Crypto news

Gold and bitcoin appear to be surging at the same time.Gold and Bitcoin Are Heading for the TopThis has set up all kinds of questions that we haven’t really dealt with before, a big one being, “Are gold and bitcoin suddenly correlated?” As of late, the big question has been whether stocks and bitcoin are correlated, but present circumstances suggest that BTC and gold are more similar than originally thought. For all those who have called bitcoin the “digital version” of gold, the present...

There are several conflicting reports in the crypto world as of late. Despite the idea that bitcoin is surging like mad and is on the verge of once again striking the $11,000 range, it looks like things are very up and down otherwise for both miners and institutions.The Bitcoin Market Is Straddled with Ups and DownsRecently, Live Bitcoin News reported that Bit Farms, a cryptocurrency mining firm, is straddled with heavy debt and is struggling to repay the $20 million+ it owes by the time 2021...

Following a steady recovery from $216, Bitcoin Cash pushed above the crucial $280 level with 25% gains in 7 days. Against Bitcoin, the price continues to remain in a consolidation phase after three months decline. BCH/USD: BCH Waiting After A Slight Breakout Key Resistance Levels: $352, $409, $428 Key Support Levels: $280, $258, $245 BCH/USD. Source: TradingViewFollowing the massive surge in Bitcoin’s and Ethereum’s price, Bitcoin Cash has also seen decent growth over the...

Bitcoin has surged as of late, but according to many experts and analysts, now is not the time to buy.Some Analysts Say “Stay Away” from BitcoinThe sentiment is that the current jumps aren’t going to last, and that there is only a seven percent chance that the asset will again reach its all-time high of nearly $20,000 this year, according to many options markets. Gavin Smith – chief executive of crypto firm Panxora – explained in an interview:Our view for the balance of 2020 is still high...

Yesterday, Coinbase announced that it was expanding its Learn platform with the addition of Kyber Network tokens. The incentive allows exchange customers to watch videos in exchange for a small handful of the KNC tokens worth a couple of dollars.Starting today, Coinbase customers can start earning Kyber (KNC) by watching lessons and completing quizzes about the Kyber Network, a protocol that aims to make swapping digital assets and cryptocurrencies simple and efficient....

XRP saw a very strong 9.5% price hike today, and it reached $0.24.The coin has now created a fresh 3-month high not seen since late April 2020.Against Bitcoin, XRP continues to struggle as it fails to break 2200 SAT.XRP/USD: XRP Bulls Attempting To Break Above April HighsKey Support Levels: $0.234, $0.225, $0.22.Key Resistance Levels: $0.245, $0.25, $0.255.Since passing the 200-days EMA at $0.21 earlier in the week, XRP has continued to surge as it reached the $0.241 level today. It managed...

Bitcoin scams by impersonations are emerging globally, and the latest example coming from the Philippines has pushed the nation’s Finance Secretary to sought the help of the US Department of Justice (DOJ). He claimed his name was used to promote a series of ongoing cryptocurrency scams.The Philippines’ Finance Secretary Involved In a BTC ScamAccording to a recent report, Finance Secretary Carlos G. Dominguez III has become a victim of impersonation in an ongoing cryptocurrency scam. He sent a...

Man muss ja nicht jede Investorengesellschaft verfolgen, welche Bitcoin kauft. Aber Grayscale ist die bekannteste. Beim Start im Jahr 2013 wurde Grayscale noch belächelt, als Grascale bekannt gab, Bitcoin grossen Investoren schmackhaft machen zu wollen. Nun, fast 8 Jahre später gab Grayscale bekannt, Kryptowährungen für Kunden im Wert von 5.1 Milliarden US-Dollar zu verwalten. AUM heisst der...

Messari crypto researcher, Ryan Watkins, has recently delved into the market values of the decentralized finance sector, comparing it to some of the other players in the crypto industry. He concluded that DeFi is still a minnow despite its massive growth in popularity this year.The entirety of what we call DeFi is worth less than both XRP and Bitcoin Cash alone.Despite its rerating over the past couple months, DeFi is still extremely small in perspective.1/ pic.twitter.com/rd4LZbDeu6— Ryan...

Leading cryptocurrency hardware wallet provider, Ledger, announced Wednesday that it suffered a data breach, which affected the personal information of thousands of users in late June.According to a detailed report published by Ledger today, the breach occurred on June 25. The attacker accessed a part of the company’s e-commerce and marketing database, containing mostly email addresses used for sending order confirmation and promotional emails.9,500 Users ExposedLedger further noted that the...