Crypto news

This week saw a serious correction throughout the entire cryptocurrency market. Bitcoin lost, at one point, about $13,000 of its value as it went through one of the most serious declines since the start of the current bull run. With this said, we take a look at the following cryptocurrencies.BitcoinBitcoin has seen a turbulent week in which the price dropped to the current $48,000 level. The cryptocurrency was trending higher last week to set a new ATH price above $58,000.However, on Sunday,...

Transferwise wird zu Wise Kurz vor dem geplanten Börsengang benennt das britische Fintech-Unternehmen (*) die Domain „Transferwise“ in „Wise“ um. Grund für den Namenswechsel ist aber nicht nur der bevorstehende Börsengang, sondern die Tatsache, dass die beiden Masterminds hinter der Domain verstärkt darauf aufmerksam machen wollen, dass „Wise“ seinen Kunden eigentlich weit mehr als nur günstige Auslandsüberweisungen bietet. Der CEO von...

Cardano (ADA) is once again in the spotlight as its price fails to follow the current downtrend in the cryptocurrency market. In fact, ADA is currently up on almost all time frames, and it has managed to once again claim the third spot in terms of market capitalization.However, Anthony Sassano, one of Ethereum’s well-known proponents and investors, is of the opinion that it doesn’t have the fundamentals to be valued at 25% of Ethereum’s total capitalization.Cardano (ADA) Bulls Don’t...

[PRESS RELEASE – Please Read Disclaimer]Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces.FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The cold storage holds 4.45 billion FUN Tokens and FreeBitco.in has acquired 3.75 billion tokens.Through this...

[PRESS RELEASE – Please Read Disclaimer]Crypto exchange Nominex has officially launched its own utility DeFi token. NMX is the world’s first exchange token to offer utilitarian staking. With NMX you can:Receive 100% discount on all trading commissionsWithdraw crypto for free up to 3 times a dayAdd assets to liquidity for 72 years, receiving rewardsGet access to 10 types of referral bonuses for the affiliate programEarn your share of the NMX personal staking poolEarn your share of staking on...

New York City-based asset manager Stone Ridge has filed documents with the US Securities and Exchange Commission on behalf of its diversified alternatives fund to introduce BTC as the seventh investment strategy. According to the filing with the SEC, the addition will become effective on April 26th, 2021. However, it doesn’t necessarily mean that the giant asset manager will proceed with its BTC endeavor.  The filing enables Stone Ridge to receive exposure for its diversified alternatives...

Dubai-based cryptocurrency investment fund currently sitting on $1 billion in AUM believes that the value of Cardano and Polkadot will be higher than that of BTC in the upcoming years. Consequently, the fund has announced plans to dispose of $750 million of its Bitcoin holdings and expand its exposure to ADA and DOT instead.Crypto Fund To Replace BTC With DOT and ADAFD7 (Fall Down Seven Times) Ventures describes itself as a crypto-oriented investment fund that “invests in entrepreneurs who...

Bitcoin’s rollercoaster continues today after the primary cryptocurrency fell by $6,240, around 12%, from yesterday’s highs of $52,080. BTC had dipped further this morning but managed to rebound from the support at $44,750 (4-hr 50 MA) and is now trading around $47,000.Yesterday, the coin was looking promising as it attempted to break above a short-term symmetrical triangle pattern. Unfortunately, this proved to be a false breakout, and Bitcoin stalled and reversed at $52,000.Looking at the...

The past few days have been rather tough in the cryptocurrency market. The total capitalization has dropped by around $360 billion since February 20th as the major coins take a beating.Bitcoin’s price declined by about $13,000 since its all-time high, and in the past 24 hours alone, it lost around 15% of its dollar value.With this in mind, we take a look at three possible reasons for this crash in BTC’s price.Healthy Correction, Profit TakingRight off the bat, it’s worth noting that the...

Bitcoin cash price rallied sharply above $700 before correcting lower against the US Dollar. The price is now trading well below $600 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $660 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair could continue to move down towards $415 and $400 before it could start a fresh increase. Bitcoin cash price is consolidating losses after a sharp...