Crypto news

Bitcoin saw another sharp 17% price drop today, causing the cryptocurrency to spike as low as $36,250 as of writing these lines. In total, the coin has now dropped by over 30% in a matter of days, and 40% below the current all-time high at around $65k. The first signal for the bitcoin downturn was the break beneath the rising trend line at the beginning of the past week when BTC fell beneath the $50,000 psychological support. From there, the coin continued to drop to find...

The honeymoon period between Tesla and Bitcoin may have ended as the latter’s price has returned to levels before the EV-maker entered the scene. Despite the massive crash, though, several on-chain instruments suggest that long-term holders have refused to sell, while some larger whales may have used the opportunity to buy the dip. Bitcoin Back to Pre-Tesla Price Levels Elon Musk’s electric vehicle giant broke the internet in early February when it revealed that the firm had...

Real Research is a respected survey conduction platform and is powered by blockchain technology. The project is run by the renowned TNC IT Group. Real Research offers a global service to those who seek answers in their business or academic journey. The platform is open to all users and anyone can create and deploy unique surveys to reach a vast audience. The Real Research app and Sponsor Portal go hand-in-hand, with these tools, users on the platform are armed with the...

Ethereum price started a fresh decline from well above $3,500 against the US Dollar. ETH price is currently trading well below $3,500 and the 55 simple moving average (4-hours). There is a major declining channel forming with resistance near $3,600 on the 4-hours chart (data feed from Coinbase). The pair must stay above $3,000 to start a fresh increase in the coming sessions. Ethereum price extended its decline below $3,500 against the US Dollar. ETH/USD is approaching...

After the first successful parachain on Kusama is demonstrated, Polkadot will transition towards a complete main net launch, allowing for Wood’s dream of a scalable multichain platform to be completed. Testing Methodology The creation of parachains will be groundbreaking, but their viability must be tested thoroughly before deployment. Parachains are fine-tuned chains for specific purposes, and they benefit from a central security model (the Relay Chain), which protects them...

You know a cryptocurrency has reached a whole new pinnacle when it features its own hard fork or spin-off coin. In bitcoin’s case, there are several assets that stem from its technology such as Bitcoin SV (BSV), bitcoin cash (BCH) and Litecoin (LTC). Now, it looks like Dogecoin – a cryptocurrency that was never designed to be taken seriously – has its own alternate currency known as Shiba Inu coin, and some people have already become millionaires thanks to early...

Goldman Sachs executive Aziz McMahon has resigned from his position with the financial giant after garnering a massive cryptocurrency fortune. Aziz McMahon Is Out at Goldman Sachs This news is coming at a time when most cryptocurrencies are in the doldrums. Bitcoin, for example, has fallen from its recent all-time high of $64,000 per unit – initially achieved in April of this year – to about $48,000 at press time. This is a $16,000 drop, and many other leading altcoins...

XRP/USD – Bulls Finally Push Above Symmetrical Triangle Pattern Key Support Levels: $1.50, $1.30, $1.25.Key Resistance Levels: $1.74, $1.82, $1.98. XRP had been trading inside a symmetrical triangle pattern since mid-April. The coin attempted to break toward the upside of this pattern at the start of May but failed to close a daily candle above the upper angle on each attempt. Over the past fortnight, XRP dropped into the support at $1.25, provided by the Feb 2018 highs. It...

The largest Ethereum wallets have refused to dispose of substantial quantities of their holdings despite the massive turbulence that the asset experienced in the past week. At the same time, a study compiled by a researcher from the Ethereum Foundation estimated that once the network transitions from PoW to PoS, it will reduce the energy consumption by 99.95%. Ethereum’s Whales Have Not Sold The second-largest cryptocurrency has been among the best performers since the start...

[PRESS RELEASE – 18 May 2021, Tallinn, Estonia] Relite Finance, a cross-chain DeFi lending protocol, has announced $RELI trading opening on Uniswap after the successful completion of an IDO on PAID’s Ignition Launchpad. Both available RELI (Relite’s native token) pools were filled within the first several minutes, following the high level of community interest shown during the whitelist subscription period. As was the case with the preceding private sale, the Relite Team has...