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Search Results for: cryptocurrency trading

Ethereum (ETH) Price Started Sharp Decline Towards $310

Key Takeaways: Ethereum (ETH) reached near the $370 resistance and dropped sharply. ETH technical indicators and high trend-line. Ethereum price prediction in 2021. Ethereum (ETH) reached near the $370 resistance and dropped sharply towards $350 showing bearish signs and it might continue to drop down. ETH might be somewhat less

October 4, 2020 3 mins read

Miners Earned $166M ETH Fees, Six Times More Than BTC

Glassnode data shows Ethereum’s total transaction fees recorded their highest-ever earnings in September 2020, stood at an all-time high of $166 million for the month which is more than the $26 million taken in Bitcoin fees. The major factor behind this rise is the growth of the decentralized finance (DeFi)

October 1, 2020 2 mins read

XRP Investors Reveals Strategy to Identify Highly Profitable Crypto

Crypto Bitlord identifies macro trends as part of his strategy to identify highly profitable cryptocurrencies. According to the analyst, Polkadot and Kusama could be projects with great potential. The early XRP investor, Crypto Bitlord, remembered in the 70th edition of Going Parabolic the days before the all-time high of the Bitcoin price and

October 1, 2020 3 mins read

Seoul Police Seized South Korean’s Crypto Exchange Bithumb for Third Time

Bithumb, the largest cryptocurrency exchange in South Korea, was reportedly raided for the third time, by Seoul Metropolitan Police Agency’s Intelligent Crime Investigation Unit. Police reportedly seized a number of shares in Bithumb Holdings. Despite this, the holdings belongs to Bithumb Korea Director Kim Byung-Geon. In contrast, the seizure action

September 16, 2020 2 mins read

Fisco Sued Binance for Illegal Laundering Over $9M

Fisco representatives filed a complaint on Binance in the Northern California District Court for the stolen funds from Zaif seeking the return of over $9 million. In the 2018 hack, Fisco, the Japanese exchange has lost nearly $60 million worth of crypto. This includes some units of Bitcoin (5966), Bitcoin

September 15, 2020 2 mins read

Estonian startup Mercuryo.io raises €2.5M seed funding

Mercuryo.io – a fast-growing Estonian startup that bills itself as a European leader in cryptocurrency payment processing solutions closed a €2.5M seed funding led by Target Global, a major international VC fund with €800M+ under management. Mercuryo.io is a cross-border payments network that enables businesses across the world to send and

September 15, 2020 3 mins read

High Bitcoin Inflows on Exchanges Despite Price Drop

Bitcoins inflows are high on exchanges, with the motive of selling it but the users are not booking orders despite the BTC price drop.  According to Chainalysis data, there was a 26.36 BTC change in Bitcoin held on exchanges which is positive and above the 180-day average. This indicates that

September 14, 2020 2 mins read

Filecoin Space Race Hits 200 PiB and Enters Second Phase

Filecoin started to invite all miners around the world to participate in the second phase of its Space Race contest which helps in preparing its mainnet.  Based on the feedback from the first phase of the Space Race contest, Filecoin has decided to create the Space Race 2 (SR2) contest.

September 13, 2020 1 min read

Huobi to sell world’s most popular IoT crypto miner MXC M2 Pro

September 11, 2020 – Today, Huobi Global made a strategic move into the crypto mining business, securing a lucrative hardware deal with the MXC Foundation #MXC to sell the highly sought after M2 Pro Miner. Prior to launch, the MXC Foundation was flooded with orders for their M2 Pro. The miner boasts high-returns, low-power energy consumption,

September 13, 2020 4 mins read

Binance Uganda Delists the Exchange’s Own BNB token

Crypto exchange Binance Uganda announced that it will delist its native token Binance Coin (BNB) for not meeting the trading standards.  Binance Uganda, an East African crypto exchange that provides the most powerful fiat-to-crypto trading platform. Meanwhile, BNB is presently the 8th largest cryptocurrency with a total market capitalization of

September 9, 2020 1 min read