Crypto news

The trend of giant banks developing crypto services is expanded beyond the US with Switzerland’s UBS Group AG. The institution plans to enable its wealthy customers exposure to digital asset investments later in the year. By citing people familiar with the matter, Bloomberg reported that UBS Group AG is in the “early stages of planning to offer wealthy customers digital currency investments.” The bank, based in Zurich, Switzerland, with over $1 trillion in Assets Under...

[Press Release – Panama, 10th May, 2021] The public company ILUS International Inc., and Toto Capital announced that their native coin, ILUS, is currently in their presale. The ILUS coin is the world’s first recognized coin to contribute towards a safer and more sustainable world, while also providing incentives and upside to ILUS coin holders. While the ILUS Group of Companies manufactures and distributes proprietary emergency response and life safety equipment and services...

Michael Saylor, co-founder, and CEO of the business analytics company MicroStrategy believes it is not wise to bequeath the trendy cryptocurrency Dogecoin to your grandchildren. In comparison, he outlined BTC’s potential and breached the significant differences between the primary cryptocurrency and the meme token. Saylor Warns About Dogecoin Investments In a recent interview, MicroStrategy’s leader – Michael Saylor – touched upon Elon Musk’s recent tweets and public...

After reaching today’s high of $59,600 according to bitstamp, Bitcoin reversed back into the rising wedge it is currently trading inside as can be seen on the following 4-hour chart. BTC performed well over the weekend as it broke above a descending trend line on Saturday, and climbed above the Feb 2021 highs of $58,355, however, yesterday’s daily close was below the significant resistance area. As mentioned above, today’s current high is the upper boundary of an ascending...

Stellar lumen price started a fresh increase above the $0.5500 resistance zone against the US Dollar. XLM price is now trading well above $0.6000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $0.5800 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.6800 and $0.7000 resistance levels. Stellar lumen price is gaining pace above $0.5500 against the US Dollar,...

Ripple price started a steady increase and it tested the $1.75 resistance against the US dollar. The price is now consolidating above $1.50 and close to the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1.58 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair could start a major increase if there is a clear break above $1.58 and $1.60. Ripple price is struggling to stay above the $1.50...

[PRESS RELEASE – Please Read Disclaimer] Atom Solutions Co., Ltd. (hereinafter referred to as Atom Solutions), developers of the cryptocurrency trading and overseas remittance platform “Eternal Wallet”, has announced that its in-house developed token, The Transfer Token, will migrate to a DeFi token protocol. The Transfer Token (hereinafter referred to as TTT) is a token issued by Atom Solutions. The most exceptional feature is that by holding and lending TTT on our platform...

Charlie Munger – who is the righthand man of Berkshire Hathaway CEO Warren Buffett – hates bitcoin probably even more than his boss does. Charlie Munger Has No Bitcoin Love As the vice chairman of the company, Munger states that bitcoin’s success over the last several years makes him nauseous, and that the currency’s background as a go-to token of illicit behavior should have ultimately given it the boot early in the game. Munger commented in a recent Q&A: Of course,...

[PRESS RELEASE – Please Read Disclaimer] DeChart’s DCH token sale is now live on UniCrypt , giving control back to traders and fantastic staking opportunities. 9th May 2021, London, United Kingdom – One of the most important aspects of trading is historical trading data. It is vital for informing all trading decisions, suggesting the future of an asset’s trade pattern, and assessing an asset’s value. Despite the top decentralized exchanges (DEXs) such as Uniswap and...

Gary Gensler – the new head of the Securities and Exchange Commission (SEC) – says that while he understands why so many people are eager to jump aboard the crypto bandwagon and invest in these new assets, there is still too much fraud meandering about, and more regulations need to be implemented as a means of protecting people from illicit behavior. Gary Gensler Wants More Crypto Regulations One of the big problems Gensler has with crypto – bitcoin specifically – is...