Crypto news

Unchained Capital Inc. – a company that delves in crypto custody services and lending – has managed to garner a whopping $25 million in funding, bringing its overall valuation to an impressive $125 million. Unchained Capital Has Made a Lot of Money The round was headed by New York Digital Investment Group LLC, which has already pledged heavy support to Unchained over the past several months. The company had placed roughly $50 million into Unchained back in February and...

As we know by now, India is unaware of where it will be in a few years when it comes to cryptocurrency. However, it looks like many regulators are now potentially looking to oversee crypto activity within the country rather than outright ban it like everyone has feared over the past several months. India Can’t Decide Where to Go with Crypto India is presently setting up a panel of crypto experts who will discuss the regulation of crypto in the region. Artur Schaback –...

[PRESS RELEASE – London, UK, 7th June 2021] London, UK, June 07 – Maiar, the blockchain app powered by the Elrond Network, has joined the Huawei Ecosystem and now is available on AppGallery, one of the top three app marketplaces globally.With deep care for the user, elegant design, and an intuitive interface, Maiar enables any phone user to get a working blockchain wallet in seconds. Its intuitive simplicity allows everyone to store, earn and pay using cryptocurrencies....

Former President of the United States Donald Trump has said that he is not a fan of bitcoin because of the threat the flagship cryptocurrency poses against the U.S. dollar. Donald Trump. Image by BloombergIn a telephone interview on Monday (June 7, 2021), Trump called bitcoin a scam because he did not like that the biggest cryptocurrency by market capitalization was competing against the U.S. dollar. According to the former U.S. President, the dollar’s hegemony status should...

Although MicroStrategy has already allocated more than $2 billion in the primary cryptocurrency, the business intelligence giant has no plans to stop buying. The firm announced plans to offer $400 million worth of senior secured notes due 2028 and to allocate the raised funds in BTC again. Ever since its initial purchase worth hundreds of millions of dollars in August 2020, the NASDAQ-listed software giant has only doubled down on its BTC involvement. The latest endeavor came...

Bitcoin’s consolidation continues as it’s trading exactly where it was a week ago. It had made a push higher toward the end of last week but got heavily rejected by the $38-40k zone, where it met resistance at the upper boundary of a symmetrical triangle pattern (as shown below). From there, BTC headed lower over the weekend, reaching $34,850 on Bitstamp, where it found support at the lower boundary of the same symmetrical triangle pattern. It has since bounced higher and it...

After El Salvador announced plans to adopt Bitcoin as legal tender, an official from Paraguay’s government has hinted at a similar development. The country’s Deputy of the Nation, Carlos Antonio Rejala Helman, suggested that the government will start working on a big project involving the largest cryptocurrency and PayPal. Is Paraguay Next in Line? The cryptocurrency community argued for years that struggling countries from less fortunate parts of the world, such as South...

Approximately five months after allocating 2.5% of its portfolio in BTC, Ruffer Investment has sold its entire position at a profit of over $1 billion. The firm cited the declining interest from younger generations as the primary reason for the sale. CryptoPotato reported in late 2020 that the giant asset manager founded in 1994 in the UK had entered the bitcoin field by investing 2.5% of its portfolio. Although some initial reports indicated that the percentage represented...

ETH/USD – Market Continues Consolidation Inside Triangle. Key Support Levels: $2715, $2600, $2470.Key Resistance Levels: $2892, $3000, $3135. ETH is up by a substantial 18% over the week as it trades at around $2800 but still resides inside the ascending triangle pattern. The roof is at $2891 (bearish .382 Fib), and ETH has been stuck here for the past fortnight. It tested the upper boundary of the triangle last week but failed to overcome it. As a result, ETH headed lower...

In den USA steigen die Preise seit einigen Monaten rasant. Alles wird teurer, nur die Einkommen und Löhnr stagnieren. Der Corona-Lockdown neigt sich endlich dem Ende zu. Es kann endlich wieder flächendeckend eingekauft werden. Doch kaum ist die erste Vorfreude über diese neugewonnene Freiheit verflogen, folgt das böse Erwachen, denn die Preise sind für viele Güter regelrecht in die Höhe geschossen. Viele Verbraucher fürchten sich bereits...