Crypto news

Polkadot’s DOT went through a major flash crash on Binance’s COIN-margined futures platform which saw its price reduced to $0.20.The past couple of days have been somewhat challenging in the cryptocurrency market, as the entire capitalization saw around $150 billion wiped off.The adverse developments followed Wall Street’s slump as legacy markets suffer throughout the entire week.Meanwhile, Bitcoin’s realized correlation with the S&P 500 sits at a 5-month high which, naturally, reflects...

American basketball team Dallas Mavericks will now accept payments for tickets and merchandise in Dogecoin via the leading cryptocurrency payment processor, BitPay.Prior to the announcement, it already supported payments in cryptocurrencies, including BTC, BCH, ETH, USDC, GUSD, PAX, and BUSD. Its billionaire owner and Shark Tank star, Mark Cuban, cited the ‘very important’ reason behind the newest addition.All Bark And Some BiteMeme-inspired Dogecoin is finally getting some utility to go with...

Bitcoin cash price is struggling to clear the $550 resistance zone against the US Dollar. The price is now trading below $500 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $525 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards the $450 and $415 support levels. Bitcoin cash price is showing bearish signs below $500 against the US Dollar, similar...

Canada’s first bitcoin exchange-traded fund (ETF) was released to the public not too long ago. The idea of a bitcoin-based ETF had been in the back of investors’ minds for some time, and now that the product has been unveiled, it looks like many fantasies are becoming real, but is it possible that the product has already worn out its welcome? The First Bitcoin ETF Is Already Seeing Trading Dips According to new data, trading in the bitcoin-based ETF has already taken a...

Digital asset trust company, BitGo has added another feather to its cap. The company announced today that it has received a Trust Charter that will enable it to operate as an independent qualified custodian in the United States’ commercial hub, New York. The license was issued by the New York State Department of Financial Services.Go, BitGoCalifornia-based digital asset solutions provider, BitGo has expanded its horizon. It will now render cryptocurrency custodial services to New York-based...

It looks like the trouble bitcoin has been experiencing as of late is coming to an end. The world’s number one digital currency by market cap has been traversing the doldrums as of late, falling even further into the mid-$40,000 range, though at the time of writing, things have improved somewhat. The currency is back above the $50,000 line and trading more in the range that investors have become used to these past few weeks. Bitcoin Is Starting to Improve The present...

There is still much concern amongst government regulators surrounding cryptocurrency fraud and illicit usage. Everyone is so terrified that cryptocurrencies are being used to commit crimes and engage in wrongful behavior, but according to a new report issued by Citibank, this really isn’t something that people need to be so concerned with, as fraudulent activity involving bitcoin and its digital cousins has gone down significantly over the past few years. Citibank:...

[PRESS RELEASE – Please Read Disclaimer]Mar 3, 2021 – Polkadex, the decentralized exchange (DEX) built for Web3 and decentralized finance (DeFi), has raised $3 million in seed and private investment rounds from LD Capital, Kenetic Capital, OkEx capital, NGC, QCP, AU21 Capital, CMS Holdings, OKEx Capital, PNYX Capital, Genesis Block Capital, JRR Group, Cluster VC, GBIC,  Momentum 6 and Outlier Ventures. The proceeds will be used to fuel Polkadex’s growth and become the first orderbook based...

[PRESS RELEASE – Please Read Disclaimer]Valduz, Liechtenstein, 4th March, 2021, // ChainWire //TheFutbolCoin (TFC) token aims to provide a means of financial support for disparate organizations within the football ecosystem23rd February 2021, Vaduz, Liechtenstein — Bittrex Global GmbH will be listing the TheFutbolCoin  (TFC) cryptocurrency on its digital asset exchange.  TFC is a high utility token that is interwoven with TheFutbolApp (TFA) – a gamified social network themed around...

SEBA Bank Company Update: Joint forces to create a Gold Token SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announced that Argor-Heraeus, aXedras and SEBA Bank are joining forces to create a Gold Token. The project aims to issue a token backed by responsibly sourced gold, providing a cost-effective access to the precious metal. Together with...