Crypto news

Bitcoin intelligence, data, and analytics firm Glassnode found the Bitcoin hash rate hit a new all-time high over the weekend, ten days before the Bitcoin halving event.In other words, miners are putting more computational power into maintaining the Bitcoin network. Because miners must venture electricity and capital intensive computer processors to mine Bitcoin, the increase in hash rate is a bullish sign. It means miners are after the Bitcoin rewards they get from maintaining the network....

Ripple price is currently correcting lower from the $0.2358 swing high against the US dollar.The price is likely to find a strong support on the downside near $0.2000.There is a major bullish trend line forming with support near $0.2085 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair could start a fresh upward move if it clears the $0.2155 resistance area.Ripple price is currently correcting from the last week high against the US Dollar. XRP price must stay above...

A Norwegian billionaire named Tom Hagen is now in prison and being prepared for questioning in his wife’s murder. Hagen is a real estate mogul who reported that his 69-year-old wife was kidnapped in late 2018. The kidnappers were allegedly asking that he fork over $10 million in Monero funds if he ever wanted to see his wife again.Hagen May Have Been InvolvedHagen, age 70, reported that he came home one night to find the ransom note in the couple’s bathroom asking for the money. The note was...

Blockchain technology could assist with adjusting and improving current technical challenges in the expanding business of commercial drone delivery, said the US Department of Transport (DOT).Distributed ledger technology could see utilization in different sectors, from security and identification to flight data recording.Commercial Drones: Growth And ChallengesAccording to a research paper from the US Department of Transport, the estimated number of Unmanned Aircraft Systems (UAS) was roughly...

Bitcoin IRA – a retirement services firm in Los Angeles that allows people to invest in digital currencies like bitcoin, Ethereum and bitcoin cash – has published a new e-book explaining why it’s important to have gold added to one’s portfolio.Bitcoin IRA – Gold Is Very ImportantGold is often considered one of the most stellar assets one can own. A precious metal, gold has proven itself resistant to economic turmoil and often remains stable during crises. While stocks and crypto fell terribly...

Many analysts believe that the price of bitcoin could potentially reach $10,000 before the halving is set to occur.Could Bitcoin Spike It Big All Over Again Soon?If that’s the case, bitcoin would need to spike to the five-figure range in less than two weeks. Can it be done? Is this enough time for the asset to truly make its mark?The last time bitcoin was trading in the $10,000 range was last February. This held for a few weeks and then the currency fell victim to the hazards of the market as...

Ethereum saw a 1% price decline over the past 24 hours of trading as it drops to the $210 price area.The cryptocurrency was recently struggling at the $220 level.Against Bitcoin, Ethereum dropped into the 0.0236 BTC support earlier today.Key Support & Resistance LevelsETH/USD:Support: $211, $203, $200.Resistance: $220, $225, $245.ETH/BTC:Support: 0.0236 BTC, 0.023 BTC, 0.0226 BTCResistance: 0.024 BTC, 0.0247 BTC, 0.025 BTCETH/USD – Ethereum Struggling at $220Ethereum dropped by 1% today...

According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%.At the same time, BitMEX’s leadership position in the field has been challenged by Huobi, OKEx, and Binance.Derivatives On The RiseAnd amid the most apprehensive days of uncertainty prompted by the eventual aftermath of the COVID-19, the cryptocurrency market went through a substantial losses. Most assets plunged by as much as 50% in mid-March.During these times of hyper...

The recent Bitcoin price increases, and the upcoming halving have brought back media attention. CNBC recently explained the upcoming halving and made a bold prediction claiming that BTC could surge soon.CNBC Believes Bitcoin Will SurgeBitcoin made an appearance on CNBC’s Fast Money on Friday following the recent price surge. Crypto-friendly expert, Brian Kelly, outlined his views on the current situation and explained the halving:“As the whole world is quantitative easing (QE), Bitcoin is...

Zwischen Unterstützung und «neuer Normalität»: KMU und Finanzplatz in Zeiten von Corona. Mit dem Podcast «Stimmen des Finanzplatzes» will die SBVg einen neuen Kanal etablieren, der Entwicklungen und Ereignisse thematisiert, welche den Finanzplatz Schweiz beschäftigen. Akutell wurde ein Podcast zum Thema Corona-Krise live geschaltet: Zwischen Unterstützung und «neuer...