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Torum Closes Million Dollars Private Round to Create Social Media Platform With NFT and DeFi
23.4.2021
PRESS RELEASE. Torum, a social media platform specially designed for cryptocurrency users, is proud to announce that the project is now backed by some of the most promising VCs in the crypto industry. The $1.45M private round was participated by 13 private investors which consist of AU21 Capital...
Bitcoin Consolidates, Ethereum Gains Bullish Momentum, DOGE Crashes
21.4.2021
After a strong rejection near USD 57,500, bitcoin price corrected lower. BTC traded below the USD 56,500 support zone and it is currently (04:30 UTC) trading below USD 56,000. If it fails to stay above USD 55,000, there could be a drop towards USD 53,200.
Conversely, most major altcoins are gaining...
B2Broker CEO Artur Azizov Discusses the Growing Momentum and Future of CBDCs
12.4.2021
The text below is an advertorial article that was not written by Cryptonews.com journalists.
Central banks across the world have started to implement CBDCs (Central Bank Digital Currencies), the sovereign equivalent of cryptocurrencies such as Bitcoin and Ethereum. The idea behind them is that...
Cryptojacking Activity Decreased for the First Time Since 2018, Says Intelligence Report
8.4.2021
Cryptojacking activity seems to be losing momentum, specifically types that mine monero, as a recent report unveiled a slowdown in the illicit crypto-mining activities in the cloud. A threat intelligence firm compiled the results. Report Focused on Cryptojacking Incidents With Monero According...
Ripple’s XRP Continues its Bullish Momentum, Crosses $1 Mark
7.4.2021
XRP, Ripple’s crypto-token, soared past the $1 price mark on Tuesday. This is a major achievement for Ripple ever since its 2018 all-time high of $3.31. On Tuesday, it gained up to 86%, and currently, its price stands at $1.05. XRP has been displaying a bullish movement throughout March when...
Polkadot’s Potential Gathers Momentum as Tether Joins the Ecosystem
6.4.2021
The largest stablecoin by market capitalization will be the first to enter the ecosystem as the Kusama canary network adds support for tether before the eventual deployments to parachains. Tether Inclusion Complements Polkadot’s Efforts to Attract More Defi Applications With cryptocurrency...
Bitcoin, Ethereum and Altcoins Gain Bullish Momentum
29.3.2021
Bitcoin price broke the key USD 57,000 resistance to move further into a positive zone. It is currently (12:30 UTC) trading well above USD 57,000 and it might accelerate higher towards USD 58,800.
Similarly, most major altcoins are rising and showing positive signs. ETH is up over 3% and it broke...
Chainalysis has crypto’s 'heightened momentum' to thank for multibillion-dollar valuation
26.3.2021
The company recently raised $100M in VC funds. How does it plan to spend that money?
Bitcoin and Ethereum Move Higher, Altcoins Gain Momentum
24.3.2021
Bitcoin price remained well bid above USD 53,200, resulting in a strong increase. BTC broke the main USD 55,000 and USD 55,500 resistance levels. It is currently (12:40 UTC) well above USD 56,000 and it might accelerate higher if there is a break above USD 57,000.
Similarly, most major altcoins...
Cryptocurrency Markets Catch Fresh Momentum, BTC Price Taps Psychological $60K Handle
13.3.2021
The price of bitcoin cracked a new all-time high on Saturday morning reaching $60,120 per unit at around 6:25 a.m. (ET). Bitcoin now has a 1.12 trillion-dollar market valuation and a dominance level of around 61.9% while ethereum now commands close to 12% of the $1.70 trillion capitalization of...
Bitcoin Balances on Exchanges Are Draining, Leading Platforms See $10 Billion in BTC Withdrawn in 4 Months
9.3.2021
Bitcoin prices have regained momentum during the last two days as the price per coin touched a March 2021 high at $54,822 on Tuesday morning (ET). Back in December 2020, it was noted that bitcoin on exchanges dropped to a three-year low and this year bitcoin exchange balances continue to plummet....
Canada's Bitcoin ETFs Losing Momentum, But Not Investors' Interest
4.3.2021
Bitcoin (BTC) exchange-traded funds (ETFs) in Canada seem to have lost their initial explosive growth, waning with other major plays in the market, but analysts argue that the interest in ETFs is still there.
The Purpose Bitcoin ETF (BTCC) was launched on February 18 as North America’s first...
Bitcoin to Reach $100K to $288K in 2021? Stock-to-Flow Models Suggest It Could
3.3.2021
The creator of the notorious stock-to-flow model (S2F), Plan B has recently detailed that the price of bitcoin has surpassed the S2F model price by 26%. The strong momentum has a number of crypto enthusiasts thinking that bitcoin prices reaching the $100k to $288k range by the year’s end...
Bitcoin Plays With USD 50K, Ethereum, Altcoins Gain Bullish Momentum
2.3.2021
Bitcoin price started a steady increase above USD 45,000 and it even surpassed USD 48,000. BTC tested the USD 50,000 resistance and it is currently (05:00 UTC) consolidating gains. The price could continue to rise if the bulls gain strength above the USD 50,000 resistance.
Besides, most major...
Digital Yuan Scammers Gathering Momentum as Token Rollout Nears
25.2.2021
Police in China are warning that digital yuan-themed scams are starting to appear in the country with more regularity – as opportunistic fraudsters attempt to trick citizens out of their money with central bank digital currency (CBDC)-themed get-rich-quick schemes.
The digital token is nearing...
Bitcoin Still Above USD 50K, Ethereum and Altcoins Gain Momentum
24.2.2021
Bitcoin price remained stable above USD 48,000 and it even settled above USD 50,000. BTC is now facing hurdles near USD 51,500 and USD 52,000. It is currently (12:30 UTC) trading above USD 50,000 and the bulls could possibly attempt a break above USD 52,000.
Besides, most major altcoins are gaining...
Bitcoin Hits New ATH, Ethereum and Altcoins Gaining Momentum
19.2.2021
Bitcoin price remained well bid above the USD 50,500 support zone. BTC is rising and it is currently (13:00 UTC) trading above USD 52,000. It seems like the price might continue higher above USD 53,000 in the near term.
Besides, most major altcoins are gaining bullish momentum. ETH is trading above...
Litecoin Attempts to Redeem Charlie Lee’s ‘Original Sin’ as LTC Markets Gain Momentum
16.2.2021
Gradual warming to cryptocurrencies by financial companies combined with both retail investments and institutional interest has carved the way for litecoin’s renewed momentum in 2021. Litecoin is Riding the Bull Market to its Next Resistance Level Litecoin had a challenging start. In late...
Bitcoin and Ether Preparing for Next Move, Altcoins Gain Momentum
12.2.2021
Bitcoin price corrected lower below the USD 47,000 level, but downsides were limited. BTC is back above USD 47,000 and it seems like the bulls are eyeing a fresh increase above the USD 48,000 level. It is currently (05:00 UTC) showing positive signs, with a major support at USD 46,500.
Besides...
Looming Legal Issues and Transparency Questions Fail to Dent Tether’s Momentum
6.2.2021
Tether has never been more popular. A quick look at Coinmarketcap data underscores this point, with 24-hour trading volume in USDT (US dollar-denominated Tether) exceeding both Bitcoin and Ethereum combined. Users of the Legacy Stablecoin Show No Sign of Relenting A slow-rolling lawsuit brought...