Crypto news

At the time of writing, bitcoin – the world’s number one digital currency by market cap – has surged to a new all-time high, having broken $50,000 and now trading for just over $51,000. To be fair, the asset has done this once or twice in the past, but it was always followed by a quick drop to the high $48,000 range, suggesting that bitcoin either didn’t have the momentum we all thought it did yet, or the change happened way too fast.Bitcoin Has Shot Up AgainBitcoin has shown in previous...

Cryptocurrency has been all the rage as of late. Many celebrities – from rapper Jay-Z to Twitter head Jack Dorsey – have been consistently jumping onboard, and it looks like Jake Paul – a renowned star of the video and content sharing website YouTube – has been in talks to develop his own cryptocurrency with fellow YouTuber Ben Phillips.Jake Paul Is Clearly a Crypto FanIn a recent interview, Paul commented that no plans have been fully established yet. He also says that this would not be some...

DOT/USD – Bulls Turn Parabolic Above Ascending Price ChannelKey Support Levels: $35.50, $32.71, $30.Key Resistance Levels: $40.92, $41.63, $45.57.DOT has been trading within an ascending price channel for the majority of February. Yesterday, it pushed higher from $36 to meet resistance at $35.50 (1.272 Fib Extension & the upper boundary of the price channel).Today, DOT managed to break the upper boundary of the price channel and start to turn parabolic. It surged as much as 17% to set the...

The growth of the leading cryptocurrency asset manager Grayscale Investments has pushed the company into appointing three new C-suite hires. As a result, the company has filled the roles of Chief Operating Officer, Chief Compliance Officer, and Chief People Officer.New C-Suite Hires In GrayscaleFounded in 2013, Grayscale is a crypto asset manager that enables institutions and corporations to receive exposure to BTC and other digital assets without worrying about managing or storing the...

Der Markt ist weiterhin im Aufwind. Erneut eilte Bitcoin in den letzten Tagen zu einem Allzeithoch – über 57.000 US-Dollar ist ein BTC jetzt schon wert. Doch der größte Gewinner dieser Woche ist eindeutig der Cryptocoin der Börse Binance, genannt: BNB. Bitcoin News: Binance Coin outperformt BitcoinIm Wochenvergleich konnte der Bitcoin ein Fünftel zulegen. Nachdem die Marke von 50.000 US-Dollar genommen wurde, kam es allein in den letzten 24 Stunden zu einem Plus von mehr als 8 Prozent.Von der...

Although several well-known companies recently allocated funds in BTC, a study among 77 financial executives showed that the overall number of firms planning to get on the bitcoin bandwagon is relatively modest at just 5%. Somewhat expectedly, most skeptics justified their decision with BTC’s volatility.Most CFOs Have No Plans To Buy BitcoinTesla shocked the world last week after news broke that Elon Musk’s electric vehicle giant had purchased $1.5 billion in bitcoin. Apart from the immediate...

The narrative that bitcoin is rarely used for payment transactions has been debunked by several fields in the span of a week. Apart from Swiss residents being able to pay their canton taxes in BTC or Portuguese citizens paying their electricity bills, a UK-headquartered private jet charter company said that nearly 20% of its yearly revenue came in the form of the primary cryptocurrency.PrivateFly Gets 19% Of Revenue In BTCFounded in 2005, PrivateFly is a global private jet charter company...

Another day brings more breached milestones for the crypto field as the market cap has exploded above $1.7 trillion for a new record. This comes following ATHs for Bitcoin above $56,000, Ethereum (north of $2,000), and numerous other altcoins heading towards uncharted territory as well.Bitcoin Sees Yet Another ATHIt was just earlier this week when the primary cryptocurrency struggled around the $46,000 price tag after a sharp drop. However, the asset rapidly reversed the trend and started...

A new cryptocurrency scam involving some heavy social intelligence and media manipulation is brewing on Twitter, and the potential victims appear to be a bunch of K-pop fans.K-pop is a pop variant played by South Korean bands. The bands enjoy great popularity in Asia, but their fame is spreading to other continents thanks to the boom in internet streaming services.An investigation by the Economic Times revealed that an unidentified group had likely bought thousands of accounts or created a...

The bull run in the crypto market continues with full force as ETH has surged above $2,000 for the first time in its history. The asset is up by nearly 200% since the start of the year when it dabbled with the $700 price mark.Ethereum has been among the best performing crypto assets since the mid-March liquidity crisis in 2020, when it dripped below $100. The cryptocurrency has seen nothing but gains since then, which resulted in numerous broken records in the following eleven months.ETH...