Bitcoin Cryptocurrency News

South Korean Bitcoin Exchange Bithumb Reportedly Raided by Police

The popular Bitcoin exchange Bithumb in South Korea has reportedly been raided by the authorities. This happened because of fraud allegations. Bithumb Accused of Fraud by South Korean Police According to a report by a local news outlet, the Intelligent Crime Investigation Unit of the Seoul Police authorities raided South Korea’s largest cryptocurrency exchange Bithumb. Read more…

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Bitcoin Cryptocurrency News

Bitcoin Reclaims $11.5K, ETH Above $400: The Sushi Farming Tokens Skyrocket (Market Watch)

Following a few days of adverse price movements, most of the cryptocurrency market is recovering and is in the green today. Bitcoin is up to $11,500, Ethereum is trading above $400 for the first time since Tuesday. Even more impressive gains are evident from the lower-cap alts. Bitcoin Back Above $11,500 The primary cryptocurrency saw Read more…

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Bitcoin Cryptocurrency News DeFi

Defi Explosion: Chainlink (LINK) Records 80% Weekly ROI As Bitcoin Dominance Below 60%

Bitcoin has recouped from yesterday’s dip to below $11,200, but most altcoins are significantly outperforming the primary cryptocurrency. Several impressive price increases, including new all-time highs for Chainlink and Tezos, have reduced Bitcoin’s dominance to below 60%. Altcoin Wild-Ride Continues With LINK and XTZ At ATH As CryptoPotato reported yesterday, 24 hours ago, the entire Read more…

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Bitcoin Cryptocurrency News

Tezos To New ATH Above $4.4 While Bitcoin Fails at $12,000 Again

Bitcoin couldn’t succeed at conquering $12,000 so far and got rejected. Although many top 10 alts are retracing slightly today, the rest of the market is in the green, including another all-time high from a top 20 coin – Tezos (XTZ). Lower-cap Altcoins And Tezos To The Rise The majority of top 10 coins have Read more…

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Cryptocurrency News

Treasury Bureau Declares National Banks Can Custody Crypto

The Office of the Comptroller of the Currency (OCC), a bureau within the U.S. Department of the Treasury tasked with regulating the country’s banks and thrift institutions, has published a public letter clarifying that national banks and savings associations can provide cryptocurrency custody services to clients. “In the letter published today, the OCC concludes that Read more…

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Cryptocurrency News DeFi Ethereum

Ethereum DeFi: Aave Google Searches Explode, But Not For Why You Think

The sudden rise of decentralized finance (DeFi) applications in 2020 has rearranged the cryptocurrency landscape. In a little over two years, a combined sum of $2 billion has made its way into various DeFi protocols, while giving birth to the “yield mining” meme in the meantime. With this in mind, it perhaps shouldn’t be a Read more…

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Altcoin Crypto Analysis Cryptocurrency News

DigiByte Price Analysis: DGB Skyrockets 35% After Being Listed on Binance, What’s Next?

DigiByte increased by 35% following its listing on Binance. The price is still trapped in a triangle pattern despite the latest surge. The bullish sentiment remains valid across trading pairs. DGB/USD: Digibyte Remains Trapped In a Triangle Key Resistance Levels: $0.0244, $0.0267, $0.030 Key Support Levels: 0.0205, $0.016, $0.013 DGB/USD. Source: TradingVIew Following yesterday’s listing Read more…

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Bitcoin Cryptocurrency News

The Canadian Crypto Exchange That Ordered Employees to Create Fake Trades To Inflate Volume

According to a set of leaked documents, the Canadian cryptocurrency exchange Coinsquare was practicing wash trading. This is the practice of creating artificial or “fake” positions to prop up the value of the trading volume on the exchange. Coinsquare Wash Trading Implications A recent report revealed that a set of leaked emails, files, and slack Read more…