Crypto news

A Chinese city known as Ya’an is asking all its bitcoin and crypto miners to use up all its excess hydropower.Ya’an: Use Up Our Water!Ya’an is known as being one of the biggest bitcoin mining hubs in the country of China. It has recently put out a notice telling all crypto miners that there is a surplus of hydroelectrical power, and it wants to see it used up before the summer, which is typically a very rainy season for those living in the area. The rain will provide more water to be utilized...

KFC announced its status as the first quick-service restaurant (QSR) in the MENA region to implement an innovative blockchain platform for its digital advertising and media buying. Ads, the backbone of any direct to consumer business, will have greater transparency through the new blockchain-based framework that KFC will implement.KFC’s Foray Into Blockchain-Enabled Ad BuyingThe digital advertising industry is fraught with conflict of interest. Companies can “fake” impressions and clicks...

Litecoin is currently facing monthly resistance, but the future looks very promising for the bullsAgainst Bitcoin, the price continued to follow a bearish sentiment on a short-term perspectiveIf a rebound fails at the 0.005575 BTC support level, Litecoin may roll back to March lowLTC/USD: Litecoin Stuck At ResistanceKey Resistance Levels: $47.68, $51, $55Key Support Levels: $45.5, $43.4, $39.6LTC/USD. Source: TradingViewWhile most top cryptocurrency recently created a fresh monthly high,...

The good news has arrived, folks. Bitcoin – the number one cryptocurrency by market cap – has broken $7,700 in what looks like a continuation of its recent bullish behavior.Bitcoin Has Shot Up By $200The good news is that the currency is consistently rising and experiencing what appear to be daily spikes. Bitcoin has jumped from $7,500 to about $200 higher since late last week. Everything has been pumping as of late, with assets like Ethereum breaking $190 for the first time in months and...

Chinas Wirtschaft ist in den letzten Jahren stark gewachsen und mittlerweile zur Zweitgrößten der Welt geworden. Wirtschaftsexperten nehmen an, dass China eines Tages eine neue weltweite Ordnung herstellen könnte und die globale Finanzherrschaft an sich reißt. Die chinesische Zentralbank wird Berichten zufolge noch in diesem Jahr eine Kryptowährung auf der Grundlage des Yuan herausgeben. Laut einem...

Taurus Group Die Auswirkungen der Krise scheinen Blockchain-Unternehmen nicht so hart zu treffen wie einige klassische Finanzinstitute. Dass diese trotz der Krise relativ gut abschneiden, belegt das Beispiel um die erfolgreiche millionenschwere Investition, die die Taurus-Group für sich verbuchen konnte. Die Taurus-Group, ein Schweizer Bitcoin-Unternehmen kann eine...

The levels of confidence in European countries in cryptocurrencies are on the rise amid the global impact caused by the COVID-19 pandemic. A recent poll on the matter concluded that 66% of Europeans believe digital assets will still exist and have a role in the next ten years.Europeans Believe In CryptocurrenciesThe poll conducted by the popular cryptocurrency exchange, bitFlyer, surveyed 10,000 people from 10 European countries on their opinion and views on the future of digital...

XRP surged by 6% over the past 24 hours of trading as the coin finally breaches $0.20 and finds $0.22.The cryptocurrency was trapped beneath $0.20 for the past 6-weeks but finally broke this resistance yesterday.Against Bitcoin, XRP found support at 2525 SAT and rebounded to break the long term falling trend line.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...

The most popular video-sharing platform, YouTube, has discontinued the channel of Ripple CTO – David Schwartz for impersonation. Interestingly, the suspension comes only a week after Ripple officially filed a lawsuit against the Google-owned platform.YouTube Strikes Against Ripple CTOYouTube is no stranger to suspending and deleting accounts related to the cryptocurrency industry. Aside from banning digital asset content creators, it seems that the platform is escalating the situation further...

The tech-heavy stock exchange, Nasdaq, has become the latest traditional stock market to adopt blockchain technology in managing digital assets.Nasdaq Partners R3According to a Wednesday report, Nasdaq, through a partnership with R3, will use the Corda ecosystem to create marketplaces for the issuance, trading, settlement, and management of digital assets.R3 is an enterprise blockchain technology company. The firm delivers Corda, a next-generation platform powered by industry-leading...