Crypto news

AMC movie theaters are allowing people to pay for movie tickets and concession items (such as popcorn and other goodies) with bitcoin by the end of the year. AMC Will Now Accept BTC The movie theater chain made the announcement in a press release earlier in the week. Moviegoers will now be able to see their favorite films and catch up on the latest movie franchises by paying with the world’s number one digital currency by market cap. This brings bitcoin closer to its primary goal of being...

The Monetary Authority of Singapore (MAS) has enabled DBS Vickers – the brokerage brand of DBS Bank – to offer trading services for digital payment tokens. The initiative would meet the clients’ growing appetite for dealing with cryptocurrencies. Crypto Opportunities for DBS’ Clients According to a recent report, the securities and derivatives brokerage firm – DBS Vickers – received a green light from the Monetary Authority of Singapore to offer virtual asset services to its...

Tom Lee of Fundstrat fame is sticking to a bold prediction regarding bitcoin – the world’s number one digital currency by market cap – that he made earlier in the year. In a recent interview, he stated that he still sees bitcoin hitting $100,000 per unit by the end of 2021. Tom Lee – BTC Could Reach $100K Before 2022 Tom Lee is no stranger to making bitcoin price predictions. For the most part, they have been a little outlandish – either because there is a lack of time...

The multi-investment DeFi platform Dao Maker has become the latest victim to a security breach in the industry. The attackers have managed to affect over 5,000 accounts holding USDC. At first, Wu Blockchain took it to Twitter to indicate that the popular platform has fallen victim to a hack. The perpetrators supposedly transferred out USDC from about 9,000 or 10,000 such accounts and replace the funds with 2,261 ETH (worth approximately $7 million as of writing these lines)....

[PRESS RELEASE – San Francisco, United States, 12th August 2021] Decentralized credit protocol, ReSource Finance completed a $1.7 million funding round led by Future Perfect Ventures, NGC Ventures, and ExNetwork to enhance decentralized credit access to Web 3 businesses. Other investors in the round include Davoa Capital, BlockRock Capital, Moonwhale Ventures, Follow the Seed, Floem Capital, Flori Ventures (a Celo-focused ecosystem fund), and Tokenomik. The financing will be...

[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...