Crypto news

It is no secret that cryptocurrency is been used more and more around the world as both an investment tool but also for everyday use and this is being facilitated by many merchants around the globe who are starting to accept cryptocurrency as a form of payment for their goods and services and also the many platforms that are facilitating the easy spending of cryptocurrency. One of these is the Visa debit card by Coinbase that allows customers to spend the cryptocurrency out of their Coinbase...

Alibaba Group Holding Ltd., has announced pricing for its soon-to-come share listing in Hong Kong. Estimated to have a target to raise $13.8 billion, the company will be selling 12.5 million shares exclusively to retail investors and has pegged it at HK$188 per share. Roughly $24, the sale will easily take its place as Hong Kong’s most expensive initial sale in history.The company plans to sell a total of 500 million ordinary shares in the Hong Kong listing, finally placing its focus on the...

After consolidating its position above $8700 levels for the past few days, the Bitcoin price crashed another 1% today. At press time, Bitcoin is trading at $8640 with a market cap of $155 billion.The latest price drop comes as Bitcoin has been a victim of sideways trading ever since it failed to sustain above $9000. With this move, Bitcoin has slipped below its major support of $8700. This move has clearly raised the exposure of further slipping to its next support of $8550.Over the last...

According to a November 14, 2019 press release, Walmart Canada is now embracing the use of blockchain as they will be launching its use for freight tracking and payment info management.And such an initiative is not surprising. Besides cryptocurrency, it’s most famous offering, taking over the world, there has also been the talk of blockchain becoming the next big technology used across various industries and this is for good reason. Blockchain, by its design, creates an irrefutable ledger of...

Compound Finance, a crypto lending and decentralized finance (DeFi) startup has recently raised a massive $25 million in its latest funding round led by venture capital Andreessen Horowitz. This is reportedly one of the largest investments in any DeFi startups to date.Andreessen Horowitz will be pouring money into Compound through its a16z crypto fund. Besides, other investing firms include Bain Capital Ventures, Paradigm, and Polychain Capital.Currently, Compound holds nearly $103 million...

Hey Krypto Fans, willkommen zur Bitcoin-Informant Show Nr. 750. Heute geht’s um folgende Themen: Walmart Kanada Blockchain Supply Chain Management, Anonymous will 75 Millionen US-Dollar in Bitcoin spenden & China schränkt Cash Transaktionen ein. 1.) Walmart Kanada führt die größte Blockchain für Supply Chain Management aller Zeiten einhttps://coincierge.de/2019/walmart-kanada-fuehrt-die-groesste-blockchain-fuer-supply-chain-management-aller-zeiten-ein/ 2.) Anonymous...

Bitcoin cash price is under a lot of pressure as it broke the $288 support against the US Dollar.The price is currently trading near a major support at $269, with a bearish angle.There are two major bearish trend lines forming with resistance near $280 and $290 on the 4-hours chart of the BCH/USD pair (data feed from Kraken).The pair remains at a risk of more losses below the $269 support area.Bitcoin cash price is facing an increase in selling below $280 against the US Dollar. BCH/USD might...

Fans of boxing champion Manny Pacquiao have reason to celebrate this week. The star is launching his PAC token on the Sparkle IEO platform of the GCOX exchange. Pacquiao, who is currently the reigning world welterweight champion, announced he would be launching his own token back in September. The IEO is running over three days starting November 12, after which the token will be listed for trading on GCOX.PAC is the first such “celebrity token” and the latest entrepreneurial effort from the...

Russia, China, as well as the other members of the international group of emerging nations BRICS, which include India, Brazil, and South Africa, plan to create a cryptocurrency designed for payment settlements.BRICS Contemplating A CryptocurrencyBRICS is an international group of emerging nations that includes some of the world’s most prominent economies. Namely, these are Brazil, Russia, India, China, and South Africa.According to popular Russian media, during the business council of the...

Two men have been charged with carrying out a nationwide cyber scheme. The U.S. DOJ alleges the men stole, or tried to steal, more than $550,000 in cryptocurrencies. The case comes in the wake of an uptick in cybercrime. Two Massachusetts men were arrested on Thursday and charged with carrying out a nationwide scheme to steal people’s social media accounts and their cryptocurrency. According to the U.S. Department of Justice (DOJ), Eric Meiggs, 21, and Declan Harrington, 20, targeted at...