Crypto News

Business Giants Invest USD 60m in Blockchain-powered Payment Firm Chai

Business Giants Invest USD 60m in Blockchain-powered Payment Firm Chai

A group of South Korean and Japanese business giants including Hanhwa Investment & Securities, SoftBank and SK have joined more established blockchain investors to complete a Series B invest...

JPMorgan's Coin In Action, ECB Money Printer Heats Up, Metamask in DeFi + More News

JPMorgan's Coin In Action, ECB Money Printer Heats Up, Metamask in DeFi + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Banking news US-based major investment...

Bitcoin and Altcoins Struggle To Gain Bullish Momentum

Bitcoin and Altcoins Struggle To Gain Bullish Momentum

After a strong recovery wave above USD 18,200, bitcoin price faced a strong resistance. BTC is struggling to clear the USD 18,500 level and it might start a fresh increase. The price is curr...

Bitcoin and Altcoins Start Recovering After Sharp Selloff

Bitcoin and Altcoins Start Recovering After Sharp Selloff

After a clear break below the USD 18,500 support, bitcoin price extended its decline below the USD 18,000 level. BTC even spiked below the USD 17,800 level and tested the USD 17,650 support ...

Apple Co-Founder Wozniak-Backed Token Doubles in a Day

Apple Co-Founder Wozniak-Backed Token Doubles in a Day

Apple co-founder Steve Wozniak's week-old token called efforce (WOZX) skyrocketed and doubled in a single day. At pixel time (11:51 UTC), WOZX trades at USD 2.85 and up by 89% in a day,...

Binance Coin, Monero, Dogecoin Price Analysis: 09 December

Binance Coin, Monero, Dogecoin Price Analysis: 09 December

After a week of choppiness around $19,000, Bitcoin dropped beneath $18,600 and was trading at $18,135 at press time. Binance Coin looked set to drop to support at $26.7. Monero, one of the s...

Standard Chartered partners with Northern Trust to launch Zodia, a crypto custodian for BTC, XRP, ETH, BCH, LTC

Standard Chartered partners with Northern Trust to launch Zodia, a crypto custodian for BTC, XRP, ETH, BCH, LTC

One of the leading International banking groups, Standard Chartered has taken its first step towards cryptocurrency. Its innovation arm, SC Ventures announced a partnership with Northern Tru...

Bitcoin SV, EOS, Chainlink Price Analysis: 09 December

Bitcoin SV, EOS, Chainlink Price Analysis: 09 December

Bitcoin dropped from $19,156 to $18,248 at press time, marking close to 5% loss over 24 hours. The altcoin market reacted by posting losses as well. Chainlink could see a bounce off the $11....

Binance Coin, Monero, Dogecoin Price Analysis: 08 December

Binance Coin, Monero, Dogecoin Price Analysis: 08 December

Bitcoin shed nearly 3% in a matter of hours following a move down from $19,298 to a low of $18,700. This affected the rest of the market as well. Binance Coin dropped beneath a level of supp...

Binance P2P makes headway in Asia as it adds Sri Lanka Rupee, Cambodia Riel

Binance P2P makes headway in Asia as it adds Sri Lanka Rupee, Cambodia Riel

Binance has been expanding its peer-to-peer trading list. It has announced the addition of not one but four fiats to its P2P trading platform. It has now added Myanmar Kyat [MMK], Lao Kip [L...

Give Commercial Banks More Power over Digital Ruble – Industry Leader

Give Commercial Banks More Power over Digital Ruble – Industry Leader

Commercial banks should be the gatekeepers of the digital ruble: This was the message from a Russian crypto and blockchain industry group chief – as the nation’s Central Bank gears up to lau...

Why Ethereum is the most dominant cryptocurrency?

Why Ethereum is the most dominant cryptocurrency?

Ethereum is the most dominant cryptocurrency among the Top 4, based on activity, updates and the highest Github submission rate. The development team of Ethereum makes daily routine submissi...

Bitcoin SV, EOS, Aave Price Analysis: 08 December

Bitcoin SV, EOS, Aave Price Analysis: 08 December

Ethereum has been dormant in the short-term, and Bitcoin Dominance has also been relatively flat over the past few days. The altcoin market was waiting for a breakout or breakdown. Bitcoin S...

Is DeFi eating Wall Street?

Is DeFi eating Wall Street?

Will DeFi with its inverse BTC correlation eat Wall Street? In his latest tweet, Tyler Winklevoss of Gemini Exchange mentioned that “DeFi is the software that is starting to eat Wall Street”...

Polkadot, Cosmos, Algorand Price Analysis: 08 December

Polkadot, Cosmos, Algorand Price Analysis: 08 December

Bitcoin has posted excellent gains on its way to ATH but the momentum stalled over the past week. At press time BTC was trading at $18,803 with a market cap of $349 billion.Source: CoinStats...

China Preparing to Wow World with Digital Yuan at Winter Olympics

China Preparing to Wow World with Digital Yuan at Winter Olympics

China appears to be targeting the 2022 Winter Olympics as a showcase for the digital yuan – and will hope to show a global audience how fast and effective its new payment system is. Beijing ...

