Crypto news

At the beginning of 2019 around $1.92 million of ETH was locked into DeFi, by the end of the year, this had risen to almost $3 million in Ethereum.Launched in 2015, the cryptocurrency Ethereum (ETH) is the go-to digital currency for smart contracts. While cryptocurrencies such as Bitcoin are used to transfer currency from one person to another, Ethereum can be described as highly programmable digital transactions that take place when certain conditions are met.It has a current circulating...

Last week’s massive Bitcoin sell-off that drove its price to below $4,000 came from short-term holders, new data shows. Long-term holders, on the other hand, are not moving or selling their BTC assets, at least for now.New Players Sold Their BTCMarch 12th-13th this year later became known as one of the worst trading days in the cryptocurrency market. Bitcoin, and most alternative coins, decreased by as much as 50% in less than 24 hours after extensive sell-offs.According to a report compiled...

Evidence shows that whales are buying the massive bitcoin dip. Bitcoin’s digital gold narrative was crushed in the recent selloff. If whales are indeed buying the dip, bitcoin can eventually regain its digital gold status. Bitcoin has wiped out many traders over the last few days. The intense selloffs coupled with extreme volatility are shaking weak hands out. We know this because the average lifespan of coins that moved in March is around one month. This suggests that those who bought...

Coinbase Card, Google Pay are uniting as one to increase the liquidity of cryptocurrencies and offer a new set of convenient payment options to customers. Coinbase users will have the chance to use their cards in many more jurisdictions.Per the official Coinbase blog, users of Android devices can connect their Coinbase Card to Google service now. The Visa-based debit card receives payments from cryptocurrency origin and spends fiat. Google allows Coinbase to become the first exchange in the...

Ripple is plotting a fresh rally, waiting for a triangle breakout to set mode on the 4-hours chart.Against Bitcoin, the price is struggling in consolidation following a sharp drop from a crucial resistance level of 3000 SAT.If XRP reverses its trend, the price is likely to hit $0.20 resistance on a short-termXRP/USD: Ripple Formed Symmetrical TriangleKey Resistance Levels: $0.17, $0.20Key Support Levels: $0.128, $0.11XRP/USD. Source: TradingViewOver the past few days, the entire crypto market...

Market analysts claim that Bitcoin price could return to $14,000 levels because halving is as unstoppable as coronavirus and causes an increase in Bitcoin’s scarcity.At the time of writing, Bitcoin price was reaching $5,300 levels, which means that the possible bull trend is near the next corner while teh next halving is getting closer. The sole fact that Bitcoin had survived Monday’s Wall Street opening and the red stock market, means it’s not all bad for crypto. Indeed, during the panic,...

Famous exchange Binance partners with Indian exchange startup WazirX to write code with talented Indians. The alliance gives from $100,000 to $5 million per startup.A huge capital of $50 million is prepared for the smart and talented Indians who wish to bring new code into the industry. Lazy coders devastate many ICO projects, as well as mainstream coins. A cooperative called ‘Blockchain for India’, formed by Binance and WazirX is called to fix the situation. There are hundreds of blockchain...

Tesla (TSLA) stock plummeted 18.58% in trading on Monday from its previous close of $546.62 to $445.07. The stock has fallen amid the broader sell-off in U.S. markets.Shares of electric-car company Tesla Inc (NASDAQ: TSLA) were slashed on Monday after Wall Street suffered massive losses amid concerns over the economic impact from the coronavirus outbreak which has an impact on the analysts’ price target for TSLA. The stock fell as much as 18.58%. However, in premarket it was a bit up – by...

Within the partnership, Android Opera users get the ability to purchase Bitcoin and Ethereum with a debit card, while iOS users can check the function in Apple Pay.Late January this year, Opera completed its efforts to provide Web 3-ready browsers with built-in Crypto Wallet on Android, Windows, Mac, Linux, and iOS. Now Opera users receive new options to buy cryptos. They can now do it using a debit card or Apple Pay. The initiative follows Opera’s partnership with crypto startup Wyre....

Dow Futures are showing a sharp recovery after Monday’s bloodbath as U.S. President Donald Trump assures supporting industries amid this ongoing COVID-19 outbreak that has disrupted the global economy.On Monday, Dow Jones suffered its worst day after the “Black Friday” market crash of 1987 as fears of coronavirus continue to mount further. The Dow Jones crashed 12.9% i.e. nearly 3000 points closing at 20,188 levels. Just at the Monday opening, Dow Jones triggered a circuit breaker halting...