Crypto news

The real identity of Satoshi Nakamoto, the anonymous creator of Bitcoin (BTC), remains one of the unsolved mysteries in the cryptocurrency industry. However, a recently discovered email from 1999 suggests that Nakamoto might have spent ten years to implement his idea of a peer-to-peer electronic cash system.  The 200-words email, which was shared by Blockstream CEO Adam Back, is similar to the modern Bitcoin’s idealogy, including the anonymity of the creator. This perhaps suggests that it...

The Central Bank of Argentina, BCRA, has joined a pilot scheme that will see RSK’s blockchain technology used to create a decentralized system for overseeing account debit claims. The project was given the go-ahead by the 2019 Financial Innovation Roundtable, of which BCRA is a member, as well as several other banks including Banco de la Provincia de Córdoba, Banco Santander, and BBVA. The latter two banks are part of the Blockchain Group, which includes Grupo Sabra and RSK parent company...

Ethereum increase by a total of 4% over the past 24 hours as it reaches $179. ETH has managed to surge by a total of 13% this week – making it the highest performing top 5 cryptocurrency. Against Bitcoin, Ethereum rebounded at 0.025 BTC as it heads back toward the April 2020 highs. Key Support & Resistance Levels ETH/USD:Support: $170, $165, $157.Resistance: $177, $188, $194.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.027 BTC. ETH/USD: Ethereum...

A group of miners controlling 70% of the decentralized network PegNet hash rate manipulated the price of a Japanese Yen-pegged stablecoin dubbed pJPY. By submitting false data, they managed to artificially inflate a wallet balance of $11 up to $6.7 million but couldn’t liquidate the assets later. Miners Manipulate A Stablecoin’s Price Built on top of the Factom protocol, PegNet is a decentralized network allowing users to trade stablecoins pegged to fiat currencies, commodities, and other...

Chainlink continued to gain momentum in the channel. In the last seven days, LINK is up more than 15%. Against BTC, price and volume are in contrast, but LINK’s bullish trend remains valid on the 4-hours chart. LINK/USD: Chainlink Recovery Holds In a Five-Week Channel Key Resistance Levels: $3.8, $4, $4.5 Key Support Levels: $3.38, $3, $2.5 LINK/USD. Source: TradingViewChainlink saw a small 4% recovery overnight after witnessing a 3-day drop from $3.8 (on April 18) to $3.38 yesterday. This...

A Texas federal judge has issued bench warrants for the arrest of a former Washington state senator and his partner after failing to appear for a hearing. The two men, David Schmidt and Robert Dunlap, have been involved in a purported cryptocurrency scam dubbed Meta 1 Coin. The SEC Charges A Crypto Scam On March 20th this year, the Securities and Exchange Commission (SEC) announced that it had obtained an asset freeze and other emergency relief to halt an ongoing securities fraud. Robert...

The S&P 500 lost over 30% in March in a few days of trading. The drop was primarily attributed to the spread of the novel coronavirus (COVID-19) and the effect it had on economies. The index has since recovered and gained more than 500 basis points but is still a long way to go. Now, however, the Bank of America says that the S&P 500 can mark new lows if the current volatility continues for much longer. Volatility Spells Trouble For The S&P 500 According to a recent report, a...

ADA price followed a bullish path above $0.0320, but it faced hurdles near $0.0370 against the US Dollar.It is currently correcting lower and trading below the $0.0350 level.There is a key contracting triangle forming with resistance near $0.0355 on the 4-hours chart (data feed via Kraken).The price could continue to move down if it breaks the $0.0340 support area.Cardano price is currently showing signs of weakness against the US Dollar, similar to bitcoin. ADA price must surpass the $0.0360...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 866. Heute sprechen wir über folgende Themen: Hacker gibt DeFi-Plattform Lendf.Me Krypto-Beute zurück, Niederländische Zentralbank will Führungsrolle bei digitalem Euro & Ripple verklagt Youtube. [embedded content] Vielen Dank an den heutigen Sponsor XBTPROhttps://trade.xbtpro.com/sessions/signup/UlGty_VsZ 1.) Hacker gibt DeFi-Plattform Lendf.Me Krypto-Beute...

De Nederlandsche Bank (DNB), the central bank of the Netherlands, wants to play an essential role in the development and testing of the potential digital Euro. DNB believes that people are using less physical cash, and a central bank digital currency (CBDC) could be a game-changer. DNB On Central Bank Digital Currency The bank published a report regarding the potential usage of CBDCs in today’s economy. According to it, the adoption process could be faster than expected, as people in the...