Crypto news

Victory Capital Holdings has outlined plans to enter the cryptocurrency market through its wholly-owned investment adviser, Victory Capital Management. To do so, the branch has partnered with Nasdaq and crypto-focused asset manager Hashdex. Founded in 2013, Victory Capital Holdings is a US-based asset manager with nearly $160 billion in AUM as of April 30th, 2021. According to a press release shared on June 9th, the firm’s investment adviser, Victory Capital Management, has...

Bitcoin is up by 12% from yesterday’s low of $31,000, according to Bitstamp, and is currently battling to climb above a descending trend line that spans the first week of June. The primary cryptocurrency saw a turbulent week after breaking beneath the previous symmetrical triangle pattern on Monday. BTC kept sliding following the bearish breakout as it even broke the late-May support at $33,500 and continued lower yesterday to hit the low at $31,000, which was the lowest...

[PRESS RELEASE – Media, PA, USA, 9th June 2021] Today the hit blockchain-based trading card game completed the sale of its final claims to Plots of virtual land in the game’s upcoming land expansion. This sellout comes nearly six months before the anticipated release of the land expansion near the end of 2021. The expansion has been the most eagerly anticipated release in the company’s history, attracting thousands of new players and NFT collectors to the game throughout the...

One of the world’s leading brokerage companies, Interactive Brokers, will be offering cryptocurrency trading services to its clients by the end of summer 2021. According to a recent report by CNBC, Interactive Brokers will start allowing its customers to trade cryptocurrencies by the end of summer 2021. Speaking on the matter was the Chairman and the CEO of the company, Thomas Peterffy, who said: Customers certainly are asking for cryptocurrency trading and we expect to be...

Bitcoin’s price is nearing a critical level as the 50-day moving average is close to the 200-day moving average. The so-called death cross typically results in significant price volatility, with history suggesting two possible outcomes. Scenario 1: Bitcoin Goes Down Hard Ever since BTC peaked in mid-April at $65,000, the cryptocurrency has failed to continue or even maintain its run. Just the opposite, the asset has lost roughly 50% of its value in less than two months. By...

Decentralized Finance (DeFi) wird einen signifikanten Einfluss darauf haben, wie Banken in Zukunft arbeiten werden. Das Potenzial birgt die Möglichkeit die gesamte Finanz- und Bankenwelt auf den Kopf zu stellen und vielleicht sogar zu ersetzen. Bevor wir uns das ein wenig näher ansehen, müssen wir noch einen kurzen Ausflug zu Decentralized Finance (DeFi) machen. Defi steht für dezentralisierte Finanzmärkte (engl.: Decentralized Finance). Es geht vor allem im Krypto Bereich darum, neue...

Tron price is trading in a bearish zone below the main $0.0800 resistance against the US Dollar. TRX price is now trading below $0.0750 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down unless there is a clear break above $0.0750 and $0.0850. TRON price is showing bearish signs below $0.0800 against the US Dollar,...

Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar. The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels. Bitcoin price is showing...

Bitcoin is a volatile asset. We are seeing that now like we have a thousand times before, and this volatility has caused many problems for bitcoin, but per Norway’s finance minister Jan Tore Sanner, this volatility may ultimately disappear in the coming future. Should this ever occur, it would really help cryptocurrencies becomes the mainstream and legitimate assets they have always hoped to be. Jan Tore Sanner: Volatility Must End if BTC Is to Do Anything Big Volatility...

An anonymous buyer paid the record-breaking $22.5 million in digital assets to acquire a deluxe penthouse in Miami Beach. The deal became the most expensive known residential transaction paid with crypto. The Pearl of Arte Surfside Sold for Crypto In a recent press release, Forbes announced that an individual purchased an exclusive oceanfront condo located in the Surfside neighborhood in Miami for the colossal sum of $22.5 million. The buyer used cryptocurrencies to obtain...