Crypto news

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 965. Im heutigen Video geht’s um folgende Themen: Der Blockchain-Ausweis kommt, Exchanges leiden aufgrund von DeFi Boom in China & Binance startet eine neue DeFi – Yield Farming Plattform. 1.) Der Blockchain-Ausweis kommthttps://www.btc-echo.de/der-blockchain-ausweis-kommt/ 2.) Exchanges suffer as Chinese users chase DeFi gainshttps://cointelegraph.com/news/exchanges-suffer-as-chinese-users-chase-defi-gains...

Ethereum price declined sharply below $400 and found support near $310 against the US Dollar.ETH price is likely forming a support base above $310 and it might start a decent recovery.There is a key bearish trend line forming with resistance near $355 on the 4-hours chart (data feed from Coinbase).The pair could recover towards the 55 simple moving average (4-hours) if it clears the $360 resistance.Ethereum price is showing a few positive signs above $340 against the US Dollar. It seems like...

Andrew Bailey – governor of Britain’s Central Bank (BCF) – is clearly not a bitcoin fan.Andrew Bailey: BTC Has No Connection to MoneyIn a recent webinar hosted by the financial institution, Bailey took the time to explain bitcoin, stable currencies and central bank digital currencies (CBDCs). While he was relatively positive about the latter two entities, bitcoin appeared to rub him the wrong way, and he wasn’t very complimentary of the world’s number one digital currency by market cap.In the...

The whole fever of DeFi and high-risk investments may soon turn into Ethereum’s worst nightmare, and those responsible for this debacle may not be the yield farmers.Rather, it could be the participants of a giant investment plan cataloged as a Ponzi/MLM scheme by several experts and authorities around the world.For those unfamiliar with the situation, Forsage is a high-risk project (financially and legally) in the Dapp ecosystem. Like other sad examples in the crypto industry such as...

Former hedge fund manager turned bitcoin and crypto investor Mike Novogratz appears to have predicted the recent bitcoin crash that’s affected the space. He said not too long ago in an interview that there was a “speculative frenzy” surrounding bitcoin that he thought was getting too out of hand.Mike Novogratz Warned Us About BTCOne of the big problems with bitcoin is that whenever it shows signs of spiking, people – largely new investors – want to get in on the action. This would be fine,...

Being able to mine cryptocurrency and earn a passive income without having to buy thousands of dollars’ worth of hardware almost sounds too good to be true. However, it is a real practice that countless crypto users have turned to in order to profit in a much safer way than trading digital coins.This is, of course, possible through the process of staking.Staking allows you to lock a number of coins that you own in a crypto wallet, and then use them to help run the coin’s network. In doing so,...

Bitcoin has risen by roughly $300 today in a surprise twist. While this is nothing to get excited about just yet, it does mean that bitcoin is once again in the five-figure range. As of this morning, it’s been trading for just over $10,200.Bitcoin Has Risen Slightly Over the Past 24 HoursThis potentially puts all the worries that analysts had about bitcoin falling below the $10K line to rest granted the world’s largest cryptocurrency by market cap can potentially remain above this level. If...

The Australian Securities and Investment Commission (ASIC) has banned an Australian national from working in the financial sector. According to the watchdog, John Louis Anthony Bigatton operated as the Director of Australia Promotions for the notorious cryptocurrency scam – BitConnect.Aussie National Banned For BitConnect ParticipationAs CryptoPotato reported last year, the Australian corporate regulator cracked down on the alleged BitConnect promoter John Bigatton. At the time, the Federal...

So much for ‘this is the last time you’ll see Bitcoin under five figures”.Bitcoin price is now hovering along the top of the unfilled CME gap at $9,925, and looking very likely that it will break down to $9,665 soon to close it off. This anticipation of more downside in the short-term has been reflected by the global crypto market capital, which has fallen by a further $15 billion in the last 24 hours.It is hoped, however, that once the gap is filled, there will be nothing holding back the #1...

After a freefall that led to an almost $2000 drop, Bitcoin’s price is showing signs of stability. From a March vs. September BTC price action comparison chart, however, it’s possible that the pain is just beginning.Why Did Bitcoin Price Crash Last Week?Several possible reasons can be attributed to Bitcoin’s near 20 percent crash. Miner selloff is one of the strongest possibilities, as suggested by CryptoQuant. After the price drop, the on-chain/data provider shared statistics that pointed to...