Crypto news

Wells Fargo is making a major “donation” to the cryptocurrency community. The venture division of one of the world’s largest and most prominent banking institutions is putting $5 million into a startup called Elliptic, which is dedicated to providing risk management solutions for cryptocurrencies.Wells Fargo Is Pushing Crypto FurtherIn a statement, James Smith – the CEO of Elliptic – explained:We are proud to announce Wells Fargo’s investment in Elliptic. The partnership with our bank...

Telegram investors and developers created a foundation within the TON ecosystem to defend the project from the SEC. The TON Foundation participants, not Durov brothers, will manage funds and code.While the SEC is preparing to destroy Telegram for avoiding the U.S. securities law, Telegram keeps receiving help from unexpected parties. This time, Telegram’s key investors have formed a circle for coordinating the development of the network. They have no connection to Nikolai Durov and Pavel...

Bitcoin payments need to become more prominent if the cryptocurrency is ever to reach mainstream status. Block Fi has recently developed a new mobile payments solution that could potentially make bitcoin payments a normal, everyday thing.Block Fi Develops New Crypto Banking ServiceOne of the big problems surrounding bitcoin and other cryptocurrencies is that many companies have been reluctant to accept them as means of payment. Thanks to their volatility and price swings, many enterprises and...

The Department of Justice (DOJ) has brought forth its first case regarding the crime of bitcoin and crypto mixing. 36-year-old Larry Harmon of Akron, Ohio, has been charged with operating a company known as Helix, a dark web marketplace designed to “clean” illicitly garnered cryptocurrencies by mixing them with others.Harmon Has Been Operating Helix for Some TimeThe process can be somewhat complicated depending on how large the initial sum is. If you have several bitcoins, or you were...

Tesla stocks (TSLA) saw a tremendous price surge in the last few months, and the firm is looking to monetize the increase. Tesla plans a $2 billion common stock offering to strengthen its financial position.While similar scenarios could play out in the traditional financial market, Bitcoin stands on the opposite shore. Its finite pre-programmed supply of 21 million means that no more coins can come in the market.Tesla Stocks Performance And OfferingThe last several months have been nothing...

XRP climbed by 3% over the past 24 hours of trading. However, it is still struggling to break resistance at $0.337.Against Bitcoin, XRP remains above the 200-day EMA but has run into resistance at 3270 SAT.The cryptocurrency has strongly outperformed Bitcoin this week with a 21% price surge relative to Bitcoin’s 4.5% increase.Key Support & Resistance LevelsXRP/USD:Support:$0.32, $0.317, and $0.31.Resistance: $0.35, $0.361, and $0.379.XRP/BTC:Support: 3230 SAT, 3115 SAT, and 3000...

Binance through its official blog page has outlined its future vision and mission as an open platform through which other businesses can use to grow.Binance has announced through its blog page that it’s working to build its company as an open platform in the future. According to the blog post, the crypto exchange, which offers both centralized and decentralized blockchain services, is working to make the company more decentralized to give access and freedom to its users.The crypto exchange...

Place/Date: Singapore - February 15th, 2020 at 9:49 am UTC · 2 min read Contact: BitTok, Source: BitTok Photo: BitTok / FacebookBitTok is a global, secure and reliable cryptocurrency trading ecosystem. Headquartered in Singapore, based on the rapid development of global digital assets, BitTok is committed to becoming smart housekeepers of digital assets for global users, providing safe, convenient, professional, fast High-quality digital asset financial services solve the complex...

When your completely non-computer savvy, totally apolitical friends or family members come up to you asking, “Hey, you think I should buy this Bitcoin thing?” you’re in bubble territory. The coin is very possibly overheated, and it might be time to sell.We need a healthy pull back. Too much hype about #bitcoin halving and altseason. Too much dumb money re-entering shitcoins. Looking for $7200. It takes time for halving to propogate and market to react. Maybe 6-7 months. Only my opinion. What...

The cryptocurrency index and beta fund provider, BitWise, recently published a report regarding how financial advisors look at digital assets. Partnering with numerous information sources on the matter, the company concludes that cryptocurrencies are becoming more attractive to advisors and their clients.Increased Interest For CryptocurrenciesBitWise and ETF Trends conducted the report by questioning 415 U.S.-based financial advisors. The paper seeks to understand how they and their clients...