Month: February 2021
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News

Asia’s Richest Man Mukesh Ambani Asked Ransom in Crypto After Bomb Threat

Earlier this week, an explosives-filled SUV was parked outside ‘Antila’, the house of Asia’s richest man Mukesh Ambani living in Mumbai, India. As the investigation proceeds, Jaish-ul-Hind has claimed responsibility for this bomb threat and has demanded a ransom in crypto citing future threats if Ambani fails to pay them. From a written draft written

Earlier this week, an explosives-filled SUV was parked outside ‘Antila’, the house of Asia’s richest man Mukesh Ambani living in Mumbai, India. As the investigation proceeds, Jaish-ul-Hind has claimed responsibility for this bomb threat and has demanded a ransom in crypto citing future threats if Ambani fails to pay them. From a written draft written

ethereum Weekly Price analysis
Altcoin News
ethereum Weekly Price analysis
Altcoin News

Ethereum Price Analysis: ETH Fails To Hold Support of $1550 As Crypto Market Struggles to Revive

ETH retraces -33% from highs of $2040 ETH fails to hold support of $1550 Price is currently holding 3 month trend Ethereum , the second largest cryptocurrency has experienced a -30% decline off ATH of $2040 that was set on February 20th. The sentiment was very bullish and then quickly turned bearish as ETH shattered

ETH retraces -33% from highs of $2040 ETH fails to hold support of $1550 Price is currently holding 3 month trend Ethereum , the second largest cryptocurrency has experienced a -30% decline off ATH of $2040 that was set on February 20th. The sentiment was very bullish and then quickly turned bearish as ETH shattered

Bitcoin News
Bitcoin News

Singapore’s Diginex to Offer USD Loans With Bitcoin As Collateral, Asian Market Stays Hot

Bitcoin (BTC) has had a phenomenal ride over the last year since March 2020 surging 10x until now. Also, it has been a great start to the year 2021, as despite the recent correction, BTC is still 51% up year-to-date. Also, the Bitcoin/Equity correlation has been on the rise over the last year. As it

Bitcoin (BTC) has had a phenomenal ride over the last year since March 2020 surging 10x until now. Also, it has been a great start to the year 2021, as despite the recent correction, BTC is still 51% up year-to-date. Also, the Bitcoin/Equity correlation has been on the rise over the last year. As it

Altcoin News
Altcoin News

Bitcoin (BTC) Testing $44K Support, Ethereum (ETH) Below $1400, On-Chain Metrics Improve

The overall cryptocurrency market continues to stay under pressure and has lost $400 billion over the last week slipping below $1.4 trillion. Slipping another 6% today, Bitcoin (BTC) is down 20% on the weekly charts and testing up crucial support levels at $44K. At press time, BTC is trading at $44,692 with a market cap

The overall cryptocurrency market continues to stay under pressure and has lost $400 billion over the last week slipping below $1.4 trillion. Slipping another 6% today, Bitcoin (BTC) is down 20% on the weekly charts and testing up crucial support levels at $44K. At press time, BTC is trading at $44,692 with a market cap

robinhood
Altcoin News
robinhood
Altcoin News

Breaking: Robinhood Faces 46 Lawsuits Over GameStop Stock Blockage

Robinhood, a brokerage firm that offers trading services for traditional stocks as well as the crypto asset is currently facing nearly 46 lawsuits for blocking trades of Gamestop (GME) stocks at their price peak.  The firm in a regulatory filing on Friday revealed that it is facing at least “46 putative class actions and three

Robinhood, a brokerage firm that offers trading services for traditional stocks as well as the crypto asset is currently facing nearly 46 lawsuits for blocking trades of Gamestop (GME) stocks at their price peak.  The firm in a regulatory filing on Friday revealed that it is facing at least “46 putative class actions and three

Altcoin News
Altcoin News

ETH 2.0 Reach Major Milestone; 100,000 Validators + 3 Million in Staked ETH

ETH 2.0, the new Proof of Stake network reached a major milestone today as the total number of validators on the platform crossed 100,000 with more than $3 million worth of ETH already staked. The upgraded Ethereum network launched the first phase of ETH 2.0 called Beacon Chain in December last year to start the

ETH 2.0, the new Proof of Stake network reached a major milestone today as the total number of validators on the platform crossed 100,000 with more than $3 million worth of ETH already staked. The upgraded Ethereum network launched the first phase of ETH 2.0 called Beacon Chain in December last year to start the

US Senate
Bitcoin News
US Senate
Bitcoin News

Just-In: Biden Administration Passes $1.9 Trillion Stimulus Package

The Biden Administration passed the much-awaited $1.9 trillion Stimulus relief bill that the President had promised after taking the office. The House passed the stimulus bill with a 219-212 vote and it has been forwarded to the Senate for approval. The House just passed President Biden's $1.9 trillion pandemic aid package. Two Democrats voted against

The Biden Administration passed the much-awaited $1.9 trillion Stimulus relief bill that the President had promised after taking the office. The House passed the stimulus bill with a 219-212 vote and it has been forwarded to the Senate for approval. The House just passed President Biden's $1.9 trillion pandemic aid package. Two Democrats voted against

