Crypto news

Three years ago, Bitcoin prices were just cooling off from a surge to an all-time high of $20,000. The altcoins had yet to peak, but this would come in the first week of January.Fast forward three years and Bitcoin prices are just cooling off from a new all-time high of $28,400 on Sunday, December 27 according to Tradingview.com.Those that stood their ground and battled through the brutal two-year bear market will have done well. But many that FOMO’d into cryptocurrencies in 2017, possibly...

An unnamed individual in Rome, Italy has been accused of one of the largest cryptocurrency fraud schemes ever recorded in the space’s short, yet significant history. As it stands, police investigators are only claiming that the man allegedly responsible possesses the initials “F.F.” and that he is roughly 34 years of age. Not much else is known about him at press time.Italy Is at the Center of a Crypto Fraud InvestigationThe fraud is reported to have occurred last year in 2019. It happened...

It looks like Australia is becoming a super haven for cryptocurrency and blockchain activity. According to a new survey, it appears that roughly 20 percent of the residents of the Great Outback have either owned cryptocurrency in the past or possess it at the time of writing.Australia and Cryptocurrency Are Becoming Long-Term PartnersThe survey comes by way of the Independent Reserve Cryptocurrency Index (IRCI). The platform conducts this survey annually and has discovered that 2020 was the...

ETH/USD – Ethereum Bulls Push To Fresh 2020 HighsKey Support Levels: $675, $665, $617.Key Resistance Levels: $700, $720, $733.Yesterday, Ethereum was struggling to break beyond $630. The resistance was finally penetrated today as it continued further above the previous 2020 high at $675 (bearish .786 Fib Retracement) to reach as high as $695 today.The break beyond $675 allowed ETH to create a fresh 2020 high today. With the current momentum in the market, it is likely that ETH will break...

The US Senate has approved a new stimulus package worth nearly $900 billion, including $300 billion for small businesses and direct payments of up to $600 for American adults. With the total economic relief amount surpassing $3 trillion since the start of the COVID-19 pandemic, the question remains if these developments are inadvertent promotion for bitcoin.A Fresh US Economic Relief Of $900BNAs the unexpected outbreak of the COVID-19 pandemic infiltrated the Western World earlier this year,...

Bitcoin is starting to correct from its rampant rise above $28K this week, with the current price down $1,900 from its recent peak of $28,420. With the Bitcoin market capital currently above $520 billion and overall dominance now above 71%, a correction has been on the cards for a number of days now.$55 million worth of BitMEX short positions have already been liquidated in the last few minutes, as fears of a reversal begin to disseminate.The $27,000 level appears to be providing some...

Bitcoin has been on an incredible run over the past couple of months. The price surged above the coveted $20,000 mark earlier in December and it shows absolutely no signs of slowing down, with a current all-time high at above $28,000.Bitcoin Price on SteroidsLess than three months ago, bitcoin’s price was slightly above $10,000 and it’s unlikely that anyone could have foreseen what followed.In October, the price started trending up and before we knew it, it had reached below $20,000. It was...

Another day and another all-time high for bitcoin as the asset broke above $27,000 and even neared $28,000. Most alternative coins have failed to mimic BTC’s gains, and bitcoin’s dominance has exploded to above 70% for the first time since September 2019.New ATH For BTC At $27,900This year’s Holiday season has turned to be quite bullish for the primary cryptocurrency. Ever since December 24th, bitcoin has painted a new all-time high daily.After breaking above $25,000 and $26,000 in the past...

A record high of $26,940 has been reached by Bitcoin a few hours ago according to Tradingview.com. The move has added another 7.5% to the price of the king of crypto over the past 24 hours.Currently, prices had retreated slightly to trade at around $26,800 which is not far off the recent high and signs are still indicating that there is more bullish momentum which could push prices up to a whopping $30k or beyond.Chart – tradingview.comAnalyst, Josh Rager, put it simply;“Kind of wild that...

Italian art dealer Stefania Minutaglio is the head of 11 [HH] Art Gallery in both Rome and Miami. She has recently begun accepting crypto payments for the artwork she sells and says that some of the artists who consistently feature their work with her gallery have begun to embrace digital assets as well.Stefania Minutaglio Enjoys Her CryptoIn a recent interview, Minutaglio explains why she thinks cryptocurrency is the future. She mentions:No doubt our gallery is a forerunner in terms of...