Crypto news

Leading U.S.-based cryptocurrency exchange Coinbase is all set to go public on April 14. Traders and investors will be permitted to start purchasing stock in the trading platform beginning then. Coinbase Will Go Public in Less Than Two Weeks It is a big deal that Coinbase has filed for an initial public offering (IPO) in the sense that no company in Coinbase’s shoes has ever been in this position. As the first crypto platform of its kind to ever go public, many analysts...

Considering how common crypto scams have become in recent years, it is quite easy to get stuck in one, but when someone with “status” comes out and promotes one of these scams, it can be a little difficult to take at first. Matt Lorion – a 17-year-old Tik Tok influencer – is now apologizing to all his fans after he promoted a potential crypto scam that saw people lose some serious money. Matt Lorion: I’m Sorry for Promoting Mando Lorion has made a name for himself...

In the past, it has appeared that Mark Cuban – a billionaire investor and owner of the Dallas Mavericks basketball team – was never a huge fan of cryptocurrency. While he acknowledged that bitcoin had a loyal set of followers and thus permitted BTC payments for Mavericks-related merchandise and tickets, he did not speak highly of the asset, claiming in the past that he would rather have “bananas” than BTC. Mark Cuban Is Getting Into BTC and Ethereum Now, however, some...

Bakkt, the Bitcoin futures platform launched and operated by the Intercontinental Exchange (ICE), has released its long-anticipated application. Dubbed Bakkt App, it would enable customers to interact with BTC and other crypto assets directly through the platform. Additionally, the company has partnered with several notable firms, including Best Buy and Starbucks. Bakkt App Arrives Launched in 2018, Bakkt enables institutional and accredited investors to receive BTC exposure...

The rapidly expanding popularity of non-fungible tokens (NFTs) has far exceeded the realm of the music industry and has reached the US Major League Baseball (MLB). The President and CEO of the Toronto Blue Jays recently said that his team and the entire league are actively looking for ways to employ NFTs to bolster fan interest in the sport. The MLB Heads for NFTs NFTs are arguably the hottest trend in the cryptocurrency space, perhaps only sharing the popularity crown with...

[PRESS RELEASE – Hong Kong, Hong Kong, 4th April, 2021] Unicly, an innovative project developing an ingenuous protocol to combine, fractionalize, and trade NFTs with guaranteed liquidity, is getting ready for an imminent launch on Ethereum mainnet. A Nonfungible token is a provably unique representation of an item, usually a piece of digital art or video game item. NFTs come in many types and representations, sometimes referring to a single art piece, and sometimes an entire...

ETH/USD – Buyers Defend $2000 and Eyeball ATHs Again Key Support Levels: $2000, $1914, $1840.Key Resistance Levels: $2060, $2141, $2207. Ethereum started the month off on an extremely bullish tone as it pushed above $2000 to set a new ATH at $2141. There, it ran into resistance at a 1.272 Fib Extension level and was unable to break above it. As a result, it rolled over yesterday and headed lower. Today, ETH managed to find support at $2000, provided by a .236 Fib Retracement...

Let’s start with some good news: despite dropping by 2.7% today, Bitcoin’s price is still up by 3% over the past week, as of writing these lines. A quick recap: the primary cryptocurrency started the month of April by attempting to push above the $60,000 level, this was the fourth attempt since March 18. Unfortunately, it got rejected once again, and over the past hours lost around $3500, reaching as low as $56.5k on Bitstamp. There, it met short-term support at the .382 Fib....

Another unsuccessful attempt to overcome $60,000 has resulted in a $3,500 price drop for bitcoin. Most altcoins have also followed along south, and the entire market cap has lost more than $60 billion in a day. Bitcoin Dipped to $56,500 after Another Rejection As previously reported by CryptoPotato, bitcoin was flirting with the coveted $60,000 price line for several consecutive days. However, every attempt to reconquer it was met with immediate rejection. The situation...

So you want to start mining but don’t have enough money to buy an ASIC or the latest GPU to mine your favorite Proof-of-Work crypto? Don’t worry, soon you will be able to mine cryptocurrencies with the power of your mind, thanks to Microsoft. And no, it’s not a late April Fools day joke. According to documents from the World Intellectual Property Organization, Microsoft has been working for at least one year to develop a system that harnesses the energy of the human body and...