Crypto news

Saber, a cross-chain stablecoin and wrapped tokens exchange built on the Solana protocol, recently announced that it had raised $7.7 million in a just-concluded seed funding round led by Race Capital.  Saber Secures Funding From Industry Investors  Other venture capital firms that participated in the equity funding round include Jump Capital, Multicoin Capital, Chamath Palihapitiya’s Social Capital, and Solana Foundation, among others.  The $7.7 million investment round also...

XRP/USD – XRP Hits 200-day MA. Key Support Levels: $0.7, $0.679, $0.6.Key Resistance Levels: $0.768-$0.782, $0.8282, $0.9. XRP saw an impressive 10% gain today after announcing a remittance corridor between Japan and the Philipines. It had surged up to 15% but has since retraced a bit. In addition, the coin managed to break the 20-day MA level at $0.6 on Monday and has since continued above it. Before this, XRP was trading inside a descending wedge formation which was...

Tron price started a fresh increase above the $0.0580 resistance against the US Dollar. TRX price is now trading well above $0.0580 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.0585 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue higher above the $0.0620 and $0.0640 resistance levels. TRON price is trading in a positive zone above $0.0600 against the US Dollar, similar to...

Bitcoin price started a fresh increase above the $35,000 resistance against the US Dollar. The price is now trading well above the $35,000 zone and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $37,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair might correct lower, but the bulls are likely to remain active near $37,000. Bitcoin price is slowly gaining bullish momentum above $38,000...

For many institutions and high-end investors, bitcoin was not always an asset worth considering. However, with the price spiking to such an immeasurable degree, it looks like 2020 and 2021 have seen many of these individuals beginning to step into the crypto foray to take advantage of the space’s growing benefits. One of these individuals is Thomas Peterffy, the founder of online brokerage company Interactive Brokers. Interactive Brokers’ Thomas Peterffy Now Owns Crypto...

Developer’s of the privacy token Monero (XMR) have found a bug that breaks its transaction privacy, according to recent tweets on Monday. The official Monero Twitter account warned users of a “rather significant bug” in the Decoy system. The bug was at first discovered by software developer Justin Berman when he found out that if a user spends their XMR tokens after 20 minutes of receiving them (two blocks time), it’s likely that their transaction will be identified as the...

South Korea is cracking down on cryptocurrency exchange activity within its borders. South Korea Is Taking a Stance South Korea, at one time, accounted for more than one quarter of the world’s bitcoin and crypto transactions, though it appears the country’s presence within the digital currency space has died down a bit over the last three years. Nevertheless, the nation is still looking to purge all foreign digital currency exchanges from its terrain as a means of ending...

In an effort to drive crypto adoption in the United States, Dash, an open source cryptocurrency forked from the Bitcoin protocol, has recently launched a retail savings app dubbed DashDirect. Dash Launches DashDirect Savings App In its official announcement today, Dash revealed that the new app will allow DASH holders to spend their coins at thousands of retail stores in the U.S. Users of the app can pay with DASH for exclusive discounts on their everyday purchases at...

Between 2018 and 2021, the number of Americans holding bitcoin and other forms of cryptocurrency tripled. This is good news in the sense that bitcoin is becoming more well known and popular. Sadly, so many of these individuals still view bitcoin as a high-risk asset. Bitcoin Ownership Is Growing Every Day Over the past year or so, bitcoin has taken on new form in that many began to see it not as a speculative asset, but as a potential hedge tool. With inflation rising...

Global payment giant Mastercard has introduced a new Start Path startup engagement program for cryptocurrency and blockchain companies, with the aim of improving innovation and increasing crypto adoption. Seven Crypto and Blockchain Companies Join Startup Program In a press release on Tuesday (July 27, 2021) Mastercard revealed that seven cryptocurrency and blockchain startups have joined the company’s new Start Path program. Since the beginning of the startup initiative in...