Today, current support holds as buyers push Cardano (ADA) to the high of $2.06. Later on, the cryptocurrency has fallen to another low after bears broke the 50-day line SMA. ADA/USD has fallen to the low of $1.91 as bulls bought the dips.The break of the 50-day line SMA has pushed altcoin into the downtrend.… Continue reading Cardano Declines to the Previous Low at $1.91 as Bears Resume Selling Pressure
Tag: cryptocurrency
Solana ($SOL) CEO Pushes Back on Crypto ‘Bubble’ Claims
Anatoly Yakovenko, Co-Founder and CEO of Solana Labs, the technology company that is building high-performance L1 blockchain Solana, has refuted the notion that the crypto markets are in a bubble. During an interview on September 3 with Decrypt Daily podcast host Matthew Diemer, Yakovenko pushed back on the idea that the cryptomarkets are overvalued, despite… Continue reading Solana ($SOL) CEO Pushes Back on Crypto ‘Bubble’ Claims
Cramer's lightning round: 'Go buy some Ethereum' instead of Hut 8 Mining
It's that time again! "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed. Hut 8 Mining Corp.: "Blockchain company, they're a dime a dozen, unfortunately. I wish it were more special than that. I don't think you have anything proprietary with… Continue reading Cramer's lightning round: 'Go buy some Ethereum' instead of Hut 8 Mining
Monetary Authority Of Singapore Puts Binance On Investor Alert List For Violating Payment Laws
Singapore Monetary Authority has placed the Binance exchange on its alert list of investors on Wednesday. This is due to some concerns about the possibility that the crypto exchange might have violated the local payments laws. On Sunday, the global crypto exchange has announced its intention to cancel its product offering in the country. This… Continue reading Monetary Authority Of Singapore Puts Binance On Investor Alert List For Violating Payment Laws
Cryptocurrency Market Analysis: Top 5 Losers of August 2021
The market saw massive gains throughout the month of August. However, not all cryptocurrencies traded positively. Some coins recorded losses, but they were not as high as in July. All of the top 10 coins are trading in the green, with the exception of Dogecoin (DOGE, $0.2822), which is down only 0.42% over the past… Continue reading Cryptocurrency Market Analysis: Top 5 Losers of August 2021
Zventus Set To Modernize Legacy Mortgage Processes With Blockchain
Business services provider Zventus has launched a blockchain lab for the financial services industry, specifically focused on modernizing the mortgage sector. The new Mortgage Blockchain Lab will focus on developing new products, services, and solutions to enhance the loan process. Zventus’ core competencies is combined with blockchain innovations to make mortgage loans more secure, easier… Continue reading Zventus Set To Modernize Legacy Mortgage Processes With Blockchain
BC.GAME Achieves Major Crypto Milestone! Converts License into NFT!
We have fantastic news to share with you today! BC.GAME just added another feather to their cap! BC.GAME is now the proud owner of the much-awaited Curacao License! Curacao Interactive Licensing N.V.(CIL) is one of the top four most popular globally acknowledged casino licenses! In addition, Curacao Interactive Licensing N.V.(CIL) is one of the four… Continue reading BC.GAME Achieves Major Crypto Milestone! Converts License into NFT!
Bitcoin ATM Operators Form Consortium To Tighten Compliance Standards
Leading Bitcoin ATM operators such as DigitalMint and Coinsource, have led a consortium to form the Cryptocurrency Compliance Cooperative (CCC) that will focus on establishing compliance standards for the cash-to-cryptocurrency industry, including Bitcoin ATM operators. The compliance standards are currently deemed by many to be insufficient. The CCC will advocate on behalf of the cash-to-cryptocurrency… Continue reading Bitcoin ATM Operators Form Consortium To Tighten Compliance Standards
Solana Surpasses Polkadot and USD Coin, Eyeing the 7th Place in Cryptocurrency Ranking
Bitcoin, the original cryptoasset, fails to challenge the $50k mark once again. While Bitcoin (BTC) is still struggling below $49,000, Solana (SOL) has overtaken Polkadot (DOT) and USD Coin (USDC) in the last 24 hours to become the world's number 8 cryptocurrency by market cap. Recently, Solana has shown a remarkable performance by equalizing and… Continue reading Solana Surpasses Polkadot and USD Coin, Eyeing the 7th Place in Cryptocurrency Ranking
Bithumb Global will List PointPay Cryptocurrency Bank PXP Token
On August 31, 2021 cryptocurrency exchange BitGlobal is going to list the PointPay cryptocurrency bank token, PXP, on the Gem board. Deposits will be available on August 30, 2021, and trading in the PXP/USDT pair will be available on August 31. On August 24, 2021, BitGlobal, a cryptocurrency exchange ranked in the top 30 by… Continue reading Bithumb Global will List PointPay Cryptocurrency Bank PXP Token
Crypto Investment Products’ Total AUM Surge to $54.8 Billion
The total assets under management (AUM) across all cryptocurrency investment products have increased 57.3% to $54.8 billion as the prices of most top cryptocurrencies have started recovering in late July. According to the August edition of CryptoCompare’s Digital Asset Management Review, Bitcoin-focused investment products saw their total assets under management rise 51.9% to $38.1 billion but… Continue reading Crypto Investment Products’ Total AUM Surge to $54.8 Billion
Polkadot in a Sideways Move, Struggles Below $27 High
Polkadot's price has traded and retested the $27 price level twice. On the second retest, the price of DOT is fluctuating below the $27 resistance zone. The price consolidates above the $26 support and retests the resistance level. Traders believe that consolidation below a resistance level increases the chances of a breakout. Currently, a breakout… Continue reading Polkadot in a Sideways Move, Struggles Below $27 High
Japanese crypto exchange Liquid hit by estimated $94 mln hack
LONDON, Aug 19 (Reuters) – Japanese cryptocurrency exchange Liquid said on Thursday it was hit by hackers in a theft estimated to top $94 million, in the latest targetting of a crypto platform. “We are sorry to announce that #LiquidGlobal warm wallets were compromised, we are moving assets into the cold wallet,” it said on… Continue reading Japanese crypto exchange Liquid hit by estimated $94 mln hack
Ohio man pleads guilty to running $300 million bitcoin laundering conspiracy that helped drug traffickers
An Ohio man has pleaded guilty in a money laundering conspiracy in which he moved more than $300 million worth of bitcoin to help users hide the source of their cryptocurrency. Larry Dean Harmon agreed as part of his plea to surrender more than 4,400 bitcoins, currently valued at more than $200 million. The Darknet… Continue reading Ohio man pleads guilty to running $300 million bitcoin laundering conspiracy that helped drug traffickers
Walmart is Hiring a Cryptocurrency Product Lead; Should the Community Celebrate?
