Crypto news

The continuous rise of institutional interest towards the cryptocurrency industry is exemplified by Grayscale Investments’ record Q2 2020 earnings report. The large digital asset management company announced today that it had received total investments in Q2 of over $900 million – $400 million more than its previous record.Grayscale’s Best Quarter To dateThe company, primarily oriented towards institutional investors, published its Q2 2020 results earlier today. It indicates that Grayscale...

Bitcoin’s price has been trading in a very tight range for a while now. The cryptocurrency seems unable to break out in any directions, while in the meantime, altcoins are popping massively.This has led to a 3% decrease in Bitcoin’s dominance, which measures the share of BTC relative to the entire market capitalization.However, BTC’s Bollinger Bands, an indicator that measures the standard deviation from a moving average, are particularly squeezed. In fact, the last time this happened,...

Cryptocurrencies have been growing for over a decade now, having so far reached their popularity peak in 2018 when the Bitcoin price quickly hit the $20,000 mark before crashing abruptly.The short-lived explosion in the crypto industry came with a heavy toll for the ecosystem. Initial Coin Offerings (ICOs) were quickly overtaken by low-quality projects which separated many hard-working crypto enthusiasts from their hard-earned savings, one way or another.Rampant malicious activity in the ICO...

XRP has traded sideways today as it rises by a small 0.15% to reach $0.1985.The coin is currently battling to climb back above the $0.20 level.Against Bitcoin, XRP is starting to grind lower after reaching 2200 SAT last week.XRP/USD: XRP Bulls Defending 100-day EMAKey Support Levels: $0.192, $0.18, $0.175.Key Resistance Levels: $0.20, $0.21, $0.215.XRP managed to reach as high as the 200-days EMA last week, as the coin hit the $0.21 level. From there, XRP started to slowly grind lower over...

[PRESS RELEASE – Please see disclaimer]SnapEx, a fast-growing crypto contract trading platform built for both beginner and experienced traders, has revealed an updated website with a fresh new look. This latest change is also launched alongside a permanent 30% reduction in trading fees on the platform.“Our fresh new look with the SnapEx logo, website, and visuals are all part of our continuous effort to improve, innovate, and provide the best possible experience to our users,” said Wui Yang...

Darrel “Bubba” Wallace, who is the only African American to win one of NASCAR’s top three national touring series, is apparently going for victory carrying the Bitcoin logo on his car.The New Look Consists Of BTC and Cash App LogosIn a recent post, Twitter CEO Jack Dorsey brought the spotlights to the NASCAR driver, sharing a prototype of his car’s new paint job. It consists of at least two Bitcoin logos and labels of Square’s Cash App on his driver’s suit.#bitcoin @BubbaWallace...

SEBA Bank, a FINMA licenced Swiss Bank providing a seamless, secure and easy-to-use bridge between digital and traditional assets, today announces that they will be partnering with Digital Asset Shared Ledger (DASL) – the liquidity network for digital assets. This partnership allows SEBA Bank to offer institutional clients the ability to issue and invest in Digital Securities representing financial instruments on the public Corda Network. DASL’s compliant digital securities...

BitMEX’s parent company, HDR Global Trading Limited, has established a new holding company structure – 100x. As BitMEX will fall under the new structure, the organization noted that it would enable the platform more freedom to develop new features and opportunities for clients.A New Structure Above BitMEXHDR Global Trading Limited is the company behind the popular Bitcoin margin trading exchange – BitMEX. HDR announced yesterday the creation of the new holding company structure 100x. This...

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ADA price gained bullish momentum above the $0.1200 resistance area against the US Dollar.The price is currently consolidating gains above the $0.1250 and $0.1200 support levels.There is a key breakout pattern forming with support near $0.1235 on the 4-hours chart (data feed via Kraken).The price could continue to rise towards $0.1500 as long as it is above the $0.1200 support.Cardano price is trading in strong bullish zone against the US Dollar and bitcoin. ADA price seems to be aiming more...