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Bitcoin Rallies Above USD 45K, Ethereum Reclaims USD 3K


Bitcoin price remained well bid above the USD 43,000 support zone. As a result, BTC started a fresh increase above the USD 44,500 and USD 45,000 resistance levels. It is currently (12:14 UTC) showing positive signs and there are chances of more upsides above USD 46,500. Similarly, most major...

Why Jack Dorsey’s Square Paid USD 29B for Afterpay


Jack Dorsey. Lien Duong, Senior Lecturer in School Accounting of Accounting, Economics and Finance, Curtin University, Sonny Pham, Senior Lecturer in Computer Science, Curtin University. ___ The AUD 39bn (USD 29bn) that Twitter founder Jack Dorsey’s digital payments company Square is paying...

Bitcoin Tests USD 45K, Ethereum Above USD 3K, Dogecoin Rallies


The crypto market continued its rally on Sunday, with bitcoin (BTC) surpassing USD 45,000 for the first time since May and ethereum (ETH) inching higher above USD 3,000. Meanwhile, dogecoin (DOGE) is the best performing coin among the top 100 cryptoassets today. At 09:34 UTC, BTC trades at...

Ethereum Burning Thousands of USD a Minute, While Miners Face the Change


Following its latest and highly-anticipated network upgrade, Ethereum (ETH) is currently burning some USD 8m worth of ETH per day, and has already burned nearly USD 12m. Meanwhile, there seems to have been plenty of confusion among miners on the first day. A total of ETH 4,260 have been burned...

Bitcoin Is Resilient to Break the $42,000 Resistance


Bitcoin traders are back in action and this time with an arsenal of volume at their back. BTC price has to cross the $42,000 levels to remain in the bullish sentiment, but we witnessed a sudden and consistent fall from the level to $38,000.  Bitcoin has the fundamental potential and buyer sentiment...

South African Start-Up Aims To Shield Merchants From Crypto Price Swings


While opponents of cryptocurrencies continue to peddle the environmental damage or the terrorism funding narrative, users from countries where the majority is financially excluded see these as a breakthrough innovation. Crypto Utility Inspires Volatility Solutions For instance, to undocumented...

DACH Funds May Inject USD 657B In Digital Assets Within 3 Years - Report


Source: AdobeStock / by-studio Within three years, between USD 100bn and USD 657bn could be injected into the digital asset market from the DACH region which comprises the German-speaking countries of Germany, Austria, and Switzerland, according to a report released by Russian tech-focused think...

Velas Launches 5 Million USD Funding Program


Disclaimer: The text below is a press release that was not written by Cryptonews.com. Press Release: Velas is proud to announce the launch of a 5 million USD funding program to support the growth of the Velas ecosystem and expand our reach in the new Web 3.0 epoch 3rd August, 2021,...

Dorsey’s Square Strikes Afterpay USD 29B Deal, Teases Bitcoin Role


The Twitter boss Jack Dorsey’s crypto-keen payments venture Square has agreed a USD 29bn all-stock deal to buy the Australian buy now, pay later player Afterpay – in a merger that some believe will “create a global transactions giant.” Square, which last month revealed it is working on a hardware...

On Monday, Managers of USD 2trn Get Access to Crypto + 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. ____ Investments news Starting Monday, 4,000 of Germany’s Spezialfonds will be allowed to invest up to 20% of their portfolios in cryptoassets....

IOTA is on the Verge to Retest the $1 Resistance


IOTA has been popularly known because of its potential and aspirations to combine the Internet of Things with blockchain networks. Leaving aside the technicalities of this blockchain and its cryptocurrency, let’s dive deeper into the analysis of IOTA’s price action and possible movements....

Bitcoin Accelerates Above USD 40K, XRP Rallies


Bitcoin price started a strong increase this week above the USD 32,000 and USD 35,000 resistance levels. BTC is showing positive signs, but it must settle above USD 40,000. If there is a daily and a weekly close above this level, the bulls might aim for an increase towards USD 45,000 in the coming...

Bybit Contributes $19.3M in ETH, USDC & USDT to BitDAO


To make any sector grow, finance is the backbone. So is true for the Decentralized Finance sector as well. Even though it may not deal with the requirements of any tangible goods or raw materials, the presence of digital assets, i.e., cryptocurrencies itself, stands testimony to date for the growth...

Bitcoin Plays With USD 40K, Ethereum, Altcoins Rally


Bitcoin price remained well bid above the USD 36,000 and USD 36,250 levels. As a result, BTC started a fresh increase above the USD 38,000 resistance. It surged by 8%, tested the USD 40,000 barrier and it is currently (04:01 UTC) showing positive signs. Similarly, most major altcoins are gaining...

Bitcoin Rallies Towards USD 40K On Amazon Speculation, Liquidations Soar


Bitcoin price formed a strong support base above USD 32,000. As a result, BTC started a strong increase and it broke the USD 35,000 resistance. It even surged above USD 39,000 before correcting lower but it is currently (04:05 UTC) still showing bullish signs above USD 38,000. Similarly, most major...

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