Crypto News

Cardano and Binance Founders Take Aim At Ethereum as ADA & BNB Rally

Cardano and Binance Founders Take Aim At Ethereum as ADA & BNB Rally

While Ethereum (ETH) maximalists are hard at work trying to compete for attention and investments Bitcoin (BTC) is getting, their competitors are now focusing on ETH's weaknesses. First,...
South Korean Central Bank: Build Legal Boundary Between CBDCs & Crypto

South Korean Central Bank: Build Legal Boundary Between CBDCs & Crypto

The South Korean central bank – the Bank of Korea (BOK) – wants Seoul to draw a line between central bank digital currencies (CBDCs) and cryptoassets, and hopes the government will make an e...
Crypto Market Sentiment Improves Further, XRP Leads

Crypto Market Sentiment Improves Further, XRP Leads

The beginning of February brought some much-anticipated optimism in terms of crypto market sentiment, as nearly all major coins have improved their moving 7-day average sentiment score (sent...
Bitcoiners Bristle as Musk-fuelled Dogecoin Rocket Re-enters Top 10

Bitcoiners Bristle as Musk-fuelled Dogecoin Rocket Re-enters Top 10

The coin of the moment is at it again – with dogecoin (DOGE) rocketing back into the top 10 tokens per market capitalization, and Elon Musk is again being linked to the meme-themed asset, de...
Net Detectives Wonder if This DOGE Whale Is Actually Elon Musk

Net Detectives Wonder if This DOGE Whale Is Actually Elon Musk

Internet sleuths are speculating that arch crypto trickster and the world’s richest man – the Tesla and SpaceX supremo Elon Musk – may be the secret owner of a crypto wallet crammed to brim ...
Musk’s Doge, Bitcoin Tweets May Spur Double-Digit Returns - Report

Musk’s Doge, Bitcoin Tweets May Spur Double-Digit Returns - Report

Billionaire and Tesla's head Elon Musk’s Twitter activity is not only stirring controversy, but it also triggers abnormal trading volumes and double-digit returns, according to a recent ...
Active Addresses Number of Tether's Tron Version Eclipsed Ethereum Version

Active Addresses Number of Tether's Tron Version Eclipsed Ethereum Version

There's a shift of tether (USDT) activity from the Ethereum (ETH) to the Tron (TRX) version, while the ETH version still has much higher daily transfer value, according to crypto intelli...
Ethereum Eyes USD 1,600, Bitcoin and Altcoins Could Keep Rising

Ethereum Eyes USD 1,600, Bitcoin and Altcoins Could Keep Rising

Bitcoin price remained well bid after it broke the USD 35,500 and USD 36,000 resistance levels. BTC even spiked towards USD 36,800 before correcting lower. It is currently (13:00 UTC) approa...
Former Social Media Giant Cyworld To Return With A New Token

Former Social Media Giant Cyworld To Return With A New Token

The erstwhile South Korean social media giant Cyworld is set to take a second stab at relaunching its business under new ownership – in a bid to retain its former glory with a new token. Per...
Cardano Upgrades On Its Way To Offer Better Tokenization Than Ethereum

Cardano Upgrades On Its Way To Offer Better Tokenization Than Ethereum

The Cardano (ADA) testnet is officially in the multi-asset era, announced Cardano development firm IOHK. On February 3, at 20:20 UTC, "we successfully forked & applied the Goguen 'Mary&...
Elon Musk Lights Dogecoin Candle Again, Removes Bitcoin From Twitter Profile

Elon Musk Lights Dogecoin Candle Again, Removes Bitcoin From Twitter Profile

The world's richest person, Tesla's Elon Musk, caused quite a stir throughout the Cryptoverse again, with his series of posts about dogecoin (DOGE), calling it "people's crypto."...
What SEC Crackdown? Japanese Giant SBI Starts Offering XRP Lending

What SEC Crackdown? Japanese Giant SBI Starts Offering XRP Lending

The bond between the Japanese securities and crypto giant SBI and Ripple remains as strong as ever – with the former’s crypto exchange extending its crypto lending offerings to XRP. SBI laun...
Binance Pay Launched 'Softly' and Binance Card 'Going Strong' - CEO

