Crypto news

Bitcoin-Miner konnten im Januar 2020 einen Rekordumsatz verzeichne. Rund 1,12 Milliarden US-Dollar wurden in den vergangenen 31 Tagen erwirtschaftet. Das übersteigt sogar noch die Zahlen aus dem Rekordmonat Dezember 2017, als am Ende 1,25 Milliarden US-Dollar auf der Habenseite standen. Im Januar 2018 verzeichneten Bitcoin-Miner einen Umsatz von 1,02 Milliarden US-Dollar. Während diese Zahlen im letzten Monat knapp erreicht wurden, gab es im Bereich der Block-Subventionen...

Ukraine has announced plans to establish major data centers near some of its many nuclear power plants. These centers will ultimately be used to mine cryptocurrency and store important documents. The news suggests that bitcoin and cryptocurrency is growing more popular around the world as prices continue to experience further spikes.Ukraine Looks to Establish Itself as a Mining StateAs it stands, there are contrasting reports regarding how much electrical energy will be required for the...

AAVE/USD – Bulls Turn Parabolic Above Ascending Price ChannelKey Support Levels: $445, $400, $378.50.Key Resistance Levels: $500, $520, $548.Aave has turned parabolic after managing to surge by a whopping 72% over the past week alone. The cryptocurrency had been rising throughout January as it remained confined within an ascending price channel.Yesterday, AAVE surge by a total of 27%, allowing the cryptocurrency to reach the upper boundary of this price channel. The further 45% price hike...

In yet another push forward in terms of the overall advent of the cryptocurrency space, LL Cool J is now investing in cryptocurrencies alongside billionaire Paul Tudor Jones.The report comes from Yahoo Finance, revealing that the legendary investor Paul Tudor Jones, as well as James Todd Smith, better known for his stage name, LL Cool J, have taken part in a new venture capital cryptocurrency fund.Other important individuals include the former CEO of PepsiCo Indra Nooyi, the billionaire...

Bitcoin is not volatile when compared to fiat currencies, college education, or even real estate, commented the Executive Chairman of NYDIG, Ross Stevens. During an appearance on MicroStrategy’s Bitcoin Educational Conference, the executive also predicted that his organization could top $25B in BTC under management by the end of the year.Stevens: BTC Is Not VolatileMichael Saylor and his business intelligence company MicroStrategy have become among the most prominent bitcoin advocates in the...

Bitcoin is back on a bullish footing after finally breaking above the descending triangle pattern, which started forming a month ago when it recorded its all-time high. Since the breakout, the cryptocurrency managed to rise by a total of 12.5% to reach the current level of around $37,500.A quick recap: bitcoin’s price had been trapped within a large descending triangle pattern for almost four weeks, as can be seen on the following charts. It did manage to break last Friday, however, this...

In a Q4 2020 investor update, PayPal revealed that it recorded fourth-quarter and fiscal year financial results that were far beyond its expectations. The company noted that it was its strongest fiscal year, with high payment volume and new accounts further strengthening its scale.PayPal recorded a massive surge in the number of active accounts on its platform, with a whopping 16 million active accounts in Q4 2020 alone. For fiscal 2020, the company added 72.7 million net new active accounts,...

Cynthia Lummis is the first woman to represent the state of Wyoming in the US Senate. She’s a member of the Republican Party and was sworn into the United States Senate on January 3rd, 2021.She’s become a well-known commentator on Bitcoin and other cryptocurrencies and has said that she is working towards educating other Senate members and officials on their merits. Now, she’s also on the Senate Banking Committee.Cynthia Lummis. Source: C-SpanSenator Lummis on the Senate Banking...

The total crypto market cap has surged to a new all-time high of $1.150 trillion as bitcoin topped $38,000 before retracing back below it. Most alternative coins also marked substantial gains, including fresh all-time highs for Ethereum and Polkadot.Bitcoin Touched $38KAfter the calm weekend in which BTC retraced to about $32,000, the primary cryptocurrency started to gradually increase its value. This led to yesterday’s break out from the consolidation triangle and an intraday high of...

Litecoin price started a fresh increase from the $125 support zone against the US Dollar.LTC price is now trading well above $140 pivot level and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair could correct lower, but it is likely to remain stable above $145 and $142.Litecoin price is showing positive signs above $145 against the US Dollar, similar...