Crypto news

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...

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $475, $490, $500. Ethereum managed to surge higher from the resistance at $462.50 (bearish .886 Fib) yesterday as it pushed into the $475 resistance provided by the September High-Day closing price. Unfortunately, the coin was unable to continue further above $475 and has since dropped to the $460 level. Despite today’s healthy price drop, Ethereum is...

The bitcoin price is still on the rise. The world’s number one cryptocurrency by market cap has just hit the $16,000 mark for the first time since January of 2018. It is now less than $4,000 away from its all-time high, which it attained in December of 2017.Bitcoin Strikes Its Largest Territory in YearsThe year has been very up and down for the currency, and yet for the most part, the asset has seen one of its strongest periods. It was back in March when the asset first fell from around...

The largest bank in Belarus – the ASB Belarusbank – has reportedly launched a legal service enabling customers from the country and Russia to purchase cryptocurrencies. Users will be able to exchange digital assets for Belarusian and Russian rubles, US dollars, and euros directly with their Visa payment cards. Belarusbank To Allow Crypto Purchases According to the Prime Press coverage, the largest bank in Belarus by volume of equity, assets, loans, and deposits has partnered...

The famous hip hop artist Akon has announced that the digital asset Akoin has been listed on Bittrex, and trading has started earlier this week.  Akon and Akoin’s co-founder and president Jon Karas called the addition a “major milestone” in a recent livestream. The rapper believes that more exchange will follow the example set by Bittrex soon. He noted that Akoin aims to revolutionize the global payment network and especially in underdeveloped countries in Africa.  During the...

After marking a new yearly high of $16,500, BTC now seems to be retracing. The cryptocurrency dropped to as low as $15,750 and recovered to where it’s currently trading at $15,880. Most altcoins are following suit. The Correction Begins? There’s a saying for traders that goes – ‘what goes up, must come down.’ In other words, it’s completely typical and healthy market behavior for prices to correct. This gives buyers the opportunity to consolidate and continue accumulating....

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