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VC Backed Billion-Dollar Stablecoin Project Fei Protocol Falls Below the USD Peg
8.4.2021
The new decentralized finance (defi) stablecoin project called Fei had some issues this week after the 1:1 USD pegged token dropped well below its targeted $1 value. The Fei project was supposed to be similar to Maker DAO’s algorithmic DAI stablecoin and it was backed by major venture capital...
XRP Breaks USD 1, Steals Spotlight From Bitcoin and Ethereum
6.4.2021
Bitcoin price failed to stay above USD 59,000 and corrected lower. BTC is now holding gains above USD 58,000 and it is currently (12:00 PM UTC) showing signs of a fresh increase. If there is a fresh increase above USD 59,000, the bulls might test USD 60,000 or even USD 60,500.
Similarly, most major...
Bitcoin Shows Positive Signs Near USD 58K, XRP Rallies Above USD 0.70
5.4.2021
Bitcoin price is consolidating below the USD 58,500 resistance level and is currently (12:30 PM UTC) showing a few positive signs. A successful daily close above USD 58,000 could open the doors for a steady increase.
Besides, most major altcoins are showing signs of more possible gains. ETH...
MicroStrategy Spends Another USD 15M on Bitcoin
5.4.2021
One of the most bullish non-crypto companies, US-based software developer MicroStrategy, just increased their bitcoin (BTC) by spending another USD 15m once again.
Per CEO Michael Saylor, the company has purchased an additional BTC 253 for around USD 15m in cash at an average price of USD 59,339...
ClinTex to Give Away 1 Million USD in CTi Tokens With Unique Staking Program
5.4.2021
PRESS RELEASE. Pioneering clinical trials platform ClinTex is giving away $1 million USD worth CTi tokens through a unique staking program, which is running from April 1st to September 30th, 2021. London, United Kingdom – Following a successful launch in 2020 ClinTex has been developing...
Here's why April may be the best month yet for Bitcoin price
3.4.2021
U.S. dollar weakness is painting a bullish short term outlook for Bitcoin in April
Bitcoin Revisits USD 60K, Ethereum - 2K, BNB, Altcoins Surge
2.4.2021
Bitcoin price extended its rise above the USD 59,500 resistance. BTC even spiked above the USD 60,000 resistance before correcting lower. It is currently (05:30 UTC) trading well above USD 59,000 and it might climb above USD 60,000 in the near term.
Similarly, most major altcoins are signaling more...
Bitcoin Miner's NFT Arm Aims for a USD 34.5M IPO
1.4.2021
NFT Investments, an investment company specializing in non-fungible tokens (NFTs), is planning to list on the UK's Aquis Stock Exchange Growth Market - which will value the company at nearly USD 34.5m.
The company, established by the co-founders of cryptocurrency mining group Argo Blockchain...
Stake Announces Wagering Race with 1 Million USD in Rewards
1.4.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
APRIL 1st, 2021 - Stake.com will host one of the biggest gambling events of the year - a wagering race with a whopping prize pool of 1 million USD. This is the biggest prize pool ever given away by the crypto...
BNY Mellon Report Compares Bitcoin and Gold, Study Says ‘Gold Is the Only Globally Accepted Currency’
1.4.2021
The popular safe-haven asset gold recently posted the lowest settlement in three weeks, as a firm dollar and bond market yields have weakened support for the precious metal. The financial goliath BNY Mellon also published a report about the differences between gold and bitcoin and the study said...
Digital Euro Summer, Enjin Filled With Millions, Biden's USD 2T Tax Plan + More News
31.3.2021
Joe Biden. Source: A screenshot, Instagram/joebiden
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CBDCs news
The President of the European Central Bank (ECB), Christine Lagarde, has stated that...
Bogus Trezor iOS App Snares Investor’s USD 1m Bitcoin Savings
31.3.2021
A bitcoin (BTC) investor who says he lost over BTC 17 (USD 0.99m) to scammers has hit out at Apple for hosting a fake app on its store that allowed criminals to make off with his “life savings.”
Speaking to the Washington Post, the investor, a Trezor wallet user named Phillipe Christodoulou...
Bitcoin to Be Worth Millions by 2023, ETH Above USD 2K by 2022 - Kraken CEO
31.3.2021
Jesse Powell, CEO of Kraken. Source: a screenshot, Instagram/krakenfx
The CEO of major crypto exchange Kraken, Jesse Powell, predicted that the price of bitcoin (BTC) could be in the millions by the end of 2022, while by the end of 2021, ethereum (ETH) will rise above USD 2,000. That said, his...
Have Crypto Traders Learned? "Only" USD 600M Liquidated In One Hour
31.3.2021
Another wave of liquidations hit the crypto market on the last day of the first quarter of 2021, possibly clearing the way for a further bitcoin (BTC) rally in April.
More than USD 600m in cryptoasset trading positions was liquidated in one hour today (08:34 UTC), bringing total liquidations...
Bitcoin and Ethereum Rise Steadily, BNB Surges Above USD 300
31.3.2021
Bitcoin price remained well bid above USD 58,000 and it even climbed above the USD 59,000 level. BTC traded towards the USD 59,500 level before starting a downside correction. It is currently (04:30 UTC) trading below USD 59,000, but the bulls might protect losses below USD 57,200.
Similarly, most...
Bitcoin Eyes USD 60K Again, Ethereum and Altcoins Surge
30.3.2021
Bitcoin price is showing positive signs above USD 57,000. BTC broke the USD 58,000 and USD 58,500 resistance levels. It is currently (12:30 UTC) trading above USD 59,000 and it might soon aim for a test of USD 60,000.
Similarly, most major altcoins are rising steadily. ETH is back above USD 1,800...
Russia Wants to Use the Digital Ruble to Power its USD Purge
30.3.2021
The politician charged with putting together Russia’s crypto regulation legislation and forming the nation’s financial policy has spoken about the need to purge the United States dollar from the economic system – and has called the forthcoming digital ruble a “higher form of money.”
Speaking in...
Ex-SEC Chair Enters Crypto River, USD 225m Crypto Fund + More News
29.3.2021
Jay Clayton. Source: Twitter, SEC
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Career news
One River Asset Management, a USD 2.5bn firm whose crypto funds are backed by hedge fund titan Alan...
Aladdin Exchange 1 Million USD Giveaway Event is Now Live
29.3.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Aladdin Exchange 1 million USD giveaway event is officially live. The team is excited to announce that the event begins today March 29th, at 12 PM GMT+4, and ends on April 27th, at 12 PM GMT+4. People...
Payment Giant Visa Integrates USDC Stablecoin Support for Settlement
29.3.2021
On Monday, the American multinational financial services corporation Visa announced that digital currency payments have arrived on Visa’s settlement platform. The payment giant revealed that the company will leverage USD coin (USDC), the regulated token built on top of the Ethereum network....