Tag Archives: rise

[ad_2][ad_1] Cryptocurrency-related crimes slowed in 2020, but certain sectors within the cryptocurrency industry have become a new hotbed for criminal activity, a new report says. Citing leading crypto analytics firm CipherTrace, Reuters reported on Nov.10 that total losses from cryptocurrency theft, hacks and fraud decreased from $ 4.4 billion in …

[ad_2][ad_1] A very interesting thing has been happening lately. As bitcoin makes another attempt at $ 20,000 – a figure it hasn’t seen in nearly three years – the currency’s positive vibes are dying out on other coins, such as Ripple’s Ethereum, Litecoin, Chainlink, and XRP, all of which have …

[ad_2][ad_1] LONDON – Bitcoin’s rally above US $ 15,000 has reignited debate over whether the cryptocurrency is so-called digital gold or a dangerously risky bet as investors grapple with the coronavirus pandemic. The world’s most popular virtual drive gained over 30% in value in nearly three weeks through Friday, bringing …

[ad_2][ad_1] Hot spot markets are mainly fueling bitcoin’s recent rally as the major cryptocurrency trades at three-year highs around $ 15,500, suggesting the bull market may have room to continue. Unlike previous rallies, derivatives markets are playing a much less prominent role, demonstrated by moderate liquidation volumes. The presence of …

[ad_2][ad_1] According to official Tether transparency data, the USDT’s market cap exceeded the $ 17 billion mark for the first time, reaching over $ 17 billion in total assets. Tether’s market capitalization grew exponentially in 2020. In mid-September, Tether’s market capitalization increased nearly fourfold since the start of the year, …

[ad_2][ad_1] On November 6, the price of Ether (ETH) jumped to $ 447 on Binance while the price of Bitcoin (BTC) returned to the $ 15,500 level after losing around $ 15,900. Based on Ether’s strong momentum, traders expect a broader rally to emerge in the near term. There are …

[ad_2][ad_1] Litecoin price is gaining momentum above $ 60.00 against the US dollar. LTC is likely to continue to rise (similar to bitcoin) towards $ 70.00 or $ 75.00 in the short term. Litecoin started a strong rally above the $ 55.50 and $ 58.00 resistance levels against the US …

[ad_2][ad_1] The Iranian government has adopted bitcoin for international trade as the country’s economic crisis worsens, with the increase in Covid-19 cases, the depreciation of the rial and the intensification of sanctions imposed by the US government. Iran’s economic woes amplified Iran is experiencing a severe economic crisis as Covid-19 …

[ad_2][ad_1] The digital economy has seen a steady increase in crypto technology by young Nigerians and startups, to pay for goods and services. Nigeria’s information and communication sector (digital economy) grew by 15.09% in real terms in Q2 2020, compared to growth of 9.99% in Q1 2020 and 9.01% in …

[ad_2][ad_1] Bitcoin (BTC) is sucking volume out of the entire cryptocurrency market as it continues to grow. This is causing a pullback in the alternative cryptocurrency (altcoin) market, which has seen increased selling pressure and low demand from buyers. On October 30, Santiment researchers spotted Bitcoin’s growing volume and dominance, …