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Bitcoin Spikes Above USD 32K as MicroStrategy Boosts Morale With a New Deal


The world's number one crypto moved up and above USD 32,000 again as US-based business intelligence company MicroStrategy revealed its USD 10m bitcoin (BTC) deal. On Friday afternoon, 14:37 UTC, bitcoin climbed from the USD 29,400 level to which it had dropped earlier in the day, and is trading...

Is Ethereum Poised To A Parabolic Growth To USD 2,000?


The text below is an advertorial article that was not written by Cryptonews.com journalists. Ethereum steals the spotlight of Bitcoin, surging to USD 1,439 Monday and surpassing its previous all-time high of USD 1,432. Meanwhile, Bitcoin is trading flatline. It seems that Ethereum is breaking away...

BlackRock Has USD 235bn in Alternatives And Now It's Coming For Bitcoin


Source: A video screenshot, Youtube/CNBC As the world’s largest asset manager, BlackRock, revealed its intentions to invest in cash-settled bitcoin (BTC) futures, how large this exposure might be? In its Q4 2020 report, the company said that it had more than USD 235bn in alternative investments...

Bitcoin Less Risky Than Tesla, Ethereum at USD 10,500 + 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. Bitcoin news While the most popular cryptocurrency, bitcoin (BTC), is considered to be almost in the "extreme bubble" territory, more...

Economic Experts Flummoxed by BTC’s Spectacular Rise, Sold at USD 19K


Investors who cashed in on their bitcoin (BTC) holdings before the token hit the USD 20,000 threshold have been eating humble pie – with one admitting, “When I sold bitcoin at USD 19,000. I thought I was the smartest person around.” The admission came in an interview with Mohamed El-Erian,...

Ethereum Close to ATH Against USD, But Far from ATH Against Bitcoin


Even though Ethereum (ETH) is getting closer to its all-time high (ATH) against the US dollar, it's still many satoshis away from its ATH against bitcoin (BTC). (Updated at 12:09 PM UTC with the latest price data.) Three years after reaching a major peak, ethereum may be surpassing it soon....

Travel Firm Backed for USD 50m in Bid to Develop ‘Killer DeFi App’


Travel industry player Maps.me has taken the DeFi plunge with a USD 50m fundraising effort it has described as “an investment into the embedded DeFi ecosystem.” In a press release shared with Cryptonews.com, the firm revealed that its backers in the USD 50m drive include the Berkeley and Hong...

Did This USD 140B Manager Just Write a Guide For a Bitcoin Hodler?


Billionaire investor Howard Marks, co-founder of USD 139.6bn asset management firm Oaktree Capital Group, wrote an investor memo, shortly discussing bitcoin (BTC), but also delving into holding shares - providing points that could arguably be applied to hodling world's number one crypto. In...

Building an Ethereum app using Redwood.js and Fauna


With the recent climb of Bitcoin’s price over 20k $USD, and to it recently breaking 30k, I thought it’s worth taking a deep dive back into creating Ethereum applications. Ethereum, as you should know by now, is a public (meaning, … The post Building an Ethereum app using Redwood.js and Fauna...

Bitcoin Returns To USD 40,000 In Four Days


The most popular cryptocurrency, bitcoin (BTC), just got back to the USD 40,000 level after leaving it this past Sunday and crashing to almost USD 30,000 on Monday. BTC already hit USD 40,000 at exchanges such as Binance, OKEx, Coinbase Pro, and others. At 15:38 UTC, BTC traded at around...

Two Wrong Guesses And This Programmer Loses USD 241M in Bitcoin


It sounds like every bitcoiner’s worst nightmare: A wallet stuffed with thousands of BTC…but with no keys to open it. The nightmare has become a reality for an American computer programmer who per the New York Times and the Guardian has been left with just two attempts to enter a correct password...

Bakkt Predicting Sky-high Growth for ‘USD 3 Trillion’ Crypto Sector


Source: Adobe/あんころもち(ankomando) Bakkt, the US-based crypto platform, owned by the Intercontinental Exchange Inc., is forecasting high rates of growth in the crypto industry over the next few years, as well as growth in associated industries, factors that may have influenced its...

Bitcoin Reclaims USD 40K, Ethereum and Litecoin Gain Momentum


After a minor downside correction, bitcoin price started a fresh increase above USD 38,500. BTC surged over 8% and reclaimed the USD 40,000 level. It is currently (13:00 UTC) trading well above USD 40,000 and it could continue to rise towards USD 42,000 and USD 42,500. Besides, most major altcoins...

Blockchain Projects Gain Boost in Seoul’s USD 7Bn 2021 Spending Plan


The South Korean government has pledged to spend USD 7bn on public projects this year, a figure that will include blockchain spending. The money will back what ministers have labeled the “Korean New Deal,” and particularly what they have called the “core” of the measures, the “Digital New Deal,”...

US Dollar Crashes To USD 40,000 per Bitcoin


Source: Adobe/Fox_Dsign It took 17 days for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 20,000 to USD 30,000, and less than a week to hit USD 40,000. At the time of writing (18:16 UTC) it reached this level on multiple exchanges, such as Binance, Bitstamp, and HitBTC. After...

Bitcoin Breaks USD 38K, XRP Rips Higher, Altcoins Remain Attractive


There was a fresh increase in bitcoin price above the USD 37,500 and USD 37,750 levels. BTC even cleared the USD 38,000 level and traded to a new all-time high. The price is currently (13:00 UTC) showing signs of upside continuation and it could rise further to USD 39,500 or USD 40,000. Similarly...

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