Crypto news

Elon Musk has always been there to push Dogecoin, and this week was no exception. The South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla tweeted that “Dogecoin is money,” and he wants everyone to take the asset seriously. Elon Musk Is Pushing Dogecoin Again Dogecoin is one of the most talked about cryptocurrencies in existence. First arriving on the monetary scene in approximately 2013, the currency initially began as a meme coin –...

Vasant Prabhu – Chief Financial Officer of the company – opined that crypto-related transactions using Visa are beginning to dwindle. The top executive informed that their peak was in April and May, followed by a drop starting from June. Cryptocurrency Transactions with Visa Are Calming Down The American multinational financial services corporation – Visa Inc. – recently announced its results for fiscal Q3 2021. According to the report, the company’s last three months were...

Bitcoin and other forms of cryptocurrency are becoming extremely well known. Nobody can deny this, and the names of these assets are going down in the financial history books like no other assets have in recent years considering how far they have come just in the last year alone. However, while it seems everyone in America knows what these currencies are, not that many people are willing to purchase them yet. Bitcoin Is Still Undervalued, According to Survey According to...

During the first half of 2021, the ETH volume surged by more than 1,400% totaling $1.4 trillion, while BTC’s increased by 489%, reaching a total of $2.1 trillion. ETH Beats BTC for The First Time Coinbase took data from 20 trading venues and released a report, where it informed that Ether’s trading volume spiked by 1,461% during the first six months of 2021. Its total climbed to $1.4 trillion compared to $92 billion in the first half of 2020. In the meantime, Bitcoin marked...

Bitcoin has spiked like there’s no tomorrow. After several weeks of dealing with bearish activity, the world’s number one digital currency by market cap has surged all the way to the mid-$38,000 range. The jump appears to have something to do with Amazon, the biggest retailer in the world, and its potential decision to begin its own cryptocurrency and accept bitcoin as a payment method before the year is out. Amazon Suggests It Will Accept BTC Amazon is arguably the...

ETH/USD – Ether Struggles WIth July Resistance @ $2340 Key Support Levels: $2250, $2150 – $2130, $2070.Key Resistance Levels: $2340, $2400, $2530. Ethereum is surging on the back of BTC rising almost 30% this week. The cryptocurrency managed to break the 50-day MA over the weekend and continued higher from hitting resistance at a descending trend line on Monday. Since then, ETH has struggled to break resistance at around $2340, provided by a bearish .236 Fib Retracement...

Bitcoin’s recent 55% drop from all-time highs may have done technical damage to the charts, but analysis strongly suggest BTC is still in a bull market. According to on-chain analyst “Gaah Cordeiro”, BTC is still in a bull market as shown by the MVRV Onchain metric. What is MVRV? MVRV stands for Market Value to Realized Value. The metric divides BTC’s Market Value by its Realized Value. This creates a ratio that can show if the cryptocurrency is overvalued or undervalued. A...

[PR – Singapore, Singapore, 28th July, 2021] The hi Dollar (HI), the membership token of hi, the innovative not-for-profit financial services provider, received a successful smart contract audit from CertiK, a leading formal verification platform, in preparation for its launch no later than 1 August 2021. hi chose to conduct its native token’s audit with CertiK due to their focus on security, transparency, and innovation within cybersecurity. The hi Dollar is a membership...

[PR – Gibraltar, UK, 28th July, 2021] Meme.com, which combines CoinMarketCap-like features in the meme world, is opening their platform for users around the world after raising $6 million earlier in the spring. Aiming to combine the cultural power of memes with crypto-economics, the Meme.com launch will allow people to buy and sell any Meme Tokens for the first time. When built out, Meme.com gives the opportunity to create, buy and sell Meme Tokens based on the perceived...

It’s been two months since Ethereum’s co-founder Vitalik Buterin shocked the entire crypto community with his $1 billion Shibu Inu (SHIB) donation to the COVID-Crypto Fund in India. However, cashing this in revealed to be troublesome, according to the fund’s creator. Only $20M Have Been Disbursed But to date, only an infinitesimal portion of the tokens have been distributed, according to Sandeep Nailwal, Polygon’s co-founder and the creator of the Fund that received the...