Jerry Palen - CryptocyNews.com

China’s Bitcoin Hash Rate has Dropped Down to 50%

July 22, 2021 by Jerry Palen

There was a time when China was the main player when it came to crypto mining and especially Bitcoin mining due to the cheap availability of modern hardware and cost-effective electricity. China was the very center of Bitcoin mining. But all of…

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Binance Decides to Halt Tokenized Stock Services

July 20, 2021 by Jerry Palen

Binance is the largest cryptocurrency exchange platform in the world by trading volume. However, the exchange giant has been facing issues with regulatory bodies in many countries at present. Binance has recently decided to halt the tokenized stock services recently. The tokenized…

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US Treasury Secretary Janet Yellen Calls for a Regulatory Meeting to Discuss Stablecoins

July 19, 2021 by Jerry Palen

The recently appointed secretary of Treasury Janet Yellen called for a meeting on the subject of stablecoins. She told the media last Friday that an interagency coordination and communication event is to take place to deal with the stablecoin projects. The President’s…

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Payment Behemoths VISA and Mastercard Acknowledge Binance Despite the Current Regulatory Pressure

July 19, 2021 by Jerry Palen

Binance is once again the media spotlight for all the wrong reasons. It is considered one of the largest crypto exchange platforms in the world. There are many critiques of Binance; however, two global payment giants have recently endorsed the crypto trading…

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BNB Trades over Horizontal Support after a Breakout

July 18, 2021 by Jerry Palen

Briefly – Binance Coin has completed the double bottom formation. The altcoin has broken out of the declining resistance level. BNB price is moving up at the moment. As of today, BNB completes its double bottom pattern. With such price movements, the…

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Bitcoin Traders are Withdrawing 2k BTC from Centralized Exchanges Daily

July 14, 2021 by Jerry Palen

There is something bizarre going on with Bitcoin traders; usually, the trend is to fill up the centralized exchanges with Bitcoin and to keep it there until prices skyrocket, and then the whole batch is liquidated at a profitable rate. But this…

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According to Steve Wozniakniak, Bitcoin is a Mathematical Miracle

July 14, 2021 by Jerry Palen

Bitcoin is being taken as a cryptocurrency that is either pleasant for some to be adopted into new technological manifestations such as making it a payment option or comparing it to the gold as its digital version. But for some, it is…

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XRP Indecisiveness Risks a 12% Correction

July 13, 2021 by Jerry Palen

Briefly- Ripple’s XRP has had its price consolidating over the previous weeks, failing to show moves in any direction. The altcoin might plunge further with the multiple obstacles waiting. Increased selling pressure might suppress XRP’s bullish moves, sending the coin’s value down…

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Shiba Inu has Successfully Launched Much Awaited DEX Platform Called ShibaSwap

July 11, 2021 by Jerry Palen

It is a decentralized exchange platform that is operated via Ethereum. The new DEX has managed to generate a total value locked or TVL of more than $1.5 billion in a matter of two days. ShibaSwap is a yield farming project at…

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Another Mining Enterprise Halts its Operations in China amid State Crackdown

July 10, 2021 by Jerry Palen

The IBS Group is an independent crypto consultancy firm that has become one of the leading organizations in the industry. From the smallest to the largest crypto stakeholders in the world are aware of the ongoing crypto mining ban in China. The…

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Crypto Top Gainers of the Week: 2 July – 9 July

July 9, 2021 by Jerry Palen

On 7 July, AXS traded in its ATH. ONE and KCS break over their descending resistance zones. STZ and LUNA trade beneath horizontal resistance zones. Market analysts evaluated coins that saw massive gains in the week. They are: Axie Infinity (AXS) –…

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A New Forbes Article Claims that Bitcoin is the Best Asset Invention of the 21st Century

July 8, 2021 by Jerry Palen

A new article published by Forbes has been making rounds in the crypto community. The topic of the article deals with the subject of financial independence and liberty. The author of the article, Jameson Lopp, posits that there is no better and…

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Philippine Stock Exchange (PSE) has Finally Taken into Consideration the Matter of Cryptocurrencies

July 8, 2021 by Jerry Palen

The Philippines has recently woken up to the existence of digital assets. As a result, the spokesperson for Philippine Stock Exchange (PSE) has reportedly decided to address the increasing number of cryptocurrencies and trading going on in the region. According to the…

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$31 Billion worth of ADA Tokens are Staked on the Blockchain Platform

