such as low throughput, poor UX, and no sovereignty. As a protocol and a framework for building and connecting Ethereum-compatible blockchain networks, Polygon breaks through...

Erstes Büro in der Schweiz: Bitmex plant nach Europa zu expandieren. Das sind mal News, denn Bitmex ist eine der granz grossen Bitcoin-Börsen. Erhält die Schweiz endlich eine echte Bitcoin-Börse? Mit Hauptsitz auf den Seychellen, einem Inselstaat im Indischen Ozean, ist Bitmex eine der weltweit führenden Kryptobörsen für Bitcoin-Derivate. In einer Mitteilung am letzten Sonntag gab das Unternehmen bekannt, im Januar 2022 ein Büro, entweder in Zug...

Since the blockchain technology and crypto have become the power of next industrial revolution in recent years, Africa has been making concerted efforts to ensure inclusion in the conversation. As a multipurpose African bank with over 200,000 customers around the world, DafriBank brings the Digital Bank of Africa (DBA) project into existence, and aims for making it the Africa’s number 1 cryptocurrency. Taking a step forward, DBA is listed on trading platforms like LBank...