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Bitcoin Touches USD 17,000, Is Outperformed By Major Altcoins
17.11.2020
On Tuesday, the most popular cryptocurrency, bitcoin (BTC), touched the USD 17,000 mark for the first time since January 2018. However, other major coins from the top 10 outperformed BTC today.
At pixel time (12:07 PM UTC), BTC is slightly below the USD 17,000 level and is trading at USD 16,992....
Bitcoin At The USD 17K Path Again, Altcoins Gain Momentum
17.11.2020
Bitcoin price finally managed to clear the main USD 16,500 resistance zone. As a result, there was a sharp increase above USD 16,700. The price traded close to USD 16,900 and it is currently (04:30 UTC) consolidating gains above USD 16,600.
Also, there was a strong upward move in most major...
4th Major DeFi Hack In A Month: Origin Dollar Loses USD 7m
17.11.2020
"A superior stablecoin for the Ethereum network," Origin Dollar (OUSD), has been hacked, becoming at least the fourth decentralized finance (DeFi) project, attacked less than in a month.
"There has been a loss of funds of around USD 7m, including over USD 1m of funds deposited...
Calling Tops and Bottoms: 2020’s Most Popular Bitcoin Traders and Analysts
15.11.2020
Bitcoin and cryptocurrency trading is quite popular these days. With the price upswings and volatility in 2020, crypto traders have made and lost a lot of money. In the last few years, a number of digital currency enthusiasts have been attracted to professional traders and analysts routinely...
IMCoin (IMC) Flies High
13.11.2020
PRESS RELEASE. IMCoin, known as the first Hybridcoin, closes a week with a record price increase in its history reaching a value of 1.83 USD per token. The IMC price is the result of the number of tokens sold divided by the balance of the audited reserve fund, which already has 417 days of history....
DeFi Akropolis Drops 20% Following a USD 2M-Heavy Hack
13.11.2020
Decentralized finance (DeFi) platform Akropolis is seeing its native coin AKRO drop nearly 20% in a day so far, following a hack that made the attacker some USD 2m richer.
AKRO, ranked 268th by market capitalization on Coinpaprika, is trading at USD 0.0097 this morning (at 7:27 UTC). It dropped...
Bitcoin Above USD 16,400 as More PayPal Users Start Buying Crypto
13.11.2020
Bitcoin (BTC) extended its gains following the news that online payments giant PayPal opened its new crypto services to all its users in the US (excluding Hawaii), doubling the maximum dollar amount that could be spent on cryptoassets.
"We are pleased to announce that all eligible PayPal...
Bitcoin Enters Consolidation To Get Prepared For USD 20K
12.11.2020
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Bitcoin holds $15,000 despite it once falling to $14,800 after Pfizer announcing its COVID-19 vaccine is 90% effective. While gold, to which Bitcoin once showed correlation, is having a much slower...
BTC Rainbow Proponent Wants to Bet USD 1m that S2F Advocates Are Wrong
12.11.2020
When it comes to crypto, investors often talk about putting your money where your mouth is. And it looks like one outspoken critic is prepared to do exactly that – offering a bet of USD 1m that the bitcoin (BTC) stock-to-flow (S2F) price model will flop in the next half-decade.
The audacious move...
Bitcoin Breaches USD 16,000 For The First Time Since January 2018
12.11.2020
Today, the most popular cryptocurrency, bitcoin (BTC), surpassed the USD 16,000 level for the first time since January 2018, getting closer to its all-time high of USD 20,000.
BTC was above USD 16,000 for around half an hour before correcting lower. At pixel time (10:39 UTC), BTC trades at...
Bitcoin Struggles Near USD 16,000, Altcoins Confined In Range
12.11.2020
Bitcoin price started a steady upward move after there was a close above the USD 15,600 resistance. BTC even spiked above the USD 15,850 resistance, before correcting lower again. The price is currently (05:00 UTC) trading below USD 15,800, with a strong support at USD 15,500.
Besides, most major...
Bitcoin Breaks USD 15,600 Again, Altcoins Grind Higher
11.11.2020
After a couple of failed attempts, bitcoin price finally cleared the USD 15,500 and USD 15,600 resistance levels. BTC is currently (13:00 UTC) up over 2% and it might continue higher towards USD 15,850. Any further gains could open the doors for a push above USD 16,000.
Similarly, there were...
Stablecoin Savings: Circle Launches High Yield USDC Accounts for Businesses
7.11.2020
Two years ago the cryptocurrency firm Circle announced the launch of USDC, a stablecoin pegged to the U.S. dollar. This week, Circle revealed the launch of high yield digital dollar business accounts with APY up to 10.75%. On September 26, 2018, Circle and the Centre open-source consortium launched...
Swiss Bank Sygnum Begins Storing Crypto With Taurus Group, Launches Staking Service
6.11.2020
The Switzerland-based bank Sygnum has announced this week that the fintech firm is now storing digital assets with the company Taurus Group. On Friday, the bank also revealed that the FINMA-approved firm’s clientele can purchase and stake XTZ by leveraging the Tezos network. Earlier this...
Vitalik Buterin Leads By Example, Stakes USD 1m in Ethereum + More News
6.11.2020
Vitalik Buterin. Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Ethereum news
Ethereum (ETH) co-founder Vitalik Buterin has sent ETH 3,200, currently worth USD 1.2m, to the recently launched...
Bitcoin Moves Towards USD 16,000, Altcoins Pick Up Pace
6.11.2020
Bitcoin bulls gained strength after there was a clear break above the USD 15,000 resistance. As a result, BTC gained over 10% and it surged above USD 15,500. The price traded to a new multi-month high close to USD 15,950 and it is currently (06:00 UTC) correcting gains below USD 15,750.
After...
Bitcoin’s Market Cap Is More Valuable Than the IMF’s Special Drawing Rights Reserves
6.11.2020
At its current price per unit, the decentralized cryptocurrency Bitcoin’s market valuation has surpassed the overall value of the International Monetary Fund’s (IMF) Special Drawing Rights market (SDR $281 billion). Since the massive global market rout on March 12, bitcoin has risen...
Bitcoin Is Back Above USD 15,000 For The First Time Since January 2018
5.11.2020
It took around a day for the most popular cryptocurrency, bitcoin (BTC), to jump from USD 14,000 to above USD 15,000 for the first time since January 2018.
At pixel time (16:03 UTC), BTC trades at USD 15,042 and is up by 8% in a day and 12% in a week. BTC rallied by 40% in a month and 60% in...
Bitcoin Inches Closer To USD 15,000, Analysts Eye Higher Levels
5.11.2020
After surpassing USD 14,000 yesterday, bitcoin (BTC) jumped above USD 14,800 today, reaching another almost three-year high, while analysts expect even a stronger rally.
At pixel time (12:50 PM UTC), BTC trades at USD 14,871 and is up by almost 8% in a day and 13.5% in a week. The most popular...
Bitcoin Above USD 14K While Prediction Markets Wave Goodbye To Trump
4.11.2020
Donald Trump. Source: a screenshot, Instagram/realdonaldtrump
The most popular cryptocurrency, bitcoin (BTC), jumped above USD 14,000 for the second time in a day, reaching almost three-year highs, while crypto prediction markets increasingly favor the Democratic candidate, Joe Biden, over...