Crypto news

Dow Futures tanked in as the health officials from China’s Hubei city have arrived with a new “clinical diagnosis” methodology which has suddenly shot the tally of a total number of infected cases above 60,000.On Wednesday, February 12, China reported an additional 14,840 cases of coronavirus in its Hubei province. As the Hubei health officials tweaked their methods of diagnosing the virus, the total number of registered coronavirus cases shot above 60,000. This has sent its ripples across...

One of the most popular and currently dominant football clubs – FC Barcelona, has joined forces with a cryptocurrency project. The partnership seeks to create a specific token which aims to increase the engagement of Barcelona’s fanbase.Barcelona To Launch Own CryptocurrencyAccording to an official press release, FC Barcelona, the captain of which is Lionel Messi, winner of 6 prestigious FIFA Ballon d’Or awards, has teamed up with Chilliz to launch a cryptocurrency.The initiative is part of...

The coronavirus outbreak seems to be getting worse instead of getting better and the Asian markets have crashed in response to a 45% surge in confirmed cases.For a few days now, the general atmosphere about the state of the coronavirus outbreak in China has been somewhat optimistic. This is because it was generally thought that the epidemic was slowly starting to resolve and might soon peak. However, a new development shows that the coronavirus epidemic is a lot worse and markets are tumbling...

Within the initiative of fact-checking, Reuters will check English and Spanish language content on Facebook and Instagram and publish the results on the Reuters blog.The world’s largest news agency Reuters and Facebook have launched fact-checking service. The initiative aims at verifying the authenticity of user-generated photos, videos, headlines and identifying misinformation on Facebook and Instagram.Notably, for the initiative, Reuters has partnered with Facebook’s Third-Party...

Coinbase Pro will first offer margin trading with 3x leverage to retail traders from twenty-three states of the United States.Cryptocurrency exchange Coinbase has announced that it will now offer margin trading to its Coinbase Pro interface selected users from today. According to the company, both retail and institutional traders will be able to submit orders with a margin of up to 3x leverage. However, the margin will only be available on crypto pairs with the U.S. dollar as the base...

FC Barcelona has signed a new global partnership agreement with world-leading blockchain-based fan engagement platform for sport and entertainment Chiliz. FC Barcelona token is coming soon.Spain’s soccer club FC Barcelona, which brags with Lionel Messi as a most valued team member, is set to have its own token that will give voting power to its “over 300 million” global fans. So, it means that the richest football club has finally decided to turn to the tokenization. FC Barcelona token is on...

When it comes to investments, especially in cryptocurrencies, the United States authorities are very strict in protecting investors from risks and losses. For this reason, crypto companies often exclude US residents from their offerings due to strict regulatory policies Although no laws are banning Americans from using margin trading, the regulations remain unclear. Thus, to avoid breaching any of these rules, exchanges like Binance don’t offer leverage services to users in the US, leaving...

As Bitcoin is ranked among the top hot topics by Weibo in China, analysts think the popularity will catalyze its market price to $40, 0000. However, BTC dominance is down in the $300B crypto market.Bitcoin popularity has spiked in the last few days especially in mainland China, where a popular social media platform, Weibo, ranked it among the top most searched topics in China. The popularity spike is attributed to social disruption caused by the coronavirus outbreak that has ravaged the...

Cryptocurrency regulations are taking a front-row in high-end governmental discussions. Steven Mnuchin, Secretary of the Treasury of the US, noted that FinCEN is working on introducing several new requirements to counter possible illegal financial activities.FinCEN To Apply New RequirementsYesterday, the U.S. Senate held a hearing to cover the 2012 budget. While addressing many different financial issues, the discussion also touched on cryptocurrencies and their role in the U.S. market.The...

EOS price is surging higher and it broke the $5.000 resistance level against the US Dollar.The price traded to a new 2020 high at $5.517 and it is currently consolidating gains.There is a major bullish trend line forming with support near $5.100 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair is likely to continue higher towards the $6.000 and $6.500 resistance levels.EOS price is gaining bullish momentum above the $5.000 resistance against the US Dollar, similar...