Ethereum’s 3-month correlation with Bitcoin has hit a 10 month high The increased correlation comes after last month’s Bitcoin dip to $30k that shook the crypto-verse ETH/BTC daily chart hints of Ethereum attempting to break free from the influence of Bitcoin at least in the short term However, 0.08 BTC might prove to be a …
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Bitcoin Price Prediction – June 2 The Bitcoin price bounces off the support at $35,920 and added more than $2500 to its current value. BTC/USD Long-term Trend: Bearish (Daily Chart) Key levels: Resistance Levels: $42,000, $44,000, $46,000 Support Levels: $32,000, $30,000, $28,000 BTCUSD – Daily Chart BTC/USD is currently trading around $38,182 with a 4.07% …
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Approximately 378 days ago, before the bitcoin bull market started to heat up, a unique block was spent stemming from a coinbase reward created 37 days after the Bitcoin network launched. It seems roughly ten coins from the block reward were sold to an exchange, but 40 bitcoin worth $1.4 million at today’s exchange rates …
Major banking corporation Standard Chartered is launching a cryptocurrency exchange and brokerage service, giving its clients access to cryptocurrencies, such as bitcoin and ether. Standard Chartered joins a growing list of major banks worldwide that have embraced cryptocurrency. Standard Chartered Bank Diving Into Crypto Standard Chartered PLC (STAN.L) said Wednesday that the bank’s innovation arm, …
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PRESS RELEASE. Tel Aviv – June 2, 2021 – Kirobo, a leading cryptocurrency solutions developer, has announced that its crypto transfer ‘undo button’ is now available for transactions involving UNI, Chainlink, BNB, USDT, Sushi coin, as well as its native utility token KIRO. This extends the reach of Kirobo’s solution to over 4.5 million holders …
Hungary plans to be the first country in the world to erect a statue of Satoshi Nakamoto, as a life-size bronze bust of Bitcoin’s creator will be displayed in Budapest. The bronze bust design is being constructed by two sculptors, Tamás Gilly and Réka Gergely. A Reflective and Hooded Bronze Bust of Satoshi Nakamoto to …
Interoperable privacy solution Panther Protocol is looking to bring privacy into decentralized finance (DeFi), as well as the wider crypto asset universe. The startup has raised $8 million from a private sale to get the ball rolling. A roll-call of notable investors pitched in, including the likes of Moonwhale, Alphabit Fund, Kosmos VC, and several …
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Crypto ETFs in the US are piling up at the Securities and Exchange Commission (SEC) with multiple submissions awaiting approval. The reason the financial watchdog is showing hesitance towards launching ETFs has not been stated explicitly, but it could be concerned with how to protect investors, given the volatile nature of the crypto market, and …
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Kraken’s mobile crypto trading app is now available across the United States, except for New York and Washington. Major global cryptocurrency exchange Kraken has launched a mobile crypto trading application in a new move to boost industry adoption in the United States. The company announced Wednesday that its new app is now available for most …
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Manufacturers restrict mining of cryptocurrencies due to a shortage of GPU cards: Will this lead to the end of mining as we know it? After an exceptional start to the year, the crypto market entered a bearish period in mid-May, causing some to reevaluate their stance on some of the fundamentals surrounding the crypto industry. …
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One Irish MEP wants even stricter stablecoin and crypto regulations in Europe. Chris MacManus, a Member of the European Parliament (MEP) representing Midland Northwest, Ireland, has called for strict crypto regulations in Europe. According to a report on Wednesday, the MEP from Sinn Féin wants wholesale changes to the European Union’s proposed cryptocurrency changes. MacManus …
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The Dogecoin bull run is not over thanks to its Coinbase listing and simultaneous DOGE price rally. Dogecoin (DOGE) prices jumped by nearly 40% on a 24-hour adjusted timeframe on Wednesday, shaking out more than $16 million worth of bearish leverage in just one hour while almost reclaiming its pre-crash high. Dogecoin derivatives market records …
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Bitcoin Price Prediction: Trading is Rangebound– June 2The $40,000 to $35,000 level has been the major zone where Bitcoin versus the US Dollar trading is rangebound. The crypto’s price as of writing is at around $36,680, a 24-hour increase of 0.62%. Trades in Ranges: BTC MarketKey Levels:Resistance levels: $40,000, $45,000, $50,000Support levels: $30,000, $25,000, $20,000 …
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Decentraland (MANA), the decentralized virtual world, is gaining traction with consumers and brands. The recent intersection of gaming and non-fungible tokens (NFTs) is finding expression at Decentraland, where brand events are showing a viable route to monetizing the emerging virtual world. Which Cryptocurrency Will Explode: MANA One cryptocurrency that is building momentum right now and …
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XRP Fails Surging Northbound– June 2The market valuation of XRP/USD has been struggling to swing upward from an in-depth of the lower trading zone. But, the crypto market fails surging northbound while initially striving toward the resistance of $1.15 to now trade around the level of $1.02 at a 1.15% increase. Fails Surging Northbound: XRP …
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