HDR Global Trading Limited, the owner of leading derivatives platform and crypto exchange, BitMEX, has announced its support in the fight against the novel Coronavirus (COVID-19) pandemic through a COVID-19 Response Fund that is worth millions. As of Monday morning, April 20, the number of confirmed cases of the pandemic across the world has reached 2,414,098 with 165,153 deaths. The figures continue to surge as researchers and scientists are still struggling to solve the COVID-19 challenge...
Read More »14 Chinese Men Arrested Near Singapore For Operating A Cryptocurrency Scam
Another cryptocurrency-related scam led to the arrest of 14 Chinese men near Singapore. By impersonating successful investors, the perpetrators tricked victims using chat groups in popular Chinese messaging apps into sending them digital assets. 14 Chinese Men Arrested For A Crypto Scam According to a recent local report, the Chinese men conducted the fraudulent operation for at least two months. Authorities were surveilling the group for the past several weeks. They made the arrests On...
Read More »Stellar Lumen (XLM) Price Surging and Primed To Test $0.06
Stellar lumen price is currently gaining bullish momentum above the $0.0500 resistance area against the US Dollar.XLM price is likely to accelerate gains above the $0.0520 and $0.0550 resistance levels.There was a break above a major bearish trend line with resistance near $0.0490 on the 4-hours chart (data feed via Kraken).The pair is showing a lot of bullish signs above the $0.0500 support and the 55 simple moving average (4-hours).Stellar lumen price is trading in a strong uptrend against...
Read More »#864 Ethereum DeFi Hack 25 Millionen, 3 Anzeichen für Absturz von BTC & Bitcoin Kurzfilm
Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 864. Heute sprechen wir über folgende Themen: 25 Millionen Ethereum DeFi Hack bei Lendf und dForce, Drei Anzeichen für einen bevorstehenden Absturz von Bitcoin & Bitcoin Kurzfilm. 1.) Ethereum DeFi Hack bei Lendf und dForce – 25 Mio. USD in ETH und BTC weghttps://cryptomonday.de/ethereum-defi-hack-bei-lendf-und-dforce-25-mio-usd-in-eth-und-btc-weg/ 2.) Drei Anzeichen für einen bevorstehenden Absturz von...
Read More »Ripple Price Analysis: Bulls Aim More Upsides Above $0.20
Ripple price is currently trading in a positive zone above the $0.1880 support area against the US dollar.The price is likely to resume its rise above the $0.1965 and $0.1985 resistance levels.There was a break above a major declining channel with resistance near $0.1905 on the 4-hours chart of the XRP/USD pair (data source from Bittrex).The pair is consolidating in a range and likely setting up for a break above the $0.2000 resistance.Ripple price is trading in a bullish zone above $0.1880...
Read More »Opinion: Fed President Calls On Banks to Cancel Dividends, Is It Time for Cryptocurrencies?
Minneapolis Federal Reserve President Neel Kashkari wrote Thursday that banks should cancel dividends and sell shares to raise cash. Kashkari said these measures would be necessary to create a cash buffer going into a potentially drawn-out recession. Because should the banks fail to have enough cash on hand, a wave of defaults could trigger a financial crisis. Kashkari wrote: “The most patriotic thing they could do today would be to stop paying dividends and raise equity capital, to ensure...
Read More »Nicholas Pelecanos: Bitcoin Could Fall By 50 Percent
Per some analysts, bitcoin may be headed into very bearish territory. As it stands, the world’s number one cryptocurrency by market cap is trading for over $7,200 at the time of writing, but some believe the asset is about to take a turn for the worse and could lose as much as 50 percent of its value.Bitcoin Could Find Itself Falling HeavilyBitcoin has already lost thousands off its price in the past two months. In mid-February, BTC was trading for well over $10,300, meaning its current price...
Read More »The BTC Halving Could Cause a 12-Month Price Spike
Bitcoin is set to undergo a major halving in the next few weeks, and this has sparked several questions amongst both analysts and everyday traders alike.The Halving Could Do a Lot for BTCOne of the big questions regarding bitcoin’s future after the halving revolves around whether it will be possible to perform a 51 percent attack on the world’s number one cryptocurrency by market cap. While bitcoin is the largest and most powerful digital currency and likely won’t fall victim to such a...
Read More »Bitcoin Options Trading Has Surged in the Past Four Weeks
Today marks a solid change for the bitcoin price. At the time of writing, the world’s number one cryptocurrency by market cap has jumped into the $7,200 range – a solid $200 boost from where the currency last stood.Bitcoin Options Trading Is GrowingA lot of analysts are attributing this little surge to the fact that bitcoin options trading appears to have spiked in the last 48 hours. Over the past couple of days, many major exchanges – including Bakkt, OXEx and CME Group in Chicago – have...
Read More »Ripple Price Analysis: XRP Fails To Reach Critical Level of $0.20, Lower Targets Coming Up?
XRP saw a 2.5% price decline today as the cryptocurrency drops back towards the $0.19 level. It attempted to push toward the $0.20 level yesterday but got rejected at $0.196. Against Bitcoin, XRP also dropped beneath support at 2680 SAT as it heads toward 2650 SAT support. Key Support & Resistance Levels XRP/USD: Support: $0.18, $0.171, $0.165. Resistance: $0.191, $0.2, $0.208. XRP/BTC: Support: 2650 SAT, 2600 SAT, 2560 SAT. Resistance: 2710 SAT, 2750 SAT, 2800 SAT. XRP/USD – Ripple...
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