Crypto news

Customers of Chipotle Mexican Grill (or simply Chipotle) will be able to participate in a special promo that can get them a free burrito or up to $25,000 in bitcoin. All they have to do is guess a six-digit code that resembles a lost treasure worth hundreds of millions of dollars in BTC. Bitcoin or Burrito? Although most people associate April 1st as being the international Fool’s Day, that particular date has another meaning in the US – it’s the National Burrito Day. To...

ADA/USD – Bulls Fade At $1.20 Key Support Levels: $1.10, $1.00, $0.95.Key Resistance Levels: $1.20, $1.30, $1.37. ADA dropped by a total of 3% today as the cryptocurrency continues to fall short at $1.20. It had bounced from support around $1.07 (.382 Fib) last week but struggled to close a daily candle above the $1.20 resistance since rebounding. ADA has now been rangebound between $1.37 and $1.00 for the entire period of March 2021, and a breakout of one of these two...

Bitcoin went through a sudden crash in today’s European morning trading session, losing around $3,000 of its dollar value in less than an hour. As it’s almost always the case, this caused a serious wave of liquidations throughout the entire market, with over $600 million of leveraged positions wiped out. In the past hour, data shows that there are over $600 million liquidations – both long and short. The overwhelming majority of liquidations were long positions, accounting...

Tron price started a fresh increase from the $0.0540 support zone against the US Dollar. TRX price is now trading above the $0.0650 support and the 55 simple moving average (4-hours). There was a break above a major contracting triangle with resistance near $0.0670 on the 4-hours chart (data feed via Bitfinex). The pair is likely to accelerate higher if it clears the $0.0690 and $0.0700 resistance levels in the near term. TRON price is trading in a positive zone above...

Bitcoin price started a fresh increase from the $55,000 support zone against the US Dollar. The price is now trading above the $57,000 support and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $56,000 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase). The pair is likely to continue higher towards $60,000 and $61,500 in the near term. Bitcoin price is showing positive signs above $57,000...

Speaking at a City and Financial Conference today, John Glen said authorities need to regulate stablecoins due to the threat it poses should a major firm dominate the sector.  “There is the potential for some firms to swiftly achieve dominance and crowd out other players due to their ability to scale and plug into existing online services,” the financial services minister was quoted as saying.  Regulating the Wider Crypto Market Not Pressing Despite calls from financial...

Lolli – a rewards programs that provides shoppers with bitcoin granted they do business at certain retailers – has closed a $5 million funding round. Lolli Has Gotten a Lot of Money The event took place Wednesday of last week as part of a Pre-Series A funding series. It was led by Alexis Ohanian’s venture capital fund Seven-Seven Six, while figures such as Cody Ko and Casey Neistat – the creators of YouTube – also took part. Further investments came by way of companies...

With collaboration from the NBA, highlight clips have become NFT collectible cards. Canadian technology company Dapper Labs continues its lucrative streak by nabbing a whopping $305 million dollars from new investors. Private Equity Firm Cotue Rakes in Big Names The New York investment company Coatue Management, responsible for several other technology investments, has sealed a lucrative deal for Dapper Labs. Household NBA names like Michael Jordan, Kevin Durant, and Klay...

[PRESS RELEASE – Please Read Disclaimer] Phemex joins the NFT hype with an incredible piece of art made entirely of QR codes. And what’s even more exciting is that they will need their traders’ help to make it happen. The QR codes will be linked to the public wallet addresses of Phemex’s traders, and the final piece will be put on an OpenSea NFT auction. And you know it will intrigue many investors since we talk about the first-ever NFT built by a trading community. If the...

Ray Dalio has become a bitcoin fan in recent months. Following the cryptocurrency’s meteoric surge beyond $50,000, the economist from Bridgewater Associates believes that the currency is making serious waves in the financial industry. Why then does he suddenly feel it’s at risk of getting banned? Ray Dalio: The Government May Try to Outlaw Bitcoin In a recent interview, Dalio claimed that bitcoin could incur the same “outlaw status” that gold did in the early 1930s, and...