Crypto news

Cryptocurrency is a growing medium of finance, but according to many analysts, the lagging tax regulations is a serious problem for the arena worldwide, and they are convinced that so long as regulations continue to lag, the crypto space will never reach mainstream or legitimate status.Regulations May Not Be as Important as We ThoughtFor years, people have been talking about the lack of regulation and clarification regarding tax data for cryptocurrencies. What constitutes a transaction? What...

It looks like the idea that bitcoin is a “safe haven” of sorts has been challenged this weekend. News of Donald Trump and his hospitalization due to the coronavirus infection has brought an end to the electric surge stocks were experiencing, and as a result, bitcoin is also showing signs of weakness, suggesting that the correlation between the S&P 500 and bitcoin is still there and as strong as ever.News Regarding Trump Brings Down Stocks… and BTCFor the longest time, many industry...

Trump may not like crypto, but the crypto-verse sure doesn’t miss a chance to mess with him. As proof that anything can be tokenized – no matter how trivial or influential – a derivative has just appeared on Uniswap to track the President’s health: Please welcome the Trump Health Index (THI).Little is known about this “project” beyond its name and evolution (and, of course, its smart contract). For purists, it should be an index that goes up when the market has a positive perception of the...

BNB/USD – Bulls Head Back Toward October HighsKey Support Levels: $27.17, $26, $25.Key Resistance Levels: $30, $31, $32.5.In the last week of September, Binance Coin dropped into the support at $23 and rebounded to reach as high as $29.30 by the end of the month. As October started, BNB headed lower from this resistance but managed to find strong support at the $26 level. A .5 Fib Retracement further bolstered this level at the $25.77 mark.BNB bounced from $26 over the past couple of days and...

Polkadot-Netzwerk Durch die immer weiter voran schreitende Technologie steht aktuell eine neue Blockchain Generation vor dem Durchbruch. Es handelt sich um das sogenannte Polkadot-Netzwerk, welches eine Lösung für die meisten Probleme eines gewöhnlichen Blockchains parat hat. Dabei wird ein neues Ökosystem generiert, welches vor allem vom KILT Protocol beeinflusst wird. Vor-...

Grammy award-winning music creator André Anjos is the latest artist to tap into the cryptocurrency space. Better known by his stage name RAC, Anjos has launched a new Ethereum based community token for artists.The token is also named RAC. With it, the music producer intends to free artists and content creators from the clutches of large-scale corporations that stifle their financial freedom.RAC Gives Back To The Community With Ethereum Based $RACIn the RAC token issuing platform Zora’s latest...

Ethereum fees are recovering from the devastation caused by the DeFi. After reaching record highs during September 2020, the network seems to have achieved a calm moment during October’s first days.Currently, the average transaction fee is slightly above $2, according to Bitinfocharts. This milestone represents a drop of more than 80% from the peak reached on September 2, 2020.Average Ethereum Transaction Fee. Source: BitinfochartsAfter spiking to record levels, the network returned to...

Bitcoin has stayed in a relatively tight range between $10,500 and $10,600.Most large-cap altcoins performed similarly, except for Binance Coin. After a 9% increase for the week, BNB now occupies the 5th spot in terms of total market cap.Bitcoin Remains In A Tight RangeFollowing the recent price declines from Friday and early Saturday, Bitcoin calmed down. Since yesterday, BTC dipped to a low of around $10,500 and jumped towards the intraday high of $10,600.In the past 24 hours, BTC has...

For the past month, BTC’s volatility had decreased compared to the previous months. The primary cryptocurrency had mainly traded inside a $1K range between $10,000 and $11,000. Over the past week, Bitcoin reached the upper boundary of that range at $11K; however, the news coming from BitMEX charged by CFTC, along with President Trump’s hospitalization, sent Bitcoin to $10.4K last Thursday, which marked the weekly lowest price. So far, this weekend had been slightly positive,...

Many analysts and industry experts are predicting that bitcoin will likely fall back into the low $10,000 range following its recent drop of nearly $200.Bitcoin Keeps Heading SouthAs it stands, the currency has failed over and over this week to reach the $11,000 mark. The currency has been struggling to reach this peak over the past 14 days and wants to repeatedly waver between $10,500 and $10,800. Today’s drop to around $10,536 is nearly $200 less than where it stood just 24 hours ago, and...