Crypto news

Bitcoin has stumbled again. At the time of writing, the world’s largest digital currency by market cap has fallen into the low $11,300 range, marking a $400 drop from where it stood just 24 hours ago.Bitcoin Wallets Are Consistently Getting DownloadedAnd yet according to recent wallet data, the asset may still be in the early stages of a bull market. According to some of the world’s biggest digital wallets – including Coinbase, Blockchain wallet, Crypto.com and BRD – the number of downloads...

Wirex has announced a partnership with Railsbank that will see the London-based FinTech provide Wirex cards in the APAC region. Wirex stated that the move represents a rapid migration of existing and new customers away from Wirecard, who previously acted as Wirex’s card provider in the APAC region. Railsbank is a global open banking platform that will be responsible for the card-issuing service for Wirex’s customer base in the APAC region. Existing APAC customers will have...

Zenus Bank: First US-Fintech Bank to launch in early 2021 Due to the impact of Covid-19, the launch of the first US-Fintech Bank has been delayed. Zenus Bank will launch its services in early 2021: Zenus Bank USE YOUR ZEN CARD WORLDWIDE WITH VISA We’re excited to announce we’ve been fast-tracked as a Visa Principal Member. This partnership enables us to offer clients both...

Police in Seoul has forayed the offices of one of the biggest crypto exchanges in South Korea, Coinbit. Allegedly the firm has faked more than 99% of its trading volume.Coinbit Banks Over $85MAccording to a recent news report, authorities stormed the offices of the company early today. The suspicion is that Coinbit has manipulated users, faking a large portion of its trading volume. This has allegedly earned the exchange $85 million in illegal income during the process.The Seoul Metropolitan...

Fairspin: Wer das erste Transparente Blockchain Casino und die TPLAY Token ausprobieren möchte, findet einen Einladungsgutschein unten im Artikel. Fairspin ist das erste Online-Casino mit Blockchain-basierter Ehrlichkeitskontrolle: Es speichert Daten über alle Ein- und Auszahlungen in Ethereum-Smart-Verträgen. Auf der Fairspoin Webseite sind dann auch alle Gutschriften und die Gesamtzahl der Gewinne transparent ersichtlich. (fast 145.000...

XRP dropped by a total of 7% yesterday as it reached as low as $0.27.The coin has since rebounded together with Bitcoin and the rest of the large caps.Against Bitcoin, XRP is forming a bearish triangle on the 4-hour chart, as it is getting closer to its apex (there is a higher chance of a breakdown than a breakup).XRP/USD – Bulls Battle To Defend 4-HR 200EMA Support.Key Support Levels: $0.27, $0.264, $0.256.Key Resistance Levels: $0.286, $0.3, $0.313.Since reaching the high-day close at...

House democrats Josh Gottheimer and Emanuel Cleaver have reportedly asked the Trump administration to provide further details on the recent seizure of Bitcoin and other cryptocurrency assets from three terrorist organizations, namely al-Qaeda, Hamas, and ISIS.Further Information Asked For A BTC SeizureCryptoPotato recently reported that the US Department of Justice had seized over 300 virtual accounts containing an undisclosed amount of cryptocurrencies belonging to al-Qaeda, Hamas, and...

DeFi tokens continue to flood the markets as developers are minting new coins and listing them on Uniswap every day.While this might present an earning opportunity for some, the number of the so-called ‘rug pulls’ is also on the rise. Investors need to be extremely careful and selective when it comes to the tokens they put their money into.Rug Pulls: The Plague of UniswapUniswap is a protocol that allows buyers and sellers to swap ERC20 tokens without the use of an exchange or order book. It...

The cryptocurrency derivatives exchange FTX has purchased one of the most utilized cryptocurrency applications – Blockfolio for $150 million. As a result, Blockfolio will add a retail trading experience for its over 6 million users.FTX Buys BlockfolioAfter recently launching a DEX focused on DeFi trading called Serum, FTX continues expanding, acquiring the popular app for $150 million.The consumer application, which has been downloaded over 6 million times on iOS and Android, previously...

Bitcoin price declined heavily below the $11,800 and $11,500 support levels.The price traded as low as $11,101 and it is now well below the 55 SMA (H4).There is a key bearish trend line forming with resistance near $11,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides as long as it is below the $11,500 level.Bitcoin price is currently trading in a bearish zone below $11,500 against the US Dollar. BTC could extend its losses...