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Ethereum Tests USD 2,700, Bitcoin and Altcoins Remain Attractive


Bitcoin price is stable above the USD 54,000 pivot level. BTC extended its rise above USD 55,000 and it spiked above the USD 55,500 level before a downside correction. The price is currently (04:45 UTC) trading near USD 54,800 and it could attempt a fresh increase above USD 55,500. Besides, most...

Gaming Giant Nexon Spends USD 100M on Bitcoin


South Korean listed gaming behemoth, Nexon, said it acquired BTC 1,717 for around USD 100m, paying on average USD 58,226 per BTC, inclusive of fees and expenses. This purchase represents less than 2% of Nexon’s total cash and cash equivalents on hand (as of December 2020), they added. "Our...

Bitcoin Revisits USD 55K, Ethereum and Altcoins Gain Traction


Bitcoin price remained in a steady uptrend above the USD 53,000 level. BTC even broke the USD 54,500 level and spiked above USD 55,000. It is currently (12:20 PM UTC) consolidating and it might attempt more upsides towards USD 56,500. Similarly, most major altcoins are gaining bullish momentum....

Keep Calm, Bulls Are Here, Say Analysts, As USD 19B Liquidated In One Week


Options expiring, US tax speculations, China blackout, and the combination of these are blamed for the crypto market turning bloody today, to say the least - yet numerous insiders see this as just a necessary correction and expect that the bull market will continue, with bitcoin (BTC) possibly...

Bitcoin Dips Below USD 50K, Ethereum Drops, USD 3.5B Liquidated


Bitcoin price struggled to clear the USD 55,500 resistance and it started a fresh decline. BTC declined below the USD 53,200 and USD 52,000 support levels. It even spiked below USD 50,000 and it is currently (04:30 UTC) correcting losses. Similarly, most major altcoins declined heavily. ETH traded...

113 YO Giant Invested USD 100M in Blockchain.com


London-based major crypto wallet provider Blockchain.com has unveiled a high-profile investor, UK asset management firm Baillie Gifford, who injected some USD 100m in the company’s latest Series C funding round. The round was finalized last month, but Peter Smith, CEO and Co-founder...

Sign Up and Get Free 30 USD Coupon with Nhash Cloud Mining Services


The text below is an advertorial article that was not written by Cryptonews.com journalists. Sign up and get free 30 USD coupon with Nhash Cloud Mining services Bitcoin is regarded as the leading cryptocurrency and is seen by many as the most profitable. Many companies have begun accumulating...

DOGE Treats Extravaganza - USD 500,000 in DOGE Prizes!


The text below is an advertorial article that was not written by Cryptonews.com journalists. USD 100,000 of DOGE and exclusive DOGE NFTs to be won every week Following the success of our first DOGE Treats campaign, we are excited to announce the start of DOGE Treats Extravaganza with 10x...

Almost USD 10 Billion Liquidated Amid Sunday Selloff In Crypto Market


USD 9.9bn worth of trading positions in the crypto derivatives market were liquidated in the past 24 hours as the crypto market experienced a sharp selloff on Sunday. More than USD 5bn of them are positions in bitcoin (BTC). At around 03:00 UTC, BTC dropped from USD 59,000 to below USD 53,000,...

Dunamu Nasdaq Listing ‘Could Raise USD 17.9B’ – Analysts


South Korean analysts are continuing to debate the market value of Dunamu, the operator of the South Korean market-leading Upbit crypto exchange – as talk of the company seeking to make a listing bid on an American stock market intensifies. As previously reported, industry insiders claim that...

BNB Drops As Binance Burns Almost USD 600M Worth of Coins


Source: a screenshot, Instagram/binance Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn). At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming...

Ethereum Breaks USD 2,500, DOGE Doubles while Bitcoin Consolidates


Bitcoin price corrected lower from the USD 64,900 zone. BTC broke the USD 63,000 support, but it is holding gains above the USD 62,000 level. It is currently (04:00 UTC) showing positive signs and it might start a fresh rally above USD 64,000. Besides, most major altcoins are trading in a bullish...

Coinbase Exchange Debuts on Nasdaq With USD 76 Billion Valuation


Coinbase Global Inc. was listed yesterday on Nasdaq. Coinbase is the largest cryptocurrency exchange in the United States. It was founded in 2012 and is a fully regulated and licensed cryptocurrency exchange supporting all U.S. states except for Hawaii. Initially, the exchange only allowed Bitcoin...

Over USD 620M XRP Positions Liquidated While Ripple CTO Educates Investors


David Schwartz. Source: A video screenshot, Youtube/UNCHAIN Convention Over the past two days, more than USD 620m worth of XRP traders' overleveraged positions were liquidated, as XRP fans became too optimistic about the recent rally, while David Schwartz, Chief Technology Officer of Ripple...

Goldman Sachs Wants To Go Digital + 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. Banking news US-based investment giant Goldman Sachs plans to build a digital bank but, at the moment, it is not focused on providing a crypto...

3/4 of Polled S Korean Bankers See Bitcoin At USD 90K Before End of 2021


A survey of South Korean bankers has found that almost three-quarters of them say that bitcoin (BTC) will hit the KRW 100m mark (just under USD 90,000) before the year is out, while some in the industry think that in the long-term it could replace gold – and even the US dollar. Chosun Ilbo,...

XRP Surging Towards USD 2, Bitcoin and Ethereum Extend Rally


Bitcoin price started a strong increase above the USD 62,000 level. BTC even broke the USD 63,500 level and it traded to a new all-time high. It is currently (04:00 UTC) showing positive signs and it could soon continue higher above USD 64,000. Similarly, most major altcoins are gaining bullish...

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