Crypto news

Tension between the U.S. and China is spiking, and many are worried about what will happen with bitcoin.China Is Being Eyed by the U.S.On Thursday, President Trump explained to a room full of reporters that he and fellow regulators are looking into what their options are for dealing with China. The nation is widely blamed for the release of the coronavirus on the world, and Trump is potentially looking to initiate economic strikes against China in the form of further sanctions and tariffs.The...

Litecoin is poised for more gains after moving out from a four-weeks downward range.A break above 0.0050 BTC level would signal strength.The price is currently looking bullish across trading pairs.LTC/USD: Litecoin Aiming To Jump Above $48Key Resistance Levels: $47.68, $50.7, $56Key Support Levels: $44, $42, $39LTC/USD. Source: TradingViewFor the past few days now, the crypto market is rising. The price of Litecoin has shot up 5% over the past hours after breaking out from a downward range –...

Recently, it was reported that Goldman Sachs held a client call having to do with assets such as bitcoin and gold. The call – rather than praising both assets for their resilience and their ability to hedge wealth during times of economic strife – was used to hit these assets, particularly bitcoin, which members in the call said was “not an asset class.”Goldman Sachs Is Eating Its WordsThese words have come back to haunt Goldman, and they have seemingly angered many people in the crypto...

XRP climbed by 3.5% today as it managed to reclaim the $0.2 level.The cryptocurrency is trading at the 100-days EMA resistance and remains within the descending triangle.Against Bitcoin, XRP is trading near 2-year-lows, but the buyers are attempting to push higher.Key Support & Resistance LevelsXRP/USD:Support: $0.2, $0.192, $0.18.Resistance:$0.215, $0.225, $0.235.XRP/BTC:Support: 2100 SAT, 2070 SAT, 2050 SAT.Resistance: 2200 SAT, 2250 SAT, 2300 SAT.XRP/USD – XRP Approaching Triangle...

Fraudulent projects within the cryptocurrency field are occurring rather often, and the latest one comes in the form of Bitgrin (XBG), according to a recent report. It reads that the project creator has minted 5 billion tokens while advertising that the total supply is capped at 21 million.Bitgrin’s Creator Scammed Investors?Bitgrin launched as a fork of Grin and advertised itself as a “magically private cryptocurrency.” Interestingly, it has similarities with Bitcoin as both are set to have...

Bitcoin investors have been transferring their assets outside of specific exchanges lately, new data shows. Ultimately, the BTC balance on platforms has reached its lowest point in over a year by decreasing with more than 320,000 coins since Black Thursday.Bitcoin HODLers Mentality On The RiseDuring the notorious Black Thursday event in March, when most cryptocurrency assets lost substantial portions of their value, investors – especially short-term holders – transferred sizeable shares of...

Samsung wird zur Bank: Debitkarte, Bankkonto und Blockchain Wallet. Jetzt ist endlich klar, warum Samsung so viel Geld und Energie in Partnerschaften und Wallet-Entwicklung steckt: Samsung wird zur Digitalbank. Erfindet Samsung die Wunderwaffe für eine florierende Wirtschaft? Eine rein digitale Bank, wo jeder ein Konto eröffnen kann und die erst noch Bitcoin kann? Denn vor...

Coinbase Pro, the professional trading platform of leading American cryptocurrency exchange and wallet provider Coinbase, is adding support for Maker DAO’s token (MKR) again after a failed listing attempt in April 2019.MKR Trading Starts Tuesday, June 9According to a Friday announcement, Coinbase Pro will start accepting MKR deposits from users on Monday, June 8. Full trading is scheduled to begin at 9 AM Pacific Time (PT) on Tuesday, June 9, once sufficient liquidity is established on the...

Swiss securities firm SIX Group is heading a series A investment round in Omniex. The venture says it’s looking to raise a minimum of $14 million.Omniex Gets a Helping Hand from SIX GroupOmniex is a company that seeks to provide cryptocurrency traders with asset pools. Thus far, the enterprise already offers many of its services through some of the largest digital currency trading platforms in the world including Binance, Coinbase Pro and BitMEX. These services are mostly available to...

Recently, Live Bitcoin News reported that financial investment firm Goldman Sachs engaged in a client call to discuss assets like bitcoin and gold. This led some to believe that the company was suddenly a fan of bitcoin, and that it saw potential in the digital asset now that the American economy was showing signs of struggle.Goldman Sachs Doesn’t Care for BTC MuchSadly, this wasn’t quite the case. Goldman Sachs is now listing several reasons as to why bitcoin “is not an asset class,” and why...