The crypto community is once again stunned by the news that Walmart is hiring a digital currency product manager in hopes that the multinational company may soon accept bitcoin or another cryptocurrency. However, this news should be taken with a grain of salt, as Amazon shocked the world when it advertised a similar position and… Continue reading Walmart is Hiring a Cryptocurrency Product Lead; Should the Community Celebrate?
Microsoft To Fight Piracy With Ethereum, Introduces Project Argus
When it comes to software piracy platforms, the top performers remain for the office productivity suite and Windows operating system. So it’s not a surprise that the developer of the two products, Microsoft, takes its moves in creating Ethereum backed anti-piracy measures. Microsoft’s research department released a recent document involving contributions of other researchers from… Continue reading Microsoft To Fight Piracy With Ethereum, Introduces Project Argus
Spanish Authorities Warn Cryptocurrency Exchanges For Unregistered Services
Cryptocurrency businesses have continued to receive pressure globally from different regulatory bodies. For example, the Spanish National Securities Market Commission (CNMV) recently released a warning to many financial markets and crypto-related businesses. The warning is on unregistered services which they offer. From the official document from CNMV, about 11 entities received the warning from the… Continue reading Spanish Authorities Warn Cryptocurrency Exchanges For Unregistered Services
Binance Coin Declines as Bears Resume Selling Pressure to $340 Low
Yesterday, Binance Coin (BNB) continued its upward trend, reaching a high of $410. The cryptocurrency is facing resistance at the recent high. The current resistance is the historical price level from June 3. The corresponding rejection sent BNB/USD down to a low of $224 on June 24. If the bulls break the $410 resistance today,… Continue reading Binance Coin Declines as Bears Resume Selling Pressure to $340 Low
Is the cryptocurrency epicenter moving away from East Asia?
It probably came as little surprise last year when crypto intelligence firm Chainalysis declared East Asia “the world’s largest cryptocurrency market,” accounting for 31% of all cryptocurrency transacted during the previous 12 months. The region has a broad base of retail users along with a solid foundation of crypto traders and institutions, and China alone… Continue reading Is the cryptocurrency epicenter moving away from East Asia?
The Top 5 Cryptocurrency-Friendly Politicians in 2021
If there were a Crypto Republic, these heads of state would potentially be its leaders. From adopting cryptocurrencies as their respective country's currency to passing crypto-friendly regulations, they are the true unsung heroes of the crypto revolution. Steady growth Cryptocurrencies have risen so quickly that almost everyone is talking about them. There are far too… Continue reading The Top 5 Cryptocurrency-Friendly Politicians in 2021
Polkadot is in a Tight Range between $17 and $20 as Bulls Targets the $25 High
The price of Polkadot (DOT) has made impressive moves as the altcoin breaks above the moving averages. Today, DOT /USD was forced to move sideways below resistance at $20. The altcoin has been fluctuating between $17 and $20 since August 1. On the upside, a break above the $20 resistance will catapult the altcoin to… Continue reading Polkadot is in a Tight Range between $17 and $20 as Bulls Targets the $25 High
'A Lazy Way to Showcase NFTs' — Mark Cuban's Lazy.com NFT Platform Integrates With Polygon – Blockchain Bitcoin News
On Thursday, the non-fungible token (NFT) platform and digital art gallery backed by Mark Cuban announced the project has integrated with Polygon. The platform allows anyone to showcase NFTs by leveraging a unique lazy URL to social media profiles, and the integration announcement highlights the protocol is now live on Polygon mainnet. Lazy.com Joins Polygon… Continue reading 'A Lazy Way to Showcase NFTs' — Mark Cuban's Lazy.com NFT Platform Integrates With Polygon – Blockchain Bitcoin News
Top 5 Crypto Tokens Performers of July, 2021 Increased due to 2020 Summer Olympics
In the last 30 days, the total cryptocurrency market capitalization for over 11,125 tokens in the world increased from $1.367 trillion to $1.623 trillion. The growth of the market cap can be attributed to the increasing use of digital currencies and non-fungible tokens (NFTs) in the ongoing Summer Olympics 2020. For example, there were over… Continue reading Top 5 Crypto Tokens Performers of July, 2021 Increased due to 2020 Summer Olympics
Dash Launches App To Enable Dash Crypto Usage At Retail Locations Across US
Dash has launched an App to enable customers to use the Dash cryptocurrency for purchases at retail locations and online across the United States. Using the DashDirect app, customers can use the Dash digital currency at more than 155,000 in-store retail locations and more than 125 online retailers for everyday spending. DashDirect is an instant-savings… Continue reading Dash Launches App To Enable Dash Crypto Usage At Retail Locations Across US