Tag: bitcoin

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Bitcoin Corrects Lower While Altcoins Rise

After forming a short term top below the USD 9,650 resistance, bitcoin price started a downside correction. BTC/USD broke the USD 9,350 and USD 9,250 support levels. It even spiked below USD 9,200 and currently (09:00 UTC) consolidating above USD 9,200. On the other hand, there was a decent increase in most major altcoins, including…
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North Korea ‘Used LinkedIn, Telegram’ in USD 7m Crypto Exchange Hack

A report claims that the infamous North Korean hacking group Lazarus used LinkedIn and Telegram messages as part of a raid that saw it make off with some USD 7 million from Singapore-based exchange DragonEx in March 2019. Per Radio Free Asia, which quoted data from the Chainalysis 2020 Crypto Crime Report, Lazarus hackers created…
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Traders Eyeing Next Key Support Zone if Bitcoin Price Goes Below $9K

All eyes are on Tesla stock price today as Bitcoin pulled back under $9,200 and appears to be entering a brief period of consolidation. Bitcoin’s price (BTC) action has been relatively uneventful, especially when compared against the explosive price action of last week when the digital asset stomped through the $9K barrier and rallied all…
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IOTA Focuses on Immediate Adoption with Chrysalis Upgrade

IOTA announced Chrysalis, an intermediate upgrade before the Coordicide that will add important features such as reusable addresses and IOTA-based tokens. The IOTA project unveiled on Feb. 3 a series of upgrades dubbed Chrysalis, an intermediate stage between now and the removal of the Coordinator. The upgrade introduces several important features, some of which change…
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Tesla Stock Now Looks Exactly Like Bitcoin at $20K in 2017

Despite outperforming Bitcoin in January, $TSLA may be in line for a fall similar to what BTC/USD saw in late 2017. Bitcoin (BTC) hit all-time highs of $20,000 in December 2017 before retracing — but another stock is now echoing its journey to an almost identical degree. Data from markets collated by crypto venture capitalist…
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Study: Smart Contracts Limit Data Availability, But Improve Its Quality

The latest analysis by research firm Gartner has painted a mixed picture of the benefits that blockchain-based smart contracts can offer enterprises. The latest analysis by research firm Gartner has painted a mixed picture of the benefits that blockchain-based smart contracts can offer enterprises. While the study, published Jan. 30, concluded that smart contracts would…
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Crypto Companies Adopt Features Similar to Banks (Only Better) to Drive Growth

Cryptocurrency companies adopt features similar to legacy finance, offering better benefits to users. But will this help in the end? Cryptocurrency exchange Deribit recently published an analysis explaining that cryptocurrency companies are racing to adopt financial services known from legacy finance.  The post points out that all crypto companies, exchanges included, will soon offer users…
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Consensys Cuts Additional 14% of Staff, Aims to Split

Blockchain software company Consensys drops 14% more of its staff during a directional split. Blockchain software company Consensys let go of an additional chunk of its staff while splitting its focus in two separate directions.  Consensys cut its employee base down by roughly 14%, the company announced on Feb. 4 in a press release.   Headquartered…
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Salesforce and Samsung Add to Earlier $35M Investment in Digital Asset

Venture arms for Samsung and Salesforce invest in a second Series C funding round for blockchain startup Digital Asset. Venture arms for Salesforce and Samsung participated in a second Series C funding event for a startup called Digital Asset.  After gathering $35 million in its first Series C raise that ended in December 2019, Digital…
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Virtual Currency International (VCI) Vladimir Galabov on All Things

Disclaimer: The text below is a sponsored article that was not written by Cryptonews.com journalists. _________ Unless you’ve been living under a rock, then you’re probably familiar with affiliate marketing and how it works. It’s particularly popular in the world of digital marketing and there’s no shortage of affiliate marketing program options to join. But,…
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