Crypto news

In Zeiten von COVID-19 drucken die Regierungen der Welt Geld als gäbe es kein Morgen. Die Inflation, die dadurch verursacht wird, hat die Kapitalflucht aus den Fiat-Währungen verschärft. Und es sieht so aus, als sei Bitcoin aktuell das Asset mit den besten Renditen.Bitcoin News: Bitcoin mit höherer Jahresperformance als Gold und Silber zusammenDer Absturz des Dollars startete bereits vor Corona, die Pandemie und der damit verbundenen Lockdown haben diesen Absturz nur beschleunigt. Durch...

The Ethereum community rejoiced after the first block of the Medalla test net was finalized. But the transition to ETH 2.0 isn’t turning out to be all that smooth.Despite the important updates, network participation on the test net remains wobbly. This is happening amid Medalla’s gnawing debacle last week.Medalla Testnet’s First BlockAs per the latest update on Ethereum 2.0, the Medalla test net finalized its first block.Medalla just finalized!#ethereum pic.twitter.com/1Fva2Kjf1v— Bitfly...

The Barstool Sports founder turned stock trader appears to have been prematurely stung by the highly volatile world of Bitcoin trading.Portnoy, who has recently expressed a lack of knowledge on crypto, tweeted a video on August 21, stating that he was ‘getting killed on Bitcoin right now.’$25,000 LossIn a follow-up tweet, the stock trader added that he just lost $25,000 and needed time to ‘figure it out’ just like the stock market.I currently own zero bitcoins. I will wait and watch. I lost...

Most of the cryptocurrency market is in red today. Bitcoin tanked to $11,400 briefly, but large-cap alts are losing more substantial chunks of value, thus helping BTC to reclaim some ground in terms of market domination.Bitcoin Drops FurtherBTC looked promising yesterday as the asset headed for another face-off with its well-known nemesis at $12,000. It hovered just beneath it for a while, but the bears took control and didn’t allow even to touch that psychological level.In the next few...

Bitcoin’s price had seen a four-day decline of over $1150, while the altcoins suffered even harder.Despite that Bitcoin is currently trading around the consolidation range from a week ago, we cannot ignore this week’s false breakout to $12,500. This turned to be a fake-out, and the bearishness that came out of this is clearly seen on the following days.As can be seen on the 4-hour chart, BTC was forming a bullish triangle ($12K as an upper angle), and even after the above mention false...

Crypto lender and financial services firm Block Fi has garnered roughly $50 million in funding through a Series C funding round. The event was led by venture capital companies such as Morgan Creek Digital and brings its recently raised funds to more than $80 million after a series B round garnered the company as much as $30 million.Block Fi Is Headed to New HeightsBitcoin appears to be growing in popularity as of late, with the price of the asset spiking to new heights and briefly surpassing...

Could bitcoin potentially reach a price of $340,000?The Power and Strength of the Bitcoin PriceThis appears to be the sentiment amongst certain analysts and charting platforms granted bitcoin decides to play all its cards right. Should the currency imitate its 2016 halving behavior, there is a slim chance that it could spike to this range and beyond.As we all remember, bitcoin’s second official halving occurred during the summer of 2016. While not much happened at first, bitcoin’s price...

A new report indicated that East Asia remains the most active cryptocurrency market with the most significant number of daily transactions. At the same time, professional traders still account for most of the trading volume, while stablecoins, and especially Tether (USDT), have gained a massive market share.East Asia Dominates Crypto Trading MarketAccording to the recent report compiled by Chainalysis, “East Asia is the world’s largest cryptocurrency market, accounting for 31% of all...

Recently, bitcoin – the world’s number one cryptocurrency – rose beyond the $12,000 mark all the way to $12,400. This was huge news for every trader, big and small, though at the time of writing, things have shrunk back a little bit for everybody’s favorite digital currency.Bitcoin Has Taken a FallAs it stands, bitcoin is now trading for just over $11,800. While this isn’t as bad as where it stood yesterday ($11,600), things still aren’t quite where they were, and many analysts and industry...

BitcoinBitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level.Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start of the week. Bitcoin has since dropped further as it reached the support at $11,650 (.236 Fib Retracement). A rising trend line also bolsters this support.The...