Crypto news

At the time of writing, bitcoin – the world’s number one cryptocurrency by market cap – is continuing its bullish behavior and getting even closer to the $10,000 mark it enjoyed last February. At press time, the asset is trading for a whopping $8,850, though it briefly sailed past the $9,000 mark early yesterday morning.Bitcoin Is Getting Bigger and BiggerThe currency is setting new boundaries for itself after the U.S. has agreed to several new aid packages for both workers and businesses...

BitcoinBitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension).This price increase is not surprising because the Bitcoin block halving event is just a short 10-days away.If the buyers continue to push above the current $8,870 level,...

Ethereum increased by 4% today to reach the $215 level again.The cryptocurrency dropped yesterday to reach $200 but quickly rebounded.Against Bitcoin, Ethereum fell beneath the lower boundary of the previous range as it drops beneath 0.0239 BTC.Key Support & Resistance LevelsETH/USD:Support: $210, $200, $187.Resistance: $225, $230, $245.ETH/BTC:Support: 0.0239 BTC, 0.0236 BTC, 0.023 BTC.Resistance: 0.0247 BTC, 0.025 BTC, 0.026 BTC.ETH/USD: Ethereum Finally Breaks $200.Ethereum was...

Ethereum investors have been accumulating and holding substantial amounts lately. More than 77% of ETH in externally owned accounts (EOAs) has not moved in the past six months, new data revealed.Ethereum Investors Hodl And AccumulateThe price of Ethereum, similarly to most cryptocurrencies, went through violent turbulence lately. Starting 2020 at about $131, reaching a yearly high of $290, and then succumbing to the mid-March sell-offs caused by the COVID-19 pandemic and bottoming at...

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Ripple, one of the leading cryptocurrency projects, oriented mainly towards facilitating cross-border payments and settlement, has seen an 85% decrease in its total sales for the first quarter of 2020.Total Ripple Sales Decrease By 85%Ripple released its quarterly report yesterday and revealed some interesting insights and statistics.Per the document, the company has seen a serious decrease in its total sales compared to the last quarter of 2019. During the last three months of the previous...

Bitcoin cash price rallied to a new monthly high at $276 before correcting lower against the US Dollar.The price found support near $250 and it is currently preparing for a fresh increase.There is crucial bullish trend line forming with support near $250 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh rally once it clears the $260 resistance area.Bitcoin cash price is trading in a nice uptrend above the $250 level against the US Dollar....

Staking ist der Prozess des Haltens von Geldern in einer Kryptowährungs-Wallet, um die Operationen eines Blockchain-Netzwerks zu unterstützen. Im Wesentlichen besteht es darin, Kryptowährungen zu sperren, um Belohnungen zu erhalten. In den meisten Fällen basiert der Prozess darauf, dass Benutzer an Blockchain-Aktivitäten über eine persönliche Krypto-Wallet teilnehmen, wie z. B. die Trust Wallet. Das Konzept des Staking ist eng mit dem Proof of Stake (PoS) Mechanismus verbunden....

Invite Code: 944WVDQ4 Starting May 2, 2020, Poloniex customers who hold BTT or WIN in their wallet will be eligible for staking rewards. Both BTT and WIN will have an annual yield of 10% for staking rewards. With no lock-up period, you’re free to trade, deposit, or withdraw BTT and WIN throughout the day. Just make sure your BTT or WIN is back in your Poloniex wallet at the...

Several cryptocurrency exchanges are looking to build their own blockchains, which means that somewhere down the line, we’re likely to see the birth of several crypto exchange-birthed tokens.Exchanges Are Making Their Own BlockchainsSome trading platforms have already made this goal a reality. Binance, for example, is the largest and most popular cryptocurrency exchange by volume. The asset trading company has given rise to both Binance Coin (BNB) and Binance USD (BUSD), which is the...