Category: Crypto News

Is Crypto Giant Grayscale Preparing to Support Chainlink?

Crypto sleuths have discovered a document that suggests the crypto asset management giant Grayscale could be gearing up to support Chainlink (LINK). A popular Chainlink enthusiast on Twitter discovered the documents, and warns the filing could be an elaborate hoax designed to pump the coin. Grayscale Chainlink Trust (LINK) Filed on December 18th, 2020 as

Top Crypto Analyst Says He’s ‘Backing the Truck Up’ To Buy 7 Altcoins As Ethereum and Bitcoin Tumble

A popular crypto analyst who correctly called Bitcoin’s bear market bottom in 2018 says he’s loading up on several altcoins as Ethereum and Bitcoin suffer price pullbacks. Smart Contracter tells his 84,000 Twitter followers that BTC could be en route to the $26,000 level after failing to hold onto $33,000. He’s sharing a chart from

Coinbase Bump Alert: US Exchange Announces Support for Crypto Asset on Custody Platform

A new Ethereum-based token is receiving a big boost from Coinbase. The top US exchange just announced that it is now supporting deposits and withdrawals of Rally (RLY). Coinbase is an investor in Rally, which is an incentivization platform designed to allow people to easily create their own branded cryptocurrency on the Ethereum blockchain. The

Top Trader Says He’s Heavily Investing in New Crypto Asset – Here’s the Scoop on Akash Network

A popular crypto analyst and trader says he’s accumulating a new crypto asset in large numbers. The pseudonymous crypto strategist, known in the industry as Altcoin Psycho, explains to his 83,700 Twitter followers why he’s bullish on Akash Network (AKT). “I’ve got my new favorite altcoin. AKT – Akash Network 1) Live main net w/

Janet Yellen Says She’s Concerned About Illicit Use of Crypto Assets, Chainalysis Finds 0.34% of Transaction Volume Connected to Crime

Former Federal Reserve chair and Treasury secretary nominee Janet Yellen is addressing the potential use of cryptocurrency for illicit financing. Speaking at a confirmation hearing with the U.S. Senate Finance Committee, Yellen answered questions from Senator Maggie Hassan about the potential for terrorists to use digital assets to fund illicit activities. “Cryptocurrencies are a particular

First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High

The Ethereum blockchain ecosystem is growing fast with decentralized finance, or DeFi, and some traders say the cryptocurrency ether could notch further gains after hitting a new all-time high price. Jan 20, 2021 at 2:14 p.m. UTC First Mover: What’s Next for Ethereum After Cryptocurrency Hits All-Time High Bitcoin (BTC), the largest cryptocurrency, was down