Crypto news

The recent days were rough for Bitcoin after it dropped from the record high at $58,000 on Sunday by almost 25% just two days later. As of now, BTC bottomed at $44,750 on Tuesday and bounced back steadily to the $50K region. But, was that the ultimate short-term bottom after the 2-day bloodbath earlier this week?Looking from a longer-term perspective, BTC managed to close the daily candles inside the ascending price channel that it has been following for the entire period of February. The...

Early bitcoin adopter has moved 100 BTC for the first time after mining the coins over ten years ago. Within this time, the value of the tokens has exploded more than 600,000 times to about $5 million.Interestingly, further data revealed that similar OG miners had moved substantial chunks of BTC to exchanges at times close to a local price top.100 BTC on the Move 11 Years LaterThe ever-vigilant crypto community recently caught an intriguing transaction taking place on the Bitcoin blockchain....

GameStop has undoubtedly become the most widely discussed company in 2021 following the Wall Street Bets fiasco that catapulted its price to all-time highs far beyond the wildest imaginations.The action on the stock had since cooled down a bit as WSB lost some steam, but in the past few days, it’s on again as the price surged over 110%.GME Stock Price Soars 110%The price for GameStop shares has skyrocketed once again, weeks after the tumultuous fiasco with Wall Street Bets.Upon yesterday’s...

After another unsuccessful attempt to decisively overcome the $50,000 price mark, Bitcoin has fallen to $49,000 again. Altcoins, which showed brief signs of recovery yesterday, have dropped again, with Ethereum beneath $1,600 and BNB back to $240.Bitcoin Drops Below $50,000 AgainThe past several days didn’t go well for the bitcoin bulls as the cryptocurrency plummeted by more than $13,000 in about a day or so at the start of the week. They attempted a rapid recovery, which drove the...

EOS failed to surpass the $5.500 zone and corrected lower against the US Dollar. The price is currently trading well below $4.400 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $4.000 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase). The pair could either recover nicely above $4.000 or it might decline again towards $3.200. EOS price is consolidating losses below $4.500 against the US Dollar,...

Litecoin price started a sharp downside correction from the $250 resistance against the US Dollar. LTC price is now trading well below $200 and the 55 simple moving average (4-hours). There is a key contracting triangle forming with resistance near $188 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must clear the $190 and $200 resistance level for more upsides in the near term. Litecoin price is consolidating losses below $200 against the...

In a blog post on Feb. 25 titled “Coinbase is a decentralized company, with no headquarters”, CEO Brian Armstrong stated that the firm has moved to a ‘remote first environment’.No HQ = Decentralized?He added that 52% of their employees have joined the company in a ‘post-office world’ and 95% of them have the option to work from home. Originally based in San Francisco, many company employees have dispersed across the globe since the beginning of 2020.“It has helped us attract top talent. One...

The head of the Bank of Korea, Lee Ju-yeol, said that Bitcoin and other major cryptocurrencies lack intrinsic value. However, he believes that all assets will continue to experience significant price fluctuations.Price Surge Because of Pro-BTC Institutional Investors?The chief of the Bank of Korea said cryptocurrencies, including Bitcoin, do not possess inherent value. In a recent news report, Lee Ju-yeol blasted the highly volatile nature of the digital asset industry.“There is no intrinsic...

GLA United akzeptiert als erste Schweizer Full-Service-Agentur Bitcoin Zahlungen und setzt mit einer exklusiven Bitcoin-Aktion ein Zeichen. GLA United akzeptiert als erste Schweizer Full-Service-Agentur Bitcoin Zahlungen und setzt mit einer exklusiven Bitcoin-Aktion ein Zeichen. Zusätzlich unterstützt die Agentur Unternehmen dabei, Kryptowährungen als Zahlungsmittel zu akzeptieren. Die Agentur GLA United mit Sitz in Zug, London und...

Dogecoin has been around since late 2013, starting as a joke initially. The coin has been designed to be a satirical homage to Bitcoin. Besides being a joke and meme coin, Dogecoin wasn’t intended to serve any other purpose. Yet, you can use it to transfer value.5 Interesting Facts About DogecoinHere’s a list of five interesting facts about Dogecoin:Dogecoin started as a joke created by Jackson Palmer and Billy Marcus in November 2013. Marcus recently claimed that he sold all of his DOGE in...