Crypto news

Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...

What is the best thing the cryptocurrency ecosystem could do to ensure its global success? Boost the dominance of stablecoins. Anyone who disagrees is free to debate with Emin Gün Sirer, CEO of Ava Labs, the company behind the succesful Avalanche protocol, who explained to Business Insider that stability must reign in the world of decentralized currencies if they are to be attractive to the general public. Stablecoins Will Be The Next Big thing ISpeaking to Business Insider,...

Leading cryptocurrency price tracking platform CoinMarketCap (CMC) recently had email addresses of over 3 million users leaked. According to a fresh report by a website that tracks several cybersecurity threats, including hacks and compromised online accounts, about 3,117,548 email addresses of CMC users were leaked on October 12. However, the leak remained unknown until the email addresses were discovered on several hacking forums where they were being traded. Coinmarketcap...

The price of bitcoin has skyrocketed in recent days, and the world’s number one digital currency by market cap has reached a new all-time high. At the time of writing, bitcoin is trading for roughly $66,000 per unit. Bitcoin Is Bigger and Better Than Ever The journey of bitcoin has been a long and arduous one. No doubt it has come with many hardships, but it has also seen many significant joys – just as it is today. At $66,000, bitcoin has never been higher. 2021 marks a...

The cryptocurrency trading platform – Bakkt – polled more than 2,000 American citizens to explore why crypto investors entered the digital asset industry and what are the biggest obstacles in front of them. It also revealed which age groups feel the most confident in regards to such investments. Crypto Is Not a Bite for The Elderly Somewhat expectedly, young participants, more specifically those under 29 years old, were the ones who have invested the most in bitcoin and the...

Key Support level: $0.000032 Key Resistance level: $0.000035 Yesterday, SHIB had broken above a descending triangle formation, as seen on the following chart. Initially, it got rejected at the $0.00003 resistance level. However, after a slight pullback, SHIB managed to break above and quickly spiked towards the all-time high sitting at $0.000035. This is roughly ~10-12% away from the current daily high as of writing these lines, according to CoinGecko. In case this resistance...

Pacaso – a leading real estate firm – has announced it will begin accepting cryptocurrency payments from users looking to purchase or invest in a second home. Pacaso Is Allowing Crypto Payments for Second Homes The property in question cannot be a first-time buy. The company wants to ensure the customers in question have a little experience in the real estate market before they commit to a cryptocurrency-based purchase. That said, Pacaso realizes that digital currencies...

Solana (SOL) rallied 30% and almost touched the all-time high levels of $216 after breaking out above a pennant formation. SOL missed the ATH  price by just $1, according to Binance. Key Support level: $192, $177 Key Resistance level: $216 The mentioned above pennant is marked blue on the following chart. The current all-time high of $216 will continue to act as SOL’s next major resistance area. Since then, SOL has found support on the $192 level. If the price decides to...

Popular investment firm Invesco is delaying the launch date of its new bitcoin ETF. The news comes at an ironic time given that Pro Shares is pulling back the curtain on its own crypto ETF, which has been trading on the New York Stock Exchange (NYSE) for the past week. Invesco Is Holding Back… For Now The journey of bitcoin ETFs in the U.S. has been a rocky one. Companies such as Van Eck have been trying for years to get greenlights on their products, only to be...

Google’s Threat Analysis Group revealed that cybercriminals have been targeting YouTube content creators in phishing campaigns for the last two years. The bad actors often hijack their channels and either sell them back for a higher price or employ them to broadcast digital asset scams. YouTubers, Stay Alert In its report, Google’s team explained that some hackers recruited in a Russian-speaking forum had attacked many YouTubers with “highly customized” phishing emails and...