Crypto news

Bitcoin has been on a roll since the start of October and the past week in particular. It traded below $50,000 on October 5th but reclaimed that coveted line in the following days and kept climbing upwards. It charted a multi-month high just shy of $58,000 hours ago, meaning a 17% increase in the span of a week. Usually, when BTC goes up, most alternative coins tend to follow suit at least against the dollar. This doesn’t seem to be the case now as the majority have lost...

XRP/USD – XRP Falls Into Price Channel Support. Key Support Levels: $1.05, $1.00, $0.95.Key Resistance Levels: $1.10, $1.20, $1.25. XRP found support at $0.875 (.618 Fib & 50-day MA) toward the end of September and ended up rebounding from there. After this, XRP started to form a short-term ascending price channel in October, which allowed it to break the 50-day MA at $1.10 and reach as high as $1.25 (Feb 2018 highs). Unfortunately, the bulls were unable to close above...

The world’s leading cryptocurrency exchange, Binance, has announced a $1 billion fund to further accelerate the development of projects in the Binance Smart Chain ecosystem. Binance has just announced that it plans to put aside $1 billion towards the development of projects based on the Binance Smart Chain. According to the official release, the program will be divided into four groups, each one of which aimed at different goals and challenges. $100 million will go towards...

Although the regulatory approval is still pending, the popular blockchain project Elrond Network has already agreed to purchase Capital Financial Services S.A – the company licensed to operate an Electronic Money Institution (EMI) in the Euro Economic Area. The press release shared with CryptoPotato explained that Capital Financial Services S.A. is a principal member of two of the largest global financial corporations – Visa and Mastercard. This allows the firm to provide...

[PRESS RELEASE – Please Read Disclaimer] October 12th, Lyon, France, 2021 – iExec, a decentralized marketplace for computing assets, has announced the launch of the iExec Oracle Factory, a developer interface allowing anyone to create their own oracles, from scratch, in minutes, without any blockchain knowledge and directly from their browser. In order for decentralized applications to solve real-world problems, they need to make use of real-world data. Decentralized oracles...

Nicht jeder sieht das Bitcoin Gesetz in El Salvador positiv. Im Land selbst gab es viele Proteste gegen Präsident Bukeles Bestrebung aus dem Inselstaat das erste echte Crypto-Land zu machen. Das Hauptargument gegen das Bitcoin Gesetz bringt Ethereums Vitalik Buterin auf den Punkt. Bitcoin Gesetz: Vitalik Buterin kritisiert El Salvadors Bitcoin GesetzIn einem Reddit Post wird Buterin zitiert:Nothing unpopular about this opinion. Making it mandatory for businesses to accept a specific...

ADA price is struggling to clear the $2.32 and $2.35 resistance levels against the US Dollar. The price is now trading below $2.20 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2.20 on the 4-hours chart (data feed via Bitfinex). The price might start a fresh increase unless there is a break below $2.00. Cardano price is struggling below the $2.32 resistance against the US Dollar, unlike bitcoin. ADA price must...

Ethereum price started a fresh increase above $3,200 against the US Dollar. ETH price is now trading above $3,300 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue higher as long as it is above the $3,300 support zone. Ethereum price is showing positive signs above $3,300 against the US Dollar. ETH/USD could accelerate higher above the...

Post lanciert erste Schweizer Bitcoin-Briefmarke Inspiriert vom grossen Erfolg in Österreich bringt die Schweizer Post am 25. November die erste Schweizer Krypto-Briefmarke auf den Markt: die «Swiss Crypto Stamp». Die Krypto-Briefmarke besteht aus zwei Teilen. Zum einen ist sie eine physische Briefmarke im Wert von 8.90 Franken. Zum anderen beinhaltet jede Krypto-Briefmarke ein ihr zugehöriges digitales Abbild. Dieses digitale Abbild zeigt eines von...

Bitcoin’s impressive performance has shut the mouths of several skeptics who have had to acknowledge that -at least since the last few years- there is some merit in investing in this cryptocurrency. Jamie Dimon, CEO of JPMorgan Chase, is NOT in this group. The well-known businessman has again doubled down on his views on Bitcoin, asserting that from his perspective, the cryptocurrency lacks any intrinsic value, and he does not advise taking it as a serious investment. The CEO...