Crypto news

District Judge P. Kevin Castel of the New York Southern District Court, has signed a document which requires a deposition from three members of the Telegram team, as the case regarding its GRAM token sale continues. According to the document, Telegram founder and CEO Pavel Durov himself is expected to testify, along with two others.Dated Nov. 25, the document states that the depositions will begin on December 10 with Telegram employee Shyam Parekh. Although it doesn’t state Parekh’s position...

NYU Economist Nouriel Roubini is hyped over the massive bitcoin price drop since October. Altcoin prices are down too. Theories abound as to the causes of what could be the next crypto winter. The crypto industry’s leaders see opportunity in the bitcoin bear market. Nouriel Roubini piled on the FUD Tuesday morning. As bitcoin’s price continues its plunge into what could be another crypto winter, the NYU economist suggested it’s the end of crypto entirely: Source: TwitterThe...

Initially, the design of the cryptocurrency does not imply the identity disclosure of the owners cryptocurrency wallets, but scammers are constantly looking for ways to steal or otherwise take hold of your money. The growing popularity of crypto is causing increased interest not only among ordinary users, but it also attracts like a magnet hackers, thieves and other criminals who want to steal your digital currency or control you through your finances.The peculiarity of cryptocurrencies is...

SummaryEthereum witnessed disastrous two weeks of trading after dropping by a steep 22% and falling towards the $146 level.The cryptocurrency is trapped within a symmetrical triangle against Bitcoin.Ethereum looks to be shaping up for a rebound as the Stochastic RSI is primed for a bullish crossover on both USD and BTC charts.Key Support & Resistance LevelsETH/USDSupport: $130, $120, $105.Resistance: $160, $170, $180ETH/BTC:Support: 0.020BTC, 0.0195BTC, 0.0190BTC.Resistance: 0.021BTC,...

South Korea’s national policy committee, part of the country’s National Assembly, has reportedly passed a bill which categorizes cryptocurrencies as digital assets. The move will supposedly pave the way for businesses and sets rules and requirements for their further operation.Cryptocurrency Bill Passes Korea’s National Policy CommitteeAccording to a report from local media Korea JoongAng Daily, the National Assembly’s national policy committee of South Korea has passed a bill which...

Commodity markets dictate the global trade of primary manufactured products, from cocoa to gold and from sugar to oil. As these tangible good cross the vast oceans, borne along by capacious container ships, trading platforms flicker with the constantly moving prices of these assets, whose real-time market value is dictated by the usual forces: supply, demand, sanctions, geopolitical relations, currency rates and the array of other variables that can dictate the final price paid for containers...

On Monday, the stock market reached new highs: the Dow Jones Industrial Average gained 190.85 points (or 0.68%) and achieved 28,066.47 by the end of the day, the Nasdaq Composite increased by 1.32% up to 8,632.49, while S&P 500 gained 0.8%. The biggest gains have been made by technology and health care companies. Such companies as Amazon, Apple, Netflix, Intel, Alibaba, Tesla, Disney, and more have enjoyed growth in stocks. For example, Intel rose 2%, Amazon gained 1.61%, Gilead Sciences...

Storeum (STO) gains over 11000% out of nowhere. What is this enigmatic project? Another day another pump and dump. While the rest of the crypto market slowly bleeds away, one cryptocurrency – dubbed Storeum – has sprung out of nowhere, citing improbable gains. But what is this cryptocurrency, how did it get here, and is it a scam? Recently, Coinmarketcap (CMC) has been a fairly dire, mournful reminder of the recent carnage witnessed within the cryptocurrency markets. Various...

Although the stock market has been hitting new highs, analysts have warned investors to stay cautious during these times. Otavio Costa, an analyst at Crescat Capital said that it is the ideal time for investors to buy and accumulate gold.In an in-depth analysis, Costa explained that the Treasury Yield Curve spreads have moved past the critical 70% threshold. Citing historical patterns, Costa advises investors to liquidate their stocks and instead buy gold for the next two years.History...

Normally, this ongoing drop in prices, which comes only a month after a 42% expansion in a day, pushed the bulls to their limit. An eminent Twitter trader, Bitlord, said he had left the Bitcoin business due to the ongoing tumult in the market, denoting an indication of capitulation.Over the past day, the Bitcoin bulls have finally been granted a reprieve, with the BTC going from a weekly minimum of $6,526 to $7,378.13, which represents a massive increase of more than 10%. With this reprieve...