U.S. DoJ Extradites Key Member of Crypto Ponzi Scheme From Panama

A principal member of a cryptocurrency Ponzi scheme has been extradited from Panama by the US Department of Justice....

The different ways you can use Ethereum to make money explained

Ethereum is so much more than just a coin. Its blockchain is unique as it allows you to create smart contracts that people can modify for specific purposes. It is legendary for Decentralised Finance because of its limitless uses that go beyond the necessary tools....

Bitcoin adoption is the main key right now, Novogratz says

Peter Schiff seems to disagree, however, having bashed Bitcoin a number of times in the past 24 hours....

Bitcoin lacks market integrity, says former Trump economic adviser

“For all the reasons it’s a strong developing asset class, it may fail,” said the former Goldman Sachs president....

Basics Of Trading Cryptocurrency

The text below is an advertorial article that was not written by Cryptonews.com journalists. Trading is a common economic concept that involves the exchange of goods and services between trading parties. However, trading in cryptocurrency is a bit different from trading in any other asset....

Missed the Bitcoin Rally? Here’s an Investment Strategy to Ride the Bull Market While Reducing Your Risk

Investors looking to buy bitcoin now should consider implementing a dollar-cost averaging (DCA) strategy, according to leading traders in the cryptocurrency space....

Why Ethereum price corrected sharply despite today’s Eth2 milestone

Ether price declined sharply alongside Bitcoin even as the long-awaited Eth2 mainnet launched successfully....

Why a $631B Asset Manager Just Changed Its Mind on Bitcoin

In a research note intended for clients, investing giant AllianceBernstein says it changed its mind on bitcoin’s role in asset allocation....

The Dollar Losing A Decade Long Trendline Could Send Bitcoin Skyrocketing

The year was 2009 and the dollar had just recovered from The Great Recession. Bitcoin was born and grew up while the dollar regained its throne. After ten years of strengthening, the pandemic and associated monetary response to sustain the economy, caused the almighty dollar to weaken again....

Yearn Finance Set to Gobble Up SushiSwap for Its Fifth DeFi Merger

Yearn Finance is eyeing yet another merger – only this time, the candidate, SushiSwap, has a larger market size than Yearn itself....

Former Goldman Exec Raoul Pal Placing Huge Bet on Crypto, Moving 98% of Portfolio to Bitcoin and Ethereum

Former Goldman Sachs fund manager Raoul Pal is placing his money where his mouth is. The CEO of Real Vision and Global Macro Investor says he’s selling all of his gold to place the vast majority of his liquid net portfolio into Bitcoin and Ethereum....

Chainlink, Crypto.com Coin, VeChain Price Analysis: 01 December

Bitcoin’s market cap was at $361 billion as the market eagerly anticipated a daily close above ATH. Chainlink was trading within an ascending channel and recently flipped the $14 psychological level to support, and could do the same to $14.5 resistance over the next few trading sessions....

More than 150 UK crypto firms are stuck in regulatory limbo as a crucial deadline approaches

Quick TakeCrypto firms won’t be able to operate in the UK after January 10 if they aren’t registered with the FCA.Thus far only three companies have made it onto the register while another 160 applications await approval....

Bitcoin’s Drop to $20K Resulted In $370M of Liquidations

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Visa and BlockFi to launch Bitcoin rewards credit card as adoption grows

The new credit card will offer Bitcoin rewards rather than airline miles or cash....

Hackers Using Monero Mining Malware as Decoy, Warns Microsoft

Crypto-jacking is giving nation-state hackers a decoy for their more malicious attacks, Microsoft cautioned in a report....

Ethereum 2.0 Launches, Promising New Era of Staking and Scalability

The initial phase of an Ethereum blockchain upgrade that’s been in the works for years has launched. The beacon chain for Ethereum 2.0 allows investors in the second-largest cryptocurrency to stake their coins and earn rewards in return for powering the network....

China’s Yunnan province officials crackdown on Bitcoin miners

China has been tightening its grip around crypto and crypto businesses. According to recent reports, authorities from Baoshan city in the Yunnan province have cracked down on Bitcoin miners. The authorities have ordered the electricity suppliers to cease supply to the miners in the area....

