Crypto news

Bitcoin price started a fresh increase above the $9,340 resistance against the US Dollar.The bulls succeeded in clearing the key $9,500 resistance zone and the 55 simple moving average (4-hours).There was a break above a crucial bearish trend line with resistance near $9,400 on the 4-hours chart of the BTC/USD pair (data feed from Coinbase).The pair traded as high as $9,793 and it is currently correcting gains.Bitcoin price is back in a positive zone above $9,400 and $9,500 against the US...

Freelance coder, philologist and neurobiologist Alexandra Elbakyan is looking for a little help from bitcoin, as platforms like PayPal have turned her down.Alexandra Elbakyan Looks to BTC for Company HelpElbakyan runs a website that provides readers with a multitude of academic papers. This wouldn’t be so bad except that most of these papers typically need to be be subscribed to and paid for, whereas her website is looking to offer them for free. As many as 80 million articles are currently...

Initial coin offerings (ICOs) indicted by the U.S. Securities and Exchange Commission (SEC) may see a significant reduction in fines owed following a recent Supreme Court ruling.Apex Court Caps SEC Disgorgement AbilityAccording to Bloomberg, the U.S. Supreme Court issued a ruling on Monday (June 22, 2020), placing a cap on the disgorgement sought by the SEC in fraud cases. As part of the court’s decision which came by way of an 8-to-1 majority, the Commission can no longer seek disgorgement...

We’re already halfway through the year and while bitcoin has done relatively well – having shot back up into the $9,000 range since March – the currency still has a way to go if it’s going to reach some of the end-of-year predictions that analysts have set for it.Bitcoin May Not Reach an End-of-Year High2020 was the year of the highly anticipated third halving, and for many analysts, this was the year in which bitcoin would potentially reach its all-time high again of nearly $20,000. However,...

Max Keiser – a bitcoin investor and host of the Keiser Report – believes that the number one digital currency by market cap will spike to $400,000 per unit in the coming years.Max Keiser: Forget $100K; We’re About to See $400KInitially, Keiser has long touted a $100,000 price for the digital currency. He’s allegedly been predicting such a figure since the year 2011, but now he’s confident the end price for bitcoin will be four times this, and he’s convinced it will happen because the U.S....

Max Keiser of RT news told viewers of the latest episode of the Keiser Report that the only way for black America to gain individual sovereignty is through saving money in Bitcoin.Max Keiser: Black America and BitcoinKeiser referenced the 2019 non-fiction book by Isaiah Jackson, titled Bitcoin and Black America, which claims to explore the synergy between black economics, Bitcoin and blockchain technology. Keiser summarized one of the book’s core messages, stating:“Black America will never be...

Ethereum saw a 2.7% price hike today as it reached $245.The cryptocurrency rebounded from the rising trend line to push higher and keep the bull run alive.Against Bitcoin, Ethereum also bounced higher from 0.0245 BTC to reach the June 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 Rebounds From Rising...

Police of New Zealand froze NZD140 Million ($90 Million) worth of assets, property of Alexander Vinnik, owner of Canton Business Corporation, who was also allegedly operated the BTC-e cryptocurrency exchange. The case is part of other investigations of money laundering and cybercrimes.The Largest Restrain Of Funds In New Zealand’s’s Crime HistoryIn a recent report by the police, investigators claim that the operation was among the biggest in the country and that this is the largest restrain...

An average of $15 million worth of ETH has been locked into Ethereum’s DeFi protocols each day for the past week. That equates to more than four times the amount of Ethereum, which is produced every day as a result of mining.Ethereum’s DeFi Protocols See Huge InfluxAccording to data from DeFiPulse.com, over $500 million entered various DeFi protocols in the past seven days, averaging just over $78 million per day. Lock-ins of ETH specifically numbered 461,000 in that time, equating to an...

DigiByte increased by 35% following its listing on Binance. The price is still trapped in a triangle pattern despite the latest surge. The bullish sentiment remains valid across trading pairs. DGB/USD: Digibyte Remains Trapped In a Triangle Key Resistance Levels: $0.0244, $0.0267, $0.030 Key Support Levels: 0.0205, $0.016, $0.013 DGB/USD. Source: TradingVIewFollowing yesterday’s listing on the leading cryptocurrency exchange, Binance, the price of DigiByte increased by almost 35% to reach...