Crypto news

At the present time, bitcoin is suffering like it never has before. The world’s number one digital currency by market cap has fallen into oblivion after trading at its highest level of approximately $64,000 per unit in April. It is now currently selling for about $37,000 per unit. Many analysts, it seems, are beginning to write the currency off, but according to former U.S. Treasury Secretary Lawrence Summers, bitcoin and other cryptocurrencies could very well live up to...

Up to this point, the hidden narrative is that central banks are somehow threatened by bitcoin… That they are fearful of it, and that they will do all in their power to somehow keep it from spreading or reaching the top of the financial ladder. However, according to Huw van Steenis – a former top advisor to the Bank of England – this is not quite true. Huw vann Steenis: We’ve Got the Wrong Idea About Crypto and Banks Huw van Steenis presently works as a senior advisor to...

HSBC reaffirmed that it has no intentions to launch a cryptocurrency trading desk or offer Bitcoin as an investment option to its clients. According to the institution, the digital asset is too volatile and lacks transparency. ‘We Are Not into Bitcoin’ The current crypto market situation continues to be highly unstable, mainly fueled by China’s intentions to crack down on mining and trading with the primary digital asset. As such, it comes as no surprise that another major...

Community-driven decentralized projects have made the most of this bull season and even meme currencies that are similarly backed by a strong community have propelled to new highs be it Dogecoin or Shiba Inu. Another use case that has gained a lot of popularity in 2021 is Non-Fungible Tokens aka NFT. NFTs have become a goto token for celebrities from all walks of life to auction their rarest art piece and memorabilia saved onto a blockchain for secure identity. In 2021...

Die Saga um Elon Musk und den BTC ist noch nicht vorbei. Gestern trafen sich der Tesla CEO und führende Bitcoin Miner, um über die Nutzung von erneuerbaren Energien beim BTC-Mining zu sprechen. Bitcoin News: Elon Musik trifft sich mit Bitcoin Minern und der Kurs steigt wiederDas Resultat des Treffens war die Gründung des Bitcoin Mining Councils, welches erneuerbare Energien weltweit promoten möchte.Yesterday I was pleased to host a meeting between @elonmusk & the leading Bitcoin miners in...

Todd Morley – co-founder of Guggenheim Partners and chairman of the blockchain project Overline – said that Ethereum has ”much higher utility” than Bitcoin. Additionally, he outlined ETH’s rapid development progress. ETH Is More Than a ‘Thing’ In a recent Bloomberg interview, Todd Morley – a former executive of the global investment company Guggenheim Partners – compared the utilization of the networks behind the top two digital assets. However, he was short-spoken about...

[PRESS RELEASE – Ta’ Xbiex, Malta, 25th May 2021] Virtue Poker, an Ethereum-based decentralized poker platform has chosen the FunFair Wallet,  FunFair Technologies non-custodial wallet solution to power their new MGA licensed poker dapp. Particularly strong for acquisition, the wallet integration allows users to sign up to the Virtue Poker platform effortlessly without leaving the Virtue Poker dapp. Within the dapp itself, FunFairs solution enables users to create their...

[PRESS RELEASE – Tortola, British Virgin Islands, 25th May 2021] Cryption Network, a user-friendly defi platform built for retail users, has completed its latest funding round after raising $1.1m. The project welcomed investment from a slew of well-established private investors including Master Ventures, CMS Holdings, GravityX Capital, GenBlock. Additional capital came from Ascensive Assets, X21 Digital, AU21, WaterDrip, and angel investors like Polygon co-founder, Sandeep...

After plummeting to a multi-year low of -21%, the Grayscale Premium has normalized quite a bit to around -4%. The metric could return back to a positive territory later this summer as the majority of GBTC investors will see their holdings released. Grayscale Premium Returns to Normal Ground Founded in 2013, Grayscale is the largest crypto asset manager enabling accredited investors to receive exposure to BTC and other crypto assets without worrying about storing and managing...

ADA/USD – ADA Reverses At $1.56 Resistance Key Support Levels: $1.45, $1.40, $1.30.Key Resistance Levels: $1.6, $1.75, $1.80. Like most cryptocurrencies, ADA saw a drastic 63% price drop from a high of $2.52 to a low of $0.91 in May. It quickly rebound from the Wednesday price crash to $0.91 as it closed the daily candle above the 50-day MA. Unfortunately, during the remainder of last week, ADA slowly declined into the 100-day MA around $1.30. Yesterday, it found support at...