Was this weekend different than the previous ones for Bitcoin?

Was this weekend different than the previous ones for Bitcoin?

Another weekend for Bitcoin’s price action has passed quietly. The entire week, as Bitcoin’s price hit new ATH, there was the anticipation of the price crossing $20000. There was an increase...

Ethereum long-term Price Analysis: 08 December

Ethereum long-term Price Analysis: 08 December

With the collective digital asset market showing little change over the past week, Ethereum too was victim to the same. Ether value ranged roughly between $565 and $620, maintaining position...

Step 1 for Companies: Buy Bitcoin; Step 2: Issue Their Own Token - Arca

Step 1 for Companies: Buy Bitcoin; Step 2: Issue Their Own Token - Arca

After they've bought some bitcoin (BTC), companies will want to issue their very own tokens, and this may be coming sooner than we think, according to Jeff Dorman, Chief Investment Offic...

SBI Digital Asset Holdings to partner with SIX Exchange

SBI Digital Asset Holdings to partner with SIX Exchange

SBI Holdings has already established itself as a major player in the world of cryptocurrency teaming up with Ripple. Now, the banking giant has announced through its subsidiary SBI Digital A...

Here’s how many Bitcoin is left for retailers to buy

Here’s how many Bitcoin is left for retailers to buy

Let’s pick up where MicroStrategy left off – their additional purchase of bitcoin, which leaves them with a total of 40,824 BTC. While this may be bullish for bitcoin and everyone in the eco...

Bitcoin and Altcoins Turn Red After Multiple Failures

Bitcoin and Altcoins Turn Red After Multiple Failures

After multiple failed attempts near USD 19,500, bitcoin price dropped and broke the USD 19,000 support level. The price is currently (05:00 UTC) down over 2% and it could continue to move lo...

Facebook may face a lawsuit over its crypto project’s rebranding

Facebook may face a lawsuit over its crypto project’s rebranding

Facebook has been having a tough time dodging lawsuits with respect to its crypto-project. The social media giant rebranded its crypto project from Libra to Diem and announced it on 1 Decemb...

Litecoin short-term Price Analysis: 08 December

Litecoin short-term Price Analysis: 08 December

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment adviceThe Litecoin market has been continuously swinging and is now...

Facebook’s Libra Rebrand Hits Another Name-Change Snag as UK Diem Lawyers up

Facebook’s Libra Rebrand Hits Another Name-Change Snag as UK Diem Lawyers up

Facebook’s latest efforts to rebrand its Libra stablecoin project, recently renamed Diem, appear to have hit the rocks – again – with a British fintech firm of the same name preparing legal ...

Blockstack Token's Conversion to Non-Securities Would be 'Unprecedented'

Blockstack Token's Conversion to Non-Securities Would be 'Unprecedented'

After the launch of Stacks Blockchain 2.0, stacks tokens (STX) will no longer be treated as a security in the US, finally opening the doors to US investors, said the company's co-founder...

‘Strong support across G7 on the need to regulate cryptocurrencies’

‘Strong support across G7 on the need to regulate cryptocurrencies’

During a recent G-7 meeting held on 7 December, US Treasury Secretary Steven T. Mnuchin hosted a discussion that included ongoing responses to “evolving landscape” of crypto assets and other...

Bitcoin: What will price discovery above $20,000 need?

Bitcoin: What will price discovery above $20,000 need?

2017, the year of the historic bull run, was also the year of extremes. On the contrary, 2018 was the year of the big drop while 2019 was the year when the brave HODLed and weak hands sold B...

1% ETH staked in deposit contract as decentralization numbers get ‘a bit worse’

1% ETH staked in deposit contract as decentralization numbers get ‘a bit worse’

With over 1 million ETH amounting to nearly $690 million being staked in the ETH 2.0 deposit contract, more and more exchanges and custodians are making staking services available to thousan...

Cardano long-term Price Analysis: 07 December

Cardano long-term Price Analysis: 07 December

Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment adviceCardano’s valuation was continuing to hold its position above...

Bitcoin, Ethereum, and Tether get mentions on season premiere of ‘Shameless’

Bitcoin, Ethereum, and Tether get mentions on season premiere of ‘Shameless’

Major cryptocurrencies Bitcoin, Ethereum, and Tether have all got a mention on the Season 11 premiere of the long-running American comedy-drama television series “Shameless” which features o...

Paris court sentenced Russian hacker to 5 years in prison

Paris court sentenced Russian hacker to 5 years in prison

A court in Paris sentenced alleged Russian Bitcoin hacker Alexander Vinnik to five years in prison for crimes connected to money laundering and for providing false information about the orig...

Here's What You Need to Know About the Incoming Spark Airdrop to XRP Holders

Here's What You Need to Know About the Incoming Spark Airdrop to XRP Holders

December 12 will see an airdop of 45 billion spark tokens at a 1:1 ratio to XRP holders by blockchain platform Flare Network, which is backed by Ripple's investment arm RippleX (formerly...

