Crypto news

Facebook’s quarterly SEC filing has no mention of Bitcoin, let alone of a Bitcoin purchase, defying market expectations. For a few days leading up to Facebook’s earnings reported today, there was talk that the world’s most famous social network was about to purchase billions of dollars in Bitcoins: those rumors turned out to be precisely that – just rumors. Why did people think Facebook was about to buy Bitcoin? Several news outlets, including leading sources such as FOX, ran...

As we all know by now, India is not too pleased with the prospects of bitcoin and cryptocurrency. The country is presently contemplating a new law that if passed, would ban all crypto activity and trading in the future. India Is Not Crazy About Crypto However, another part of the law has not yet been discussed, and that is the one that allows the government of India to examine the past transactions of all the country’s citizens. This is rather dangerous in the sense that...

Der Ethereum-Preis ist auf einem Allzeithoch. Nur, mit durchschnittlichen Transaktionsgebühren von 10 - 30 US-Dollar pro Transaktion (!) ist das Ethereum-Netzwerk praktisch unbrauchbar. Der Ethereum-Preis erlebt gerade ein neues Allzeithoch bei etwas mehr als 2’700 US-Dollar. Doch warum eigentlich? Das Ethereum-Netzwerk ist alles andere als skalliert. Mit durchschnittlichen...

Die Sygnum Bank wird Mitglied der InterWork Alliance, um globale Tokenisierungsstandards zu schaffen Die Sygnum Bank hat heute bekannt gegeben, dass sie der InterWork Alliance (IWA), einer plattformneutralen Non-Profit-Organisation, beigetreten ist, die sich der Schaffung von Standard-Frameworks verschrieben hat, die zur Steigerung der Innovation in Token-gestützten Ökosystemen erforderlich sind. Sygnum wird, als einzige Bank mit einer...

The United States Securities and Exchange Commission (SEC) that had put the VanEck Bitcoin ETF proposal up for discussion in March has made a filing confirming that the decision will be delayed for a 45 day period. The Implications of a Bitcoin ETF As of now, the Grayscale Bitcoin Trust holds a virtual monopoly when it comes to institutional money that is invested indirectly into cryptocurrencies. Grayscale’s trust is used by institutions for various regulatory reasons...

If we thought bitcoin was doing poorly before, we are having to redefine our ideas. It looks like the world’s number one digital currency by market cap has fallen below the $50,000 mark and at the time of writing, is trading for just over $49,000. Bitcoin Is Suffering Harder Than It Has in a While This marks a $5,000 drop for the asset in just the past 24 hours and a fall of more than $15,000 for the currency over the past two weeks. The currency appears to be dipping...

Value investor Bill Miller seems to believe that this present bull run for bitcoin is way different than the one that occurred in 2017. Bill Miller: BTC Is About to Go Mainstream In a recent interview, Miller viewed what is happening right now as an immediate door to mainstream territory for bitcoin. He pointed to the fact that the world’s number one digital currency by market cap has already rallied by more than 90 percent since the beginning of the year. He also states...

[Press Release – London, England, 28th April, 2021,] GlobeDX (Globe Derivative Exchange) has completed an $18 million funding round led by major blockchain investors. Y Combinator, Pantera Capital, Draper Dragon, Republic Crypto, OKEx, CMT Digital, and Wave Financial all participated in the round to support the development of a best-in-class derivatives trading platform. As a next-generation cryptocurrency exchange, GlobeDX prides itself on excellent market depth, high...

ETH/USD – Bulls Set New ATHs Again On The Road To $3000 Key Support Levels: $2600, $2520, $2440.Key Resistance Levels: $2830, $2930, $3000. Ethereum is up by an impressive 16% this week as the cryptocurrency set a new ATH today at $2732. The coin found support around $2200 on Sunday as it rebounded from the lower boundary of a symmetrical triangle pattern. This consolidation pattern was broken on Monday as ethereum pushed above $2520. The bullish pressure continued yesterday...

Polygon, an easy-to-use platform for Ethereum scaling and infrastructure development, has recently launched a $100 million fund intended to improve the accessibility of the decentralized finance (DeFi) space to more users. According to a press release shared with CryptoPotato, the fund, known as “#DeFiforAll,” is geared toward effectively introducing millions of users to the various decentralized products and platforms available. Polygon’s Fund to Support DeFi for 3 Years The...