Crypto news

The First State Bank in Barboursville, West Virginia, is amongst the first financial entities to shut down operations during the COVID-19 outbreak. The Federal Deposit Insurance Corporation (FDIC) announced the news yesterday, noting that it has brokered the sale to MVB Bank.West Virginia Bank Shutting DownThe West Virginia state regulator closed the First State Bank in Barboursville yesterday. The FDIC was appointed receiver and later brokered the sale of all assets and all four branches to...

Tesla has begun to retrench its contract workers in the U.S. But not all news from Tesla can be viewed as negative. TSLA stock is in the green while stocks of many other companies are down.Even as Tesla Inc (NASDAQ: TSLA) stock continues to soar, the electric car manufacturer has begun retrenching contractors at its U.S. car and battery plants. Reportedly, the firm is cutting down the number of contractors from its workforce in its factory across many states alongside where they make battery...

Revolut’s cryptocurrency Services are coming earlier than planned due to the fallout in the global economy as more countries undertake quantitative easing.Revolut cryptocurrency services are now available to all users of the platform. The fintech firm has decided to allow access to its cryptocurrency trading platform earlier than previously planned. The economic fallout of the COViD-19 situation hasn’t abated and as a result of this, Revolut is making its services available to all users on...

Place/Date: - April 4th, 2020 at 10:08 am UTC · 3 min read Source: AK Antimatter Kingdom If give you a chance to buy ETH at 0.1U, can you catch it?If give you another chance to buy BTC at 1U, can you catch it again?“I can”“No, you can’t, just like the AK in front of you”All opportunities are born in turbidity, and gone in clarity.When scientific and financial scholars from various countries around the world lamented the advanced technology and system of CXC, CXC has already marched towards...

The past days were promising for Bitcoin: After finally succeeding in breaking the $6800 resistance mark, Bitcoin price had seen a decent run of $400 to the reach $7236 as the highest price since the March 12 collapse.As mentioned in our previous price analysis, while Bitcoin was trading around $6700: “we already identify bullish divergence, which can fuel the next move above.”The overall setting looks bullish on the 4-hour chart, going through healthy higher-lows trajectory. However, the...

Binance – arguably the largest and most popular crypto trading platform in the world in terms of market volume – has purchased the crypto data firm CoinMarketCap.com for approximately $400 million.Binance Has Engaged in a Big BuyWhile the deal is not fully set in stone, an announcement is expected to be made by the end of this week or no later than early next week. Binance CEO Changpeng Zhao teased the merger earlier in the year, explaining to users via newsletter:As the saying goes, when you...

Place/Date: - April 3rd, 2020 at 8:29 pm UTC · 4 min read Source: ARCS Chain In a time when data privacy has become scarce and corporations around the globe exploit their customers for their profits, IFA’s ARCS chain brings an ecosystem where personal privacy is precious and users get a fairer distribution of profits made from their personal data. Basically, the ARCS chain is a proprietary blockchain for data banking infrastructure which enables unified management of user data which allows...

Bitcoin IRA, a company that allows people to add cryptocurrencies like bitcoin, Ethereum and bitcoin cash to their retirement portfolios, has announced that it is adding physical gold to its list of buyable and tradeable assets.Bitcoin IRA Gives Gold to Its CustomersGold has been at the center of much controversy as of late. Many considered bitcoin a version of “digital gold” in that it is widely looked at as a potential “safe haven” asset – something that will potentially allow buyers and...

Bitcoin had a relatively good week of trading as it recorded its highest price since the coronavirus crisis began in March. Yesterday, BTC peaked at above $7,200, marking an impressive daily run that sent the entire cryptocurrency market well in the green. The majority of altcoins were also charting double-digit increases.Since then, Bitcoin’s price retraced to where it currently sits at about $6,750. The important level to look for right now appears to be $7,000, and if the bulls manage to...

Switchere, a new player in the crypto world, is actively developing in Europe where it has a huge customer base and penetrating the Asian market as well.A new crypto exchange by the name Switchere is not only developing fast but also gaining a huge customer base in Europe. Although entering a market with huge competition, it has grown fast to see its services reach the Asian market, which has a very large number of crypto enthusiasts.The crypto exchange is offering transparency and...