3 reasons why Bitcoin price violently rejected near $20,000

Bitcoin price strongly rejected near the $20,000 resistance, leading analysts to debate whether a quick recovery is on the cards....

Blockchain Bites: Ethereum 2.0 Beacon Chain Ships, Libra Rebrands, ‘Bitcoin’ Google Searches Up

Ethereum 2.0 charts new territory with the launch of its proof-of-stake backbone as retail interest in Bitcoin spikes, Google search data suggests....

Gemini Donates $50K to HRF to Fund Another Round of Bitcoin Developers in 2021

The Human Rights Foundation has secured donations from the Gemini cryptocurrency exchange to fund even more Bitcoin developers in 2021....

Coinbase Faciliated MicroStrategy’s $425M Bitcoin Purchase Without Moving The Market

By using its execution strategies, Coinbase facilitated MicroStrategy's $425 million Bitcoin purchase without moving the markets....

Ethereum price prediction: Price recovers to $600 will price cross above?

TL;DR Breakdown Ethereum price currently trading at $594 showing a 3.67 decline from day’s opening price. Short-term support indicates potential for bullish turnover. Both MACD and RSI suggest price will retest resistance level at $620. Ethereum price prediction: Today’s price overview....

Bitcoin Cash, Cosmos, Algorand Price Analysis: 01 December

Bitcoin inched toward $20k and altcoins posted moderate gains in the past week and undid much of the damage that Bitcoin’s dip to $16,400 wrought. At press time BTC was trading at 19,507 with a 24-hour trading volume of $31.8 billion. Bitcoin Cash performed strongly and rose above the psychological $300 barrier once more....

A Major Investment Firm Is About To Inject Over Half A Billion Dollars Into The Bitcoin Market – What This Means

Guggenheim Partners is a global investment firm that’s currently hitting the headlines in the crypto society. The firm runs the Macro Opportunities Fund, an investment fund of around $5.3 billion in assets. Apparently, the firm is now planning to invest about 10% of its total funds in Bitcoin. That’s about $530 million....

PayPal Is Already Boosting Bitcoin Trading Among Users: Survey

Of the 380 PayPal users surveyed by Mizuho Securities, almost a fifth had traded Bitcoin on the app....

Crypto exchange volume soared in November, reaching $289.25 billion for the month

Trade volume across legitimate crypto exchanges rose by 134% in November compared to the previous month, according to data collected by The Block Research.The post Crypto exchange volume soared in November, reaching $289.25 billion for the month appeared first on The Block....

DeFi “Blue-Chips” Lead Sector Rebound as Smaller Tokens Underperform

The DeFi sector has been on the up and up throughout the past few weeks, with the post-Summer downtrend first reversing earlier in early-November when Yearn.finance’s YFI token bottomed out at $7,500 and saw a massive overnight surge up towards $18,000....

Bitstamp, Korbit Crypto Exchange Buyer Nexon Sells Blockchain R&D Arm

South Korean gaming giant Nexon, the buyer of the Bitstamp and Korbit crypto exchanges, has reportedly sold one of its most important blockchain subsidiaries – with some experts claiming the move may point to a shift in focus for the gaming firm and its owner Kim Jong-ju, as he moves away from crypto and toward fintech.Per Chosun, NXC, Nexon’s hold...

Russia’s Largest State-Owned Bank to Launch Crypto 'Experiment' With JP Morgan

Sberbank, Russia’s largest state-owned bank, is thinking about getting into the crypto trading business....

Cardano, Tron, Dogecoin Price Analysis: 01 December

Bitcoin surged to $19,788 at the time of writing and the ATH was a stone’s throw away for the king of crypto. Cardano exhibited a bearish divergence and dipped almost 4% before the bulls got back in the driving seat....

Grayscale dusts off their #dropgold campaign with fresh ad push

The ad is currently running online and on several major tv networks....

Winklevoss Twins: Bitcoin Is Going to Get Much Bigger

Tyler and Cameron Winklevoss – the founders of the Gemini Exchange in New York – recent mentioned in an interview that they’re extremely confident bitcoin will reach a price of roughly $500,000....

