Crypto news

Buying shares of Grayscale’s Ethereum Trust would require investors to pay a premium upwards of 750% compared to ETH’s current market price.ETH Sold For More Than $2000 On GrayscaleGrayscale is a company that provides institutional investors with exposure to the price of cryptocurrencies such as Bitcoin and Ethereum through their trust products.The company’s Ethereum Trust is currently selling shares of ETH, where one share represents 0.09395466 ETH. In other words, for one to own a full ETH,...

Ethereum dropped by a total of around 1.5% today as it falls to the $235 level.The next level for ETH to break and start a bullish push lies at $250.Against Bitcoin, Ethereum still needs to break the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $205.Resistance: $250, $265, $274.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0235 BTC.Resistance: 0.0253 BTC, 0.026 BTC, 0.0263 BTC.ETH/USD – Ethereum Losing Battle At $250.Ethereum remains below $250...

Bitcoin is once again spiking and has added about $200 to its price following its previous crash down into the low $9,000 range. The news seems to be sitting well with JPMorgan, one of the biggest bitcoin critics in history.JPMorgan Is Switching Its Stance on BTCIn the past, Jamie Dimon – the CEO of JPMorgan Chase – has stated that bitcoin is a “fraud.” Dimon also compared the bitcoin craze to tulip bulbs, but now it appears the company is changing its sentiment surrounding the world’s number...

Charles Hoskinson, the co-founder of Input Output Hong Kong (IOHK), is getting increasingly upset for being associated with another project he co-founded – Ethereum.Hoskinson Doesn’t Like Being Called Co-Founder of EthereumIn a recent Twitter post, the co-founder of Input Output Hong Kong said that he doesn’t want people to refer to him as the co-founder of Ethereum.“Could you guys just once refer to me as the CEO of IOHK and a founder of Cardano? Honestly, no more interviews if you keep...

Popular American economist Nouriel Roubini took it to Twitter to once again bash Bitcoin. This time, his criticism was set off by a phishing scam that saw a podcast owner lose his BTC savings.Nouriel Roubini Bashes Bitcoin… AgainAccording to the popular American economist and well-known nocoiner Nouriel Roubini, also commonly referred to as “Dr. Doom” by the crypto community, billions are lost every day to “scams and crypto robberies.”He asserted that there is “zero security” in the...

Cardano looks for a rebound after losing 10% in the last seven days.The price is currently looking indecisive across trading pairs.It may breakdown if the immediate support fails to hold incoming pressure.ADA/USD: Cardano Looking For A ReboundKey Resistance Levels: $0.085, $0.088, $0.0917Key Support Levels: $0.074, $0.0688, $0.0631After breaking out from a channel to $0.091 earlier this month, Cardano dropped and started to suspended short-term bullish sentiment. However, the trend is still...

On June 10th, the host of the Protocol Podcast, Eric Savics, lost all of his Bitcoin savings in a tragic mistake.After asking the community for help in any possible way of retrieving his holdings, he also did a plea to whoever took his BTC to return at least some of it, leaving his wallet address in the thread.What followed was a humbling example of the community’s solidarity.Podcast Owner Loses His BTC To a Phishing ScamEric Savics shared his story on how he recently lost his 12 BTC – a...

Popular media outlet ZeroHedge got its Twitter account suspended back on January 31st for publishing an article questioning the origin of the novel coronavirus (COVID-19). A bit more than four months after that, the social media lifted the ban.However, just two days later, Twitter appears to continue flagging the media’s content as “potentially harmful,” signaling that a shadowban may still be in place.ZeroHedge Ban LiftedOn January 31st, ZeroHedge saw its Twitter account suspended for...

One of Wall Street’s largest banks, JPMorgan Chase, has outlined in a recent analysis that Bitcoin’s 2020 performance demonstrates the asset’s growth and maturation. The paper also notes the compelling correlation the primary cryptocurrency is exhibiting with global equities.JPMorgan: Bitcoin MaturesThe JPMorgan Chase analysis cited by Bloomberg examined the performance of Bitcoin and other assets since the start of the year. More precisely, it reviewed their performance during the mid-March...

Perhaps one of the biggest – and scariest – mysteries to emerge from the cryptocurrency space over the past few years has been the rise and fall of Quadriga CX, a cryptocurrency exchange in Canada that now has an undoubtedly shady history behind it.Quadriga CX Will Probably Always Live in InfamyAt one point, Quadriga CX was one of the largest cryptocurrency trading platform in Canada, but now the company has been marred by controversy and a lot of angry people who cannot seemingly get their...