Crypto news

South Korea’s largest cryptocurrency exchange Bithumb announced today that it is shutting down its offline offices as Korea struggles with a renewed coronavirus outbreak.Bithumb Suspending Offline SupportSince the start of November, the country has been recording increased daily cases of COVID-19, with the number tripling in the last nine days. This has raised fears that South Korea has entered a third wave of the pandemic.As authorities are taking measures to strengthen social distancing to...

ADA price is gaining momentum and it is trading well above the $0.1500 resistance against the US Dollar.The price is trading above the $0.1700 level and the 55 simple moving average (4-hours).There is a key connecting bullish trend line forming with support near $0.1540 on the 4-hours chart (data feed via Kraken).The price is likely to continue higher above the $0.1800 and $0.1850 resistance levels.Cardano price is gaining a strong bullish momentum above $0.1500 against the US Dollar, while...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1020. Im heutigen Video geht’s um folgende Themen: Ripple XRP explodiert 100% in 7 Tagen, BlackRock CIO glaube Bitcoin kann Gold ersetzen & ETH 2.0 erreicht Deposit Grenze Stunden vor Deadline. 1.) Ripple Kurs explodiert – XRP steigt auf über 100% in 7 Tagenhttps://cryptomonday.de/ripple-kurs-explodiert-xrp-steigt-auf-ueber-100-in-7-tagen/ 2.) CIO von BlackRock: Bitcoin könnte Gold...

Ethereum price is gaining pace above the $580 and $600 resistance levels against the US Dollar.ETH price is currently trading well above $600 and the 55 simple moving average (4-hours).There are two key bullish trend lines forming with support near $560 and $520 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is trading in a nice uptrend above $600 against the US Dollar. ETH/USD is likely to...

The CEO of Visa – Alfred Kelly – is weighing in on where he sees bitcoin going in the next few months.Kelly: The Payment World Is About to Really Open UpNo doubt bitcoin has had a rather strong year (it’s probably been the only thing that’s remained strong throughout 2020). Things aren’t necessarily looking up for cash, checks and other traditional payment methods once the coronavirus is dead and gone. Kelly believes that the world is likely going to transition to digital payments in such a...

Many people keep thinking bitcoin could reach its all-time high of roughly $20,000 by the end of the year. Another analyst at Citibank published a new report claiming that bitcoin could potentially reach a price of $318,000 by the end of 2021. Clearly, everyone thinks the future of bitcoin will be a bright one, but for another person – Ark Investment CEO Cathie Wood – bitcoin is truly the future of money, and all these other predictions are being trumped by her belief that the cryptocurrency...

It looks like bitcoin has found another big fan. The second-richest person in Mexico – Ricardo Salinas Pliego – says he has just made a major investment in the digital currency, but it looks like it wasn’t FOMO or even a newfound love of crypto that inspired him to get involved. Rather, it was fear of his own government.Pliego Has Ten Percent of His Portfolio in BTCThis year has been negative in many ways, though it can easily be said that 2020 was the year for bitcoin. The currency has...

It is now a well-known fact that payments giant PayPal is knee-deep in the Bitcoin market. In today’s interview with CNBC, CEO Dan Schulman explained his rationale behind the world’s top cryptocurrency value. He also elucidated on why his company is placing giant buying bets on BTC.The Utility Surrounding Bitcoin And Cryptocurrencies Is What Imparts Them ValueUpon being asked to explain the inherent value of bitcoin, PayPal CEO Dan Schulman immediately said that BTC and the aggregated class...

XRP/USD – XRP Turns Parabolic With 95% SurgeKey Support Levels: $0.5, $0.481, $0.45.Key Resistance Levels: $0.556, $0.58, $60.The growth of XRP over this past week is truly remarkable. The cryptocurrency managed to surge by over 95% when it started to climb from $0.28 to explode higher and test the 2019 highs at $0.556 today.The bulk of the price surge started on Saturday after XRP managed to break the 2019 high and push above $0.4 to reach the $0.48 level. The coin stalled on Sunday but...

Less than two months after its latest network upgrade, Ethereum Classic plans to undergo another one on November 29th. Dubbed Thanos, the new hard fork will enhance security while maintaining its compatibility with Ethereum.Thanos Is An Inevitable ETC Network UpgradeThe Ethereum Classic team would like to quickly forget the summer of 2020. In the span of one month, the network was subject to three separate 51% attacks.The Ethereum Classic Core developer team and Ethereum Classic Labs decided...