NEWS Archives - Page 126 of 134

June 30, 2021

Ethereum Classic Rallies by 98% on DCG ETCG Purchase Announcement

Ethereum Classic (ETC) touched a three-week high on Wednesday, following a $50 million investment by the Digital Currency Group and a goodish recovery in the broader crypto market. In the early hours today, the cryptocurrency jumped to a high of $63, a 98% increase from its June 22 low of $31.90. T...

#CRYPTOCURRENCY #ETC #Ethereum Classic #NEWS

June 29, 2021

Bitcoin Miners Mount Selling Pressure on BTC as Miners Migrate

Reports show that Bitcoin (BTC) miners have boosted their selling activities as the mining industry tries to steady itself from recent blows from China. While we witness the largest crypto mining migration in history, BTC mining hash power has fallen to record lows. According to Glassnode’s latest ...

#BITCOIN #BTC #CRYPTOCURRENCY #NEWS

June 28, 2021

Ethereum Gas Fees Fall to 6-Month Low Amid Sparse Network Activities

Ethereum (ETH) has recorded a new 6-month low in its gas fees. Along with the rest of the cryptocurrency market, Ethereum recently suffered a significant crash both in price and market capitalization since it touched a new all-time high at $4,370 in May. At press time, the second-largest cryptocurr...

#CRYPTOCURRENCY #ETH #Ethereum #Gas Fees #NEWS

June 27, 2021

DeFi Coin Set to List on Exchanges for $0.20: All you Need to Know

After several months of fine-tuning and development, we are excited to announce that one of our flagship products, DeFi Coin, is finally getting listed on its first centralized exchange. Thrales End UK, June 27, 2021—DeFiCoins.io, developers of DeFi Coin, announced, today, the approval of listing o...

#CRYPTOCURRENCY #DEFC #DeFi Coin #NEWS

June 25, 2021

Ethereum Testnet Begins Burning ETH Ahead of EIP-1559 Modification

The Ethereum (ETH) London hard fork got launched on the Ropsten testnet yesterday in anticipation of the mainnet rollout in July. This impending upgrade will implement the highly-anticipated EIP-1559 modification, which should adjust the Ethereum transaction fee calculation mechanism. Meanwhile, th...

#CRYPTOCURRENCY #EIP-1559 #ETH #Ethereum #NEWS

June 24, 2021

Bitcoin to Hit $25,000 at GBTC Unlocking: JP Morgan

Despite having recovered decently from its recent crash, JP Morgan strategists believe that Bitcoin (BTC) still has a bearish gap to fill. In their latest memo detailing the performance of Bitcoin, the strategists highlighted the upcoming GBTC unlocking as a bearish event for BTC and that it could ...

#BITCOIN #BTC #CRYPTOCURRENCY #Grayscale #JP Morgan #NEWS

June 23, 2021

Dogecoin Rebounds as Investors Anticipate Positive News from Canada

Dogecoin (DOGE), along with most of the cryptocurrency market, has recorded a decent rebound following the debilitating crash recorded over the past few days. At press time, DOGE trades at the $0.2130 level and is up by about 14%. This rebound comes after dropping by over 40% over the past 48hours,...

#CRYPTOCURRENCY #DOGE #DOGECOIN #NEWS

June 22, 2021

Bitcoin Slumps Following Ban from the Agricultural Bank of China

The third-largest bank in China has published a statement detailing a complete ban prohibiting its customers from facilitating Bitcoin (BTC) and cryptocurrency transactions. Notably, the Agricultural Bank of China is also one of the largest banks in the world. The bank noted that customers’ account...

#BITCOIN #BTC #China #CRYPTOCURRENCY #NEWS

June 21, 2021

Ripple vs. SEC: Crypto Mom Calls for Better Regulatory Clarity

In a recent interview with Bloomberg, US Securities and Exchange Commissioner Hester Peirce noted that Ripple, or any other cryptocurrency, does not necessarily have to be a security for the issuer to get sued by the Commission. Pierce, popularly known as the “Crypto Mom” because of her pro-crypto ...

#CRYPTOCURRENCY #NEWS #RIPPLE #SEC #XRP