CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, RIPPLE News, TETHER News
Bitcoin Fights Below $ 36K Why BTC May Increase Losses
The bitcoin price is showing bearish signs below $ 35,800 and $ 36,000 against the US dollar.
BTC traded at just $ 33,396 and fell well below the 100-hour simple moving average. Recently, there was an upward correction above the $ 34,000 level. The price rallied above the 23.6% Fibonacci retracement level of the key decline from a high of $ 37,837 to a low of $ 33,396.
Bitcoin price even climbed above $ 35,000 but failed to overcome the $ 35,800 resistance. The price appears to have failed to break the 50%
Ethereum Survives $ 1,280, Why ETH May Resume Its Rally
Ethereum corrected lower and tested the $ 1250 support zone against the US dollar.
ETH tested the $ 1,250 support zone and steadily rallied above $ 1,300. There was a break above the $ 1,350 resistance and a close above the 100-hour simple moving average. However, the ether price failed to break through the $ 1400 resistance zone.
Ripple’s uptrend could be in jeopardy if it breaks under this decisive resistance
Ripple has been officially delisted from Coinbase, which has eased buying pressure on the token.
XRP risks dropping freely to $ 0.25 if support at 50 SMA and 100 SMA does not hold.
Ripple’s potential uptrend of up to $ 0.4 per year was sabotaged after Coinbase, one of the leading cryptocurrency exchanges, formally removed it from its trading platforms. The purge of the leading U.S. digital exchange came just a month after the Security and Exchange Commission filed a lawsuit against Ripple Labs Inc. and her senior management.
Biggest BlackRock Asset Manager May Start Trading Bitcoin Futures
BlackRock may start trading bitcoin futures contracts with cash, according to a statement from the SEC.
BlackRock is the world’s largest asset manager, managing nearly $ 8 trillion in assets last year. Now, the Wall Street giant has filed two prospectuses with the US Securities and Exchange Commission on behalf of BlackRock Funds V and BlackRock Global Allocation Fund Inc.
The most important part of these documents is that they assume that the company can engage in cash-settled bitcoin futures contracts.
BlackRock May Start Trading Bitcoin Futures
Digital Euro Review Facing Potential Mid-2021 Launch
The European Commission and the European Central Bank have teamed up to publish a joint statement on the possibility of issuing the digital euro.
The ECB and the EC are making “their own efforts” to provide a “well-integrated payments sector” to meet new payment needs in Europe. Taking into account digitalization, rapid changes in the payment environment and the emergence of crypto assets, the ECB is exploring the possibility of issuing a digital euro.
Overview of the digital euro
Ethereum 2.0 On Track To Deliver ETH Exceeds $ 3.6 Billion
The latest update from the developers working on Ethereum 2.0 indicates that everything is going according to plan.
In a lengthy blog post titled “The State of Eth2,” Lead Developer Danny Ryan posted an update on the progress made on the Beacon Chain and what awaits us for 2021.
2.78 million ETH was deposited in the Beacon Chain smart contract, according to data from ETH 2 Launchpad. At current prices of $ 1,300, that’s $ 3.6 billion, up from a recent all-time high of just over $ 4 billion.
Using Tether on Tron bypasses Ethereum as low fees attract small transactions
Tron volume USDT dwarfs Ethereum for the third week in a row.
The total number of weekly Tether transactions on Ethereum has been stable at around 1.5 million over the past four weeks. But on Tron, the number of transactions per week has grown from roughly 900,000 in mid-December to nearly 2 million in the second week of January, according to Coin Metrics.
Lightspeed and Pantera Join $ 20M Raise for Crypto Market Maker Wintermute
Series B will fund the advancement to Asia and the launch of a derivatives business.
London-based Wintermute, an algorithmic liquidity provider for digital assets, has completed a $ 20 million Series B led by Lightspeed Venture Partners with Pantera Capital.
Other investors joining the round include Sino Global Capital, Kenetic Capital, Rockaway Blockchain Fund, Hack VC, DeFi Alliance, and Avon Ventures, a venture capital fund affiliated with FMR LLC, the parent company of Fidelity Investments.