Crypto news

Yet another major company has jumped on the Bitcoin bandwagon by purchasing 10,000 BTC and putting it to use as its primary treasury reserve asset.According to an official press release, the $13 billion asset manager scooped up the BTC through its subsidiary called New York Digital Investment Group (NYDIG).Speaking on the matter was Robert Gutmann, Co-Founder and CEO of NYDIG, who said that “As Bitcoin transitions to a predominantly institutionally-owned asset, NYDIG is better positioned than...

The Scottish trading platform SIGEN.pro announced the listing of the TON Crystal (TON) — the cryptocurrency of the Free TON that is based on the legendary Telegram Open Network blockchainThe Free TON project uses the open code of Pavel Durov’s Telegram Open Network which was not launched due to the SEC’s litigation. The Free TON Network has been already supported by over 7000 companies and individuals, including the TON Labs developers.The Scottish platform SIGEN.pro became one of the first...

Popular bitcoin commentator Lark Davis, who goes by the name of ‘TheCryptoLark” on Twitter, just shared a BTC trend chart that has ‘bullish’ written all over it.Lark says that the top cryptocurrency is on the cusp of crossing the 50-day moving average, and every time it happened in the past, BTC rallied 42 percent on average. If history repeats, bitcoin could be trading st $15,500 by late-November. Will it happen?If History Repeats, Bitcoin Price Could Zoom 42 PercentIn his latest tweet,...

At the time of writing, the price of bitcoin is up another $200. The currency is now trading for over $11,500, marking the coin’s highest peak in well over a month.Bitcoin Has Reached a New HighThe currency is recovering from a rather lackluster September that saw the asset lose roughly $2,000 off its price. Bitcoin hit the mid-$12,000 range in late August, though by the time the new month began, the currency had fallen to about $10,100. The asset hovered here for some time, eventually...

Token Economy: Schweizer Start-Up mit dem ersten Blockchain-Brettspiel Das Jungunternehmen „bots don’t cry“ hat das erste Brettspiel erfunden, welches das Thema Finaznen und Blockchain auf eine spielerische Art vermittelt. Dabei herausgekommen ist «Token Economy». Finanzthemen begleiten jeden von uns ein Leben lang, geniessen aus den unterschiedlichsten Gründen aber nicht...

Die chinesische Stadt Shenzhen verschenkt zehn Millionen Yuan. Umgerechnet entspricht das etwa 1.5 Millionen Dollar oder 1.27 Millionen Euro. 50’000 Personen erhalten kostenlose Yuan Wie die Regierung von Shenzhen vor wenigen Tagen ankündigte, werde die neue digitale Währung Yuan in den kommenden Tagen kostenlos ausgeschüttet. Im Rahmen einer einmaligen Aktion wurden daraufhin zehn Millionen RMB an die Bürger der Stadt Shenzhen verschenkt. Insgesamt wurden bis vergangenen...

In a suddenly galvanizing rally, Bitcoin’s price shot to the $11,700 mark last night.  Open interest has soared and is now at a 1-month high. Bitcoin traders are opening long positions and this trend was pointed by Willy Woo as well.At $4.3 Billion, Bitcoin Futures Open Interest Tops 1 Month HighAlso, a noticeable trend is a rise in aggregated open interest (OI) on different bitcoin futures trading platforms. Yesterday the figure touched a one-month high of $4.3 billion as per Skew.Bitcoin...

XRP/USD – Bulls Attempting To Breakout From Consolidation PatternKey Support Levels: $0.25, $0.244, $0.24.Key Resistance Levels: $0.261, $0.271, $0.28.At the start of October, XRP bounced from the lower boundary of a short term symmetrical triangle pattern at around $0.23. From there, the buyers pushed higher but initially struggled with the resistance at $0.251 (bearish .382 Fib).This aforementioned resistance fell over the past week as the bulls continued to break above the triangle today....

[Press Release] TEL AVIV, Israel, (October 13, 2020): MarketAcross, a world leader in blockchain public relations and marketing services, is pleased to announce the launch of Chainwire, an automated press release distribution service which provides guaranteed coverage and in-depth reports. Chainwire will be a one-stop-shop for the distribution of press releases in the cryptocurrency and blockchain sector. The launch marks the first time that advertisers can reach leading publications in the...

[PRESS RELEASE – Please Read Disclaimer]The last few months have been entirely about Decentralized Finance (DeFi). It’s no secret that Uniswap’s decentralized swap protocol and automated market maker surged in popularity. To some extent, one of the tokens that helped the most was Yearn Finance’s YFI.What was initially intended as a valueless governance token quickly surged to an all-time high of around $44,000, grabbing the entire community’s attention and strengthening the DeFi narrative....