July 3, 2021 by Jerry Palen

Cardano’s native token ADA is currently valued at about $1.37 as the fourth-largest cryptocurrency by market cap. At present, the highly anticipated upgrade of smart contracts is approaching faster for the third generation blockchain project. However, after the successful deployment of the…

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Earn a Living with Crypto – Trading and Other Ways

July 3, 2021 by Jerry Palen

Crypto trading is the purchasing and selling of digital coins via crypto exchange platforms. With the crypto platforms, you will access the market and leverage various tradeable instruments. You might have heard how the crypto market benefits early investors. Do you think…

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Even Elon Musk can’t Make Dogecoin Rally Anymore

July 3, 2021 by Jerry Palen

Despite being known as an accomplished billionaire and the CEO of Tesla and SpaceX, Elon Musk is also known by one more attribute, and that is being an influencer when it comes to the crypto market. Musk was a die-hard fan of…

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Tredero Review – Is Tredero Scam or a Legit Crypto Broker?

July 1, 2021 by Jerry Palen

Tredero Review Tredero is an online brokerage firm that aims to help traders and investors in making their careers in the field of trading. As trading is a difficult task to comprehend, so the broker is assisting people in overcoming their shortcomings….

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Tesla CEO Elon Musk is once again Siding with Dogecoin to Overtake the Bitcoin Market

June 29, 2021 by Jerry Palen

Recently, Elon Musk took to Twitter once again to make an important announcement about Dogecoin. At press time, DOGE is trading for $0.258 and has been out of the press for quite some time. The EV enterprise CEO endorsed a new proposal…

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The Government of Iran is Issuing more Crypto Mining Licenses Amid Chinese Crackdown

June 29, 2021 by Jerry Palen

Iran is one of the places in the world where Bitcoin miners are found in a significant amount. Currently, the Bitcoin miners in the region are being incentivized by the government for jump-starting their rigs. As reported by the local news outlet…

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What are Stablecoins?: An Ultimate Beginner’s Guide

June 29, 2021 by Jerry Palen

If you’re familiar with cryptocurrency in general, then you know how big of an issue price stability has been in the crypto industry from the very beginning. You’ve probably heard of the time when Florida man Laszlo Hanyecz infamously traded 10,000 BTC…

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Name	Price	24H (%)
Bitcoin (BTC)	$98,471.00	2.34%
Ethereum (ETH)	$3,311.72	1.12%
Tether (USDT)	$1.00	0.47%
BNB (BNB)	$622.71	1.69%
XRP (XRP)	$1.45	30.67%
Cardano (ADA)	$0.91	17.53%
Chainlink (LINK)	$15.20	2.49%
Polkadot (DOT)	$6.22	8.09%
Litecoin (LTC)	$90.10	2.45%
Uniswap (UNI)	$9.43	3.00%

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Author: Jerry Palen

China’s Bitcoin Hash Rate has Dropped Down to 50%

Binance Decides to Halt Tokenized Stock Services

US Treasury Secretary Janet Yellen Calls for a Regulatory Meeting to Discuss Stablecoins

Payment Behemoths VISA and Mastercard Acknowledge Binance Despite the Current Regulatory Pressure

BNB Trades over Horizontal Support after a Breakout

Bitcoin Traders are Withdrawing 2k BTC from Centralized Exchanges Daily

According to Steve Wozniakniak, Bitcoin is a Mathematical Miracle

XRP Indecisiveness Risks a 12% Correction

Shiba Inu has Successfully Launched Much Awaited DEX Platform Called ShibaSwap

Another Mining Enterprise Halts its Operations in China amid State Crackdown

Crypto Top Gainers of the Week: 2 July – 9 July

A New Forbes Article Claims that Bitcoin is the Best Asset Invention of the 21st Century

Philippine Stock Exchange (PSE) has Finally Taken into Consideration the Matter of Cryptocurrencies

$31 Billion worth of ADA Tokens are Staked on the Blockchain Platform

Earn a Living with Crypto – Trading and Other Ways

Even Elon Musk can’t Make Dogecoin Rally Anymore

Tredero Review – Is Tredero Scam or a Legit Crypto Broker?

Tesla CEO Elon Musk is once again Siding with Dogecoin to Overtake the Bitcoin Market

The Government of Iran is Issuing more Crypto Mining Licenses Amid Chinese Crackdown

What are Stablecoins?: An Ultimate Beginner’s Guide