Crypto news

The process of crypto lending has gotten to be quite big. In fact, since the process was first introduced, as much as $8 billion in crypto funds have been borrowed by customers.Crypto Lending Has Gotten Big Over the YearsCrypto lending can be very tricky in that the currencies backing the loans are often vulnerable to volatility and price swings. That’s why companies like Celsius Network – which specialize in building crypto loans for users – never do anything unless the loan is based on a...

A man in New York City has been charged with laundering money through bitcoin. 28-year-old Vitalii Antonenko was arrested in March last year while arriving from the Ukraine to New York’s JFK airport after federal agents linked two bitcoin wallets to him that had been used to launder as much as $94 million in digital funds.Antonenko Will Face Criminal ChargesCrypto crime is no laughing matter. There are many cases seeping their way into the digital finance industry, and the methods used for...

The identity of Satoshi Nakamoto still has many bitcoin and crypto fans everywhere scratching their heads. Who is this man, and why has he never come out to garner the respect and praise he deserves for creating one of the world’s most revolutionary financial tools?Satoshi Nakamoto: The Mystery ContinuesTechnology expert and philosopher Ted Nelson has now emerged to say that he knows darn well who Nakamoto is, and it’s someone nobody’s ever thought of. He’s pointing the finger at Shinichi...

After fighting a legal case for two years, America’s largest bank, JPMorgan Chase will pay $2.5 million to settle a class-action lawsuit over extra fees on cryptocurrency purchases. In 2018, the plaintiffs – Brady Tucker, Ryan Hilton, and Stanton Smith – filed the lawsuit against JPMorgan in a Manhattan federal court, accusing the bank of charging customers additional fees in the form of cash advances for crypto purchases made with Chase credit cards.  JPMorgan Secretly Updated T&CThe...

Ethereum completes a daily 10% price increase, and a 7-day 15% gains, recording a current high of $245.ETH hit resistance at a bearish .786 Fib Retracement before dropping by 2.5% today down to the $235 price region.Against Bitcoin, Ethereum exploded to 0.025 BTC, which is a new 30-day high.Key Support & Resistance LevelsETH/USD:Support: $230, $225, $220.Resistance:$245, $250, $260.ETH/BTC:Support: 0.0245 BTC, 0.024 BTC, 0.0236 BTC.Resistance: 0.0255 BTC, 0.0259 BTC, 0.0263 BTC.ETH/USD –...

The value of ETH stored on its own Ethereum blockchain has been continuously decreasing in the past year, new research shows. While numerous ERC-20 tokens operate on the network, the growth of stablecoins presents the most substantial threat to cause a future “flippening.”ETH’s Role On Ethereum Blockchain DecreasesPer the research provided by Messari’s Ryan Watkins, ERC-20 tokens are rapidly approaching 50% of the total value stored on the Ethereum network.ERC20 Tokens On Ethereum Blockchain....

Over the past days, the Bitcoin price is seeing only one direction, which is in favor of the Bulls. The coin that was trading for $8600 just five days ago is now aiming to re-target the $10K mark. However, will it be so easy?On our most recent BTC analysis from Friday, we pointed out a critical descending trend-line, which started forming once Bitcoin reached the $10K mark for the first time this month (May 7).On both the 4-hour and the following daily chart, you can see this line marked by...

It’s funny how more than two weeks have passed since bitcoin’s famed third halving, and yet people are still talking about it as though it were fresh news. Bitcoin IRA – despite the big gap between now and the occurrence – has unveiled a new report that discusses the company’s alleged findings pertaining to the halving and what traders can expect in the coming future.Bitcoin IRA Reveals Some New DataA halving occurs for bitcoin every four years. The previous two occurred in 2012 and 2016,...

Tension between the U.S. and China is spiking, and many are worried about what will happen with bitcoin.China Is Being Eyed by the U.S.On Thursday, President Trump explained to a room full of reporters that he and fellow regulators are looking into what their options are for dealing with China. The nation is widely blamed for the release of the coronavirus on the world, and Trump is potentially looking to initiate economic strikes against China in the form of further sanctions and tariffs.The...

Litecoin is poised for more gains after moving out from a four-weeks downward range.A break above 0.0050 BTC level would signal strength.The price is currently looking bullish across trading pairs.LTC/USD: Litecoin Aiming To Jump Above $48Key Resistance Levels: $47.68, $50.7, $56Key Support Levels: $44, $42, $39LTC/USD. Source: TradingViewFor the past few days now, the crypto market is rising. The price of Litecoin has shot up 5% over the past hours after breaking out from a downward range –...