Crypto news

The business intelligence corporation – MicroStrategy Incorporated – doubled down on its cryptocurrency endeavors during the third quarter of 2021 by purchasing 8,957 BTC in that period. Thus, the company now holds around $7 billion worth of the primary digital asset (calculated at today’s prices). MicroStrategy: The Bitcoin Whale MicroStrategy announced the results in its Q3 earnings report. According to it, the firm acquired 8,957 BTC between July and October this year at...

Senator Rand Paul – a republican representing the state of Kentucky – has expressed strong interest and enthusiasm about bitcoin. Rand Paul Has Caught the BTC Bug While he did not admit to owning any himself, he commented that he is amazed by how much it’s grown over the past few years, and he anticipates things could potentially get even stronger… So much so, that he thinks bitcoin could potentially present serious competition to the U.S. dollar. Bitcoin could even wind...

[PRESS RELEASE – Please Read Disclaimer] BabyYota, a brand new giveaway-focused token project, we had its official launch on October 23rd. The developers and staff invite everyone interested in this revolutionary new project to pop in and interact with our community. Interested? Here’s a little more about our project and our team: BabyYota is a BEP-20 token that has a reflectionary reward system automatically awarding its holders BNB. Bonuses don’t stop there – by holding...

There are no boring days in crypto. This week was the definitive proof of this. We saw something insane happen literally every day from the past seven, so let’s start with Bitcoin. This time last week, there were already some signs of indecisiveness in bitcoin’s price, which was approaching $60K. On Sunday, though, bulls stepped in and pushed the price up to $64K, where it stayed for about a day. On Wednesday, we saw two consecutive drops, which led to the price testing the...

This week was very intense in terms of price action, and we take a look at Ethereum, Cardano, Ripple, Shiba, and Doge. Ethereum After a lot of anticipation, Ethereum has finally managed to set a new all-time high today. At $4,400, this new peak is a bit of a disappointment considering the previous one was at $4,380. The bulls did not have the strength to push higher, but this may change in the following week. Overall, another good week for ETH with a 6.3% rally. Chart by...

The American TV personality Jim Cramer advised crypto investors to beware of the risks related to the digital asset industry. According to him, investments in bitcoin and the altcoins rests on the “greater fool theory,” where speculation is not absent. Furthermore, Cramer admitted he is not a crypto hodler because of inflationary reasons, instead, he was “simply gambling.” ‘There Could Be Millions of Greater Fools out There’ CNBC’s Jim Cramer shared yet another controversial...

[PRESS RELEASE – Please Read Disclaimer] KillSwitch is a new DeFi project that is created to assist all yield farmers ensuring that transactions are quick and smooth. Soon, KillSwitch will be ready to list utility tokens for its ILO which will be happening on the 25th – 31th October 2021. “KillSwitch”, a new DeFi project with features that provides easy yield farming and security for all users From one yield farmer to another who shares and knows of the same pain, developed a...

Following the decision made by the American multinational tech company, Facebook, to change its parent company name to Meta Platforms Inc, the prices of several metaverse gaming cryptocurrencies have experienced a significant increase. Facebook Rebrands to Meta The California-based company officially changed its corporate name to Meta Platforms Inc. yesterday, to move beyond the social media business concept. Facebook’s CEO, Mark Zuckerberg, noted the company is trying to...

[PRESS RELEASE – Singapore, Singapore, 28th October 2021] Krystal, a multi-chain platform to easily access popular decentralized finance (DeFi) services and manage non-fungible tokens (NFTs), debuts its newest service KrystalGO. KrystalGO is a launchpad that allows community members to participate in public rounds of funding by various token projects. In line with Krystal’s mission of simplifying access to DeFi, KrystalGO aims to be a platform where any community members can...

Bitcoin cash price started a fresh increase above the $565 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 major bearish trend line forming with resistance near $610 the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair must gain pace above $600 for a sustained move higher towards $650. Bitcoin cash price is showing positive signs above $580 against the US Dollar, similar...