July 8, 2020

Kraken Security Labs Identifies Ledger Nano X Vulnerabilities: Funds Not at Risk, Ledger CTO Says

Kraken Security Labs found some vulnerabilities in the hardware wallet Ledger Nano X. The wallet is regarded by many as one of the most secure storage devices. Attackers Can Tamper Wallet Devices to Steal Crypto Funds On Wednesday, Kraken Security Labs – the exchange’s team that checks the security of crypto products – announced that...
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Bitcoin Cash, Monero, FTT price analysis: 8 July

Despite Bitcoin’s lackluster performance in the past week, the month of July seems to have provided significant momentum for the altcoin market to surge in terms of its trading price. Popular altcoins like Bitcoin Cash, Monero and FTX Token registered up to 11 percent in terms of a price hike since the start of the...
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Paul Grewal, Former US Magistrate Judge, Joins Coinbase as Chief Legal Officer

By Emilie Choi, Chief Operating Officer We’re proud to announce today that Paul Grewal is joining Coinbase as our Chief Legal Officer. The opportunity for crypto has never been greater, which only highlights the need to continue investing in world-class leaders and teams that can pave the way for the next phase of crypto awareness...
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Ethereum network stronger than ever as DeFi, USDT_ETH grow

As the Bitcoin network indicated signs of a bullish rally in the market, the second-largest crypto, Ethereum, was not far behind in indicating signs of an upward trending market. The Etheruem network has been highlighting the strength of the ecosystem, not just with the coin’s position in the market, but along with its extended ecosystem....
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Chainlink, Tezos, Ontology price analysis: 8 July

Altcoins such as Chainlink, Tezos, and Ontology saw their price surge during the course of the past week. For most altcoins, since the start of the month, their price action has been very positive and in the case of Chainlink, the coin recorded a 42 percent spike in its trading price. Chainlink [LINK] Source: LINK/USD,...
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Is it Time To Short Bitcoin? Answers OKEx CEO As Global Stock Markets Continue Their Uptrend

Despite world economies still feeling the adverse effects of the COVID-19 pandemic, most stock markets have recovered from the March losses, and some are even charting new highs. This has raised speculations that Bitcoin’s price may head south, and OKEx CEO Jay Hao recently offered his answer on the matter. Jay Hao Examines The Stock...
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Cardano long-term price analysis: 08 July

Cardano has seen a massive surge in the last 10 days with its price appreciating by a massive 82%. In the last 24-hours, the coin has seen a surge of 25%, and its market cap has increased from $1.9 billion to $3.4 billion, and now stands as the sixth-largest cryptocurrency in the world.  3-day chart...
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Bitcoin Price Analysis: BTC Breaking Above 45-Days Resistance Line, Will Altcoins Calm Down?

As mentioned in the last analysis, we anticipated the down-trending level (blue line) would create some resistance for bullish traders, and after five failed attempts, they finally succeeded in breaking through it. Right now (as of writing these lines), BTC prices have jumped $175 in the last hour, and for the first time since January...
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Dogecoin: How Tik Tok, memes, and GenZ caused this crypto to pump 140%+

‘How to buy Dogecoin?’ This keyword is trending not just on Google but also on Twitter. Dogecoin has pumped a total of 144% since July 06 but is now at 85%. What started as a random Tik Tok video is now a trending topic in the US and more pump seems to be on its...
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These Are The 4 Reasons Bitcoin’s S2F Model Creator Bought BTC In 2015-2016

If you bought Bitcoin in 2015 or 2016 when BTC was trading for less than $500 and HODL till today, the value of the assets would be around 1,750% higher. However, not many investors were lucky to purchase the cryptocurrency five years ago, partly because of the skepticism of its potential at that time. Today,...
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XRP long-term price analysis: 08 July

The performance of Bitcoin has often overshadowed the developments of most altcoins. Even though the impact of BTC’s volatility is visible across all major coins in the market, the independent movement of many major coins has been often neglected. A similar trend has been taking shape in the XRP market despite the sideways movement of...
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Ethereum, Dash, BAT price analysis: July 08

While Dash and ETH are seemingly bullish, BAT is eying for a retracement to its immediate support. This comes at a time when altcoins are surging while Bitcoin heads down. Ethereum [ETH] Ethereum has seen a small pump leading to the breach of the resistance at $234.43. A retest of this seems plausible but the...
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Ripple Price Analysis: XRP Pushes Above $0.20 as Bulls Chart Another 8% Daily Increase

XRP saw a serious 8.3% increase today as it returned to the $0.2 level. The latest price rise allowed XRP to climb above the 100-day EMA as it attempts to start a recovery. Against Bitcoin, XRP finally rebounded from 1900 SAT to climb toward 2160 SAT. Key Support & Resistance Levels XRP/USD:Support: $0.196, $0.192, $0.175.Resistance:...
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Chainlink (LINK) Marks New ATH Following China’s Blockchain Service Network Launch

