Crypto News

EU Confirms its Firm Stance on All Stablecoins, Not Facebook's Libra Only

The EU has taken a firm stance on stablecoins. But a senior government official in Lithuania says the move will not stop stablecoin operators from proceeding with their plans as the EU is no...

SBI Mulling a Company-wide Cryptocurrency Shareholder Payout in XRP

Japanese financial giant SBI is considering issuing Ripple (XRP) tokens as company-wide shareholder rewards, says the company’s CEO Yoshitaka Kitao. In a recent address to shareholders share...

Cardano might breach wedge, fall to $0.30 by mid-December

Over the last two months, Cardano has regularly been testing the $0.035 support, a figure that was last tested in March, prior to the drop in ADA value near the end of September. Valued at a...

'Watch and Learn': Justin Sun Co-owned Poloniex Kicks DigiByte Out

U.S.-based crypto exchange Poloniex, recently acquired by Justin Sun, CEO of Tron (TRX), among other investors, announced it will delist DigiByte (DGB) hours after the founder of DigiByte, J...

World’s 5th Biggest Bank to Launch ‘Digital Currency’ Company in 2020

One of Japan’s largest companies, Mitsubishi UFJ Financial Group (MUFG), is set to co-launch a “digital currency” and smartphone-based payment service – in conjunction with Japanese human re...

Litecoin’s inert price might surge post-ascending triangle pattern breach

The price of Litecoin, the sixth largest coin by market cap, has been depreciating since June 2019. Despite exhibiting some signs of recovery in November by hitting $64, the coin plummeted a...

Crypto Market Sentiment Drops More; 4 Coins Enter the Negative Zone

The cryptocurrency market sentiment did not manage to recover from its major tumble last week, despite the situation looking greener. The combined moving average 7-day market sentiment measu...

Crypto Listing & Delisting Announcements: Week 48

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed somethi...

VeChain Price Jumps 20% on Classic Game Development News

Fueled by the news of a new adoption project, VeChain (VET) is today by far the best-performing coin in the top 100 by market capitalization. The 25th coin has rallied, jumping 20.24% in th...

Coin Race: Top Winners/Losers of November, Top 10 Back in Red

The green-ess was short-lived for the majority of the market, as is so commonly the case. The comparison between November and October proves once again how quickly the color of the crypto ma...

Cardano may hit yearly low if it breaches major support line

After hitting a yearly high of $0.091, the price of the 12th largest cryptocurrency, Cardano [ADA], has been going downhill. ADA has been trading at around $0.043 for a while now and the sho...

CryptoBridge Shuts Down, Vertcoin Falls Victim of a 51% Attack Again

The last month of 2019 has started with bad news for two relatively small projects in the Cryptoverse: a crypto exchange, CryptoBridge, ranked 187th, is shutting down, while a coin, ranked 2...

Ethereum could drop down from rising wedge to $146 next week

Less than a week ago, ETH tested a support line for the first time since December 2018. It has since recovered slightly, valued at around $153 at the time of writing. According to CoinMarket...

Bitcoin might bounce within wedge and drop to $6500

Bitcoin dipping down to $6500 had the whole cryptocurrency community in tears, with much of the market brimming with negative sentiment. And while the world’s largest crypto did climb over $...

Cardano likely to retest $0.046 resistance in wedge pattern

Cardano had been making steady progress since its 38% drop in value a couple of months ago. However, its failure to breach the $0.046 resistance saw ADA fall to a perilous $0.035, less than ...

Cardano Dives Into Crypto Payments, ADA Price Rallies

The Cardano Foundation launched a new crypto payment solution, AdaPay, aimed at merchants, making ADA, the native token of the Cardano platform, one the best performing coins among the TOP 2...

Litecoin could continue down channel to hit $34 by Christmas

With the cryptocurrency space experiencing an overall downtrend in price, Litecoin has come close to a price last seen back in February 2019. With a value of nearly $47 at the time of writin...

