cryptocurrency – Page 43 – BOL News Staging

Binance Australia updates its security requirements

September 23, 2021September 23, 2021 by Syed Ahad

As per the exchange, Binance Australia has updated its security requirements for local residents seeing to access cryptocurrency on the platform as part of its “compliance efforts,”. All new users need to complete a process of verification to access its products and services. Present users who have not until now done, will have their account … Read more

Bitcoin price prediction: BTC price bounces back

September 23, 2021 by Syed Ahad

Bitcoin rise to continue after new record

Bitcoin price locked above the 79% Fibonacci retracement level at $40,727 on September 21 and directly produced a bullish overwhelming sconce the next day. The uptrend has sustained, yielding a 9% rise so far. A retest of the 50% Fibonacci retracement level at $45,210 is probable to happen if the purchasing pressure perseveres. Here the … Read more

PayPal announces new customer application for cryptocurrency

September 21, 2021 by Syed Ahad

PayPal publicized that the release of a new application to be a one-stop shop for all of the requirements of the digital payment of the firm’s clients. Dan Schulman, PayPal CEO said earlier the firm’s super application was complete for a rollout in the U.S. As per the release, the new PayPal application will allow … Read more

Ethereum price prediction: ETH price attempts to arrive at the safe zone

April 8, 2022September 21, 2021 by Syed Ahad

Ethereum price was on a fit uptrend after the September 7 clatter, however, things twisted around rapidly when Bitcoin (BTC) fell. ETH dropped straight through the demand region, spreading from $3,015 to $3,338. Though, disparate from the big cryptocurrency, ETH price locked below the lesser limit of the said barrier at $3,015. ETH is struggling … Read more

Tayyib Erdoğan: ‘We are at war’ with cryptocurrency

September 20, 2021 by Syed Ahad

Turkey is ready to become a blockchain hub as a state with one leg in Europe and another in Asia. Though, the same passion doesn’t put on to cryptocurrencies, as Turkish President Recep Tayyib Erdoğan repeated recently. A query session is organized by Tayyib Erdoğan in Mersin, Turkey with youth from across the state. An … Read more

Customers can now buy Rimac’s Greyp Bikes with Cryptocurrency

September 15, 2021 by Syed Ahad

With the increasing trend of cryptocurrency, the most forward-thinking entrepreneur in Croatia has presently enabled the facility to buy Greyp Bikes with cryptocurrency. Customers can purchase Greyp Bikes through nine foremost cryptocurrencies, BTC, ETH, BCH, XLM, XRP, DAI, EOS, USDT, USDC. Though Greyp Bikes could have been bought with cryptocurrencies earlier, the process is very … Read more

Bitcoin price prediction: BTC price in a complicated position

September 15, 2021 by Syed Ahad

Bitcoin price fell from roughly $53,000 to $42,850 on a single day. Though, the retrieval rally kicked in, pushing BTC up to $46,883. Meanwhile then, the giant cryptocurrency has been consolidating but gradually heading lesser. Just above the $44,705 provision level, Bitcoin price has calmed and shows signs of restarting an uptrend. Although this move … Read more

Most of the Korean crypto exchanges to close this month, as per insiders

September 14, 2021 by Syed Ahad

Failure to meet South Korean regulators’ new necessities is probable to spread out tens of crypto exchange operators. The time limit for South Korean cryptocurrency exchanges to meet new obedience requirements is approaching fast, with all operators probable to submit requests for an authorized license with the Financial Services Commission (FSC). Industry actors and senates … Read more

Russian central bank recommends domestic banks to block e-pay transactions

September 14, 2021September 14, 2021 by Syed Ahad

The Russian central bank has suggested domestic commercial banks that they should block their clients’ crypto exchange-related card and e-pay transactions. The Bank of Russia spoke of the requirement to mold out internet-based “shadow economy”-related businesses. It named on domestic banks and e-pay operators to recognize all accounts and e-wallets belonging to “illegal business activities” … Read more

Businesses expand further into crypto as institutional interest jumps

September 14, 2021 by Web Desk

RIYADH: The two leading cryptocurrencies extended losses with Bitcoin falling 3.91 per cent to $44,126.75 at 5:29pm Riyadh time and Ether slipping 7.8 per cent to $3,165.26, Arab News quoted the data from CoinDesk. Despite the decline, different companies around the world are investing in cryptocurrencies and countries devising policies to regulate these digital coins. Nasdaq-listed MicroStrategy … Read more

Dogecoin Price Prediction: A Breakout Coming up?