Chainlink continues with its impressive price performance after reaching a new all-time high today. Interestingly, the latest surge coincided with the launch of China’s Blockchain Service Network, which integrated Chainlink’s price oracles into its ecosystem. China’s BSN Launches As CryptoPotato reported in March this year, the world’s most populated country planned to introduce a DLT-based...
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DeFi Tokens Lead Altcoin Season 2020 as Total Value Locked Crossed $2 Billion

Decentralized finance tokens have outperformed their crypto brethren over the past month, with some hitting two-year highs. As the nascent industry keeps growing, which ones will be next? DeFi has been the darling of the crypto industry over the past month, doubling in total value locked (TVL) in just a few weeks. A new all-time...
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India: TCS announces new crypto services solution, Quartz

India has an active crypto community with numerous crypto businesses striving to develop the space and work with regulators to form adequate guidelines. After the Supreme Court quashed the Central bank’s banking ban, the crypto businesses got a new lease of life and the country also saw interest from many others to start a new...
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Cardano Price Analysis: ADA Breaks Above 2019’s High Following 25% Daily Surge

ADA is now trading above 2019’s high following a 58% growth in 7 days. The price is now approaching the 1500 SAT level with strong bullish momentum. ADA/USD: Cardano Surges 28% After Crossing $0.1 Key Resistance Levels: $0.16, $0.2 Key Support Levels: $0.11, $0.094 ADA/USD. Source: TradingView The second half of the year is again...
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Indian IT Giant TCS to Help Financial Institutions Offer Cryptocurrency Trading

A few hours back, Indian IT heavyweight, Tata Consultancy Services, announced the launch of Quartz™ Smart Solution for Crypto Services. The offering will help banks and other financial institutions provide ‘secure and seamless’ crypto trading facilities to their clientele. IT Giant TCS is Spearheading Crypto Adoption As per the official press release, Tata Consultancy Services’...
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Litecoin, ETC, HBAR price analysis: 8 July

For many of the altcoins, the past few days have been very promising. While Bitcoin continues to remain below $9500, many popular altcoins like Litecoin and Ethereum Classic have registered significant gains in the past 48-hours. Source: Coinstats The king coin, however, at press time was trading at $9287 with a 24-hour trading volume of...
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The Altcoins That Skyrocket Despite Bitcoin: Wednesday Price Watch

Numerous alternative coins are booming during the past 24 hours, while Bitcoin remains stable. Consequently, this has raised the question of whether or not the cryptocurrency market is entering another altcoin season. Altcoins Pumping The majority of the market is well in the green today, with some impressive gains from altcoins. Yet, none has increased...
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Dogecoin After DOGE Rallied 100%: Do Not Ride The FOMO

In less than a couple of days, the price for one of the most popular altcoins, Dogecoin, pumped over 100%. There has been a common perception in the cryptocurrency community that huge moves in DOGE usually mean that an altcoin season is around the corner. Still, the team behind Dogecoin warned people through their official...
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Crypto derivatives crumble due to a stagnated market

The cryptocurrency market has been moving like a crab, sideways. Due to low volatility in the market, the traders have been holding with an expectation of a price surge, but that has only resulted in an increased consolidation. The major crypto Bitcoin has remained under $9.3k for some time now, and due to a strong...
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DeFi Conference 2020 Delivers an All-Star Speaker Lineup

The DeFi Conference 2020 hosted by Bitcoin Events, is a feature-packed free event for anyone to attend and learn about the opportunities that decentralized finance offers to individuals and organizations alike.  Decentralized finance (more commonly known as ‘DeFi’) is growing rapidly, spawning investment and attention from many corners of the finance world. The world of...
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South Korea Plans to Create Free Trade Zone for Industrial Hemp Using Blockchain

The government of South Korea is considering a local hemp regulatory-free trade zone and is looking to manage the production of hemp by employing blockchain technology.  Tracking Hemp Production With Blockchain  According to a report by Newspim on Tuesday (July 7, 2020), the Andong region in the Gyeongbuk Province became a ‘Special Industrial Hemp Free...
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South Carolina Blockchain to Present Emerging Tech Leaders at Resilience SC 2020 Virtual Blockchain Conference on July 15th

Charleston SC – FedEx strategist Dale Chrystie will be headlining the Resilience SC 2020 Virtual Blockchain Conference next month. Despite the postponement of the 1st annual South Carolina Blockchain Conference due to the COVID-19 pandemic, South Carolina Blockchain, Inc. in partnership with PalmettoChain, Inc. has worked tirelessly to bring together the Resilience SC 2020 Virtual...
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Bitcoin (BTC) $ 97,190.04 3.11%
Ethereum (ETH) $ 3,337.97 7.28%
Tether (USDT) $ 0.999378 0.19%
Solana (SOL) $ 246.61 3.46%
BNB (BNB) $ 620.93 0.92%
XRP (XRP) $ 1.13 0.32%
Dogecoin (DOGE) $ 0.387541 0.74%
USDC (USDC) $ 0.999014 0.12%
Lido Staked Ether (STETH) $ 3,340.33 7.35%
Cardano (ADA) $ 0.797216 4.42%