Category: Cryptocurrency News
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For the day ahead Litecoin would need to avoid a fall through the $148.20 pivot level and the 23.6% FIB of $148 to support a run at the first major resistance level at $157.87. Support from the broader market would be needed, however, for Litecoin to break out from $155 levels. Barring an extended crypto rally, the first major resistance level would likely cap any upside. In the...
Court documents show that the company, Tetragon Financial Group, has filed a lawsuit against Ripple after the firm was charged by the U.S. Securities and Exchange Commission. The court filing indicates that Tetragon and Ripple allegedly made an agreement, and the SEC case deeming XRP as an unregistered security should allow them to get funds back. Moreover, weeks after the SEC charges, former Ripple executive Jed McCaleb sold...
PRESS RELEASE. As of today, YfDFI Finance is launching not one, not two, not three but four farming pools, locking up a huge chunk of its circulating supply. The team could not have achieved this without the continuous support from the community. Starting off 2021 the right way! “Our team has been working tirelessly throughout the holidays to live up to the community’s expectations. Internally, our mantra the...
Bitcoin may be the original cryptocurrency, but that doesn’t mean leading decentralized finance (DeFi) projects aren’t feeling self-confident enough to distinguish themselves from Satoshi’s vision.“Let’s not be Bitcoin. This idea of hard caps for start-ups is very romantic but not necessarily the best execution path for maximal value,” a participant in Yearn’s governance forums, yfi_lit, wrote on Jan. 13.Yfi_lit wrote this in defense of his now-modest proposal to...
RIYADH: Bankers and economists have warned of the “significant risks” in Bitcoin trading, despite the digital currency’s recent headline-grabbing valuations.Introduced in 2008, Bitcoin surged to a record high on Jan. 8 of $41,530, before retreating to $35,529 on Jan. 20.Fadhel Al-Buainain, a former Saudi banker, told Arab News that Bitcoin is a first-class speculation tool without any support from cash reserves or economic superpowers, in contrast to the...
What happened Shares of Riot Blockchain (NASDAQ:RIOT) came crashing down on Wednesday, even though there was a lack of company-specific news to report. As of 12:30 p.m. EST, the stock was down 11%. The price of bitcoin is likely having some influence on the stock today. Furthermore, investors could be digesting news recently released from the company, even though it wasn't released today. So what According to CoinDesk,...
Cryptocurrency has been around since 2009, with the debut of the first cryptocurrency, bitcoin. Since then, thousands of cryptocurrencies have become available, and investing has become more mainstream — as have jobs in crypto. Insider examined about 300 job postings for crypto jobs and found that you can earn anywhere from $60,000 to $400,000 in the field. Visit Business Insider's homepage for more stories. Much like the currencies...
There is so much we do not know about the long-term economic impact of the pandemic. But one common theme for Britain, and for newly-installed President Joe Biden and his team in the US, is that the tolerance of fiscal promiscuity and monetary looseness has changed dramatically.As the Biden team pushes hard for his first major intervention – an extra £1.4trillion of Covid-19 help for households, business and vaccinations...
[Not for distribution to United States newswire services or for dissemination in the United States]TORONTO, Jan. 20, 2021 (GLOBE NEWSWIRE) — Ninepoint Partners LP (“Ninepoint”) is pleased to announce that Bitcoin Trust (the “Fund”) has filed a final prospectus in connection with its offering (the “Offering”) of Class A Units (“Class A Units”), Class F Units (“Class F Units”) and/or Class S Units (“Class S Units” and, together...
ToplineInvestment giant BlackRock filed documents with the Securities and Exchange Commission showing that it wants to include cash-settled Bitcoin futures as eligible investments for two of its funds—the latest instance of a major financial institution dipping a toe into cryptocurrencies. Getty Images Key Facts Two new filings, for the BlackRock Global Allocation Fund and the BlackRock Strategic Income Opportunities Portfolio, state that “certain funds may engage in futures...
The number of tether transactions on the Tron blockchain have passed Ethereum’s count for three consecutive weeks as fees on the number two blockchain remain high. Total weekly tether transactions on Ethereum have held steady at around 1.5 million for the past four weeks. But on Tron, transactions per week have grown from roughly 900,000 in mid December to nearly 2 million the second week in January, per Coin...
Bitcoin is recovering from a steady price decline while ether options traders anticipate another high-water mark after it hit an all-time high of $1,439.Bitcoin (BTC) trading around $35,023 as of 21:00 UTC (4 p.m. ET). Slipping 4.1% over the previous 24 hours.Bitcoin’s 24-hour range: $33,430-$36,794 (CoinDesk 20)BTC above the 10-hour but way below the 50-hour moving averages on the hourly chart, a sideways signal for market technicians.Bitcoin trading...
