Crypto news

Ever since the coronavirus took hold of the global economy, bitcoin appears to have increased its fanbase tenfold each month, and companies like River Financial Inc. are here to prove that.River Financial Is Making BTC More MainstreamRiver Financial Inc. is a startup based in San Francisco, CA. A bitcoin financial services firm, executives have emerged to say that the number of clients it services has doubled each month this year, meaning that more and more people are looking to get their...

The positive price performance of Elrond (ERD) in 2020 continues as the altcoin project announced new partnerships with major players in the global travel industry.Flight Payments with ERD on 600 AirlinesElrond Network CEO Beniamin Mincu announced the news of the project’s partnership with Travala and TravelbyBit – two prominent online travel agencies, via a Medium blog post on Thursday (June 18, 2020). According to the statement, both companies are integrating Elrond on their platforms,...

It looks like Ripple (XRP) could be about to expand again.Ripple Heading to Brazil?The world’s third-largest cryptocurrency by market cap announced that it is now looking to expand into Brazil, which has become one of the largest digital asset havens over the past year and arguably one of the biggest regions for cryptocurrency in Latin America. The company’s head of global banking revealed in an interview during early June that executives are convinced that offering services to Brazil will...

The Bank of Thailand (BOT) has announced plans to develop a payment system prototype for businesses through the use of Central Bank Digital Currency (CBDC), according to a report published by the bank on Thursday.CBDC For BusinessesThe prototype will allow Thailand’s central bank to conduct a feasibility study and also develop ways to integrate the CBDC with the procurement and financial management systems platform developed by Siam Cement.The CBDC prototype will commence in July 2020 and...

Cardano is performing relatively well following a sharp bounce from $0.0637The bounce was followed by a break out from a two weeks resistance lineADA/USD: Cardano’s Price Rejects Near $0.085Key Resistance Levels: $0.0846, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631ADA/USD. Source: TradingViewCardano recently broke out from a two-week downtrend to reach $0.084 with small gains over the past hours. Тhe price has currently dropped to $0.815 after witnessing 0.30% losses. The...

The coronavirus pandemic brought a lot more than the fear of getting sick to the table. It also brought loads of cybercrime and fear surrounding the loss of cryptocurrency.The Coronavirus Led to CybercrimeCybercrime relating to cryptocurrency increased by about 75 percent during the peak of the COVID-19 scare. It appears that with more people working from home and not situated in a public office, there are less means of protecting exchanges and other trading platforms. Companies have fewer...

Tezos found a bottom around $2.45 after a steady two weeks decline.The overall market is starting to recover the loss with about 0.8%.Against Bitcoin, the price dropped back after a sharp rejection at 28000 SAT level, although it may resume buying short.XTZ/USD: Tezos Is Primed For RecoveryKey Resistance Levels: $2.68, $2.71, $2.75Key Support Levels: $2.58, $2.45, $2XTZ/USD. Source: TradingViewTezos appeared to have found a bottom around $2.45 on Monday following a two-week drop from around...

Bitpanda: Österreich, Schweiz, Frankreich, Spanien; die Bitcoin-Börse aus Wien erobert die Welt! Bitpanda ist eine der wenigen Bitcoin-Börsen, welche den Bitcoin-Handel auch in Schweizer Franken anbietet, sehr einfach zu bedienen ist und sogar Support auf Deutscher Sprache leistet, falls man diesen mal benötigen sollte. Der neue, hauseigene Bitpanda Token BEST scheint immer...

Der Nationalrat hat am 17. Juni 2020 einer innovationsfreundlichen Rechtsgrundlage für dezentrale Anwendungen und Geschäftsmodelle zugestimmt. Die Swiss Blockchain Federation freut sich über den Entscheid und ist zuversichtlich, dass die Gesetzesänderungen bald in Kraft treten werden: Mit 192 zu 0 Stimmen und keiner Enthaltung hat der Nationalrat als Erstrat heute die neue Blockchain-Gesetzgebung verabschiedet. Er folgte damit seiner vorbereitenden Kommission, die sich...

Ethereum dropped by a small 1% over the past 24 hours as it fell to $232.The cryptocurrency is still trading above a rising trend line that has been in play since mid-March 2020.Against Bitcoin, Ethereum found support at 0.0243 BTC as it looks to tackle 0.025 BTC again.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0235 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Bullish...