Crypto news

Another week has passed, and it has been nothing short of exciting on the cryptocurrency market. Bitcoin went on to lose a serious chunk of its value as it plunged below $8,700 only to recover a few days later and touch $9,600. However, BTC is relatively indecisive over the past couple of days as it got rejected at that level, and it’s currently trading slightly below it around $9,400. If Bitcoin can climb back above this important resistance level, it may take another shot at the coveted...

South Korean smartphone provider Samsung is working with New York-based crypto exchange Gemini to provide support for all the trading platform’s users. Customers of Gemini will now be able to buy, sell and trade bitcoin and other digital currencies through the new Samsung wallet.Samsung and Gemini: The Perfect MatchIn addition, they will also be able to view their balances and transfer bitcoin and crypto stashes via their phones through Samsung’s new cold storage capabilities. Gemini chief...

Ethereum is stuck at 0.023 BTC resistance after forming a cup-and-handle patternIt is gaining strength again after reclaiming the crucial $200 mark this weekETH/USD: Ethereum Recovers Well Above $200Key Resistance Levels: $226, $237, $246Key Support Levels: $211, $200, $191ETH/USD. Source: TradingViewThere’s no doubt that the bulls are coming up again following the latest buying volume in the entire crypto market. Ethereum’s price jumped 10% in two days before it met resistance and pulled...

The latest debacle of social media giant Twitter flagging tweets of the US President Donald J. Trump resulted in the draft of an executive order on Preventing Online Censorship. If anything, this highlights one of the core principles behind Bitcoin’s technology – censorship resistance.Twitter Flagging President Trump’s TweetsThe riots in Minnesota’s largest city, Minneapolis, escalated yesterday as entire buildings were set ablaze following the death of George Floyd – an African American who...

Der Beitritt zum Verwaltungsgremium ermöglicht es LG, die Grenzen von Blockchain zu überwinden und die bevorstehende Ära schneller, fairer und sicherer Anwendungen einzuleiten LG Electronics Inc. (LG) und Hedera Hashgraph, eine Plattform für Distributed-Ledger-Technologie (DLT) im Unternehmensbereich, gaben heute bekannt, dass LG dem Hedera Governing Council beigetreten ist. Das Gremium, gegründet, um ein besonders dezentralisiertes...

BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...

The US-based cryptocurrency exchange Coinbase has extended its staking services for Tezos (XTZ) to users from a few European countries. The price of the asset has increased by nearly 6% since the announcement yesterday.Europeans To Stake XTZ On CoinbaseAs CryptoPotato reported before, Coinbase added Tezos staking in late 2019 for users based in the US. Since then, the company said that customers had earned over $2 million in Tezos staking rewards.Now, the cryptocurrency exchange announced the...

Less than a week ago, the Government of the United Kingdom ‘unlocked’ £150 million from dormant accounts to help tackle the coronavirus pandemic. While it may look like a noble act on the surface, in reality, it reveals that governments, in collaboration with banking institutions and regulations, can easily lay a hand on private property.UK Seizing £150 Million From a Dormant AccountAccording to an official announcement on the website of the UK Government, authority “unlocked” £150 million...

Blockchain-based company BitClave PTE Ltd. reached an agreement to settle all charges brought by the US Securities and Exchange Commission (SEC) and will pay back all of its 9,500 investors the $25.5 million raised in 2017.BitClave To Pay Back InvestorsThe SEC accused the “blockchain services company” that it conducted an unregistered initial coin offering (ICO) of digital asset securities in 2017. BitClave raised $25.5 million at the time by selling its Consumer Activity Tokens (CAT) to...

International giant LG Electronics joined the Hedera Governing Council. The inner company body is set to deal with and oversee the governance of the Hedera Hashgraph distributed ledger technology platform (DLT). The Council Is Dedicated To Enabling “The Most Decentralised Governance Model For A Public Ledger” As announced by the Hedera Hashgraph team, “joining the Steering Committee allows LG to go beyond blockchain to usher in the next era of fast, fair, and secure applications.” In the...