One week after Justin Sun’s hostile takeover of Steem, Huobi launched trading for the community hard fork Sun sought to suppress. The price of Hive (HIVE), a hard-fork of Steem (STEEM), has skyrocketed following its listing on Huobi. The listing comes one month after Huobi and Binance mobilized customer funds to vote against the Steem […]
Continue ReadingSeveral altcoins are likely to rally if Bitcoin can resume its up move this week. The most talked-about event last week was the West Texas Intermediate crude futures for May delivery, which plunged to negative $37.63 per barrel on April 20. That was followed by a sharp rebound, which helped crude oil recover to $17.31 […]
Continue ReadingSwitzerland’s “crypto valley” is in talks with the federal government for setting up a 100 million Swiss franc ($102.7 million) fund for helping the fintech companies. Switzerland’s “crypto valley”, a fintech friendly region near Zurich, is seeking a 100 million Swiss franc ($102.7 million) fund from the federal government. This fund is allocated to bail […]
Continue ReadingThe SEC and Kik have opposed each other’s motions for summary judgment in the ongoing battle over Kik’s $100 million ICO in 2017. The U.S. Securities and Exchange Commission, or SEC, and Kik Interactive have both filed oppositions to each other’s motions for summary judgment on April 24. While Kik claims its offerings were exempt […]
Continue Reading‘Crypto Rush’ documentary aims to explain cryptocurrency to the masses, highlight women in the industry, and act as a travelogue, but ultimately ends up achieving none of these goals. In April 2017, Liliana Partenava invested around $2,000 in some friends’ Ether mining venture. Having no previous knowledge of cryptocurrency, she then wanted to learn more […]
Continue ReadingBitcoin price is looking like it’s on the verge of a breakout according to several indicators on multiple timeframes as the MACD is about to cross bullish. Bitcoin (BTC) price continues to grow week in and week out, as another 9% has been added to its value since last Sunday. However, with the block reward […]
Continue ReadingSupply chain tracking blockchain platform VeChain appears to have launched a new partnership with fashion brand H&M. Cos, the luxury subsidiary of the fast-fashion brand H&M, appears to have partnered with blockchain platform, VeChain, to provide detailed supply chain tracing data to customers. While H&M is yet to confirm the partnership, VeChain’s main investor is […]
Continue ReadingRipple’s user support is in decline and its price continues to drop as experts share the possible reasons behind the negativity. Ripple has long occupied a controversial position in the cryptocurrency industry. The ascension of Ripple’s in-house token, XRP, to the position of the second-largest cryptocurrency by market cap was enough validation for some that […]
Continue ReadingFollowing a rebound from $6,800 to $7,600, another leg up for Bitcoin price to $8,000 is imminent due to two crucial factors. The Bitcoin (BTC) price has seen a strong rebound from $6,800 to $7,600 within a four-day span, recording a 12% increase. Two technical factors are likely to push BTC to $8,000 in the […]
Continue ReadingThe U.S. Justice Department has seized coronaprevention.org — a domain being advertised to criminals by a suspected money launderer. The United States Attorney’s Office has seized a fraudulent COVID-19 domain name after its owner attempted to sell it in exchange for Bitcoin (BTC). The action follows Attorney General William Barr’s request that the department prioritize […]
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