Crypto news

[PRESS RELEASE – Hong Kong, Hong Kong, 12th August 2021] It’s now even easier for Australians to file crypto tax returns Following the successful launches of Crypto.com Tax in Canada and America, Crypto.com has announced that this service is now available in Australia. Crypto.com Tax makes it easy to file complicated crypto taxes in a matter of minutes and at no cost. This service is tailored to meet Australian tax requirements and supports more than 20 of the largest wallets...

XRP/USD – XRP Slips Back Below $1 Key Support Levels: $0.932, $0.88, $0.8282.Key Resistance Levels: $1, $1.10, $1.21. Since breaking the bullish flag pattern at the start of August, XRP climbed above the 200-day MA and the 2020 highs of $0.8282 to hit the 100-day MA. The 100-day MA was finally breached yesterday after Ripple announced a partnership with GME Remittance. The partnership caused XRP to surge beyond the 100-day MA at $0.88, break $1, and reach as high as $1.10....

ETH/USD – Ether Shows Sings Of Bearish Divergence At $3160 Resistance. Key Support Levels: $3000, $2890, $2680.Key Resistance Levels: $3160, $3200, $3350. Since bouncing from $1710 on July 20th, Etheruem has surged by a solid 90% to reach as high as $3170. The coin initially moved inside an ascending price channel but eventually broke toward the upside over the weekend. After that, ETH pushed higher to meet resistance at $3160. Since then, it struggled to produce a daily...

Gene Simmons – the bassist and co-lead singer of the iconic rock band KISS – revealed he is a huge supporter of cryptocurrencies, especially bitcoin. He has invested a few million in the asset at the beginning of the COVID-19 pandemic and is now a HODLer. The Demon Loved The Ride to $65,000 During an interview for CNBC, one of KISS’ co-founders said he joined the crypto craze at the beginning of the coronavirus pandemic after an educational conversation with Gemini’s CEO –...

Digital Republic goes Bitcoin Der Hype um Kryptowährungen ist real. Dennoch fehlen im Alltag häufig die Möglichkeiten effektiv mit Bitcoin & Co. zu zahlen. Eine für den Laien verständliche Definition fällt schwer – das Phänomen Krypto ist und bleibt abstrakt. Das möchte Digital Republic ändern und freut sich der erste Schweizer Mobilfunkprovider zu sein, der Kryptowährungen als offizielles Zahlungsmittel akzeptiert und somit...

EOS started a fresh increase above the $4.20 resistance against the US Dollar. The price is now trading above the $4.50 support and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $4.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to continue higher if it breaks the $5.10 and $5.25 resistance levels in the near term. EOS price is showing positive signs above $4.60 against the...

Litecoin price started a decent increase above the $150 resistance zone against the US Dollar. LTC price is now trading above $160 and the 55 simple moving average (4-hours). There was a break above a bullish continuation pattern with resistance near $167 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair is likely to extend gains above the $180 and $185 resistance levels in the near term. Litecoin price is holding gains above $165 against the...

Bakkt Holdings, LLC – a crypto investment platform designed for institutions – has partnered with Quiznos, a popular sandwich shop, to allow customers to pay for food and drink items with crypto. Bakkt and Quiznos Are Teaming Up to Boost Crypto Purchases Bitcoin and many of its digital counterparts were initially designed to serve as payment tools. They were built so that users could push fiat, credit cards, and checks to the side, thereby garnering more financial...

A $400 billion investment management firm, Neuberger Berman, recently announced adding exposure to Bitcoin and Ether derivatives and investment vehicles as part of the firm’s fund strategy. Another Hedge Fund to Join Crypto The SEC filing outlines that the asset manager will receive exposure to cryptocurrency via a subsidiary firm —with a minimum investment of $5 million. The filing comes after the firm disclosed a “Hedge Cryptocurrency Volatility Fund” in an SEC Form D...

Bitcoin is edging towards recovery after nearly three months of heavy drops. The world’s number one digital currency by market cap has been undergoing one of its biggest valuation changes, having surged all the way to a whopping $64,000 per unit back in April of this year. However, about a month later, the currency began experiencing mega dips that ultimately saw it trading for less than $30,000 for a brief period. Bitcoin Has Begun Its Climb to the Top Again Bitcoin...