Crypto news

[PRESS RELEASE – Ta’ Xbiex, Malta, 25th May 2021] Virtue Poker, an Ethereum-based decentralized poker platform has chosen the FunFair Wallet,  FunFair Technologies non-custodial wallet solution to power their new MGA licensed poker dapp. Particularly strong for acquisition, the wallet integration allows users to sign up to the Virtue Poker platform effortlessly without leaving the Virtue Poker dapp. Within the dapp itself, FunFairs solution enables users to create their...

[PRESS RELEASE – Tortola, British Virgin Islands, 25th May 2021] Cryption Network, a user-friendly defi platform built for retail users, has completed its latest funding round after raising $1.1m. The project welcomed investment from a slew of well-established private investors including Master Ventures, CMS Holdings, GravityX Capital, GenBlock. Additional capital came from Ascensive Assets, X21 Digital, AU21, WaterDrip, and angel investors like Polygon co-founder, Sandeep...

After plummeting to a multi-year low of -21%, the Grayscale Premium has normalized quite a bit to around -4%. The metric could return back to a positive territory later this summer as the majority of GBTC investors will see their holdings released. Grayscale Premium Returns to Normal Ground Founded in 2013, Grayscale is the largest crypto asset manager enabling accredited investors to receive exposure to BTC and other crypto assets without worrying about storing and managing...

ADA/USD – ADA Reverses At $1.56 Resistance Key Support Levels: $1.45, $1.40, $1.30.Key Resistance Levels: $1.6, $1.75, $1.80. Like most cryptocurrencies, ADA saw a drastic 63% price drop from a high of $2.52 to a low of $0.91 in May. It quickly rebound from the Wednesday price crash to $0.91 as it closed the daily candle above the 50-day MA. Unfortunately, during the remainder of last week, ADA slowly declined into the 100-day MA around $1.30. Yesterday, it found support at...

After an impressive rebound following the retest of the $30K area on Sunday, bitcoin reached $40K earlier today. However, over the past hours, the primary cryptocurrency is losing momentum. The question is whether this huge $10K recovery will turn into a “dead-cat bounce,” or bitcoin will able to penetrate through the heavy resistance zone of $40-42K? The good news is that, as of now, bitcoin’s price is still up by a total of 18% from Sunday’s low. Quick recap: The primary...

James Bullard – the President of the Federal Reserve Bank of St. Louis – advised that investors should be extra cautious when investing in digital assets. The US banker went further, labeling most of them as ”worthless.” Nonetheless, he revealed that the Fed is looking into launching its own digital coins. Most of The Assets Are Useless In a recent interview with Yahoo Finance, James Bullard – CEO and President of the Federal Reserve Bank of St. Louis – shared his thoughts...

ADA price started a fresh increase after it tested the $1.10 support zone against the US Dollar. The price is still trading well below $1.75 zone and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1.48 on the 4-hours chart (data feed via Bitfinex). The price could correct further lower, but the bulls are likely to remain active near $1.400 and $1.350. Cardano price is facing a major barrier near the $1.700...

Ethereum price declined below $2,000 before starting an upside correction against the US Dollar. ETH price is still below $3,500 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,000 on the 4-hours chart (data feed from Coinbase). The pair must clear the main $3,000 resistance to start a fresh increase in the near term. Ethereum price started an upside correction from the $1,750 zone against the US Dollar....

Bitcoin has seen its harshest days recently. The world’s number one digital currency by market cap lost approximately 35 percent of its overall value and has dropped from the mid-$50,000 range, which is where it was in late April and early May, to about $36,000 per unit at press time. Many analysts and financial institutions are beginning to write the currency off as dead or dying, but according to two separate individuals, things are about to become much steadier....

BTC has reclaimed the $40K level after Elon Musk’s surprise announcement that he had spoken to North American Bitcoin miners, who are committing to use renewable resources whilst mining bitcoin, and will request miners worldwide to follow suit. This meeting was hosted by MicroStrategy CEO and Bitcoin advocate Michael Saylor, and it included the leading Bitcoin miners in North America. Yesterday I was pleased to host a meeting between @elonmusk & the leading Bitcoin...