Tag: Altcoin News

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XRP Crashes as Coinbase to Suspend Trading In January

The fourth-largest cryptoasset, XRP, crashed to September lows after US-based major exchange Coinbase said it will suspend trading in this coin in January due to a recent regulatory crackdown on XRP-affiliated Ripple. At the time of writing (04:03 UTC), XRP trades at USD 0.2248 and is down by almost 21% in a day and 53%…
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Crypto Market Sentiment Slips; Binance Coin Takes The Medal Again

In the second-to-last week of 2020, the market had another rally and bitcoin (BTC) hit new all-time highs, but the market sentiment dropped. The combined moving 7-day average crypto market sentiment score (sentscore) for the top 10 coins fell from the positive 6 it managed to climb to in the week before to 5.43 –…
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Bitcoin Now Hunts USD 25,000, Altcoins Gain Bullish Momentum

After forming a strong support base above USD 22,700 and USD 23,000, bitcoin started a steady increase. BTC broke the main USD 23,500 and USD 24,000 resistance level to start a fresh rally. It is currently (13:00 UTC) up over 5% and it traded to a new all-time high near USD 24,680. Similarly, most major…
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Binance to Exit South Korea, MoneyGram on Ripple, New SEC Chair + More News

Source: Adobe/Negro Elkha (edited by Cryptonews.com) Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. Exchanges news Binance is to shut down its South Korean operations with almost immediate effect, citing “low usage and volume with limited trading pairs of [its South…
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Bitcoin Remains Resilient, Altcoins Start Consolidation

Bitcoin price recovered and traded above the USD 23,000 level. It is currently (13:00 UTC) trading in a range and it could start a strong increase if there is a close above USD 23,500. Besides, most major altcoins are consolidating losses, including ethereum, XRP, EOS, LINK, BNB, XRP, TRX, bitcoin cash, litecoin, and ADA. ETH/USD…
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Telegram Forced to Monetize – and the American SEC May Be to Blame

The Telegram chat app – the popular communication tool of choice for the crypto community – could be forced to monetize thanks to a regulatory intervention from the American Securities and Exchanges Commission (SEC) that scuppered its tokenization and blockchainization plans. In a frank post on his own channel on the platform Pavel Durov, Telegram’s…
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Polish Crypto Miner Prepares Its Services For South Korean Gamers

Source: Adobe/Pixel-Shot After obtaining a license to operate in Malta, Polish company GamerHash is pursuing its international development plans, aiming to launch its token on one of the leading crypto exchanges in Asia, and establish operations in South Korea. The firm’s expansion to Malta allowed GamerHash to raise around USD 2.8m by selling its gamercoin…
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Bitcoin and Altcoins Swing While XRP Collapses

Bitcoin price spiked below USD 23,000, but it managed to stay above USD 22,500. The price is currently (13:00 UTC) trading above USD 23,500, but it is struggling to gain momentum above the USD 23,880 resistance. Similarly, most major altcoins struggled and saw swing moves, including ethereum, EOS, XLM, LINK, BNB, XRP, TRX, bitcoin cash,…
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Brave Browser Chief Courts Social Media Rage with COVID-19 Comments

Brendan Eich. Source: a video screenshot, Youtube/ Ensaladilla The mastermind of the crypto-friendly Brave Browser, Brave (BAT) CEO Brendan Eich, has waded into a fresh controversy that has ignited social media once again – this time taking aim at the United States’ top epidemiologist. Brave has enjoyed a relatively strong year as crypto has boomed…
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Mining Giant Nornickel Issues First Blockchain-powered Metals Tokens

Russian miner Norilsk Nickel, the world’s biggest palladium and high-grade nickel producer, has begun the first stage of its tokenization drive – partnering with two international exploration and mining firms to issue metal contract-backed, blockchain-powered digital coins. In an official release, Norilsk Nickel, fronted by Russian billionaire Vladimir Potanin,  Read more »Pay, Trade, Buy Bitcoin…
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