Crypto news

2020 has been a tumultuous year for the cryptocurrency market so far. Starting off great in the first couple of months, prices collapsed mid-March, largely because of fears induced by the spread of the novel coronavirus (COVID-19).In any case, there is one digital currency that seems to be particularly overlooked and that’s Binance Coin – the native cryptocurrency of the world’s leading crypto exchange and arguably the most active contributor to the industry, in general.Binance Coin (BNB)...

As the novel Coronavirus (COVID-19) pandemic continues to plague the world, what is most needed is an “all hands on deck” approach. Governments, companies, non-profits, entrepreneurs, and individuals are expected to play different roles in the fight against the virus.IBM Launches COVID-19 Blockchain SolutionAmerican multinational technology company, International Business Machines Corporation (IBM), has launched a blockchain-based solution to combat the medical supply shortage in the face of...

The recent attack on the popular Chinese decentralized finance (DeFi) protocol, dForce, may have come to a happy end for customers. The company explained that over 90% of all assets had been distributed back to users in less than 24 hours.dForce Made Whole Its UsersAs Cryptopotato reported last week, an unknown attacker exploited the Chinese DeFi protocol dForce Network. By hacking its lending solution, Lendf.Me, the perpetrator managed to dramatically reduce the total value locked (TVL) in...

Cardano’s price is up by 3.9% but showing weakness in the current 4-hours chart.A correction is likely to play out if Cardano fails to reiterate bullish actions.ADA regained momentum at immediate support, although the price is now roofed at technical resistance.ADA/USD: Cardano Reaches Channel’s ResistanceKey Resistance Levels: $0.0481, $0.05, $0.053Key Support Levels: $0.0441, $0.041, $0.0372ADA/USD. Source: TradingViewCardano has continued to gain momentum following a 35% increase over the...

Tron price is trading in a strong uptrend above the $0.0135 support against the US Dollar.TRX price is likely to continue higher above the $0.0145 and $0.0150 resistance levels.There is a major bullish trend line forming with support near $0.0140 on the 4-hours chart (data feed via Bitfinex).The price could correct a few points, but it is likely to break the $0.0150 resistance level.TRON price is gaining bullish momentum above key levels against the US Dollar, similar to bitcoin. TRX price is...

Ethereum price is currently trading in an uptrend above $190 against the US Dollar.ETH price is likely to continue higher above the $200 resistance level.There is a key ascending channel forming with support near $192 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to find bids near $190 or $185.Ethereum price is showing many positive signs above $190 against the US Dollar. ETH/USD remains in an uptrend and it could soon rally further above...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 870. Heute sprechen wir über folgende Themen: Binance startet eigenen Bitcoin Mining Pool, Institutionen zeigen grosses Interesse an Ethereum & Bitfinex startet Social Trading Plattform Pulse. 1.) Bitcoin Mining Pools mit neuem Player – Binance startet mit eigenem Poolhttps://cryptomonday.de/bitcoin-mining-pools-mit-neuem-player-binance-startet-mit-eigenem-pool/ 2.) Grayscale Daten zeigen, dass Institutionen...

In a recent online seminar, Ernst & Young – one of the Big Four accounting firms across the globe – just explained to all its viewers and listeners how it wants to empower financial ventures and other businesses with the Ethereum blockchain.Ethereum Has a Lot to OfferEthereum is the second largest cryptocurrency in the world. It is one of the primary competitors to bitcoin, but is also still relatively new, having emerged in 2015. Thus, it is younger than Litecoin, which emerged following...

Everybody keeps making such a big deal about how volatile bitcoin has been this year, but the fact is that it’s held up quite well in comparison to many other assets and commodities… including oil.Bitcoin Is Stronger Than Oil Right NowAs we all remember, oil experienced a serious drop last Monday. An expiring futures contract went negative and brought oil prices down below zero for the first time in the industry’s history. This was made even more drastic in the sense that many traders appear...

No doubt, bitcoin has had a very up-and-down year. It initially began in the low $7,000 range – where it ended 2019 – before falling into a high $6,000 position.Bitcoin Is Going to Hit It BigFrom there, political tension between the U.S. and Iran brought the currency to $7,000 all over again, and the currency continued to spike from there. It wasn’t until the coronavirus pandemic struck every global market in early March that the currency began exhibiting bearish behavior. It struck the...