Crypto news

Cryptocurrency is coming to the big screen. Academy Award-winning actress Kate Winslet – who won the Oscar for her portrayal of a Nazi soldier in hiding in 2008’s “The Reader – has announced her plans to star in and produce a film about One Coin, the crypto Ponzi scheme founded in 2014.Kate Winslet Is Bringing Crypto to American TheatersEntitled “Fake!” the movie is based on an upcoming book set to be released by Jen McAdam and Douglas Thompson. The book tells the story of McAdam’s...

Mobile crypto wallet BRD has announced that it’s garnered roughly six million customers over the past five years, reaching a new record.BRD Users Have Exploded In Two Big RegionsExecutives claim that the companies biggest client bases are now in Latin American countries and in India, which presents two contrasting issues facing the crypto world. On the one hand, Latin America has been a growing base for cryptocurrency representation and usage. Cryptocurrencies such as Dash and bitcoin have...

Former Facebook executive Chamath Palihapitiya says that bitcoin is the only insurance policy available today against inflation and other economic strife.Palihapitiya: We All Need Some BitcoinIn a recent interview, Palihapitiya commented that while many bitcoin advocates are struggling to understand who is better for the economy in this coming election – either Trump or Biden – he says that neither candidate will do well for the U.S. dollar. In a classic prediction of gloom and doom, he...

Bitcoin price is soaring right now as the US legacy market opens up to begin the new week. Just hours ago, the leading cryptocurrency had completed a bearish Bart Simpson pattern after crashing down to $11,175 following an extended period of sideways chop. It was looking as though the asset was about to head down to the 0.5 Fibonacci level at $11,150, but new bullish momentum from the American trading session has helped drive BTC back above $11,500. With this, Bitcoin charted...

BNB/USD – Buyers Push BNB Back Above $30.Key Support Levels: $27.17, $26, $24.90.Key Resistance Levels: $30, $31.30, $32.60.Binance Coin has been performing extremely well since it bounced from the support at $23 in late-September. So far, the coin has increased by a total of 35% since then as it hits the $30.72 resistance level today – provided by a long-term 1.414 Fib Extension level.The price surge today allowed BNB to create a fresh October high above $30 after the exchange announced the...

ETH/USD – Bulls Continue Further On The Road To $400.Key Support Levels: $378, $364, $350.Key Resistance Levels:$392, $400, $410.Last week, Ethereum broke above a symmetrical triangle consolidation pattern and started to push higher over the weekend. It managed to climb above the 2019 high at $364 as it ran into resistance at a bearish .382 Fib Retracement at around $378 yesterday.Today, Ethereum continued to surge higher by a total of 5%. This allowed the coin to break above the $378...

The leading digital currency asset management company Grayscale Investments announced that its Ethereum Trust will report directly to the US Securities and Exchange Commission (SEC).Grayscale filed a Form 10 with the SEC a few months ago on behalf of the Ethereum Trust to become the second company product designated as a digital currency investment vehicle reporting to the Commission. The other product is the Grayscale Bitcoin Trust. The announcement from today reads that following the...

Google trends data suggests that the worldwide interest in DeFi has been continuously declining since early September. Although the TVL remains high, the question arises if the decreasing interest has something to do with the growing number of screw-ups in the field.DeFi Interest Drops?The start of the new century brought a new trend in the cryptocurrency industry – decentralized finance. Although it’s not a 2020 invention, DeFi exploded in popularity approximately when the COVID-19 pandemic...

Bitcoins worth more than $11 million was moved in a single transaction yesterday, October 11th. Data from on-chain analytics providers reveals that the huge amount has been sitting idle for the past 10 years as this was the first time it was moved.Another Stack of Satoshi-era BTC Transferred YesterdayIt appears that the transactions of bitcoins mined during the days when Satoshi Nakamoto, the network’s pseudonymous creator, was active, are increasing.Yesterday, October 11th, there was a...

100x Group, the organization that owns and operates the popular Bitcoin derivatives platform BitMEX, has appointed a new Chief Compliance Officer – Malcolm Wright.According to the official announcement, Wright will lead the company’s compliance efforts globally. He will assist with BitMEX’s goal to complete its User Verification Programme and to “further enhance our compliance function.”Wright has a 30-year experience in compliance and anti-money laundering (AML) and currently sits on...