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Bitcoin Remains At Risk, Ethereum, Small Altcoins Try to Recover
24.11.2021
Bitcoin price failed to gain pace above the USD 58,000 resistance zone. As a result, BTC started a fresh decline and traded below USD 56,500. It is currently (04:31 UTC) back above this level but still showing bearish signs and it could accelerate below USD 56,000....
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Opposed to Bitcoin Payments, Bank of Russia Says State Should Not Stimulate Spread of Cryptocurrencies
20.11.2021
Cryptocurrencies are anonymous and the government shouldn’t encourage their spread, the head of Bank of Russia has insisted. The regulator remains firmly opposed to the legalization of bitcoin and the like as a means of payment in the Russian Federation. Bank of Russia Reiterates Negative...
Egyptian Billionaire Remains Bullish on Gold, Says It’s Wrong to Compare Precious Metal to Bitcoin
14.11.2021
Egyptian billionaire Naguib Sawiris has said he remains bullish on gold and has no intention to invest in cryptocurrencies like bitcoin because such investment is a very risky business. Sawiris Says Gold Still Safe-Haven Asset In his remarks published by The National News, the billionaire reveals...
Dogecoin (DOGE) Surpasses Shiba Inu and Remains Bullish
9.11.2021
The sudden rise of Shiba to a notch above Dogecoin was a shocking blow to the price action in the last month. The sudden development of buying sentiment at Shiba woke the Dogecoin lovers, and we witnessed a strong comeback of Dogecoin in October 2021. To this date, DOGE has delivered a return...
Coinbase Lets Customers Borrow up to $1 Million Using Bitcoin as Collateral
3.11.2021
The Nasdaq-listed crypto exchange Coinbase is now letting customers borrow up to $1 million using bitcoin as collateral. The company charges 8% APR but there is no credit check. The exchange said that the bitcoin used as collateral “remains safely held by Coinbase,” emphasizing...
JPMorgan Sees ‘Bullish Outlook’ for Bitcoin as Inflation Concerns Push BTC Price Higher
24.10.2021
Global investment bank JPMorgan says inflation concerns are pushing the price of bitcoin to record highs, rather than interest in recently launched bitcoin futures exchange-traded funds (ETFs). Noting that investors are pulling out of gold ETFs into bitcoin funds, the firm noted, “The flow...
The Ongoing Effort to Free Ross — Ulbricht’s Clemency Petition Closes in on Half a Million Signatures
16.10.2021
As the end of 2021 nears, Ross Ulbricht remains in prison as he continues to serve his draconian double-life prison sentence for creating a website called the Silk Road. Ever since he was arrested, there’s been an ongoing effort to free Ulbricht, as a great majority of individuals and...
Bitcoin Remains Supported, Ethereum Inches Higher, DOT Rallies
14.10.2021
Bitcoin price gained pace above the USD 57,500 level. BTC even surpassed USD 58,000, but it faced hurdles near USD 58,500. There was a minor downside correction and the price is currently (12:04 PM UTC) attempting a fresh increase.
Besides, most major altcoins are showing positive signs. ETH is...
USD 1.8M Worth of Crypto & Fiat Remains in Limbo in South Korea
11.10.2021
s of exchanges were forced to close on September 25 after the nation imposed some of the strictest rules in the world on trading platforms. They were forced to obtain information security management system (ISMS) certification from the government’s IT agency in order to offer crypto-to-crypto tradin
Bitcoin bears risk getting trapped if BTC price remains above $50K — Here's why
7.10.2021
Hash rate, supply shock, and U.S. credit risk are likely the causes for the BTC rally
Bitcoin price dips are being ‘bought up strongly’, but a $50K close remains key
4.10.2021
Analysts identify the key levels BTC needs to hold in order to see continuation above $50,000
Russia, US in Top 3 for Crypto-Related Threats, Cybersecurity Report Unveils
4.10.2021
Threats related to cryptocurrency have followed prices, decreasing significantly after the market slump in May, suggests a recent report released by a leading internet security firm. Detections fell by almost a quarter but Russia remains the most affected country, with the U.S. ranking in the...
Dollar Strength Remains High as Traders Wait for Tapering
29.9.2021
On Wednesday, the dollar was trading at its highest levels, driven higher by the U.S. rates and aided by market concerns about the Federal Reserve would begin to remove the support as global economic headwinds mount. The Japanese yen is a currency that is sensitive to the U.S. yields because higher...
Court Extends Detention of Finiko Pyramid Founder Doronin and His Right-Hand Man
25.9.2021
A court in Tatarstan has extended the detention of Kirill Doronin, founder of Russia’s largest Ponzi scheme in recent times, Finiko. Doronin will spend at least two more months in custody as authorities fear he could hide from law enforcement. Ilgiz Shakirov, vice-president of the crypto...
PureVPN Can Help Crypto Users Stay Secure and Access International Exchanges
21.9.2021
Crypto users access their wallets and exchanges day in and day out and making sure it remains secure is one of their top concerns. While most of these apps have great security features like multi-factor authentication and biometrics, what happens to your data while it travels through the network...
Ethereum killers or just pretenders? But Ether remains king for now
19.9.2021
The issue of high gas fees rears its head up for the Ethereum community yet again as “Ethereum killer” networks continue to gain more attention
Mining Is Not Banned in Ukraine and Does Not Require Licensing, Key Crypto Advisor Says
13.9.2021
The regulatory status of cryptocurrency mining remains somewhat undetermined in Ukraine, even after the recent adoption of the law “On Virtual Assets.” However, albeit unregulated, the minting of digital coins isn’t prohibited either, according to a leading advisor on crypto...
Iran Shuts Down More Illegal Crypto Farms, Bringing Total to Over 5,300
11.9.2021
Authorities in Iran are continuing their crackdown on unauthorized cryptocurrency mining as electricity demand remains high. The country’s power utility company has so far closed down more than 5,300 illegal mining facilities, seizing an enormous amount of coin-minting machines. Power...
Ethereum Alternative Solana Almost Doubles In a Week, Flips XRP
9.9.2021
fter Tuesday’s market selloff left SOL nearly unscathed, while the competing Ethereum platform’s ETH token remains down more than 10% from before the crash.At 10:48 UTC, SOL was up by a whopping 31%
Bitcoin Fundamentals Remain Strong Despite Flash Crash - Analysts
8.9.2021
most altcoins were still down markedly over the past 24 hours, despite dip buyers coming to the rescue to bid up the prices of many coins from their lows yesterday. For now, the price of bitcoin remains down by 10% for the past day, trading at around USD 46,129, while ETH is also down by 10% to a pr