Crypto news

It looks like Chainlink (LINK) is today’s big gainer. Despite mediocre activity amongst some of the leading cryptocurrency assets – i.e. bitcoin, Ethereum, Ripple, etc. – the asset has shot up by more than 1,000 percent since May of last year.Chainlink Is on a Serious RollMany of the primary cryptocurrencies within the space have been hit hard by the coronavirus-induced global market crash, which ultimately caused assets like bitcoin to temporarily lose as much as 70 percent of their values...

India saw a rapid increase in cryptocurrency trading amid the lockdown period, and after the Supreme Court overturned the Reserve Bank of India’s decision to ban crypto businesses, the Hindu reports.India’s Crypto Trading Volume May Be Up to $30M Per DayThe strict social distancing rules, which were adopted at the end of March, might have triggered a surge in cryptocurrency trading volumes, bringing many new participants. Local companies that deal with cryptocurrencies in one form or another...

People holding cryptocurrency in exchanges based in Japan apparently increased their holdings of bitcoin, Ethereum and Ripple over the past few months. BTC, ETH and XRP are the three largest cryptocurrencies in the industry by market cap.Japan Is Still a Major Crypto HubThe surge in holdings appears to stem from the spread of the coronavirus, which has led to the shuttering of the global economy and the ravaging of global financial tools. The virus first began to spread in late 2019, but by...

Despite speculations that miners may abandon ship following the 2020 Bitcoin halving, the network’s security has been primarily increasing, and the hash rate reached a new ATH days ago.In response, the network increased the mining difficulty earlier today by almost 10%, reaching a fresh all-time high as well.Bitcoin’s 10% Difficulty EnhancementUpon creating the Bitcoin network, Satoshi Nakamoto introduced a self-sustaining feature that allows it to make significant adjustments depending on...

XRP surged by a strong 9.5% over the past week as the coin reclaims $0.20.The cryptocurrency is facing strong resistance at the 200-day EMA at around $0.21.Against Bitcoin, XRP has started to recover as it attempts to break the 2200 SAT resistance.XRP/USD: XRP Buyers Holding Above $0.2Key Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.215, $0.225, $0.235.Last week, XRP bounced from the $0.175 (.5 Fib Retracement) support as it climbed above the 100-day EMA to break $0.2. It...

Middle East’s Lebanon is a country with well-known economic issues, deepening for years and peaking during the COVID-19 pandemic.With the nation’s unfavorable situation, numerous prominent economists have offered widely-ranging solutions to the depreciating local currency and USD dependence. Nevertheless, a recent report explored the possibility of a more untraditional solution – Bitcoin.Lebanon: How Did It Get Here?The country’s economy is primarily based on services with the tourism sector...

Tezos’s recovery is quickly approaching the March level of $3.3 after gaining almost 33% in 7 days.It has resumed a mid-term bullish trend following a break above a crucial resistance line across trading pairs.XTZ/USD: Tezos Charging Towards June ResistanceKey Resistance Levels: $3.3, $3.5, 3.9Key Support Levels: $2.85, $2.75, $2.69XTZ/USD. Source: TradingViewAfter the June 6 recovery from around $2.2, Tezos established support around $2.4 and continued to show strength over the past days....

Mit Spannung erwartet die Ethereum-Community das langersehnte Upgrade Ethereum 2.0, genannt Serenity. Wann es nun kommt, darüber herrscht unter den Ethereum-Entwicklern Uneinigkeit. Laut Justin Drake ist ein Start Anfang Januar 2021 möglich, während Vitalik Buterin an 2020 festhält. We made Eth2 hard for ourselves: * many design iterations* many community clients vs one EF-led client* libp2p vs devp2p; BLS12-381 vs BN254 We could have launched a year or two earlier the easy...

Central Park: Luftaufnahme in Nord-Süd-Richtung. Links unten befindet sich das Metropolitan Museum of Art. Foto CC 3.0 by Ellen Murphy und Roy Smith, Wikipedia Einer von vier Mietern in New York City hat in den vier Monaten seit Beginn der Coronavirus-Pandemie überhaupt keine Miete mehr bezahlt. Dies geht aus einem neuen Bericht hervor: Das Community Housing Improvement...

A recent report informs that Singapore has developed a fully functional blockchain-based payment network allowing faster and cheaper international settlements. The team behind it, including investment giant Temasek and US multinational bank JP Morgan, is finalizing technical details for the prototype, and the final product should arrive soon.Singapore Taps Blockchain For A Payment NetworkAccording to the report from Reuters, local authorities announced earlier today that the platform, called...