'Reports of the Death of Privacy Coins Have Been Greatly Exaggerated'

Speculation of the death of privacy coins has been greatly exaggerated as regulators are not advocating an outright ban and these coins are already preparing to comply with the infamous Trav...

Litecoin likely to push down to $42 within a week

December 2018 saw a yearly low for Litecoin. Eleven months later, the coin is almost twice this value. However, there’s still a month left to see if history will repeat itself, and recent pr...

XRP Friendly Japanese Giant SBI Goes STO, Invests in Securitize

Japanese financial giant SBI Holdings has entered another crypto business by investing in major U.S. based security token platform Securitize. SBI "strongly believes in the future of digita...

‘Hack’ Worries as USD 79m of Altcoins Transferred from Upbit Accounts

South Korean cryptocurrency users say they are in a “state of confusion” after reports of a possible USD 79 million hack on market-leading crypto exchange platform Upbit. Per Chosun, a serie...

BitBay Also Delists Monero, Citing Money Laundering Concerns

Poland-headquartered, Central and Eastern Europe-focused cryptocurrency exchange BitBay said it will delist Monero (XMR) early next year. The exchange announced on Monday that, come Februa...

Cardano headed for another downward spiral after descending triangle closure

Despite signs of recovery at the beginning of the month, Cardano has been trading at a yearly low due to renewed downward pressure. As ADA closely trades near its support, chances of the muc...

In XRP, Ripple's Second MoneyGram Investment Would be 50% Pricier

If Ripple, an American blockchain company focusing on payments technologies, would have used XRP to pay for MoneyGram shares, the second part of the deal would have been 50% more expensive. ...

XRP poised for gains as parallel channel takes shape

XRP went on a downtrend along with other top coins last weekend. The coin showed signs of recovery following the dip and surged by 1.48% against the US Dollar over the past 24-hours and was ...

Crypto Market Sentiment Declined For the Third Week

The cryptocurrency market sentiment has tumbled down compared with the previous week, as the combined average 7-day market sentiment measure for the top 10 coins by market capitalization has...

Crypto Listing & Delisting Announcements: Week 47

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed somethi...

Bitcoin and Altcoins Signaling Downtrend Continuation

In the past few days, there were heavy downsides in bitcoin. BTC/USD traded below many supports such as USD 8,000, USD 7,650 and USD 7,050 to move further into a downtrend. It recently teste...

Litecoin poised for positive breakout with falling wedge

Litecoin broke the psychological support level of $50 after the collective cryptocurrency market dip that led to the top coins losing massive value. The silver crypto was trading at $47.67 a...

XRP could breakout from pennant to a drop to yearly low

Fear flooded the cryptocurrency community this week after the value of most cryptocurrencies dropped dramatically. At the time of writing, XRP, after a brief period of uptrends, had made its...

Litecoin’s price could sink below broadening formation to touch $46

Most cryptocurrencies recorded a sudden drop in price on 21 November, with Bitcoin, the world’s largest cryptocurrency by market cap, dropping by almost 1.5% in under an hour. Litecoin, valu...

Even Tezos, the Only Green Coin in the Top 30, Turns Red

The red sea of the top 30 coins by market capitalization just lost its last green island today, Tezos (XTZ), as the market slump deepened. The world’s most popular crypto, Bitcoin (BTC), con...

Cardano's Charles Hoskinson: USD 4bn Stellar Burn Was ‘Insanity’

Cardano (ADA) chief Charles Hoskinson has hit out at the Stellar Development Foundation (SDF)’s recent decision to burn 55 billion XLM tokens – worth some USD 4 billion at the time. Hoskins...

Litecoin’s price may re-test resistance after breach of descending channel

After a significant hike on 25 October, Litecoin continued to record sideways movement on the charts, with Bitcoin’s silver counterpart consolidating between the range of $57.43 and $64.36. ...

