Crypto news

Bitcoin cash price declined heavily below the $360 and $350 support levels against the US Dollar.The price tested the $300 support area and it is currently correcting higher.There is a short term ascending channel forming with support near $318 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair could continue to move down below the $315 and $300 support levels in the near term.Bitcoin cash price is trading in a downtrend below $350 against the US Dollar. BCH/USD...

The Securities and Exchange Commission has charged Steven Seagal for unlawfully participating in an initial coin offering (ICO). The popular Hollywood actor has ultimately agreed to pay over $350,000 for violating the anti-touting law.SEC Fines SeagalThe ICO bubble of 2017 and 2018 raised concerns among some world regulators, including the SEC. The U.S. watchdog warned back then that tokens sold as initial coin offerings (ICOs) may be securities. Ever since then, the Commission has been...

As of today, Thursday, February 27th, 2020, Bitstamp has just announced that they’ve upgraded to full native SegWit support on their exchange. This means Bitstamp users will now be able to create wallet addresses for depositing cryptocurrency by using the new Bech32 address format.Although owning Bitcoin can be exciting, sending and receiving cryptocurrency tends to be a bit more complicated. That’s because of the fact that users must carefully keep track of their wallet addresses, and...

No matter how badly bitcoin seems to do, the cryptocurrency always has a long list of loyal followers that will never turn away from it. One such follower is Robert Herjavec, founder and CEO of the Herjavec Group.Herjavec Loves Him Some BTCRecently, Herjavec commented that bitcoin isn’t doing too well because of things like the coronavirus, which is spreading fear across the globe. However, he says that one of the currency’s biggest problems is that companies haven’t adapted enough to its...

Yesterday, we reported that Berkshire Hathaway CEO Warren Buffett was again bashing bitcoin, and for not taking it seriously, he’s potentially missed out on some big profits.We Shouldn’t Want the Presence of Buffett in CryptoNow, one source claims that if Warren Buffett were to ever change his mind about the world’s number one cryptocurrency by market cap and become a serious investor, that might be a sign that it’s time to sell one’s stash.It’s interesting because Buffett recently sat down...

The series will take place at the INTEK Institute of Applied Technology in Ho Chi Minh City, and will run until September 30th, 2020, with workshops held the first week of every month. Metaverse DNA will deliver a number of these workshops, giving students and other attendees an opportunity to familiarize themselves with the Metaverse ecosystem and Dualchain Network Architecture.Metaverse DNA is a next-generation digital finance ecosystem, bringing all of the most important features needed by...

While tech shares are suffering drops, coronavirus stocks are soaring, The pharma companies are actively working on the development of a new vaccine.Lately, we have been reporting a lot about tech companies suffering significant drops in stocks amid spreading coronavirus concerns. Its high time to have a look at those market players who are benefiting in the volatile conditions. Under the circumstances given, the only winners are so-called coronavirus stocks. Haven stocks and health care...

The Ethereum community doesn’t want to accept the planned hard fork on ProgPoW. The Ethereum price fell to $212 but has already started to grow again.Ethereum, one of the top-rated crypto assets by market capitalization, fell to $212 during the early trading hours of the European session. However, using the ETH derivative with the U.S. dollar, it has broken the downtrend in the 1-hour time frame. The analysts believe that the drop of Ethereum may be related to the fact that the community...

Gosh darn it, bitcoin! You were doing so well and now you’ve decided to go and disappoint everyone… Again!Bitcoin Takes Another Nasty TumbleAt the time of writing, the number one cryptocurrency in the world by market cap has fallen to just a little over $8,800. This is about $500 less than where it was trading yesterday, and about $1,600 from where the currency was trading roughly two weeks ago.The fears of the coronavirus are spreading almost as fast as the disease itself. People are...

SQ has positively reacted to the recent company’s Q4 earnings report. Square is making a good process in its Bitcoin business.Square Inc (NYSE: SQ) has reported its fourth-quarter earnings have that improved significantly. In a statement about its Q4 results, the payments processor indicated that it had generated revenue of about $178 million between November 1 and December 31. These revenues reportedly came from its Bitcoin business. The $3 million generated indicated a 50% rise from 2...