Ripple, a San Francisco-based blockchain company, is currently facing a lawsuit filed by the US Securities and Exchange Commission (SEC) in December 2020 regarding the illegal selling of securities in the form of XRP. Ripple CEO Brad Garlinghouse said that despite the lawsuit, the company has not experienced any fallout […]

Bitcoin prices extended losses on Friday as the US dollar gained alongside the long-term Treasury yields. Downside pressure on cryptocurrency remains amid expectations of modest job growth in the US. The technical support offered by the 20-period moving average on the four-hour chart maintains Bitcoin’s medium-term bullish outlook. Bitcoin dropped […]

Bybit, one of the leading cryptocurrency derivatives exchanges, announced on Friday its decision to wrap up its services for the United Kingdom-based clients from March 31, 2021. “If you are either a U.K. resident or citizen, please close all your positions and withdraw all account balances by 8 AM UTC, […]

Cardano (ADA/USD) bounces off a critical support trendline during the Asia-Pacific trading session Friday. The blockchain asset expects to close above key moving average waves on the prospect of turning into a multi-asset chain following its hard fork on March 1. Nonetheless, a death cross formation offsets the probability of […]

This week on CoinGeek Pulse, we head to the United States where the governor of the State of Nevada unveiled details of a proposed bill to create a Blockchain City. Nevada announced its plans to welcome developers using blockchain. The bill aims to lessen the state’s dependence on gaming and […]

Finally, after 12 years, cryptocurrencies got the attention they deserve. Bit by bit, after it conquered vendors and inventors, Blockchain set the stage for public institutions. It’s no wonder that people are so hyped by the idea of crypto, as it provides users with privacy and financial protection. This is […]

Canadian block reward mining operators Bitfarms Ltd. (TSXV: BITF) has confirmed its latest purchase of 48,000 new ASIC miners from MicroBT. Once operational, they expect the new miners to increase their hashing capacity by approximately 5.0 EH.  This purchase, announced via a press release, is a continuation of the growing relationship between […]

The cryptocurrency market is facing strong resistance from sellers as Bitcoin dropped below $47,000 for the first time in March. The overall market cap of digital currencies dropped from $1.55 trillion to $1.45 trillion in a single day. According to the latest data provided by crypto analytics firm Bybt.com, a […]

Ethereum failed to stay above $1,600 and it even traded below $1,500 against the US Dollar. ETH price is showing bearish signs and it could continue to move down towards $1,400. Ethereum started a fresh decline below the $1,550 and $1,500 support levels. The price is now trading well below […]