Crypto news

LINK/USD – LINK Finally Breaks December ResistanceKey Support Levels: $14.30, $13.50, $13.Key Resistance Levels: $15, $15.66, $16.73.LINK pretty much traded sideways throughout December. Our previous LINK analysis stated that it must break either $14.30 or $11.50 to dictate the next direction. Although it briefly penetrated below $11.50 toward the end of December, it never closed a daily candle beneath $11.In January 2021, LINK started to push higher from $11 as it increased by a total of 33%...

Grayscale Investments has removed XRP from its diversified public crypto fund  — Grayscale Digital Large Cap Fund (DLC). The move could be yet another fallout from the current enforcement action by the U.S. Securities and Exchange Commission (SEC) against Ripple.Grayscale Nixes XRP, Reallocates Liquidated PositionAccording to an announcement, Grayscale revealed that it removed XRP from its Digital Large Cap Fund (GDLC). Following the liquidation of the XRP holdings in the fund, the funds were...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 1047. Im heutigen Video geht’s um folgende Themen: XRP-Investor startet Sammelklage gegen Coinbase, US-Banken können Stablecoins zur Zahlungsabwicklung nutzen, Binance Trading Rekord. 1.) XRP-Investor startet Sammelklage gegen Coinbasehttps://www.btc-echo.de/xrp-investor-startet-sammelklage-gegen-coinbase/ 2.) US-Banken können Stablecoins zur Zahlungsabwicklung...

Recent data indicated that mid-tier traders took profits before and during yesterday’s massive price drops for bitcoin and Ethereum. Furthermore, it disputed the assumptions that whales and institutional investors have disposed of their BTC holdings.Mid-Level BTC Holders Took Profits Amid The DropFollowing the highly positive first days of 2020 in which bitcoin exploded above $30,000 to a new all-time high of nearly $35,000, the cryptocurrency retraced heavily yesterday. As CryptoPotato...

Bitcoin’s price has gone on an impressive run in the last few weeks, accelerating at a parabolic rate. Despite the most recent correction, the asset is still trading somewhat solidly above the $30,000 mark, charting an impressive increase of 310% since the same time last year.Yet, Warren Buffett’s longtime partner, Charlie Munger, is still far from being convinced on anything bitcoin. And he’s wrong.Charlie Munger: Investing in Bitcoin Is DementiaWriting for Yahoo Finance, GuruFocus’ John...

Two more companies that could be affected by the recently proposed FinCEN crypto regulations, namely Square and Andreessen Horowitz, have confronted the legislation. Both believe that the industry requires clear rules but asserted that FinCEN has failed in its rushed attempt.Square Goes After The FinCEN Crypto RegulationsCryptoPotato reported recently that the US Treasury’s Financial Crimes Enforcement Network (FinCEN) came up with new regulations on Money Services Business (MSBs) that...

ADA price rallied above the $0.2000 and $0.2200 resistance levels against the US Dollar.The price is now correcting lower below $0.2100, but it is above the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $0.1900 on the 4-hours chart (data feed via Kraken).The price is likely to remain well supported on the downside near the $0.1900 zone.Cardano price is slowly moving lower from well above $0.2200 against the US Dollar, similar to bitcoin. ADA...

Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...

Nigel Green, CEO of the independent financial advisory organization deVere Group, has sold half of his bitcoin stash during the Christmas holidays. However, he maintained his bullish position on the cryptocurrency for the long-run while highlighting the growing adoption curve.Green Sells Half Of His BTCFounded in 2002, deVere Group is a large financial advisory company with over 80,000 clients in 100 countries. Its CEO, Nigel Green, has been a long-term BTC supporter who describes himself as...

Pull out the cake, put on those party hats and blow out the candles! Bitcoin is celebrating a birthday. It was exactly 12 years ago on January 3, 2009 that the very first unit of the world’s largest and most powerful cryptocurrency by market cap was extracted from the blockchain.Bitcoin’s Birthday Is HereAnd what a great way to celebrate this newfound horizon. The asset recently spiked beyond the $33,000 mark, reaching a new all-time high and starting 2021 off on solid ground. Gaurav Dahake –...