Crypto news

Sundrania Fund Services Corp (aka Sundrania) has unveiled its new crypto administration platform that can handle any unique needs of the world’s growing list of digital currencies.Sundrania Is Bringing the Cloud and Crypto TogetherThrough Sundrania, companies utilizing the platform will be able to outsources all their operations through cloud technology. The application will also allow these companies to integrate themselves with the world’s leading cryptocurrency exchanges. Thus, if they...

By examining a well-known technical component, the popular YouTuber The Moon believes that Bitcoin could be heading towards $6,000 in the next few months if it breaks the vital $8,500 level.Bitcoin And The Wyckoff Distribution PatternThe cryptocurrency analyst initially posted the chart on Twitter in which he has inserted BTC’s current position on the Wyckoff distribution pattern. It works as a medium-term technical instrument that begins in a preliminary supply stage (PSY) where the asset’s...

After witnessing a five-days correction, SNX recovered almost 6% over the last 48-hours trading.Sellers may resume pressure if the price fails to increase above the previous resistance.The trend is still looking bullish in the short-term despite the five-day selling.SNX/USD: It Maintains Lower High Lower High PatternKey Resistance Levels: $1.83, $1.92, $1.964Key Support Levels: $1.61, $1.56, $1.44SNX/USD. Source: TradingVIewSynthetix Network Token has been under a correction since the price...

A new three-strike rule is now in effect for crypto businesses looking to apply for New York’s dreaded BitLicense.The Dreaded BitLicense Just Got a Lot WorseRegulators have issued a warning telling users that anyone looking to apply for a BitLicense could potentially have their applications thrown out or quickly rejected granted they do not follow the feedback or rules brought forth by New York-based lawmakers. Granted a rejection occurs three times, the company will not be permitted to try...

The Decentralized Finance (DeFi) ecosystem has once again come under attack as a decentralized automated market maker exchange suffered losses close to half a million dollars yesterday.Balancer Lost $500k In Pool VulnerabilityDeFi project Balancer has lost about $500,000 worth of multiple tokens to a hacker due to a vulnerability in two of Balancer’s pools. News about the hack emerged on social media on Sunday evening, but Balancer did not issue an official report until this morning.According...

Binance, the world’s largest cryptocurrency exchange, has announced its plans to roll out a COMP/USDT Perpetual Contract. This is coming barely two weeks after the COMP governance token was launched by DeFi largest protocol, Compound Finance.Trading COMP With 50x LeverageStarting tomorrow, Tuesday, June 30 at 09:00 AM (UTC), Binance Futures traders will be able to both long and short COMP on perpetual contracts, using leverage between 1x and 50x.Unlike traditional futures contracts, a...

Ethereum saw a sharp 5.6% price fall this past week as it drops to $223.This has caused ETH to penetrate beneath a rising trend line that has been in play since mid-March 2020.Against Bitcoin, Ethereum failed to overcome 0.0253 BTC again and dropped to 0.0245 BTC.Key Support & Resistance LevelsETH/USD:Support: $215, $210, $200.Resistance: $225, $245, $250.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Falls Beneath Rising...

Bitcoin’s price will continue trading in a tight range between $6,000 and $10,000 until the rest of the year, believes popular BTC analyst Tone Vays. He also thinks that short-term breaches above $10k are insufficient since the asset heads back down almost immediately.BTC Between $6k And 10KThe price of the primary cryptocurrency has been on a roller-coaster since the start of the year. It entered the new century at about $7,200, but the bulls quickly took charge and spiked it to above...

From left to right: Eric Berling, Yann Gerardi, Sébastien Krafft, Suzanne Drouet, Reynald Besson, Stéphane Deramaux, Arnaud Salomon, Thomas Swiejkowski, Jingyao Jin, Alexis Metwalli, Rina Neziri, Alexandre Kozma The fintech startup from Geneva has run its first annual shareholders meeting on the blockchain with its shareholders scattered around the world, through its new mobile app Bridge Wallet. A new step toward its ambition to...

In an exciting showcase of the capabilities of Bitcoin’s network, someone has included a message in a specific BTC transaction, welcoming his newborn son to the world.Hello, Noah!In a rather interesting Reddit thread, a user of Bitcoin’s network demonstrated one of the more compelling use cases of its blockchain.“I immortalized the birth of my first child in the best immutable and decentralized database I know of.”As seen in the picture above, the user has sent 0.00104 BTC, worth just shy of...