Crypto news

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Solana price started a decent increase above the $16.00 resistance against the US Dollar. The price is now trading below $16.50 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $16.20 on the 4-hour chart of the SOL/USD pair (data feed from Coinbase). The...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Bitcoin price started a fresh increase above the $28,500 zone against the US Dollar. The price is now trading above $28,500 and the 55 simple moving average (4 hours). There is a major bullish trend line forming with support near $29,800 on the 4-hour chart of the BTC/USD pair (data feed from Coinbase). The...

Block CEO Jack Dorsey is putting Apple CEO Tim Cook on blast for seemingly not supporting Bitcoin payments, per the app store’s policies. His comments follow Apple’s recent confirmation that it would be pulling the Bitcoin-based social app, Damus, from its marketplace. Apple’s Crackdown On Bitcoin Damus is a decentralized social media app for interacting with Nostr – a Bitcoin-based protocol for exchanging information and messages in a censorship-resistant manner. The app...

The company behind the world’s largest Bitcoin fund has a 70% chance of overcoming the U.S. Securities and Exchange Commission (SEC) in a major crypto industry lawsuit, according to Bloomberg Intelligence Senior Legal Analyst Elliot Z. Stein. Given the circumstances, the firm’s analysts assign a 50% likelihood to a Bitcoin spot ETF being approved in the United States this year. Grayscale, BlackRock, and the SEC According to Stein, the optimistic outlook for Grayscale’s...

During the Point Zero Forum banking conference held in Zurich yesterday, the upcoming launch of a Swiss CHF-based CBDC was announced by Thomas Jordan, the chairman of the Swiss Nation Bank (SNB). Although no exact date has been put forth by the bank, the chairman of the SNB announced that the CBDC would be released sooner rather than later. This seems in line with earlier statements from the BIS – who often work closely with the SNB – who planned to have a working prototype...

Jeremy Allaire – co-founder and CEO of the stablecoin-issuer Circle – said his company has been closely observing the regulatory developments in Hong Kong.  The authorities of the former British colony have recently allowed investors to trade cryptocurrency under a new regime as they carry “fundamental value.” Asia is a ‘Huge Area of Focus’ In a recent interview for Bloomberg, Allaire noted Hong Kong’s efforts to establish itself as a “very significant center for digital...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Peter Wall – the former CEO of bitcoin mining firm Argo Blockchain – has a new job. He’s stepped aboard the train of Sustainable Bitcoin Protocol (SBP) and will serve as the company’s new senior advisor. Peter Wall and SBP… The Perfect Match? The goal is to ensure SBP has the appeal necessary to enter the...

Bitcoin Cash (BCH) – the most popular hardfork of Bitcoin (BTC)’s blockchain – is up over 117% this week, outperforming Bitcoin’s still sizable 15% rise. As of this writing, its the only coin to see anything close to 2X gains within that time frame. What’s attracting traders and investors to the large-blocker network? Let’s dive in. Bitcoin Cash’s EDX Listing Bitcoin Cash’s seismic gains began on June 21, precisely when the Wall Street-backed crypto exchange EDX Markets...

Despite a few headwinds Wise has recently faced, the company’s stock jumped after revealing a spike in profits and revenue. British fintech online money transfer firm Wise’s (LON: WISE) stock jumped almost 18% on Tuesday in reaction to a rise in company profits. In a recent statement, the London-based fintech noted that its profit before tax tripled to £146.5 million ($186.5 million). The company also reported that its earnings per share tripled to 11.53 pence. According to data from...

Earn Your First Bitcoin Sign up and get $12 Bonus Referral bonus up to $3,000 Sign up Not everyone loves bitcoin. In fact, there are those out there – like Warren Buffett or his sidekick Charlie Munger – that hate it with passion, and now, it looks like top economist Steve Hanke is joining the ranks of BTC’s biggest opposers. Steve Hanke Isn’t a BTC Fan In a recent interview, Hanke stated that...