Crypto news

The COVID-19 spread continues to cast a larger shadow on the global markets as volatility seeps in. Analysts say that corrective measures by the Fed are doing little to control the market fall. Dow seriously dropped on Thursday.On Thursday, March 5, Dow Jones tanked 900 points giving a close above 26,100 levels. The markets have stayed quite unpredictable for the whole week oscillating to-and-fro.Since this Monday, Dow Jones has been moving 100 points up and down every alternate day. The...

While the coronavirus fears are spreading, the companies are developing new solutions for their customers. Instacart announces the launch of door-step grocery drop-off service in the United States.Instacart, an American tech company, that operates as a same-day grocery delivery and also pick-up in the United States and Canada, has launched door-step grocery drop off services as a result of a surge in customers in the midst of coronavirus spread fears. This new service will be mostly applied...

The Federal Reserve cut interest rates this week. While the central bank was hoping to boost the falling stock market, the move seemed to spook investors. All the major US stock market benchmarks swung upward for just one day on Wednesday after the cut.But investors continued to dump equities Thursday. On Tuesday, when the Fed rate cut was announced, the stock market ended the trading session with a loss.It seems the Fed’s efforts to save the stock market were a terrifying confirmation of the...

Bitcoin cash price declined towards the $300 support level against the US Dollar.The price is currently recovering and showing positive signs above the $320 level.There was a break above a major bearish trend line with resistance near $324 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could start a major upward move once it clears the $350 and $360 resistance levels.Bitcoin cash price is forming a decent support base above $320 against the US Dollar. BCH/USD is...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 828. Heute sprechen wir über folgende Themen: Bank of England Bitcoin Totalverlust, Sportwettenanbieter und Kryptowährungen & Chainalysis 1% aller Krypto Transaktionen in 2019 illegal 1.) Bitcoin Investition als Totalverlust? – Bank of England Präsident mit drastischer Warnunghttps://cryptomonday.de/bitcoin-investition-als-totalverlust-bank-of-england-praesident-mit-drastischer-warnung/ 2.) Warum...

South Korea is getting an addition to its crypto hub. The country is unveiling new digital ATMs that will allow people to exchange won – the country’s national fiat – for Litecoin (LTC), the sixth-largest cryptocurrency by market cap.Litecoin Is Getting a Nice BoostSouth Korea, at one point, was one of the largest crypto havens across the globe. It accounted for roughly one-quarter (25 percent) of the world’s cryptocurrency transactions. However, the nation has since taken on a very strict...

A group of angry victims of insolvent Chinese cryptocurrency exchange, FCoin, has reportedly gone after the family members of CEO Zhang Jian to get refunds for their missing funds, according to local reports. FCoin Users Not ImpressedSome of the affected users had formed several Rights activist groups since the CEO first announced that they are unable to repay users approximately 13,000 BTC, which are equivalent to $118 million at the time of writing and $130 million when the exchange became...

Are we about to see some major changes coming to Libra?Libra Is Taking On a Whole New FormThe words “changes coming” probably aren’t entirely accurate, as Libra has not been released to the public just yet, though up to this point, the currency has widely been suggested as a single asset rather than a string of combined ones making up a payment network. This is the form that Libra executives now say the project will take on.Libra was originally going to be a stable currency supported by...

Elon Musk is at it again and potentially trying to yank the chains of every cryptocurrency holder out there – especially those possessing Dogecoin.Elon Musk Is At It AgainIn a recent series of tweets, Musk expressed his enthusiasm over the prank currency, stating that, “dogs rock” and “they have the best coin.” Clearly, he sees something in Dogecoin that many others do not, but is he being serious?This isn’t the first time Elon Musk has potentially tied himself to the world’s “funniest”...

The Bitcoin price is rising steadily again and has crossed $9k. BTC halving is getting closer and closer with less than 10,000 blocks away.Bitcoin seems just about ready for its upcoming halving as it’s starting to climb back up again. Just as the month was starting, Bitcoin tried to hit the $9,000 mark. Its inability to do so at the time was touted as a big problem especially since the halving is drawing closer. Now, Bitcoin has begun rising steadily and has successfully scaled the $9,000...