Yearly Archives: 2021

Wanchain Makes LTC Smart Contract Compatible, Adds Litecoin

SINGAPORE, June 22, 2021 (GLOBE NEWSWIRE) — The Wanchain Foundation today announces that Litecoin is now fully integrated into its cross-chain infrastructure. Wanchain, the decentralised blockchain interoperability solution that connects the world’s isolated blockchain networks, is the only decentralised finance (DeFi) project that enables truly decentralised cross-chain transactions between isolated heterogeneous blockchain networks. Wanchain’s cross-chain infrastructure already… Source link

Read More »

Monero emerges as crypto of choice for cybercriminals

Monero emerges as crypto of choice for cybercriminals

53 Studios | Getty Images For cybercriminals looking to launder illicit gains, bitcoin has long been the payment method of choice. But another cryptocurrency is coming to the fore, promising to help make dirty money disappear without a trace. While bitcoin leaves a visible trail of transactions on its underlying blockchain, the niche “privacy coin” monero was designed to obscure the sender and receiver, as well as the amount exchanged. As… Source link

Read More »

Monero emerges as crypto of choice for cybercriminals

For cybercriminals looking to launder illicit gains, bitcoin has long been the payment method of choice. But another cryptocurrency is coming to the fore, promising to help make dirty money disappear without a trace. While bitcoin leaves a visible trail of transactions on its underlying blockchain, the niche “privacy coin” monero was designed to obscure the sender and receiver, as well as the amount exchanged. As a result, it has become an increasingly sought-after tool… Source link

Read More »

What is polkadot and how it’s catching up to ethereum: former NYSE trader

Cryptocurrencies suffered another brutal weekend with bitcoin (BTC-USD) approaching $30,000 and ethereum (ETH-USD) sliding under $2,000 after China toughened its stance on crypto payments. But Coinbase customers now have access to an ethereum competitor called Polkadot (DOT1-USD), which is gaining the attention of Wall Street. At a recent Yahoo Finance Plus webinar, Capital2Markets President Keith Bliss compared the two developer networks, which are designed to decentralized finance. “ Source link

Read More »

The US Government Is Auctioning $377K Worth of Bitcoin and Litecoin – Bitcoin News

The US Government Is Auctioning 7K Worth of Bitcoin and Litecoin – Bitcoin News

The U.S. government is selling bitcoin and litecoin worth $377K via the General Services Administration (GSA). The auction closes at 5 p.m. on Monday, with the possibility of an extended closing time. The government auction house is selling the digital assets in 11 lots and so far, the lots have seen active bidding. The GSA Auction House Has Close to Ten Bitcoin and 150 Litecoin for Sale, Auction Ends Today From June 18 to Monday, June 21, the General… Source link

Read More »

Bitcoin (BTC) Has Roller Coaster Weekend, Revisits Crucial Support

Bitcoin (BTC) decreased considerably last week, approaching the May lows near $30,000. While a short-term bounce could occur, it seems that both the daily and weekly trends are bearish. Long-term bitcoin movement The weekly BTC chart provides a bearish picture. Bitcoin appeared to have begun a bullish movement two weeks ago after creating a bullish hammer candlestick with a long lower wick. The bounce occurred right at the $32,500 long-term horizontal support area (green icon). However, it… Source link

Read More »

Bitcoin and Ethereum – Weekly Technical Analysis – June 21st, 2021

Bitcoin Bitcoin, BTC to USD, slid by 8.64% in the week ending 20th June. Reversing a 9.00% gain from the previous week, Bitcoin ended the week at $35,631.0. A bullish start to the week saw Bitcoin rise to a Tuesday intraweek high $41,273.0 before hitting reverse. Falling short of the 38.2% FIB of $41,592 and the first major resistance level at $41,890, Bitcoin slid to a Sunday intraweek low $33,411.0. Bitcoin fell through the first major support level at $33,591 before a partial recovery to… Source link

Read More »

Ethereum, Litecoin, and Ripple’s XRP – Daily Tech Analysis – June 21st, 2021

Ethereum Ethereum rose by 3.59% on Sunday. Reversing a 3.14% fall from Saturday, Ethereum ended the week down by 10.65% to $2,242.90. A mixed start to the day saw Ethereum fall from a mid-morning high $2,219.52 to a midday intraday low $2,042.50. Ethereum fell through the first major support level at $2,125 and the second major support level at $2,086. Steering clear of sub-$2,000 support levels, Ethereum rallied to a late intraday high $2,275.78. The bounce back saw Ethereum break through the… Source link

Read More »