Crypto news

Coinbase is arguably one of the largest and most popular cryptocurrency exchanges in the western hemisphere. The company has become the first and only crypto exchange as of late to be listed publicly, and it is estimated that the firm has a valuation of approximately $70 billion or more. However, it looks like the company is experiencing some solid competition in the form of bitcoin payments firm Strike. Strike Is Bringing the Heat to Coinbase Over the years, Coinbase –...

The bitcoin spikes that have occurred over the past year have led to serious jumps in ransomware attacks according to new data from Barracuda Networks, a company that provides cybersecurity products and services. Barracuda Networks Sheds Light on BTC Ransomware Between October of last year and May of 2021, the price of bitcoin rose by nearly 400 percent. That is the good news. Obviously, there are many crypto traders that raked in some heavy profits, and several...

In a bid to equip decentralized application (dApp) developers with the necessary tools for maximum production, Ethereum blockchain developer platform Alchemy has announced a partnership with Polygon to enhance the network’s capabilities.  Alchemy Integrates Polygon The firm made the announcement today, stating that the move would supercharge the development of Polygon and the Ethereum network.  Furthermore, the partnership would also provide the necessary tools to dApp...

Bitcoin, Ethereum, Dogecoin, Tesla, and Facebook… Over the past several months, many analysts have talked about how all these entities are potentially related and how they correlate with each other. It is widely believed that altcoins like ETH follow bitcoin’s patterns, while it is alleged that bitcoin and stocks will mimic each other’s behavior. Either way, per Sam Bankman-Fried – the CEO and founder of popular cryptocurrency exchange FTX – believes that all these...

Bitcoin price is consolidating in a range below the $35,000 resistance against the US Dollar. The price is now trading near the $34,250 zone and the 55 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $35,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to start a major increase if there is a clear break above the $35,000 resistance. Bitcoin price is recovering higher above...

Guests of the Pavilions Hotels & Resorts can now pay for their accommodation with over 40 cryptocurrencies, including BTC and ETH. The service will be available from today – July 7th. An Exotic Adventure in Exchange for Crypto According to a recent press release, The Pavilions Hotels & Resorts partnered up with the cryptocurrency trading platform Coindirect to provide its clients the option of digital asset payments. The hotel group guests can choose among more than...

[PRESS RELEASE – Please Read Disclaimer] Edinburgh, Scotland, July 7, 2021 — Global cryptocurrency exchange Paybis introduces several new payment options for its international customers. Paybis users will now be able to purchase cryptocurrencies using the United Kingdom’s Faster Payments system and the European Union’s Single European Payment Area for instant GBP and EUR deposits respectively. The exchange has also launched local bank payments in the United States as well as...

While a slew of DeFi tokens are surging in value, the ‘Dogecoin Killer’ Shiba Inu has topped the Ethereum network in terms of gas usage, suggesting a strong connection between the two. Shiba Swap and the ensuing DeFi Wave Earlier yesterday, SHIB (the official Twitter account for the SHIBA ecosystem) announced that Shiba Swap had gone live. Shiba Swap is a decentralized exchange developed by the anonymous Shiba Inu team, which also allows traders to stake their SHIB tokens and...

Shortly after announcing a collaboration with Formula 1, CryptoCom has become an official partner of the Ultimate Fighting Championship. As a result, the popular exchange’s branding will appear on the fighters’ kit. According to a press release shared with CryptoPotato, the giant sports brand UFC has agreed to a fight kit deal with the cryptocurrency exchange CryptoCom. Consequently, it will enable the trading venue’s brand to appear on fight apparel (shorts, shirts, hoodies)...

The Knesset, Israel’s unicameral legislative body, could become the world’s first government entity to employ blockchain technology, and more specifically – NFTs. The incoming President Isaac Herzog will reportedly receive an NFT of the original oath signed by his late father – the nation’s sixth President. Born in 1960, Isaac Herzog is the President-elect of Israel who could go down in history as the first head of a country to receive a non-fungible token on his inauguration...