Crypto news

Right when volatility proves itself to be a recurring issue, a company like Babel Finance shows its face to let everyone know they don’t have much to worry about.Babel Finance Makes It Easier for Blockchain Firms to Get FinancingThe volatility of bitcoin and the cryptocurrency space continues to make people nonbelievers when it comes to the power and benefits of digital currencies. As it stands, bitcoin is currently going through a very rough period of volatility having slipped roughly $2,000...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 976. Im heutigen Video geht’s um folgende Themen: Erster Bitcoin ETF erhält Zulassung, Rollenspiel treibt Litecoin (LTC)-Transaktionsvolumen nach oben & Dark Overlord verhaftet. 1.) Paukenschlag: Erster Bitcoin ETF erhält Zulassunghttps://www.btc-echo.de/paukenschlag-erster-bitcoin-etf-erhaelt-zulassung/ 2.) Rollenspiel treibt Litecoin (LTC)-Transaktionsvolumen nach...

Despite the growing DeFi craze in the past few months, a recent survey compiled by CoinGecko revealed that just 23% participate actively in some form of yield farming. However, many of the farmers answered that they don’t know how to read smart contracts but were enjoying high ROIs.Yield Farming Is A Growing TrendThis year can be safely categorized as the decentralized finance (DeFi) boom. The rapid explosion of its popularity could be attributed to some extent to yield farming – the process...

Richard Ells is the CEO of Electroneum, a cryptocurrency app for smartphones that allegedly offers one of the fastest payment options out there. He’s also created a cryptocurrency known as ETN that he says is used by hundreds of thousands of people around the world to garner access to basic financial services.Richard Ells: Crypto Is Better Than It LooksHe says that one of the things that bothers him most nowadays is how the cryptocurrency space is widely depicted in a negative light by the...

European Central Bank President Christine Lagarde reiterated the Eurozone central bank’s stance that the development of a digital euro is meant to complement, not replace, cash — mitigating fears that Europe’s monetary union is not pushing for a cashless society.The further solidifying of this stance from Lagarde came via yesterday’s online meeting of the Franco-German Parliamentary Assembly, during which the French politician and lawyer stated:We need to fully reap the potential gains from...

San Francisco-based cryptocurrency exchange Kraken – arguably one of the largest and most prominent cryptocurrency trading platforms in the western hemisphere – has announced it’s been given the green light to establish its own bank.Kraken Is Opening Its Own BankThis is a unique step forward in the sense that banks and crypto are often complete opposites. Typically, banks are centralized financial institutions that have power over not only who they service, but what services those customers...

Bitcoin has returned into its former range between the 0.236 Fibonacci level at $10,446 and $10,000 after prices crashed a further 3% yesterday, around 15:00 (UTC+1). This was the level that took over nine days to successfully clear earlier in the month and could keep prices suppressed again if volume remains low. On the 4-hour timeframe, we can also see long wicks above the last four candles, which suggest bears are defending this strong resistance level vehemently. The...

Well, it looks like we may have spoken too soon when it comes to bitcoin. We were all so sure that the $11,000 price it just reached roughly 48 hours ago would stick around this time, but it looks like that’s not the case. Volatility is coming back, and we’re witnessing it today as bitcoin has dropped roughly $600 to $10,400 at press time.Bitcoin Drops into the Low $10K RangeThis is a rough time for bitcoin considering how up and down it’s been over the past several weeks. The currency has...

A UK national has pled guilty and will be sent to prison for his involvement in the notorious hacker’s group “The Dark Overlord.” The organization breached and stole sensitive information from numerous companies and demanded the ransoms to be paid in Bitcoin.The Dark Overlord Member ImprisonedThe US Department of Justice announced yesterday that Nathan Wyatt, 39, has pled guilty to conspiring to commit aggravated identity theft and computer fraud. Consequently, he received a sentence to five...

Chainlink has now dropped by a total of 27% over the past week as it crashes beneath $9.00 today.The coin is trading at support at the July high-day closing price as the bulls attempt to stall the downtrend.Against Bitcoin, LINK has fallen into the support at the .618 Fib Retracement at 0.000826 BTC.LINK/USD – Bearish Momentum Reaches Oversold ConditionsKey Support Levels: $8.67, $8.05, $7.66.Key Resistance Levels: $9, $10, $10.40.Five days ago, LINK penetrated beneath crucial support at the...