Crypto news

Bitcoin price surged by a total of 5% over the past 24 hours, as the coin finally exceeds the $50,000 milestone.Just nine days ago, the primary cryptocurrency had broken above the January-2021 previous ATH at $42,000, on the day Tesla disclosed its $1.5 billion Bitcoin purchase.BTC then saw its largest-ever daily price candle, and encountered resistance at $48,570 (1.414 Fib Extension – green), struggling with it over the past few days till finally managing to close a daily candle above that...

Tron price traded as high as $0.0611 before correcting lower below $0.0550 against the US Dollar.TRX price is now holding the $0.0480 support level and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $0.0520 on the 4-hours chart (data feed via Bitfinex).The pair could start a strong increase if it clears the $0.0520 resistance zone in the near term.TRON price is consolidating gains above $0.0450 against the US Dollar, while bitcoin is...

Bitcoin has done it again and painted yet another all-time high, this time above the $51,000 price tag. Most altcoins have fallen against their leader, and BTC has managed to increase its market dominance to above 62%.Bitcoin’s Latest ATH At Above $51KThe past several days have been quite turbulent for the primary cryptocurrency but ultimately positive. Just on Monday, bitcoin was nearing the coveted $50,000, but a sharp retracement drove it down to a low of $46,000.However, the bulls took...

While many CFOs dabble with the idea of putting Bitcoin on their balance sheets following the Tesla purchase, Microsoft has no such plans. The giant’s President, Brad Smith, recently refuted any assumptions that the firm could join the growing trend anytime soon.No New Conversations About BTC In MicrosoftAll eyes are on bitcoin after the electric vehicle giant Tesla filed documents with the Securities and Exchange Commission showing it had allocated $1.5 billion in the primary cryptocurrency...

Bitcoin price rallied to a new all-time high near $50,665 against the US Dollar.The price is now consolidating above $48,500 and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $50,600 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to surge above $51,000 as long as there is no break below the $48,000 support.Bitcoin price is trading in a strong uptrend above $48,000 against the US Dollar. BTC is...

Despite the huge and ugly lawsuit pending against Ripple, the company’s cryptocurrency XRP has recently incurred a massive gain following news that Tesla has purchased approximately $1.5 billion worth of bitcoin, the world’s leading digital asset by market cap. The news suggests that all smaller altcoins still move in tandem with BTC and have yet to find their own footing in the growing world of digital currency.Ripple Shoots UpFollowing the purchase, XRP rose as much as 15 percent before...

Not long ago, it was being discussed if 2021 would be the year in which a bitcoin-based exchange-traded fund (ETF) would finally be introduced. The product has experienced heavy delays and angry looks from organizations such as the Securities and Exchange Commission (SEC), which claims that bitcoin is too volatile and too vulnerable to fraud and other security issues to ever serve as the basis of an ETF.Canada Will Give the World Its First Bitcoin ETFNow, however, it looks like the way is...

Rapper Jay-Z – along with Square and Twitter CEO Jack Dorsey – are working together to bring more public awareness to bitcoin. The two have partnered up to create a new fund dedicated to the world’s leading digital currency by market cap.Jack Dorsey and Jay-Z Are Working Towards a World of BTCAs part of the project, each figure is giving approximately 500 bitcoin units to a new endowment that’s being called “Btrust.” The money will be used to establish new blockchain firms in both Africa and...

We are happy and proud to announce that we are partnering with Crypto.com to bring liquidity mining campaigns to their platform by integrating the NIOX Maker, and more importantly, NIOX Swarm. Together these tools will enable intelligent crowdsourced liquidity.Liquidity is one of the most essential pre-requisites for all financial assets and trading platforms. However, most market participants are unclear as to what drives liquidity and how to measure its effects. This is mainly because...

The United States Securities and Exchange Commission (SEC) and Ripple, the fintech company behind the third-largest cryptocurrency, XRP, have clearly stated that there will not be any settlement on the current lawsuit against Ripple prior to the official trial date.No Prospect For SettlementBoth parties made this statement in a discovery letter dated February 15, 2021, which was addressed to Judge Analisa Torres. In the document, both the SEC and Ripple said that they “do not believe there is...