Crypto news

At 19 years of age, Nick Sears could be one of the youngest people in the world to be making a career out of bitcoin. Two years ago, Sears built a bitcoin mining farm in Washington, and has made this farm his business ever since. He is looking away from the traditional college route and considering a future in which he devotes himself entirely to the world’s number one digital currency by market cap. Nick Sears Says “Bye” to College, “Hello” to BTC Mining Right now,...

ETH/USD – Ether Falls Below Price Chanel But Finds .236 Fib Support Key Support Levels: $2460, $2400, $2320.Key Resistance Levels: $2550, $2640, $2700. Ethereum surged higher over the past fortnight inside the confines of an ascending price channel. This price channel allowed it to reach as high as $2700 this week. Unfortunately, ETH pulled back slightly from this high and fell beneath the price channel today. After breaking the lower angle of the price channel and the...

Grayscale has appointed David LaValle, a former executive at Alerian and S-Network Global Indexes, to help the company on its way to having a BTC ETF approved in the States. As announced earlier on August 4th, the leading digital asset manager has enhanced its endeavors to launch a Bitcoin ETF through a new addition to the team. David LaValle has become the new Senior Managing Director and Global Head of ETFs, who will report directly to the company’s CEO – Michael...

BTC’s impressive rally from $29.3k to $42.6k has significantly improved the technicals and especially the momentum for the largest cryptocurrency. Since finding a local top at $42.6k as we reported, the 4-hour and daily conditions for BTC became extremely overbought and overextended, with an increased risk of a near-term correction. When looking at market structure, it appears BTC has exited Phase C in the Wyckoff Accumulation schematic and is now in the early parts of Phase...

[PRESS RELEASE – Singapore, Singapore, 4th August 2021] Bingbon.com – Derivatives-based social trading platform Bingbon has partnered with Paxful, a peer-to-peer finance platform for people to make payments, transactions, and send money by buying and selling cryptocurrencies as a means of exchange. As a result, users can take full advantage of Paxful’s fiat to crypto network directly on Bingbon’s trading platform. Not only will Bingbon users be able to fund their accounts...

Earlier in June, Google revealed that it would update its Financial products and services policy to once again allow cryptocurrency businesses to advertise through its search engine. Now, the changes take effect. As CryptoPotato reported earlier in June, Google had revealed that they plan to update the Financial products and services policy. Yesterday, the update kicked in, and cryptocurrency businesses can once again advertise through its platform. However, there are still...

Less than a year after Chainalysis placed BitMEX into its “high risk” cryptocurrency exchanges zone, the company has reversed its decision. The analytics company has conducted an internal review of the derivatives exchanges, which has strived to improve its AML compliance lately. BitMEX faced extreme scrutiny last year when most of its executives at the time, including Arthur Hayes, Benjamin Delo, and Samuel Reed, were indicted by the US government with accusations of...

Tron price started a fresh increase above the $0.0600 resistance against the US Dollar. TRX price is now trading well above $0.0600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher as long as it is above the $0.0620 and $0.0600 support levels. TRON price is trading in a positive zone above $0.0600 against the US...

Bitcoin price failed to extend gains above $42,650 against the US Dollar. The price is now trading below $40,000 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $40,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to bounce back as long as it is above the $37,000 support zone. Bitcoin price is slowly moving lower below $40,000 against the US Dollar. BTC could start...

NBA legend Charles Barkley said that his financial advisors do not recommend involving with cryptocurrencies. However, he did not specify why they have such a negative opinion on digital assets. Barkley’s Advisors Say No to Crypto In a recent interview for CNBC, the former professional basketball player Charles Barkley revealed that the people who run his financial operations are not keen on virtual currencies. As he said, one of the advisors even insisted on being fired if...