Crypto news

Despite the ongoing correction, Link remained relatively stable today.The price is likely to bounce back if the channel’s lower boundary continues to act as support.Chainlink would continue to correct downward as long as selling volume increases in the market.LINK/USD: Chainlink Struggles Under $4Key Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewSince our previous analysis, Chainlink continued to trade sideways after reaching an 8-week high...

Andreessen Horowitz (a16z) – a well-known venture capital firm – has announced it will be creating a second fund devoted entirely to digital currencies.a16z Creates Fund Number TwoThe company says it’s looking to center its focus on new use cases for digital assets including decentralized finance, payment systems and content monetization. The firm first gave rise to a cryptocurrency fund back in June of 2018. Approximately $300 million was invested in it. This second fund will be worth more...

New-York based crypto lending startup BlockFi has hired two traditional finance executives in a move to expand both its institutional and consumer-facing products. The company, which announced a $30 million funding round in February, on Tuesday, revealed Wittney Rachlin as its new chief growth officer, and David Olsson is its global managing director.Olsson To Lead BlockFi’s Pushing To Win More Business In EuropeIn the announcement regarding its $30 million funding, the company said it had a...

Ethereum saw another 1% price decline today as it falls to $203.The coin struggled with the resistance at $220 during the weekend, which caused it to roll over.Against Bitcoin, Ethereum has been struggling heavily as it crashed into the 200-days EMA support at 0.0227 BTC.Key Support & Resistance LevelsETH/USD:Support: $200, $194, $188.Resistance: $211, $220, $225.ETH/BTC:Support: 0.0227 BTC, 0.0223 BTC, 0.022 BTC.Resistance: 0.0236 BTC, 0.024 BTC, 0.0247 BTC.ETH/USD: Ethereum Battling To...

Binance CEO Changpeng Zhao (CZ) and Brave Software co-founder and CEO Brendan Eich said in a live stream earlier today that the partnership between the two will continue with new developments. Both companies plan to introduce Binance Coin (BNB) and Binance USD (BUSD) as new additions to the Brave Browser Rewards system.Brave Browser To Add BNB and BUSDAs Cryptopotato reported a few months back, the leading cryptocurrency exchange announced a partnership with Brave Software. By embedding a...

Swisscom erreicht beim europaweiten Mobilfunknetztest-Vergleich des Fachmagazins connect den dritten Platz hinter Telia Schweden und Vodafone Niederlande. Swisscom liegt auch in diesem Test vor ihren Schweizer Mitbewerbern. connect hat einen Vergleich von Qualität und Leistung europäischer Mobilfunkanbieter durchgeführt und dabei Daten von 94 Mobilfunkanbietern aus 28 Ländern ausgewertet. Swisscom...

Italian banks are now looking to cut their cost of operations with the help of a distributed ledger technology (DLT) application. According to a Tuesday report, the central bank of Italy, known in Italian as Banca d’Italia has been working behind the scene to integrate blockchain into the country’s core banking system.Reducing Operational Cost With DLTThe initiative is promoted by the Italian Banking Association (ABI), one of Italy’s oldest banking associations founded in 1919. Dubbed “Spunta...

Polls surveying over 15,000 people suggest that the majority believe Bitcoin’s price is likely to dump as the halving happens and skyrocket later on. This coincides with the behavior of the cryptocurrency following the previous halvings.Mooning Postponed, Bitcoin Will Dump At HalvingA few well-known members of the cryptocurrency community recently initiated polls to see what do users think will happen to Bitcoin’s price at and after the upcoming halving.The first poll cited the halvings of...

A new analysis implies an inverse correlation between the price of Bitcoin and the total supply of USDT on cryptocurrency exchanges. According to it, the declining amount of Tether sitting on exchanges could soon propel another increase in BTC’s price.Bitcoin’s Price Related To USDT On Exchanges?New data compiled by the cryptocurrency monitoring company, Santiment, relates the movement of Bitcoin’s price over the past three months to the total supply of USDT on exchanges.BTC Price/USDT On...

Die TenX-Karte samt App bietet das Rund-um-Sorglos-Paket für Krypto-Fans und solche, die sich noch überzeugen müssen. Die kürzlich erschienene VISA-Karte von TenX soll den Erwerb von Bitcoins einfacher machen. Lohnt es sich, jetzt noch in den Markt der Kryptowährungen einzusteigen? Das Nischendasein ist beendet Aktuell ist es für viele Menschen schwer, Bitcoins zu kaufen oder...