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Cryptocurrency News


09/25/2020 06:21 PM

LINK Increases by More Than 40% in a Day: Relief Rally or New Upward Move?

The ChainLink (LINK) price increased by 41% on Sept. 24. While the price has broken out from a bullish pattern, the current movement is still more likely to be a correction than the beginning of a new upward movement. LINK Bounces at Support The LINK price has been decreasing alongside a descending resistance line since […]

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09/25/2020 05:35 PM

Mike Novogratz — ‘The Herd Is Coming,’ for Real This Time

Galaxy Digital chief Mike Novogratz has been a leading voice in the cryptocurrency market. As a former hedge fund trader, he has a rare pulse on the institutional investor community and how they feel about bitcoin. During a Benzinga Boot Camp in conjunction with BlockFi, Novogratz shared his thoughts with host and podcaster Peter McCormack […]

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09/25/2020 05:33 PM

IRS Preempts Potential Crypto Tax Evasion with Update to Form 1040

Crypto tax evasion in the United States is about to become more difficult following the subtle change made by the Internal Revenue Service (IRS) to its form 1040. America’s tax body continues to push for greater cryptocurrency tax compliance despite lingering confusion over some of its guidelines. Plausible Deniability for Crypto Tax Evasion Out the […]

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09/25/2020 04:24 PM

ConsenSys to Work on PoC for CBDC with Hong Kong Monetary Authority

ConsenSys has shared on Sept. 25, that it was awarded a cross-border payment network study project by the Hong Kong Monetary Authority (HKMA). The project involves the development of a technology for a central bank digital currency (CBDC) cross-border payment network, which actually serves as the second implementation phase of the Project Inthanon-LionRock. Proof-of-Concept for […]

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09/25/2020 04:09 PM

Interview With Godex.io

Godex.io is a crypto exchange with more than 210 listed coins that users can trade securely and anonymously along with a range of other perks. We recently got together with the Godex team to learn more about the platform and how it stands out from competitors. Here’s a brief snippet from the conversation: How and […]

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09/25/2020 03:03 PM

ETH Bounces From $300 But Fails To Confirm Upward Trend

The Ether (ETH) price began an increase on Sept. 24 which is still ongoing. However, the price has not yet confirmed that it has begun an upward trend, making it likely that the current increase is corrective. Bullish Engulfing Candlestick The ETH price has been decreasing since a high of $489.57 on Sept. 1, following […]

The post ETH Bounces From $300 But Fails To Confirm Upward Trend appeared first on BeInCrypto.


09/25/2020 02:48 PM

Bitcoin’s Higher Low Paves The Road For Higher Prices

On Sept. 24, the Bitcoin (BTC) price created its first higher low since the Sept. 4 drop with a bullish engulfing candlestick. It is possible that this was the beginning of a new upward movement for BTC. Bullish Engulfing Candlestick On Sept. 24, the Bitcoin price created a bullish engulfing candlestick, increasing from a low […]

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09/25/2020 11:36 AM

Binance Domain Blacklisted by Russian Authorities

On September 24, 2020, Binance – one of the largest crypto exchanges in the world in terms of trade volume – announced on its website that its domain has been blacklisted in Russia. It seems that the exchange platform has been taken by surprise when the Roskomnadzor – the Federal Service for Supervision of Information […]

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09/25/2020 11:10 AM

Optimism Launches Ethereum Testnet for L2 Scaling Solutions

Ethereum scaling startup Optimism has announced the launch of a limited testnet. Once the research-oriented nonprofit Plasma Group, in January 2020 Optimism morphed into a for-profit company backed by $3.5 million in venture funding. Since then, Optimism has been focused on building a Layer-2 (L2) solution using a tool called “optimistic rollup.” The idea behind […]

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09/25/2020 10:57 AM

CEX.IO to Provide One-Click DeFi Access, Lists New Tokens, Offers Instant 0% Fee Visa Deposits

Ahead of the upcoming one-click DeFi access feature, CEX.IO lists major decentralized finance tokens and offers instant, zero-fee Visa card deposits LONDON, the United Kingdom – CEX.IO, one of the leading international cryptocurrency exchanges, announces its plans for entering the decentralized finance (DeFi) market. To set the stage, CEX.IO lists major DeFi tokens on its […]

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09/25/2020 09:15 AM

How Dai is Dominating the World of NFTs and Digital Art

This week’s DeFi frenzy has been all about non-fungible tokens (NFTs) and digital art. Recent findings have indicated that the Dai stablecoin is at the center of it all. The monumental surge in MEME prices and influencer shilling of SHROOM has catalyzed the latest DeFi fad consisting of NFTs and crypto collectibles. In essence, a […]

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09/25/2020 07:49 AM

Uniswap Token Collection Rate Hits 80% Suggesting UNI Is Here to Stay

Uniswap’s massive airdrop to loyal platform users has been an overwhelming success and a strong indication that the token is not going to fade away despite its recent price slide. When Uniswap announced its native UNI token and Ethereum-based liquidity farming pools, it also distributed 150 million of those tokens as a loyalty bonus. DeFi […]

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