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Decentralized exchanges [DEXs] has recorded phenomenal growth in 2020. And it is not the user base that has been accelerating at a tremendous pace. DEX volume too has shown a significant surge over the last couple of months. And this rapid growth has continued to extend this month as well. According to the latest figures
Amid the rising crypto crimes in Regina, the local police have issued a warning to the citizens not to fall prey to scammers. A police poster in Regina warns against sharing personal financial details with unknown persons over the internet. The poster strictly warns against fraudulent Bitcoin schemes. After a surge in crypto crimes in […]
Crypto activity continues to flourish worldwide, according to a new cryptocurrency adoption index published by the blockchain intelligence firm Chainalysis. The researchers compile onchain digital currency retail value transferred, onchain crypto deposits, peer-to-peer exchange volume, and other types of methodology. Chainalysis recently published a new report called the “2020 Geography of Crypto,” a study that […]
MIX Group, a Filecoin mining company is threatening to fork the blockchain digital storage ahead of its mainnet launch. MIX Group chairman, Weiping Han, said at a press conference that he has the support of many Filecoin miners and influential VCs such as Jun Du, co-founder of Huobi and founder of Node Capital for the […]
After its initial token launch in June, TrustSwap, a smart contracts payments platform announced in a blog that Chainlink’s Price Reference Data – its decentralized oracle network – had been integrated with TrustSwap’s SmartLock and SmartEscrow products in order to determine fees associated with token-locking services. TrustSwap believed that Chainlink’s ETH/USD price oracle, which sources […]
Decentralized finance has been the talk of the town for the last few months, seeing unprecedented growth since June this year, In just six weeks, the amount of ETH locked into these decentralized platforms rose from just over $1 billion to nearly $10 billion. DeFi has provided thousands of people with access to financial services
Argentine Peso has taken another turn for the worse after the country’s central bank announced new Argentine foreign currency rules. The restrictive new rules governing foreign exchange transactions have put renewed pressure on Argentine Peso which was already struggling to hold on its own amid the pandemic. New foreign currency regulations caused an immediate 10 […]
Binance Coin follows the market into the high and the crash today. Market volatility affecting Binance Coin prices as well. Descending channel broken at $26.6 low. Analyst observes a crossroad pattern for the stable coin. The Binance Coin price line spiked above the $28.5 level on the 18th of September. The price volatility decreased as […]
The Wyoming Banking Board has granted crypto exchange Kraken a Special Purpose Depository Institution (SPDI) charter that’s recognized under federal and state law. Founded in San Francisco in 2011, Kraken applied for the banking license under Wyoming state laws shortly after the state introduced a comprehensive framework earlier this year to make it easier and […]
Uniswap has caused waves in the crypto market after minting its new governance token UNI and launching it in style by airdropping the token in huge amounts to thousands of its users. Following the announcement, Binance and Coinbase rushed to list the UNI token, as excitement flooded the market with users receiving a minimum of […]
Many more congressional and political candidates have turned to accepting bitcoin as a means of support for their campaigns. While they’re always open to cash donations, bitcoin has become something of a norm for many people running for office. The reason: because bitcoin is not controlled by banks. It is not recognized as legitimate money...
2020 saw Ethereum [ETH] briefly take over Bitcoin’s lead in the market. However, this growth was the result of the boom witnessed by the decentralized finance [DeFi] ecosystem. According to data provided by Skew, the price volatility of Ethereum and Bitcoin are converging. The converging spread of the Ether-Bitcoin 6-month at-the-money [ATM] Implied Volatility had […]
Bitcoin price hits $11,00 mark but unable to hold. Bitcoin facing extreme volatility. Bollingers band confirms volatility. Analyst believe a bearish formation may plunge Bitcoin in a retrace to $10,450. Persistent market volatility continues as the king of cryptocurrency hit $11,000 mark today but was unable to sustain. The Bitcoin price line observed a brief […]
Uniswap has gone live with a dedicated token to mass success, but concerns have emerged that the proverbial party could come to a halt if the Securities and Exchange Commission (SEC) looks too closely at the token.
