Crypto news

[PRESS RELEASE – Please Read Disclaimer] With increasing activities in decentralized finance (DeFi) and blockchain space, the last year has been buzzing. DeFi has grown tremendously, from a total value locker (TVL) of $500 million on March 12. In order to be one of the most significant forces behind the crypto market bull rally of 2020/21. Currently, TVL in DeFi remains at over $50 billion. A Multi-Layer One Solutions Platform Ergo is a multiple-layer one solution providing...

Just as bitcoin started to show some promising signs for the bulls, it rolled over and fell by 5% today, hitting $33,000 – the low as of writing these lines. The primary cryptocurrency looked hopeful as it traded inside a short-term rising price channel since double-bottoming at $31.5K over the weekend. The price channel allowed BTC to hit a 12-day high at $36.6K on Tuesday, but the volume was not increasing and BTC reversed after failing to close a daily candle above the...

[PRESS RELEASE – Please Read Disclaimer] A truly “next gen” crypto casino with a sleek, original interface, JackpotCrypto is happy to announce their latest bonus offering: a new crypto deposit bonus of 100%, redeemable at any time while the promotion is active. The bonus is available to all existing members and can be taken advantage of by entering the promo code “Lambo100” before making their next deposit. JackpotCrypto is also doubling the first three deposits for players...

[PRESS RELEASE – Singapore, Singapore, 1st July 2021] CENTRE, a consortium run by crypto exchange Coinbase and payments firm Circle has announced the support to issue USD Coin (USDC) on TRON, one of the largest and most popular blockchain-based operating systems in the world. USDC was on Ethereum in 2018 and expanded to Algorand, Stellar and Solana in the second half of 2020, as of June 2021 TRON is now the fifth chain to issue USDC with more to follow in the latter half of...

EOS seems to be forming a decent support base above the $3.80 level against the US Dollar. The price is now trading well above $3.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $3.60 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair is likely to start a strong increase if there is a clear break above the $4.40 and $4.50 levels. EOS price is showing positive signs above...

Non-fungible tokens have lifted off in terms of popularity and use case this bull season. From being used as a fan token it has grown to become an independent ecosystem of its own attracting the attention of many mainstream artists, celebrities, and sports superstars. The NFT mania has gripped the whole world and despite the early hype, many prominent crypto personalities believe it has a long way to go. Amid various use cases right from auctioning rare memorabilia be it...

Litecoin price started an upside correction above the $120 zone against the US Dollar. LTC price is now well above the $130 level and the 55 simple moving average (4-hours). There was a break above a crucial bearish trend lien with resistance near $128 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear $145 and $150 to start a fresh rally in the near term. Litecoin price is slowly gaining pace above $130 against the US Dollar, unlike...

Warren Davison is a Republican congressman from the state of Ohio. He serves as a ranking member of the Financial Technology Task Force and recently took part in two panels at the Miami Bitcoin Conference where he discussed the prospects of a central bank digital currency and what it should offer its users. Davidson On the Status of Blockchain Tech He says that any kind of digital currency should always offer security, privacy, and everything else that fiat provides. In...

Twitter has become the latest entity to drop its own NFT collections despite a decrease in the hype surrounding non-fungible tokens. Announcing the development today, the social media platform revealed that it has created 140 NFTs, which will be distributed freely to 140 users. While the NFTs are free, about seven of them have already been listed on the Ethereum-based platform, Rarible, with a “not for sale” disclaimer. At the time of writing, the bidding price for each of...

Michael Saylor of MicroStrategy fame is convinced that China is making a huge mistake by not allowing bitcoin operations to continue within its borders. Michael Saylor Is Critical of China’s Decisions Over the past few days, bitcoin has experienced something of a surge. It was trading for about $29,500 just over a week ago, and yet today, the currency has risen to roughly $36,000. While this is by no means a heavy boom, the currency is doing considerably better, and the...