Search
Digital Yuan Must Dethrone Alipay, WeChat Pay Before Taking on USD - Researcher
18.2.2021
Much has been made of the forthcoming digital yuan – China’s central bank digital currency – and its potential threat to the United States dollar, but a China watcher is saying that the token will first need to displace the likes of Alipay and WeChat Pay at the top of the domestic e-pay...
As Millions Drown in Today’s Poverty Trap, Macro Strategist Raoul Pal Says ‘Bitcoin Is a Life Raft’
18.2.2021
Global Macro Investor CEO, Raoul Pal, discussed the current economy this week and asked his 394,000 followers if people are using the wrong denominator when it comes to certain economic factors. One thing’s for certain, wages have not increased, no matter the common denominator people use...
Bitcoin Above USD 51K, Ethereum and Altcoins Move Up Too
17.2.2021
Bitcoin price reclaimed the USD 50,000 barrier and extended its rise. BTC cleared the USD 51,000 level and traded to a new all-time high. It is currently (13:00 UTC) gaining momentum and it might surpass USD 52,000.
Similarly, most major altcoins are rising steadily. ETH is back above USD 1,800...
MicroStrategy Ups Its New Mega Bitcoin Deal to Over USD 1B
17.2.2021
MicroStrategy’s CEO Michael Saylor. Source: a screenshot, Youtube/Swan Signal - A Bitcoin Channel
One of the most bullish non-crypto companies, US-based software developer MicroStrategy just increased its initial plan to once again borrow up to USD 690m and spend it on bitcoin (BTC) to over...
Listed German Cannabis Firm to Buy Bitcoin, Slates Euro and USD
17.2.2021
Companies outside the United States look set to follow Tesla and others into bitcoin (BTC) buying, after the German listed cannabis company SynBiotic announced that it has “started to shift some of its free liquidity into bitcoin.”
Although the German company did not disclose the size of...
Bitcoin Accelerates, Nears USD 51,000
17.2.2021
The most popular cryptocurrency, bitcoin (BTC) hit USD 50,000 three times in less than 24 hours and on the third attempt it almost reached USD 51,000 before correcting lower.
At the time of writing (07:53 UTC), BTC trades at USD 50,861, correcting from its new all-time high of USD 50,902,...
Bitcoin Revisits USD 50K While Ethereum and Altcoins Correct Gains
17.2.2021
Bitcoin price popped above the USD 50,000 level today again before correcting lower. It is currently (05:00 UTC) consolidating gains above the USD 49,000 the support level and is showing positive signs.
Conversely, most major altcoins are slowly gaining bearish momentum. ETH/USD is approaching...
Bitcoin Surges Past USD 50K, Ethereum, Altcoins Eye Additional Gains
16.2.2021
Bitcoin price gained bullish momentum above USD 49,000 and USD 49,500. Finally, BTC broke the USD 50,000 resistance and traded to a new all-time above USD 50,300. The bulls are currently (13:00 UTC) in control and there are chances of more upsides towards USD 51,500.
Similarly, most major altcoins...
Bitcoin Hits $50K, Crypto Asset Jumps 200% in 3 Months, USD Shorts Touch a Decade High
16.2.2021
The price of bitcoin touched an all-time high surpassing the $50k handle on February 16, 2021. Cryptocurrency advocates celebrated the milestone as bitcoin has spiked more than 200% during the last 90 days and 400% against the U.S. dollar for the entire year. Bitcoin (BTC) has crossed...
Bitcoin Rallies From USD 20,000 to USD 50,000 In Two Months
16.2.2021
Source: Adobe/Fox_Dsign
On December 16, 2020, the most popular cryptocurrency, bitcoin (BTC), revisited the USD 20,000 level after a three years journey. Two months later, on February 16, 2021, BTC has entered the USD 50,000 zone for the first time in its history on signs of increasing...
Bitcoin Targets USD 50,000 Again, Ethereum, Altcoins Surge
16.2.2021
Bitcoin price started a fresh increase after it broke the USD 48,000 resistance. BTC gained momentum and it surpassed the USD 49,400 resistance. It even traded to a new all-time high near USD 49,975 and it is currently (05:00 UTC) consolidating gains.
Besides, most major altcoins are showing signs...
USD 1.9B Liquidated As Overexuberant Crypto Traders Get Overleveraged
15.2.2021
Around USD 1.9bn in 281,000 trading positions have been liquidated in a day as the market corrected sharply, per bybt.com data. Around 90% of the liquidations were of long positions, suggesting that overly optimistic traders were using margin trading to open large positions in the hope of bitcoin...
Utopia P2P’s Crypton (CRP) Now Available on Cryptex.net for USD
15.2.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
On February 6th, 2021 one of the most versatile cryptocurrency exchanges, Cryptex.net, listed the Utopia Peer-to-Peer (P2P) Ecosystem’s native privacy coin, Crypton (CRP) for trading against the United States...
Bitcoin Nears And Stops at the USD 50,000 Gate
14.2.2021
It took two months for the most popular cryptocurrency, bitcoin (BTC), to rally from USD 20,000, reached again after a three years journey, to almost USD 50,000 today on signs of increasing demand.
After starting this week below USD 38,000, BTC rallied on Tesla's BTC deal news, and, today, it took...
Justin Sun Incites SEC With Tron Shilling After Suffering USD 8m GameStop Loss
12.2.2021
Justin Sun. Source: Twitter, @justinsuntron
Tron (TRX) founder Justin Sun has been up to his old tricks again, seemingly paying American celebrities such as Lindsay Lohan and Ne-Yo to shill TRX and related tokens on Twitter. His latest promotional activities come after the crypto entrepreneur...
Antier Solutions Executes Transactions Worth $100 Million on Blockchain MLM Platforms
10.2.2021
PRESS RELEASE. After transforming businesses across various industries, blockchain has combined with MLM (Multi-level Marketing) to bring profound, positive changes in the industry. India’s Antier Solutions has executed transactions worth a 100 million USD across its blockchain based...
This Groundbreaking Blockchain Metaverse Lets You Earn USD By Selling NFT Properties
10.2.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Hidden among a press release published on November 10, 2020 is one of the most significant developments in blockchain history: By partnering with Tilia Pay, Upland.me, a virtual property metaverse that...
Attacked Blockfolio To Spend Up To USD 10m on Fixing Damage
9.2.2021
Popular crypto portfolio tracker and trading app Blockfolio claims they are nearly back to business as usual and are offering up to USD 10 million in credits following this morning's scandalous hack.
Blockfolio, which was acquired by crypto derivatives exchange FTX last year, has issued a couple...
Bitcoin Inches Towards USD 50K, Ethereum and Altcoins Extend Rally
9.2.2021
Bitcoin price rallied significantly above the USD 42,000 and USD 45,000 resistance levels. BTC even spiked above USD 47,000 and traded to a new all-time high near USD 47,500. It is currently (05:00 UTC) consolidating gains and it could continue to rise towards USD 48,500 and USD 50,000.
Similarly...
Human Rights Foundation’s Alex Gladstein Calls Bitcoin ‘An Escape Hatch From Tyranny’
8.2.2021
The Human Rights Foundation (HRF)’s Alex Gladstein has heaped praise on bitcoin saying it’s an escape hatch from tyranny and that there is more to it than its price. In comments made via a short video, Gladstein, who is the chief strategy officer (CSO) at HRF, asserts that “people...