Crypto news

Ethereum price remained in a positive zone and climbed towards $450 against the US Dollar.ETH price is currently consolidating gains above the $412 and $410 support levels.There is a crucial bullish trend line forming with support near $402 on the 4-hours chart (data feed from Coinbase).The pair is likely to climb further above the $450 resistance as long as it is above $400.Ethereum price is currently following a nice uptrend above $400 against the US Dollar. ETH/USD might start another...

Bitcoin Press Release: Crypto Price Index’s CPI tokens have now appreciated to over 20x their initial list price, having been trading on HotBit for one month, with additional listings on BitForex, Bilaxy, and DigiFinex just announced.17th August 2020, St Julian’s, Malta – DeFi is a hot topic in the crypto space right now, and cryptocurrencies are finally being recognised for their true potential – As liberators of the classical financial structure. As the number of coins grows, however, so do...

Crypto crime is relatively common within the space, and the latest instigator – a 35-year-old woman in the United Kingdom who remains unnamed at the time of writing – has been caught with roughly 115,000 pounds of illegally garnered bitcoin in her possession.Bitcoin Is at the Center of a Lot of CrimeThe news comes by way of the Met’s Proactive Money Laundering Team. Detectives first opened an investigation into the woman’s financial dealings after she applied for several “bounce back loans,”...

While segregated witness ‘SegWit’ adoption dipped after mid-March, the utilization of the protocol upgrade on the Bitcoin network is on the rise. Some industry pundits say time is running out for the declining set of non-adopters to embrace SegWit.Bitcoin SegWit Utilization Now Above 65%According to data from Transactionfee, about 65% of daily Bitcoin payments utilize SegWit. This figure indicates an almost 200% increase in SegWit utilization since the release of the Bitcoin Core...

It looks like crypto scams are far more prominent than we originally thought, according to a new research paper.Crypto Scams Are Pretty CommonAnalysts at the University of Technology in Sydney and the Stockholm School of Economics have announced that crypto scams are taking place everywhere and all the time. We just need to know where to look. Ultimately, these scams are accumulating millions of dollars in dirty money virtually every month, and not enough is being done to keep people safe.The...

When choosing to trade cryptocurrencies, or any other type of digital asset, users must always consider if they’re the right fit for the job. Trading any digital asset requires a lot of knowledge in the market, technical chart analysis, and sometimes even a bit of luck. It can all get very complicated in just a matter of seconds, and emotions could also play a huge part in the decision-making process when trading. This is precisely why sometimes its best to step aside and choose somebody more...

Bitcoin has responded to the rising altcoins and just pumped to a new yearly high of over $12,400. By doing this, the primary cryptocurrency has increased its dominance over the market after reaching a new yearly low earlier today.Bitcoin To $12,400 and Beyond?As CryptoPotato reported earlier, Bitcoin stood still at $11,800, while many low-cap alts were surging. Thus, BTC’s dominance dropped to its lowest point in over a year at 58.4%. Just a few hours ago, however, the first-ever...

Mike Novogratz has always been a huge bitcoin fan, but while he remains confident in the cryptocurrency, he is telling people not to go crazy.Mike Novogratz: Bitcoin Is a Safe BetAt press time, bitcoin is trading for well above $11,800. The currency has been on a roll these past few weeks and has surged by more than $2,000 from where it was in late July. However, the asset is still failing to reach $12K despite many separate attempts, and the resistance level at $12K is still proving too much...

Less than a week ago, the influential legacy markets day trader Dave Portnoy, had a meeting with Cameron and Tyler Winklevoss – the founders of Gemini and well-known Bitcoin proponents.Even though he supposedly bought Bitcoin during their meeting, his enthusiasm for the primary cryptocurrency was shortlived.Now, Portnoy openly solicits cryptocurrency pump and dump schemes, shilling low-cap altcoin to his 1.7 million followers. Industry experts were quick to observe the similarities between...

San Francisco-based crypto and blockchain investment company Pantera Capital confirmed in a recent filing with the United States Securities and Exchange Commission (SEC) that it has raised almost $165 million in its cryptocurrency hedge fund.Venture Fund III Raises $165M In Two YearThe crypto Fund dubbed Venture Fund III was launched on July 31, 2018, and reports suggested that Pantera was targeting to raise a total of $175 million. By mid-August that same year, the company raised $71 million...