Crypto news

BitcoinBitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back into $9,190.The crucial thing about this week’s price drop is the fact that BTC looks like it broke beneath a rising trend line that has been in play since mid-March 2020. If BTC continues beneath...

Following the drama with Wirecard, the UK Financial Conduct Authority (FCA) has suspended its subsidiary Wirecard Card Solutions to conduct any regulated activities.Since Wirecard Card Solutions issue cryptocurrency debit cards for TenX and Crypto.com, both companies published statements ensuring that customers’ funds are safe, but some operations could be affected.UK FCA Suspends Wirecard Card SolutionsAs CryptoPotato reported recently, the German-based online payment processor Wirecard was...

It’s been a fruitful year for ChainLink (LINK) and its investors despite the pandemic-induced market downturn in mid-March. The project has not only recorded significant partnerships and developments since the start of 2020 but has also seen a massive boost in the number of crypto traders and investors holding the LINK token.LINK Holders Surpass 160k In 6 MonthsAs of January 1st, 2020, the total number of addresses holding ChainLink’s native cryptocurrency was around the 80,000 level....

After a two-week correction, LRC recently found a bottom and bounced back with 10% gains under 24 hours.It may start a new bullish cycle if the weekly low continues to hold as support.LRC/USD:  Loopring Forming Bull Flag PatternKey Resistance Levels: $0.089, $0.95Key Support Levels: $0.72, $0.62LRC/USD. Source: TradingViewEarlier this year, Loopring started to gain momentum after dropping to around $0.02 in March. After witnessing a three-month surge to $0.1168 on June 10, the price corrected...

Russia starts using 5G network on autonomous mining dump trucks A 5G pilot zone has been deployed for the first time at the SUEK coal company open-pit mine in Khakassia, Russia to test the potential of 5G as part of an autonomous haulage system developed by Zyfra, Finnish-Russian industrial digitalization leader. The pilot project is trialed on 130 tons BELAZ-7513R autonomous mining dump trucks. Robotic dump trucks are part of the Zyfra...

Virgin Galactic Chairman and Social Capital CEO Chamath Palihapitiya recently doubled-down on his advice that people should allocate at least 1% of their portfolio in Bitcoin as protection.He believes that if the asset skyrockets in value, it would be because of rather damaging world events and the lack of proper countermeasures by governments.Palihapitiya: BTC’s Lack Of Fundamental Correlation Is PositiveIn a recent podcast, the former Facebook executive noted that the US Fed and Treasury...

The popular cryptocurrency investment company oriented toward institutions, Grayscale, has reportedly added another 19,879 BTC to their Bitcoin Trust in the last week alone.The fund continues to increase its exposure to the leading cryptocurrency, as it now manages about 400,000 BTC.Grayscale Buys $185 Million Worth of BTCGrayscale’s Bitcoin Trust continues to grow, according to popular researcher Kevin Rook.“Grayscale added 19,879 BTC to their Bitcoin Trust since last week (53,588 BTC since...

[PRESS RELEASE – Please see disclaimer]The long-awaited Payeer and PerfectMoney have just been added into the payment options list of deepTradeBot AI trading platformA popular crypto-trading SaaS solution, deepTradeBot.com, has announced the integration of fiat currencies into the platform payment options list.From today every trader can make all the financial operations on the platform using US Dollars via Payeer and PerfectMoney electronic payment providers. These two solutions have been...

The well-known lobbyist and ex-convict Jack Abramoff had agreed to plead guilty to a cryptocurrency scam. He was operating an alleged Bitcoin fraud case that was violating existing federal lobbying disclosure regulations.Parallel Charges Against NAC, Rowland Andrade, and AbramoffOn Thursday, the U.S. SEC announced its charges against both the chief executive of NAC Foundation, Rowland Marcus Andrade, and Abramoff. The accusations consist of operating a conspiracy scheme making false and...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 912. Heute sprechen wir über folgende Themen: Gefahr für Krypto durch neues Anti-Verschlüsselungsgesetz, Bitcoin Preis Explosion wäre ein Disaster & Ansturm auf Österreichs zweite 100-jährige Anleihe. 1.) Auch Krypto in Gefahr? Neues Anti-Verschlüsselungsgesetz richtet sich gegen WhatsApp und...