Crypto news

In the last few months, Bitcoin futures trading is on the rise, beating up to 50% of the total spot market on 13 well-known exchanges. The futures market helps to keep the price less volatile, and it increases liquidity via the attraction of new investors. Wise actors always made predictions that cryptocurrencies would co-exist with the current banking and stock markets. They are not doing any substantial harm to banks and classic exchanges. Instead, cryptocurrencies add fungibility and...

Stellar saw a sharp increase of around 8% over the past 24 hours and it currently trades at $0.068. The cryptocurrency went on a nice run in the second half of October after increasing by a total of 17% over the last 30 days.Stellar is now the tenth-largest cryptocurrency with a market cap of $1.39 billion.XLM suffered over the past 3 months after dropping by a total of 63% from June’s high to September’s support at $0.053. XLM rebounded here and started to ascend during October. The...

About a week ago, rumors regarding Google’s parent Alphabet’s decision to acquire American wearable maker Fitbit, surfaced online. Now, Google has officially confirmed that it will buy the Fitbit company in a new deal worth $2.1 billion. This move from Google can be said to be one in the direction of the tech giant’s desire to hold a larger stake in the wearables business, an area mostly dominated by a rival company Apple.An official statement from Google’s Senior Vice President for Devices...

Decred makes upgrades to its public proposal system. DCR surges over 19% in less than 24 hours. A look at the 4-hour chart reveals DCR could retrace to $16 before it continues rising. Autonomous cryptocurrency Decred (DCR) is skyrocketing after its community welcomed new developments surrounding Politeia, its own censorship-resistant blockchain-anchored public proposal system for funding projects. In the last 24 hours, DCR jumped over 19% to hit a high of $18.50. The upward...

Following the mammoth BitMEX user data leak, the bitcoin exchange’s Twitter account was allegedly hacked. While under the perpetrator’s control, the account tweeted an ominous warning: “Take your BTC and run.” BitMEX withdrawals are currently disabled, at least for some users. Things have gone from bad to worse for BitMEX today as a mass leak of user emails has seemingly turned into a full-blown crisis for the world’s most significant bitcoin trading platform. As CCN reported, the...

Photo: SamsungSamsung has announced that it is expanding the range of coins available in its blockchain wallet. It has added new token Elrond (ERD) to ensure secure and faster payments using this crypto.Samsung Galaxy S10 device is able to automatically generate a blockchain wallet for users, allowing them to store and use numerous cryptocurrencies (earlier their number was 33). This wallet is created to allow users to make transactions in cryptos and easily access DApps from their...

It’s safe to say that BitMEX has had better days. Earlier today, it was reported that many of its users’ email addresses had been leaked. A few hours later, it appeared that the platform itself had been compromised, as the company’s Twitter account stated that withdrawals had been suspended. Shortly thereafter, BitMEX announced that all funds were safe; indeed, withdrawals are working just fine.BitMEX Under SiegeThe day started off with some bad news for BitMEX, the most popular Bitcoin...

Officially, China has now joined the list of countries that have fully launched 5G services to consumers. On Friday, Chinese mobile operators made 5G available in many parts, as the country continues several efforts to lead the world regarding tech offerings.China Mobile, China Unicom and China Telecom have now announced several 5G options for all of their individual customers, probably as a way to catch up with other countries that have already done the same this year including the U.S., the...

Japanese consumer instant credit provider Paidy has announced that it raised $143 million in investment capital from institutional investors. The new financing round includes $83 million series C financing extension and debt financing of $60 million. The series C funding included participants such as PayPal Ventures, the Famed Soros Capital Ventures, JS Capital Management and Tybourne Capital Management and an unnamed investor.The financial institutions that initiated the debt financing...

XLM skyrockets in the wake of the President Xi-inspired pump. Lumens gains prominent listing on Coincheck. Stellar Foundation scraps inflation. Ripple rival Stellar (XLM) is head and shoulders above the rest of the cryptocurrency market Friday, as it posts an 8% intraday increase. The crypto markets have seen some bullish performance of late following the so-called Xi pump. Last week, China’s president, Xi Jinping, shilled blockchain technology, leading to a mass revival of bitcoin...