Crypto news

The operator of the South Korean cryptocurrency exchange Bithumb plans to take the company public via an initial public offering (IPO), local reports indicate. To be successful, however, Bithumb has to overcome certain challenges, including taxation issues and investment protection.Bithumb Considers Another IPOAccording to the report from today, Bithumb Korea has selected the capital market company Samsung Securities as a listed host and has started the development work necessary for an IPO....

Decentralized finance (DeFi) project Balancer Labs officially announced the launch of its native governance token BAL on the Ethereum mainnet, with the price of BAL tokens increasing significantly following the launch. Balancer Follows Compound’s LeadThe news of the BAL governance token launch was made by CEO and Co-founder of Balancer Labs, Fernando Martinelli, via a Medium blog post on Tuesday (June 23, 2020). According to the announcement, the team is employing an “on-chain governance...

ADA price is showing positive signs above the $0.0800 resistance zone against the US Dollar.The price is facing a significant resistance zone near the $0.0885 and $0.0900 levels.There was a break above a major bearish trend line with resistance near $0.0820 on the 4-hours chart (data feed via Kraken).The price must clear the $0.0900 resistance to continue higher towards $0.1000 in the near term.Cardano price is moving in a bullish zone above $0.0800 against the US Dollar, similar to bitcoin....

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 910. Heute sprechen wir über folgende Themen: Tim Drapers VC-Fund investiert in DeFi-Protokolle, Bitcoin gegen Bargeld kaufen & BTC als Alternative zu Protesten. 1.) Tim Drapers VC-Fund investiert in DeFi-Protokollehttps://www.btc-echo.de/schlagzeilen/tim-drapers-vc-fund-investiert-in-defi-protokolle/ 2.) Mit dieser neuen App können User Bitcoin gegen Bargeld...

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...