Crypto news

Litecoin price started a downside correction after testing the $65.00 resistance against the US Dollar.LTC price is currently testing the $58.00 support and the 55 simple moving average (4-hours).There is a key contracting triangle forming with resistance near $60.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to resume its rise if it clears the $60.00 resistance level in the near term.Litecoin price is correcting gains and trading near $58.00 against...

Bitcoin re-tapped its highest price since January 2018 a few hours ago as it came within a whisker of $16,000. For the second time this month, that price level proved to be too much resistance and the asset has fallen back to $15,750 at the time of writing. The bullish momentum over the past month has kept Bitcoin well within the parameters of analyst ‘PlanB’s’ stock-to-flow model. Stock-to-Flow on Target The stock-to-flow (S2F) model was initially published in March 2019,...

Is bitcoin about to fall behind? This is a question that’s making its way through many analysts’ heads given that over the past several days, bitcoin has hovered in one spot.Bitcoin May Be Encountering a Few BarricadesThe currency is presently trading for around $15,365, which is in the middle of the range it’s been traversing over the past week. Many analysts believed that if bitcoin was retaining its previous momentum, it would have likely hit $16,000 by now, though that isn’t necessarily...

Brad Garlinghouse believes that bitcoin holding companies will soon be affected by new policies from the Biden-led administration. Bitcoin Will be Subject to Climate Change Management Policies According to a tweet on Monday (November 9, 2020), Ripple CEO Brad Garlinghouse has envisaged that Bitcoin holding companies might come under scrutiny once the Biden admin begins to carry out its climate change management policies. Ripple’s head said firms that are hodlers of the...

India is looking to potentially set up cryptocurrency-based banks within its borders. This creates a rather interesting scenario in that the country cannot seem to decide if it wants to ban crypto transactions for the future, though until that decision is made, it’s going to cash in on everything crypto has to offer.Will India Have a Ban or Won’t It?Recently, the ban that was in place in India – one that prevented banks from working with crypto-based businesses and applications – was deemed...

Bitcoin continues its positive price development as it just managed to take yet another coveted milestone – the $16,000 mark. With this most recent increase, bitcoin’s price has increased by as much as 325% from the lows that it encountered back in March 2020 as the COVID19 pandemic was announced. It’s worth noting that this is another yearly high. It’s also interesting to see how high can Bitcoin go during its current bull run. At the time of this writing, we are only 25%...

2020 has been a major year for fraudulent activity involving cryptocurrency, and now comes a new case to be added to the record books. As Seminole County Tax Collector, Joel Greenberg is accused of misusing taxpayer funds to purchase crypto servers and a whole lot of other items for himself.Greenberg Is Now Facing the MusicWe see this all the time with projects such as initial coin offerings (ICOs) and similar ventures. The people in charge decide that they’re going to charge a certain amount...

Im September ist es wieder einmal passiert: Eine der grossen Bitcoin-Börsen wurde gehackt. 150 Millionen US-Dollar gestohlen und zwar von KuCoin. Aber nun nimmt die Geshichte eine gute Wendung: Wie die Gründer von KuCoin heute bekannt geben, konnten Bitcoin-Analysten Coins zurückholen. Zum damaligen Zeitpunkt stahl der Hacker 79.956 BTC. Nun konnten diese Coins auf der Blockchain verfolgt werden und...

Over a month after being hacked and drained for nearly $300 million worth of various cryptocurrencies, the popular exchange KuCoin has recovered 84% of all funds. The company’s CEO also indicated that they will resume full service for all tokens by November 22nd. KuCoin Recovers 84% Of All Stolen Funds As CryptoPotato reported in late September, the cryptocurrency exchange KuCoin experienced a “security incident,” which resulted in the loss of millions of dollars worth of...

Kraken released it’s August Bitcoin Volatility Report 2 months ago. Then the cryptocurrency exchange sounded supremely confident about BTC registering higher highs as the year ends. In its October version of the same report, Kraken has maintained its bullish stance. November will see bitcoin log much higher price and volatility rallies. Also, BTC might as well be on the way to reclaiming the previous all-time high of $20,000. Bitcoin Price And Volatility To Climb In November...