Crypto news

A group of protestors calling themselves “Stopelon” gathered outside the Tesla processing factory in northern California earlier in the week to voice their anger at Elon Musk and his continued antics in the world of cryptocurrency. Elon Musk Faces More Anger Elon Musk has recently been deemed one of the most disliked figures in the digital currency scene. While at one point, the South African entrepreneur proved himself one of the strongest and most influential figures...

Digital currency research firm Coin Metrics has released a new report claiming that bitcoin is beginning to lag when compared with the likes of competing altcoins such as Ethereum and Dogecoin. Coin Metrics: Altcoins Are Taking Over While bitcoin is still the world’s number one digital currency by market cap (it is currently trading for about $35,000 per unit), the asset has experienced some serious dips over the past month, while by contrast, Dogecoin and Ethereum have...

The French icon in house music, David Guetta, listed his exclusive beachfront apartment on Miami Beach for $14 million. Apart from fiat currency, he would also accept bitcoin (BTC) and ether (ETH) as a payment method. A Seaview in Exchange for Crypto In the crypto-friendly city of Miami, the renowned DJ David Guetta put a selling price of $14 million for his exclusive three-bedroom 2521 square foot oceanfront apartment. The potential buyer would have the option to pay using...

ETH/USD – Market Falls Beneath 100-day MA Key Support Levels: $2330, $2250, $2200. Key Resistance Levels: $2470, $2600, $2720. ETH failed to break the 50-day MA around $2890 at the start of June and, unlike bitcoin, ETH has been consistently dropping since. On Friday, ETH slipped beneath support at $2470 (.382 Fib) and slumped below the 100-day MA to find support around $2330 (.5 Fib). On the short-term charts, an ascending trend line provides support for the ETH/USD market....

El Salvador’s decision to become the first country to make bitcoin a legal tender within its borders has caught the attention of the world. The global Google searches with the name of the small Central American nation have gone through the roof towards a new yearly high. What Happened in El Salvador in a Week With a population of around 6.5 million (as of 2019), El Salvador is a relatively small country located in Central America that has Honduras, Guatemala, and the Pacific...

Following El Salvador’s move to adopt bitcoin as a legal tender in the country, Wall Street giant JPMorgan seems not to be impressed by such a monumental decision from the Central American nation. JPMorgan Comments on El Salvador’s Bitcoin Move In a recent note to investors, as tweeted by Financial Times correspondent Robin Wigglesworth, JPMorgan commented that the recent move made by El Salvador to make bitcoin legal tender was growth-oriented. However, the American...

[PRESS RELEASE – Please Read Disclaimer] 11th June 2021, Dubai, UAE — Pioneering Football Fantasy Blockchain platform  FootballCoin has launched the new version of its game for EURO 2020. The announcement comes with increased prizes for all daily contests and a 100.000 XFC prize for the top managers in the game. EURO 2020 Fantasy Football For anyone who is either getting ready to watch the Euro 2020 matches, enjoys fantasy football or is passionate about cryptocurrency and...

After yesterday’s price declines, bitcoin has calmed around the $35,000 price line. Most alternative coins are also somewhat stagnant on a 24-hour scale, aside from Polygon (MATIC). The asset has spiked by double-digits to $1.4. Minor Recoveries Among Alts: Polygon 15% Up The weekend didn’t start all that well for the altcoins market. The biggest altcoin, Ethereum, had already retraced from $2,600 to $2,500 before it went even further south to $2,250. Since then, ETH found...

Bitcoin is finally one step closer to make history with Taproot, a major event perhaps as important as SegWit or the last halving. Taproot, the most ambitious Bitcoin update since 2017, has been finally approved by miners and was locked in for implementation in November this year. Taproot is (Or Will Be) Finally Here! Because of its decentralized nature, the deployment of a Bitcoin update must go through an approval process and cannot simply be released to the world at the...

Kevin O’Leary – aka Mr. Wonderful on the television show “Shark Tank” believes that bitcoin could eventually overpower the stock market. Kevin O’Leary: Sustainability Will Make a Big Difference His sentiment comes from the sudden shift that many bitcoin miners are making. Initially, bitcoin was the subject of much concern and disgust amongst environmentalists, who claimed that the extraction process behind bitcoin was contributing to severe atmospheric destruction....