Crypto news

Ethereum has been very stagnant this past week, moving only by a small 0.3%. The cryptocurrency now trades at a price of $189. Ethereum has been trapped within a short term consolidation pattern because of which it only increased by a small 4% over the past 30 days.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $20.28 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency couldn’t break above the resistance at the...

It has been evident in the last few years that companies within the blockchain, cryptocurrency and fintech space are receiving a lot more institutional backing after years of being rather niche sectors of the business world. This is evidenced by the fact that many more prominent firms are taking on blockchain technology such as MasterCard, Air Canada, Barclays and so on. It is also evidenced by the fact that many private firms such as Facebook and JP Morgan are embracing cryptocurrency and...

A blockchain developer has created an appropriately titled sh*tcoin to track poop sightings in San Francisco. Despite its more humorous nature, the project may have some real-world applications. The city’s homelessness crisis remains grim. If ever there was a sh*tcoin that lived up to its name, SF Poop Token would be it. Blockchain developer Hart Lambur has created the first-ever crypto solution to track human poop sightings in San Francisco. The SF Poop Token was conceived at the recent...

Chainlink is up more than 100% since mid-September. The bullish sentiment behind it comes after a series of partnerships that show the true value of its technology. A renowned technical analyst says LINK could push for new all-time highs. Chainlink, a decentralized oracle system, is making significant strides to push the adoption of its technology. The firm recently announced a number of partnerships that show the intrinsic value behind its native cryptocurrency, LINK. Over the last few...

PayPal suspends services for Pornhub. Over a hundred thousand pornographic actors are now cut off. Cryptocurrencies could thrive as a censorship-resistant payment method. In a drastic move, PayPal suspended its services to the world’s largest free pornographic site, Pornhub. Although the reasoning behind it is unknown, this could be an opportunity to show the intrinsic value that cryptocurrencies have. Traditional Services Without Censorship Resistance PayPal’s decision to stop payouts to...

EOS price struggled to surpass the $3.660 and $3.680 resistance levels against the US Dollar.The price is currently declining and it is facing resistance near the $3.500 area.There was a break below a connecting bullish trend line with support near $3.480 on the 4-hours chart of the EOS/USD pair (data feed from Coinbase).The pair could continue to correct lower below the $3.400 and $3.320 support levels.EOS price is currently correcting gains against the US Dollar, while bitcoin is declining....

PayPal has recently stopped processing payments connected to the popular adult website, PornHub. The news wasn’t received well by numerous affected users. However, the company accepts cryptocurrencies, and famous crypto proponents seem to be pushing for further adoption.PornHub’s Payment Future Is With Crypto?PornHub announced today that PayPal cuts off payouts to “over a hundred thousand performers who rely on them for their livelihoods.”PayPal was one of the more commonly used payment...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 749. Heute geht’s um folgende Themen: Telegram schießt zurück: SEC betreibe „Ad hoc“-Justiz, Canaan Creative $100 Millionen IPO Ziel & Bitfinex plant neue Produkte in 2020. 1.) Telegram schießt zurück: SEC betreibe „Ad hoc“-Justizhttps://www.btc-echo.de/telegram-schiesst-zurueck-sec-betreibe-ad-hoc-justiz/ 2.) Canaan Creative Sets Terms, Plans to Rake in $100 Million in Upcoming US...

Litecoin price failed to surpass the $65.00 resistance area and declined recently against the US Dollar.LTC price is currently trading well below the $62.50 and $62.00 support levels.There was a break below a major bullish trend line with support near $61.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair remains at a risk of more losses below the $58.80 and $57.50 support levels.Litecoin price is facing an increase in selling pressure against the US Dollar and...

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