Crypto news

Billionaire investor and founder of Elliott Management Corp, Paul Singer, reportedly wants to replace Jack Dorsey as CEO of Twitter.Elliott Management To Replace Jack Dorsey?After Elliott Management took a notable stake in Twitter, the investment company is pushing for several changes, according to a Bloomberg report. One of the alterations includes the replacement of the current Chief Executive Officer, Jack Dorsey.According to people familiar with the matter, Elliott has approached the San...

The Game Developers Conference (GDC) has become one of the major events that have been called off due to the coronavirus spread over the world.The Game Developers Conference, which was to be held in San Francisco, has been canceled due to the ongoing coronavirus outbreak that is spreading all over the world. The organizing team has announced that they have officially canceled the event, which was scheduled for this March. However, they are hoping to reschedule it for a later date in the...

Etheruem is attempting to rebound from support at $220 as the previous price decline stalls.The cryptocurrency is supported by the .5 Fib Retracement at $220.Against Bitcoin, Ethereum bounced higher after reaching the 0.025 BTC support.Key Support & Resistance LevelsETH/USD:Support: $220, $210, $205.Resistance: $225, $240, $250.ETH/BTC:Support: 0.0256 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.027 BTC, 0.0278 BTC, 0.0288 BTC.ETH/USD: Bulls Continue Battle To Defend $220.Since our last...

Check out the top five ways of how artificial intelligence (AI) is successfully transforming the crypto into a thriving industry.While it can be easily said that no industry or business department has been left untouched by artificial intelligence, there is still one primary industrial sector left. Cryptocurrency is one of the significant products of the digital era. A complete software-based digital currency following a decentralized regulation method. That means there is no authority or...

While the coronavirus is expanding to new countries, already a row of major international events has been canceled. Now it has become known that the Geneva Motor Show will not take place this year.The Geneva Motor Show has been canceled as a result of the coronavirus outbreak and the fears that it may be lurking in large assemblies. The Swiss auto show is dabbed as one of the largest car exhibition shows in the world, where most high-end carmakers assemble to showcase their best models.Since...

Blockchain and cryptocurrencies expanded their presence and usage in 2019, says JP Morgan. The giant American multinational investment bank filed a comprehensive report regarding the performance of the technology and digital assets in 2019.Bitcoin AdoptionTwo years after the bank’s CEO, Jamie Dimon regretted calling Bitcoin a “fraud,” JPM issued a 74-page document that involves the largest cryptocurrency. Among the discussed topics, the report outlines Bitcoin’s developments in terms of...

Another bitcoin exchange-traded fund (ETF) proposal is in the garbage. This time, the application came by way of two companies known as Wilshire Phoenix and NYSE Arca Inc., both of which wanted to “mix bitcoin and short-term treasuries.”Arca Is Pushed AsideThe proposal from both ventures was immediately dashed by the Securities and Exchange Commission (SEC), thereby removing another opportunity for crypto enthusiasts to trade professionally. A regulator commented in a statement:The Commission...

Bitcoin has dropped below the $9,000 mark recently, and things are slow in returning to their original bullish form. While the world’s number one cryptocurrency appears to be on a steady rise (BTC is currently trading at a little over $8,900, a jump from the $8,700 it was experiencing yesterday), the currency is nowhere near the $10,400 it was at roughly two weeks ago.Bitcoin Is In Unfair ShapeThe good news is one source is claiming that bitcoin, despite the recent drop in price, will not...

As most stock markets continue bleeding out due to the coronavirus outbreak, three biotech stocks have been defying the urge as the companies are working on a vaccine or a cure for the deadly coronavirus.Three major biotech companies, which are working on developing a vaccine or cure for the deadly coronavirus, have seen their stock markets defy the overall market plunge. The select biotech companies have either announced testing the vaccine on human victims or in the process of verifying a...

According to Ripple CTO, the new exciting features are coming from the Ripple developers. They will allow third-party tokens to work on top of the system. Also, XRP Ledger will soon have the ability to eliminate accounts of possible network spammers.Ripple’s XRP price falls together with other markets. But David Schwartz doesn’t care as the Ripple Ledger, XRP and the longtime holders will soon receive a significant boost. A company presents a new type of transactions for externally created...