Crypto news

Goldman Sachs appears to be changing its tune yet again on bitcoin and is delving deeper into the crypto space.Goldman Sachs Is Changing Its Stance on BTCThe company announced that it is appointing a new head of crypto and says that it will look into potentially building its own virtual token as a means of competing with the world’s number one digital currency by market cap. These are big words coming from a business that just three months ago, hosted an entire seminar about why bitcoin...

Bitcoin has been soaring as of late, but not so much that it’s been knocking its altcoin cousins to the side. Several smaller coins, including Chainlink (LINK), are doing quite well at the time of writing. LINK has recently hit a new all-time high.Chainlink Is Bigger Than EverOver the last four weeks, the price of LINK has grown by more than 120 percent. Each LINK unit is now trading for roughly $13 each, and things are getting bigger by the minute. The currency has risen by more than 500...

MicroStrategy has become the first NASDAQ-listed company to buy Bitcoin as part of its planned capital allocation strategy.Bitcoin is Better than CashAccording to an official press release on Tuesday (August 11, 2020), MicroStrategy bought 21,454 BTC at $250 million. The company stated that Bitcoin, which is seen as an investment asset, is the firm’s main reserve in its treasury.MicroStrategy’s BTC buy follows an earlier statement made in late July. The company revealed that it was going to...

Bitcoin’s price is now sharply correcting after failing to close above the psychological $12,000 yesterday.In the last 24hrs, $14 billion has been withdrawn from the market as traders react to the double top that’s now appeared on the 4-hour chart. Bitcoin reached $12,100 yesterday and nine days ago, on August 2nd.As of writing these lines, Bitcoin marks $11,270 as the current daily low, while yesterday’s high was roughly at $12,100. Almost $900 price decline.All eyes will now be on the...

Der Schweizer Markt gehört zu den am schnellsten wachsenden Märkten von Revolut in Europa – zusammen mit Ländern wie Italien, Portugal, Irland, Rumänien und Polen. Innovative Unternehmen wie Revolut und Transferwise haben den Bankensektor disruptiert. Revolut ist komplett gratis — die Kunden freut’s; doch das Unternehmen schreibt Verluste: Die britische Startup Bank Revolut...

Chainlink dropped by a sharp 7% today and about 15% in the past two days.Before this drop, LINK had created a fresh all-time high at $14.74, gaining upwards of 35% in a week.Against Bitcoin, LINK is also heading lower as it dropped from the 120,000 SAT resistance to reach 108,000 SAT today.LINK/USD: LINK Rolls Over After Bulls Set Fresh All-Time HighKey Support Levels: $12, $11.40, $10.45.Key Resistance Levels: $14, $14.47, $15.Chainlink has been surging over the past month, being able to...

The decentralized exchange aggregator sourcing liquidity from multiple platforms 1inch has raised nearly $3 million in a funding round led by Binance Labs. Other prominent participants in the series include Galaxy Digital, Greenfield One, Libertus Capital, Dragonfly Capital, FTX, LAUNCHub Ventures, and Divergence Ventures.1inch Raised $2.8MAccording to a press release shared with CryptoPotato, the successful completion of the funding round came shortly after the decentralized exchange...

Anyone that has used Ethereum for anything recently will have noticed a surge in gas fees. The DeFi boom of 2020 is largely responsible for this as demands on the creaking network increase. Ethereum and ERC-20 tokens make up the foundations of DeFi, and it has become painfully evident that the network cannot take the load.Average Ethereum fees have surged to just under $3 as of August 10, according to Bitinfocharts.com. Aside from a spurious spike in June, this is the highest they have been...

Swipe, one of the latest acquisitions of Binance, has announced a new simplified white paper, which should assist in mass adoption for the company.With many developments coming from Swipe, its native cryptocurrency, SXP, has soared by over 60% in the past week alone to a new all-time high painted today.Swipe’s Latest DevelopmentsThe newly-announced and “redefined” white paper comes under the name Swipe Product Manual. The company said that unlike other white papers that are “bulky and mixed...

According to numerous posts on John McAfee’s Twitter, the former antivirus tycoon and cryptocurrency proponent was arrested in (probably) Norway, or Spain, or Germany.While he hasn’t disclosed lots of details, the reason for the arrest was quite compelling – wearing a lady’s underwear as a protective mask and refusing to replace it.McAfee ArrestedJohn McAfee is among the most controversial figures within the cryptocurrency community. From refusing to pay taxes, claiming they are illegal, to...