VANCOUVER, BC, April 19, 2021 /CNW/ — Hello Pal International Inc. (“Hello Pal” or the “Company”) (CSE: HP) (Frankfurt: 27H) (OTC: HLLPF), a provider of rapidly growing international live-streaming, language learning and social-crypto platform, is pleased to announce that it has entered into a definitive purchase agreement (the “Agreement”) with a company controlled by Shanghai Yitang Data Technology Co. Ltd. (“Yitang”) to acquire an initial 51% interest in 12,500 mining rigs dedicated to… Source link

Tether (USDT) has now launched on Hermez Network, an Ethereum scalability solution based on the zk-rollup concept. Rollups provide a way of batching or “rolling up” transactions to lighten the load on the Ethereum network. The key to rollups is the concept of data availability, which means that the state data of the rollup is always fully available on-chain. In practice, this means that the Ethereum network knows the token balances of all user accounts on the Hermez rollup after every… Source link

Bitcoin’s potential institutional adoption has been a hot topic in markets. Photo: Chesnot/Getty Images Cryptocurrency prices were volatile on Monday morning, after a wild weekend of selling that saw some tokens plunge by as much as 13%.  Bitcoin (BTC-USD) was down 1.2% to trade at $57,096 (£41,113) by 9.40am in London. Meanwhile, ethereum (ETH-USD), the second largest cryptocurrency, was down around 1% to trade at $2,253.41. Ripple (XRP-USD) was at one point 9.2% higher on Monday morning… Source link

Bitcoin’s potential institutional adoption has been a hot topic in markets. Photo: Chesnot/Getty Images Cryptocurrency prices were volatile on Monday morning, after a wild weekend of selling that saw some tokens plunge by as much as 13%.  Bitcoin (BTC-USD) was down 1.2% to trade at $57,096 (£41,113) by 9.40am in London. Meanwhile, ethereum (ETH-USD), the second largest cryptocurrency, was down around 1% to trade at $2,253.41. Ripple (XRP-USD) was at one point 9.2% higher on Monday morning… Source link

Ethereum Ethereum fell by 3.35% on Sunday. Following on from a 4.45% decline on Saturday, Ethereum ended the week up by 4.23% to $2,241.45. A mixed start to the day saw Ethereum rise to an early morning intraday high $2,341.00 before hitting reverse. Falling short of the first major resistance level at $2,439, Ethereum slid to an early morning intraday low $2,000.00. The extended sell-off saw Ethereum fall through the first major support level at $2,258 and the second major support level at… Source link

Bitcoin and the wider cryptocurrency market, including ethereum, Ripple’s XRP and cardano, were hit by a sudden flash crash early Sunday morning, tanking prices (though Elon Musk’s “fav” crypto dogecoin is holding steady). The bitcoin price, which had this week been on a downward trend toward $60,000 per bitcoin, dropped more than 10% to just over $50,000. The bitcoin price has since somewhat rebounded to trade around $55,000 but remains some distance from its recent near-$65,000 highs. … Source link

The sudden shake-up in the cryptocurrency market has resulted in the prices falling across the market. Altcoins like Monero have seen a long-term bullish trend flipped to a bearish one. However, the change in trend could be a sign of an impending correction in its market. At the time of writing, XMR was being traded at $313.10 with a market capitalization of $5.58 billion. Monero 6-hour chart Source: XMRUSD on TradingView The XMR chart was showing the strong bullish momentum carrying its… Source link

AFP via Getty Images Text size Here’s what you need to know to navigate the markets today. • Bitcoin plunged 15% overnight before recovering about half its losses on Sunday. Just days earlier, the leading cryptocurrency by market cap had reached an all-time high of nearly $65,000 ahead of the public trading debut… Source link

Bitcoin dropped as much as 15% late Saturday, its biggest intraday drop since February, just days after hitting record highs. It’s unclear what caused the sell-off.  The plunge in the world’s most popular digital coin came after reports attributed the decline to speculation that the U.S. Treasury may take action against money laundering that’s carried out using digital assets, according to Bloomberg.  Separately, a blackout in China’s Xinjiang region, which reportedly powers a lot of… Source link

Topline After a run-up in prices ushering in Coinbase’s long-awaited market debut earlier in the week, the cryptocurrency market plummeted early Sunday after blackouts in China led to massive declines in bitcoin’s mining rates—tanking prices and spurring billions of dollars in liquidations. The market is already on the mend, but bitcoin prices are still down about 10%. Getty Images Key Facts An overnight crash that started late Saturday tanked the total market… Source link