September 13, 2021 by Syed Ahad

Dogecoin (DOGE) is trading in a pretty tight range later the late Sunday’s effort to move past the resistance zone of 0.2500 was failed. Since its drop on Friday, its price travels have been within a flat channel of between Friday’s low of 0.2357 and a little above the 50-day EMA (Exponential Moving Average) at … Read more

Despite regulatory issues, crypto-currencies gain acceptance

September 9, 2021 by Web Desk

RIYADH: Bitcoin traded lower on Wednesday falling by 8.75 per cent to $46,277.57 at 4:55 p.m. Riyadh time while Ether, the second most-traded crypto-currency slipped by 9.42 per cent at $3,394.98, according to data from CoinDesk, Arab News reported. Threat of a US lawsuit against crypto exchange Coinbase Global Inc. underscored the rocky road ahead for crypto-currencies. … Read more

Charles Hoskinson: ‘after El Salvador accepts BTC, more countries will admit BTC’

September 8, 2021September 8, 2021 by Syed Ahad

Cardano founder, Charles Hoskinson guessed that accepting bitcoin by El Salvador is a great victory for the crypto industry.

Hoskinson expects that the acceptance of BTC by El Salvador will encourage other countries as well to adopt crypto.

Hoskinson said, “The majority of people under the age of 25 have a positive view on cryptocurrencies, and a lot of them own them. That’s the future. Their children will grow up with those values and those beliefs about the nature of money,”

Hoskinson further forecasted that other countries will move into the crypto industry by accepting crypto as part of varied government structures.

He further added that “In the coming years, many more nation-states will use crypto as part of their monetary policy, either as reserves in their central banks or using cryptocurrency rails for central bank settlements, or potentially just simply taking a cryptocurrency — as El Salvador has done — and make it the national currency.”

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Taiwan police arrest 14 individuals for crypto scamming

September 7, 2021 by Syed Ahad

Police of the Taiwan administration have under arrest 14 individuals for running a $5.41-million (150 million New Taiwan dollars) investment cheat over the past year, including more than 100 cryptocurrency investors.

The accused has been charged with fraud, money laundering, and violations of the Organized Crime Prevention Act by the Criminal Investigation Bureau.

CIB investigator Kuo Yu-Chih said that the scam was controlled by a local businessman named Chen, who ran the operation on social media platforms. Chen was also reportedly running Azure Crypto Co, a Taipei-based platform that provides many investment services, together with cryptocurrency transactions.

He explained:

“Chen and his staff set up Web sites, and allegedly used photographs of pretty women to attract mainly male victims, many of whom were in retirement with substantial savings.”

According to Kuo, Chen and his team of scammers guaranteed great returns on cryptocurrencies such as Ether (ETH), Tron (TRX), and Tether (USDT) although giving themselves as financial advisers specializing in cryptocurrency mining.

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SHOP.COM, an online retailer currently accepting crypto payments

September 5, 2021 by Syed Ahad

SHOP.COM an American e-commerce platform currently accepts cryptocurrency payments succeeding in a collaboration with payment provider BitPay.

The partnership lets customers pay for their stuff through the BitPay wallet at the checkout phase.

Presently, customers can pay with Bitcoin (BTC), Bitcoin Cash (BCH), Ethereum (ETH), Wrapped Bitcoin (WBTC), Dogecoin (DOGE), Litecoin (LTC), and an array of stablecoins including GUSD, USDC, PAX, DAI, and BUSD.

