Crypto news

Bitcoin’s most significant green candle happened on December 7, 2017, when traders started the day at $14090 and pushed the token to $17390 in 24 hours. That would be the first time a bullish candle broke the $15900 line —an event that new investors are experiencing today. December 7 of 2017 can also be remembered as the perfect argument for those who claimed BTC was a bubble, as the token also registered a wick of $19697 that day, its most significant growth ever with a...

Twitter founder Jack Dorsey’s payments firm Square is riding the Bitcoin wave like there’s no tomorrow. The company’s Q3 investors’ letter has just come out. And if numbers are anything to go by, Square has registered a humongous $1.3 billion revenue in the third quarter through Bitcoin sales. This comes amid the company clocking a $3.03 billion net revenue and nearly $800 million in net profits. Bitcoin’s Headed For The Stars Along With Square’s Q3 Earnings While bitcoin’s...

According to many analysts, the $14,000 price that bitcoin reached on Halloween this year wasn’t a fluke. They claim that bitcoin has become much stronger in recent weeks, and that the currency is likely to reach this position again soon.Bitcoin Will Hit $14,000 Again This YearThere are several reasons as to why bitcoin is likely to hit $14,000 again in the coming days. According to key indicators and technical charts, Google searches pertaining to bitcoin have slowed down heavily in recent...

The Securities and Exchange Commission (SEC) is telling traders to stay far away from a company that’s been allegedly endorsed by Finance Secretary Carlos G. Dominguez III. The firm is also utilizing what appear to be fake endorsements from celebrities, though the company is unregulated and is not in line with present financial legislation.The SEC Continues Its Crackdown of Phony Crypto FirmsThe enterprise the SEC is referring to is known simply as “Bitcoin Digital.” Agents claim that the...

The United States Department of Justice confiscated around $1 billion worth of bitcoins on Tuesday. Today it is suing for forfeiture of the BTC that federal personnel seized. The coins allegedly belong to the now-defunct darknet marketplace Silk Road. US DOJ Wants The Forfeiture Of Bitcoin Worth $1 Billion As per Bloomberg’s latest report, the US Justice Department wants immediate forfeiture of bitcoins worth $1 billion that it seized on Tuesday. The BTC stash belongs to Silk...

LINK/USD – Bulls Rebound From Lower Boundary Of Ascending Price Channel. Key Support Levels: $10.50, $10, $9.80.Key Resistance Levels: $11.50, $12, $12.75. LINK saw a strong 6% price hike today as it rebounds from the lower boundary of an ascending price channel to trade at $10.9. The coin had started to form this pattern toward the end of September when it bounced from the support at $7.70 (.886 Fib Retracement) and started to head higher. LINK was unable to break resistance...

Bitcoin has fallen behind a little as of late, with its price taking a dip from around $13,850 to $13,400. However, as of today, the currency is back up in the $13,700 range, and analysts and industry experts everywhere believe that more price bumps are headed our way in the coming days and weeks.What Made Bitcoin Fall Back, Anyway?A lot of individuals believe that the reason bitcoin fell back so badly is because there are many traders out there who sold their bitcoin stashes – either all or...

A MetaMask user, attempting to swap Ethereum for a DeFi token, paid over $9,000 transaction fees while transferring only $120 worth of ETH. The user has reached out to the mining pool that processed the transaction for assistance but has yet to receive a response. A Costly ETH-DeFi Swap The user, going by the nickname ProudBitcoiner, explained his rather dire situation on Reddit. He was using the popular online wallet MetaMask to swap 0.2955 wrapped Ether (WETH) for 531 Chi...

XRP/USD – Bulls Face Resistance At 100-days EMA Key Support Levels: $0.24, $235, $0.228.Key Resistance Levels: $0.251, $0.261, $0.271. XRP fell lower from resistance at a falling trend line toward the end of October. It initially found support at the 200-days EMA at $0.24 but broke beneath it in November. After that, XRP continued to drop into the support at $0.235 and held here over the past few days. The coin has since rebounded and it pushed higher today but is facing...

[PRESS RELEASE – Please See Disclaimer] New Redeemable Cryptocurrency Cana Token Launches, Backed by Cannabis SeedsInteractive Cannabis Token Website Encourages Public to Voice Opinions with Rewards LIVERPOOL, UK — November 5, 2020 — Today, Cana Token announced the launch of a new way of doing business with a cryptocurrency token linked to cannabis seeds. The token, named “Cana,” is exchanged online as an interactive, redeemable crypto-backed product linked to users’ public...