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People’s Bank of China Targets Crypto Companies in Shenzhen Crackdown
18.8.2021
The Shenzhen office of the People’s Bank of China (PBOC) has reportedly set out to correct the business activities of about a dozen companies allegedly engaged in cryptocurrency transactions. According to Chinese media, the entities have been targeted in a crackdown on crypto trading in...
Binance Coin (BNB) Has One Last Resistance To Overcome!
17.8.2021
Binance Coin is the native token of the Binance ecosystem comprising Centralized Exchanges, Decentralized Exchanges, Binance Chain, Binance Smart Chain, and its crypto financial services. At present, Binance Coin faces stiff resistance near $431 levels, which comes out as an essential Fibonacci...
Finder’s Expert Panel Suggests Litecoin’s Price to Spike More Than 40%, $266 per LTC by Year’s End
17.8.2021
The product comparison website Finder has published a report that polled 42 financial technology (fintech) specialists and found the average forecast from the group indicates they believe the crypto asset litecoin will be worth more than $200 by the end of 2021. The crypto asset launched by Charlie...
Bank of America Sees Long Road Ahead for Coinbase to Become the ‘Amazon of Crypto Assets’
17.8.2021
Bank of America has initiated coverage of Coinbase Global. The bank has identified several factors that could boost Coinbase’s revenue. Regarding the crypto exchange’s plan to become “the Amazon of crypto assets,” Bank of America says it is “still in very early stages...
Dogecoin Price Captures 24 Hour Double-Digit Gains Following Social Media Hype
16.8.2021
The notorious dogecoin has been moving northbound in value once again climbing more than 17% during the last 24 hours and 32% over the course of the week. Currently, across social media platforms like Twitter, Tiktok, and Facebook, the hashtag #dogecointo1dollar has been trending. Meanwhile,...
The Crypto Economy’s Biggest 12-Month Gainers Outshined Bitcoin and Ethereum by a Long Shot
14.8.2021
2021 has been an incredible year for bitcoin, ethereum, and a great number of the world’s most popular digital assets. While bitcoin has gained around 300% during the last 12 months and ethereum has risen by 630%, a large swathe of crypto assets saw much larger gains. 12-Month Stats Show...
Price analysis 8/13: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, SOL, LTC
13.8.2021
The sharp rebound in Bitcoin and most major altcoins proves that traders are buying aggressively on every minor dip
Crypto Data Firm Dune Analytics Raises $8M — Series A Round Led by Union Square Ventures
13.8.2021
The team behind the platform that allows users to track data on the Ethereum blockchain, Dune Analytics, announced the firm has raised $8 million from strategic investors like Union Square Ventures. Dune Analytics detailed the firm plans to leverage the new financing in order to hire more help...
Price analysis 8/11: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, LINK, SOL
11.8.2021
Bitcoin and most major altcoins remain above their respective 200-day moving average but the market's momentum will depend on whether BTC can pierce the $48,000 level
Coinbase beats earnings estimates as analysts say regulation will ‘stifle’ innovation
11.8.2021
COIN exceeded earnings estimates but analysts caution that blanket crypto-sector regulation will “stifle innovation” and possibly cast a shadow on Coinbase's growth
Will the Real Polygon Please Stand Up — Spammers Wrongly Post Coin Drops on Video Game-Related Feed
11.8.2021
In a strange twist of fate, two companies named Polygon are the source of a storm of confusion on Twitter as a video game community gets a unique introduction to Polygon’s blockchain technology. Crypto Scammers Hit Game-Related Feed Polygon, the rebranded layer 2 blockchain solution...
Prepare For The Freshest Development in The Crypto World With CYCE COIN
11.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
Many projects have been carried out on blockchain platforms thanks to the Ethereum infrastructure. However, the vast majority of them are digital initiatives.
The CYCE crypto asset is a new concept meant...
Coinbase removes ‘backed by US dollars’ claim for USDC stablecoin
11.8.2021
The Coinbase website now states that USD Coin is “backed by fully reserved assets,” contrary to the now-removed claim of “backed by U.S. dollars in a bank account.”
Circle Intends to Become a Full-Reserve National Commercial Bank
11.8.2021
Circle, a cryptocurrency fintech services company, announced it intends to become a full-reserve national commercial bank. This would bring a set of responsibilities and duties to the company equal to those of other mainstream banks: having to report to the Federal Reserve, U.S. Treasury, OCC,...
Man Sentenced to 8 Years in Prison for Stealing Nearly $7 Million of Crypto in Israel
11.8.2021
Afek Zard, a resident of Israel, has been sentenced to eight years in prison for embezzling a large sum of cryptocurrency that belonged to a friend of his. The man, who refused to cooperate with the investigation, will have to pay a hefty fine as well. Israeli Resident Sentenced for Cryptocurrency...
Price analysis 8/9: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
9.8.2021
Bitcoin’s break above the 200-day SMA suggests that the downtrend could be over and that may pull buyers back into altcoins
Bitcoin can't be viewed as an untraceable 'crime coin' anymore
8.8.2021
Yes, some criminals use Bitcoin, but the innovation behind this technology improves the financial system
2 Senators introduce pro-crypto amendment to infrastructure bill; industry says it's not enough
7.8.2021
Perianne Boring, the founder and president of the Digital Chamber of Commerce, provided details about the proposed amendment Saturday afternoon
Price analysis 8/6: BTC, ETH, BNB, ADA, XRP, DOGE, DOT, UNI, BCH, LINK
6.8.2021
Bitcoin and most major altcoins are near critical overhead resistance levels, suggesting that the downtrend is very close to ending
Is Dogecoin Just Another Hoax Coin or Will It Be Worth Something?
6.8.2021
Cryptocurrency is a unique world, where the most unique coins have the highest value. On the other hand, some cryptocurrencies haven’t achieved anything substantial and still have a huge market capitalization. Dogecoin has rallied so far, mostly because of the endorsements and tweets of Elon Musk....