Crypto news

ETH/USD – Ethereum Returns To June 2018 Price LevelsKey Support Levels: $550, $521, $500.Key Resistance Levels: $580, $600, $620.Ethereum broke the $500 level for the first time in 2020 last Friday as it surged into the $511 resistance. Yesterday, the bulls continued to drive ETH even higher as they closed the day slightly above the $548 resistance (bearish .618 Fib Retracement).Today, after a retest of the same $511 resistance turned support level, the bulls penetrated $550 to reach as high...

We’ve said it before, and we’ll said it again. Bitcoin isn’t for everyone, and it appears the digital currency is frustrating another financial expert – so much so, that this individual is stepping away from the asset completely. His name is Masayoshi Son, and he’s the CEO of Softbank.Son Is Not a Bitcoin FanIn a recent interview, Son commented that he just doesn’t understand bitcoin, and that even though he’s spent so much time tracking its movements and trying hard to invest in it, he feels...

The forthcoming Crypto.com Visa cards for Canadian citizens are reportedly coming early next year and are considered another step in the country’s recent turn towards cryptocurrency adoption.Visa Cards For Canadians As Early As January 2021The digital assets exchange and app Crypto.com has officially announced that citizens of Canada are now able to apply for its Visa cards. Plans are for the shipment of new cards to begin in January next year. The country is the most recent addition to the...

After heading the U.S. Securities and Exchange Commission for the past three and a half years, Jay Clayton has decided to end his term early. As the SEC’s mission is to protect investors and ensure fair and efficient financial markets, it’s worth exploring how has the Commission impacted the cryptocurrency field during his tenure.The SEC’s Jay Clayton Steps Down EarlyBorn in 1966, Joseph “Jay” Clayton is an attorney who became the Chairman of the Securities and Exchange Commission in May...

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

Another day, another DeFi hack. Pickle Finance just announced that funds deposited in one of its smart contracts were stolen by a hacker hours ago.The team is still investigating how exactly the hacker stole approximately $20 million in funds. Their wallet is still “dormant” and has not started the “money laundering” phase that tends to follow every hack.And if a hack was not enough, Pickle Finance’s token (PICKLE) crashed after the news spread, losing almost 58% in a matter of hours.Pickle...

Not too long ago, Live Bitcoin News reported that Akropolis – a crypto lending service – was the victim of a crypto hack that saw more than $2 million in Dai cryptocurrency tokens stolen practically overnight.Akropolis: If You Work With Us, We’ll Work With YouAkropolis has not gone to the police or law authorities yet to discuss the present case. Instead, it’s taking a different approach, proposing a partnership with the hacker and a small financial reward for his (or her) willingness to...

Bitcoin, the world’s number one cryptocurrency by market cap, has got everyone feeling joy and excitement about investing again. The asset is looking to make headlines as much as it can before the end of the year, and the currency is presently trading past the $18,000 mark for the first time in roughly three years.Bitcoin Is Experiencing a New Kind of Bull RunThe currency has shot up by more than six times what it was in March. There was a time during that month that the currency was trading...

Bitcoin has shot past the $18,000 mark, the highest it’s been since 2017. The currency remains on one of the biggest runs of the past three years. Many analysts are now convinced that the asset will reach its all-time high yet again before the year is out.Bitcoin Continues to Rock the BoatSo, why is bitcoin doing so well as of late? Several industry experts are weighing in. For one thing, bitcoin is a rare asset. It was decided in 2009 when it was first brought to the financial table that the...

XRP/USD – Bullish Explosion Leads To 17 Month HighsKey Support Levels: $0.4, $0.388, $0.378.Key Resistance Levels: $0.42, $0.44, $0.457.Today, XRP surprised everyone as it exploded by a powerful 32.5%. The cryptocurrency started the day at $0.33 as it started to push higher to reach as high as $0.44. It has since dropped slightly to trade at $0.413.The cryptocurrency had been showing signs all month that it was ready to start a bull run, but nobody could have guessed this type of price...