Crypto news

Tron price is trading in a bearish zone below the main $0.0800 resistance against the US Dollar. TRX price is now trading below $0.0750 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $0.0780 on the 4-hours chart (data feed via Bitfinex). The pair could continue to move down unless there is a clear break above $0.0750 and $0.0850. TRON price is showing bearish signs below $0.0800 against the US Dollar,...

Bitcoin price started a fresh decline after it failed to settle above $38,000 against the US Dollar. The price is now trading below the $36,000 zone and the 55 simple moving average (4-hours). There was a break below a major contracting triangle with support near $35,200 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair could correct higher, but it is likely to face selling interest near the $35,00 and $36,000 levels. Bitcoin price is showing...

Bitcoin is a volatile asset. We are seeing that now like we have a thousand times before, and this volatility has caused many problems for bitcoin, but per Norway’s finance minister Jan Tore Sanner, this volatility may ultimately disappear in the coming future. Should this ever occur, it would really help cryptocurrencies becomes the mainstream and legitimate assets they have always hoped to be. Jan Tore Sanner: Volatility Must End if BTC Is to Do Anything Big Volatility...

An anonymous buyer paid the record-breaking $22.5 million in digital assets to acquire a deluxe penthouse in Miami Beach. The deal became the most expensive known residential transaction paid with crypto. The Pearl of Arte Surfside Sold for Crypto In a recent press release, Forbes announced that an individual purchased an exclusive oceanfront condo located in the Surfside neighborhood in Miami for the colossal sum of $22.5 million. The buyer used cryptocurrencies to obtain...

American billionaire hedge fund manager Marc Lasry said he should have bought “a lot more” Bitcoin (BTC) a few years ago. During a CNBC’s Squawk Box interview, Lasry commented on BTC’s performance and 2020’s bull run. He regrets not buying more as the price surge happened a lot quicker than he thought —mainly due to institutional investors embracing cryptocurrencies and widespread adoption by governments and other corporations. “I think the probability, as more and more...

The city of Miami, Florida recently played host to the biggest bitcoin conference the world has ever seen. The event took place between June 3 and June 5 and featured a wide array of speakers and crypto experts including Jack Dorsey of Twitter and Square fame, and, surprisingly, professional skateboard legend Tony Hawk. Tony Hawk Is Interested in Silk Road Hawk does not claim to know everything about crypto or bitcoin, though it was revealed at the event that he invested...

Kevin O’Leary – aka Mr. Wonderful on the program “Shark Tank” – has been one of the biggest advocates of green crypto mining. He has often called out China for its lack of attention towards this and has even stated that he will not be buying any more crypto mined in China, even likening the asset to “blood coin” in recent statements. Kevin O’Leary: It’s Time to Become Environmentally Friendly In a new interview, he discusses why it is so important that bitcoin miners...

Tim Wu – a leading antitrust expert at the White House – owns between $1 and $5 million in bitcoin. His crypto investment represents the largest chunk of his portfolio. The Critic Turned out to Be a HODLer According to Politico, Tim Wu – who is also an attorney and a legal scholar – holds Bitcoin at least $1 million, representing between 25% and 43% of his total assets. He also holds between $100K and $250K worth of Filecoin (FIL). It is worth noting that the 49-year-old...

Last week, Polkadot’s canary network, Kusama (KSM), conducted an on-chain upgrade on its parachain after a vote was passed, making it the first live and fully functional parachain of the Kusama network processing permissionless transactions. The upgrade also made the project the first fully decentralized, heterogeneously-sharded blockchain.   Kusama is a permissionless network that allows developers to experiment and test dApps and blockchains before deploying them on...

With the latest price fluctuations with BTC’s price, it’s worth reviewing how different investors are interacting with their holdings. From one side, centralized exchanges saw the largest daily withdrawal in the year, but, on the other, Bitcoin-related products saw the most significant outflows worth $141 million. Largest BTC Withdrawals This Year By outlining data from Glassnode, Lex Moskovski, the Chief Investment Officer at Moskovski Capital, showed the recent spike in...