Circle CEO thinks Biden admin likely to be supportive of cryptocurrencies

Circle CEO thinks Biden admin likely to be supportive of cryptocurrencies

CEO and founder of the digital currency company Circle, Jeremy Allaire thinks that the Biden administration is likely to be supportive of cryptocurrencies and the benefits the US can obtain ...

Two factors why Ethereum has good reason to be bullish

Two factors why Ethereum has good reason to be bullish

Ethereum, the market’s second-largest cryptocurrency and the king of the altcoins, exhibited bullish bias at the time of writing. For the same, there seemed to be more than two reasons behin...

Crypto Listing and Delisting Announcements: Week 49

Crypto Listing and Delisting Announcements: Week 49

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

Ethereum, NEM, FTX Token Price Analysis: 07 December

Ethereum, NEM, FTX Token Price Analysis: 07 December

Ethereum registered its highest weekly close in the past 120 weeks with a price level of $601.95. While the short-term outlook and momentum remained neutral over the past few days, ETH bulls...

Bitcoin: Why the short-term bearish trend may already be here

Bitcoin: Why the short-term bearish trend may already be here

With Bitcoin’s price trending closer to $20,000, on-chain analysts are suggesting that an upcoming correction may soon become inevitable. This is a strong possibility, despite the consistent...

Crypto Market Sentiment Unchanged, Litecoin Takes The Week's Throne

Crypto Market Sentiment Unchanged, Litecoin Takes The Week's Throne

A new month has begun, the last in 2020, and its first week saw no change in the Cryptoverse's market sentiment. The combined moving 7-day average crypto market sentiment score (sentscor...

MicroStrategy Buys More Bitcoin, Hong Kong Eyes Digital Yuan + More News

MicroStrategy Buys More Bitcoin, Hong Kong Eyes Digital Yuan + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Investments news MicroStrategy CEO Mic...

Bitcoin short-term Price Analysis: 07 December

Bitcoin short-term Price Analysis: 07 December

Disclaimer: The findings of the following article are the sole opinions of the writer and should not be taken as investment adviceBitcoin, the world’s largest cryptocurrency, briefly tested ...

Bittrex launches tokenized stocks trading for Tesla, Apple, Google, others

Bittrex launches tokenized stocks trading for Tesla, Apple, Google, others

Bermuda-based cryptocurrency exchange Bittrex today announced that it will list tokenized stocks on its platform in cooperation with DigitalAssets.AG. With this move, traders and investors w...

Bitcoin and Altcoins Show Initial Signs of Fresh Increase

Bitcoin and Altcoins Show Initial Signs of Fresh Increase

In the past few sessions, bitcoin price traded in a range below the USD 19,500 resistance. BTC also remained stable above USD 18,500 and USD 19,000. The price is currently (13:00 UTC) showin...

XRP is one of the ‘more intriguing cryptocurrencies,’ says FRMO Corp

XRP is one of the ‘more intriguing cryptocurrencies,’ says FRMO Corp

FRMO Corp., a reputed financial risk management company, is in the news today after it recently made a case for investing in cryptocurrencies, particularly XRP, via its latest Shareholder le...

What’s stopping Bitcoin from climbing to $20,000?

What’s stopping Bitcoin from climbing to $20,000?

When Bitcoin’s price hit a new ATH on most cryptocurrency exchanges, traders expected it to hit $20,000 quickly. However, the crypto-asset soon faced a wave of corrections following the same...

Stellar Lumens, Polkadot, Status Price Analysis: 07 December

Stellar Lumens, Polkadot, Status Price Analysis: 07 December

Stellar Lumens was in a phase of consolidation before a breakout from the $0.172-level on the charts. Further down the crypto-ladder, while Polkadot had bearish momentum and could lose the $...

Bitcoin Cash, IOTA, Enjin Price Analysis: 06 December

Bitcoin Cash, IOTA, Enjin Price Analysis: 06 December

Bitcoin Cash exhibited some volatility over the past two weeks, with the market appearing to be indecisive at press time, although a downside seemed like a safer bet. Bitcoin will have a hug...

Binance Coin, Synthetix, Nano Price Analysis: 06 December

Binance Coin, Synthetix, Nano Price Analysis: 06 December

Binance Coin could be set to lose the level of support at $29 to the market’s bears over the next few days after noting a lack of buying volume over the past two weeks. The bullish momentum ...

What’s next for Bitcoin and Gold’s correlation?

What’s next for Bitcoin and Gold’s correlation?

When Bitcoin decoupled from Gold in November 2020, on-chain analysts predicted that it was gearing up to hit a new ATH on the charts. As it happened, that’s exactly what happened. However, t...

How Bitcoin’s active supply hit both an ATH and an ATL

How Bitcoin’s active supply hit both an ATH and an ATL

Bitcoin, at the time of writing, was trading well above $19,000 on the charts. However, while that is a bullish observation, a closer look at Bitcoin’s fundamentals would reveal a contradict...