CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, TEZOS News
Bitcoin Picks Up $ 16,500 As All-Time High Comes Into The Game
Bitcoin’s rise shows no signs of slowing down.
Bitcoin hit its highest price since January 2018 during the Asian trading session on November 13 in the morning, peaking at $ 16,490, according to Tradingview.com. The massive move was based on the momentum of November adding another 5% to the king of crypto in the last 24 hours.
BTC is up 7% this week alone, and has risen 20% since the start of the month less than two weeks ago, outperforming nearly all other traditional asset classes.
Ethereum closure above $ 470 could trigger a rise to $ 500
Ethereum is showing positive signs above the $ 455 support against the US dollar.
Ethereum remained selling well above the $ 450 and $ 455 support levels. ETH price even broke through the $ 460 resistance level and settled well above the 100-hour simple moving average.
BitPay Launches Massive Cryptocurrency Payments For Businesses
BitPay Send allows companies to make massive crypto payments around the world without storing the cryptocurrency on their own.
Crypto payment service provider BitPay has launched BitPay Send, a new blockchain-based bulk payment platform for businesses.
BitPay Send allows organizations that don’t want to process or own cryptocurrency to process crypto payments in bulk. It can be used to pay salaries, pay contractors or affiliates, and process customer chargebacks and reward programs. Available in 225 countries, recipients need to pass KYC and have a crypto wallet.
Marathon Reports Record Quarterly Mining Revenue of USD 835K and Increase in Bitcoin Stocks
Las Vegas-based Marathon Patent Group Reports Record Quarterly Revenue
Las Vegas-based Marathon Patent Group reported a record quarterly Bitcoin mining revenue of $ 835,000 for the September period, up 160% over the same period last year.
In the third quarter, the company acquired about 11,000 new mining ASICs.
Hut 8 Mining Revenues Down 43% In Q3 Despite Increasing Hash Power
Hut 8’s third-quarter revenue was down 80% year-over-year.
Toronto-based Hut 8 reported mining revenue of C $ 5.3 million, down 43% from the previous quarter, but the bitcoin mining company has confirmed its plans to expand its hash power as the price of the cryptocurrency continues to grow.
How to buy bitcoins with PayPal
PayPal may be ubiquitous as an online payment system
In November 2020, PayPal announced that all US account holders will be able to buy and sell cryptocurrencies, including bitcoins, through its platform. The news follows his announcement in October 2020 that he will present options for buying and selling cryptocurrency through a partnership with Paxos Crypto Brokerage.
Tezos Delphi upgrade to reduce gas consumption
Gas consumption in the Tezos blockchain has been significantly reduced.
A few months after drafting the last protocol proposal, Tezos has officially launched its fourth network update in two years. Called Delphi, it was launched earlier and aims to drastically reduce gas consumption along with other “minor fixes”.
Why UNI Yield Farms closure is bad for Uniswap
With only five days left until closing time, Uniswap farmers are nervous.
Today, Uniswap is still in first place with more than $ 3 billion locked in, and over 80% of that is used for the UNI token farm. In five days, on November 17, these incentives will end and over $ 1.2 billion in Ethereum will be “released” in addition to the huge amount of UNIs that can be traded.
Binance.US digital asset marketplace is now available in North Carolina
Binance.US has now expanded its digital asset trading services to include North Carolina investors.
North Carolina will become the 41st state in which Binance’s US-based digital trading unit will be available. Binance.US, which debuted in September 2019, is expanding rapidly as it currently serves 80% of the US. The trading platform is available to both institutional and retail investors and boasts over 50 cryptocurrencies with over 100 trading pairs.
Beam Launches Privacy-Focused DeFi Platform Called BeamX
DeFi developers will be able to take advantage of Beam’s privacy-focused BeamX platform.
The mimblewimble-based Beam private coin development team will launch the DeFi platform, allowing developers to create confidential, decentralized and user-friendly financial applications.
The platform, dubbed BeamX, will launch on November 19, the first iteration will be the experimental network, and the mainnet is due to release in the first quarter of 2021.
The new platform also plans to include other applications such as decentralized exchanges, automatic market creation like Uniswap, algorithmic stablecoins like DAI, lending, packaged assets and NFT tokens.
Beam launches BeamX