Crypto news

The Bitcoin price has remained relatively stable in recent days. However, we have seen such periods in the past, and based on its past behavior, we can assume that another move is around the corner.Bitcoin’s stability in recent days has affected altcoins, which have showed signs of waking up as market players have returned to trading in the past week. We saw some major altcoins painted in green.Bitcoin’s mining difficulty is also setting new records.Source: Blockchain.comBitcoin’s dominance...

Union Mobile recently announced the launch of their blockchain project called ELYNET which aims to provide differentiated mobile services using blockchain technology. The ELYNET team is composed of telecom veterans with more than 50 years of combined industry experience. They have harnessed this expertise to realize ELYNET’s innovative take on the telecom industry – to use blockchain technology to provide essential telecom services.ELYNET’s team members are no strangers to innovation. As...

BitcoinThose who follow cryptocurrency market analysis can see the triangle and the convergence on the chars. The small trading volume also shows the fear index in the market. Resistance in this range is at $10,500, which is around the 50MA. Strong support is found at $10,000. Technically, it appears that we are on the verge of a move if we break above the support and could challenge $12,000. If the price breaks below the support, we might test the other strong support at...

The Australian Securities and Investments Commission (ASIC) has announced that a 21-year-old mother has been arrested following an investigation into an online syndicate accused of stealing and laundering millions of dollars worth of funds from superannuation and share-trading accounts through the use of cryptocurrency. ASIC alleges that the suspect, Jasmine Vella-Arpaci, comprised a key member of a criminal syndicate self-identified as ‘Team Awesome’. The group is accused of purchasing...

Ethereum has seen a notable 2.85% increase over the past 24 hours which brought its price up to $199. The cryptocurrency now marks a 9.5% surge over the past week which makes it the strongest one from the large-cap top 20 coins. This latest hike is largely a result of ETH recovering against Bitcoin as we continue to head to 0.002 BTC. Ethereum remains the second-largest cryptocurrency with a market cap of $21.41 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis,...

Die Zentralbanken haben Angst, Facebooks Cryptocoin Libra könnte ihren Markt übernehmen. Doch Facebooks Libra Projektmanager beruhigt die Zentralbanken und entblößt damit, warum der Coin für den Cryptomarkt keine echte Option sein kann.Crypto News: Facebooks Libra und die ZentralbankenBitcoin Regulierungen schlugen bisher fehl. Daher haben sich die weltweiten Staaten offenbar nun darauf konzentriert selbst Alternativen zum Cryptocoin erstellen zu wollen – sogar Deutschland will einen...

According to a recent survey conducted in the UK, about 20% of rich young people (born between 1981 and 1996 with at least £25,000 in investable assets) hold BTC or other digital currency. The proportion of British holding digital assets, which accounts for about 3% total population, shows that the proportion of young people holding digital assets is much higher than the whole national average. If invest-able assets were raised from 25,000 to 75,000, the proportion of eligible young people...

Russia’s second most popular sport, ice hockey, has been stained by one of its former stars in a fraudulent cryptocurrency deal. According to Russian information agency TASS, ice hockey player Igor Musatov was arrested on Sunday over his alleged involvement in a Bitcoin fraud scheme in which the victim lost approximately $700,000. He has been detained for 30 days. How an IT pro fell for a Bitcoin fraud Per court documents, the victim of the $700,000 cryptocurrency fraud was identified as...

Apple released its much-anticipated gaming service Apple Arcade a few days earlier than the expected date of 19th September. However, it is only available for users who are on the iOS 13 public beta and will probably be available to all other iOS platforms on the original expected date.At the moment, iOS 13 users will easily be able to sign up on the service and have the opportunity to pay a monthly subscription fee but enjoy the service for free, for a month. On the App Store, interested...

Finally, after much expectation that it would occur, it is hoped by the investment and venture capital community that the We Company owners of corporate space company WeWork would put its plans for its Initial Public Offering on hold. This comes after serious doubt existed as to the original valuation of the company which went down sharply from $47 Billion to less than $15 Billion in recent weeks.The Wall Street Journal reports that investors had already started to query the initial valuation...