Blockchain Bearish News
Two Austrian men have been arrested by the police in Vienna for allegedly helping former Wirecard COO Jan Marsalek to escape from the law in Belarus after masterminding a $2.4 billion corporate fraud. The two men, one who is a former senior agent in the Austrian secret service and the other a former right-wing politician […] …
The Bitcoin price upsurge has been a surprise to many people. Many are still anxious, waiting for the other shoe to drop, and think that the Bitcoin price will crash in 2021. A few experts shared with us what they think will happen to the Bitcoin market this year. Chad Elwartowski First Seasteader Ocean Builders […] …
Residents of Chengdu will receive $4.6 million in the form of the Chinese CBDC to spend as the country doubles-down on its digital yuan trials. …
The International Organization for Public-Private Cooperation has been vocal about its stance on the burgeoning crypto market.
The post World Economic Forum to host cryptocurrency discussions at Davos this week appeared first on CryptoSlate. …
TL;DR Breakdown: A Sharia-compliant exchange CoinMENA has received a license from Bahrain central bank for launch. The exchange will serve both institutions and retail investors in MENA. A new digital currency exchange, CoinMENA, is set for launch in Bahrain after receiving a virtual asset license from the country’s central bank. The soon-to-launch exchange aims to […] …
Some US banks have restarted their outrage against Bitcoin even as others have warmed up to the asset in the past year.
The post After brief cheers, U.S. banks are back to bashing Bitcoin again appeared first on CryptoSlate. …
Institutional investors have allocated nearly $1.3 billion in GBTC in a week, while Grayscale looks into adding more crypto assets to its portfolio. …
Exploding altcoins, such as Chainlink reaching a new all-time high above $24.5, have reduced bitcoin’s dominance over the market to 64%. …
They say dips are for buying, and that’s the approach being taken by one NASDAQ listed software firm.
The post MicroStrategy just added $10 million in BTC to its billion-dollar Bitcoin bags appeared first on CryptoSlate. …
The price of Bitcoin is showing strong momentum as it recovers above $33,000 following a relatively large correction on January 12.
The post What can invalidate the short-term bear scenario for Bitcoin? appeared first on CryptoSlate. …
Michael Saylor’s MicroStrategy continues to scoop up BTC whenever they seem to get the chance. The company has just bought another $10 million following the most recent price crash. …
TL;DR Breakdown: Komainu has been appointed to provide custody service for cryptos seized by UK police. The development will help the police to properly handle cases involving crypto. The UK law enforcement authority has entered a new agreement with an institutional-grade crypto-assets custodian, Komainu, to store digital currencies confiscated during the course of investigations. As […] …
Philip Salter, Genesis head of mining operations, is of the view that Bitcoin would need second-layer solutions to be seen as a good store of […] …
Cryptocurrencies’ entry into the mainstream continues to get more impressive with each passing day. Now, companies are allowing their staff to get paid in crypto […] …
The crypto market cap has lost nearly hundreds of billions in a few days as bitcoin and most altcoins have dumped by double-digit percentages. …
TL;DR Breakdown: Thirty people from Japan have been charged for exchanging NEM tokens allegedly stolen from Coincheck. The suspect used a dark web platform to swap the cryptos before cashing out to their accounts. The Japanese authorities have arrested a group of persons who were caught exchanging NEM tokens, which were allegedly stolen from the […] …
There have been many discussions over what the Biden administration has in store for the crypto industry once it settles in. So far, the 46th […] …
US-based IT company Sequoia Holdings LLC will allow its employees to receive portions of their salaries in BTC, BCH, and ETH. …
The past 24 hours saw a total of about $900 million in liquidations as Bitcoin’s price seems to be headed toward $30,000. …
TL;DR Breakdown Joe Biden orders all federal agencies to suspend all regulatory processes. FinCEN had earlier proposed that all crypto wallets enforce KYC rules. Members of the crypto community show support for the new President’s order. United States President, Joe Biden, has ordered all federal agencies to suspend all regulatory processes for the next 60 […] …
TL;DR Breakdown: Saudi Arabian expert called Bitcoin a first-class speculation tool The expert said cryptocurrencies could have a place if the prices are determined by the central banks. The leading digital currency, Bitcoin (BTC), faced a lot of objection during its early stage of development. However, the cryptocurrency has managed to break records with its […] …
TL;DR Breakdown Pornhub has added support for more cryptocurrencies, including XRP and BNB. In total, the company now supports about sixteen digital currencies. Pornhub, the popular adult entertainment platform, is apparently going all into digital currencies for payment. To ensure the privacy of users probably, Cryptopolitan reported that the website had recently defaulted cryptocurrencies as […] …
