Crypto news

CNBC’s Jim Crames has gone full-on crypto – from criticizing bitcoin a few years back to requesting his salary to be paid in BTC. During a recent interview, he also commented on Coinbase’s plans to become a publicly traded company and predicted even more bullish developments for the entire industry. Pay Me in Bitcoin: Cramer MicroStrategy’s CEO and founder, Michael Saylor, broke the news yesterday that his company has made another pro-bitcoin move. After purchasing nearly...

Bitcoin climbed by almost 5% so far only today, allowing the cryptocurrency to break the previous ATH at $61,781 and set a new one surpassing $63k, as of writing these lines. This breakout comes exactly one month after setting the previous all-time high on March 13, 2021. Before surging to the new peak today, bitcoin struggled to produce a daily closing candle above $60,000 in April. It had dropped as low as $55,400 toward the end of last week as it started to recover from...

Stellar lumen price is trading nicely above the $0.5000 resistance level against the US Dollar. XLM price is now trading well above $0.5500 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $0.5500 on the 4-hours chart (data feed via Kraken). The pair is likely to continue higher above the $0.6500 resistance as long as it is above the $0.5500 level. Stellar lumen price is showing positive signs above $0.5500 against...

Ripple price started a strong increase above the $1.0000 and $1.200 resistance levels against the US dollar. The price is now well above $1.4000 and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $1.400 on the 4-hours chart of the XRP/USD pair (data source from Bittrex). The pair is likely to surge further above the $1.580 and $1.600 resistance levels. Ripple price is trading in a bullish zone above the...

Peter Thiel – a libertarian and the co-founder of PayPal, arguably the largest digital payment platform in the world – has taken some serious guff over the past week thanks to some comments he made about bitcoin and China. Thiel Doesn’t Want China to Use BTC Against America In a recent interview, Thiel commented that the Chinese could potentially weaponize bitcoin and use it against its enemies like the United States. He recommended harder regulation be put in place so...

Although bitcoin’s price continues to struggle at $60,000, on-chain data indicates several bullish developments for the primary cryptocurrency. Institutional investors have only intensified their purchases, long-time HODLers and miners refuse to sell, and the BTC stored on exchanges keeps declining. On-Chains Data Suggests Skyrocketing BTC Demand As CryptoPotato reported before, the number of bitcoins held on cryptocurrency exchanges has been declining for a while. More...

Riot Blockchain – arguably one of the largest and most well-known bitcoin and crypto mining firms out there – is set to acquire Whinstone US, Inc. for approximately $80 million. Through the acquisition, Riot gains access to several of the company’s stock shares, as well as additional assets and operations. In all, the total value of the acquisition is said to be more than $650 million. Riot Blockchain Just Bought Whinstone One of the most significant points of the move...

Bitcoin has been doing extremely well as of late. Late last week, the world’s number one digital currency by market cap briefly rose above the $60,000 line to bring investors into a whole new state of euphoria. As it turns out, many traders are heavily continuing their bitcoin investing given that several analysts are convinced this is just the tip of the iceberg. Bitcoin is expected to continue rising throughout the year, and there are many individuals out there that...

The number of companies filing to receive approval to launch a Bitcoin ETF in the US continues to increase with the addition of Mike Novogratz’s Galaxy Digital. If approved, the Galaxy Bitcoin ETF will trade on the NYSE Arca exchange.  Based in New York, Galaxy Digital is a diversified financial services firm dedicated to the cryptocurrency and blockchain industry. The company has made another pro-crypto step by filing with the US Securities and Exchange Commission to launch...

Virtue Poker, a project backed by the blockchain mogul ConsenSys, has completed a strategic investment round of $5 million. Strategic Investment Ahead of Mainnet Launch The news comes ahead of the mainnet launch, which is scheduled to happen in May 2021. Virtue Poker is the only blockchain-based company that’s received an official license from the Malta Gaming Authority, Virtue Poker has closed a $5 million strategic investment round led by notable investors ConsenSys, DFG...