Crypto news

Jack Dorsey’s love letter to bitcoin fans isn’t the ‘poetry’ that everyone thinks it is. The Twitter CEO’s Square Cash app stands to benefit more than the average cryptocurrency user. Bitcoin’s ridiculously high transaction fees make it an implausible candidate for an everyday global currency. According to Twitter CEO Jack Dorsey, bitcoin is poised to become the native currency in a new global internet-based economy. But Dorsey’s latest love letter to bitcoin on a recent episode of the Lex...

Twitter and Jack Dorsey have long claimed to be advocates of both bitcoin and cryptocurrencies in general, but according to some leading members of the digital community, this may not be the case.Twitter Is Fighting Members of the Crypto CommunityMike Dudas – a tech investor and founder of crypto analysis website The Block – claimed that Dorsey is in the process of” shadow banning” him. In other words, Twitter doesn’t have the guts to tell him face-to-face that he’s being banned, and that his...

Bitcoin rose more than 15 percent in one day. The behavior, while very much welcome, is also quite odd, and many analysts are wondering what could have caused the world’s number one digital currency by market cap to experience such a massive surge so quickly.Bitcoin Is Back in Bullish HandsWhile the asset is presently trading for as a much as $8,800 – a price that is certainly solid in most traders’ eyes considering just 1.5 months ago, the currency was trading in the high $3,000 range –...

Bitcoin is currently trading for over $8,800, but during yesterday’s early morning hours, the currency ultimately spiked beyond $9,000 for the first time in well over two months. Now that bitcoin has fallen somewhat, analysts are trying to figure out what may have happened.Bitcoin Has Taken a FallThe sentiment is that a massive selloff occurred once bitcoin reached this point. It’s an unfortunate fact to consider; the idea that bitcoin gains a bit of momentum and all anybody can think to do...

XRP saw a strong 13.5% price increase this week as the coin pushes above $0.22The cryptocurrency faces resistance at $0.228, where lies the 200-days EMA.Against Bitcoin, XRP as struggling toward the end of April after creating a fresh monthly low at 2400 SAT.Key Support & Resistance LevelsXRP/USD:Support: $0.217, $0.21, $0.208.Resistance: $0.228, $0.24, $0.245.XRP/BTC:Support: 2700 SAT, 2680 SAT, 2620 SAT.Resistance: 2750 SAT, 2800 SAT, 2850 SAT.XRP/USD: Ripple Must Break 200-days EMA To...

E-commerce stores saw a 50% increase in bitcoin-based purchases of cannabis and video games during the pandemic lockdown. Coronavirus has revealed people’s priorities, as general digital product sales take a fall. Bitcoin, stoners and gamers–the holy trinity of overlapping essentials amid this lockdown? Stoners and gamers have turned to Bitcoin during the coronavirus lockdown, as web-based sales of both ‘essentials’ increased during the pandemic. Revenue for video game and cannabis sales...

Auf Twitter meldete sich ein Investment Manager und gab bekannt, dass seine Kunden Interesse am Bitcoin verlieren, nachdem sie mit ihren JP Morgan und Goldman Sachs Beratern gesprochen haben. Er glaubt, die beiden Investmentbankern raten ihren Kunden davon ab, in den BTC-Markt einzusteigen.Bitcoin News: JP Morgan und Goldman Sachs raten Kunden von Bitcoin Kauf abHierbei handelt es sich um Adam Pokonicky, der Partner der Investment-Management Firma für Digitale Assets (DAIM) ist:I have a...

Tether, the issuer of the dollar-pegged stablecoin USDT, is in the limelight again as the company’s treasury minted fresh USDT worth more than a billion dollars in a single month.Tether Mints 1.6B USDT in April.From April 1, 2020, to April 30, accumulated records from Whale Alert, a platform that tracks large crypto transactions from and to exchanges, revealed that the Tether Treasury printed a total of 1.58 billion USDT worth just shy of $1.59 billion.Tether minted 480 million USDT tokens in...

This past week was a blessing for the price of Bitcoin. The primary cryptocurrency was trading around $7500 just a week ago, while the highest of the past week reached over $9400.Only ten days left until the anticipated Bitcoin halving event, and so far, it seems like BTC fires its engines. As of writing these lines, the coin is safely maintaining the $8800 price zone.If we look at the macro level, since breaking out from the $7800 – $8000 region, a zone which was consisted of some...

Requirements of governments to undergo verification procedures KYCAML play into the hands of a variety of criminal groups. Today, ordinary criminals has become high-tech gangsters and extortionists often team up with hackers and gain access to users personal and financial information. Using a blockchain analyzer, it will not be difficult for a professional hacker to indicate your cryptocurrency wallets that will lead him to your email address and real physical location. Then...