Bitcoin News
Bitcoin News

Institutional Demand for Bitcoin (BTC) Continues, Gradual Recovery Expected

Late Thursday, February 26, the Bitcoin (BTC) price crashed for the second time in a week tanking below $46K levels in a market-wide sell-off. As CoinGape reported, the BTC price crash came as investors resolved to profit-booking in risky-assets after the surge in the U.S. bond yields. However, it seems that the institutional demand for

Late Thursday, February 26, the Bitcoin (BTC) price crashed for the second time in a week tanking below $46K levels in a market-wide sell-off. As CoinGape reported, the BTC price crash came as investors resolved to profit-booking in risky-assets after the surge in the U.S. bond yields. However, it seems that the institutional demand for

Cardano-ADA-Goguen-Charles-Hoskinson
Altcoin News
Cardano-ADA-Goguen-Charles-Hoskinson
Altcoin News

Dubai Crypto Funds Backing Helps Cardano (ADA) Unsettle Binance Coin (BNB) As The Third Largest Crypto

Smart contracts-based blockchain platform Cardano is currently undergoing massive value unlocking as its native cryptocurrency ADA unsettles Binance Coin (BNB) to become the third-largest cryptocurrency by market cap. at press time, Cardano’s price is up 23% hitting its new all-time high of $1.33 with its market cap shooting past $41 billion. It’s been a wild

Smart contracts-based blockchain platform Cardano is currently undergoing massive value unlocking as its native cryptocurrency ADA unsettles Binance Coin (BNB) to become the third-largest cryptocurrency by market cap. at press time, Cardano’s price is up 23% hitting its new all-time high of $1.33 with its market cap shooting past $41 billion. It’s been a wild

kraken
Blockchain News
kraken
Blockchain News

Kraken Following Coinbase’s Footsteps, Planning to Raise Funds With a Valuation of $10B

Kraken Digital Exchange, one of the oldest crypto exchanges founded in 2011 is in talks with Fidelity, Tribe Capital, and General Atlantic as lead investors in a new funding round with a target valuation that could go upwards of $10 billion as per a Reuters report. The news comes right after Coinbase SEC’s S-filing for

Kraken Digital Exchange, one of the oldest crypto exchanges founded in 2011 is in talks with Fidelity, Tribe Capital, and General Atlantic as lead investors in a new funding round with a target valuation that could go upwards of $10 billion as per a Reuters report. The news comes right after Coinbase SEC’s S-filing for

Press Release
Press Release

FreeBitco.in Takes Charge of FUN Token Expansion Through Majority Acquisition

Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces. FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The

Through a series of ventures, FreeBitco.in seeks to promote the mass adoption and utilization of FUN Token in the iGaming and Gaming spaces. FreeBitco.in, one of the biggest Bitcoin iGaming websites in the world, has acquired the majority of FunFair’s remaining cold storage of FUN tokens, the native cryptocurrency of the FunFair gaming ecosystem. The

Bitcoin News
Bitcoin News

Eric Ma: “Bitcoin Ultimatum Will Change The Way We See Blockchain”

As BTCU Bitcoin Ultimatum’s Mainnet goes live, we speak with CEO Eric Ma to find out more about the project and what’s next in this truly next-gen blockchain. Building a new blockchain is a huge undertaking. It requires a capable team of experts, leadership, real-value proposition and a strategic roadmap which needs to be detailed,

As BTCU Bitcoin Ultimatum’s Mainnet goes live, we speak with CEO Eric Ma to find out more about the project and what’s next in this truly next-gen blockchain. Building a new blockchain is a huge undertaking. It requires a capable team of experts, leadership, real-value proposition and a strategic roadmap which needs to be detailed,

Bitcoin News
Bitcoin News

Mastercard Vice-Chair Says Bitcoin Too Volatile to be a Part of its Crypto Payment Plans

Mastercard vice-chair Ann Cairns in a recent conference said Bitcoin is too volatile for its upcoming crypto payment services that the company announced earlier this month. Cairns believes Bitcoin in its current form is too volatile and slow to be a form of payment. She said, “Bitcoin doesn’t behave like a payment instrument, It’s too

Mastercard vice-chair Ann Cairns in a recent conference said Bitcoin is too volatile for its upcoming crypto payment services that the company announced earlier this month. Cairns believes Bitcoin in its current form is too volatile and slow to be a form of payment. She said, “Bitcoin doesn’t behave like a payment instrument, It’s too

Bitcoin etf
Bitcoin News
Bitcoin etf
Bitcoin News

First Bitcoin ETF From Purpose Accumulate 10K BTC Worth $500 Million

The first North American ETF launched by Purpose Group reached another milestone within a week of its public launch as it accumulated over 10,000 Bitcoin from the market until now. The total AUM of the ETF reached over $500 million before a sharp Bitcoin price correction. Purpose ETF was launched on February 18 with a

