Crypto news

Tron price started a strong rise above the $0.0300 resistance zone against the US Dollar.TRX price traded as high as $0.0373 and it is currently consolidating gains.There is a major bullish trend line forming with support near $0.0315 on the 4-hours chart (data feed via Bitfinex).The pair could correct a few points, but dips are likely to remain bid near $0.0340 or $0.0315.TRON price is trading in a strong uptrend well above $0.0340 against the US Dollar, while bitcoin is struggling near...

Named after the fermented Korean dish, Kimchi is a fork of the wildly popular SushiSwap protocol that was forked from Uniswap late last week. Launched on Tuesday, September 1, Kimchi has already accrued almost $250,000 in liquidity in less than 24 hours, according to its dashboard.In the first few hours after its launch, the protocol offered APYs upward of 120,000% on the KIMCHI/TEND pool, and more than 70,000% on the other KIMCHI pools. Even though these numbers have since decreased, they...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 961. Im heutigen Video geht’s um folgende Themen: Cardano will DeFi erobern mit Stablecoin, Paralelní Polis – Treffen der Hacker-Szene in Prag im Oktober & Hat CipherTrace Monero geknackt? 1.) Cardano will DeFi erobern mit Stablecoin der besser werden soll als MakerDAOhttps://cryptomonday.de/cardano-will-defi-erobern-mit-stablecoin-der-besser-werden-soll-als-makerdao/ 2.) Das große Treffen der Hacker-Szene in...

Bitcoin price is trading nicely above the $11,600 and $11,800 support levels.The price traded as high as $12,086 and it is now well above the 55 SMA (H4).There is a major bullish trend line forming with support near $11,820 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair is likely to continue higher above $12,000 as long as the $11,600 support is intact.Bitcoin price is currently trading in a bullish zone above $11,600 against the US Dollar. BTC could accelerate...

Huobi Futures – a crypto derivatives market of Huobi Group – is unveiling new bitcoin options trading, which will go live today on September 1.Huobi Opens BTC Options Trading for BusinessHuobi has been on a roll in 2020 during a time when most companies are likely suffering and taking on debt thanks to the growing coronavirus pandemic. Earlier this year, the company released a program known as Huobi Futures’ Perpetual Swaps as a means of giving traders a larger chance to hedge their wealth...

No doubt about it… The DeFi (decentralized finance) space is growing like there’s no tomorrow. One of the biggest coins within the arena to be expanding lately is known as yearn finance (YFI). Thus far, the coin is up more than 3,500 percent since last month.YFI Has Surged in Recent WeeksWhile everyone wants to make such a big deal out of bitcoin this year – the currency is presently up more than 40 percent since the beginning of 2020 – this is nothing compared with YFI, which has also put...

Framework Labs, which is associated with the investment firm Framework Ventures, has recently socked away roughly $8 million thanks a new seed funding round led by some of the biggest names in the industry. Among the companies to take part in the funding round are Station 13.Framework Labs Is Taking DeFi to a New LevelAs a branch of Framework Ventures, Framework Labs is operated by Michael Anderson and Vance Spencer. The company is seeking to increase investors’ knowledge of the DeFi...

A joint venture between the British multinational investment bank HSBC, Singapore Exchange (SGX), and state-owned investment company Temasek has completed its first digital bond issuance of $300 million worth of corporate bonds on SGX’s digital asset platform by employing blockchain technology.$300M Of Corporate Bonds Replicated Digitally With DLTThe collaboration between the three entities, which began in 2019, has provided the first successful usage of SGX’s digital asset issuance,...

XRP climbed by a small 3% this week as it reached the $0.29 level.Toward the end of last week, the coin bounced higher from the .382 support at $0.264.Against Bitcoin, XRP penetrated above a falling trend line.XRP/USD – Bulls Bounced from .382 Fib SupportKey Support Levels: $0.28, $0.264, $0.256.Key Resistance Levels: $0.3, $0.313, $0.321.Since the start of August, XRP has mostly been trading within a falling price channel. Over the past fortnight, the coin had dropped beneath $0.3 and...

The three-year-long class-action lawsuit against Tezos for supposedly violating securities laws in the US with its 2017 ICO has come to an end after Judge Richard G. Seeborg approved the $25 million settlement offer brought by Tezos earlier this year.Lawsuit Targeting Tezos: The BackstoryThe company had little time to celebrate its successful initial coin offering (ICO) in 2017 when Tezos raised over $230 million as a Boston-based law firm called Block & Leviton filed a class-action...