The U.S. has seized roughly $2 million in bitcoin units said to be used for funding terrorist groups such as Al Qaeda, ISIS and others.Terrorist Groups Are Stopped Ahead of TimeOne of the big worries centered on bitcoin is its use in criminal circles. News has emerged that bitcoin is still widely popular on dark web markets, and the currency is frequently the subject of hackers and cyber thieves. Among the most recent – and most prominent – cases as of late are a Twitter BTC hack that saw...
Read More »Bitcoin’s Raging Week As Ethereum Breaks $400: The Weekly Market Report
This week was easily one of the most eventful ones in the cryptocurrency field in terms of overall developments, especially in the DeFi sector.Starting with Bitcoin, however, not much changed since last week. BTC price started trading at around $11,800 seven days ago, and it’s currently at roughly the same level. However, this doesn’t mean that there was no volatility.On Monday, BTC briefly broke for the second time above $12,100, causing serious enthusiasm in the community. Over the next few...
Read More »Chainlink Is Now the Fifth-Largest Cryptocurrency By Market Cap
Not too long ago, Live Bitcoin News reported that Chainlink (LINK) was on a roll and had ultimately experienced a hefty surge in its price. Now, the currency has jumped even further, and has overtaken bitcoin cash to become the world’s number five cryptocurrency by market cap.Chainlink Is On a Serious RollOver the last week, the price of LINK has jumped by more than 80 percent. It has added roughly 120 percent to its price since the beginning of the month and has shot up by more than 600...
Read More »Coinmarketcap mit Learn und Earn-Programm
Seit Binance die bekannte Webseite Coinmarketcap gekauft hat, tut sich einiges. Neben der Einführung einer Trollbox, alos einer Chat-Funktion für spezifische Themen und Coins, schaltet nun Coinmarketcap auch Lernprogramme auf. Und es ist offensichtlich, dass sich Coinmarketcap dabei von Coinbase Earn abgekupfert inspirieren lassen hat. Denn wer diese Minikurse mit einem richtig gelösten Quiz abschliesst, kann dabei Token verdienen. Priorität hat für Coinbase der...
Read More »BitMEX Announces New ID Verification Programme for Enhanced Security
BitMEX revealed plans to begin ID verification by the 28th of August. Users are expected to complete the process within six months.BitMEX has announced plans to mandate ID verification for all users. The ID verification programme will begin on the 28th of August as traders will have to provide proofs of location, amongst other things. With the latest development, BitMEX aims to provide a more secure and reliable trading environment for users.BitMEX trading platform enables investors to have...
Read More »What Drives Crypto Now, and Is a Showstopper for Gold!
Governor Lael Brainard in his speech yesterday, August 13, has updated the state and status of the digital currencies in the U.S.The Federal Reserve is conducting researches on the development of digital currencies, including Central Bank Digital Currencies (CBDC) in collaboration with MIT and other state Federal Reserve Banks. Mrs. Brainard also underlined that China has progressed aptly in development of the local stablecoin.The news has impacted the crypto market rapidly, Bitcoin closed at...
Read More »Bitcoin Cash Analysis: Fresh Increase Likely If It Clears $310
Bitcoin cash price is holding ground above the main $270 breakdown support against the US Dollar.The price is currently testing the $292 resistance zone and the 55 simple moving average (4-hours).There was a break above a connecting bearish trend line with resistance near $290 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase).The pair is likely to start a fresh increase if it clears $300 and $310 in the near term.Bitcoin cash price is slowly rising towards the $300 barrier...
Read More »BTC Dominance At 1-Year Lows as Ethereum Skyrockets 9%
Bitcoin’s dominance over the market continues to suffer even though BTC has recovered from its dips and trades at $11,750.This is primarily because of numerous impressive alt pumps, including Ethereum, which finally broke above $400 after its significant price surge.Ethereum Over $400, LINK (Another) ATH, Alts RejoiceThe second-largest cryptocurrency by market cap is among the most impressive gainers from the past 24 hours. Ethereum dipped below $380 yesterday, but bulls took control and...
Read More »Ethereum (ETH) Price Rallies Above $420 as Total Value Locked in DeFi Hits $5 Billion
Ethereum’s native cryptocurrency, Ether has experienced an explosive price action in the last few hours. ETH surged by more than 8 percent to move past the $420 price mark breaking out of a week-long consolidation.Also, the Ethereum based decentralized finance ecosystem just registered a new milestone. The total USD value locked in DeFi hit the $5 billion mark.ETH Regains Position Above the $420 Level After 2 YearsIn a thunderous bout of volatility, ETH jumped by more than 8 percent to...
Read More »Litecoin (LTC) Price Analysis: Bulls Aiming Bullish Break Above $60
Litecoin price found support near the $52.00 level and remained well bid against the US Dollar.LTC price is currently rising above the $55.00 level and testing the 55 simple moving average (4-hours).There is a major declining channel forming with resistance near $57.50 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to accelerate higher if it clears the $58.00 and $60.00 resistance levels in the near term.Litecoin price is trading in a positive zone above...
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