Crypto news

Elon Musk should study more bitcoin mining as the cryptocurrency is actually a lot greener than people believe, commented Kraken’s CEO, Jesse Powell. In a recent interview, the executive also admitted that the crypto market has cooled off after the latest bull market. Musk Should Study More BTC Mining Tesla’s CEO made the news last month after the EV-maker disabled bitcoin payments citing environmental concerns. Musk started to frequently bash the high energy consumption...

[PRESS RELEASE – Valletta, Malta, 17th June 2021] Elrond Network, the developers of the eponymous internet-scale blockchain protocol, today announced the full integration of Bitcoin into their non-custodial digital wallet app Maiar. With deep care for the user, elegant design, and an intuitive interface, Maiar enables any phone user to get a working non-custodial blockchain wallet in seconds. Its intuitive simplicity allows everyone to store, earn, and pay using...

ADA/USD – ADA Trades Inside Symmetrical Triangle Key Support Levels: $1.50, $1.40, $1.30.Key Resistance Levels: $1.60, $1.70, $1.80. ADA has been consolidating for almost a month now as it trades inside a symmetrical triangle pattern. It surged higher at the end of May but found resistance at the upper boundary of the triangle at the start of June. From there, ADA started to head lower and broke beneath the 50-day MA last week. It recently found support at the lower boundary...

The field of decentralized finance is one where there’s a non-zero chance of protocol failure. In other words – scams, exploits, rug pulls, and whatnot are something to be constantly vigilant about. Iron Finance becomes the latest protocol to go through a massive exploit, which saw the price of its tokens plummet in what they describe as a ‘bank run.’ What Happened With Iron Finance? Iron Finance is a DeFi protocol with two cryptocurrencies under its belt – IRON and Titan....

[PRESS RELEASE – Please Read Disclaimer] Istanbul, Turkey, June 16, 2021– NetcoinCapital, a blockchain-based startup from Turkey focused on building a decentralized economy, today announced it will be listed on XT exchange beginning from August 4th, 2021. The new listing on the XT exchange will allow investors to trade this security token with other cryptocurrencies like bitcoin and ethereum. Investors who are interested in investing in this new token will be able to trade...

The global investment manager VanEck would have to wait more to receive the SEC’s answer about its Bitcoin ETF application from earlier this year. The Commission’s second delay seeks other interested parties to weigh in on whether such a product will be sustainable. After withdrawing its previous attempts, VanEck filed another application with the US Securities and Exchange Commission in March this year to release a Bitcoin ETF. The agency initially delayed the decision back...

[PRESS RELEASE – Please Read Disclaimer] Ethernity CLOUD, a platform that leverages blockchain technology to build a decentralized ecosystem, allowing regular cloud software to be run as cloud-based dApps, has sold off 90% of its available Presale tokens in 9 hours during their presale. The remaining 10% sold out early the next morning. The entire Presale has been sold out in full in about 25 hours. According to the team, the community support was significant as the minimum...

Charles Hoskinson – the founder of Cardano –  stated that the project’s native cryptocurrency ADA is one of the greenest and most eco-friendly digital assets. He further opined that Tesla (TSLA) should choose it if it really cares about environmental sustainability. Tesla Should Go for Cardano (ADA) In a recent interview with Lex Fridman, Charles Hoskinson highlighted the benefits of his proof-of-stake blockchain platform Cardano. He noted that the PoS system is much better...

EOS seems to be forming a decent support base above the $4.50 level against the US Dollar. The price is currently testing the $5.05 zone and the 55 simple moving average (4-hours). There was a break above a major declining channel with resistance near $5.05 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a steady increase above the $5.25 and $5.50 resistance levels. EOS price is forming a base for a move above $5.50 against...

Traders and token holders of all kinds can now earn massive rewards on the dDEXX liquidity pools and yield farms. June 16th, 2021 — Fresh off the recent acquisition of the dVest Project portfolio and launch of the DeFiVest liquidity protocol, CPI Dev Team, Ltd. — the parent company of the Crypto Price Index project — has announced the launch of the dDEXX Automated Market Maker (AMM) based Decentralized Exchange (DEX) on the Binance Smart Chain. In addition to the...