So proud to announce @ #MAIC2021 @shopcom is now accepting #Bitcoin , #Dogecoin, #Ethereum and more on our https://t.co/TuHqELtRWX US/CAN (more countries to follow) sites through BitPay. Low processing fees. Plus seeing how @mcuban @dallasmavs and others integrated it. Win-Win

— Steve Ashley (@steveashley) August 31, 2021

COO & President of SHOP.COM, Steve Ashley, defined the partnership as the “next chapter in purchasing products on all SHOP.COM sites” and highlighted the BitPay addition was obtainable international in all of the countries Market America works in.

“Today I’m announcing that SHOP.COM is going to be offering Bitcoin, Ethereum, and several other cryptocurrencies through BitPay,” he said.

He further said,

“We’re going to be offering this at SHOP.COM sites worldwide in all of our Market countries. We went with BitPay because they are the industry leader. They are the world’s largest in Bitcoin and crypto payment services.”

BitPay is a crypto payment service provider that allows wholesalers to handle and settle crypto payments.

BitPay presently collaborated with services such as Shopify, Microsoft, and Shopify, and newly publicized it will support Google Pay and Samsung Pay in its wallet.

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Bitcoin price is attempting to break out of its current downward trend

September 5, 2021September 5, 2021 by Syed Ahad

In spite of the dreary bitcoin presentation in September in history, this current year may be an outlier to this movement if the present market momentum perseveres.

Bitcoin (BTC) has been brawling to break the $50,000 mark for over 10 days now.

But, on Sept. 2, the finest cryptocurrency concisely exceeded the milestone, referring to optimistic waves through the market. Since then, the token has fallen below the mark to trade in the $49,000 range previously recovering to hit the $50,000 mark yet once more on Sept. 3.

In history, September has been one of the more dreary months for BTC. A look at the monthly price statistics since 2013 discloses that the token has sent optimistic gains in September two times in eight years — in 2015 and 2016 — with an extreme of 6%, which could be measured to be nearly flat.

Pete Humiston, manager of Kraken Intelligence — the research division of the Kraken exchange — said about what this tendency can mean for this year:

“September is historically Bitcoin’s worst-performing month. That said, it has been verging on $50,000 for the past three weeks or so now. Should Bitcoin stage a breakout above this psychologically significant milestone, it could renew investor interest and spark the momentum needed to carry it all the way back to $60,000.”

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When compared to Bitcoin, the price of Ethereum breaks $3,500

September 2, 2021 by Syed Ahad

On Wednesday, Ether (ETH), Ethereum’s native asset, extended its rise to multi-month highs against Bitcoin (BTC) and the US dollar.

Cryptocurrency touches its top levels compared to Bitcoin and the dollar in more than three months.

The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. In the meantime, bids for ETH/USD scaled 3.4% to $3,546, the uppermost since May 18, showcasing a transformed benefit gush in the second-largest cryptocurrency market after it consolidated oblique for more than 3 weeks.

Ether’s price jump seemed in spite of a trembling price behavior across the cryptocurrency market. For example, Bitcoin prices continued to trap around $47,000 while judging a pure escape move above their psychological resistance level of $50,000.

Likewise, one of Ether’s highest rivals, Cardano (ADA), also consolidated indirectly following its 100%-plus price rally in August, although its market supremacy chops from 4.54% between Aug. 8 to 4.26% at the period of writing.

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Binance Coin BNB is still one of the most bullish cryptocurrencies

August 27, 2021August 27, 2021 by Syed Ahad

The coin of Binance is increasing its value one more time, as it continues to rise until yesterday, whereas the other cryptocurrency market decreasing in the last some days.

The price increase to $518 yesterday, which means furthermore than doubling up its value after the smash in May.

That is more than bitcoin’s 70% higher from lower $30,000 and even earlier the trend curved bullish, BNB coin was presenting strength point.

Until May and July Binance coin was higher low point throughout the bearish period when most of the cryptocurrency market was declining.

Binance coin had a high increase of 20 fold in the starting months of this year. That strong flow seems to continue yet again for BNB coin, in spite of Binance exchange being investigated by the banking institution, which is coming from governments.

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