Crypto news

Binance – the world’s largest and most popular cryptocurrency exchange by trading volume – has issued a new report praising Libra.Libra Gets Touted by a Major ExchangeThe exchange refers to Libra as a “gamechanger” in the payments industry and believes that it could potentially bring financial services to people who would otherwise always be cut out by banks and traditional finance institutions. The report explains:It is important to note that there are very few payment systems, and most of...

Some of the most popular cryptocurrency-related channels on YouTube indicated that the giant video platform is shadowbanning Bitcoin videos. Several YouTubers complained that the new practice began two days ago, which coincides with a recent core update from Google.YouTube Reportedly Shadowbanning Bitcoin VideosThe most widely used video-sharing platform has a continuous quarrel with cryptocurrency content creators. The so-called “Crypto Purge” popped initially late 2019, when YouTube began...

The Libra Association has garnered a new addition to its family in the form of Checkout.com.Libra Is Growing AgainThe company announced last Tuesday that it would step aboard the Libra Association and serve as a governing member. In the future, Checkout.com will serve as one of the Libra leaders and help the organization assert governing regulations for how the currency can be used and what it can be used on.In a statement, the company announced:The Libra project holds the promise of...

Despite the ongoing correction, Link remained relatively stable today.The price is likely to bounce back if the channel’s lower boundary continues to act as support.Chainlink would continue to correct downward as long as selling volume increases in the market.LINK/USD: Chainlink Struggles Under $4Key Resistance Levels: $4, $4.5, $4.98Key Support Levels: $3.47, $3, $2.63LINK/USD. Source: TradingViewSince our previous analysis, Chainlink continued to trade sideways after reaching an 8-week high...

Andreessen Horowitz (a16z) – a well-known venture capital firm – has announced it will be creating a second fund devoted entirely to digital currencies.a16z Creates Fund Number TwoThe company says it’s looking to center its focus on new use cases for digital assets including decentralized finance, payment systems and content monetization. The firm first gave rise to a cryptocurrency fund back in June of 2018. Approximately $300 million was invested in it. This second fund will be worth more...

New-York based crypto lending startup BlockFi has hired two traditional finance executives in a move to expand both its institutional and consumer-facing products. The company, which announced a $30 million funding round in February, on Tuesday, revealed Wittney Rachlin as its new chief growth officer, and David Olsson is its global managing director.Olsson To Lead BlockFi’s Pushing To Win More Business In EuropeIn the announcement regarding its $30 million funding, the company said it had a...

Ethereum saw another 1% price decline today as it falls to $203.The coin struggled with the resistance at $220 during the weekend, which caused it to roll over.Against Bitcoin, Ethereum has been struggling heavily as it crashed into the 200-days EMA support at 0.0227 BTC.Key Support & Resistance LevelsETH/USD:Support: $200, $194, $188.Resistance: $211, $220, $225.ETH/BTC:Support: 0.0227 BTC, 0.0223 BTC, 0.022 BTC.Resistance: 0.0236 BTC, 0.024 BTC, 0.0247 BTC.ETH/USD: Ethereum Battling To...

Binance CEO Changpeng Zhao (CZ) and Brave Software co-founder and CEO Brendan Eich said in a live stream earlier today that the partnership between the two will continue with new developments. Both companies plan to introduce Binance Coin (BNB) and Binance USD (BUSD) as new additions to the Brave Browser Rewards system.Brave Browser To Add BNB and BUSDAs Cryptopotato reported a few months back, the leading cryptocurrency exchange announced a partnership with Brave Software. By embedding a...

Swisscom erreicht beim europaweiten Mobilfunknetztest-Vergleich des Fachmagazins connect den dritten Platz hinter Telia Schweden und Vodafone Niederlande. Swisscom liegt auch in diesem Test vor ihren Schweizer Mitbewerbern. connect hat einen Vergleich von Qualität und Leistung europäischer Mobilfunkanbieter durchgeführt und dabei Daten von 94 Mobilfunkanbietern aus 28 Ländern ausgewertet. Swisscom...

Italian banks are now looking to cut their cost of operations with the help of a distributed ledger technology (DLT) application. According to a Tuesday report, the central bank of Italy, known in Italian as Banca d’Italia has been working behind the scene to integrate blockchain into the country’s core banking system.Reducing Operational Cost With DLTThe initiative is promoted by the Italian Banking Association (ABI), one of Italy’s oldest banking associations founded in 1919. Dubbed “Spunta...