Crypto news

CoinspeakerPanasonic Records Impressive Fiscal Q12024 Profit Surge Amid the euphoria of a robust first quarter, Panasonic has decided to maintain its full-year profit predictions. Panasonic Records Impressive Fiscal Q12024 Profit Surge

CoinspeakerEurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession While inflation in Eurozone shows signs of slowing down, it still remains much higher than the targeted 2%. Economists also pointed out other cracks in the Eurozone economy. Eurozone Q2 GDP Beats Expectations, Inflation Down but Economists Still Fear Recession

Stellar lumen price is attempting a fresh increase from the $0.14 zone against the US Dollar. XLM price is now trading above $0.150 and the 55 simple moving average (4 hours). There was a break above a major bearish trend line with resistance near $0.145 on the 4-hour chart (data feed via Kraken). The pair could start a major increase if there is a clear move above the $0.1650 resistance zone. Stellar lumen price is trading above $0.150 against the US Dollar,...

Ripple price started a fresh decline below the $0.785 zone against the US dollar. The price is now trading below $0.725 and the 55 simple moving average (4 hours). There was a break above a key bearish trend line with resistance near $0.715 on the 4-hour chart of the XRP/USD pair (data source from Bittrex). The pair could extend losses if it breaks the $0.675 support zone. Ripple price is struggling below $0.765 against the US Dollar, similar to Bitcoin. XRP price...

Cybercriminals are increasingly moving away from ransomware attacks and opting for a more covert strategy of utilizing stolen computing power to mine digital currency. To increase their likelihood of success, these malicious entities constantly vary their tools, tactics, and procedures, remaining adaptive and evasive in their approach. According to SonicWall, the publisher of cyberattack intelligence and ransomware data, cryptojacking incidents are soaring alarmingly. This...

The Bank of Canada published a report on Wednesday outlining Canadian crypto ownership trends last year. Its Bitcoin Omnibus Survey found that Bitcoin (BTC) ownership across the country declined from 13% to 10% of the population in 2022. The report noted that the ownership decline occurred on the back of Bitcoin’s massive price decline of over 50% throughout the year and increased regulatory scrutiny after FTX’s collapse in November. Altcoin ownership also decreased in 2022....

According to recent research by CoinGecko, two-thirds of the 30 biggest global banks by assets under management (AUM) support crypto trading through regulated exchanges. Furthermore, around 74% of the top 50 banks worldwide support crypto trading by connecting to regulated exchanges, the report added. “However, none support retail crypto trading or on-ramping from respective native platforms.” 1/ How many of the top 30 banks in the world support crypto trading? 66% or 20 out...

As we’ve mentioned in previous articles, it’s likely bitcoin and crypto are going to be huge topics in next year’s presidential election. Recently, another bitcoin-loving candidate threw himself into the race… Republican mayor of Miami Francis Suarez. Francis Suarez is Running for President Suarez has long been a bitcoin advocate, going so far as to announce in 2021 that he would accept his entire mayoral salary in bitcoin (a move shared by New York City mayor...

The number of average daily active addresses on the BNB Chain spiked to 1.4 million in the second quarter of 2023, signaling a 25.6% increase from the figure recorded in Q1. According to a report by crypto intelligence firm Messari, the number of daily active addresses almost reached an all-time average of approximately 1.5 million recorded in Q4 2021, during the end of the last bull season. BNB Chain Sees Increase in Daily Active Addresses Messari’s researchers found that...

Jack Dorsey and Elon Musk aren’t too happy with the Apple company as of late. Apple Ain’t No Bitcoin Tipping Fan Not long ago, the technology conglomerate said it was looking into potentially removing the social media app Damus from its store. The reason was because the application offered a bitcoin tipping feature, and Apple doesn’t want anything to do with such services. The company then made it clear to Damus: get rid of the feature, or you will no longer be...