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Will Bitcoin (BTC) Sustain the Price Level of $50k


Old is gold, and Bitcoin is considered gold among all cryptocurrencies. With strong support at $44000 and $46000, one has to take a minimal risk to scale further uptrend in this cryptocurrency. Bitcoin hasn’t had any new developments on fundamental levels, but being considered digital gold...

Bitcoin Stuck Near USD 50K, Ethereum Eyes USD 4K, SOL Extends Rally


Bitcoin price recovered losses and it climbed above USD 49,200. BTC is currently (11:46 UTC) trading above USD 50,000. A close above this level could push the price higher in the near term. Besides, most major altcoins are trading in a positive zone. ETH regained strength and it broke the USD 3,900...

Fractionalized Doge NFT Hits Implied Valuation of USD 500M


The sale of the DOG tokens representing ownership of the legendary Doge meme non-fungible token (NFT) raked in USD 45m in a recently completed auction. Meanwhile, current DOG token prices on decentralized exchanges values the NFT at USD 500m. The famous NFT, which was purchased by the digital...

Australian Dollar Prediction AUD-USD Sees Domestic Data Prints Before NFP


The Australian dollar, a risk-sensitive currency,  is surging after the closing of the Asia-Pacific trading week. Another factor supporting its growth is the data regarding US jobs, showing relief in the number of infected. During the recent Wall Street trading session, traders dropped the...

Pangolin Native DEX Joins Avalanche Rush Program With $2M Allocation


Pangolin will accompany the newly launched incentive by the Avalanche Association. The decentralized trading network, Pangolin, will be granted $2M as part of their alliance with the “Avalanche Rush” initiative. These profits bestowed on Pangolin will be in the form of AVAX tokens...

Earn by Holding USDCoin in V2 of the BlockBank Application


BlockBank will be enabling its users to earn interest on the stablecoin USD Coin (USDC), with rates up to 60x the US national average of a traditional savings account. Best of all, your USDC is guaranteed by BlockBank, giving you complete certainty whilst you earn interest. With the BlockBank...

Pollen DAO Raises 5M USD to Build the Uniswap of Asset Management


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Tortola, British Virgin Islands, 3rd September, 2021, Pollen DAO Is proud to announce successful fundraising to the tune of 5 million USD. The DAO project aims to become the Uniswap of Asset Management. Pollen...

12-year-old NFT Whizz Rakes in USD 400K in Ethereum – and Wants to HODL it


Benyamin Ahmed. People say that crypto is complicated. But it’s actually child’s play – literally. Whether it’s nine-year-olds mining ravencoin (RVN) using their brothers’ gaming consoles, or teenage Bitcoin (BTC) miners raking in USD 54,000 a month, the next generation is embracing crypto with...

Bitcoin Again Looking Bullish as Price Tests USD 50K


The price of the number one cryptocurrency bitcoin (BTC) once again traded above the key USD 50,000 level today, as technical analysts say the price is in “an interesting spot,” and on-chain metrics appear strong. At the time of writing (11:08 UTC), bitcoin was up by 5% for the past 24 hours....

Bitcoin Plays With USD 50K, Ethereum, ADA, XRP Target Additional Gains


Bitcoin price started a steady increase above the USD 48,500 resistance. BTC is currently (11:57 UTC) gaining pace above USD 49,500 and it could rally further above USD 50,000. A close above USD 50,000 might set the pace for a move towards USD 52,000. Besides, many major altcoins are rising...

Bitcoin Nears USD 50K, Ethereum, Cardano Rally


Bitcoin price remained well bid above the USD 46,500 level. BTC started a fresh increase above the USD 48,500 resistance level. It is currently (04:25 UTC) trading above USD 49,200 and it might soon clear USD 50,000. Similarly, many major altcoins gained bullish momentum. ETH is up almost 9% and...

9- and 14-year-old Bitcoin, ETH, RVN Miners ‘Make USD 30,000 a Month’


As children around the world return to school, one nine-year-old elementary schooler will have an interesting answer to the tired old question: What did you do over the summer break? Instead of tales of swimming pools and bike rides, she will instead recount how she spent the time building ethereum...

El Salvador Parliament Green-lights USD 150M Bitcoin Fund as Critics Scoff


Bitcoin (BTC) path to becoming legal tender in El Salvador cleared another hurdle, with parliament approving a bill to launch a USD 150m adoption fund – but government critics continue to voice their discontent. The fund’s approval by the National Assembly was never in doubt due to the size of...

Centre Consortium Working to Create ‘Global Network’ of Stablecoins


Centre, the consortium created by Circle and Coinbase around USD coin (USDC), has assembled a team of new executives to power its expansion overseas. The new team, comprising six new executives assembled by David Puth, CEO of Centre, will look to support new partners and add new alliances to keep...

A Top NFT Project Sees More Than USD 115M in Sales in One Week


Four non-fungible token (NFT) projects stood out since their very recent launches: 0N1 Force, CyberKongz, Generativemasks, and Pudgy Penguins, per the latest report by data aggregator and analysis firm DappRadar. The first three have all been launched in August, while the last one was launched...

Man Fakes Own Kidnapping and Runs Off with USD 1.15M in Clients’ Bitcoin


The head of the biggest police agency in Venezuela says that a crypto go-between appears to have faked his own kidnapping as part of an audacious bid to disappear with some USD 1.15m worth of his customers’ bitcoin (BTC) funds. Per El National and an Instagram post from Douglas Rico, the head...

Bitcoin Struggles Below USD 48K, SOL Extends Rally


Bitcoin price failed to continue higher above USD 49,000 and started a fresh decline. BTC broke the USD 48,000 support level and it even traded below USD 47,000. The current (04:39 UTC) price action is somewhat negative, with a major support near USD 46,200. Similarly, most major altcoins...

Decentralized Bitcoin Exchange, USD 100M DeFi Initiative + 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. _____ Exchanges news Payment giant Square and social media giant Twitter CEO Jack Dorsey said that Square's new division focused on creating...

Fantom Rallies, Solana Hits USD 100 on Continued DeFi, NFT Craze


The smart contract platform Fantom and its FMT token stood out as the big winner in the crypto market today, after a massive weekend price rally fuelled by growth in the decentralized finance (DeFi) and non-fungible token (NFT) trading. Meanwhile, the Solana network’s native token SOL also shot...

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