Crypto news

Bitcoin has done it. The currency that pretty much the entire world has grown to love and fawn over has jumped past the $15,000 mark, thereby bringing forth a prediction that many analysts thought wouldn’t come true until the end of the year.Bitcoin Has Grown to Great HeightsBitcoin is showing itself to be stronger and more resilient than ever. The currency was originally slated by several analysts and industry experts to hit the $15K mark once we were ready to say goodbye to 2020. However,...

ETH/USD – Ethereum Forms Rising Price Channel Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Last week, Ethereum surged from a low of $380 to break above $400 and reach as high as $470 yesterday. Unfortunately, the buyers met resistance at the upper boundary of a rising price channel that spans over the last two months and fell lower from here yesterday. During the drop, Ethereum found support at $425 and rebounded higher to reach $445 today...

Bitcoin bulls have managed to regain some of the lost ground from the heavy 10% correction that took place between Friday and Saturday, November 6-7. The crash coincided with BTC failing to break above the psychological $16,000 – a level not seen January 8, 2018 – and the heated 2020 US Presidential election drawing to a close. Looking at the following 4-hour chart, we can see that a very subtle divergence on the RSI (red lines) showed the surging uptrend was weakening and...

The official election of Joe Biden as the 46th US President resulted in a sharp nosedive for Bitcoin and the rest of the cryptocurrency market. While BTC dumped to a low of $14,350 at its Saturday’s lowest, the total market cap lost nearly $30 billion at one point yesterday. Biden’s Election Drove BTC Down? The past week has been quite impressive for Bitcoin. The primary cryptocurrency entered the election day on November 3rd at about $13,300. The uncertainty that followed...

Law enforcement officials from both the United States and Brazil have seized more than $20 million in crypto funds from an online scam that is alleged to have defrauded thousands of investors. The joint project between both nations went under the name Operation Egypto, and a primary suspect is now in custody and awaiting further legal action.Brazil and the U.S. Recover More Than $20 MillionThe man allegedly in charge of the scam is known as Marcos Antonio Fagundes, who is now being charged...

The uncertainty seems to have come to an end: Biden is the new president of the United States after winning the decisive electoral votes of Georgia and Pennsylvania. At this moment, Biden has 290 votes out of the 270 needed to win the presidency, while Trump has only 214. And with only 34 votes in dispute, the chapter is practically closed. Biden vs Trump 2020 electionsBitcoin’s Sell The News In Reaction to Biden Winning The new president was quick to change his Twitter bio...

Is bitcoin coming to the U.S. Senate? That’s how it looks in Wyoming after the state has elected a Republican cryptocurrency holder and digital currency advocate to office. Cynthia Lummis is a crypto owner that was recently elected to the Senate to represent Wyoming. Many expect that she will now push for newfound bitcoin and crypto regulation to protect digital trading in America.Wyoming Is Growing as a Crypto HavenMany a time have bitcoin and digital currencies been brought up in...

Startups have taken note of the growing interest in cryptocurrencies, seizing the opportunity to position themselves in the market and Crypto ATM manufacturers are expanding more than ever. According to figures from the metrics website Coin ATM Radar, so far in 2020, there has been a growth of more than 80% in the deployment of new crypto ATMs. This is almost 3 times the amount reported at the beginning of 2019. Crypto ATMs Spread All Over The World The world welcomed 2020...

The price of bitcoin has shot up to $14,900, the highest it’s been in a long time. This is a nine percent spike in the price over the past two days.Bitcoin Is At Its Highest Point This YearThe jump occurs during the U.S. presidential election, which is still heavily underway. Lots of additional counting is taking place in key battleground states, while some areas – such as Arizona – despite being called earlier in the race, are now again up for grabs as gaps tighten.During all this time, both...

The French multinational giant will be integrating Blockchain and Big Data technologies for the company’s digital transformation. The defense and aeronautics enterprise will also use novice technology to comply with NATO standards. A Step Towards Digital Transformation As per a recent report, Thales will be integrating Big Data and blockchain in a new management system, which will lead to the digital transformation of the headquarters’ Production and Maintenance center. The...