CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, TETHER News, RIPPLE News

CRYPTO NEWS: Latest BITCOIN News, ETHEREUM News, TETHER News, RIPPLE News
Why Bitcoin Closing Below $ 38K May Cause More Serious Correction
The bitcoin price began a downward correction from the $ 41,000 zone against the US dollar.

After trading above the $ 40,000 level, the bitcoin price failed to increase profits. BTC traded around $ 41,000 and recently started a fresh decline. There was a break below the $ 40,000 and $ 39,200 support levels.
The price even fell below the $ 38,600 support level and the 100-hour simple moving average. There was also a break below the key bullish trendline with support near $ 38,550 on the hourly BTC / USD pair.
Why Ethereum Above $ 1650 May Start Another Surge
Ethereum began a downward correction and was trading below $ 1,600 against the US dollar.

After setting a new all-time high around $ 1,760, Ethereum began a short-term downward correction. ETH was trading below the $ 1650 and $ 1600 support levels. There was also a break below the $ 1,560 support level and the 100-hour simple moving average.
Ether tested the $ 1,500 support zone and a low formed around $ 1,487. The price is currently moving upward and is trading above the $ 1,550 level.

Poolin Raises Another $ 10 Million From The Selling Bitcoin Hashrate Tokens Supported By Organizations
Poolin, announced that several well-known cryptocurrency venture capitalists have poured $ 10 million into their own bitcoin hashrate token.

The company said it has issued another 100,000 units of its pBTC35A token with a 30-day lockdown period to institutional sponsors including Three Arrows Capital, Hashkey, Fenbushi, FBG Capital, IOSG, Mindfulness Capital, and Ledger Prime.
Each pBTC35A is supported by one terahesh-second computing power on the bitcoin network, with an energy efficiency of 35W at TH / s.

CME is about to open its doors to ETH futures trading
CME Group is on the cusp of launching its highly anticipated futures product on air.

CME ETH futures were announced in mid-December with great fanfare. As per the contract details published on the CME website, futures are settled in cash and based on the CME CF Ether / Dollar reference rate. Each monthly contract represents 50 ETH - approximately $ 78,000 at the time of publication - with a minimum trade size of five contracts.

Dogecoin Gains Over 36% After Snoop Dogg Became Snoop DOGE
The Twitter-based DOGE show culminated in a Lion King-style meme photo.

The price of the dogecoin meme skyrocketed by more than 36% on January 7 after American rapper Snoop Dogg joined DOGE head booster Elon Musk and Kiss rock star Gene Simmons on Twitter the Shiba Inu meme, a dog breed, a day earlier.

Tether Market Cap Reaches $ 28 Billion As Exchanges Stablecoins Reach New High
As large chunks of Tether moved between exchanges, the data showed a sudden surge in the exchange's stablecoin reserves.

Since the spot market for most cryptocurrencies has been active, there has been an increasing and large-scale movement of stablecoins between exchanges. According to Whale Alert, over the past three to four hours, Huobi has sent Bitfinex at least ten transactions worth 20 million Tethers each. However, the nature of these transactions is not yet known.

Crypto exchanges attracted over 300 million website visitors in January
According to the data, in January, the number of visitors to the crypto exchange sites increased dramatically.

According to SimilarWeb, the cryptocurrency exchange has about 344 million visitors, which exceeds December's 196 million.
The data represents the highest point since January 2018, when exchange sites attracted roughly 531 million.
Additional data shows that Binance has continued its streak with approximately 28.8% of total visitors. Binance is followed by Coinbase and Kraken.
Crypto exchanges attracted over 300 million visitors

German scammer refuses to provide police passwords for $ 60 million bitcoin wallet
German authorities seize Bitcoin wallet containing 1,700 BTC

German authorities have seized a bitcoin wallet containing 1,700 BTC worth about $ 60 million at current price. However, the wallet owner refuses to cooperate in revealing the password.

XRP Remains Popular Despite SEC Lawsuit, Ripple Report
Ripple XRP sales in Q4 2020 were very strong despite legal troubles from the SEC.

XRP trading volumes are up 400%, according to Ripple, and the company has attracted a record number of customers for its on-demand liquidity service.