Cryptocurrency & Blockchain breaking news

When cryptocurrency was first rolled out 11 years ago, the world showed distaste for the new mode of payment. Many countries marked it illegal, while most big companies took it as a “joke,” but things soon changed. Some of the world’s biggest brands now have or plan to have their own crypto or at least accept it as a medium of payment.

Interestingly, Ethereum bulls have broken the $400 overhead resistance after two weeks of price tussle between buyers and sellers. The biggest altcoin has attained a new high of $440.

After several downward moves, Ripple rebounded above $0.28 support. The rebound tested the $0.30 high but faced rejection.

The US law enforcers go on with their campaign against terrorism financing. Now, they have blocked and confiscated around $2 million worth in cryptocurrency from accounts allegedly involved in terrorism financing.

Litecoin range bound movement has continued unabated because buyers failed to break the $60 resistance. About 24 hours ago, LTC rebounded above the $54 to reach a high of $58.

In the last 24 hours, BCH rebounded above $280 as buyers pushed the coin to the previous high. Today, BCH is facing rejection at the $300 high after a brief upward move.

Investors are constantly looking for ways to make more money year in year. However, today's venture capitalists are caught in the confusion of which assets to put their money in. The debate investors are faced with now is choosing between traditional finances and crypto-assets or both.

The Russian intelligence agency has developed a new artificial intelligence (AI)-based system to track and de-anonymize Bitcoin (BTC) and other cryptocurrency transactions. Does it mean that privacy coins will lose their popularity?

Today, ETH is trading at $389 as the market continues its fluctuation below the $400 resistance. Buyers have been unable to break the current resistance because of some factors.