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. …
Tag: price
Careless Investors Have Lost Bitcoin Worth $140 Billion: Report
While the crypto market continues to grow, there have been renewed fears of a liquidity crisis, with more people unable to access Bitcoin. Most crypto insiders […] …
Litecoin price prediction: LTC to $200, analyst
TL;DR Breakdown Litecoin price prediction expects a rise towards $200. Litecoin must hold the crucial support found at the $100 mark. Strong resistance currently lies at the $147 mark. Strong support currently lies at the $129 mark. Following the cryptocurrency market, Litecoin price followed a descending channel since 14th January. The sharp downward trajectory does appear […] …
DeFiMAGIC Demonstrates NFT Use Case on Ardor
2020 saw a surge in defi and non-fungible token (NFT) activity happening on Ethereum as excitement grew around the prospect of yield farming and investing in the new world of digital collectibles. Inspired by this growing interest, members of the Ardor community set out to develop DeFiMAGIC, harnessing the features of the multi-chain platform including […] …
DeFi Explosion: Binance DeFi Index Hits ATH as Total Value Locked Eyes $25 Billion
DeFi keeps booming as Binance’s DeFi Composite Index sees a new all-time high record while the TVL eyes $25 billion. …
Bitcoin Struggles to Recover After Biggest Weekly Price Loss Since September
Prices fell by 6% in the seven days to Jan. 17, a weekly fall not seen since the first week of September. …
Russian exchange, Livecoin terminates services after abrupt hack
TL;DR Breakdown: Livecoin has decided to close its business and repay users. The exchange was involved in a cyber-attack that took away their control of the platform. Livecoin, one of the long-running digital currency exchanges in Russia, has been forced to shut down its services after several attempts to regain control of the platform’s server. […] …
Altcoin Price Analysis: XRP and AAVE
This piece analyzes the short-term price actions and momentum of XRP token and Aave protocol. (Read More) …
Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency
Bitcoin (BTC) remains a hot topic of discussion among top delegates and institutions of the world. The former U.S. Treasury Secretary Larry Summers has recently endorsed Bitcoin saying that it is here to stay. During an interview with the Bloomberg Wall Street Week, Summers said: “I think some institution, like Bitcoin (BTC), is here to stay.
The post Former U.S. Treasury Secretary Larry Summers Says Bitcoin (BTC) Is Here to Stay, Former Canadian PM Calls It Reserve Currency appeared first on Coingape. …
Bitcoin Price Battles for $36K As Market Cap Reclaims $1 Trillion (Market Watch)
The crypto market cap reaches $1 trillion again as BTC recovered from its weekend slump, while BNB and LINK paint new records. …
Ripple price prediction: XRP towards $0.30, analyst
TL;DR Breakdown Ripple price prediction expects a rise to the $0.30 mark. Strong resistance currently lies at the $0.282 mark. Strong support currently lies at the $0.272 mark. Ripple secures new partnerships amidst SEC’s lawsuit. Ripple has been in the hold of strong bearish pressures since the beginning of the year and pressures do not […] …
JPMorgan: $100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Above $40,000
JPMorgan analysts state that Bitcoin (BTC) can see a further downside if it fails to make a strong move upwards to $40,000. The analysts said that unless BTC registered a strong “break-out”, it can see consistent profit-booking at this stage. Nikolaos Panigirtzoglou, the lead strategist at JPMorgan said that they are currently keeping a close
The post JPMorgan: $100 Million/Day Must Flow Into Grayscale Bitcoin Trust To Push BTC Above $40,000 appeared first on Coingape. …
Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest
The majority of decentralized finance (DeFi) coins have seen extremely strong rallies since the start of 2021.
The post Curve (CRV) erupts 50% higher in a day amid renewed DeFi interest appeared first on CryptoSlate. …
Ripple legal strategy against SEC lawsuit revealed —Report
TL;DR Breakdown Ripple prepares defense for SEC lawsuit. The pretrial conference of the case is set for February 22. A new report has shown how Ripple is planning to defend the lawsuit filed against it by the Securities and Exchange Commission (SEC) of the United States. Yahoo Finance published the report. According to the lawsuit, […] …
Bitcoin Recovers Its Losses After Early Week Plunge and Manages to Maintain Price above a Crucial Level
Bitcoin has rebounded after a steep plunge experienced earlier this week, which left investors hypothesizing about what lies ahead of the leading crypto asset. (Read More) …
Ethereum Rival NEAR Protocol Rallies 106% As DeFi Gains More Presence
Smart contracts facilitator and blockchain platform NEAR Protocol has gained 106% in the last month. The recent consolidation of the platform has attracted the attention […] …
Galaxy Digital to Consider Proprietary Bitcoin Mining
Mike Novogratz’s Galaxy Digital (GLXY) has revealed that it will start Bitcoin mining services to add to its digital asset management services. The firm’s mining […] …
Bitcoin Price Analysis: BTC Correction Is Not Over Yet, $30K Before $40K?
