Crypto news

The past seven days turned out to be yet another period where bitcoin’s price went through a rather choppy action. The cryptocurrency is down about 3 percent in the last week, but it wasn’t without its ups and downs. Last Saturday, we saw BTC tanking to a low slightly above $30K, causing panic and a lot of worries amid the cryptocurrency community. However, right on the following day, on Sunday, the price surged, and a massive green candle took us all the way up to $35,000. A...

London, United Kingdom / 2 July 2021 / Non-Fungible DeFi (NFD) launched the best Non-Fungible DeFi protocol with the highest yield farming in the industry. Non Fungible Tokens (NFT) hype this bull season has exceeded and overshadowed most of the phenomenon. Every bull cycle a new use case from the crypto world attracts global attention and NFT was the one this bull season. It had attracted the attention of mainstream celebrities, sports superstars, musicians, and artists...

Grayscale, the world’s leading digital asset management fund, revealed that it had rebalanced its portfolio in a way where Cardano’s ADA is now the company’s third-largest holding. According to an announcement from earlier today, Grayscale – the world’s leading digital asset manager, has adjusted the portfolio of the Grayscale Digital Large Cap Fund “by selling certain amounts of the existing Fund components in proportion to their respective weightings and using the cash...

Bitcoin’s bull run hasn’t ended, and its price could increase by more than 40% by the end of August, asserted the creator of the popular stock-to-flow model. He also predicted that the next few months will be make it or break it for the S2F. Over the course of the past few months, bitcoin’s price slumped by roughly 50% from the mid-April peak, which questioned the state of the bull market. While most of the community debates whether the 2018 scenario will repeat once again,...

While filing for an IPO with US regulators, the popular trading platform Robinhood reported a 4% increase in revenue coming from digital assets. Interestingly, more than 30% of that came from the most recent craze in the space – Dogecoin. Dogecoin’s Rise on Robinhood Started in 2013 as a joke, Dogecoin attracted the world’s attention earlier this year following countless interactions by one of the most influential people – Elon Musk. His constant engagements were followed by...

[PRESS RELEASE – Vegas, Nevada, 1st July 2021] Seven one-of-one digital collectibles will be available via auction starting Thursday, July 1 at 9 am PT on Crypto.com/NFT Vegas Golden Knights Chief Marketing Officer Brian Killingsworth announced today, July 1, that the team has launched their first series of collectible NFTs (non-fungible tokens). There is a limited run of only eight VGK NFTs in the inaugural batch, seven of which will be featured on Crypto.com/NFT in an...

Unfortunately, we had another week of particularly choppy price action where most of the cryptocurrencies are trading in the red. Ethereum is an exception with a rather insignificant gain over the past seven days. Bitcoin Bitcoin is down a total of 4.7% over the past week as it breaks back beneath $33,000. The cryptocurrency started the week looking promising after double bottoming around $31,600. From there, it started to surge higher as it formed a short-term rising price...

The Dutch crypto provider Bitcoin Meester has become the exclusive partner of the top soccer team AZ Alkmaar. As part of the deal, the team will receive some of the funds in bitcoin, which it pledged to hold. AZ Alkmaar – The First Soccer Club to Operate with BTC One of the most successful soccer teams in the Netherlands – AZ Alkmaar – announced its collaboration with Bitcoin Meester on its official website. The local crypto provider will become the club’s promoter, and part...

Bitcoin cash price is facing resistance near the $550 and $560 levels against the US Dollar. The price is now close to the $485 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $488 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could either start a fresh increase above $500 or it might dive towards the $425 level. Bitcoin cash price is slowly moving lower below $500 against the US...

Cryptocurrency is entering the racing scene. Crypto.com has inked a deal with Formula One racing worth approximately $100 million at the time of writing. Crypto.com Has Stepped Into the World of Professional Driving Through the deal, Crypto.com gets top-branding options with the organization including roadside billboards for the rest of the year, ensuring drivers are aware of the site’s presence. This is now the second big deal instituted by Crypto.com in the world of...