Crypto news

Bitcoin has shot past the $11,600 mark and is now just shy of trading for $11,700. $300 more to go and bitcoin can reach $12,000, which is considered a serious level for the world’s number one digital currency by market cap.Bitcoin Continues to Shoot UpSome analysts believe that this is the start of something quite big, though it may be a bit early for bitcoin fans to break out the champagne. While things are going well for bitcoin, there are still some serious resistance points that the...

Bitcoin experienced a rough period earlier in the year, but at press time, the currency is trading for just under $11,700, and is at the highest point its been in roughly one year.Bitcoin Is At Its Strongest Point in 12 Months2019 was relatively shaky for the world’s leading cryptocurrency, trudging along during the first three months of that year before spiking into the $5,000 range by the time April came along. By mid-summer, the currency had shot up to well over $13,000, but eventually...

Bitcoin’s network is known for a lot of things, and low transaction fees are undoubtedly one of them.Less than an hour ago, we saw another example of this as upwards of $1 billion worth of BTC was transferred from one address to another for a fee of $4 at current rates.$1 Billion Worth of BTC Transferred for $4Whale transactions are not uncommon in the cryptocurrency field. At the beginning of July, CryptoPotato reported that someone had moved $933 million worth of Bitcoin (around 101,860...

XRP saw a strong 23.5% increase this week as it climbed as high as $0.321.The coin has dropped slightly as it trades at $0.30.Against Bitcoin, XRP reached as high as 2800 SAT before falling into the 2555 SAT support.XRP/USD: XRP Bulls Find Resistance at Bearish .886 Fib RetracementKey Support Levels: $0.3, $0.291, $0.28.Key Resistance Levels: $0.313, $0.321, $0.331.XRP saw a massive push this week as it surged above $0.3 to reach as high as $0.321 (bearish .886 Fib Retracement). More...

DIE VEREINIGUNG PRO ZUG - FÜR ZUGER UND ZUGER GESCHÄFTE Wie die Luzerner Zeitung berichtet, verteilt die Stadt Zug bald 100 Franken Einkaufsgutscheine an die Einwohner. Damit soll das lokale Gewerbe stimuliert werden. Die Chefin vom Verein Pro Zug Margraf erklärt, dass keine Papiergutscheine verteilt werden, sondern eine Geschenkkarte. Diese kann in allen Stadtzuger...

The large cryptocurrency asset manager Grayscale Investments has filed a Registration Statement on Form 10 with the Securities and Exchange Commission (SEC) for its Grayscale Ethereum Trust. Should the application be successful, the ETH Trust will be the second company product designated as a digital asset investment vehicle reporting to the SEC after the Grayscale Bitcoin Trust. Grayscale ETH Trust Files For Form 10 With The SEC Also known as the General Form for...

By working together with the US Federal Bureau of Investigation (FBI), German law enforcement agencies have seized nearly $30 million worth of Bitcoin and Bitcoin Cash from two men allegedly running a large pirate streaming website called Movie2K.Movie2K’s BackstoryThe pirate streaming website began operating in 2008 and ran until 2013. In that timeframe, Movie2K allegedly distributed nearly 900,000 copies of movies and TV shows. Its popularity grew rapidly, and before it closed in 2013, it...

Das Federal Reserve Banking System hat bekanntgegeben, den Leitzins weiter in der Nähe von null Prozent halten zu wollen. Langfristig will man diesen erst erhöhen, wenn die Wirtschaft wieder angezogen hat. Und damit können die Regierungen – allen voran die USA – weiter günstiges Geld drucken.Bitcoin News: Politik der Zentralbanken könnte Bitcoin weiterhin helfenEs wird wohl nicht das letzte Rettungspaket gewesen sein, mit dem die US-Regierung gegen die Coronakrise vorgehen wird. Nachdem Trump...

Top Japanese financial bureaucrat Ryozo Himino thinks that promoting cryptocurrency trading will not necessarily accelerate technological innovation. Rather it will spark increased speculative trading, the regulator said. Himono has, therefore, cautioned against the same.Deregulating Bitcoin & Cryptocurrencies Will Fuel’ Speculative Trading’As per a Reuters article, the Japanese Financial Services Agency boss has shared fresh thoughts regarding his stance on crypto trading practices in...

The Chinese central bank digital currency (CBDC) could be approaching its long-anticipated launch as new reports indicated that multiple local commercial banks have begun conducting trials of a digital wallet application linked to the CBDC.Chinese Banks Test Digital Wallet App For CBDCIn the latest turn of events regarding China’s future digital currency, a Reuters report asserted that several large state-run commercial banks are conducting internal testing of the digital wallet app....