Crypto news

The United States Securities and Exchange Commission (SEC) and Ripple, the fintech company behind the third-largest cryptocurrency, XRP, have clearly stated that there will not be any settlement on the current lawsuit against Ripple prior to the official trial date.No Prospect For SettlementBoth parties made this statement in a discovery letter dated February 15, 2021, which was addressed to Judge Analisa Torres. In the document, both the SEC and Ripple said that they “do not believe there is...

MicroStrategy, the publicly-listed company that was amongst the first to put Bitcoin on its balance sheet, has now announced plans to raise another $600 million to buy more of the digital currency.In a press release dated February 16th, MicroStrategy announced that it intends to offer a $600 million aggregate principal amount of convertible senior notes that are due 2027 in a private offering to qualified institutional investors.Furthermore, the release adds that:The notes will be convertible...

Seoul will neue Digitalwährung S-Coin für Öffentliche Dienste einführen. Foto: Lotte World Tower CC0 Public Domain via Unsplash The Korea Institute for Advancement of Technology (KIAT) and the Swiss Innovation Agency (Innosuisse) launch their joint call 2021 to fund science-based innovation projects between Switzerland and South Korea. The call for joint innovation projects is aimed at companies and research institutions in Switzerland...

ADA/USD – Cardano Bulls Back On The OffesniveKey Support Levels: $0.813, $0.711, $0.629.Key Resistance Levels: $0.941, $1.00, $1.10.Cardano had pushed higher above an ascending price channel at the start of February and started to turn parabolic. It continued to surge until it met resistance at $0.941 (1.618 Fib Extension – red) last week.From there, ADA started to decrease. It managed to find support at $0.813 (.236 Fib) and defended this level pretty well. Yesterday, ADA did spike as low as...

The price of Bitcoin just surpassed another milestone – the $50K, according to Bitstamp. This comes only five weeks after breaking $40K and six weeks following the $30K breakout.Bitcoin is now recording a 72% return on investment in 2021 alone. The cryptocurrency has also delivered a 1200% ROI since recoding its 2020 low of $3,800 from March.BTC/USD, chart by TradingViewThe price of BTC had a great year. Starting 2020 below $8,000, the cryptocurrency broke $13K only in the middle of October,...

Binance Coin had an all-time high of $137'00 4 days ago. Binance Coin price today is $130.42 USD with a 24-hour trading volume of $1,961,442,447 USD. Binance Coin is up 0.10% in the last 24 hours. The current CoinMarketCap ranking is #7, with a market cap of $20,154,626,734 USD. It has a circulating supply of 154,532,785 BNB coins and a max. supply of 170,532,785 BNB coins. The top exchanges for trading in Binance Coin are currently...

Ethereum transaction fees continue to be rather expensive as the network works at a 98% capacity. This has apparently caused users to seek more efficient alternatives, and Binance Smart Chain (BSC) is becoming particularly popular.Binance Smart Chain Rising in PopularityTransaction fees on Ethereum are getting particularly high. Gas costs escalate as users flood the DeFi markets in search of high yields and the “next 100x gem on Uniswap.”This has led to the notion that DeFi is only profitable...

Verge, a privacy-centric cryptocurrency, reportedly suffered an attempted 51% attack, causing a massive blockchain reorganization, which wiped off over six months of transactions.200 Days Worth of Verge Transactions Wiped OffThe issue was first revealed by Antoine Le Calvez, chief data engineer at blockchain research company Coin Metrics. Tweeting on February 15, Le Calvez noted that 0over 560,000 blocks were affected.Le Calvez’s colleague, Lucas Nuzzi, who is Coin Metrics’ network data...

ADA price traded towards the $1.00 resistance level before correcting lower against the US Dollar.The price dived below $0.8000, but it recovered and settled above the 55 simple moving average (4-hours).There was a break above a key bearish trend line with resistance near $0.8650 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.9000 and $0.9200 resistance levels in the near term.Cardano price is showing positive signs above $0.8500 against the US...

Over the past 24 hours, we saw the cryptocurrency market recovering from a mild correction that took place on early Monday morning. Bitcoin touched $50,000 for the first time, the total cryptocurrency market capitalization increased above $1.5 trillion, while Polkadot became the 4th biggest project by market cap, surpassing Cardano by an inch.Bitcoin Price Taps $50KFor the first time in history, the primary cryptocurrency tapped the coveted mark of $50,000. This is a major milestone for...