Crypto news

ETH/USD – Can ETH Break the 50-day MA Resistance Key Support Levels: $2100, $2035 – $2000, $1960. Key Resistance Levels: $2165, $2200, $2250. Ethereum rebounded from support at $1710 (June lows) earlier this week, as it quickly surged back above $2000 on Wednesday. It then continued to surpass the 20-day moving average (MA) line and the 200-day MA, on Friday, along with breaking above a descending trend line that dates back to the start of June. Yesterday, ETH managed to...

Hosted by the Crypto Council for Innovation and sponsored by Square and ARK Invest, “The B Word” was a day-long Bitcoin centric online event that aired on Wednesday, aiming “to correct mainstream narratives around Bitcoin, explain how institutions can embrace it, and raise awareness around areas of the network that need support.” While there were many profound speakers and stimulating discussions throughout the conference, the first two tracks featured some of the most...

Ampleforth – the algorithmic stablecoin with elastic supply – has been introduced in Aave’s lending ecosystem. Ampleforth (AMPL) Now Included in Aave While most stablecoins have a stable peg, Ampleforth (AMPL) is doing things differently. It’s designed in a way where the algorithm chases a target price and readjusts the overall supply. If the price is above the target, the total supply would increase and vice-versa: if the current price is below the target, the supply will...

[PRESS RELEASE – Please Read Disclaimer] BigWin is an open-source no-loss lottery playground combining DeFi and NFT, which announced its brand iteration days earlier. BigWin is trying to be a user-friendly and interesting lottery playground, the whale ocean park, the NFTs, and future functions created by the community, mainly for solving the problem of low user acceptance in DeFi, trying to give everyone a fair shot in this open, permissionless way of finance. “We would like...

The bulls have resumed control over the market in the past few days and have pushed bitcoin to a near three-week high at almost $35,000. The alternative coins have also benefited from these developments, with ETH closing down to $2,200 and DOGE sitting at $0.20. Bitcoin Taps an 18-Day High Ever since bitcoin bottomed at $29,200 on July 20th, the cryptocurrency has been on a roll. It bounced off immediately and reclaimed $30,000 in just a few hours. Shortly after, more...

Bitcoin rewards cards are typically only available to crypto traders and customers. Exchanges and companies like Coinbase offer them, but you need to be a client with the trading platform to get your hands on the product. Thus, it is often considered an exclusive tool. However, Upgrade Inc. is now making a crypto rewards credit card available to general members of the public, meaning you don’t have to be part of a specific organization or company to take advantage of...

David Lindberg – Chief Executive of retail banking at NatWest – warned investors to beware of dealing with digital assets in Britain. In his opinion, the market there is full of fraudsters who create fake cryptocurrency exchanges to lure users into thinking they are investing. ‘Fraud And Scams Are an Industry’ One of the top executives at the leading British bank NatWest – David Lindberg – alerted that the UK is not the best place for crypto investing. To him, the Kingdom is...

Cryptocurrencies are on the verge of losing their edge in European countries as members of the EU (European Union) are now looking into banning all anonymous crypto trades. The European Union Is Working on New Crypto Regulations The process is designed to ensure all monetary transactions are safe. The organization is seeking to end all financial crime such as money laundering and terrorist financing and representatives believe this will lead to a stronger environment for...

Continuing a long streak of crypto companies that have gone public, popular trading app Robinhood is the latest digital currency enterprise to announce an IPO (initial public offering). The company is alleging that it will garner as much as $2 billion in new funds from the event it is planning to hold in the next few months, according to a statement filed with the Securities and Exchange Commission (SEC). Robinhood Is Set for Its Public Debut Shares will start out at...

Most blockchain-based startups have seen funding from venture backers, despite the current cryptocurrency market downturn, recording over $4 billion in Q2 alone. This massive venture capital backing is in keeping with the established trend of VC funding for blockchain firms as investors look to be part of the new wave of disruption associated with decentralized finance. VC Backers Continue to Dole Out Funding for Blockchain Startups According to CNBC on Thursday (July 22,...