Crypto news

The current path from fiat to crypto for new users can be complicated. Not only do many exchanges not accept fiat, but the process itself can be confusing. Once inside the crypto ecosystem, crypto-to-crypto exchange, either on centralized exchanges (CEXs) or decentralized exchanges (DEXs) is fairly straightforward for those who have experience, even when buying meme coins with ever-expanding utility. But the learning curve for crypto outsiders is steep, and the...

Bitcoin price started a strong decline below the $40,000 support against the US Dollar. The price is now trading well below $45,000 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $40,500 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a strong recovery if it settles above $42,000 in the near term. Bitcoin price is attempting an upside correction from $30,000...

The past week was quite the rollercoaster in the cryptocurrency market – both in terms of price and sentiment. And by sentiment, I mean the community’s affection to one of the most influential, popular, and rich people on the planet. Of course, I’m talking about Tesla’s CEO – Elon Musk. Before I go in details with my opinion as to why I believe Bitcoin doesn’t need him (or anyone else of his kin, for that matter) and if it does – it means it failed, I’m going to give a short...

Bitcoin is king of the crypto space. There is no denying that. Therefore, whichever way it goes – either up or down – other assets and blockchain-based entities are likely to follow. If bitcoin is in the green, others tend to do quite well, but if it is in the red, things are dropping like flies. Coinbase knows this all too well. Coinbase Ain’t Doing So Hot As one of the largest and most popular cryptocurrency exchanges in the western hemisphere, Coinbase made the...

There comes a time when people need to learn to stop talking and just listen. It looks like that time has come for Elon Musk. Either he is oblivious to his power within the crypto community, or he likes to make waves as a hobby, but his latest discussion regarding selling his bitcoin stash has delivered a hard blow to the world’s number one digital currency by market cap. Elon Musk May Cash Out of Crypto Musk – the South African entrepreneur behind billion-dollar...

[PR – New York, New York – May 18, 2021] Sweet, the leading enterprise NFT solutions provider, announced the integration of its NFT distribution platform into the Shopify marketplace, empowering brands, shop owners, and IP holders to sell NFTs through existing online store-fronts. The addition of Sweet into the Shopify platform enables global retail and entertainment brands to capitalize on the growing demand for NFTs while keeping consumers in their own branded checkout...

Justin Sun, the founder of TRON, just announced that he purchased over $150 million worth of bitcoins at an average price of about $36,800. In what some are calling ‘the greatest wealth transfer of the year,’ Bitcoin and the cryptocurrency market at large plummeted over 50% before rebounding over 25% within hours. Amidst a slew of liquidations, several high-profile cryptocurrency advocates like Michael Saylor spoke out, reaffirming their bullish thesis, unexpectedly including...

Bitcoin has fallen into the dung heap. The currency – which last month hit a new all-time high of roughly $64,000 – is now trading for about $20,000 less and is trapped in the $43,000 range. It also looks like things are going to be unsteady for the next couple of weeks according to billionaire investor and former hedge fund manager Mike Novogratz. Mike Novogratz: Expect Things to Be Down for the Next Month Novogratz is arguably one of the world’s biggest bitcoin...

The investment department of the large multinational financial service organization, Wells Fargo, is looking into offering cryptocurrency products to its institutional clients. A senior executive outlined the innovation in a recent interview and called bitcoin “a nice diversifier.” Wells Fargo Getting on the BTC Wagon? In a recent interview with BusinessInsider, Darrell Cronk, president of the Wells Fargo Investment Institute (WFII), highlighted the bank’s recent...

[PRESS RELEASE – Milan, Italy, 19th May 2021] Luxury fashion brand Angelo Galasso is releasing its first collection of nonfungible tokens (NFT), which are designed to be sold alongside and reinforce the exclusivity of its handmade items by binding the digital and physical into a single bundle. Through a collaboration with acclaimed digital artist Doc Lee from altered.tv, who has previously worked with brands such as Jaguar, Disney, Cartier, and others, Angelo Galasso is...