Ethereum had its major price breakout a week ago. The cryptocurrency went past the $300 resistance level, above its price to beat $250. ETH/USD currently trades at $320, securing its spot as one of the strongest crypto pairs in the market. The $365 high in 2019 is bright for the resurging ether. The US/ETH duo …
Ethereum Breaks Resistance but Gas Fee Remains High Read More »
Litecoin moves in an ascending triangle since its recorded low in March, drawing swing highs and lows. Today, the digital silver finally broke the resistance level after Bitcoin hit the $10,000 price mark. LTC currently trades at $53.46, recording a 10.33% increase for the day and a trading range from $47 to $53. This drives …
As when we thought that the importance of Bitcoin rests solely on not paying for transaction costs, another of its dark usage arises. The decentralized platform is made accomplice in another underground activity. The clean escape worth $500,000 funded via BTC, ex-Nissan’s chairman Carlos Ghosn fled Japan, leaving no breadcrumb trail. BTC pledges to the …
$500K of Bitcoin Used for Ghosn’s Unprecedented Escape Read More »
Ethereum price jumped 17% during the week, following two months of drought and stagnation. Ether (ETH) soared to $280 today, and a rally to $300 is bright, investors say. The December 25 expiry also climbed to the $720 threshold. The surge is due to the rise of decentralized finance apps shortly termed as DeFi in …
Smart Contract Giant, Ethereum, is Up from the Red Read More »
Only days after the PayPal confirmation, UK-based financial operator Mastercard runs past its competitor. The company is about to become the first cryptocurrency platform that issues direct payment cards to users. Mastercard is now on its way to a broader initiative in the crypto industry. It recognizes the on-going maturity of the asset class, thereby …
Cryptocurrency Platform Wirex Partners with Mastercard Read More »
The second-largest blockchain network is itching to update. As Ethereum 2.0 nears its due date, the crypto market is basking in its pre-market glory. In fact, clients with non-crypto wallets have staked more Ether (ETH) than those with crypto wallets. About 77% or 6.8 million ETH staked belongs to those who don’t have cryptocurrencies in …
Ethereum Nears Upgrade, But It’s Too Early to Transition Read More »
International digital payments company PayPal sent a letter to the European Commission early this week. The letter confirmed the market’s speculation: the platform is looking into getting into the cryptocurrency space. PayPal is reportedly urging for the EC to establish rules and definitions for companies entering the market. The letter also said that it had …
PayPal Confirms Its Preparation for Cryptocurrencies Read More »
A man in Houston was taken into custody after allegedly using about $1.1 million in government loans to buy cryptocurrency. He had taken money from the Paycheck Protection Program, possibly using the loan for paying personal expenses. The Unites States Department of Justice announced the alleged fraud on Tuesday in a criminal complaint sent on …
Fraud Uses $1.1 Million in COVID-19 Funds for Cryptocurrency Read More »
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