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While Bitcoin Extends Rally, Altcoins Take Back Seat
31.12.2020
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
30.12.2020
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...
Ripple Bets On the New SEC While the XRP Purge Continues
30.12.2020
It looks like major US-based blockchain company Ripple is putting their hopes in the new US Securities and Exchange Commission (SEC) following a lawsuit filed against the company by the regulator. Meanwhile, more platforms are suspending trading in XRP.
Ripple is now looking towards the incoming...
Production to Begin on USD 540m Crypto-themed TV Drama 'Pumping Time'
30.12.2020
Source: Adobe/Pixel-Shot
A South Korean TV drama production company is set to launch a major series that will focus on crypto and blockchain-related matters - with a bumper budget of over USD 2.7m per episode.
Per Financial News, major A-list celebrity actors from South Korea, China, and the United...
Bitcoin and Altcoins Show Positive Signs
29.12.2020
After a downside correction below USD 26,500, bitcoin price found support near the USD 26,000 region. As a result, BTC started a fresh increase and it broke the USD 26,500 resistance zone. It is currently (13:00 UTC) showing positive signs, but it must settle above USD 27,250 for a sustained upward...
Alarm Bells Ringing in XRP-keen Japan
29.12.2020
Japanese investors are reeling from news coming out of the United States, where the regulatory Securities and Exchange Commission (SEC) has launched something akin to a war on Ripple’s XRP token, with Coinbase the latest big-hitting exchange to announce it will suspend XRP trading.
XRP adoption...
XRP Crashes as Coinbase To Suspend Trading
29.12.2020
The fourth-largest cryptoasset, XRP, crashed to September lows after US-based major exchange Coinbase said it will suspend its trading on Tuesday due to a recent regulatory crackdown on XRP-affiliated Ripple.
At the time of writing (04:03 UTC), XRP trades at USD 0.2248 and is down by almost 21%...
Crypto Listing and Delisting Announcements: Week 52
28.12.2020
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...
Crypto Market Sentiment Slips; Binance Coin Takes The Medal Again
28.12.2020
In the second-to-last week of 2020, the market had another rally and bitcoin (BTC) hit new all-time highs, but the market sentiment dropped. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins fell from the positive 6 it managed to climb to in the week...
Bitcoin Now Hunts USD 25,000, Altcoins Gain Bullish Momentum
25.12.2020
After forming a strong support base above USD 22,700 and USD 23,000, bitcoin started a steady increase. BTC broke the main USD 23,500 and USD 24,000 resistance level to start a fresh rally. It is currently (13:00 UTC) up over 5% and it traded to a new all-time high near USD 24,680.
Similarly, most...
Binance to Exit South Korea, MoneyGram on Ripple + More News
24.12.2020
Source: Adobe/Negro Elkha (edited by Cryptonews.com)
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
Exchanges news
Binance is to shut down its South Korean operations with almost immediate...
Bitcoin Remains Resilient, Altcoins Start Consolidation
24.12.2020
Bitcoin price recovered and traded above the USD 23,000 level. It is currently (13:00 UTC) trading in a range and it could start a strong increase if there is a close above USD 23,500.
Besides, most major altcoins are consolidating losses, including ethereum, XRP, EOS, LINK, BNB, XRP, TRX, bitcoin...
Telegram Forced to Monetize – and the American SEC May Be to Blame
24.12.2020
The Telegram chat app – the popular communication tool of choice for the crypto community – could be forced to monetize thanks to a regulatory intervention from the American Securities and Exchanges Commission (SEC) that scuppered its tokenization and blockchainization plans.
In a frank post...
Polish Crypto Miner Prepares Its Services For South Korean Gamers
24.12.2020
Source: Adobe/Pixel-Shot
After obtaining a license to operate in Malta, Polish company GamerHash is pursuing its international development plans, aiming to launch its token on one of the leading crypto exchanges in Asia, and establish operations in South Korea.
The firm’s expansion to Malta allowed...
Bitcoin and Altcoins Swing While XRP Collapses
23.12.2020
Bitcoin price spiked below USD 23,000, but it managed to stay above USD 22,500. The price is currently (13:00 UTC) trading above USD 23,500, but it is struggling to gain momentum above the USD 23,880 resistance.
Similarly, most major altcoins struggled and saw swing moves, including ethereum,...
Brave Browser Chief Courts Social Media Rage with COVID-19 Comments
23.12.2020
Brendan Eich. Source: a video screenshot, Youtube/ Ensaladilla
The mastermind of the crypto-friendly Brave Browser, Brave (BAT) CEO Brendan Eich, has waded into a fresh controversy that has ignited social media once again – this time taking aim at the United States’ top epidemiologist.
Brave...
Small Exchanges Start Suspending XRP Trading Following the SEC Lawsuit
23.12.2020
Source: iStock/isa_ozdere
ow the fourth-largest cryptoasset by market capitalization, XRP, has started getting suspended by small exchanges following a lawsuit filed by the US Securities and Exchange Commission (SEC) against major US-based blockchain company Ripple.
Some small exchanges have...
Mining Giant Nornickel Issues First Blockchain-powered Metals Tokens
23.12.2020
Russian miner Norilsk Nickel, the world’s biggest palladium and high-grade nickel producer, has begun the first stage of its tokenization drive – partnering with two international exploration and mining firms to issue metal contract-backed, blockchain-powered digital coins.
In an official release...
XRP Slides to Two-month Low As SEC Filed Suit Against Ripple
23.12.2020
The third-largest cryptoasset by market capitalization, XRP, extended its losses and dropped to a two-month low after the US Securities and Exchange Commission (SEC) filed an expected action against US-based major blockchain company Ripple and two of its executives.
At the time of writing (04:39...
Russian Parliament Expects a 2021 ‘Surge’ in Token Issuance
23.12.2020
Russia’s parliament, the State Duma, said that it is braced for a “surge in token issuance” in the new year.
Per a report published in the Parliamentary Gazette, Anatoly Aksakov – the head of the Duma’s committee on financial markets and the chief architect of Russia’s crypto legislation – stated...