The Venmo app – which is a division of PayPal – has agreed to let all users buy, sell and hold digital tokens. The news was announced earlier in the week, and many believe this will move cryptocurrencies deeper into mainstream territory. The Venmo App Has Said “Yes” to Crypto Beginning last Tuesday, Venmo users can invest in four mainstream cryptocurrencies. They are bitcoin, Litecoin, Ethereum and bitcoin cash. They can use these assets to purchase goods and services...
Read More »Bloodbath Continues: Crypto Markets Lose $70 Billion, Bitcoin Below $50K (Market Watch)
The bears continue to rule over the crypto markets. Most alternative coins have lost substantial chunks of value in the past 24 hours, with ETH below $2,200 and BNB beneath $500. Bitcoin’s brief spike above $50,000 was also unsuccessful, and the asset trades south of that coveted level. Red Dominates the Altcoins Aside from several brief recovery attempts, the altcoin market has suffered in the past few days. Ethereum went on to register a new all-time on Thursday at $2,650...
Read More »14% of Americans Own Crypto, Bitcoin Remains Most Popular: Survey
Americans’ interest in the cryptocurrency industry has grown significantly in the past year, found a survey by the Winklevoss-run crypto exchange, Gemini. Interestingly, BTC has remained the most popular digital asset, but the results show that US citizens have larger on-average positions in ether, BCH, and LTC. US Appetite for Crypto Rises The past twelve months were somewhat transformative for the crypto ecosystem, with the COVID-19 pandemic serving as the catalyst. This...
Read More »Stuttgart: BISON überschreitet 2 Milliarden Euro Handelsvolumen im Jahr 2021
BISON ist eine App der Börse Stuttgart und bietet einfachen, schnellen und sicheren Handel mit Kryptowährungen Zahl der aktiven Nutzer steigt auf 400’000: Kryptowährungen unkompliziert und zuverlässig über das Smartphone handeln: Das ermöglicht BISON, die Krypto-App der Gruppe Börse Stuttgart. Seit Jahresbeginn 2021 hat BISON nun bereits die Marke von 2 Milliarden Euro Handelsvolumen geknackt. Im selben Zeitraum stieg die Zahl der aktiven...
Read More »Bitcoin Struggles At $50K: DOGE Regains 30% (Weekend Watch)
Following another steep decline to $47,500, bitcoin has recovered some ground and currently trades around the coveted $50,000 price line. Most alternative coins have also bounced off since yesterday’s massacre, with ETH nearing $2,300 and BNB well above $500. Will Bitcoin Decisively Reclaim $50K? The past week didn’t go according to the BTC bulls’ plan. On Sunday, the primary cryptocurrency plummeted to $51,500. A few days of recovery attempts were halted yesterday as the...
Read More »Ethereum Has More Support Than Ever, Will Make Another Run To 2600
Dispersion Holdings is an investment company created by the co-founders of Argo Blockchain, which specializes in DeFi, and is about to launch its IPO on the Aquis Stock Exchange. Decentralized finance, which the investment company focuses on, is a revolutionary technology using blockchain and cryptocurrencies. Thus, DeFi is able to provide various financial services in the fastest, cheapest, most efficient and secure way. Most DeFi apps are built on top of Ethereum, the second largest...
Read More »SEC Tries to Limit Ripple’s Access, Accusing the Company of ‘Harassment’
The Securities and Exchange Commission (SEC) has accused Ripple of “harassment” after its executives were granted access to internal documents from the regulatory body. The documents allegedly contain information about three currencies —BTC, ETH, and XRP, where the SEC classifies the three of them as “digital currencies.” Now the SEC wants to limit access to these documents, claiming they are “irrelevant” to the case. The SEC Asks the Judge To Block Ripple’s Access On April...
Read More »Bitcoin and Many Other Coins Have Taken Serious Stumbles
The price of bitcoin has taken a horrible turn. The world’s number one digital currency by market cap – after reaching a new all-time high last week following Coinbase’s debut on the Nasdaq – has dropped roughly $8,000 in just a matter of days that has brought the asset down to roughly $55,000 per unit at the time of writing. It was recently trading as high as $63,000. Bitcoin Falls Following an End to Coinbase Hype In addition to bitcoin, other major altcoins including...
Read More »Bitcoin’s Drop Below $50K and Market Cap Under $2 Trillion: The Weekly Recap
The past seven days were marked by considerable declines throughout the entire cryptocurrency market. Almost everything is in the red, with the total capitalization sliding beneath $2 trillion. There’s no other way of putting this – the past week was bad for bitcoin’s price. It was almost all downhill. The cryptocurrency was trading in the range between $61 and $63K last Friday, but things went south quickly as the weekend started. Sunday marked the first big drop where the...
Read More »Crypto Price Analysis & Overview April 23rd: Bitcoin, Ethereum, Ripple, Cardano, and Solana
It was a red week all over the cryptocurrency market. Almost everything, with a few exceptions, declined substantially as the total market cap slipped below $2 trillion. Bitcoin Bitcoin saw a turbulent week in which the price dropped by a steep 20% to break beneath $50,000 and reach as low as $47,500 today. The cryptocurrency fell beneath $60,000 at the start of the week as it saw a large spike lower in which it dropped to the $51,440 support (.618 Fib). It managed to...
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