August 12, 2020

YAM Developers Reveal Bug in Rebase Contract

YAM Finance, the latest yield farming sensation, witnessed a bug in the rebase mechanism. However, the developers of the protocol assure users that funds are unaffected. Bug Found in Unaudited DeFi Project Developers at new DeFi sensation have found a bug in the protocol’s rebase contract. The team announced the news via Twitter hours ago....
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Borrow cash using Bitcoin on Coinbase

By Thorsten Jaeckel, Product Manager Coinbase was created as a reliable, trusted, and safe bridge for people to buy and sell cryptocurrency, and we remain committed to providing the best crypto investing experience for our customers. We now offer easy investing tools for dollar cost averaging, market stats for tradable assets, and support 24 assets...
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Litecoin, VeChain, Algorand Price Analysis: 12 August

Litecoin, VeChain and Algorand have all tested important short-term supports. VeChain looked poised for more gains. Algorand looked likely to move upward, while Litecoin broke below support and would look to maintain the psychological $50 level as well. Litecoin [LTC] Source: LTC/USD on TradingView Litecoin had a 24-hour trading volume of $2.6 billion. Ranked 8...
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Is Chainlink riding the DeFi bubble?

The cryptocurrency market has been seeing decentralized finance [DeFi] driving growth in the crypto-verse. Recently, on 9 August, the total market cap peaked at $11 billion, however, at press time was back to $9.275 billion, as per data provider DeFi Market Cap. As the market cap moves higher, the total value locked in DeFi was...
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Binance Coin long-term Price Analysis: 12 August

Binance Coin, the exchange token of the popular exchange Binance, has done well in the last 24 hours. The coin has seen a 1% surge and currently stands at $21.83 per coin. The market cap of BNB is $3.152 billion making it the 10th largest cryptocurrency in the world. BNB 4-hour chart Source: BNBUSDT TradingView...
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Numeraire (NMR) is launching on Coinbase Pro

On Monday, August 17, transfer NMR into your Coinbase Pro account ahead of trading. Support for NMR will be available in all Coinbase’s supported jurisdictions, with the exception of New York State. Per previous launches, transfers will open during business hours, Pacific time. One of the most common requests we receive from customers is to...
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Bitcoin SV, Cosmos, BAT Price Analysis: 12 August

Bitcoin recently retested the psychological resistance at $12,000 before declining to $11,400 level. While Bitcoin takes the time to gather strength for the next retest, some altcoins have managed to gather steam. BSV steadily declined over the past few days and maybe poised for another drop. Cosmos has performed remarkably well over the past week...
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Is 2017 Here Again? Hype Led By YAM Seeing DeFi Tokens Skyrocket

The DeFi space continues to amaze as there’s something unbelievable happening almost every other day. YAM – a cryptocurrency created less than a day ago with absolutely no economic value at launch, is currently trading at over $150. And that’s not even the part that’s hard to grasp. In less than 24 hours, the cryptocurrency...
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XRP long-term Price Analysis: 12 August

Disclaimer: The following price prediction should materialize within a week. XRP’s price action in the past day’s time wasn’t very promising. With the price maintaining its consolidation near $0.29, a steep drop of 8.56% witnessed the asset dropped down to $0.265 in the charts. In the meantime, the asset also breached the immediate support line...
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Justin Sun’s BitTorrent Confirms Over 2 Billion Installations

The leading decentralized peer-to-peer network BitTorrent has reached a significant milestone in its development after surpassing two billion installations of its torrent client software on Windows, Mac, and Android. BitTorrent Passes 2 Billion Installations Founded in 2004, BitTorrent Inc has become one of the most utilized software products for downloading torrents with its two brands...
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Ethereum’s percent of total liquid supply beats Bitcoin, XRP, Cardano

Ethereum [ETH] may rank second in terms of popularity among major cryptos but has definitely turned out to be a good investment in 2020. The digital asset has been returning nearly 174% to its investors in YTD. As its returns increase, the crypto community has been focused on the circulating supply of the coin, as...
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In The Footsteps of BitMEX: Binance Launches Bitcoin-Collateralized 125x Futures Contract

Binance has managed to establish itself as one of the most trusted and the leading cryptocurrency exchange in the field. One of the reasons for this is that the company doesn’t stop building new products. From regular listings of new cryptocurrencies to staking, and building new trading features, it appears that there’s always something brewing...
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Tezos Price Analysis: XTZ Flirts With Its All-Time High, $5 Next Or Double-Top?

Tezos increased by 8% today as the coin reached the $4.40 level, which is the all-time high recorded two days ago. Against Bitcoin, Tezos surpassed 38,000 SAT and recorded its highest level against Bitcoin since February this year. XTZ/USD – Bulls Seek For New All-Time High Key Support Levels: $4.00, $3.91, $3.58. Key Resistance Levels:...
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Bitcoin Cash short-term Price Analysis: 12 August

After Bitcoin’s collapse down to $11,285, the rest of the altcoin market finally appeared to tag along for the current bearish ride. Bitcoin Cash, just like other major altcoins slipped by 12.36%, as its valuation witnessed a downtrend from a high of $305 to $270. After the markets actively pictured a recovery, a short-term long...
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$400 Is Getting Away From Ethereum Following BTC’s Recent Decline (ETH Price Analysis)

Following Bitcoin’s price plunge from earlier today, Ethereum dropped to $365 before a decent recovery above $380. The cryptocurrency attempted to break above resistance at $400 this week but failed to do so, as of now. Against Bitcoin, Ethereum maintained the critical support at 0.0326 BTC. ETH/USD – Bulls Fail To Overcome $398 – $400...
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Chainlink: Traders under zero loss, but why?

