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Bitcoin and Altcoins Struggle to Recover, Key Uptrend Support Intact


After a sharp downside correction, bitcoin price found support above USD 32,500. BTC started a fresh recovery and climbed above USD 34,000 before correcting lower again. It is currently (13:00 UTC) showing positive signs, but it could face hurdles near USD 35,000 and USD 35,500. Similarly, major...

EOS Slumps, Holders Rage after Key Technical Boss Steps Down


Dan Larimer. EOS token prices are in a tailspin, following the news that blockchain developer Daniel Larimer is stepping down from his role as chief technical officer (CTO) at Block.One, the firm that masterminded the network. At the time of writing (10:20 UTC), EOS is the worst performing coin...

XRP Resumes Rally Despite Ripple Confirms It Failed Settle With SEC


After a correction yesterday, XRP resumed its rally while major US-based blockchain company Ripple said it failed to settle with the US Securities and Exchange Commission (SEC) but promised to keep trying. At the time of writing (10:19 UTC), XRP trades at USD 0.337 and is up by almost 12% in a...

China Pilots Phone-free Digital Yuan Wallet at Shanghai Hospital


The Chinese central bank, the People’s Bank of China (PBoC) appears to have green-lighted a “hard wallet” smartphone-free pilot for its forthcoming digital yuan. Per a Tencent news report, the pilot is being conducted in the staff cafeteria of the Shanghai Jiao Tong University School of Medicine’s...

More Bad News Coming For XRP Proves Crypto Market Matured


There are more bad news coming for XRP, following the recent lawsuit filed against major US-based blockchain company Ripple - as yet another major exchange stops trading, an investor sues Ripple looking to force a stock redemption, and the number of addresses with XRP 1m or more has dropped...

International Coffee Shop Chain Tom N Toms to Launch 'Cryptoasset'


Source: A screenshot, Instagram/tomntomsph South Korean coffee shop chain heavyweight Tom N Toms is set to release what the South Korean media has universally called a “cryptoasset” that makes use of blockchain technology. Per multiple media reports from outlets including News1 and Chosun Ilbo,...

Sell Telegram to Pay off Failed ICO Debts, Demand Angry Investors


Disgruntled investors in the failed Telegram initial coin offering (ICO) say that Pavel Durov, the chat app operator’s founder, should sell his stake in the company to pay off his debt to those left out of pocket. The investors stumped up a combined total of around USD 1.7bn in the TON network...

Grayscale Replaces XRP With Bitcoin, Ether, LTC, and BCH + 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. Investing news Grayscale Digital Large Cap Fund said it has removed XRP and used cash proceeds to purchase the remaining fund components: bitcoin...

Bitcoin and Altcoins Holding Uptrend Support


Bitcoin price is holding gains above the USD 30,000 and USD 30,500 support levels. To start a fresh increase, BTC must gain momentum above the USD 32,500 resistance. It is currently (13:00 UTC) trading well above USD 31,200. Similarly, most major altcoins are trading above important uptrend...

Crypto Listing and Delisting Announcements: Week 1


Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know...

XRP Army Fils A Petition, Digital Yuan Giweaway + 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. Legal news XRP investors have filed a petition against the US Securities and Exchange Commission (SEC) on December 29, claiming "irreparable...

Crypto Market Sentiment Climbs; XRP is Week's Loser but Among Day's Winners


In the very last week of 2020, as the market was still rallying, the market sentiment climbed, but not far from where it stood a week before. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins went up from 5.43 recorded last Monday to 5.59 recorded...

Russian CBDC To Create 'Centralized Database' of Spending, Expert Warns


Another Russian crypto expert has warned of the dangers of the nation’s Central Bank issuing a so-called digital ruble, claiming that neither consumers nor banks are yet sold on the idea of using a digital fiat. In an interview with AB News, Viktor Dostov, the Chairman of the Russian Electronic...

Coin Race: Top 10 Winners & Losers of December, Q4, and 2020


The time flies and it might even be flying faster in the Cryptoverse - or so it would appear - with the turbulent, volatile markets putting on a show for us daily, monthly, and yearly. And what a show they put in 2020! From bitcoin (BTC) reaching new all-time highs, climbing towards USD 30,000...

New High for Bitcoin, Altcoins Show Positive Signs


There were additional gains in bitcoin price above the USD 29,500 level. BTC traded just above USD 29,650 and formed a new all-time high. It is currently (13:00 UTC) showing signs of more possible gains above USD 29,650 and USD 29,800. Similarly, many major altcoins are showing bullish signs....

Binance to Cover USD 10m in Losses for Users Affected by the COVER Hack


Source: a screenshot, Instagram/binance Following a COVER smart contract hack, major crypto exchange Binance announced they will use their funds to cover their users' losses to the tune of USD 10.1m. "In addition to the compensation plan from the COVER team, Binance will utilize the Binance...

Coinbase to Face Class Action Suit over XRP Listing


An alleged customer of the crypto exchange giant Coinbase has hit the trading platform with a class-action lawsuit – claiming that the crypto firm “illegally sold” him “securities” in the form of Ripple’s XRP tokens, which has actually enjoyed a surprising rally today. In a legal document submitted...

While Bitcoin Extends Rally, Altcoins Take Back Seat


After settling above USD 28,500, bitcoin price started a fresh increase. BTC broke the USD 29,000 level and traded to a new all-time high close to USD 29,300. It is currently (05:00 UTC) consolidating gains and it seems like the bulls might aim for a test of USD 30,000 in the near term. Besides...

Bitcoin Retreats From New All-Time High, XRP Eyes Gains


After a sharp increase, bitcoin price spiked above USD 28,400. BTC traded to a new all-time high near USD 28,600, but there was no upside continuation. The price is currently (13:00 UTC) correcting gains and it might find a strong support near USD 27,500. Similarly, there was a minor pullback...

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