Crypto news

Die Crypto Finance Gruppe, eine führende Crypto Asset Dienstleisterin im Finanzsektor, gibt den Erhalt der FINMA Wertpapierhausbewilligung für ihre Brokerage-Sparte Crypto Broker AG bekannt. Die Crypto Finance Gruppe, eine führende Crypto Asset Dienstleisterin im Finanzsektor, gibt den Erhalt der FINMA Wertpapierhausbewilligung für ihre Brokerage-Sparte Crypto Broker AG bekannt. Die Bewilligung wird es der Crypto Finance Gruppe...

Ripple price started a strong increase after forming a base above $0.2500 against the US dollar.The price is now trading well above the $0.5000 resistance and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $0.5050 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair traded as high as $0.5806 and it is likely to continue higher.Ripple price is trading in a positive zone above $0.5000 against the US...

Tether has dominated stablecoin markets for the past three years as the treasury has kept churning them out with a record level of almost 27 billion in USDT circulating now.The latest figures from CoinMetrics, however, indicate that its market share has dropped below 75% for the first time ever. More stablecoin options are good for the industry in general as reliance on one centralized provider for dollar-pegged assets is never a good idea.$USDT market dominance in stablecoins is below 75%...

Everyone who owns bonds in MicroStrategy is likely seeing their portfolios expand as of late.MicroStrategy Is Rewarding Risk-Taking ShareholdersThe company was amongst the first major institutional players to pledge support for bitcoin, the world’s leading digital currency by market cap. MicroStrategy ultimately bought more than half a billion dollars-worth of BTC between the months of August and December of last year, and this set up a long stride of additional institutional players –...

The narrative that institutional investors drove BTC’s price into the stratosphere in late 2020 received another confirmation from a research paper compiled by the popular exchange OKEx. The company’s document pinpointed Paul Tudor Jones’ endorsement of bitcoin in mid-2020 as the turning point for institutional adoption.PTJ Changed The Bitcoin GameIt was early May, the world had started to feel the adverse effects of the COVID-19 pandemic, global economies had begun contemplating their next...

The price of Dogecoin spiked by more than 80 percent last Thursday following activity on Reddit in which many of the asset’s fans pooled together to discuss the newfound interest Wall Street allegedly has in the currency which initially started out as a joke.The Price of Dogecoin Is Going Up, Up, UpCoinMarketCap.com – which monitors and tracks many of the world’s leading digital assets – says that Dogecoin had jumped by as much as 60 percent just a few days ago, while further jumps came only...

LINK/USD: Short Term Symmetrical TriangleKey Support Levels: $22.4, $22, $20.77.Key Resistance Levels: $24, $24.70, $25.65.LINK started the past week following a strong bullish momentum as it surged to a new ATH price of $25.65 on Monday. However, it failed to close a daily candle above resistance at $24.85 and started to head lower from there.By Wednesday, LINK had dropped into the support at $20.77, the previous ATH Price. It rebounded from there and spiked back above $26 but could not...

The Bitcoin whipsaw continues as it failed to break the marked bearish triangle’s upper angle and immediately dropped by $2000 to hit the $32,500 support, provided by a .382 Fibonacci Retracement level.The outlook for Bitcoin looked promising on Friday following the tweet by Elon Musk. BTC price managed to break out to the bullish side of the descending triangle pattern. However, this breakout was short-lived and turned into a fake-out as the coin failed to close a 4-hour candle above...

The largest US-based crypto exchange Coinbase has classified bitcoin and several altcoins as institutional assets following the developments in 2020. In its yearly report, the company has confirmed the growing institutional interest, the maturing market, and, somewhat surprisingly, the expanding appetite from corporations towards ETH.2020 Established Bitcoin As An Institutional AssetThe challenging last year saw the emergence of Bitcoin as an asset fit to serve the needs of institutional...

Binance Research has unveiled a new survey suggesting that many of the world’s top crypto owners still prefer the storage methods of digital exchanges.Binance Research: Most People Are Still Using Exchanges to Store CryptoBinance Research is a division of the world’s largest and most popular digital currency trading platform. According to the recent survey, as many as 60 percent of the world’s digital currency traders and buyers store their assets in exchanges. The survey is being called the...