Crypto news

The Square Cash app owned by Twitter CEO Jack Dorsey will go to great lengths to smooth the onboarding process for its Bitcoin users.When a Cash app user sent 12 different transactions worth $1 each, the app covered the $6 fees required to get his transaction included in the next block – each time.That means the owners and operators of the Cash App paid $72 to move their user’s $12 worth of Bitcoin.The Square AppSquare Cash App Subsidizes Bitcoin Use?As revealed by crypto-podcaster Collin...

Bitcoin mining and hardware firm Bitfury has announced that it will give accredited investors everywhere the opportunity to invest in its data and mining centers.Bitfury Allows Investors Access to MiningAccredited investors (or institutional investors, as they’re often called) are widely considered to be among the primary ingredients in making bitcoin and other forms of cryptocurrency more mainstream and legitimate. However, institutional players have shown a great reluctance to enter the...

MATIC is looking bullish following a 10% surge over the last 24-hours.Against Bitcoin, it is providing a discount after surging to the 3304 SAT level yesterday.MATIC/USD: Matic Looks Indecisive After A RejectionKey Resistance Levels: $0.0276, $0.0296, $0.043Key Support Levels: $0.022, $0.019, $0.017MATIC/USD. Source: TradingViewMatic Network saw over 300% gains to recover from the heavy price crash to $0.006 in mid-March. In fact, the recent surge above the rising channel is suggesting a...

Ethereum increased by 3% today as it rebounds from $200 and reaches $208.The cryptocurrency battles to remain above the rising trend line.Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $215, $220, $225.ETH/BTC:Support: 0.022 BTC, 0.0215 BTC, 0.021 BTC.Resistance: 0.023 BTC, 0.0236 BTC, 0.024 BTC.ETH/USD – Ethereum Forming Ascending Triangle.Ethereum rebounded...

The blockchain video streaming network Theta Labs announced today that Google Cloud had joined its Enterprise Validator Program (EVP). Interestingly, this partnership coincides with Theta’s Mainnet 2.0 launch scheduled to take place also today.Google Cloud And Theta LabsPer the announcement, the tech giant has become the newest member of Theta’s Enterprise Validator Program. Thus, Google Cloud has joined the likes of blockchain-based companies such as gumi, Blockchain Ventures, and the...

Discussions around Bitcoin and cryptocurrencies, in general, have reached the high seats of investment banking.This becomes clear as the behemoth multinational investment bank Goldman Sachs hosted a conference call headlined US Economic Outlook & Implications of Current Policies for Inflation, Gold, and Bitcoin.Perhaps somewhat expectedly, the banking giant used its platform to bash cryptocurrencies, making some particularly expressive comparisons.Bitcoin And Cryptocurrencies Are Not an...

An interesting and certainly education Reddit thread surfaced today, showing the importance of being extra careful when it comes to dealing with sensitive cryptocurrency information online. A user lost $1,200 worth of ETH in a matter of seconds after accidentally leaving his mnemonic phrases on GitHub.For clarity, a mnemonic phrase or backup seed, as it is sometimes called, is a readable 12-word phrase that is used to represent the private keys of a crypto wallet. $1,200 Stolen In 100...

Major cryptocurrency firms continue to pave the way for institutional involvement in the space. The US-based digital asset exchange, Coinbase, just announced the acquisition of the leading institutional crypto brokerage Tagomi.Coinbase Acquires TagomiSan Francisco-based cryptocurrency exchange Tagomi announced today the acquisition of the leading institutional cryptocurrency brokerage Tagomi. The move is aimed to bolster the company’s propositions for advanced traders and “the most...

Over the past three days, Bitcoin was trading sideways between $9000 from above and $8650 from below.After getting rejected yesterday at the $9K resistance, along with the descending yellow trend-line as marked on the following 4-hour chart, BTC had dropped down to Sunday’s low around the $8650 support line (as mentioned on our yesterday’s price analysis).However, the support line held firmly, and during the past hours’ Bitcoin started a mini bull-run climbing up and surpassing the $8800.From...

By examining numerous aspects of the Ethereum network since its launch in 2014, a cryptocurrency research firm concluded that the asset price is significantly undervalued.Ethereum DevelopmentsBlockfyre based the analysis on several core features of the Ethereum network and its performance in the past six years. Firstly, the company examined the development activities, saying that they have been continuously increasing, regardless of how the price has acted.Ethereum Development Activities....