Crypto news

RBS impressed investors by beating analysts’ profit expectations by around £400m despite subdued growth in the UK economy. RBS stock is quite unstable these days as the company is planning to change its name to Natwest.New Chief Executive of Royal Bank of Scotland Alison Rose disclosed new plans of action for the taxpayer-backed bank on Friday. What is interesting that she added severe cuts on the size of its loss-making investment bank. She also decided to rebrand the company to NatWest.Back...

BlockFi has raised $30 million from a group of investors, including Morgan Creek Digital, Winklevoss Capital, Arrington XRP Capital and others.New York-based cryptocurrency-lending firm BlockFi has bagged up to $30 million from a host of investors during its Series B funding. The list of them includes Winklevoss Capital, Arrington XRP Capital, and Morgan Creek Digital among others. The company aims to use the funds it received to enhance its staff and expand its offerings, reports revealed on...

Tesla has now acknowledged the coronavirus as a serious risk in the company’s plans. Tesla says the epidemic could affect TSLA stock and the company’s progress.Tesla is easily the most interesting company in the world right now, because of its extremely parabolic stock. Currently trading at $788.99, TSLA stock has already pulled in more than 92% gains this year alone. However, even as it enjoys its new status, Tesla has admitted that the current coronavirus outbreak is strong enough to put a...

In an attempt to protect users from losing more funds in an ongoing attack, IOTA Foundation has suspended the IOTA distributed network, for the time being, the firm announced late Thursday. The nonprofit advised users to stop using their Trinity Wallets, while also stating that it has temporarily shut down the network’s Coordinator node. It was designed to validate transactions and protect the network against attacks. On their website, the current status of the IOTA mainnet is denoted as “Not...

Ripple’s XRP prices experience a crash on the BitMEX derivatives exchange and but quickly recovered. BitMEX CEO Arthur Hayes has been in the recent times quoted disapproving XRP openly in the social media.Ripple’s XRP derivative, XRP /USD, experienced a quick market crash on February 13, at 14:00 UTC on the BitMEX crypto exchange. The XRP price dipped from $0.33 to $0.13 in few seconds where it immediately recovered leaving a long wick on the candlestick. As a result, the crash stop hunted...

Bitcoin price is hot, with analysts enrolling their opinions regarding future movements. Let’s take a look at them: will BTC reach $12,000 or will it fall?Market analyst JC O’Hara from the MKM Partners considers Bitcoin as the asset exiting bear trend zone. Bulls will lead the asset directly to 12,000 price level, according to what JC said on “Trading Nation” by America’s largest financial news network CNBC.About two months ago, the trader was thinking that the Bitcoin price won’t be jumping...

Daily trading volumes for Ethereum reached the high of $26 billion with three exchanges – BitMEX, Huobi & OKEx – alone reporting over $1 billion trade in ETH tokens. Ethereum price is moving up.While the market has been focusing on Bitcoin‘s move above $10,000, the world’s second-largest cryptocurrency Ethereum is leading the altcoin show. On Thursday, February 13, the ETH price jumped over 20% to hit $270. This was the biggest single-day gain for Ethereum, so far in 2020.With Thursday’s...

[PRESS RELEASE]Instacoins Estonia OÜ, a cryptocurrency brokerage, is pleased to announce it has received an operating license from the Estonian Financial Intelligence Unit (FIU). The company is now fully regulated under Estonian law to provide services of exchanging a virtual currency against fiat.Last year, Estonia tightened its regulations on preventing money laundering and criminal activities in connection with crypto-currencies and licensing virtual currency service providers.  Following...

Cryptocurrencies are popping in 2020. The entire market’s capitalization has once again touched $300 billion – something that was last seen six months ago. The interesting part is that it’s not just Bitcoin’s price that’s increasing this time – altcoins are exploding as well.Naturally, as it has always been the case, this drives more retail interest. Cryptocurrency-related titles are once again seen in mainstream media, while related Google searches keep on going up.Most recently, plenty of...

Two days ago, on our most recent BTC price analysis, we had mentioned that Bitcoin is reaching for a crucial long-term resistance line from 2019,  we had also mentioned a bearish price divergence on the daily RSI.This resistance is the ascending trend-line marked on the following daily chart, which had started forming in July 2019. The line falls precisely on the $10,500 mark. Yes, this is the high of yesterday and the current high of 2020.After touching $10,500 for the third time in 48...