Crypto news

A global open-source hybrid blockchain protocol, eXchange inFinite (XinFin), has partnered with the enterprise software firm R3. As a result, the latter’s DLT-based platform Corda will use the XDC token as the primary settlement coin. The Bridge Between R3’s Corda and Blockchain Networks In a press release shared with CryptoPotato, both parties announced the collaboration, which will establish a bridge between R3’s Corda network and other blockchain platforms. Described as a...

Do you live in America and you fancy purchasing a Tesla? If so, you can now buy the car utilizing bitcoin, the world’s number one digital currency by market cap. The asset is accepted as a form of payment thanks to the efforts of Elon Musk, who has become a serious bitcoin bull over the past few months. Elon Musk Permits Bitcoin Payments for Tesla Cars The move is primarily an effort for the company to get its fingers on a lot more crypto. Last February, the electric...

A few months after it filed a lawsuit against Ripple for conducting an unregistered security offering, the SEC has done the same against another blockchain project. This time, it’s going for LBRY – a project operating a decentralized content publishing platform. $11M Worth of Unregistered Securities Offering? Based in New Hampshire, US, LBRY Inc is a blockchain-based file-sharing and payment network that powers social networks and video platforms. Although it was founded in...

Smaller investors would be able to take advantage of CME’s regulated Bitcoin futures contracts as of May 3rd, the organization announced earlier today. This would be possible in the form of so-called Micro BTC futures contracts, which will be one-tenth the size of one bitcoin. Micro Bitcoin Futures Contracts on CME Founded over a century ago, the Chicago Mercantile Exchange is among the largest global derivatives marketplaces and one of the first-ever regulated establishments...

The latest report by on-chain analysis provider Glassnode has unraveled more details on Bitcoin spending habits that could suggest that market sentiment is still bullish. Glassnode observed that held coins are beginning to mature, and continued outflows from exchanges demonstrate accumulation is not slowing down. #Bitcoin held above $50k last week as early signs of coin maturation showed up on-chain. This week we analyse– Ageing of coins bought in this bull– Spending...

XRP/USD – Bulls Struggle To Spike Past $0.6. Key Support Levels: $0.556, $0.52, $0.5.Key Resistance Levels: $0.588, $0.6, $0.65. XRP has been performing well over the second half of March after climbing by 45% from the monthly low of $0.4 to reach the current $0.58 level. The cryptocurrency has formed a rising wedge pattern as it battles to break the upper boundary. It has been spiking higher over the past week, briefly pushing above $0.6 four times during the period....

On March 31, Cardano will become a fully decentralized platform, this means that over 1,800 community pools will be responsible for block production.  Since the release of the Shelley update in July 2020, Cardano was slightly criticized by the DeFi community for issuing their own blocks while its SPO (stake pool operator) was being developed, instead of leaving the production to the community. Now the protocol is ready to become a fully decentralized platform. Cardano’s...

ADA price struggled to clear the $1.285 resistance and corrected lower against the US Dollar. The price is still above the $1.160 support and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1.200 on the 4-hours chart (data feed via Bitfinex). The price could either rally above $1.200 or it might break $1.160 for a fresh decline. Cardano price is trading near a key juncture below $1.200 against the US Dollar, while...

Ethereum price started a fresh increase above the $1,725 resistance against the US Dollar. ETH price is currently trading well above $1,700 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,705 on the 4-hours chart (data feed from Coinbase). The pair could dip in the short-term, but the bulls are likely to remain active near $1,725. Ethereum price is now approaching the $1,850 resistance against the US...

Silvergate Capital Corporation is joining hands with Coinbase Custody – a division of the popular American cryptocurrency trading platform – to provide crypto loan services to its growing list of eligible customers. Coinbase Custody Is Paired with SEN Leverage Coinbase will largely be tasked with overseeing capital through Silvergate’s division SEN Leverage, which provides U.S. dollar loans that are “collateralized” by bitcoin. In other words, while the loans are...