Bitcoin Cash Prices Enjoy Short-lived Recovery on USD 200m Fund News

Bitcoin Cash was briefly the only token in the green among the top 10 cryptocurrencies by market capitalization today – likely boosted by news of the launch of a new USD 200 million fund. Th...

Binance.US looking into interest in crypto-to-crypto trading pairs: CEO Coley

Back in September, Malta-based cryptocurrency exchange Binance stepped into the United States market again, with the launch of Binance.US, a platform led by Catherine Coley. During a recent ...

Several Hundred XRP Accounts Linked to "Dirty" USD 400 Million

About USD 400 million worth of Ripple (XRP) has been found to be tied to illicit activity and several hundred XRP accounts are responsible for this, according to Elliptic, a London-based blo...

Fidelity Digital Assets gets charter from NYDFS for Bitcoin custody

New York has been at the center of a lot of crypto-related developments over the past few months. New York’s authorities are in the news again after the NYDFS granted a charter to Fidelity D...

Facebook Pay could potentially impact Bitcoin’s market

SFOX, a cryptocurrency prime dealer, recently released a report discussing the current market sentiment in the digital asset industry and the impact of Facebook’s Libra on Bitcoin’s ecosyste...

BOJ Rules out Digital Fiat, But Cambodia Could Issue a CBDC Next Year

The governor of the Bank of Japan (BOJ) Haruhiko Kuroda has ruled out the possibility of launching a digital yen in the short term, but says the bank will continue to look into digital curre...

Litecoin’s Charlie Lee, Grin developers respond to attack on MimbleWimble

Dragonfly Research’s Ivan Bogatyy recently published a blog post expanding on how he ‘broke’ MimbleWimble. The researcher elaborated on how he used merely $60 every week of AWS spend [Amazon...

Bank of Japan’s Governor supports digital currency research, not issuance

While China continues to work towards launching its own stablecoin, Japan practices caution. According to a report, the Governor of Bank of Japan, Haruhiko Kurado, has said that the central ...

Ethereum 2.0 Testnet update reports upward-trending ‘finalized epoch’

Alongside the development of its flagship product, Prysm, a sharding client for Ethereum 2.0, Prysmatic Labs has now published its ‘Ethereum 2.0 Testnet Update #1’ report, which outlined sta...

Gemini exchange makes its first acquisition aimed at crypto collectibles

The founders of Gemini crypto exchange, Tyler and Cameron Winklevoss announced the duo’s first ever acquisition. The information was made public through a tweet from Tyler Winklevoss, which ...

Grayscale’s Bitcoin Trust files registration for becoming SEC’s reporting company

Crypto asset manager Grayscale Investments filed with the SEC to register its bitcoin trust fund (GBTC) in order to appeal institutional clients with governmental oversight. According to Gra...

Paraguay is planning to introduce new crypto-legislation: Report

Several countries have expressed their interest in cryptocurrencies and Paraguay seems to be the latest country to join the list after it sought information pertaining to cryptocurrencies, a...

Bitcoin’s YTD price decline sets up bearish sentiment before 2020 halving

2019 has been monumental for the Bitcoin ecosystem from an adoption perspective, as the year welcomed several financial institutions into the industry, most notably ICE’s Bakkt and its Bitco...

XRP offers stronger tech than Ethereum: CoinField CEO

Canadian crypto-exchange CoinField’s top project, Sologenic, aims to merge traditional financial markets and crypto on XRP Ledger to create a massive combined volume to stir adoption in the ...

Ripple’s Xpring announces Java implementation of Interledger, Hyperledger Quilt

Software architect for Ripple and Xpring, David Fuelling, recently announced Hyperledger Quilt v1.0, which is a Java implementation of the Interledger protocol for sending payments across di...

Multi-collateral Dai is Live, Drawing Praise, Criticism and Confusion

A multi-collateral stablecoin Dai is officially live and is assigned the name Dai. The single-collateral stablecoin Dai (DAI), now has been renamed to Sai. Following Friday’s executive vote ...