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Trouble in AUD/USD Heighten After PMIs Record a Dip
23.8.2021
The fresh PMI outlook: Monday’s session started with the Australian dollar responding to a new set of economic data. The performance is coming in after a weak performance of the Australian dollar in the previous week. The PMI data that Markit International released on Monday morning shows...
Bitcoin (BTC) Crosses the $50k Psychological Mark
23.8.2021
Bitcoin has been considered digital gold since the very beginning because of its scarcity and durability. Bitcoin has a huge potential to move upwards and even realize the long-term targets of $100,000 that experts have presented for this cryptocurrency since 2016. The environmental impact of using...
American Regulators Could Be Set to Poop Bitcoin USD 50K Party
23.8.2021
Bitcoin (BTC) may have broken through the key USD 50,000 barrier, but crypto investors might be wise to keep their champagne on ice – with United States politicians and regulatory bodies possibly gearing up to the crash the celebrations later this week.
The token is now trading just over USD 50,000...
Bitcoin Reclaims USD 50K, Ethereum and Cardano Gain Strength
23.8.2021
Bitcoin price formed a support base above the USD 47,000 and USD 48,000 levels. As a result, BTC started a fresh increase above USD 49,500. There was a clear break above USD 50,000 and the price is currently (04:00 UTC) showing a lot of positive signs.
Similarly, most major altcoins are gaining...
Integrated DeFi Hub OpenSwap Raises 1.5M USD in Latest Funding Round
23.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Hong Kong, Hong Kong, 23rd August, 2021,
OpenSwap, the interchain DeFi Hub and liquidity booster for traders, has raised $1.5 million in its latest funding round.
Led by prominent VC firms NGC Ventures...
Digital Yuan May Prompt CBDC-to-CBDC Exchanges, Hurt USD Status - Chainalysis
20.8.2021
As the Chinese government clamps down on decentralized cryptocurrencies and seeks to launch its own central bank digital currency (CBDC), the digital yuan, industry observers believe the move could pave the way for the launch of CBDC-to-CBDC exchanges. At the same time, the digital yuan and other...
Coinbase Plans to Spend More of its Cash on Crypto After USD 500M Buy
20.8.2021
Source: AdobeStock / photo_gonzo
The crypto exchange giant Coinbase has stated that it wants to spend even more of its profits on buying cryptoassets – but has admitted that its plans will hinge on the sector’s growth prospects.
The company and its CEO Brian Armstrong were speaking after Coinbase...
DASH Faces a Tug of War at the Long-Term Resistance of $215
19.8.2021
Dash was launched in 2014, which is roughly five years from the launch of Bitcoin. It was developed with a maximum supply limitation of 18.9 billion and follows the same proof algorithm as Bitcoin, called the proof of work. Furthermore, one needs to mine dash using commutation power to generate...
Avalanche Announces a $180 M Liquidity Mining Program: Avalanche Rush
19.8.2021
Avalanche Rush plans to bring a blue-chip DeFi app to Avalanche. It is planning to launch two protocols- Curve and Aave. The Avalanche Foundation has recently announced a $180 liquidity mining incentive called Avalanche Rush. In addition, it is planning to introduce additional assets...
Bitcoin and Ethereum Struggle While Cardano Rallies Above USD 2
19.8.2021
Bitcoin price started a downside correction below the USD 45,500 support. BTC even broke the USD 45,000 level and extended its decline. It is currently (04:00 UTC) trading well below USD 45,000, and it could extend losses below USD 44,000.
Similarly, most major altcoins are slowly moving lower....
Utopia P2P Introduces Anonymous USD Stablecoin Backed by DAI
18.8.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Utopia, a decentralized, peer-to-peer ecosystem, the development of which was begun covertly in 2013 and released officially in November of 2019, providing access to secure and surveillance resistant...
Financial Warfare: Afghan Central Bank’s $10B Confiscated by US, Biden Halts USD Shipments to Afghanistan
18.8.2021
The war in Afghanistan has been an extremely long conflict since the United States invaded the country in 2001, in order to drive the Taliban from power. After a messy exit, the U.S. occupation in Afghanistan has been compared to mistakes made during the Vietnam War. Now that U.S. forces have left...
Crypto.com uses Circle API to launch USD bank transfers in over 60 countries
18.8.2021
Institutional Crypto.com customers in more than 60 countries can now make U.S. dollar bank transfers to and from their USDC wallets
BitPanda Valued At More Than $4B After Series C Round
18.8.2021
BitPanda, the cryptocurrency exchange, has recently earned a valuation of more than $1.2 billion during the Series B session of $170 million. Established in 2014, BitPanda is headquartered in Vienna. The Series B session was then extended by €10 million in May 2021. The extended round that tripled...
Mark Cuban Says He Owns USD 494 of 'Strongest Community' Dogecoin
16.8.2021
Mark Cuban. Source: a video screenshot, Youtube, The Filmy
American billionaire and enthusiastic dogecoin (DOGE) promoter Mark Cuban has revealed in a tweet that he owns USD 494 worth of DOGE - while at the same time calling the DOGE community “the strongest when it comes to using it as a medium...
T-Mobile ‘Hackers Want BTC 6’ for Data, US Offers Dark Web USD 10M in Crypto
16.8.2021
The telecoms heavyweight T-Mobile appears to have suffered a data breach involving the personal and financial data of 100m users, with hackers ready to hawk out the data in exchange for bitcoin (BTC) – while the American State Department is planning to hand out crypto payments to a more benevolent...
Bitcoin Tests USD 48K, Ethereum Steadies While DOGE Rallies
16.8.2021
Bitcoin price found support near USD 45,000 and started a fresh increase. BTC surpassed the USD 46,500 and 47,000 resistance levels and even spiked above USD 48,000. It is currently (04:00 UTC) consolidating gains and is trading well above USD 47,000.
Similarly, most major altcoins are trading in...
Web3 Advertising Protocol Parami Seals 3M USD To Boost User Privacy
14.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Beijing, China, 13th August, 2021,
Web 3 Advertising protocol, Parami Protocol successfully completed a 3 million USD funding round to boost the privacy of data on blockchains and Web 3.0 applications....
Bitcoin Hurdles Over the $47K Zone, Crypto Economy Nears $2 Trillion
14.8.2021
The price of bitcoin jumped over the $47K handle on Friday afternoon and at 4:15 p.m. (EDT) the price tapped $47,929 per unit. Bitcoin has jumped over 8% today and is more than 45% up over the course of the last month. Bitcoin’s Value Jumped 45% Last Month The crypto economy grew to around...
XRP Reclaims $1 Mark: Is It Going To Explode?
13.8.2021
XRP has been consistently making new highs with each swing, but we expect the price valuation to far exceed the $2 hype that has been created in the market. XRP has been developed to ease the transaction process by converting one currency into another with the least possible transaction fees...