Crypto news

Bitcoin’s price is back in decline as $12 billion suddenly evaporated off the crypto market cap. This includes approximately $10 million worth of BitMEX BTC longs, which have already been liquidated due to the sudden breakdown. In the last 4 hours, BTC has tanked over 3% from $10,900 to a low of $10,560 and broken through both the 50 and 200-day EMA lines. The rest of the altcoin market is also experiencing heavy losses as traders withdraw into Stablecoins and other safer...

The latest news coming out of Iran points to growing support for Bitcoin and cryptocurrency miners in the country.Miners will now have access to the electricity output from three power plants to mint digital assets, courtesy of Iran’s Thermal Power Plant Holding Company (TPPH).Tender For Bitcoin, Crypto Miners To Leverage Output of 3 Power PlantsAccording to today’s report from an Iranian local daily, the country’s Thermal Power Plant Holding Company (TPPH) will hold a tender to offer the...

Andre Cronje is undoubtedly one of the best-known names in the cryptocurrency field lately, especially when it comes to decentralized finance (DeFi).On July 17th, 2020, Cronje announced the release of various products under yearn.finance, as well as the governance token for the protocol called YFI.It didn’t take long for users to realize the potential of the platform, which, coupled with YFI’s incredibly scarce supply of 30,000 tokens, drove its price to the sky. Now, Cronje hints that he’s...

Stellar lumen price remained in a bearish zone and it tested the $0.0720 support zone against the US Dollar.XLM price is currently declining below $0.0780 and the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $0.0780 on the 4-hours chart (data feed via Kraken).The pair could either nosedive below $0.0740 or it might correct above the $0.0800 resistance.Stellar lumen price is struggling to recover above $0.0800 against the US Dollar, similar...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 974. Im heutigen Video geht’s um folgende Themen: Token Sets – Die DeFi Antwort auf Indexfonds, MicroStrategy kauft uns die Bitcoin weg & bitFlyer Europe integriert PayPal – Geld einzahlen und Kryptowährungen kaufen  1.) Token Sets: Die DeFi-Antwort auf Indexfondshttps://www.btc-echo.de/token-sets-von-set-protocol-die-defi-antwort-auf-indexfonds-20-09-2020/ 2.) MicroStrategy kauft uns die Bitcoin...

The majority of recent DeFi food flavored tokens have been backed by very little, and consequently end up as just pump and dump schemes.Today’s DeFi flavor is pineapple and the protocol is doing something a little different by enabling farmers to mine non-fungible tokens (NFTs) for crypto collectibles.Non‑fungible tokens are a special type of token on the Ethereum network using the ERC-721 and ERC-1155 standards that create verifiable digital scarcity.Farming Non-FungiblesMeme enables users...

The United States appears to be angry with crypto hackers as of late, and the country is making it clear that it’s not going to put up with bad actors anymore. The U.S. is presently accusing two Russian hackers of making off with roughly $17 million in assorted crypto units. The accusations come from the Justice, State and Treasury Departments.The United States Will Not Put Up with Crypto TheftThe Treasury has identified two individuals allegedly involved in the scheme. They are Danil...

The Securities and Exchange Commission (SEC) has settled charges with a company known as Unikrn, Inc. The company is believed to have offered its new token through an unregistered offering.The SEC: Our Rules Could Be More UnderstandableThe crypto space is certainly no stranger to stories like this, and as of late, the agency appears to be very strict when it comes to exacting the appropriate penalties on crypto companies that don’t follow the rules and regulations in place.However, the SEC is...

It looks like bitcoin is back on its way towards the top. The currency has hit the $11,000 mark again for the first time in several weeks after a series of spikes that saw it rising gradually through the $10,000 range, thereby suggesting that perhaps this time, the currency will remain within bullish territory.Bitcoin Is Back On Its Way UpThis is a problem that we’ve seen with bitcoin several times over. When the currency rises too quickly, it fails to sustain a strong momentum and cannot...

Have you heard about Yearn Finance’s YFI token? It acts as a governance token for its decentralized finance platform.It broke Bitcoin’s record of the all-time high in terms of USD prices. The YFI token attained highs of over $38,000 in August and even peaked above $43,000 in mid-September 2020.Do you know what’s the difference between the YFI project and other majority governance tokens in DeFi? Scarcity! Yes, there’s a very limited supply of YFI tokens. The maximum supply can never exceed...