Crypto news

Mode Global Holdings – a fintech company based in the United Kingdom – has announced that it will convert roughly ten percent of its cash holdings into bitcoin. By doing so, Mode will become the first publicly traded enterprise in the UK to do so.Mode Is Setting a New StandardAs time has gone by, more and more companies are showing interest in bitcoin and want to get their fingers on BTC units given that they believe the asset is far more stable than the US dollar or other forms of fiat due...

Bitcoin is on a serious roll as of late. The world’s number one cryptocurrency by market cap has been surging over the past few days, and it looks like the asset’s price is just getting bigger and bigger with each passing moment.Bitcoin Is Exploding As of LateJust yesterday, bitcoin moved well past the $12,000 mark and was trading for about $12,700, marking the highest point it’s reached in over a year. The last time bitcoin hit $12K was in late August, only then, the asset struggled to...

This week was particularly interesting in the cryptocurrency markets. Bitcoin’s price charted a new 2020 high, surging to as much as $13,217 on Binance. The entire market cap surged and gained almost $40 billion throughout the past seven days. The catalyst for this major move was PayPal. The world’s largest online payment processor announced that it would allow its customers to buy, sell, and store cryptocurrencies as soon as the next few weeks for US-based users. The rest of...

Bitcoin Bitcoin saw a very strong 13% price increase over the past seven days which allowed it to break above the $13,000 handle. At the start of October, Bitcoin managed to penetrate above a symmetrical triangle pattern which was the first sign that a bull run was about to form. After the breakout, it managed to push as high as $11,600 before stalling. Last Friday, Bitcoin was trading at around $11,200 as it rebounded and started to push higher. It quickly reached the...

Local government networks were the target of a recent ransomware attack in a county in the state of Georgia. The key voting infrastructure assault reportedly managed to affect “critical systems” within the network. The First Ransomware Attack For This Election Season According to a recent CNN news report, the attack on Georgia’s Hall County was disclosed on October 7, while the aftermath of the hit is starting to emerge now. As per the release “critical systems within the...

Der Schweizer Markt gehört zu den am schnellsten wachsenden Märkten von Revolut in Europa – zusammen mit Ländern wie Italien, Portugal, Irland, Rumänien und Polen. Fintech Revolut – will die Challenger Bank den Versicherungsmarkt revolutionieren? Die erfolgreichen Fintech-Banken wie Revolut und Transferwise sind bereits sehr innovativ auf dem Markt für digitale...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 998. Im heutigen Video geht’s um folgende Themen: Paypal Übernahme BitGo, Aktienunternehmen Mode Global setzt auf Bitcoin & Paxful 16 Millionen Dollar wöchentlicher Umsatz durch Gutscheine. 1.) Payment giant PayPal plans to acquire bitcoin custody platform BitGohttps://coinnounce.com/payment-giant-paypal-plans-to-acquire-bitcoin-custody-platform-bitgo/ 2.) Aktienunternehmen Mode Global setzt auf Bitcoin als...

Bitcoin cash price rallied and gained pace above the $250 and $265 resistance levels against the US Dollar.The price traded to a new monthly high at $275 and it is well above the 55 simple moving average (4-hours).There is likely a bullish continuation pattern forming with resistance near $272 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to resume its upward move if it clears the $272 and $275 resistance levels.Bitcoin cash price started a strong...

PayPal, the world’s largest online payment processor, is reportedly exploring acquisitions of cryptocurrency-oriented companies. Citing sources familiar with the matter, Bloomberg reports that this includes the popular Bitcoin custodian BitGo. The sources also revealed that PayPal has been in talks with BitGo, and it could potentially reach a deal “within weeks.” However, the negotiations could still “fall apart,” and, in this case, PayPal could choose to buy other...

Block.one and EOS are notable platforms for two reasons. The first is that they held a year-long coin offering between the summers of 2017 and 2018. The second reason? Because even though the Securities and Exchange Commission (SEC) went after the companies for hosting the token sale – which the SEC is typically known to do – both Block.one and EOS came out ahead and garnered a ruling in their favor. This is important given we’re now in a time when companies are known to fall apart the minute...