Crypto news

Wirecard, a company whose subsidiary issues Crypto.com’s MCO Visa card and TenX’s Visa Debit Card, has filed for insolvency. This comes after it was reported that auditor Ernst & Young was unable to confirm that $2.1 billion appeared on the company’s trust accounts, and its former CEO was arrested.Wirecard Files for InsolvencyAs CryptoPotato reported earlier this month, auditing company Ernst & Young was unable to confirm that $2.1 billion appeared on Wirecard’s trust accounts.Shortly...

Hey Informanten, willkommen zur Bitcoin-Informant Show Nr. 911. Heute sprechen wir über folgende Themen: Ethereum Scam Whale Alert, Kurant erlangt Bitcoin Automat Marktführerschaft in Europa & FC Barcelona Fan Token Erfolg. Die einfachste Art Bitcoin zu kaufen und verkaufen – Kostenloses Deutsches Bankkonto inkl. Masterkarte und Bitcoin/Ethereum Wallet und 35 Euro Starterbonus – https://bit.ly/Bitwala-Bitcoin-kaufen [embedded content] 1.) Ethereum Scam Whale Alert – PlusToken...

Two days ago, when everyone was bullish watching Bitcoin’s astonishing move breaking above the $9400 towards the $9800 in a matter of hours, we mentioned the importance of the $9800 level.That level created another touch in the descending trend-line, which is marked yellow on both charts below. This was the ninth (!) attempt to break that tough resistance. Guess what? Nine attempts – zero success (aside from the fake-out on June 1st).When you don’t score, the other team will. And when Bitcoin...

Litecoin price started a sharp decline after it failed to clear the $45.00 resistance against the US Dollar.LTC price is now trading well below $43.50 and the 55 simple moving average (4-hours).There is a major bearish trend line forming with resistance near $44.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of another decline if it fails to stay above $41.00 and $40.00.Litecoin price is trading in a bearish zone against the US Dollar, similar...

A new report informed that the New York State Department of Financial Services (NYDFS) had proposed new licensing rules that could ultimately facilitate companies to engage in any cryptocurrency business in the state.NYDFS to Ease Crypto BusinessThe New York Post reported earlier today that New York’s regulator is asking for the public’s opinion about the proposed legislation, which could ease the regulations on cryptocurrency-related business operations. Locals have until August 10th to...

New Zealand law enforcement authorities claim to have seized more than $90 million in bitcoin funds from the now 39-year-old Alexander Vinnik, the alleged fraudster who’s accused of stealing billions of dollars in crypto from unsuspecting victims through the now defunct BTC-e cryptocurrency platform.Alexander Vinnik Sees His Money TakenVinnik’s crimes apparently date back to the year 2011. The United States has sought his extradition on charges of computer fraud, computer hacking and drug...

As of late, bitcoin appears to be doing rather well for itself. The currency recently rose to the $9,600 mark, meaning that it’s surpassed present resistance and gained more than $300 in roughly 48 hours. However, according to some analysts, bitcoin is still in a position of heavy struggle, and not doing as well as it seems.Bitcoin Is Still StrugglingWhile the asset has indeed risen beyond what analysts originally thought it was capable of, many agree that the currency hasn’t “broken out.”...

A rumor is circulating that PayPal and other payment processors are looking to pledge support for bitcoin in the coming weeks. PayPal is being joined by Venmo, and the result is bitcoin appears to have surged by another $300 at the time of writing.PayPal and Bitcoin to Join Hands?Just 48 hours ago, the world’s number one digital currency by market cap was trading in the $9,300 range. However, now the currency is selling for well over $9,600. The jump was likely sparked by the sentiment that...

XRP saw a small 1.5% price drop over the past 24 hours as it fell to $0.184.The cryptocurrency has returned to the lower boundary of a descending triangle and looks to be headed beneath.Against Bitcoin, XRP dropped beneath 2000 SAT to reach 1950 SAT and creates fresh lows for 2020.Key Support & Resistance LevelsXRP/USD:Support: $0.175, $0.171, $0.157.Resistance: $0.192, $0.20, $0.207.XRP/BTC:Support: 1950 SAT, 1900 SAT, 1890 SAT.Resistance: 2022 SAT, 2050 SAT, 2100 SAT.XRP/USD: XRP Bulls...

Bitcoin suffered a 3% price drop on Wednesday, coinciding with the largest flow of BTC from miners to exchanges in over a year.BTC Flows From Miners to ExchangesThat’s according to data from blockchain analysts at Glassnode, which showed a huge transfer of 2,650 BTC going from Bitcoin miners to the Bitfinex exchange on Tuesday. Seen below, that equates to the largest transfer of BTC from miners to exchanges since March 26, 2019.The last time such a large volume of BTC moved from miners to...