Crypto news

The amount of stablecoins on exchanges has surpassed the number of bitcoins. Combined with the entire crypto sentiment and the enhanced BTC withdrawals from trading platforms, the price of the underlying asset could be primed for a boost. Stablecoins Ratio MACD Suggests a Leg Up for BTC According to data from the crypto analytics resource CryptoQuant, the Stalebcoins Ratio MACD indicator has gone into a more bullish state for bitcoin. The metric follows the amount of BTC...

[PRESS RELEASE – Aarhus, Denmark, 26th May 2021] Hoard Exchange, an Ethereum based NFT marketplace for trading, renting, and lending NFT’s will be opening its gates on May 26th. Hoard allows users to borrow and pledge NFT’s of all kinds such as in-game items, digital art, domain names, and more. Users can trade their own NFT’s by listing them or discover other NFTs to purchase. Once a user acquires an NFT or uploads his own NFT into the marketplace, he can use them as...

BNB/USD – BNB Rebounds From $255 .886 Fib Support. Key Support Levels: $360, $305, $280.Key Resistance Levels: $388, $400, $442. BNB had already dropped from $680 to reach as low as $560 before the market capitulation last Wednesday. During the crypto-wide sell-off, BNB continued to fall beneath $500 until support was reached at the 200-day MA around $280. It continued to decrease during the remainder of last week until lower support was found at $255 (.886 Fib) on Sunday....

After blaming BTC mining for electricity blackouts and sending spies to hunt down illegal miners, Iran has placed a temporary ban on such endeavors in its borders. According to a Bloomberg coverage, the Iranian government has placed a ban on all cryptocurrency mining endeavors until September 22nd. The ban is effective immediately and comes ahead of the country’s highest energy consumption season. This is Iran’s most strict attempt to reduce crypto mining, which soared in...

The UK’s Advertising Standards Authority (ASA) banned the trendy ”time to buy Bitcoin” Luno ads. The country’s officials called them ”irresponsible” and sounded an alarm of caution for inexperienced investors. No More BTC Ads The UK’s Advertising Standards Authority introduced severe restrictions for the crypto space in the past year. The British daily newspaper – The Guardian – reported today that ASA continued with its tough stance towards digital assets and banned the...

Tron price extended its decline below the $0.1000 and $0.0900 support levels against the US Dollar. TRX price is now trading well below $0.1000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $0.0900 on the 4-hours chart (data feed via Bitfinex). The pair is likely to face a strong selling interest near the $0.0900 and $0.0920 levels. TRON price is showing negative signs below $0.1000 against the US Dollar,...

Bitcoin price started a steady recovery from the $31,120 zone against the US Dollar. The price is now testing the $40,000 resistance zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $36,900 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to clear the $40,000 resistance and continue higher in the near term. Bitcoin price is attempting an upside break above...

South Korea announced plans to establish a pilot program examining the possibility of developing and launching a digital version of the won. The country’s central bank will focus on how the CBDC will work with mobile payment transactions, internet banking, saving accounts, transferring funds, and more. South Korea CBDC Pushes Forward According to a recent Reuters report, the Bank of Korea (BOK) will develop a pilot platform to boost its central bank digital currency (CBDC)...

It is rare that bitcoin is used for commercial purposes. Despite being initially designed to replace credit cards and fiat for the purchasing of goods and services, it seems like there are so few stories involving bitcoin being utilized as a payment method, and when they come to our attention, they usually stem from several years ago. Such is the case for Alex Taub and the New York Knicks tickets he bought with bitcoin in the year 2013. Alex Taub and His Bitcoin Journey...

Ripple has been included in CNBC’s Disruptor 50 as the #38 of most successful private companies this year —primarily due to its innovative approach towards borderless payment technology and becoming one of the largest crypto companies in the world. This year’s CNBC’s Disruptor 50 is the ninth annual list of private companies thriving amidst the pandemic and making innovative approaches in their business models and the fields they’re in. Some of the listed companies include...