The first North American ETF launched by Purpose Group reached another milestone within a week of its public launch as it accumulated over 10,000 Bitcoin from the market until now. The total AUM of the ETF reached over $500 million before a sharp Bitcoin price correction. Purpose ETF was launched on February 18 with a

bitcoin
Bitcoin News
bitcoin
Bitcoin News

JPMorgan Defies Charlie Munger’s “Avoid Bitcoin” Advice, Suggests 1% Portfolio Exposure to BTC

JPMorgan has recently defied legendary investor Charlie Munger’s advice of “avoiding Bitcoin”. The Wall Street banking giant recently stated that investors should have 1% of their portfolio exposure to Bitcoin (BTC). The banking giant’s comments on the backdrop of its suggestion for portfolio diversification. JPMorgan says investors could make #Bitcoin and other cryptocurrencies as much

JPMorgan has recently defied legendary investor Charlie Munger’s advice of “avoiding Bitcoin”. The Wall Street banking giant recently stated that investors should have 1% of their portfolio exposure to Bitcoin (BTC). The banking giant’s comments on the backdrop of its suggestion for portfolio diversification. JPMorgan says investors could make #Bitcoin and other cryptocurrencies as much

Bitcoin News
Bitcoin News

Despite Bitcoin (BTC) Correction Exchange Outflows Continue, Will BTC Dip Further?

Once again, the cryptocurrency market is in a deep-red situation. Bitcoin (BTC) has tanked over 8% today moving to $46,000 following a strong global market correction in a risk asset sell-off. In a week’s time, Bitcoin price has plunged over 20% from its all-time high of $58,300 with bears dominating. However, the on-chain activity shows

Once again, the cryptocurrency market is in a deep-red situation. Bitcoin (BTC) has tanked over 8% today moving to $46,000 following a strong global market correction in a risk asset sell-off. In a week’s time, Bitcoin price has plunged over 20% from its all-time high of $58,300 with bears dominating. However, the on-chain activity shows

Bitcoin News
Bitcoin News

Bitcoin (BTC) Tanks 7% Following Dow Jones Plunge In A Risk-Asset Sell-off, GBTC Premium Vanishes

On Thursday, February 25, the U.S. markets plunged with Dow Jones (INDEXDJX: .DJI) tanking over 500 points in a single day. The surge in the U.S. bond yield to 1.6% has created havoc in the global markets along with the fears of inflation forcing traders to reevaluate their position across different asset classes.  The ripple effect

On Thursday, February 25, the U.S. markets plunged with Dow Jones (INDEXDJX: .DJI) tanking over 500 points in a single day. The surge in the U.S. bond yield to 1.6% has created havoc in the global markets along with the fears of inflation forcing traders to reevaluate their position across different asset classes.  The ripple effect

ETC-WETC-DAI-DeFi
Altcoin News
ETC-WETC-DAI-DeFi
Altcoin News

Ethereum Price Forecast: ETH eyes massive recovery to $1,800 if this key technical pattern confirms

Ethereum rejection at $1,700 leads to losses under $1,500. A double-bottom pattern brings hints at a potential recovery toward $1,800. If support at $1,400 fails to hold, Ether could drop to $1,200. Ethereum could not continue with the upswing following the breakdown to $1,400 due to the selling pressure at $1,700. The bulls abandoned the

Ethereum rejection at $1,700 leads to losses under $1,500. A double-bottom pattern brings hints at a potential recovery toward $1,800. If support at $1,400 fails to hold, Ether could drop to $1,200. Ethereum could not continue with the upswing following the breakdown to $1,400 due to the selling pressure at $1,700. The bulls abandoned the

Bitcoin News
Bitcoin News

Bitcoin Price Prediction: BTC bearish technical pattern hint at a massive 23% breakdown

Bitcoin risks dropping to $35,000 on account of a bear flag pattern. The RSI’s negative divergence adds weight to the bearish narrative. Bitcoin will abandon the breakdown if the flag pattern fails to confirm and transforms into a channel. Bitcoin price has engaged reverse gears after the bulls’ inability to sustain the price above $50,000.

Bitcoin risks dropping to $35,000 on account of a bear flag pattern. The RSI’s negative divergence adds weight to the bearish narrative. Bitcoin will abandon the breakdown if the flag pattern fails to confirm and transforms into a channel. Bitcoin price has engaged reverse gears after the bulls’ inability to sustain the price above $50,000.

Altcoin News
Altcoin News

Galaxy Digital Along With CI Global Asset Mgt. Files For World’s First Ether ETF

Galaxy Digital, the crypto investment management firm along with CI Global Asset Management has filed a preliminary prospectus for the world’s first Ether ETF called CI Galaxy Ethereum ETF. The prospectus filing was done with the securities commissions or similar authorities in each of the provinces and territories of Canada. Kurt MacAlpine, Chief Executive Officer

Galaxy Digital, the crypto investment management firm along with CI Global Asset Management has filed a preliminary prospectus for the world’s first Ether ETF called CI Galaxy Ethereum ETF. The prospectus filing was done with the securities commissions or similar authorities in each of the provinces and territories of Canada. Kurt MacAlpine, Chief Executive Officer