CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, COINBASE News

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, COINBASE News thumbnail

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, COINBASE News
Bitcoin struggles below $ 35k
Bitcoin price failed to break through the key $ 36,000 resistance zone against the US dollar.

After the bitcoin price was only $ 30,312, the price started to rise again. BTC broke through the resistance levels of $ 32,000 and $ 34,000 and moved into positive territory.
There was a break below the $ 34,000 level and the 100-hour SMA. The price even broke the 50% Fibonacci retracement level of the upward movement from the $ 30,312 low to the $ 36,617 high.

Ethereum Faces Significant Hurdles: Why 100 SMA Could Spawn Another Rally
ETH is currently trading well below the 100 hour SMA and $ 1,100.

The resistance levels of $ , $ 1100. and $ were broken by the ETH price. It even climbed above the $ 1,120 level.
However, the bears were protecting the main resistance area around $ 1,150 and the 100-hour simple moving average. A high of $ 1152. was reached before the price began to decline again. The support levels of $ , $ 1100 and $ were broken.

PayPal’s cryptocurrency trading volume is skyrocketing amid massive bitcoin volatility
Yesterday’s trading session saw huge volatility, which led to an enormous amount of cryptocurrency being traded on PayPal
.
According to Nomics, there has been a steady increase in cryptocurrency trading volume. However, yesterday’s largely volatile trading day resulted in a new all-time high of over $ 240 million – almost double the previous record day of January 6, 2021.

Plaid is rescinded by Visa for $5.3 billion due to antitrust laws
of the Justice DepartmentThe Justice Department announced that the $5.3 billion deal was canceled.

After a Justice Department lawsuit that was filed last year, the US Department of Justice announced that two companies had officially cancelled a $5.3 billion merger.
2020, The Justice Department filed a civil lawsuit against the Justice Department to stop the merger. It claimed that Visa has a monopoly on online debit and is charging merchants and consumers billions of dollars each year to process online transactions.

Marathon Announces $ 250 Million Registered Direct Offer of Common Shares
Marathon Patent Group announced it had entered into securities purchase-sale agreements with several institutional investors.

The Marathon Patent Group, a patent holding company and parent company of Uniloc, known for its bitcoin mining, announced that it has entered into securities purchase agreements with several institutional investors to buy and sell 12,500,000 shares of its common stock through a registered direct offering. at the placement price of $ 20.0 per share.

Fidelity International raises stake in cryptocurrency exchange operator Hong Kong
BC Group received another seal from Fidelity.

Fidelity International increased its stake in Hong Kong-based cryptocurrency firm BC Technology Group less than a year ago. The investment subsidiary of the Boston-based mutual fund giant has donated nearly $ 7 million more for a total stake of 6.29%.

Largest blacknet market shut down in Germany
after arrest of alleged operatorDarkMarket was the largest illegal online marketplace in the world.

The 34-year-old Australian accused of running the world’s largest darknet market has been arrested by German authorities near the border with Denmark.
According to a Europol report, DarkMarket was taken down on January 11 following an investigation by German investigators with the assistance of Europol and seven other countries.
The illegal site processed over 320,000 transactions, had about 500,000 users and more than 2,400 providers. More than 140 million euros in bitcoin and monero have changed hands on the site.

Top 100 Bitcoin Addresses Accumulate $ 11 Billion More BTC In The Last 30 Days
The 100 richest Bitcoin addresses have bought almost 350,000 more bitcoins in the last 30 days.

The 100 richest bitcoin addresses are getting more optimistic, accumulating 16% more bitcoins in the last 30 days.
In total, these addresses added another 334,000 bitcoins to their bags, which is about $ 11 billion.

Ribbit Capital, Paradigm Leads $ 15 Million Series A For Indian Crypto Exchange CoinSwitch Kuber
Indian crypto exchange CoinSwitch Kuber raised $ 15 million in Series A.

Indian crypto exchange CoinSwitch Kuber has raised $ 15 million in Series A funding led by Ribbit Capital and Paradigm.
CoinSwitch has stated that this is Ribbit Capital’s first cryptocurrency-related investment in India, and Paradigm’s first investment in the country as a whole.