Crypto commerce in Ireland is about to become a lot more regulated, with lawmakers in the country ready to introduce laws targeted at combating cryptocurrency-related money laundering. Wallets and Exchanges to Come Under Scrutiny in Ireland According to the Irish Examiner, Ireland’s cabinet is set to introduce new anti-money laundering (AML) laws. These pieces of...Read More
Last week, when Arcane Research reported that the number of Bitcoin transactions going up was not met by high transaction fees on-chain, people shifted their attention to SegWit. It was soon found that SegWit usage in 2020 is becoming popular again and 65 percent of the transactions are using digital signatures. It was a monumental...Read More
Months after launching operations in China, the country’s Blockchain-based Service Network (BSN) saw the release of an official international website, aiming to attract global DLT developers as well. China’s BSN Goes International The Blockchain-based Service Network went live a few months back after a delay prompted by the COVID-19 pandemic. As CryptoPotato reported back then,...Read More
Bitcoin Cash, the popular fork of Bitcoin, seemed to be holding well on the charts with its price noted to be $305, at the time of writing. Bitcoin Cash, formerly the 4th largest crypto-asset in the market, had a market of $5.66 billion, with the last 24 hours ringing with positive developments for BCH. Now,...Read More
Ethereum saw a small 1.7% price increase today as the coin reached the $395 level. The cryptocurrency has struggled to break above $398 for the past four days. Against Bitcoin, Ethereum continues to remain supported at the 0.0326 BTC support. ETH/USD: Bulls Halted By $398 Resistance Key Support Levels: $380, $370, $350.Key Resistance Levels: $400,...Read More
Cardano, EOS, and Dash, all seemed to be consolidating/range-bound, with their prices waiting to break out on the charts, at the time of writing. However, in the short-term time frame, all the aforementioned cryptos seemed to be expecting a short decline in the near-term. Cardano [ADA] Source: ADAUSD TradingView Cardano [ADA] no longer holds the...Read More
We are currently part of an unusual Bitcoin rally. Unlike Ethereum, Bitcoin hasn’t surpassed its highs from 2019. It hasn’t even come close, to be fair. However, many in the community remain bullish about Bitcoin only because it is not dropping from its yearly-high levels. As simple as that. At press time, the world’s largest...Read More
By Brian Armstrong, CEO and Co-Founder As a company of builders, few things are more important than finding experienced, passionate engineers that can help guide Coinbase and our employees through the next phase of company growth. That’s why I’m excited to share today that Manish Gupta is joining Coinbase as our new EVP of Engineering....Read More
Bitcoin’s recent burst past $12,000 was unlike the first, and is potentially a sign of things to come. Over a week ago, on 2 August, when Bitcoin rose past $12,000 for the first time since June 2019, its price dropped by 8 percent within the hour. The rapid rise tested a bull trap where trigger...Read More
XRP saw a small 2% price rise today as it reached $0.295. The coin dropped by a total of 3.4% over the past week after it reached the $0.313 level. Against Bitcoin, XRP found support today at 2435 SAT (200-days EMA and .382 Fib Retracement). XRP/USD: XRP Bulls Find Support At .236 Fib Retracement Key...Read More
Disclaimer: The findings of the following analysis should materialize over the next 24-hours Bitcoin SV, against all odds, has been able to avoid massive depreciation on the charts since hitting a high of $250 on 1 August. The crypto-asset maintained its consolidation between $218 and $230 over the past 24-hours and it is uncertain whether...Read More
Bitcoin price continues to breathe the highs, as the coin is currently trading slightly below $12K, following a few days of consolidation between $11,600 and $11,800. However, over the recent hours, we saw Bitcoin’s second attempt to breach the $12,100 resistance, which is the 2020 high from a week ago (August 2nd). Despite a decent...Read More
Earlier this year, we conducted the first phase of our Metamorphosis journey. The Road to Metamorphosis: a virtual summit featuring in-depth discussions on cryptocurrencies and blockchain technology from world-renowned experts. What was originally planned as a physical event, eventually became an online experience due to constraints related to the COVID-19 outbreak. With a 5000+ member...Read More
Listing announcements often have a profound effect on the performance of a market’s cryptocurrencies. The example of Band Protocol’s BAND is a case in point. Just a few days ago, BAND surged incredibly on the price charts, with the token surging by over 60% in one day after Coinbase Pro announced that it would list...Read More
The DeFi boom continues with full force as the total value locked approaches $5 billion. Interestingly enough, a relatively young cryptocurrency has turned into the poster child of yield farming – YFI, the governance token of yearn.finance. Launched just a few weeks ago, YFI is currently the second-most expensive token on the market, valued upwards...Read More
Following a recent update, the New York State Department of Financial Services (NYDFS) has approved eight cryptocurrencies for sale and trade and ten digital assets for custody by licensed entities. NYDFS License Cryptocurrencies For Trading And Custody In the latest update posted, the NYDFS has outlined the importance of regulating all assets available for purchasing...Read More
Even with Bitcoin climbing over $12,000 for the second time in two weeks, most of the attention in the larger crypto-market is on its number two – Ethereum. The world’s largest altcoin was trading at just below $400, a two-year high, at press time, having eaten a significant chunk of the crypto-market’s dominance. With Bitcoin...Read More
In the current era of the financial industry, cryptocurrencies have become a household name for investors and traders. Over the past decade, we have seen Bitcoin laying out the path for the rest of the industry, which has led to the current influx of crypto projects coming into existence. The idea of investing in digital...Read More
Right now, it is a strange time to evaluate the digital asset market because there is still a lack of clarity. The early signs of bullish sentiment that emerged in early-August are now inconsistent across the board. No longer are the market’s coins registering hikes in unison with Bitcoin and Ethereum, with these alts identifying...Read More
Demand for stablecoins has surged this year, mainly on the back of the DeFi sector, which has seen countless crypto earning opportunities arise. MakerDAO’s stablecoin, Dai, has just reached a milestone $400 million supply following the minting of a further $10 million. This 10 million DAI mint brings the total DAI supply to over 400...Read More
[Featured Content] If Dr. Julian Hosp and U-Zyn Chua, co-founders of the DeFiChain Foundation, were to tell others their unlikely story around co-founding a company together, many would shake their heads in disbelief at the unlikeliness of the sequence of events. DeFiChain started as a fated project from the friendship of two people – U-Zyn,...Read More
Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high. Bitcoin Tries $12K After the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750...Read More
