Crypto news

A young man who committed suicide a few years ago left a massive bitcoin fortune worth more than $300,000 that his family cannot access. A Lot of Bitcoin That’s Inaccessible The brother of the man took to Reddit to seemingly ask bitcoin enthusiasts what his sibling’s password might be. He also asked if it was “morally wrong” to potentially garner access to the bitcoin stash, which contained as many as ten separate units. The person in question relayed the story of his...

The Chairman of the Federal Reserve of the United States, Jerome Powell, said today that the country is working on a publisher’s report on digital currencies. The Fed Chair said that the incoming report would focus on digital payments “broadly.” Per his words, this also includes stablecoins, crypto-assets, and central bank digital currencies (CBDCs). We’re going to address digital payments broadly. It means stablecoins, it means crypto-assets, it means a CBDC. That whole...

Energy Harbor Corp. has announced that it will partner with a firm known as Standard Power over the next five years to provide carbon-free, clean energy from its nuclear sources to ensure Standard Power can mine cryptocurrencies without leaving a heavy mark on the environment. Standard Power will begin utilizing this type of electricity by the end of this year. Standard Power Seeks Green Methods of Extracting BTC Bitcoin and cryptocurrency mining has been at the center...

The European Central Bank will start an investigation phase of a digital euro project, which will last 24 months after years of dabbling with the idea. The organization promised privacy protection and also lower energy consumption than Bitcoin. Although the idea of a central bank digital currency has floated around for years, the ECB has never shown genuine interest in actually looking into it. In the past, bank officials, including President Christine Lagarde, have shared...

OTC deals are currently widespread. What advantages and features do they have? Today, the cryptocurrency trading market is developing at an ever-increasing pace, and the market is predicted to have a great future for cryptocurrency trading. If previously OTC deals were conducted on forums, now users and market participants prefer to trade on specialized services. Advantages of OTC cryptocurrency trading Safe and profitable OTC deals can be made quickly and conveniently...

The largest Ethereum whales have taken advantage of the recent slump of ETH’s price and bought more. As a result, the top ten wallets now own over 20% of the asset’s total supply, says on-chain data. Top 10 ETH Accounts Own More Than 20% of Supply By examining the behavior of the top ten largest ETH addresses, the analytics resource Santiment outlined their selling and accumulation phases in the past few months. In fact, they had taken profits in mid-May as the asset’s price...

By partnering with the German online retail platform comdirect, 21Shares AG will enable investors to purchase BTC and other digital assets for their savings accounts. Crypto as a Saving Option 21Shares AG, the Swiss-based investment product issuer, has partnered with the large German online brokerage – comdirect – to bring its cryptocurrency exchange-traded products, or ETPs, to the latter’s savings plan program (Spar plan). As a result, comdirect’s nearly three million...

CryptoUniverse, one of the leaders of the cloud mining industry, has announced a partnership with Binance as part of the rollout of a new mining program. The new mining program allows users to team up to purchase collective mining contracts and share in the rewards. Launched in 2017, CryptoUniverse has long been a mainstay of the global cloud mining scene. The mining center that houses the project is located in the Karelian Republic in northern Russia where it has access...

BTC started the week with a 7% pullback, a jump in BTC Bitfinex Shorts, and uncertainty over Grayscale’s GBTC unlock. On-chain analysis detected Net Exchange Inflows and increasing Bitfinex Shorts before BTC started its latest price dump, as can be seen on the following charts: BitFinex shorts accumulating before the recent BTC crash Netflows of BTC. Daily chart by CryptoQuantHowever, the good news for the bulls is that there are signs of large investors stepping in and...

Tron price started a fresh decline from well above $0.0650 against the US Dollar. TRX price is now trading well below $0.0620 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $0.0640 on the 4-hours chart (data feed via Bitfinex). The pair is likely to continue lower below $0.0560 unless the bulls gain strength above $0.0650. TRON price is slowly moving lower below $0.0600 against the US Dollar, similar to bitcoin....