Ethereum saw a massive price increase over the past 24 hours, which allowed it to push above the $300 level.The cryptocurrency continued to drive upward from $300 today as it reached as high as $320 before dropping.Against Bitcoin, Ethereum created a fresh 2020 high as it reached 0.0317 BTC.ETH/USD: Break Above $300 Sets Fresh 2020 Highs For ETHKey Support Levels: $300, $297, $287.Key Resistance Levels: $320, $333, $342.Ethereum saw an impressive 31% price surge over the past week of trading....
Read More »Binance and Helping Harry Return Stolen Crypto Worth $10K to Victim
Crypto security expert Harry Denley has done it again. The antiphishing professional, in association with Binance, helped a victim get back $10,000 worth of lost cryptocurrency. Previously ‘Helping Harry’ had recovered $4000 worth of stolen crypto funds for a user.Fake MetaMask and Uniswap UI Used for Stealing CryptoIn his latest blog article, Harry Denley, a security and antiphishing expert at cryptocurrency management firm MyCrypto recounted an incident where he intercepted $10,000 worth of...
Read More »The Return of the King: Bitcoin Price Back Above $10,000
It appears to be obvious that the boring days of Bitcoin trading are over. The cryptocurrency went on a spree over the past week, gaining more than 10% and breaking the coveted $10,000 mark for the first time since June.Bitcoin Price Does it Again: Over $10,000The past couple of weeks were fairly boring when it came to Bitcoin’s price action. After all, the cryptocurrency remained trapped in a very tight range for most of July.This saw the Bollinger Bands squeezing very tightly, which is...
Read More »Ethereum Surpassing $300 As Bitcoin’s Dominance Records Yearly Low
Bitcoin continued its steady bullish move, and currently trading safely around the $9,700 mark, while Ethereum has breached above the $300 level. Other altcoins have also marked significant gains in the past 24 hours, thus reducing BTC’s dominance over the market towards the 60% dominance, which is a new year low.Altcoins On The RiseThe second-largest cryptocurrency by market cap has kept its decisive move forwards running. Ethereum traded at $235 on July 21st, but it seems that its essential...
Read More »Financial Companies Like Visa Are Seeing Digital Assets in a More Positive Light
It looks like payment companies such as Visa, Mastercard and PayPal are singing a different – and more positive – tune when it comes to cryptocurrencies.Companies Like Visa Are Having a Change of HeartIn the past, said companies and cryptocurrencies haven’t always gotten along. The reasons are wide and varied, with a big one being that many digital assets have not earned the trust that other payment platforms have received. For example, credits cards have arguably proven themselves over the...
Read More »Tyler Winklevoss: The Time Is Right for Buying BTC
The recent stimulus plan brought forth by the United States has garnered some mixed reactions, but according to Tyler Winklevoss – co-founder of the Gemini Exchange in New York – the move has brought about the prime environment for bitcoin buyers.Tyler Winklevoss: Bitcoin Is Looking Pretty Good Right NowAt press time, bitcoin is just over $9,500, which is a slight drop from where it stood just yesterday. Still, the currency has been on the rise over the past 72 hours ever since it was...
Read More »Steve Wozniak Sues YouTube Over Alleged BTC Scam
Steve Wozniak – the co-founder of Apple Computers – has filed a suit against popular video-streaming website YouTube for allowing bitcoin scammers to use his likeness in their fraudulent advertising.Steve Wozniak Takes Legal ActionThus far, the scam in question is believed to have garnered millions of dollars from users all around the world. While Wozniak is at the center of the lawsuit, the case is a class-action suit that also involves as many as 17 additional victims of the scam who claim...
Read More »35,000% in 7 Days: The Unbelievable Story of Yearn Finance (YFI)
The space of Decentralized Finance (DeFi) is undoubtedly where all eyes are right now. The value locked in lending protocol continues to surge, and it shows absolutely no signs of slowing down.Every day is riddled with exciting events. Today, one of the recently launched DeFi tokens, YFI, brings returns upwards of 35,000% to those who got in the party early. The funny thing behind all this is that it was never intended to have any financial value.Yearn Finance (YFI): “It Has 0 Financial...
Read More »Hedging von US-Banken könnte Bitcoin im Wert verdoppeln
US-Banken haben theoretisch die Möglichkeit, Crypto-Schlüssel für Assets zu nutzen, was im Prinzip bedeutet, dass sie diese ganz legal als Cryptocoins anlegen könnten. Ein Analyst hat ein Szenario durchgespielt, bei dem die US-Banken nur ein Prozent der Assets in Bitcoin anlegen – der BTC-Preis würde sich mehr als verdoppeln.Bitcoin News: Hedging von US-Banken könnte Bitcoin im Wert verdoppelnViele Fond Manager setzen bereits auf Hedging mittels Cryptocoins. Ungefähr 1-3% ihrer Assets liegen...
Read More »Bitcoin Suisse Raised $50M To Enhance Current Operations And Launch An STO
Switzerland-based digital asset service company Bitcoin Suisse has successfully raised nearly $50 million in a Series A financing round. The company plans to utilize the funds to enhance its staking services and custodial solutions before initiating an STO.Bitcoin Suisse Raises $50MAs CryptoPotato reported in May, Bitcoin Suisse AG planned to hold new funding round to raise about CHF 45 million ($48 million). Earlier today, the Swiss organization announced the successful completion of the...
Read More »