Cryptocurrency News
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Nouriel Roubini believes Biden will crush the cryptosphere
While billionaire Mike Novogratz expects the new White House administration to be Bitcoin-friendly, economist Nouriel Roubini, by contrast, believes Joe Biden will hit the cryptosphere. In his opinion, the new team will be tougher on digital currency than the administration of the still incumbent...
Bitstamp to Suspend XRP Trading for US Customers
Luxembourg-based cryptocurrency exchange platform Bitstamp announced stopping XRP transactions for an indefinite time. The company tweeted, informing users that such a decision was made because of the SEC's lawsuit against Ripple. US customers will not be able to trade and deposit XRP from January...
BTC Price Reaches $25000
After hitting $24,000 about a week ago, now Bitcoin makes another record, surging $25000. Community members celebrated the event. Many Bitcoiners were waiting for the new heights as recent months have been pretty bullish for the cryptocurrency. Bitcoin proved itself to be resilient to...
XRP is up 50%. Did Changes in the SEC Cause This?
On December 24, authorities announced that the US Securities and Exchange Commission has a new chairman. Elad Roisman will replace Jay Clayton. Meanwhile, XRP saw price growth. Are these two events connected? Well, Roisman considered being a possible ally for the crypto industry. The new chairman...
Bitcoin dominance index rises to annual high
The run of the crypto market in November-December 2020 led to a sharp increase in the bitcoin dominance index. This figure rose to the highest level since the end of last year and is close to 70%. The rise in BTC dominance has occurred not only as a result of a rally in the crypto market over the...
PayPal refused to acquire crypto custodian BitGo
PayPal has refused to acquire crypto custody company BitGo. In October, there were reports that PayPal was in talks with BitGo for purchase, but the payment company was considering other options. BitGo, according to CEO Mike Belsh, has "been in talks with everyone for years." The...
TradingView manager bets on staying positive trend in crypto
The rollback of Bitcoin that followed its jump last week will not be able to break the overall positive trend, says Pierce Crosby, manager of the popular TradingView service. Today BTC is trading at $ 23,500 the capitalization of the largest digital currency has decreased over the past day to $...
SEC Submits a Claim Against Ripple
Today, December 23, the US Securities and Exchange Commission (SEC) officially took legal actions against Ripple Labs and its corporate executive Christian Larsen and the present CEO Brad Garlinghouse. The market authority claims that the Silicon Valley-based fintech has earned $1.3 B through...
SkyBridge Capital invested $25 million in bitcoin
Investment firm SkyBridge Capital has confirmed a $ 25 million investment in BTC through its new fund. In an interview with CNBC, SkyBridge Capital founder Anthony Scaramucci revealed that assets have already been moved and the company has launched a full node on the Bitcoin network. Fidelity...
Coinbase will open a branch in Canada
The largest American cryptocurrency exchange Coinbase announced the expansion of its staff in connection with the opening of a branch in Canada. That is stated in the company's blog. At the first stage, the exchange posted 19 vacancies for technical and HR positions. In the future, the list will be...
MicroStrategy Invested in BTC Again: This Time $650 M
On December 21, business analytics firm MicroStrategy informed about a new Bitcoin deal. The platform acquired 29,646 BTC for $ 650 M. Presently, the company holds 70,470 BTC overall. The average cost of one asset would be $ 15,964. Due to this, MicroStrategy became the fifth-largest individual...
Ether reaches the critical support zone
The ether (ETH) rate today dropped to $605, the largest altcoin is facing a bigger drop. The decline in the value of ETH is observed against the background of the correction of bitcoin, which dipped below $ 23,000 earlier this week. Over the past 24 hours, the capitalization of ether has decreased...
Crypto Exchange CoinDCX Surges $13.9 M in Series B
India's most popular cryptocurrency market CoinDCX soared $ 13.9 M in a Series B funding stage headed by Block.one, the creator of the EOS project. Among the participants were Temasek, Jump Capital, Coinbase Ventures, and Bain Capital. In March 2020, CoinDCX reached $3 M in a Series A from ...
Grayscale spoke about increased investor interest in Ether
At the end of last week, the giant Grayscale, which controls digital assets, again reported an increase in capital investments in such instruments. In the third quarter, investor interest in Ether (ETH) skyrocketed. The company's Ethereum trust in the reporting period increased by another $ 220...
DogeCoin Grew by 25% After Elon Musk Tweet
Tesla and SpaceX CEO expressed sympathy for Dogecoin on Twitter and entered into a discussion about Bitcoin with MicroStrategy CEO Michael Sailor. On December 20, the successful businessman wrote on Twitter: "One word: Doge." Following this, Dogecoin quickly soared 25% reaching 0.0047,...
Miller Tabak strategist expects BTC to drop 25-30% in 2021
According to Miller Tabak strategist Matt Maley, in the new year, we will see a significant drop in the value of bitcoin. From the current values, the largest cryptocurrency may fall in price by 25-30%, the expert said on the air of the CNBC channel. However, in the long term, BTC will retain its...
Whales got another 500K BTCs since the beginning of autumn
Over the past several months, large investors have been aggressively buying bitcoins. According to Chainalysis, since September, the so-called "whales" have acquired about 500,000 BTC for a total of more than $ 11.5B. According to the representative of this team, Philip Gradwell, in...
MCM Partners analyst bets on bitcoin spurt to $ 25000
Bitcoin this week reached the highest values in its history. The coin has exceeded $ 23,000. Today, it is trading at $23,015. BTC capitalization on Friday, December 18, is just over $ 420.424 billion. Many observers believe that Bitcoin will not stop there and will soon take on new heights. One of...
Cryptocurrency came to us in 2009 and became a twofold phenomenon. Many think these assets will bring freedom to the traditional financial system: many suppose they can give opportunities to scammers and fraud. But no matter what, everyone understands that crypto has become a serious game-changer in world economics.
Cryptocurrencies are becoming more and more popular day by day. One of the reasons for that is P2P transactions. People can send money to each other without bank mediation, faster and cheaper.
Nowadays, more than 2000 crypto coins are operating on the market. Because of active tradings with high volumes, the crypto market regularly improves. And when some people rely only on technical analysis of the market, others need to know what happens fundamentally. And here is where Blockchain Today can help.
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