Crypto news

Tron price started a fresh increase above the $0.0700 resistance against the US Dollar. TRX price is now trading well above $0.0700 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $0.0740 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0720 and $0.0700 support levels. TRON price is trading in a positive zone above $0.0700 against the US...

Bitcoin price started a decent increase above the $45,000 resistance against the US Dollar. The price is now trading above $45,000 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $44,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher above the $46,000 and $46,500 resistance levels. Bitcoin price is gaining pace above $44,000 against the US Dollar. BTC is...

The American television host – Jim Cramer – believes that cryptocurrencies need more regulation or otherwise the market could collapse. Additionally, he praised Ethereum as the best-performing digital asset. Regulation Could Prevent The Market from Falling apart In an interview for TheStreet, Jim Cramer revealed that he is a huge proponent of cryptocurrency regulations. In his opinion, setting the right rules in the industry would be beneficial for the entire market as they...

YouTube star KSI is the latest celebrity figure to become a major bitcoin fan. KSI Sure Loves His Bitcoin In a recent interview, the video maker and rapper commented that bitcoin was “the future” and that it was a “long haul thing.” When asked what he would do if he was prime minister, he responded with: I would give everyone 100 pounds worth of bitcoin, like a bitcoin stimulus package for all. I’m really into crypto. I think bitcoin is the future. It’s going to be long...

PolyNetwork, an interoperability protocol enabling atomic-cross chain transactions between multiple major blockchains, was just exploited to steal $600 million worth of investor’s crypto on Polygon, Binance Smart chain, and Ethereum What Exactly Happened? As reported by CryptoPotato earlier today, PolyNetwork announced that they had been attacked at 8:38 am EST. They immediately listed the addresses to which the anonymous hacker had transferred their funds on the ETH, BSC,...

After a 10-month long regulatory battle with United States financial watchdogs, leading cryptocurrency derivatives exchange BitMEX has agreed to settle and will pay a fine worth millions of dollars. As confirmed by the exchange today, BitMEX has reached a $100 million resolution with the two U.S. regulators – the Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (FinCEN). Speaking on the settlement, BitMEX CEO Alexander Höptner noted that...

The recent bitcoin crash saw the world’s number one digital currency briefly trading below the $30,000 mark. At the time of writing, the asset has shot up to about $42,000 per unit, meaning it has gained roughly $13,000 in just a matter of weeks. Things are going better for BTC, and it looks like the crash may be over. According to Sam Bankman-Fried – one of the world’s youngest crypto billionaires – the recent drop could have been a lot worse and played out rather well...

The global investment management company VanEck has filed again for a Bitcoin Strategy exchange-traded fund (ETF). The US firm has tried several times in the past few years but the SEC is yet to approve a single BTC ETF. New York-based investment firm VanEck submitted an application to the SEC to roll out a BTC Strategy ETF. The ETF will contain bitcoin futures, bitcoin funds, and various other investment instruments related to the primary cryptocurrency. According to...

Several members of the United States Congress are working together to propose an amendment to the new infrastructure bill that would better describe what crypto brokers are and lessen some of the tax burdens the bill is set to place on cryptocurrency investors. Will the Infrastructure Bill Change? The amendment is a bipartisan move coming by way of Senators Ron Wyden of Oregon (democrat) Cynthia Lummis of Wyoming (republican), and Pat Toomey of Pennsylvania (republican)....

Charles Hoskinson, Cardano’s founder and CEO of blockchain research company Input Output Hong Kong (IOHK), has urged the U.S. crypto community to rally against the recently proposed taxation policy. Hoskinson first took it to Twitter earlier this week, calling on digital asset proponents in the U.S. to rally in Washington DC to vent their grievances against the bill. This would be a bid to convince the country’s senators to amend the Internal Revenue Services (IRS) reporting...