Ethereum Could Soon Rally Up to 180% Against BTC as Strength Mounts

Ethereum and Bitcoin have both seen significant declines against their USD trading pairs today This came about after the benchmark cryptocurrency raced to all-time highs and posted a rejection at this level, pointing to underlying weakness amongst bulls ETH’s BTC trading pair, however, has remained stable, as the two digital assets moved lower in t...

How Ripple will lose its coin identity

One of the lead investors of Ripple in 2013 himself declared at the start of the year that he never believed Ripple would be seen as a coin. Kevin Rose believes that Ripple is limited as a currency, but it excels as a transfer....

Ripple Price Analysis: XRP Drops 10% Weekly As Bulls Tasked With Defending an Important Level

XRP saw a drop of around 10% on the weekly as the bulls are currently tasked with defending an important level....

Former Trump Economic Advisor and Goldman Sachs President Gary Cohn Warns Bitcoin May Fail

A former top economic advisor to President Donald Trump and president of Goldman Sachs has shared his view about bitcoin....

You Don’t Have To Worry About Bitcoin’s Reliance On Utilities

The Bitcoin network might consume electricity and connect to the internet, but it is more robust than any single utility on earth.The post You Don’t Have To Worry About Bitcoin’s Reliance On Utilities appeared first on Bitcoin Magazine....

Almost One-Fifth of PayPal Users Have Used App to Trade Bitcoin, Mizuho Says

About 65% of users would use bitcoin as a currency at PayPal's 28 million merchants....

Beyond BitMEX: CFTC set a new record for lawsuits in crypto this year

Alongside other actions, the CFTC was pleased with its seven enforcement actions in the crypto market....

Decentralized exchanges post $17 billion in volume for November, continue monthly decline from September peak

Decentralized exchanges posted just over $17 billion in volume in November, a decline from October and the peak seen in September.The post Decentralized exchanges post $17 billion in volume for November, continue monthly decline from September peak appeared first on The Block....

Bitcoin Comes Within Inches of $20K Per Unit

Bitcoin has come extremely close to reaching its all-time high yet again. The currency is presently trading for well over $19,000 again, a price it first reached about a week ago today. At the time of writing, one unit of bitcoin is worth just under $19,400....

Bitcoin Faces Harsh Rejection as Analysts Eye Potential Consolidation Phase

Bitcoin faced an incredibly harsh rejection earlier this morning that caused its price to plummet This came about directly following another test of the cryptocurrency’s all-time high, which was broken and tested on multiple occasions over the past day The resistance here is still significant and should not be overlooked Whether or not this level c...

ETH Price Analysis: Sell The News? Ethereum Dumps 9% As ETH 2.0 Launched

Ethereum saw some whipsaw-like price movement today after it dropped by around 9% before recovering....

Why Europe Bests the US at Attracting Crypto Startups

The EU has created a common framework for regulating crypto across the economic bloc. The U.S....

Kraken’s Bitcoin Strategist: A $100,000 $BTC Cycle Top Is Too Conservative

In a recent interview, Pierre Rochard, Bitcoin Strategist at crypto exchange Kraken, said that the current Bitcoin bull ran could take the BTC price a lot higher than $100K....

Ruble or Rubble? Russian Institutions Have Concerns About Proposed CBDC

Russian banks and financial brokers are worried the digital ruble will be a burden for them....

Coinbase's Strategy Helped MicroStrategy, Bitcoiner Eyes Soccer Club + More News

A Wigan Athletic player....

A proposal: Do nothing with Uniswap’s liquidity incentives

To recap: Uniswap’s initial liquidity mining rewards ran from September 18th to November 17th. 20 million UNI were distributed to liquidity providers for four trading pairs (5 million UNI each) — ETH/USDT, ETH/USDC, ETH/DAI, and ETH/WBTC. At the current UNI price, the distributed amount is worth about $70 million....

No Passporting For London Says FCA

The biggest geopolitical event of the century is now just four weeks away as nationalist Britain stands alone....