Crypto news

Coinsbit feiert sein 3-jähriges Jubiläum und hat daher für die nächsten drei Monate eine besonders hohe Rendite beim Bitcoin Staking im Angebot. Die Cryptobörse bietet ganze 3% monatlich an. Eine gute Gelegenheit, sich die Börse näher anzusehen. Bitcoin News: 3% Staking Rewards auf Bitcoin bei CoinsbitDas Angebot läuft bereits seit dem ersten März, ein Einstieg ist jedoch weiterhin möglich. Allerdings ist das Budget beim Staking auf insgesamt 30 BTC begrenzt.Coinsbit ist generell eine...

The co-founder of a fraudulent ICO project that duped more than $25 million from investors, Sohrab Sharma, has received a sentence of eight years in prison for his role.The project itself, dubbed Centra Tech, was previously backed by several celebrities, including the boxing legend Floyd Mayweather and the producer DJ Khaled.Centra Tech Co-Founder Behind Bars for 8 YearsFounded in 2017, Centra Tech marketed itself as a debit card provider that supposedly allowed purchases with...

Following a few days of price slides and choppy price action, bitcoin has bounced off from yesterday’s low and eyes $50,000 once again. The altcoins have also reacted positively, with Ethereum surging by 8% to nearly $1,600, as of writing these lines.Bitcoin Has $50K In Sight (Once Again)The BTC bulls didn’t seem to like the price action since Wednesday, when the situation seemed to be going in the cryptocurrency’s way as it reached as high as $52,500 just days after bottoming at $43K....

Who says that bitcoin and the stock market aren’t correlated? Following bitcoin’s meteoric rise beyond the $50,000 line a few days ago, it looks like several crypto-based stocks are potentially following in the asset’s footsteps and are now trading at new highs for the year. Crypto Stocks Have Been Firing on All Cylinders Bitcoin has been on a serious roll as of late. In fact, it can be said that the currency has been on a bullish run for almost a year now, having shot...

Uh oh. It looks like many of the people who invest in bitcoin know little or nothing about it. What does that say about the industry? Bitcoin Investors Don’t Always Seem to Know What They’re Doing Bitcoin is shaping up to be one of the biggest and most popular assets in history. The currency is reaching unprecedented levels, and recently shot beyond the $50,000 mark for the umpteenth time, though it has since incurred a small dip that has brought it back down into the...

This week was tough across the board, not just in the cryptocurrency market. It was marked by a serious correlation between Bitcoin and the S&P 500, as well as the entire legacy market, in general.As CryptoPotato reported, the abovementioned correlation reached a 5-month high. While this seems to be bearish in the short term, given that the stock market slumped following government bond yield that gave the market a jolt, there’s also a bullish argument to be made.Last weekend, the US...

PAID Network, one of the most popular Initial DEX Offerings (IDOs) that took place on Polkastarter’s platform a while ago and brought tremendous returns to private sale investors, is going through what seems as a massive attack.PAID Network, one of the most popular and heavily promoted IDOs that brought massive returns to private sale investors, seems to have been exploited.Multiple reports on social media point towards the exploit.It appears that over 59 million PAID tokens were minted and...

Kraken CEO Jesse Powell is taking a page out of Jack Dorsey’s book and claiming that bitcoin will some day be a global currency. Jesse Powell: BTC Will Beat All Fiat Back in 2018, the CEO of both social media giant Twitter and payments company Square claimed that bitcoin would be a global currency. Rather, he stated that it would be the world’s only currency within ten years, and that it would replace all known forms of fiat. While bitcoin hasn’t quite reached this level...

BitcoinBitcoin is more or less trading at the same level it was last week around the same time. The cryptocurrency had dropped as low as $43,000 on Sunday, but it quickly bounded higher to close the daily candle above $44,750.On Monday, Bitcoin started to show some promise as it surged higher from $44,750 to reach as high as $49,600. Over the following three days, the cryptocurrency managed to spike back above the $50,000 level. However, it met resistance at $52,480 (bearish .618 Fib) and...

Yearn Finance (YFI) and Cover Protocol (COVER) announced today that the merger process between both, initiated last November, will come to an end. The breakup between both has resulted in a big hit for the price of COVER.Yearn Finance Breaks up With Cover ProtocolIn November 2020, Yearn Finance’s founder and arguably one of the most influential figures in the field of decentralized finance (DeFi) announced that they will join forces with the market coverage provider Cover Protocol.Today,...