Crypto news

Bitwala – a bank in Germany – is forming a close relationship with cryptocurrency and is giving its customers the chance to buy, sell and trade bitcoin, as well as earn interest on their stashes.Bitwala Brings Crypto to CustomersIn the past, traditional banks and cryptocurrencies have not gotten along, as they both share extremely different values. Banks are centralized and controlled by outside entities, whereas cryptocurrencies are not. Banks seek to regulate money and only offer their...

Omisego remains among the best-performing cryptocurrency this week following a massive 35% surge in a few days.The bulls regained control of the market after a week downward correction.After touching $1 mark today, the price is now facing crucial resistance levels.OMG/USD: Omisego Touched $1 After Huge BreakoutKey Resistance Levels: $1.14, $1.372Key Support Levels: $0.945, $0.81OMG/USD. Source: TradingViewThe latest surge in Omisego’s price was characterized by a strong bullish candle (from...

Bitcoin, as of late, has been seen by investors as a tool that can potentially hedge wealth against inflation and other economic problems. It looks like that attitude towards the cryptocurrency is likely to continue in America for some time considering the new warning by Federal Reserve Chair Jerome Powell.Jerome Powell: The Economy Is Still WeakYesterday, Powell emerged to warn U.S. citizens that the economy is slated to face weak growth in the coming months “without modern precedent.” He...

One of the most recognized luxury sports car manufacturers, Automobili Lamborghini, has launched a limited digital stamp collection for selected vehicle models. The company is partnering up with Bitstamps, and by utilizing blockchain technology, they guarantee the history and uniqueness of each digital stamp.Lambo And BlockchainAccording to the company’s website, Lamborghini already launched the first digital stamp in honor of its newest model – Huracan EVO RWD Spyder. The Italian-based...

BitcoinBitcoin had an interesting 7-day trading period as the coin dropped by a small 3% over the week. However, this is because BTC fell by a strong 10% over the weekend as the coin fell from $9,600 to reach as low as $8,500. It rebounded from here and started to climb after the halving occurred earlier in the week.After rebounding, Bitcoin reclaimed the $9,000 level and continued upward to reach the resistance at $9,815 yesterday. It dropped lower from this level today to reach the current...

Bitcoin’s spot price briefly surpassed $10,000 early this week. Its one-year average price just crossed $9,500, a new all-time high. The largest cryptocurrency is up 37% year-to-date. As bitcoin’s price grinds toward $10,000, its performance over a much longer timescale reached a significant milestone this month. BTC’s One-Year Average Price While most traders focus on bitcoin’s spot price, zooming out on a more extended timeframe reveals a bullish trend for the cryptocurrency. As Twitter...

Less than a month after redesigning its cryptocurrency project, Facebook’s Libra has received a significant boost. According to Friday reports, Singapore’s government-owned investment company, and two other companies have become the latest members of the Libra Association.Temasek Offers A Differentiated PositionThe two other companies that joined the association today include crypto-asset investment firm Paradigm, and Slow Ventures, a San Francisco-based venture capital and private equity...

Bitcoin’s hash rate has decreased by 32% in the past few days as the revenue generated by miners is also substantially less following the halving. This is one of the biggest corrections in history, and it might pose certain security challenges for the network.Bitcoin Hash Rate Drops 32%Bitcoin’s hash rate decreased dramatically in the past five days. Since May 10th, it has dropped by more than 32%, going down from about 136.098 million TH/s to 91.265 TH/s.Bitcoin Hashrate. Source:...

In an attempt to provide more accurate information regarding cryptocurrency exchanges, the popular data tracking website CoinMarketCap has launched exchange ranking by web traffic.Interestingly, Binance, the company which recently bought CMC, is currently occupying the first spot with a perfect score.CMC Evaluates Exchanges By Web TrafficFake volumes from cryptocurrency exchanges have been a reasonably bothersome topic within the community. CoinMarketCap has been implicated previously in...

Reddit vergibt bald Token als Belohung für Invovlment. Die Webseite Reddit stellt ihren Nutzern eines der größten Online-Netzwerke weltweit zur Verfügung. Jüngst kündigte der Dienst ein auf der Etherum-Blockchain basierendes System für die Vergabe Community-Punkte an. Das Belohnungssystem von Reddit Reddit enthüllte eine Pläne in einer am 13. Mai veröffentlichten...