Crypto news

Bitcoin prices are skyrocketing at the moment, with the digital asset surging as high as $40,000 on some exchanges. Futures prices went even higher with BTC tapping $48,000 on Binance futures. BTC futures, Binance – Tradingview.comAccording to Tradingview, Bitcoin has cranked 14% over the past 6 hours. It has currently retreated to trade at $38,300 at the time of press, after a gain of 7% over the past 24 hours. The massive momentum began early on Saturday when Bitcoin broke...

According to recent research conducted by Nickel Digital Asset Management, nearly 75% of institutional investors and wealth managers stated that the security of virtual currencies is a “significant” hurdle stopping many individuals from entering the crypto space. Low Confidence among Institutional Investors The UK-based investment manager – Nickel Digital Asset Management – asked 100 global institutional investors and wealth managers to determine their biggest concerns...

Not long ago, cryptocurrency was pushed by an event that took place online. The event saw three major bitcoin bulls – Elon Musk, Jack Dorsey, and Cathie Wood – chatting online in an open forum to discuss the future of the world’s number one digital currency. Elon Musk Has a Lot to Say About BTC Just hours after the meeting took place, bitcoin saw its price bouncing back above $32,000 per unit, up $2,000 from where it had been just a couple days ago. While the move...

North American cryptocurrency mining company Core Scientific has announced plans to be listed publicly on the Nasdaq. Core Scientific Will Trade on the Nasdaq Soon The company is the latest in a huge string of crypto and blockchain-related companies to become publicly traded entities. Popular cryptocurrency exchange Coinbase arguably started this trend in mid-April and debuted on the Nasdaq with stock shares trading for more than $300 each. From there, several others...

The massive cryptocurrency boom during the latter half of 2020 and the first half of 2021, coupled with a wave of institutional investors betting billions of dollars on the growth of the ecosystem, helped raise optimistic expectations around the approval of a Bitcoin ETF in the United States. But one of the previous (unsuccessful) applicants for a Bitcoin ETF believes the odds of this happening anytime soon are very low. Want a Bitcoin ETF? Better Wait According to Wilshire...

Tim Draper has earned a reputation as being one of the world’s biggest bitcoin bulls. He is always there to defend the currency and inform people about how they can potentially take advantage of its growing list of benefits. Tim Draper On the Future of BTC In a recent interview, he spoke briefly about where he thinks the currency’s price is headed in the coming weeks and months. This has been something of a hot debate at the time of writing, as bitcoin is presently down...

ETH/USD – Can ETH Break the 50-day MA Resistance Key Support Levels: $2100, $2035 – $2000, $1960. Key Resistance Levels: $2165, $2200, $2250. Ethereum rebounded from support at $1710 (June lows) earlier this week, as it quickly surged back above $2000 on Wednesday. It then continued to surpass the 20-day moving average (MA) line and the 200-day MA, on Friday, along with breaking above a descending trend line that dates back to the start of June. Yesterday, ETH managed to...

Hosted by the Crypto Council for Innovation and sponsored by Square and ARK Invest, “The B Word” was a day-long Bitcoin centric online event that aired on Wednesday, aiming “to correct mainstream narratives around Bitcoin, explain how institutions can embrace it, and raise awareness around areas of the network that need support.” While there were many profound speakers and stimulating discussions throughout the conference, the first two tracks featured some of the most...

Ampleforth – the algorithmic stablecoin with elastic supply – has been introduced in Aave’s lending ecosystem. Ampleforth (AMPL) Now Included in Aave While most stablecoins have a stable peg, Ampleforth (AMPL) is doing things differently. It’s designed in a way where the algorithm chases a target price and readjusts the overall supply. If the price is above the target, the total supply would increase and vice-versa: if the current price is below the target, the supply will...

[PRESS RELEASE – Please Read Disclaimer] BigWin is an open-source no-loss lottery playground combining DeFi and NFT, which announced its brand iteration days earlier. BigWin is trying to be a user-friendly and interesting lottery playground, the whale ocean park, the NFTs, and future functions created by the community, mainly for solving the problem of low user acceptance in DeFi, trying to give everyone a fair shot in this open, permissionless way of finance. “We would like...