Crypto news

Following new sanctions by the United States Treasury Department earlier this week, Iran now hopes to use Bitcoin for cross-border settlements, local media reported Thursday. The Iranian government amended its crypto regulations so that miners can redirect cryptocurrencies to Iran’s finance mechanism for international trades as the country’s fiat currency continues to suffer from both the US sanctions and the coronavirus pandemic. Iran Wants Only Legally Mined BTC The amended...

Bitcoin is gaining serious strength in other countries. The asset is not just a speculative currency, but a tool to potentially fund change and empower those who do not have access to traditional funding services, as people have seen in areas like Nigeria.Nigeria Is Getting a Taste of What Bitcoin Can DoThe country is home to the #EndSARS movement, which is aimed at preventing police brutality. As the movement got larger over the years, it became clear that simply talking about it on Twitter...

Well, bitcoin has once again impressed traders and exhibited a level of resilience that nobody ever expected. Following a sudden drop into the high $12,000 range, the currency has shot back up above $13K, but now, the asset has reached an even higher point on the financial ladder. At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is trading for over $13,400, the highest it’s been since early 2018.The Strength of Bitcoin Gains New GroundThe last several...

Passend zum neuen Jahreshoch des BTC melden sich auch wieder populäre Kritiker des Bitcoin. Einer der lautesten: Peter Schiff. Schiff ist in der Vergangenheit immer wieder als Gegner des Crypto-Marktes in Erscheinung getreten. Und er sparte auch jüngst nicht mit seiner Kritik. Bitcoin News: Peter Schiff bezeichnet Bitcoin als größte Blase, die er je gesehen hatAls Blase hatte Schiff Bitcoin bereits mehrfach bezeichnet, nun versucht er es allerdings zum ersten Mal mit einem Superlativ und...

XRP/USD – Bulls Battling To Defend 100-days EMA Key Support Levels: $0.24, $0.23, $0.228.Key Resistance Levels: $0.251, $0.261, $0.271. XRP struggled to break a falling resistance trend line at the start of the week – close to $0.26. As a result, the coin started to decline in the past few days. Although it has spiked lower, the buyers have defended the 100-days EMA at the closing price every day this week. The previous triangle has been re-adjusted for the continued sideways...

Deepak Chopra’s name is synonymous with meditation, mindfulness, and healing through healthy living. And according to the latest update, the world-renowned author and thought-leader is considering buying bitcoin. Mr. Chopra is also about to launch ‘Love in Action,’ his own blockchain-based token. Deepak Chopra Officially Enters The Blockchain Space It is important to note that Mr.Chopra had already stoked the ire of Ethereum bigwigs more than 2 years ago for being announced...

The popular cryptocurrency lending service Cred has announced that it has temporarily suspended all funds inflows and outflows. Without disclosing many details, the platform said it’s cooperating with law enforcement authorities to investigate an incident. Cred Suspends Deposits And Withdrawals The United States-based crypto lending platform, which recently announced joining Visa’s fast track program, updated its customers on Twitter regarding the latest troubling...

Cryptocurrencies have risen in popularity at an exponential rate over the past few years, and while it’s somewhat romanticized by many because of their disconnection between banks and institutions, traders and investors are increasingly wanting the security of having regulatory protection when trading cryptos. As a regulated CFD broker, we’re able to offer them access to crypto markets via our crypto CFD products. We’ve seen a number of crypto exchanges hacked over the past several years with...

Fidelity Digital Asset Services (FDAS) has partnered with Stack Funds to enable Asian investors to purchase and store cryptocurrency assets more freely and securely.  Based in Singapore, Stack Funds is a regulated fund manager focusing on Bitcoin and other digital assets. According to the Bloomberg report, Stack Funds will make Fidelity’s secure custody services available to its clients, primarily based in Asia. The company outlined that the Asian market has been continuously...

Binance is the world’s largest cryptocurrency exchange by means of daily trading volumes. In the few short years since its launch, the venue went on to become a leading company in the industry. In fact, launching coins up for trade on the exchange has created the so-called “Binance Effect.” In short, when a cryptocurrency is selected and launched for trading on the platform, its price usually undergoes a substantial surge. Now, the CEO of Binance, Changpeng Zhao, has hinted...