Ethereum price seems close to complete a bearish pattern known as Adam & Eve. Bears will target a low of $370 in the long-term if the pattern is confirmed. More than 1.4 million ETH are locked inside the ETH2 deposit contract. Ethereum is trading in a short-term downtrend on the daily chart at $545 at the time of writing. While bears target a breakdown below a crucial support level at $484, bulls are not entirely afraid as more than 1.4 million ETH have been… Source link

Dave Jevans of CipherTrace Discusses Development of New Technologies Nick Holland • December 11, 2020     Dave Jevans, founder and CEO, CipherTrace How could technology now in development… Source link

Bitcoin (BTC) was lower for a second day, slipping below $18,000 to the lowest in almost two weeks.  “The momentum that characterized bitcoin throughout October and November seems to have cooled down,” Matt Blom, head of sales and trading for the cryptocurrency-focused financial firm Diginex, told clients Friday in a note. “Prices retrace even in light of positive news.”  In traditional markets, European shares fell as Germany reported record virus cases and deaths, and U.S. stock… Source link

You can now buy Bitcoin with Apple Pay, thanks to a new integration in the multi-currency crypto wallet app, Lumi. You can also buy ETH, BCH, Tether USDT, Binance USD, Celsius, Dai, EOS, and more than 1,200 ERC-20 tokens via Ethereum. Using Apple Pay also simplifies the purchase process, as you can skip identification verification … Anti-money laundering legislation requires banks and other financial institutions to instigate what is known as KYC – Know Your Customer –… Source link

Mykola Tys/SOPA Images/LightRocket via Getty Images Insurer MassMutual is the latest financial institution to invest in Bitcoin, buying $100 million worth of the digital token. The company also acquired a 5% stake in crypto startup, NYDIG.  Billionaire Mike Novogratz highlighted the insurer’s Bitcoin purchase as the most important news in the crypto space in 2020, and called for regulatory approval. The investment represents 0.04% of MassMutual’s $235 billion general investment… Source link

The technical picture for Litecoin (LTC) suggests that it could post a massive upside towards $100 if bulls hold above $70 Litecoin’s spot price mirrors the rest of the top altcoin market, with LTC changing hands around $70 after dipping more than 6% in the past 24 hours. The cryptocurrency is also trading nearly 18% down over the past seven days. At the moment, Litecoin bulls are trying to keep bears at bay around the critical $70 support level. If they manage to flip momentum to their… Source link

Bitcoin (BTC) continues to be in correction mode with BTC price dropping below $17,600 on Dec. 11, the lowest level since November.  Bitcoin in a downtrend on lower timeframes Every beautiful rally comes to an end and gets followed by a corrective period. This correction seems to have started with the price currently down more than 10% since touching a new all-time high ten days ago.  Meanwhile, some recent news namely the proposed crypto regulation in the United States is bringing fear to… Source link

Newly released data from crypto exchange OKEx gives one possible explanation of how larger holders of bitcoin – or “whales” – were able to influence prices as bitcoin rallied to a new all-time high in November. During that bitcoin run-up, institutions and whales were able to buy dips and oftentimes sell when prices went up. That left the majority of the retail investors scrambling to chase the rally, according to a newly released OKEx data report. Trading data of the bitcoin/tether… Source link

Bitcoin is coming to the end of one of the biggest years in its short history. The bitcoin price has surged through 2020, reclaiming its 2017 all-time highs after finding support from Wall Street and some of the world’s biggest investors. Now, with the bitcoin and cryptocurrency community looking forward to a slew of developments in 2021—including the much-anticipated launch of Facebook’s bitcoin-inspired cryptocurrency and potentially industry-defining U.S. cryptocurrency… Source link

A 19-year old Ukrainian politician disclosed all the property he owns during an anti-corruption procedure, mandatory for all public officials in Ukraine, who revealed that he holds millions of dollars worth of monero (XMR). 19-Year-Old Ukrainian Politician Discloses Its Monero Holdings Rostislav Solod, a newly appointed member of the city council in Kramatorsk, Ukraine, declared that he owns 185,000 XMR, which is worth… Source link