Crypto news

The U.S. has seized roughly $2 million in bitcoin units said to be used for funding terrorist groups such as Al Qaeda, ISIS and others.Terrorist Groups Are Stopped Ahead of TimeOne of the big worries centered on bitcoin is its use in criminal circles. News has emerged that bitcoin is still widely popular on dark web markets, and the currency is frequently the subject of hackers and cyber thieves. Among the most recent – and most prominent – cases as of late are a Twitter BTC hack that saw...

This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector.Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t mean that there was no volatility.On Monday, BTC briefly broke for the second time above $12,100, causing serious enthusiasm in the community. Over the next few...

Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...

Bitcoin (BTC)Bitcoin is more or less around the price it was traded a week ago, but this comes after a raging week as the coin plunged to a weekly low around $11,100.Shortly before, Bitcoin made another push towards the current high at $12,100 (1.272 Fib Extension), for the second time in 10 days. Unfortunately, BTC was unable to sustain this high.Just one day after, Bitcoin lost almost $1000, however quickly recovered to the support level around $11,400 (.236 Fib Retracement and prior high)....

StormX, the blockchain-based rewards platform that helps users earn crypto, has scored a significant coup by onboarding retailing giant Walmart.Having already sealed deals with the likes of Microsoft, Nike, Adidas, eBay, Target, Dell, and Samsung, StormX is taking things up a notch by enabling 4% ‘Cryptoback’ on all Walmart purchases. In fact, shoppers can earn as much as 14% if they reach Super-user tier on the app.Consumer Thirst for CryptobackBased in Seattle, U.S., StormX launched its...

The United States has finally joined the bandwagon of countries testing a central bank digital currency (CBDC), Thursday reports revealed.Governor Lael Brainard said during a virtual technology event yesterday that the US Federal Reserve, in collaboration with research teams from Boston Fed and Massachusetts Institute of Technology (MIT), is conducting experiments with a hypothetical digital currency.According to Brainard, both institutions have been researching blockchain technology for...

Dave Portnoy has bought $200,000 in bitcoin and $50,000 in chainlink in a video with the Winklevoss twins. Portnoy bought the crypto despite understanding almost nothing about Bitcoin. The video also sees the trader plan his own “DaveCoin,” and accept the idea that Elon Musk will soon crash gold by mining it on asteroids. Dave Portnoy has bought crypto in a bizarre “crash course” video with the Winklevoss twins. Posted to Twitter, the clip shows the trader trying — and...

One of the more popular protocols in the DeFi space, Curve Finance, saw its CRV token deployed by an anonymous developer who appears to have front-run their efforts.The team has confirmed the legitimacy of the deployment and its further adoption. Shortly after, some of the major exchanges, Binance and Poloniex, announced their support for trading the token.Curve Finance (CRV) Token DeploymentThings happen fast in the cryptocurrency industry and even quicker in the booming DeFi space. Earlier...

Bitcoin derivatives exchange surprised its users today by asking them to comply with a mandatory ID verification procedure.The 6-month long process will continue until February 12th, 2021. BitMEX will start this ‘User Verification Programme’ on August 28 at 00:00 UTC.BitMEX Asks Users To ‘KYC’In a blog post published today, the prominent bitcoin and cryptocurrency futures trading platform announced a 6-month long mandatory KYC process. According to BitMEX, this will help the exchange...

Bitcoin cash price is holding ground above the main $270 breakdown support against the US Dollar.The price is currently testing the $292 resistance zone and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase if it clears $300 and $310 in the near term.Bitcoin cash price is slowly rising towards the $300 barrier...