Crypto news

Stellar lumen price started a fresh increase above the $0.5000 resistance zone against the US Dollar. XLM price is now trading well above $0.5000 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $0.4950 on the 4-hours chart (data feed via Kraken). The pair is likely to accelerate higher above the $0.5750 and $0.6000 resistance levels. Stellar lumen price is gaining pace above $0.5000 against the US...

The Binance Smart Chain powered DEX has surged in popularity in recent months as DeFi newbies flock to the platform to avoid paying heavy gas fees on Ethereum. Figures from on-chain data providers indicate that the record figures for BSC and PancakeSwap have indeed surpassed that of the Ethereum network, despite its record price high of $3,100 today. PancakeSwap’s analytics dashboard does not appear to be updating TVL and volume figures, but its daily transaction count is...

Ripple price started a steady increase above the $1.20 resistance zone against the US dollar. The price is now trading well above $1.50 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.20 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 $1.65 and $1.70. Ripple price is gaining pace above the $1.50 level against...

The second-largest cryptocurrency by market cap continues with its impressive 2021 performance by registering yet another record. This time, ETH skyrocketed to another rounded-number milestone of $3,000. Ethereum entered the new year at $760 after an impressive surge throughout 2020, in which, its lowest price was approximately $90 at mid-March, following the COVID19 financial crash. The high demand for the ETH token, together with the ongoing crypto bull run, eventually led...

Bitcoin has come quite far over the past year. So far, in fact, that many people say they would not mind getting paid in it. Some, such as Elon Musk – the South African entrepreneur behind billion-dollar companies such as SpaceX and Tesla – have stated that they want their salaries paid in BTC, but some are now taking steps to make sure that this happens. One of those figures is Sean Culkin of the Kansas City Chiefs. Sean Culkin Wants a BTC-Based Salary In a recent...

WisdomTree Investments, a NY-based fund manager, has launched a physically-backed Ethereum ETP on two European stock exchanges through its local subsidiaries. This becomes the organization’s second crypto-related ETP released in the past month, after an exchange-traded product following the performance of Bitcoin. WisdomTree’s ETH ETP Live in Europe Headquartered in New York, WisdomTree Investments is an exchange-traded fund and exchange-traded product sponsor, and an asset...

Dan Schulman – the CEO of PayPal – has come a long way over the past few months. Approximately six months ago, his company announced that it would not only allow people to trade and sell digital currencies, but that people would soon be able to pay for goods and services with them. This caused bitcoin to spike to $13,000 after it was trading for just over $10,000, thereby gaining more than $3,000 in price in just a few days. Dan Schulman Thinks BTC Has Become Very...

Tesla and Elon Musk are earning some criticism after it was made clear recently that the South African entrepreneur may have sold some of the bitcoin that the company purchased back in February. Elon Musk Has Raked in Some Serious BTC-Based Dough Two months ago, the electric car firm made history by serving as one of the primary institutions to back bitcoin publicly. The company purchased more than $1.5 billion worth of the world’s number one digital currency by market...

As the bull market rages on, it’s easy to get caught up in success stories. However, it’s paramount to know that it’s not all rainbow and butterflies – losses happen, and they hurt, especially if you’re not prepared or overtrade. An investor tweeted about how he lost his entire $185k portfolio in just 3 weeks. This is verifiable via his Ethereum address. The thread is sobering, and it’s a great read for traders to go through to remember that bull markets don’t last forever,...

Schweizer Blockchain Concordium schließt Fundraising in Höhe von 33 Millionen CHF zwei Monate vor Mainnet ab Das datenschutzorientierte Blockchain-Unternehmen Concordium hat seine 4. Runde in der Privatplatzierung der Kryptowährung GTU abgeschlossen. Die eingenommenen Mittel sollen für die Weiterentwicklung des Projekts verwendet werden. Des Weiteren sollen damit die Dezentralisierung, der Start des Mainnets und die Notierung an...