Crypto news

Blockchain analysis company Chainalysis has unveiled a new program that will allow it to monitor all the assets that were seized from criminal operations. Analysts have emerged to claim that these assets are likely to include cryptocurrencies such as bitcoin, Ethereum and other mainstream digital tokens.Chainalysis Seeks to Make Things Simpler for RegulatorsOver the last few years, the crypto space has come a long way, establishing itself as a serious contender in the world of finance. Many...

Bitcoin’s price is now back on the key S/R zone (top green bar) between $15,900 and $15,860, as low weekend trading volume puts the brakes on bullish momentum. Since setting a new high of $16,475 on November 13, the leading crypto has printed 4 consecutive lower highs over the 4-hour time frame and is now tracking in a downtrending channel (blue channel). Global Crypto Market Capital chart by CoinmarketcapThe global crypto market capital has also broken away from its...

The bitcoin price shot past the $16,000 level a couple days ago. It has since added more than $200 to its price, and it looks like many analysts are convinced that $20,000 – the asset’s all-time high initially achieved in December of 2017 – could be struck again prior to the end of the year.Bitcoin Has Moved Around a Bit in the Last Few DaysHowever, it looks like the bitcoin price may have gone through some up and down motions before finally recovering and trading for what it presently sits...

XRP/USD – Bulls Finally Break October Range Key Support Levels: $0.27, $0.261, $0.251.Key Resistance Levels: $0.271, $0.28, $0.286. XRP surged by 6.8% over the past three days, which allowed the coin to break above the upper boundary of a 2-month-old range at $0.261. This resistance was provided by a bearish .5 Fib Retracement and prevented XRP from pushing higher during both September and October. After breaking $0.261, XRP continued higher to reach the $0.271 (bearish .618...

In 2019, cryptocurrency-related crime – thefts, hacks, fraud amounted to $4.5 billion. The latest data from blockchain forensics company CipherTrace shows that this number has fallen to $1.8 billion this year – a 60 percent reduction. Nonetheless, the DeFi space has seen an explosion in criminal activity. Mainstream Cryptocurrency Crime Declining Says CipherTrace In a tête-à-tête with Reuters, CipherTrace CEO Dave Jevans observed that crypto exchanges and digital asset...

Although BTC has recovered from the two dips beneath $16,000, so far over the weekend, the asset struggles with decisively reclaiming the coveted price level and the area between $16,000 – $16,250. Larger-cap altcoins have also lost some steam, but DeFi tokens have surged in value. Bitcoin Stalls Around $16K Bitcoin’s impressive performance as of late drove the asset from a low of about $15,100 on November 10th to a new yearly high of $16,500 last Friday. The community began...

Americans have just elected Cynthia Lummis (R) as their first female pro bitcoin senator, and she seems ready to make history. Lummis (R) became senator-elect from the state of Wyoming after beating the democrat candidate Mike Enzi. She has a long and well-known career in politics, but few know about her proud past as a Bitcoin hodler. And Lummis’ story doesn’t seem to be stuck in the past. The new senator is willing to give a better future to the Bitcoin ecosystem by putting...

Bitcoin has gained quite a bit of momentum this year and is adding fans to its roster at an unprecedented level. At the time of writing, the world’s number one cryptocurrency by market cap has added another newbie to its list of major admirers. That newbie is Stanley Druckenmiller, a legendary hedge fund manager who now says he owns some bitcoin for the first time – and he seems to like it.Druckenmiller: BTC Is a Major New Asset ClassThe idea behind bitcoin’s sudden rise in popularity is that...

It has been roughly seven months since the US government sent the first stimulus checks worth $1,200 to many citizens. Interestingly, that amount would now be worth nearly $3,000 if invested in Bitcoin as the asset price has significantly appreciated since then, unlike the dollar. Stimulus Checks: The History World governments were caught by surprise when the COVID-19 pandemic broke out earlier this year. One of the first orders of business included seizing regular life as we...

As recently reported, bitcoin has moved past the $16,000 mark, the highest it’s been in approximately three years. However, some analysts claim that things are about to slow down a bit before they get better. They predict a period of consolidation and believe that bitcoin could potentially lose a bit of steam before regaining momentum and surging to $20,000 again by the time Christmas rolls in.Some Believe Bitcoin Will Fall in the Coming MonthFor crypto enthusiasts everywhere, the holiday...