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Bitcoin Again Looking Bullish as Price Tests USD 50K
2.9.2021
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
2.9.2021
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
2.9.2021
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’
1.9.2021
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...
Ethereum’s Crypto Economy Dominance Nears 20% as Ether Prices Rocket to Fresh Highs
1.9.2021
The world’s second-leading crypto asset in terms of market valuation, ethereum, has seen significant gains during the last few days. Over the last 24 hours, ether values have jumped over 5% and during the course of the last week, ether has gained 11.8%. The crypto asset’s $417 billion...
El Salvador Parliament Green-lights USD 150M Bitcoin Fund as Critics Scoff
1.9.2021
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
1.9.2021
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
31.8.2021
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
31.8.2021
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
31.8.2021
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
30.8.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
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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
30.8.2021
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...
Cream Finance Suffers USD 25M Flash Loan Attack
30.8.2021
Decentralized finance (DeFi) project Cream Finance (CREAM) confirmed that they've suffered an exploit today.
"C.R.E.A.M. v1 market on Ethereum has suffered an exploit, resulting in a loss of 418,311,571 in AMP and 1,308.09 in ETH, by way of reentrancy on the AMP token contract," the team...
Man Sues Parents Of Boys Accused Of USD 780K Bitcoin Heist
27.8.2021
A US citizens is suing the parents of two then-minors who had allegedly stolen three quarters of a million dollars worth of bitcoin (BTC) some three years ago.
In 2018, US citizen Andrew Schober was robbed of BTC 16.4, with a current value of about USD 780,000. In 2021, the victim claims...
Bitcoin and Ethereum Attempt Recovery, BNB Nears USD 500
26.8.2021
Bitcoin price extended its decline below the USD 47,500 support zone. BTC tested USD 47,200 before it started a fresh upward move. It climbed above USD 48,500, but it is currently (04:00 UTC) struggling to continue higher.
Similarly, most major altcoins are attempting a fresh increase. ETH tested...
USD ‘Going Down’ Says Crypto-Skeptic Billionaire Who Called BTC a ‘Lie’
25.8.2021
Jeffrey Gundlach. Source: A video screenshot, Youtube/Real Vision Finance
A prominent Wall Street billionaire known as the Bond King, a man who once called himself a “long-term dollar bear,” has launched a scathing attack on the USD. The DoubleLine Capital boss Jeffrey Gundlach opined that...
Covesting Strategy Manager Makes 1M USD For Followers In Latest Feat
25.8.2021
Disclaimer: The text below is an advertorial article that was not written by Cryptonews.com journalists.
Word is making its way around the cryptocurrency community that a top Covesting strategy manager has made their followers more than 1 million USD, and the sum is still climbing. Here...
MicroStrategy Spends Another USD 177M on Bitcoin
24.8.2021
The first publicly-traded company to put bitcoin (BTC) on its balance sheet as a primary treasury reserve asset, US-based software intelligence firm MicroStrategy, announced yet another purchase of bitcoin.
This time, the company acquired BTC 3,907 for approximately USD 177m in cash at an average...
USDC to consolidate reserves into cash and US treasuries
24.8.2021
Coinbase president Emilie Choi expects USDC’s updated reserves policy to be in full effect by September
Bitcoin and Ethereum Remain Supported, BNB Rallies To USD 500
23.8.2021
Bitcoin price started a fresh increase above the USD 48,000 resistance. BTC even surpassed USD 50,000 and tested USD 50,500. It is currently (11:45 UTC) consolidating gains near USD 50,000 with a major support at USD 49,200.
Similarly, most major altcoins are trading in a bullish zone. ETH spiked...