Binance Pay Launched 'Softly' and Binance Card 'Going Strong' - CEO

Major crypto exchange Binance has "softly, quietly launched Binance Pay" last Friday, currently in beta, said the CEO, discussing several other developing projects as well. While it's r...
Litecoin MimbleWimble Code Might Be Ready 'Early 2021'

Litecoin MimbleWimble Code Might Be Ready 'Early 2021'

Litecoin (LTC) MimbleWimble (MW) initial code may be finished by the end of March, with the activation to follow necessary audits and reviews, according to David Burkett, the developer of Gr...
XRP Pumpers Hope For More Action; Cardano's Hoskinson Warns of Pump&Dumps

XRP Pumpers Hope For More Action; Cardano's Hoskinson Warns of Pump&Dumps

It seems like XRP pumpers are hoping for additional upwards action, while Cardano (ADA) founder Charles Hoskinson, chimed in on the rising pump and dump issue across the crypto space, warnin...
Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value

Economists: CBDCs to ‘Flop’ if They Aren't Designed as Stores of Value

Central bank digital currencies (CBDCs) could become a store of value, a new paper claims – a move that could help them avoid becoming “a gigantic flop.” These were the findings of two econo...
Crypto Market Sentiment Almost Unchanged with Tether Taking a Lead

Crypto Market Sentiment Almost Unchanged with Tether Taking a Lead

The final week of January passed without any major movements in the market sentiment in either direction. The combined moving 7-day average crypto market sentiment score (sentscore) for the ...
XRP Takes The Center Stage, Bitcoin Fluctuates Around USD 34K

XRP Takes The Center Stage, Bitcoin Fluctuates Around USD 34K

Bitcoin price remained well bid above the US 33,000 level. As a result, BTC started a fresh increase above the USD 34,000 resistance level. It is currently (13:15 UTC) correcting gains and t...
Coin Race: Top Winners/Losers of January; XRP and DOGE Won

Coin Race: Top Winners/Losers of January; XRP and DOGE Won

The first month of 2021 is behind us - and what a crypto month it was! There are barely any red coins among the top 100 and the top 50 by market capitalization, and none among the top 10. Th...
Dogecoin Dumped, Tron Dumped, Now XRP Doubles In Two Days

Dogecoin Dumped, Tron Dumped, Now XRP Doubles In Two Days

As coordinated price pumping campaigns keep spreading, the price of XRP has doubled in the past two days, while other recently pumped coins have already crashed from their recent highs in do...
Dogecoin Blasts Into Top 10, Flips Chainlink, Litecoin, Bitcoin Cash, and More

Dogecoin Blasts Into Top 10, Flips Chainlink, Litecoin, Bitcoin Cash, and More

Yesterday, it was the 33rd largest cryptoassets by market capitalization, today - it's 7th. Created as a joke in 2013, dogecoin (DOGE), can't stop its Wallstreetbets ignited super ra...
Davos Watch: 'The Old World of Currency Now Has To Catch Up'

Davos Watch: 'The Old World of Currency Now Has To Catch Up'

Experts say that the coronavirus pandemic has accelerated the pace of the shift from cash to digital payments, triggering an estimated 8% rise in non-cash payments in the euro area alone las...
Tron's Justin Sun Jumps On the GME Purchase Bandwagon With USD 1M Bag

Tron's Justin Sun Jumps On the GME Purchase Bandwagon With USD 1M Bag

Tron (TRX) CEO Justin Sun has become a part of another fast-rising, potentially quickly passing trend, as he now says will join the Wallstreetbets crew in purchasing GameStop (GME) stocks - ...
DOGE Up 44% In An Hour As 'Chairman of WallStreetBets' Asks About Dogecoin

DOGE Up 44% In An Hour As 'Chairman of WallStreetBets' Asks About Dogecoin

After the TikTok pump last year, dogecoin (DOGE) just was seemingly pumped by another community. This time, it might be related to the r/wallstreetbets subreddit, with 4.1m users, responsibl...
86% Of Surveyed Central Banks Now Engage In CBDC Work - BIS

