Crypto news

Anyone familiar with the Tennessee Williams play “A Streetcar Named Desire” has heard the line, “I’ve always depended on the kindness of strangers.” One man is now holding this line close to his heart following news that his entire bitcoin stash was stolen through a phishing scam.Bitcoin Stolen; Strangers Come to RescueEric Savics – the host of Protocol Podcast – put a message out to all his followers on June 12 saying that he had lost the 12 bitcoins he had saved up over the past seven years...

Chainlink has been included in a top list of technology pioneers by the World Economic Forum. The selection consists of some of the biggest names which are leaving their mark in several industries, including blockchain and other tech innovations.Among The Most Promising Tech IntegratorsUpon the 20th anniversary of the Tech Pioneers community, The World Economic Forum has chosen the top 100 technology-oriented companies, possibly able to shape industries. The pioneers are delivering technology...

Grayscale Investments asserted that amid the current economic uncertainty prompted by the latest governments’ actions to print lots of money, institutional investors turn to Bitcoin and other cryptocurrencies looking for a potential hedge against inflation.BTC And Crypto To Serve As HedgeOne of the world’s leading digital asset management companies recently posted on Twitter their views regarding the current financial situation and the role of cryptocurrencies in it:“As we’ve closely...

Darn it, bitcoin! Way to let people down again! Right as you were doing so well, you decide to lose approximately $400 from your price.Bitcoin Has Shed a Huge ChunkThis morning, the currency is trading for just over $9,000, meaning it has lost about $440 since the weekend. The asset has had a bit of a shaky week no doubt, losing a couple hundred here and there and hovering between the mid to high $9,000 range, but now it appears that the world’s number one digital asset by market cap is...

Ethereum increased by 4% over the past 24 hours as it now trades at $233.The cryptocurrency spiked lower yesterday as it broke beneath a rising trend line, but the buyers quickly regrouped to push ETH above it before the close.Against Bitcoin, Ethereum fell into the support at 0.00243 BTC and rebounded from there.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...

Ren, the open-source protocol enabling permissionless and private transfers of value between any blockchain, launched its mainnet and a dApp utilizing it within a few weeks.Interestingly, the protocol’s native cryptocurrency REN has gained more than 40% of value in the same period.Ren Launches RenVM MainnetThe blockchain-based company announced the release of its RenVM Mainnet in late May, asserting that it’s the “beginning of a cross-chain era for DeFi,” as it “brings interoperability” to...

Chainlink broke down from a channel after reaching $4.9 during a three-month rally.Against Bitcoin, it started to form a symmetrical triangle pattern after recording a yearly high at 56739 SAT in March.LINK regained momentum with an 8% surge overnight.LINK/USD: Chainlink Dropped Off Short-Term ChannelKey Resistance Levels: $4.25, $4.5, $5Key Support Levels: $3.5, $3, $2.8LINK/USD. Source: TradingViewFollowing Bitcoin’s crash to $8900 yesterday, Chainlink’s price dropped by almost 5% to a...

The Jakarta Metro Police have arrested US national Russ Albert Medlin, considered to be the unofficial owner of the large cryptocurrency Ponzi scheme BitClub Network. The police acted after receiving a tip that Medlin has been involved in a child prostitution ring.BitClub Network Owner Arrested In IndonesiaThe Jakarta Metro Police’s Cyber Crimes Directorate captured Medlin in Kebayoran Baru, South Jakarta, on Sunday, a report informed. On the day of the arrest, police officers intercepted and...

The Republic of Kazakhstan continues to maintain its bullish stand on cryptocurrencies and crypto mining operations. The central Asian country is planning to attract millions of dollars of investments to its domestic crypto industry within the next three years, local media reported Tuesday.Askar Zhumagaliyev, Kazakhstan’s Digital Development, Innovation, and Aerospace Industry Minister, made this known while addressing the Senate in a June 11 plenary session.Crypto And Mining Are Part Of...

Arthur Hayes, the CEO of one of the leading Bitcoin derivative exchanges, BitMEX, has once again slammed a cryptocurrency for being a “shitcoin.” This time it was Bitcoin Cash (BCH) that’s under his radar.BitMEX Listing BCH/USD Perpetual ContractIn an announcement from June 01st, 2020, BitMEX revealed that it’s going to launch a BCH/USD perpetual swap contract with up to 25x leverage. Today, the contract went live.“This is the fourth quanto contract to be launched on our platform and follows...