Tag: Cryptocurrencynews

Following a stuck trading range since May 2021, Bitcoin's price rallied above $43,000 Friday, August 6. As of the time of filing, Bitcoin’s (BTC) price rallied to $43,231, the highest it has risen to since May 19. Available data from TradingView and Coin360 shows a rally staged by the bulls ...

The Ethereum Improvement Proposal 1559 was ushered Thursday with the full activation of the London Hard Fork.  The news of the software upgrade triggered a positive move in the price of Ether. ETH soared to about $2800, gaining 4.8% in the last 24 hours. Market capitalization rose to $300, up ...

The cryptocurrency industry seems to be growing in an incredible fashion. This follows a remarkable move by Wells Fargo, a top multinational financial services company to roll out Bitcoin and other crypto-based services to its wealthy clients. Wells Fargo provides banking, investment, and mortgage services to its customers. This recent ...

After spending most of Friday in the negatives, a late-night spike saw the price of Bitcoin break the $42,000 resistance. This is the highest the price has gone since mid-May, 2021. Crypto Map; Source: Coin360 However, this rapid momentum is being trailed by bearish movements, giving fears that a retracement ...

A source within Amazon whose identity has been masked has reportedly told City A.M, a London business newspaper that the e-commerce giant plans to accept Bitcoin (BTC) payments by the end of 2021. There is a possibility this move will set a broader platform for cryptocurrency payments. Speaking to the ...

Regulators in Malaysia have also come after popular cryptocurrency exchange Binance, giving them a 14-day ultimatum to exit the country. The authorities banned the operation of Binance in the country, totally. Binance, recently, has faced crackdowns by regulators in different countries, including the United Kingdom, Germany, Italy, and China. Malaysia ...

Binance’s NFT marketplace has announced a partnership with the State Hermitage Museum to issue tokens that represent the works of renowned artists including Leonardo da Vinci and Vincent van Gogh. In its July 27 blog post, Binance disclosed its partnership with the Saint Petersburg-based museum will see the creation and ...

FTX cryptocurrency exchange’s valuation has hit a record $18 billion following a $900 million funding round that closed Tuesday. Coming at a time Bitcoin’s price crashed and now selling below $30,000, the second time in less than two months, the valuation shows the daring passion of investors in digital assets. ...

Yuga Coin, a stablecoin designed to be backed by government debt, has been awarded a U.S. patent, the two co-founders of the Puerto Rico-based digital FV Bank have said, noting their place as first in history. According to a patent application filed in 2020, the two co-founders, Nitin Agarwal and ...

With questions about how Tether’s USDT has kept its head above water for so long and Circle announcing plans to go public, stablecoins have never been so much talked about since they came into existence seven years ago. For the record, stablecoins are digital assets that exist without the volatility ...