Multiple mining groups in China have announced that they will fork Filecoin’s blockchain as they claimed to be dissatisfied with mining rewards, according to a report in Sohu.com, a Chinese media company. Moreover, the announcement has come just weeks before Filecoin’s mainnet launch in October. With regard to the fork announcement, Weiping Han, Chairman of MIX […]
Bakkt recently had witnessed a peak in the trading volume of physically-settled bitcoin futures on Tuesday, however, this was a short-lived peak. On Thursday, Bakkt’s trading volume for physically-settled bitcoin contracts surpassed previous ATH at $172 million and reached $178 million. Even though Bitcoin’s value is inching closer to $11,000 after a struggle in the
Dash Platform is planned to become a cloud system It will feature decentralized data storage The transaction will be conducted using usernames Dash Platform plans to develop into the cloud system while at the same time abandon the use of addresses in transactions. This information came from its CEO, Ryan Taylor. He revealed on September, […]
Micheal Saylor, the man behind one of the biggest independent publicly traded business intelligence companies in the world, explains in an interview with Anthony Pompliano why his company just took a massive position in Bitcoin. Referencing the counterintuitive rise in bonds and equities, Saylor tells Anthony Pompliano that there’s a problem with holding onto cash […]
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. The market of Bitcoin SV is clinging onto Bitcoin at the moment. As Bitcoin sustained its position above $10,900 for the time being, BSV also appeared to maintain close proximity to the resistance at $165. […]
Despite it’s recent (and brief) spike beyond the $11,000 range, bitcoin isn’t quite where we’d like it to be. The currency, while slightly bullish at the time of writing, isn’t exhibiting nearly the same price behavior it was weeks ago when it first rose above the $12,000 mark. If You’re Looking to Buy Bitcoin, Now...
Quick TakeDEXs are enjoying a moment in the sun relative to professional and institutional venues The trend reflects improvements to the usability of DEXs, as well as how retail is dominating the broader market
The 2020 US presidential elections are witnessing a rising tide of Bitcoin campaign contributions. The trend of cryptocurrency donations and contributions is helping cryptocurrencies achieve mainstream financial status. Cryptocurrency donations did not find many takers in the political arena. However, the tables have turned and today Bitcoin campaign contributions find favor among leading party candidates. […]
Members of European Union have decided to make use of distributed ledger technology and adopt crypto-assets such as stablecoins, by 2024, in order to introduce new regulations to make cross-border payments cheaper and quicker according to two EU documents received by Reuters today. According to the report, this move from the European Commission was a […]
Ripple XRP finds support at the $0.25 mark. Ripple price unable to break above $0.255 amidst volatility. Analyst The Ripple price line observed an upward curve on the 1-day chart for the 18th of September. The price line rose towards the $0.255 level, after which it returned to a rest near $0.25. 1-Day Ripple price […]
The Bank of England is now seriously considering implementing negative interest rates while the U.S. Federal Reserve has pledged to keep interest rates near zero for years. Some analysts say even the Fed will soon consider negative interest rates. Meanwhile, many expect a boost to the price of bitcoin. Central Banks Mull Over Negative Interest […]
The European Union (EU) intends to introduce a set of rules within the next four years that utilizes blockchain and crypto assets (like stablecoins) to improve cross border payments. In a report published by TheSun newspaper, it has been confirmed that two EU documents have explained the EU’s new strategy to encourage digital finance. Despite […]
Ethereum finds strong support at the $380 mark. Ethereum price fluctuating between $390 and $380. Market volatility confirmed on Bollingers Band a contributing factor. Analyst expect a breakthrough soon. Ethereum price observed a short-lived increase in price just as the calendar turned towards the 18th of September. Atlas Trades from Trading View is of the […]
Over the past year, many of the market’s altcoins have shown signs of decoupling from the price movement of Bitcoin, the world’s largest cryptocurrency. However, this wasn’t evident when the movement of the crypto-market in the month of September was assessed. In fact, while many of these alts did follow Bitcoin’s lead when BTC fell, […]
Just a day after Uniswap released its governance token UNI, fake Uniswap giveaways have emerged on the internet attempting to loot unsuspecting investors. Fake cryptocurrency giveaways rear their ugly heads from time to time again across popular websites such as YouTube. Surprisingly, each time at least a few people fall victim to this classic scam. […]
This week was nothing short of exciting. Bitcoin started trading at around $10,300 but was on a positive note throughout the entire time. It increased gradually, without any sharp and somewhat surprising movements, and managed to add about 6.5% to its value. The cryptocurrency tapped the important psychological and technical resistance at $11,000 but failed […]
Bitcoin broke $11,000 earlier this morning. Unfortunately for all of us, it didn’t last. The currency rose beyond the $11K level only to fall back to $10,800 – a $200 fall within just a few hours. This is exactly what happened when bitcoin first struck $12,000 in August. The behavior suggests that perhaps $11,000 is...