TL;DR Breakdown Bitcoin Cash price prediction expects a correction to $460. Strong resistance currently lies at the $525 mark. Strong support currently lies at the $495 mark. The Bitcoin Cash price prediction by the Trading View analyst Erik Dobra shows that the cryptocurrency’s price will complete the ongoing price correction and fall towards the $460 […] …
TL;DR Breakdown Bitcoin price dips below $35k. The market cap of the industry drops by close to $50 billion. In the last 24 hours, Bitcoin price rallied up to $38k before dipping below $35k. The crypto asset’s inability to maintain its upward movement led to a drop in the coin’s dominance, which affected other altcoins, […] …
TL;DR Breakdown: A female crypto trader in Korea lost over $450K to robbers after a transaction with a buyer. Another trader had faced a similar situation earlier this month. A report today by AsiaOne reminds us why person-to-person crypto transactions of large amounts can be risky. A female crypto trader was recently robbed of over […] …
19th January 2020, St Kitts & Nevis & Atlanta – The Foundation for Economic Education (FEE.org) announced today that Bitcoin.com founder and early cryptocurrency investor Roger Ver has made two gifts totaling $2,000,000 in Bitcoin Cash (BCH) to support FEE’s work in advancing individual liberty and educating students around the world on the moral and […] …
A woman in Hong Kong has been attacked by a gang of robbers after she conducted a live cryptocurrency transaction. …
For so long, global cryptocurrency crime involved hacking an exchange or floating a Ponzi operation. It seems some crooks have resorted to physical theft and […] …
TL;DR Breakdown Ethereum all-time high has finally hit the charts at $1430 and rising. Ethereum price started climbing after 7:30 AM GMT. Ethereum all-time high is likely to push the price to new highs. The wait is over, the much anticipated Ethereum all-time high has finally formed and the queen of cryptocurrency is breaking new […] …
TL;DR Breakdown Bitcoin Cash price prediction expects a retest to $600. Strong resistance lies at the $530 mark. Strong support lies at the $500 mark. The Bitcoin Cash price prediction by Blurry Face Nobody shows a price ascension towards the $611 mark. The analyst believes that cryptocurrency will break above an up-channel in the long-term […] …
Maps.me, a travel and mapping application, has announced a successful funding round as it looks to integrate the travel world with decentralized finance (DeFi). The […] …
China’s lead in the race for developing a Central Bank Digital Currency (CBDC) is unassailable at this point. The country is making further progress, with the […] …
TL;DR Breakdown Bitcoin Cash price prediction expects a rise to $640. Strong resistance lies at the $505 mark. Strong support lies at the $470 mark The Bitcoin cash price prediction by Master Shark suggests an upward breakout of a triangle pattern. The analyst believes that the cryptocurrency is set for a long-term move past the […] …
TL;DR Breakdown Link and other altcoins have enjoyed enormous growth since the beginning of the year. Bitcoin price has been hovering between $30k -$40k since last week. Chainlink native token, LINK, and other altcoins have gained massively since the beginning of the year. Bitcoin is, however, currently taking a hiatus. In the last 24 hours, […] …
Alameda Research, the company behind the FTX exchange, has led a funding round that raised $50 million to create a DeFi ecosystem on Maps.me, an offline mapping application.
The post This company is bringing DeFi to 140 million users thanks to a $50 million round of venture capital appeared first on CryptoSlate. …
Livecoin, one of the largest Russian exchanges just announced that it will be closing down operations. The official announcement noted that the exchange could not recover from the financial and technical losses incurred due to a hack in December 2020. Thus they have decided to seize their operations and return the remaining funds to their
The post Breaking: Crypto Exchange Livecoin Announces Closure After Failing to Resolve Issues Post Hack appeared first on Coingape. …
Several developments headlined the news cycle for the crypto industry in 2021. One of them was the growing interest in Central Bank Digital Currencies (CBDCs). […] …
The crypto market cap reaches $1 trillion again as BTC recovered from its weekend slump, while BNB and LINK paint new records. …
TL;DR Breakdown Frank Giustra says that governments would stifle Bitcoin growth because of their CBDC projects. China launches a Digital Yuan ATM. Billionaire investor, Frank Giustra, has said that governments and central banks in the world will do all they can to stifle the growth of Bitcoin. In an interview with Daniella Cambone of Stansberry […] …
Paypal introduced cryptocurrency to its platform last year in what turned out to be a major headliner in the world of crypto. Analysts predicted that the decision of the world’s largest payment processor to enable its users to buy and hold cryptocurrencies will provide the turning point required for crypto to go mainstream. By launching […] …