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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....
Stablecoin reserves on crypto exchanges hit new historic high of $10B
29.3.2021
Cryptocurrency exchanges continue accumulating massive amounts of stablecoins like Tether and USDC Coin
Visa Starts Settling Transactions in USD Coin
29.3.2021
Payments giant Visa partnered with major crypto company Crypto.com in order to settle transactions in the second-largest steblecoin USD Coin (USDC) with Visa over Ethereum (ETH).
"Working with Anchorage, the first federally chartered digital asset bank and an exclusive Visa digital currency...
Visa plans to allow partners to settle fiat transactions with crypto
29.3.2021
Visa’s partners will be able to exchange USDC over the payment network to clear transactions made in fiat currency
Tron's Justin Sun Announces JUST NFT Fund For Pieces With USD 1M+ Tag
29.3.2021
Justin Sun. Source: a video screenshot, Youtube, Tron Live
Tron (TRX)'s head Justin Sun today announced the establishment of a high-priced non-fungible tokens (NFTs)-dedicated fund, as well as the hiring of a "top tier" artist as its chief advisor.
In a letter by the Tron Foundation...
Bitcoin Consolidates, Ethereum Still Below USD 1,700
29.3.2021
Bitcoin price tested the USD 57,000 resistance zone before correcting lower. BTC is currently (05:30 UTC) stable near USD 55,000, with a major support near USD 54,200. It could rise once again unless there is a daily close below USD 53,200.
Similarly, most major altcoins might start a fresh...
Survey Shows 77% of Americans Are Concerned About Rising Inflation, Prices for Goods Are Soaring
28.3.2021
Since well before the Covid-19 outbreak was found in America, the U.S. Federal Reserve invoked a number of monetary easing policies. Then throughout 2020, the central bank created a quarter of all the USD ever issued in less than 12 months to help the economy during the outbreak. Despite Fed Chair...
Joe Biden's USD 1.9T Stimulus Won't Reignite World Economy
28.3.2021
Source: Adobe/Ольга Копьёва
Michael Kitson, University Senior Lecturer in International Macroeconomics, Cambridge Judge Business School.
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The economic orthodoxy has long been that governments should try to balance their books and leave all the heavy lifting in managing their economies...
Chainalysis Valued at USD 2B as Investors See Demand For Crypto Intelligence
26.3.2021
US_based major blockchain analysis company Chainalysis announced today that it has raised USD 100m, bringing its valuation to over USD 2bn.
The company said that the Series D financing round was led by Paradigm, while previous investors Addition and Ribbit increased their investment in...
Bitcoin Bulls Protect USD 50K, XRP Shows Positive Signs
26.3.2021
Bitcoin price extended its decline below the USD 52,000 support level. BTC even traded close to USD 50,000, where the bulls took a strong stand. It tested USD 50,400 and it is currently (05:30 UTC) recovering above USD 52,000.
Besides, most major altcoins are showing signs of a steady increase....
Ethereum Alternative Solana Gets USD 40M Boost
25.3.2021
Proof-of-stake protocol Solana (SOL), which is being touted as another alternative to Ethereum (ETH), has announced two strategic investments today, from crypto exchanges OKEx and MXC, with the combined funds to be used for the growth of projects in the Solana ecosystem, as well as expanding...
Unmarshal Raises $2.6M USD From Industry Heavyweights to Build Multi-Chain Data Indexing Protocol
24.3.2021
PRESS RELEASE. Unmarshal is proud to announce that the seed and private sale funding rounds have been successfully closed with strong investment support from Industry bigwigs. A total of $2.6m was raised in the seed and private rounds. With the fresh capital introduced, Unmarshal will focus...
Blockchain.com Valued at USD 5.2B As It Raises USD 300M
24.3.2021
London-based major crypto firm Blockchain.com raised USD 300m in an investment round that gave the company a USD 5.2bn valuation.
In a February 24 announcement on the company's website, CEO Peter Smith said that their Series C round was led by DST Global, Lightspeed Venture Partners, and...