Business Intelligence Firm MicroStrategy created a massive buzz by announcing BTC purchase worth $425 million. Earlier this week, MicroStrategy CEO Michael Saylor disclosed how the company decided to pour almost half-a-billion dollar of their cash reserves into Bitcoin. Saylor also made some interesting revelations during his hour-long podcast interview with crypto evangelist Anthony Pompliano. Making
Coda rewards the community for testing their protocol Rewards are part of the existing Genesis founders program Coda is a lightweight blockchain protocol based on the zero-knowledge proof O1Labs, developer of Coda protocol has announced that their Testnet is moving in the next test phase just a year after it was launched. Taking part in […]
San Francisco-based venture firm, Blockchain Capital has joined Facebook’s Libra Association to make its network of experts and industry heads available to advise on the Association’s creation of a ‘global payment system,’ according to an announcement today. Libra’s head of policy and communications, Dante Disparte, said in the release that their new member, Blockchain Capital, […]
Litecoin price hits the $50 mark but unable to sustain. Litecoin is still set to rise above the $50 mark into an ascending channel. Increased volatility can be observed on the Bollingers Band. The Litecoin price line varied between the $48 and $50 levels on the 17th of September. Clark is a Trading View analyst […]
Coinspeaker Will DeFi Evolve to Become the Biggest Name in The Crypto Landscape?DeFi presented us the freedom to borrow finance, arrange loans, make deposits, and trade financial products without the need for any middlemen. But is it here to stay? Or maybe DeFi is just the next technology bubble? Will DeFi Evolve to Become the Biggest Name in The Crypto Landscape?
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. Just like Bitcoin, Binance Coin has been holding its own at the top of the recovery curve over the past week. Without undergoing a significant drop, Binance Coin has retraced from the support at $26 […]
Singapore, 18th September, 2020 – Smart advertising marketplace SaTT is proud to announce the listing of its namesake token SATT on leading digital assets trading platforms – KuCoin, a centralized exchange (CEX) and Uniswap, a decentralized exchange (DEX). Currently in the midst of its ICO, the SaTT project is making headlines across major news media […]
Coinspeaker Top 6 DeFi Platform Options for Crypto Users to Grow MoneyDeFi is continuously growing, however, only a few people in crypto world benefit from using such platforms. Here are Top-6 options that can be used to raise money in this way.Top 6 DeFi Platform Options for Crypto Users to Grow Money
Ethereum Classic Labs proposes MESS as a solution to 51% attacks. The blockchain has suffered about three attacks since this year. MESS will prevent 51% attacks by treating large block reorgs as suspect, making them too costly. The development team behind Ethereum Classic (ETC) blockchain may have found a workable solution that will prevent further […]
Bitcoin Bitcoin saw a positive 6% price increase this week as it edges its way toward the $11,000 level. The cryptocurrency was trading within a symmetrical triangle pattern last week after consolidating prior for 10-days. This symmetrical triangle broke over the weekend – providing the first signal that BTC was about to push higher. After […]
DeFi analyst David Hoffman thinks the rise of Bitcoin-pegged assets on Ethereum is a bullish development for both Ethereum and BTC. Crypto podcaster Luke Martin focused two of his shows this week on decentralized finance, noting that there’s now about $1 billion worth of tokenized BTC now living on Ethereum. Hoffman, the chief of operations […]
Bakkt’s cash-settled Bitcoin futures were launched in December 2019 on popular demand. Physically settled Bitcoin futures exposed traders to the risk of holding the asset and didn’t exactly fly among derivatives traders. Despite the initial roadblocks, cash-settled Bitcoin futures have doubled in volume in the past six months. What’s interesting is that it has maintained […]
Coinspeaker Nvidia Lawsuit: Firm Hoarding Its 2017 ‘Crypto Craze’ DocumentsNvidia’s representative noted that the plaintiff is a stakeholder of Nvidia and thus has an interest in the firm.Nvidia Lawsuit: Firm Hoarding Its 2017 ‘Crypto Craze’ Documents
Coinspeaker Poloniex and KuCoin Partner to Accelerate Industry InnovationTwo exchanges, Poloniex and KuCoin, thatare known to be rivals on the market have taken a decision to become partners. They intend to co-invest in researching and to explore new industry opportunities together.Poloniex and KuCoin Partner to Accelerate Industry Innovation
Coinspeaker Snowflake IPO Left $3.8 Billion on the Table, Largest Amount in 12 yearsSince the 2008 Visa IPO, Snowflake has so far made the largest "money left on the table".Snowflake IPO Left $3.8 Billion on the Table, Largest Amount in 12 years
The Argentine peso plunged by more than 10% shortly after the country’s central bank announced measures to tighten controls on the movement of foreign currency. The peso, which is officially pegged at 72 for every USD, touched new lows of 145 to the greenback on the black market. The latest plunge is seen as a […]