Crypto news

Bitcoin: Immer mehr Amerikaner kaufen mit den Geld aus dem Care-Programm Bitcoin. Mit einem Corona-Hilfsscheck sollen rund 70 Millionen US-amerikanische Steuerzahlern finanziell unterstützt werden: Seit wenigen Tagen haben die Auszahlungen begonnen. Ein Grund warum der Bitcoin-Kurs wieder steigt? Gemäss aussagen von Coinbase, investieren nicht wenige das frisch verteilte Geld in Bitcoin. Die Corona-Krise hat Amerika stark getroffen:...

At the time of writing, several cryptocurrencies are showing new signs of life. Bitcoin, for example, is once again trading above $7,000 for the second time this month.Bitcoin Has Broken $7K AgainIn addition to BTC’s sudden burst, Ethereum is trading for $170, while other major coins – such as Ripple and Litecoin – have also shot up. For the most part, the cryptocurrency industry appears to be on a path of recovery along with stocks as the Dow Jones has shot up more than 400 points since...

Ethereum witnessed a 7% price increase today as the cryptocurrency reaches the $182. Three days ago, Ethereum surged over 15% from the $150 level to reach the April resistance at $175. Against Bitcoin, Ethereum is performing very well after creating a fresh April high at 0.0247 BTC. Key Support & Resistance Levels ETH/USD:Support: $165, $155, $150.Resistance: $187, $194, $200.ETH/BTC:Support: 0.0239 BTC, 0.0229 BTC, 0.0224 BTC.Resistance: 0.0247 BTC, 0.025 BTC, 0.0259 BTC. ETH/USD –...

One of the world’s leading cryptocurrency asset management companies, Grayscale Investments, has registered its strongest quarter to date. Despite the violent price developments in the market, the firm has raised over $500m, and its 12-month product inflow crossed the $1b mark for the first time. Grayscale On The Rise According to the quarterly report published earlier this week, the company saw inflows of  $503.7 million over the past three months. The number is nearly twice as much...

In less than a month, the third Bitcoin block halving, arguably the most anticipated event in the crypto space as of now, will take place. After the halving, the reward that miners receive for verifying transactions and maintaining the Bitcoin network will be cut in half. In theory, the price of Bitcoin should increase after rewards divvy up, as it means Bitcoin will become even scarcer. Recall these mining rewards are the way new Bitcoin is created, and cutting them in half means that new...

The total value transferred on the Ethereum network reached full parity with Bitcoin last week. It’s mainly due to the increasing role of stablecoins in the market as they are responsible for 80% of all transactions on the Ethereum blockchain. Ethereum Network Transfer Value Parity With Bitcoin A publication revealed by Ryan Watkins, a researcher in the cryptocurrency intelligence firm Messari, showcased the comparison in transferred value on Ethereum and Bitcoin. Transferred Value On...

FTX derivatives exchange launched early 2019 with more than $400 million worth of daily trading volume, has recently announced plans for a new product: the BVOL tokens, which will be available to non-U.S. users. The new tokens are ERC20-based tokens that attempt to track the volatility of the crypto markets through exposure to the FTX MOVE contracts that represent the absolute value of the amount Bitcoin (BTC) moves over daily, weekly and quarterly periods. The new tokens aim to become the...

Billionaire Mark Cuban has never been a huge fan of bitcoin, and to be fair, he’s still not prone to BTC use. However, he does comment that he’d be willing to change his mind on the digital currency given that the right changes are made to its infrastructure.Mark Cuban: Make BTC EasierIn the past, Cuban has gone so far as to say he’s rather have “bananas” over bitcoin, and for the most part, he’s still pushing this mentality. In a recent podcast interview, Cuban explains:I can trade bananas...

One of the biggest complaints about the cryptocurrency space is that it isn’t doing enough to attract institutional investors. Well, this may be changing thanks to newfound attention for the Grayscale Bitcoin Trust in New York.Grayscale Is Boosting the Institutional PresenceDespite attempts to integrate institutional crypto trading platforms such as Bakkt – owned and governed by the Intercontinental Exchange (ICE) – the presence of professional investors in the crypto world appears to be...

The coronavirus appears to be taking a toll on Facebook’s Libra project.Libra Is Now SmallerLibra was first introduced in June of last year. The project was designed to initiate an entire payment network in which users could potentially pay for goods and services through Facebook utilizing a new cryptocurrency known as Libra. There was just one big problem… At the time, nobody trusted the social media giant.Facebook’s reputation had been seriously marred by the Cambridge Analytica scandal...