Crypto news

This week saw nothing but green on the cryptocurrency markets as it seems everything is surging. Ethereum charted a new ATH, as well as many other altcoins, while Bitcoin attempts to reclaim $38K.BitcoinBitcoin saw a 15% price surge this week as the sentiment starts to turn bullish again for the primary cryptocurrency. The coin had been in a consolidation phase since hitting its ATH price at $42,000 last month. Since then, it has pretty much traded sideways within the confines of a descending...

The decentralized finance field continues expanding in all directions as the total value locked in various projects has tapped $35 billion. At the same time, numerous DeFi tokens have exploded in price in the past 24 hours, including an all-time high for Chainlink and double-digit pumps for Aave, Maker, Synthetix, Compound, and more.Skyrocketing DeFi TokensThe total crypto market cap marked a new all-time high today at over $1.170 trillion, and DeFi coins have attributed the most to these...

News emanating from Nigeria reveals that the country’s central bank has allegedly placed a ban on buying and selling cryptocurrencies.A circular disseminated by the Nigerian Central Bank has revealed the apex bank’s intention to clamp down on bitcoin buying and selling. The Central Bank issued a memo signed by its Director of Finance and Policy Regulation, Kevin Amugo, in 2017, warning against the use of unregulated virtual currencies and highlighted the place of virtual currencies in...

ETH’s increasing price is not the only Ethereum-related featured that has been skyrocketing lately. The transaction costs paid on the network (gas fees), prompted by DeFi and stablecoins, have surged to new average highs of over $20.Gas Fees Through The RoofIt’s no secret within the community that arguably the most utilized blockchain, the Ethereum network, has struggled with scaling issues for a while.Until the long-anticipated ETH 2.0 arrives, numerous projects have offered Layer-2...

XRP/USD – Bulls Rebound From $0.365 Support.Key Support Levels: $0.434, $0.4, $0.365.Key Resistance Levels: $0.48, $0.5, $0.556.XRP is now up by a whopping 60% over the past week. The coin had dropped lower from the opening price of $0.5 on Monday as it slipped into the .5 Fib support at $0.365. It managed to hold this support over the past few days until rebounding higher yesterday.It managed to spike as high as $0.5 yesterday but eventually closed the daily candle at $0.45. There is strong...

Shortly after reports emerged that bitcoin bull Chamath Palihapitiya will be running for Governor of the state of California, the Social Capital CEO refuted the claims. However, he doubled-down on his criticism against the current Governor Gavin Newsom in a recent podcast appearance.Palihapitiya Will Not Run For Cali GovCryptoPotato reported last week that Chamath Palihapitiya, the founder, and CEO of the venture capital company Social Capital, had decided to run for California Governor. He...

Binance Coin, the native token of the world’s leading crypto exchange Binance, has been surging in the past several days to new all-time high records. Despite jumping above $60 earlier today, company CEO Changpeng Zhao urged people to stay calm as this is “just the beginning.”BNB’s Painted A New ATHWhile bitcoin and some altcoins, such as ETH, DOT, and LINK, took center stage during the recent bull run, Binance Coin seemed rather neglected. Although BNB had also increased in value since early...

Looking for a new cryptocurrency to invest in?As Bitcoin ranges around the astronomical $35,000 mark, more and more people around the world are getting excited about crypto. Newcomers are looking for the next coin with massive upside potential, while seasoned crypto-enthusiasts are searching for their next investment opportunity.Here’s a cryptocurrency that could be both.The FunFair Token (FUN)FUN is an ERC-20 token that represents the core of the FunFair technology ecosystem. Created in...

The world’s leading cryptocurrency asset manager, Grayscale Investments, continues with its rapid expansion by overcoming another AUM milestone at $30 billion. Somewhat expectedly, the Trusts dedicated to the two largest digital assets, namely Bitcoin and Ethereum, account for over 95% of all holdings.Grayscale Tops $30B In AUMFounded in 2013, Grayscale enables institutional investors to receive exposure to various cryptocurrencies without having to worry about storing or managing the assets....

Der grösste Vermögensverwalter der Welt, Grayscale, deckt sich mit weiteren 7'756 Bitcoins ein. Das geht aus einem Dokument der SEC hervor. Der Grayscale Bitcoin Trust hat vor einiger Zeit weitere Investierungen in das digitale Gold vorgenommen. Dies geht aus einem Formular der Securities and Exchange Commission hervor. Hiernach kaufte der grösste Vermögensverwalter der Welt genau 7’756 Bitcoin in einem Wert von über 255 Millionen...