Crypto news

ADA/USD: New ATH Above $2.50 Key Support Levels: $2.26, $2.10, $1.98, $1.85. Key Resistance Levels: $2.52, $2.75, $3.00, $3.20. While the entire market struggles, as Bitcoin fails to reclaim the $50K mark, ADA managed to surge by almost 50% this week and set a new ATH price at $2.52 earlier today. The cryptocurrency had surged from the 50-day MA at the start of May to meet resistance at around $1.80 last week. On Thursday, ADA finally broke above to reach the $2 milestone....

Williston, a city in North Dakota, plans to accept cryptocurrencies for utility bills online payments, becoming the first in the state to adopt crypto assets. According to City Finance Director Hercules Cummings, the city has partnered with BitPay, one of the largest bitcoin payment service providers in the U.S. Payments will be converted from crypto to fiat in real-time. Paying Bills with Crypto The city council would first monitor how citizens respond to crypto payments....

Bitcoin is down by a total of 17% since last Sunday as the primary cryptocurrency struggles to regain ground above the $50,000 milestone. Most of the downside action took place on Wednesday, after Tesla announced they halted to accept BTC as a payment method for their electric vehicles. The news sent BTC tumbling as it slipped to an 11-week low at $45,700, according to Bitstamp. The bulls attempted to rebound on Thursday and Friday as they battled to break back above $50,000....

Bitcoin’s price continues to tumble, and the asset has failed to overcome $50,000 yet again. Some alternative coins have marked substantial gains in the past 24 hours, including another ATH for ADA and a 15% surge for XRP. As a result, BTC’s dominance has fallen to its lowest level since June 2018. 35-Month Low for BTC Dominance Ever since Elon Musk announced that Tesla will cease receiving bitcoin payments for its electric vehicles, the price of the primary cryptocurrency...

In early Sunday trading, BTC prices had fallen to their lowest levels for over 11 weeks, hitting $46,700 before a minor recovery. The last time Bitcoin dropped to these levels was at the end of February during the second major correction of this ongoing rally. A rebound off that bottom sent prices above $60K for the first time in the two weeks that followed. Later today, Bitcoin is going to close another weekly candle. In case the candle closes at those levels, this will...

The cryptocurrency market has become a wild show in recent months, perhaps led by Dogecoin’s emergence to the grand scene. The meme coin that started as a joke in 2013, whose founder sold its stack to buy an old Honda Civic back in the day, has been among the best performers eight years after its birth. Publicly supported by some of the most popular and influential celebrities, such as Elon Musk, Snoop Dogg, Mark Cuban, and more, the DOGE token grabbed people’s attention and...

Earlier today, it was announced on Live Bitcoin News that the price of BTC had taken a drastic fall thanks, in part, to actions taken by Elon Musk, who announced that his company Tesla had decided not to accept bitcoin payments for goods and services. As it turns out, the price of BTC – along with several other leading altcoins – may have also fallen thanks to Vitalik Buterin, the co-founder of Ethereum. Vitalik Buterin Moved a Bunch of Money Buterin has donated more...

Bitcoin has taken a nasty slump of roughly 12 percent and has fallen into the high $49,000 range thanks to Elon Musk and Tesla. Elon Musk Says “No” to Crypto Payments Musk – the South African entrepreneur behind the electric car company – made headlines in February when he decided to add approximately $1.5 billion worth of bitcoin to the firm’s asset roster. He later decided that the time had come to make bitcoin a valid payment method for Tesla goods and products. This caused many analysts...

Many analysts thought that with so much competition stemming from regions like Canada, the United States would give in sometime this year and submit to a bitcoin-based exchange-traded fund (ETF), but now it looks like that will not be the case. A Bitcoin ETF May Not Arrive This Year After All The Securities and Exchange Commission (SEC) has always been relatively stubborn when it comes to permitting bitcoin-based products and services, and despite many new ideas and...

The Binance Smart Chain continues to see some of the projects being built on it exploited. The latest was done by someone who had access to the PancakeSwap admin address. The Exploit It’s an age-old problem with smart contracts: randomness. Solidity has no native random function, and all sources of randomness have to be on-chain. Projects use things like block headers, transaction hashes, and more to create legitimate sources of randomness, but none are truly random – they...