Crypto news

Open banking fintech company Deposit Solutions received its latest financing round of just over €40m involving Deutsche Bank. Part-owner and German Venture Capital firm Finlab revealed this in a statement on Wednesday. As part of the financing round, the shares of the Fintech startup were revalued according to the International Financial Reporting Standards (IFRS) and the company is now said to be worth about €1 Billion.Last year, the startup also received a financing round of €100 million...

U.K based fund transfer service, TrasnferWise Ltd, has announced that in its last fiscal year, the company’s revenues recorded growth by more than 50%. TransferWise which is fully backed by Sir Richard Branson as well as Peter Thiel’s Valar Ventures, had its fiscal year-end on the 19th of March, which confirms the company’s three-year consecutive profit streak.TransferWise successfully pulled in 179 million pounds (about $223 million) in revenue which is an increase of more than half of the...

Der Widerstand war zu groß. Der Markt bewegt sich wieder in eine Bärenphase, wobei jedoch noch nicht klar ist, ob der Support hält oder ebenfalls in den nächsten Stunden die Segel streichen muss. Insgesamt verlor der Markt satte 10 Milliarden US-Dollar in weniger als 24 Stunden.Bitcoin News: Bitcoin fällt wieder unter die Marke von 10KSelbst eine kleine Erholung des Kurses um 300 US-Dollar konnte den Bitcoinkurs nicht wieder über die Marke von 10K heben. Weniger als 9.600 US-Dollar war der...

The world’s largest cryptocurrency exchange by trading volumes, Binance, said that it will launch its over-the-counter (OTC) trading platform next month. More importantly, Binance says that the OTC platform will provide gateways to deposit fiat currencies including the Chinese Yuan.In a media session at the Shanghai Blockchain Week on Tuesday, September 17, Binance’s co-founder and chief marketing officer He Yi said that the platform will support fiat-on-ramp through OTC for the Chinese...

LinkedIn, the largest social networking service for connecting career and business professionals, has rolled out a new LinkedIn Skill Assessments feature. With the new service, users are able to take tests to verify their skills and then add a ‘verified skill’ badge to their profile.Finding the #job meant for you just got easier. Stand out with LinkedIn’s new Skill Assessments: https://t.co/8GqnebwjLC— LinkedIn (@LinkedIn) September 17, 2019LinkedIn has conducted a research and found out that...

Photo: UnsplashAmazon Music has done what other major streaming services are yet to do; the inclusion of an “HD” subscription option into its streaming service. Now Amazon Music is in the league of streaming platforms like Qobuz, Tidal, and Deezer, which can boast of high-quality audio options, though these platforms are “smaller” when compared to Amazon Music. The streaming services that are actually comparable to Amazon Music like Apple Music and Spotify are yet to join the high-resolution...

In a move that wasn't entirely unexpected, the Bitcoin price has plunged below $10,000 in a breakdown that started around 1 PM UTC this morning. The quick dump liquidated approximately $150 million in long positions on BitMEX. Everyone's Bitcoin Price Triangle To say that this morning's dump was not unexpected is to understate the current situation. Nearly every technical analyst with a TradingView account has drawn the same (or similar) descending triangle as the one reproduced below....

Litecoin price climbed higher recently and tested the $80.00 resistance area against the US Dollar.LTC price is currently trading above the key $72.20 support area, with positive signs.There is a major bullish trend line forming with support near $70.00 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to bounce back as long as it is trading above the $70.00 and $72.20 support levels.Litecoin price is currently correcting gains below $75.00 against the US...

The cryptocurrency market was filled with positivity throughout the past couple of days as all of the major coins were trading in the green. A lot of them scored double-digit gains, causing many to suspect that we had entered a new altcoin season. However, this notion was quickly dismissed, as today the entire market is bleeding red. Bitcoin plunged around $600 in a massive red candle, bringing all altcoins down with it.Bitcoin Plunges $600 in an InstantBitcoin has seen a steep decline over...

Social media giant, Facebook, has partnered with Luxottica, the parent company of Ray-Ban, to create smart Augmented Reality (AR) glasses.Luxottica previously partnered with Google in 2014 to design, build, and sell the Google Glass wearable device.The project, codenamed ‘Stella,’ is being developed to test the consumer market about a Facebook visual product and set to feature high-end functions. Stella is slated for launch sometime between 2023 and 2025 and will have a camera on the frame of...