Another volatile weekend: the Bitcoin price is down by 7% over the past 24 hours after losing critical support at $36,000. Only three days ago, the cryptocurrency pushed over $40K but failed to close above the benchmark level. After failing at $40K, BTC started losing altitude on Friday as it broke beneath a short term […] …
Bitcoin price dip below $34,000
TL;DR Breakdown Bitcoin price dropped below $34k in the last 24 hours. Almost $500 million crypto futures were liquidated. In the last 24 hours, almost $500 million cryptocurrency futures positions were liquidated when the Bitcoin price dropped below $34k. As of last night, the leading crypto asset saw its value increase by close to 7%. […] …
Chainlink price prediction: LINK moves towards $18 support after rejection yesterday
TL;DR Breakdown LINK/USD currently trades around $20 After a rejection yesterday, Chainlink continues moving lower Strong support still around $18 Chainlink price prediction for next week is still bearish as the LINK/USD has exhausted itself. LINK currently trades around $20, with a market cap of $8.1 billion. Cryptocurrency heat map by Coin360 Chainlink Price Prediction: […] …
Why Digital Asset Insurance Will Be Crucial in 2021
Without a doubt, the last year has been one of the best years for cryptocurrency investments. Bitcoin price has climbed from $5,288 in mid-March to […] …
Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal
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 […] …
Mizuho Forecasts $2 Billion In Bitcoin Revenue For PayPal
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 […] …
Today in Crypto: Kraken Delists XRP, BlackRock Sells Major Stake in Chinese Telecom & More
The crypto world saw many ups and downs throughout the past week as Bitcoin price volatility saw a couple of major dips as well as recovery post the infamous Monday market crash of nearly $10k. The top cryptocurrency is currently trying to consolidate its position above $37,000. Other major headlines of the day include, Kraken
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Litecoin price prediction: LTC to $154, analyst
Litecoin price prediction expects a rise to $154. Strong resistance currently lies at the $142 mark. Strong support currently lies at the $138 mark. The Litecoin price prediction by Vince Prince suggests that Litecoin LTC will bounce see a bounce near the $140 range and rise towards the $154 resistance level. On the 17th of […] …
Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days
While Bitcoin (BTC) has been trading currently in downward pressure of around $36,250, institutions and whales have started accumulating once again. The Bitcoin (BTC) price is down by more than 10% over the last week, and Grayscale Bitcoin Trust (GBTC) has entered a buying spree once again. Over the last three days, Grayscale has accumulated
The post Institutions Are Back, Grayscale Bitcoin Trust Purchases Nearly 10,000 Bitcoins (BTC) In Three Days appeared first on Coingape. …
Bitcoin (BTC) Price Prediction: BTC/USD Fails to Reclaim the Psychological Price Level, May Resume Consolidation
Bitcoin (BTC) Price Prediction – January 16, 2021On January 14, BTC/USD retested the psychological price level but failed to break the resistance level. BTC price […] …
Institutional Investors Bought $2.8 Billion in Bitcoin Through Grayscale In Q4 2020
Nearly 60% of the yearly inflows into Grayscale products came during the last quarter and the Bitcoin Trust accumulated the most inflows. …
Michael Novogratz’s Galaxy Digital to Jump Into BTC Mining
The new BTC mining establishment will focus on offering expertise and financial services to crypto miners. It will also launch its own project to mine Bitcoin on a proprietary basis. …
XRP’s Problems Deepens Once More: Kraken Suspends US XRP Trading
XRP just isn’t winning these days, as Kraken now stands as the latest crypto exchange set to suspend trading in XRP tokens. The reasoning given, […] …
Kraken Halts XRP Trading For US Users Following The SEC Charges
The list of cryptocurrency exchanges to halt XRP trading from its services for US citizens continues to grow with the addition of Kraken. …
Kraken Halts XRP Trading For US Users Following The SEC Charges
The list of cryptocurrency exchanges to halt XRP trading from its services for US citizens continues to grow with the addition of Kraken. …
Bloomberg: Imperative for Bitcoin (BTC) to Surge If Ethereum (ETH) Has to Cross $1300
Bitcoin (BTC) and Ethereum (ETH) have slowly covered up the lost ground after their tumultuous price fluctuations on Friday, January 15. Off lately, the world’s two biggest cryptocurrencies have been moving in tandem with each other. Bloomberg analyst Mike McGlone writes that Ethereum (ETH) is currently eyeing levels above $1300 as long as BTC continues
The post Bloomberg: Imperative for Bitcoin (BTC) to Surge If Ethereum (ETH) Has to Cross $1300 appeared first on Coingape. …
Polkadot surpasses XRP to grab the 4th slot
TL; DR Breakdown Polkadot (DOT) is now the 4th largest crypto by market cap XRP could suffer a catastrophic blow if ruled a security The crypto market is shifting again, and this time, the charts are re-arranging as Polkadot moves up by one position. The top 10 largest cryptos (by market cap) have always been […] …
Is Bitcoin price manipulation by whales a real thing?
The Bitcoin paradox presents something of a predicament.
The post Is Bitcoin price manipulation by whales a real thing? appeared first on CryptoSlate. …
On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all
Demand for Bitcoin increased multifold in 2020.
The post On-chain data shows millionaires are flocking to Bitcoin…and there isn’t enough for all appeared first on CryptoSlate. …
These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop
Both Bitcoin and Ethereum have faced sharp declines over the past few hours despite the move to $40,000 on Thursday.
The post These cryptocurrencies are up over 10% today despite Ethereum’s sharp 8% drop appeared first on CryptoSlate. …
Bitcoin is a speculative asset that has conducted some funny business – ECB boss Christine Lagarde
TL;DR Breakdown Head of European Central Bank thinks Bitcoin is encouraging money laundering. Investor Mike Novogratz says banks are the most notorious facilitators of money laundering. As Bitcoin price generates more buzz each day, some top-level people like Christine Lagarde are yet to accept the fact that the top coin is here to stay. Christine, […] …
Russian Lawmaker Estimates Bitcoin Price Drop Amid Race for Record High
Despite Bitcoin’s strong performance, Anatoly Aksakov believes it will soon fall back to Earth. Some crypto stalwarts have also expressed concern over the sustainability of […] …
Millennials are the Backbone of the Crypto Market
The Millennial generation is likely to lead humanity into a phase of fintech as they hasten the adoption of Bitcoin. Researchers have discovered that cryptocurrency is three times more popular among members of the millennial generation than any other generation of Americans. They are increasingly choosing it as a long-term investment option. Millennials Around the […] …