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Ethereum Resumes Rally While Bitcoin Is Muted, Litecoin Surges 15%
4.5.2021
Bitcoin price started a recovery wave above the USD 55,500 resistance. BTC cleared the USD 56,000 level, but it is currently (12:00 PM UTC) facing many hurdles. A close above USD 57,000 is needed for a steady increase.
Besides, most major altcoins are moving higher. ETH tested the USD 3,250 support...
Bitcoin Price Plunges to $55k Mark
4.5.2021
Like all other asset classes, cryptocurrency investment also comes with its share of turbulence and volatility. In recent months, the cryptocurrency market has mainly witnessed positive momentum in its valuation and digital coin prices. This year 2021, has specifically gone excellent for...
Ethereum and DOGE Outperform Bitcoin, Altcoins Correct Lower
4.5.2021
Bitcoin price extended its upward move above the USD 58,500 resistance, but it failed to remain in a positive zone. BTC topped near USD 59,000 and started a fresh decline. It broke the USD 56,500 support and it is currently (04:30 UTC) consolidating near USD 55,500.
Similarly, most major altcoins...
South Korean Banking Regulations a Threat to ‘Big 4’ Crypto Exchanges
4.5.2021
South Korea’s newly imposed anti-money laundering (AML) and banking regulations are causing tensions that have reportedly left even the big four domestic crypto exchanges to fear for their futures.
The new regulations, which force crypto exchanges to ensure all of their customers use real name-...
Australian Crypto ETF, Digital Dollar Pilots, MetaMask Phishing Bot + More News
3.5.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investments news
The Australian Securities Exchange is reviewing a number of applications for a cryptocurrency-based exchange-traded fund (ETF)...
Bitcoin Taproot Speedy Trial Begins, But No Lock-in In This Epoch
3.5.2021
Bitcoin (BTC)'s long-awaited Taproot upgrade - its biggest upgrade since SegWit in 2017 - has been kicked off with the (somewhat contested) Speedy Trial - giving miners three months to signal readiness to enforce the upgrade. The first of six epochs has failed to lock in the upgrade.
On May 1,...
Travala Targets New Crypto Millionaires With Concierge Service
3.5.2021
As the ongoing bull market has increased the number of crypto nouveaux riches, the business is trying to capitalize on this trend by offering premium services for new crypto millionaires or even billionaires.
The most recent example is Binance-backed online travel agency Travala, that has launched...
Bitcoin Dominance Declines as ETH Breaks All Records
3.5.2021
On May 2, 2021, the cryptocurrency that ranked just next to Bitcoin in terms of market capital, Ether, had broken all records and made the headlines as it overcame the target of three thousand dollars and made it to the top of the competition. It must not come as a surprise, given that Bitcoin...
Ethereum’s New ATH, Bitcoin and Altcoins Target Additional Gains
3.5.2021
Bitcoin price gained bullish momentum above the USD 56,500 and USD 57,000 resistance levels. BTC is currently (04:25 UTC) consolidating near USD 58,000 and it could extend gains. A break above USD 60,000 could possibly start a stronger rally in the near term.
Besides, most major altcoins...
Bitcoin is a 'disgusting' product that comes 'out of thin air,' says Charlie Munger
2.5.2021
"I hate the Bitcoin success, and I don’t welcome a currency that’s so useful to kidnappers and extortionists and so forth," said the billionaire
Exchanges Reopen Centers to Cater for Older Crypto Customers
1.5.2021
South Korea’s biggest crypto exchanges are tentatively reopening their bricks-and-mortar customer centers – seemingly driven by a rise in older would-be investors who would rather get tips on crypto buying on a face-to-face basis than via smartphone or PC apps.
Per Chosun and Joongang Ilbo,...
Selling Coinbase, Micro Bitcoin Sunday, Revolut Frees BTC + More News
30.4.2021
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Investing news
Intercontinental Exchange (ICE), the operator of the New York Stock Exchange and the owner of Bakkt digital asset platform, has sold...
Are Wall Street Giants Playing the 'Make-Bitcoin-Cheaper' Game Again?
30.4.2021
Goldman Sachs Tower, is a 238 m, 42-story building in Jersey City, New Jersey. Source: Adobe/rabbit75_fot
It seems that the Wall Street actors may be playing the same game seen in January - bashing bitcoin (BTC) when it looks relatively weak, while and/or before doing their own BTC-related move....
Relief to Bitcoin Miners as Difficulty About To Drop Sharply
30.4.2021
Bitcoin (BTC) mining difficulty is about to drop sharply, almost reaching levels seen in January, while at the same time, the coin's price is much higher since the year began - spelling good news for miners.
Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards...
Cuban Challenges Investment Star to Smart Contract Crypto vs Stocks Bet
30.4.2021
Mark Cuban. Source: A video screenshot, Youtube/Vanity Fair
The increasingly bullish former bitcoin (BTC) skeptic Mark Cuban has once again waded into crypto-related waters – setting up a public bet against a high-profile investor who favors conventional stock trading.
Cuban, the star of Shark Tank...
Bitcoin Fluctuates, Ethereum Near ATH, BNB Rallies
30.4.2021
Bitcoin price failed to climb above the USD 55,000 level. As a result, there were more downsides in BTC below the USD 53,250 support. It tested the USD 52,400 zone and it is currently (04:40 UTC) attempting a recovery above USD 54,000.
Besides, most major altcoins are consolidating in a range....
Crypto Prosecutor Thwarted in Bid to Leave Post – and Join an Exchange
30.4.2021
A high-flying South Korean prosecutor from the Ministry of Justice has been left out of work after controversy arose over his attempted move to take on a post as a legal adviser for a major domestic crypto exchange.
Yonhap reported that the Ministry of Justice had announced that the prosecutor...
Canadian firm files final prospectus for Bitcoin ETF
29.4.2021
Subject to regulatory approval, the asset manager should convert its Bitcoin trust to an ETF starting next week
Crypto Ecosystem Matures, But There Are Fewer New Entrants
29.4.2021
The growth of business models outside crypto exchanges demonstrates the maturation of the crypto market’s infrastructure, while a noticeable decline in pre-seed deals shows a lack of new entrepreneurial entrants to the cryptospace, according to Mike Novogratz-led crypto-focused financial services...
UK Taxman Gears up for Assault on Crypto-holding Tax Evaders, Say Accountants
29.4.2021
A British chartered accountancy company says that UK tax authorities will quiz suspected tax evaders on their crypto holdings – to determine if individuals are seeking to avoid paying tax by making crypto purchases.
In a press release shared with Cryptonews.com, the accountancy, UHY Hacker Young...