86% Of Surveyed Central Banks Now Engage In CBDC Work - BIS

As the world’s central banks are increasingly looking into central bank digital currency (CBDC) projects, their focus is shifting into more advanced stages of CBDC engagement, with more bank...
XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges

XRP Drops Despite Positive Report, A Lawsuit Over USD 50 Loss Emerges

It seems that the recent bullish remarks by Brad Garlinghouse, CEO of blockchain company focusing on the banking sector Ripple, didn't help XRP move higher as its price has since dropped...
Bitcoin and Altcoins Show Signs of Additional Losses

Bitcoin and Altcoins Show Signs of Additional Losses

Bitcoin price failed to recover above the USD 32,000 and USD 32,400 resistance levels. BTC traded below the USD 31,200 support and is currently (13:00 UTC) showing bearish signs. It seems li...
Japanese Card Giant JCB Readies Crypto Interoperability Pilot

Japanese Card Giant JCB Readies Crypto Interoperability Pilot

In Japan, a major player in the conventional financial sector is edging closer to crypto adoption – as credit card giant JCB announced that it would be working on a crypto-related pilot. In...
Bitcoin, Ethereum, and Altcoins Gain Bearish Momentum

Bitcoin, Ethereum, and Altcoins Gain Bearish Momentum

Bitcoin price made an attempt to recover above USD 32,500, but it failed to gain momentum. BTC started a fresh decline and traded below the USD 32,000 support level. It is currently (13:00 U...
As Crypto Market Sentiment Sinks Lower, Polkadot Takes the Crown

As Crypto Market Sentiment Sinks Lower, Polkadot Takes the Crown

The volatility is holding the market in a firm grip, as the market sentiment drops further within the neutral zone. The combined moving 7-day average crypto market sentiment score (sentscore...
Bitcoin Gains 5%, Ethereum, Altcoins Continue To Outperform BTC

Bitcoin Gains 5%, Ethereum, Altcoins Continue To Outperform BTC

Bitcoin price is showing positive signs and it recently broke the USD 33,500 resistance. BTC even cleared the USD 34,000 level and it is currently (13:00 UTC) up over 5%. If there is a close...
Digital Yuan Compatible with at Least Eight Chinese Bank Platforms

Digital Yuan Compatible with at Least Eight Chinese Bank Platforms

As many as eight commercial Chinese banks may be working on their own digital yuan wallets or banking platforms that can interoperate with the token, with banking groups outside the “big fou...
Bitcoin and Altcoins Try to Recover, Key Hurdles Nearby

Bitcoin and Altcoins Try to Recover, Key Hurdles Nearby

Bitcoin price formed a support base above USD 30,000 and started recovering. BTC broke the USD 30,500 and USD 31,200 resistance levels. It is currently (13:00 UTC) approaching the USD 32,500...
Alongside CBDC Plans, BIS Reveals Tokenized Green Retail Bond Pilot

Alongside CBDC Plans, BIS Reveals Tokenized Green Retail Bond Pilot

The Bank for International Settlements (BIS) has announced that it will begin work on a new blockchain-powered tokenization incentive, and will intensify its central bank digital currency (C...
Ripple’s Hot Takes for 2021: Surprising M&A, Ethereum Rivals and More

Ripple’s Hot Takes for 2021: Surprising M&A, Ethereum Rivals and More

We are already a few weeks into 2021, but it is still not too late for predictions – especially in the crypto world, with Ripple’s team taking a break from its battle with American financial...
Bitcoin and Altcoins Turn Red, More Downsides Possible

Bitcoin and Altcoins Turn Red, More Downsides Possible

Bitcoin price failed to recover above USD 35,000, and started a fresh decline. BTC broke the USD 34,000 and USD 33,200 support levels to move further into a bearish zone. The price is curren...
UK Liquidity Provider Develops First Crypto ETP For Swiss Bank

UK Liquidity Provider Develops First Crypto ETP For Swiss Bank

UK liquidity provider GHCO is planning to venture into the cryptocurrency exchange-traded product (ETP) market with the launch of a new product in February. The business is set to initiate m...
Japan Heading for Stage Two of its CBDC Pilot in Spring

