Crypto news

Following news that the Securities and Exchange Commission (SEC) is looking to sue Ripple for selling unregistered securities, crypto exchanges such as Coinbase in the United States have announced that they will soon drop XRP from their lists of offered digital assets and halt trading beginning early 2021.Coinbase Says “No” To RippleCoinbase has stated that all XRP trades will be suspended as of January 19 of this year. The good news is that customers of the exchange will not lose access to...

The Bitcoin price surged by over $3300 today, which is a new record, as of writing these lines. The solid 13% daily rise had brought BTC beyond $30,000 to reach a new ATH at $33,333 (according to Bitstamp).Over the past week, Bitcoin managed to increase by a robust 32%, which also marked a new ATH for Bitcoin’s market cap – over $600 billion, as well as the total crypto market cap, which recorded currently hovers around $856 billion, with Bitcoin dominating 71% of it.A quick recap of the past...

The relationship between bitcoin and India has always been a complicated one. Following a lengthy period of preventing bitcoin companies from doing business with banks, India now says it’s considering imposing a large Goods and Services Tax (GST) on all BTC transactions.India Wants to Impose a GST Tax On BTCThe tax would be around 18 percent. To qualify for the tax, a transaction must be worth more than 40,000 crores. The news comes by way of the Central Economic Intelligence Bureau (CEIB), a...

If history is any indicator, the recent spike of Dogecoin might be a perfect sign for all remaining altcoins, following the recent spike of the meme coin, which started as a joke as one of the first cryptocurrencies besides Bitcoin.DOGE Surges 120%Despite not being so high up the market cap ladder, DOGE is undoubtedly one of the most popular cryptocurrencies. It is frequently mentioned by one of the most influential businessmen on the planet, Elon Musk. He even jokingly in his Twitter handle...

Things are not looking great for Ripple and its XRP cryptocurrency. In a day where the total market cap managed to add a whopping $60 billion as bitcoin charts a staggering 11% increase, XRP is down 5% in the past 24 hours.In what looks like an interesting development, a group of supporters is trying to force the hand of White House on the allegations made by the Securities and Exchange Commission.XRP Supporters File a Petition to the White HouseAn interesting petition titled We the People...

Bitcoin has been doing rather well as of late, but according to crypto analyst Mark Newton – founder and president of Newton Advisors – the asset could be headed for a slow period in early 2021.Mark Newton: The Good Fortune May Soon Halt for a WhileIt’s always disappointing to start the new year out on negative or depressing news, but in a recent interview, Newton pointed to a technical chart to show how the bitcoin price could ultimately be in for a correction sometime in 2021.This has been...

Shortly after bitcoin broke above its 2017 all-time high of $20,000, most of the cryptocurrencies followed with serious gains. Earlier today, the cumulative market capitalization of all digital assets overcame the previous high by surging north of $836 billion.According to data from one of the leading cryptocurrency monitoring resources, CoinMarketCap, the market cap reached somewhere around $834 billion during the parabolic price increase in 2017/2018.However, the recent bull run within the...

Several US Congress members and a Senator have joined Coinbase in asking the US Treasury to extend the timeframe for responses to the recently proposed crypto regulations. The lawmakers argued that the agency hadn’t provided enough time for all concerned parties to issue their feedback.US Congresspeople Ask For Crypto Regulation ExtensionCryptoPotato reported recently that the US Treasury Department’s Financial Crimes Enforcement Network (FinCEN) proposed new regulations on Money Services...

Die Rallye geht weiter. Der BTC überstieg zum Jahresbeginn sogar die Marke von 30.000 US-Dollar. Und es gibt so gut wie keine Anzeichen für ein Ende des Preisanstieges. In dieser Marktlage melden sich die Winklevoss-Zwillinge und wiederholen ihre langfristige Preisprognose. Bitcoin News: Winklevoss-Zwillinge sehen BTC bei 500.000 US-DollarIn einem neuen Artikel auf Winklevoss Capital haben die Zwillinge ihre Preisprojektion erneuert und viele Argumente für einen BTC-Preis von 500.000...

Bitcoin went through another considerable increase in the past hour, breaking through the major psychological level of $30,000 for the first time in history. The cryptocurrency set a new all-time high as bearish traders are left in despair with millions of liquidations in just an hour.$120 Million Short Positions Liquidated Across the BoardThe last hour saw bearish traders in despair. Over $130 million worth of short positions were liquidated in the last hour alone as BTC broke above $30K.Of...