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BNB Drops As Binance Burns Almost USD 600M Worth of Coins
16.4.2021
Source: a screenshot, Instagram/binance
Binance coin (BNB) is the worst-performing major cryptoasset today as Binance said it has completed its 15th quarterly BNB token burn, destroying BNB 1,099,888 (USD 5.8bn).
At 09:19 UTC, BNB trades at USD 523 and is down by 4% in an hour and a day, trimming...
Dogecoin Flips XRP, Ethereum, and Bitcoin (On Google)
16.4.2021
The world's most famous meme coin, dogecoin (DOGE), moved pass the biggest coins in the world on Google Trends, and flipped two major altcoins to move deeper into the top 10 list.
The search interest in doge has flipped that of four biggest coins in the world by market capitalization: bitcoin...
Bitcoin, Ethereum and Altcoins Correct Gains, Dips Remain Limited
15.4.2021
Bitcoin price corrected 3% from the new all-time high and declined below USD 63,000. BTC is currently (12:30 PM UTC) showing short-term bearish signs, but dips could be limited below USD 61,000 and USD 60,000. To start a fresh increase, the price must clear USD 63,800.
Similarly, most major...
Over USD 620M XRP Positions Liquidated While Ripple CTO Educates Investors
15.4.2021
David Schwartz. Source: A video screenshot, Youtube/UNCHAIN Convention
Over the past two days, more than USD 620m worth of XRP traders' overleveraged positions were liquidated, as XRP fans became too optimistic about the recent rally, while David Schwartz, Chief Technology Officer of Ripple...
Dogecoin At The Top 10 Gate as Cuban, Musk Stoke Social Media Flames
15.4.2021
Source: Adobe/epic_images
Dogecoin (DOGE) is on the march again – and some familiar faces have taken to (where else?) Twitter to potentially provide more fuel as the meme-themed coin builds up a head of steam.
The token has broken back into the top 10 cryptoassets by market capitalization today...
Dogecoin Leads Market While Bitcoin, Ethereum Keep Their Uptrend
14.4.2021
Bitcoin price remained in a bullish zone above the USD 62,000 level. BTC climbed further above the USD 64,000 and USD 64,200 levels. It traded to a new all-time high near USD 64,900 and it is currently (12:30 PM UTC) correcting lower.
Similarly, most major altcoins are showing positive signs....
SEC's 'Crypto Mom' Updates Token Safe Harbor Proposal on GitHub
14.4.2021
Hester Peirce. Source: a video screenshot, Youtube, Blockland Solutions
Hester Peirce, Commissioner of the US Securities and Exchange Commission (SEC), updated her token safe harbor proposal which aims to enable crypto businesses to offer tokens under initial coin offerings (ICOs) in compliance...
South Korean City Goes to War with Tax Evaders, Will Seize their Crypto
14.4.2021
The South Korean city of Gyeongju, in North Gyeongsang Province, has announced that it will investigate tens of possible cases of suspected tax evasion to see if high tax-band individuals are concealing their money in crypto – with token “collection and seizures” possible.
Per Gugkje News, the city...
XRP Rallies While Bitcoin and Ethereum Climb To New ATHs
13.4.2021
Bitcoin price started a steady increase after it broke the USD 61,200 resistance. BTC cleared the USD 62,000 resistance and traded to a new all-time high. It is currently (11:30 UTC) trading well above USD 62,000 and it might extend gains above USD 63,200.
Similarly, most major altcoins are trading...
Crypto Listing and Delisting Announcements: Week 15
12.4.2021
Here is our weekly collection of digital asset listing and delisting, trading pair-related announcements by crypto 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...
Crypto Market Sentiment Up Again, ChainLink Gets the Throne
12.4.2021
Over the week behind us, the market sentiment continued to climb upwards, albeit in small steps, but also reaching a rarely seen number of individual coins in the positive zone. The average 7-day moving crypto market sentiment score (sentscore) for ten major coins stands at 6.27, up from 6.03...
Impressed With BNB Rally? These CEX Tokens Jumped Even More
12.4.2021
In the past seven days, several centralized exchange (CEX) tokens got ahead of binance boin (BNB), the native token of the major crypto exchange Binance - but their trading volumes are much smaller when compared to Binance's giant.
According to Coingecko, at 10:00 UTC on Monday, BNB stood on...
Bitcoin Cash From Hard Fork Is Taxable Income - IRS
12.4.2021
Bitcoin cash (BCH), received after the Bitcoin (BTC) hard fork in 2017, constitutes taxable gross income, according to a memorandum released by the US Internal Revenue Service (IRS).
The IRS claims the document, dated March 22, cannot be cited as precedent, and it was drafted in response to...
XRP Doubles as Ripple Scores Victory, 'XRP' Overtakes 'Ethereum' On Google
12.4.2021
Ripple’s bosses have scored another legal victory in their already protracted struggle with the American regulatory Securities and Exchange Commission (SEC) – after a ruling magistrate judge upheld a bid to respect the privacy of the personal financial records of CEO Brad Garlinghouse and Executive...
Settlement Is Most Likely Outcome in Ripple vs. SEC Case - Attorney
9.4.2021
While XRP has muscled its way back into the top-four cryptoassets by market capitalization as Ripple scored an important victory in the court, the legal battle with the US Securities and Exchange Commission (SEC) is far from over and most likely will end with a settlement, per...
Bitcoin, Ethereum and Altcoins Move Higher, Dips Attractive
9.4.2021
Bitcoin price gained momentum after it broke the USD 57,500 resistance level. BTC even cleared USD 58,000 and it is currently (12:00 PM UTC) trading above USD 58,250. It seems like the bulls are aiming for a test of the main USD 60,000 resistance in the next few sessions.
Similarly, most major...
Fintech Heavyweights Revolut, Robinhood Gun for More Crypto Gains
9.4.2021
Major fintech players are stepping up their crypto game in an apparent bid to attract new customers to their platforms, with the UK-based Revolut adding support for 11 additional coins, including cardano (ADA) and decentralized finance (DeFi) offerings like uniswap (UNI) – and the USA-based...
Tony G Discloses His Investment in GAMEE
9.4.2021
Antanas Guoga. As a founding shareholder of Cryptonews.com, Lithuania-based serial entrepreneur Antanas Guoga, also known as Tony G for his poker acumen, disclosed that he invested an unspecified sum in the GAMEE Token (GMEE) during its USD 2.2m private presale.
GAMEE, a subsidiary of mobile games...
Signal Turns Into Noise With MobileCoin Integration
7.4.2021
Private messaging app Signal, which is also popular among crypto users, announced they're launching payments using MobileCoin (MOB). But then things turned sour.
Per the April 6 announcement, this is a beta feature in Signal Beta, available to the United Kingdom folks for testing and feedback...
Prepare Your Crypto Startups as Binance is Shopping
7.4.2021
Source: a screenshot, Instagram/binance
Major crypto exchange Binance plans to do about three acquisitions every month, according to CEO Changpeng Zhao (aka CZ).
Binance is "actively doing acquisition deals, especially in a lot of these new areas. My view is I’m not an expert in these areas...