Japan Heading for Stage Two of its CBDC Pilot in Spring

Japan’s central bank, the Bank of Japan (BoJ) is reportedly gearing up to move into the second phase of its three-part digital yen project- as the nation edges closer to rolling out a centra...
Frost Blights Altcoin Spring, but Fresh Capital May Spur Market

Frost Blights Altcoin Spring, but Fresh Capital May Spur Market

Crypto spring got a touch of the chills today, as, in the midst of what many have called altseason, the markets turned red. However, altcoins may be set to receive some of the money going i...
Ethereum and Altcoins Take Over the Crypto Market, Bitcoin Stable

Ethereum and Altcoins Take Over the Crypto Market, Bitcoin Stable

Bitcoin price remained in a range below the USD 37,500 and USD 38,000 resistance levels. BTC seems to be consolidating, while many altcoins gained bullish momentum. It is currently (13:00 UT...
Hong Kong Crypto Robbers Strike Again: Gang Makes off with 450k Tether Haul

Hong Kong Crypto Robbers Strike Again: Gang Makes off with 450k Tether Haul

Trading crypto in person is becoming increasingly risky in Hong Kong – with a second trader this month robbed by violent thugs after agreeing to swap cash for tokens offline. Per the South C...
Crypto Market Sentiment Leaves the Positive Zone; XRP Wins the Week & Day

Crypto Market Sentiment Leaves the Positive Zone; XRP Wins the Week & Day

As bitcoin (BTC) fell from its recently reached new all-time high, and with the ongoing market volatility over the past week, the market sentiment dropped out of the positive zone it had rea...
Bitcoin Jumps 5%, Altcoins Continue To Gain Traction

Bitcoin Jumps 5%, Altcoins Continue To Gain Traction

Bitcoin price stayed above the USD 34,200 support zone and started a fresh upward move. BTC broke the USD 36,500 resistance level to move into a short-term positive zone. It is currently (13...
Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's

Fed Chief Bets That US's 'First-Mover Advantage' in CBDC Race Is Stronger Than China's

Jerome Powell, the chairman of the US Federal Reserve (the Fed), has suggested that the United States is in no rush to issue a central bank digital currency (CDBC), opining that the dollar’s...
Maduro Promises ‘Revival’ for Venezuela’s Foundering Petro Token

Maduro Promises ‘Revival’ for Venezuela’s Foundering Petro Token

Nicolás Maduro, the disputed President of Venezuela, has predicted big things to come for crypto in the nation in 2021 – claiming that the state-issued petro (PTR) token will undergo a renai...
XRP is One of the Worst Performers Today on Mixed News

XRP is One of the Worst Performers Today on Mixed News

In the sea of green in the crypto market today, there is an island of red - XRP. It's one of the worst performers today following some mixed news. The prices of the large majority of the...
Europeans Warn ECB Not To Mess With Privacy in Digital Euro

Europeans Warn ECB Not To Mess With Privacy in Digital Euro

Over 40% of Europeans who participated in a recent consultation want a digital euro to ensure privacy protection – a suggestion that EU citizens will not take kindly to a digital currency th...
Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge

Further Details of ‘Offline’ Chinese Digital Yuan ‘Hard Wallet’ Emerge

The masterminds behind the digital yuan – the forthcoming Chinese central bank digital currency – have provided further explanation about a new “hard” wallet, which makes no use of smartphon...
Bitcoin and Altcoins Setting Up For Next Move

Bitcoin and Altcoins Setting Up For Next Move

Bitcoin price is holding ground above the USD 33,500 and USD 34,000 support levels. BTC is showing positive signs, but it is still struggling to gain momentum above the USD 35,500 resistance...
Mexico May Be Forced to Issue Digital Peso, Claims Economist

Mexico May Be Forced to Issue Digital Peso, Claims Economist

The Central Bank of Mexico (known locally as Bexico) could be driven to issue a central bank digital currency (CBDC) – whether it likes it or not, said a financial expert. The comments came ...