Cryptocurrency News Today

Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250
8 months ago

Ethereum Seems Resilient Above $200: Here’s Strong Case For Rally To $250

Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels. ETH price is showing positive signs above $200 pivot level again...

Ethereum Traders Are Extremely Bullish Despite Multiple Looming Storm Clouds
8 months ago

Ethereum Traders Are Extremely Bullish Despite Multiple Looming Storm Clouds

Ethereum and the rest of the cryptocurrency market have experienced a healthy retracement over the past five days after weeks upon weeks of rallying. From the monthly highs, ETH is down from $227 to $208 — a price correction that is just ...

Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts
8 months ago

Ethereum Privacy Protocol Takes Foot Off Brake With Entirely Immutable Contracts

Tornado.cash has launched complete immutability for its smart contracts, despite the potential security risks. Fledgling Ethereum anonymization protocol Torn...

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $9,500
8 months ago

Bitcoin Price Topside Bias Vulnerable Unless It Surges Past $9,500

Bitcoin started a strong downside correction from the $9,945 high against the US Dollar. BTC tested the $8,800 support area and it is currently correcting higher. Bitcoin is trading above the key $8,800 and $9,000 support levels. The price ...

Grayscale Bitcoin Fund Assets Grow 10x Year-Over-Year
8 months ago

Grayscale Bitcoin Fund Assets Grow 10x Year-Over-Year

Grayscale Investment’s flagship Bitcoin Trust fund has seen a ten-fold increase in assets under management year-over-year. The average weekly investment in Q1 2019 was just $3.2 million, compared to nearly $30 million this year. The growt...

Coinbase to Custody FTX’s Exchange Token
8 months ago

Coinbase to Custody FTX’s Exchange Token

Coinbase Custody has been selected by the Binance-backed derivatives exchange FTX to store and insure its exchange token, FTT. Coinbase has announced that it...

The Chinese Yuan is Falling Once Again — and That’s Key for the Bitcoin Bull Case
8 months ago

The Chinese Yuan is Falling Once Again — and That’s Key for the Bitcoin Bull Case

Last year, one of the biggest narratives in the Bitcoin market was that tensions between China and the U.S. — which culminated in a massive trade war — was pushing cryptocurrencies higher. Whenever President Donald Trump tweeted about U...

Reddit’s Co-Founder Believes We Are In 'Crypto Spring'
8 months ago

Reddit’s Co-Founder Believes We Are In 'Crypto Spring'

Reddit’s co-founder believes the crypto markets have entered Spring, highlighting robust development in the space. Reddit co-founder Alexis Ohanian has des...

Reddit CEO: Bitcoin Is “Here to Stay” Because of Wall Street Involvement
8 months ago

Reddit CEO: Bitcoin Is “Here to Stay” Because of Wall Street Involvement

When Bitcoin crashed to $3,700 in March on the back of a global liquidation in financial markets, there were many throwing in the towel. At the time, there were prominent analysts calling for the cryptocurrency to fall under 2018’s lo...

Ethereum Breached Crucial Resistance, Setting the Stage for a 15-20% Rally: Analyst
8 months ago

Ethereum Breached Crucial Resistance, Setting the Stage for a 15-20% Rally: Analyst

It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%. But when measuring the performance of some cryptocurrencies against Bi...

Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi
8 months ago

Tyler Winklevoss: Stablecoin Race to Begin When Wall St Embraces DeFi

Tyler Winklevoss believes that stablecoins will not truly emerge until Wall Street embraces the DeFi sector. Investor, early crypto adopter, and CEO of Gemin...

Jobless Claims Reveal Ongoing Impact of Economic Shutdown
8 months ago

Jobless Claims Reveal Ongoing Impact of Economic Shutdown

Recent initial jobless claims have begun to slow, offering hope that the impact of the COVID-19 pandemic is slowing. However, a comparison with the continuing job claims reveals that economic stability is still pending. The analysis in the ...

Despite ongoing rally, OmiseGo would need to rally over 1,400% to reclaim highs
8 months ago

Despite ongoing rally, OmiseGo would need to rally over 1,400% to reclaim highs

OmiseGo – a relatively small crypto with a market cap of $261 million – has been caught within the throes of a parabolic uptrend over the past several days. The post Despite ongoing rally, OmiseGo would need to rally over 1,400% to rec...

Bitcoin Investment App CEO Calls BTC a Monetary Revolution, Not a Technical One
8 months ago

Bitcoin Investment App CEO Calls BTC a Monetary Revolution, Not a Technical One

Bitcoin is not yet a go-to investment option in the public eye, but those days could be coming. What needs to happen for Bitcoin (BTC) to cement its role in...

Upland taps Second Life tech to sell digital properties for cash
8 months ago

Upland taps Second Life tech to sell digital properties for cash

Flip virtual flats for crypto or cash? It’ll be your choice once Linden Labs’ Tilia Pay is implemented within the blockchain-based game.

Crypto Exchanges Still Taking Umbrage at Binance’s Coinmarketcap Ranking Play
8 months ago

Crypto Exchanges Still Taking Umbrage at Binance’s Coinmarketcap Ranking Play

Following on from one of crypto’s bigger, and controversial, acquisitions, the fears of conflicts of interest with Binance buying out Coinmarketcap came to a head recently with their revamped exchange ranking system. Bianance’s take ove...

Bitcoin Must Hold $9,000s or Bulls Will Have to “Throw in the Towel”: Analyst
8 months ago

Bitcoin Must Hold $9,000s or Bulls Will Have to “Throw in the Towel”: Analyst

From the $8,800 lows seen on Thursday, Bitcoin has registered a healthy rebound, recently retaking $9,200. While this bounce off the lows has made many traders optimistic, the cryptocurrency remains on the edge of a cliff, a new analysis su...

Bitcoin P2P trading in Africa hits $14.6M, displaces Latin America for #1
8 months ago

Bitcoin P2P trading in Africa hits $14.6M, displaces Latin America for #1

Things continue to get better for cryptocurrency in Africa as the technology continues to gain more adoption and set new records. The most recent is the Bitcoin P2P trading in Africa, reaching over $14M across P2P platforms, such as Paxful,...

Ripple Triggers Crypto Whale Alert, Moving 50,000,000 XRP in Single Transaction
8 months ago

Ripple Triggers Crypto Whale Alert, Moving 50,000,000 XRP in Single Transaction

Traders are tracking a large crypto movement from Ripple, which sent 50 million XRP from one of its wallets to a separate wallet of unknown origin. Ripple routinely moves one billion XRP in and out of escrow each month, making the funds ava...

Myanmar crypto ban ineffective as locals continue trading
8 months ago

Myanmar crypto ban ineffective as locals continue trading

Myanmar crypto ban has seen many locals continue to embrace the digital assets unperturbed. However, the government still maintains that the Bitcoin and Altcoin ban at the beginning of May still stands. The authorities have said that crypto...

Crypto Community Remains a Hindrance to Mass Adoption
8 months ago

Crypto Community Remains a Hindrance to Mass Adoption

If there is one thing that has been learnt this past month in the cryptocurrency community it is that there is a long way to go in terms of enticing and welcoming people in. The cryptocurrency community has always been known to be veracious...

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