Crypto news

In what seems to be the end of a legal battle between the U.S. Securities and Exchange Commission (SEC), and the messaging giant Telegram, the latter is expected to pay a civil penalty of $18.5 million to the SEC and $1.2 billion disgorgement fee according to a proposed agreement.Telegram Agrees to Pay Disgorgement and Civil PenaltyThe U.S. SEC filed a proposed final judgment with the U.S. District Court of Southern District Of New York on Thursday (June 25, 2020). According to the court...

Bitcoin cash price started a fresh decline from the $245 resistance against the US Dollar.The price broke the $235 support and revisited the $225 support zone.There is a major bearish trend line forming with resistance near $241 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair remains at a risk of more downsides if there is a daily close below the $225 support.Bitcoin cash price is trading in a bearish zone and testing the $225 support against the US Dollar. BCH/USD...

We’ve often heard about how much bitcoin is presently circulating throughout the financial markets. At the time of writing, about 18 million units of BTC have been extracted or mined since the currency was founded, which means that there are only about three million units left.Bitcoin Is Close to Being Fully MinedBitcoin is a finite currency. It cannot be continuously printed or developed the way fiat can, and analysts say there are only about 21 million bitcoin units available to the world....

The coin pulls back below $0.12 after increasing by 8% in a week.After a slight breakdown, sellers are now eyeing the 12000 SAT level.CRO remains bullish on the mid-term despite 4% drops overnight.CRO/USD: Price Consolidating After DropKey Resistance Levels: $0.1193, $0.126Key Support Levels: $0.113, $0.105CRO/USD. Source: TradingViewAfter breaking last week’s high at $0.1193, Crypto.com recorded a new high around $0.126 on Tuesday before the price dropped to where it’s currently changing...

We would love it if all our investments went smoothly and brought us some sort of financial reward. For the most part, there is nothing guaranteed in the world of investing, but according to crypto-friendly financial institution SEBA, perhaps bitcoin investors can make some guaranteed interest here and there.SEBA Brings New BTC Product to the TableThe bank has announced the launch of a new bitcoin product that will allegedly allow investors to earn yield with all their crypto investments. The...

The man who claims to be Satoshi Nakamoto, Craig Wright, took to his blog this week to warn Bitcoin and cryptocurrency developers that “his” invention is not for communists.Wright bemoaned the current trend in the cryptocurrency space, which sees many coins launch with built-in developers funds or pre-mines. According to Wright, this is tantamount to a communist takeover, and simply places all of the risks on the purchaser of such coins – not the development teams themselves.Craig Wright: Dev...

Ethereum saw a slight price drop today as the coin falls from $250 into the $233 level.Luckily, Ethereum found support at the rising trend line as the buyers battle to remain above.Against Bitcoin, Ethereum is re-testing the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $250, $265, $275.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.0266 BTC.ETH/USD: Ethereum Returns To Trend Line...

The record unemployment experienced in the United States has brought about a whole new appreciation and love for bitcoin and its altcoin cousins, new research shows.No Job? Bitcoin Can HelpThe U.S. has witnessed millions of people losing their jobs and filing for unemployment in the wake of the coronavirus pandemic, with weekly filings growing by millions of people at a time. Businesses have had to shut down unexpectedly as President Donald Trump issued a national emergency in late March and...

After hacking a major New York-based law firm, the cryptocurrency-demanding hacking group called REvil has threatened to auction off sensible documents starting from July 1st of celebrities such as LeBron James, Mariah Carey, and Nicki Minaj.REvil To Sell Stolen Documents?CryptoPotato reported in mid-May that the infamous hackers’ group attacked a law firm called Grubman Shire Meiselas & Sacks representing numerous celebrities and large companies in the entertainment business. REvil...

An SEC suit against allegedly fraudulent ICO was recently put on pause by US federal judge. Prosecutors have interfered because a parallel criminal investigation against the alleged scammers was also on the go.The Court Put On Hold A $30 Million Crypto Investment ScamA New Jersey Federal Judge has ordered the pause of SEC’s proceedings against Edith Pardo and Boaz Manor. Recently they were alleged by the Security and Exchange Commission to have raised “over $30 million” through the crypto...