Tag: Altcoin News

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Bitcoin and Altcoins Consolidating Losses, Upsides Could Be Capped

Yesterday, we saw a strong increase in bitcoin price above the USD 9,950 and USD 10,000 resistance levels. BTC even climbed above the USD 10,200 level, but it struggled to continue above USD 10,400. Also yesterday, there was a sharp decline below USD 10,000 and the price tested the USD 9,300 region. Similarly, there was…
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‘Post-dollar World’ May Be Run by Digital Yuan – Analysts

International experts are warning that China’s forthcoming digital yuan might be gunning not only for the United States dollar, but also for bitcoin (BTC)’s market share – while slumping dollar prices have prompted some to ask if BTC currently presents a better investment opportunity than the greenback. In a Bloomberg report published on June 1,…
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America’s Most Wanted: USD 5m Bounty Offered for Venezuela Crypto Boss

America has slapped a USD 5 million bounty on the head of Joselit Ramírez Camacho, Venezuela’s head of cryptocurrency – accusing him of “having deep political, social and economic ties to multiple alleged narcotics kingpins.” In an official release, the American Immigration and Customs Enforcement’s (ICE) Homeland Security Investigations New York unit said that Ramirez…
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Western Union Aims to Acquire Ripple’s Partner MoneyGram – Report

Payments giant Western Union is reportedly interested in purchasing major money transfer company MoneyGram, co-owned by American blockchain company focusing on payments technologies Ripple. Western Union aims to acquire MoneyGram, thus joining two of the largest US providers of money-transfer services, and has already made a takeover offer, Bloomberg reported, citing an  Read more »Pay,…
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Bitcoin Settles Above USD 10,000, Altcoins Could Extend Rally

In the past two days, there was a steady rise in bitcoin price above the USD 9,500 resistance. The recent surge was such that BTC was able to clear the main USD 9,950 and USD 10,000 resistance levels. It tested the USD 10,350 resistance zone and currently (08:40 UTC) consolidating above USD 10,000. Similarly, there…
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Crypto Listing and Delisting Announcements: Week 22

Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by cryptocurrency exchanges that we found last week and today. Have we missed something? Do you have information about new listings and/or delistings? Let us know here. _________________________________________ Bibox Listings: HEX (HEX) eMusic (EMU) Binance Listings:  Read more »Pay, Trade, Buy…
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Venezuelans Now Can Pay for Petrol in Fiat or (State-issued) Crypto

The Venezuelan government has announced that drivers can now fill their gas tanks with fuel – and pay using foreign currencies or the state-issued cryptoasset the petro (PTR). Caracas made its announcement over the weekend, and the measure became effective as of June 1, per a tweet from state-owned television station VTV Canal 8, The…
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Crypto Market Sentiment Takes a Step Up; Bitcoin and Ether Remain Positive

Crypto market sentiment has taken another step upwards. Following the last week’s small rise to 5.13/10, the combined moving 7-day average market sentiment score (sentscore) for the top 10 coins has increased to 5.33 over the course of last seven days, as shown by crypto market sentiment analysis tool Omenics. Both Bitcoin (BTC) and Ethereum…
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Japanese Crypto Exchange SBI VC Trade Offers New Customers Free XRP

Japan’s newest crypto players are getting increasingly aggressive in their marketing efforts – with financial giant SBI now offering all new crypto customers handouts of the XRP token. SBI operates the SBI VC Trade crypto exchange, and per an official tweet, anybody opening an account between June 1 and September 30 will receive XRP 50…
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Washington Warned: Launch Digital Fiat or Say Goodbye to USD Dominance

Source: Adobe/salomonus_ A group pushing for the United States to adopt a digital dollar has warned that failure to launch a central bank digital currency (CBDC) could cost the country dear – and could see the USD lose its status as the world’s reserve currency. In its first white paper, the Digital Dollar Project wrote,…
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