From the world of altcoins, Chainlink or LINK tokens seems completely unstoppable at the moment. In the past few days, Chainlink has risen by 45 percent in the charts, rising from $9.80 to $14.48 on the 9th of August. As the token consolidates at its all-time high range, we looked into a few developments over...
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The Latest Bitcoin Price Crash Was Correlated With Gold and Silver’s Plunge

The correlation between the price of gold, silver, and Bitcoin continues. The three assets are moving in a very similar matter, regardless of the direction. Most recently, all three experienced a decline. According to some analysts, gold’s price could be used as an indicator of Bitcoin’s behavior so long as the correlation remains high. On...
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What is Uniswap In Simple Words?

You may have heard of Uniswap has been a frequently debated topic among the DeFi space. Originally, Hayden Adams created the Uniswap protocol as he was inspired by Vitalik Buterin’s post about the market maker equation X * Y = K. Hayden took a practical approach to the equation and created Uniswap, a protocol for...
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The Babylon Project: A Blockchain Focused Hackathon with a Commitment to Diversity & Inclusion

World Blockchain Hackathon, a 100% community funded global organization, has announced the date and details of their latest hackathon, a 3-day global virtual event that will attract more than 3000 participants and contributions across 50 countries. The Babylon Project aims to democratize access to global innovation with blockchain technology. Additionally, the project aims on developing...
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Ethereum, Zcash, Dogecoin Price Analysis: 12 August

After strong moves near the end of July, Ethereum has been ranging between a trend for a week, while ZCash has dropped in value since the recent highs near $100. Dogecoin is yet to gather momentum after a very successful July. Ethereum [ETH] Source: ETH/USD TradingView Ethereum has been noting strong positive sentiment on social...
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Peer-to-Peer Exchange CryptoLocally Now Offers Instant Credit Card Payment

Cryptocurrencies have been getting a lot of mainstream media attention lately. Good or bad no one can deny that this emerging asset class has once again captivated the minds of the general public. This could be the beginning of a new onboarding cycle for the next generation of crypto users.   Many players in the industry...
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Venezeula Could Start Collecting Taxes And Sanctions in Cryptocurrencies

Venezuela’s Bolivarian Council of Mayors has signed a new tax agreement in 305 municipalities across the country. Called National Tax Harmonization Agreement, it will allow the nation to raise taxes and sanctions using the nation’s cryptocurrency – the Petro. Cryptocurrency Tax Collection In Venezuela According to the recent local report, the mayor of the Libertador...
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Ethereum’s gas fee skyrockets, what’s the DeFi link?

Ethereum gas fees hit a level seen 5 times in the last 4 years; why? The average gas fees on Ethereum blockchain has hit a level not seen in a long time. The average gas fees, at the time of writing, was just below 200. However, as per ETH gas station, for fast transaction confirmations,...
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DeFi Tokens Defying Market Dump on YAM Farming Frenzy

The big boys on crypto markets such as Bitcoin, Ethereum, and XRP may be slumping today, but DeFi tokens are still on fire. Five of the top six performing tokens in the top one hundred are related to DeFi, and there is a good reason for that. Enter the Yam A new yield farming opportunity...
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The KickEX Exchange Will Buy Back KickTokens

[PRESS RELEASE – Please Read Disclaimer Below] On September 1, 2020, at 12:00 UTC, the KickEX cryptocurrency exchange will buyback KICK tokens (KickToken) worth a total of $100,000 at a price of $0.00015 per token. The buyback will be carried out only on the KickEX exchange and according to specific conditions. To participate in the...
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Chainlink, Monero, ETC Price Analysis: 12 August

The beginning of the week has introduced selling pressure in the cryptocurrency market as, the price of various digital assets including Bitcoin, was noticing a downward trend. In the case of Bitcoin, its trading price fell by 3.5 percent in the past 24-hours bringing its trading price to $11,339. Source: CoinStats While almost all the...
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Ternio’s ERC-20 TERN Token Listed On Global Crypto Exchange Bibox

[PRESS RELEASE – Please See DIsclaimer] ATLANTA, GA – August 10, 2020 – Ternio’s ERC-20 payment token TERN, has been listed by a global cryptocurrency exchange, Bibox. This news comes two months after Ternio’s announcement that they would be burning ten percent of the TERN supply, previously hosted on the Stellar Network, and making it...
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What are the different ways of earning money through Bitcoin?

Do you like to make money from bitcoin? As you know bitcoin is the most amazing topic among investors and businessmen, everyone is looking for mismatched ways to make money from it. You can make money in different ways from bitcoin. Although, most people are conscious of just two or three ways, such as bitcoin...
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Why are people compromising traditional and physical currency over BITCOIN?

Bitcoin has gained and still gaining too much popularity from the general public because it’s a decentralized digital currency. You can also check how bitcoin is soothing the activity of transfer and exchange with paying any higher fees. It has more convenient and the fastest features that give you online anonymity. Besides that, here are...
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Cryptocurrency Market Loses $20B As Bitcoin And Altcoins Bleed Out

Most of the cryptocurrency market is retracing heavily today after a few days of gains. Bitcoin failed to conquer the $12,000 level and has now dropped by $800. Large-cap altcoins follow suit, and the market loses about $20 billion. Bitcoin Drops By $800 The primary cryptocurrency attempted another break above the coveted $12,000 price tag...
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Bitcoin (BTC) $ 98,720.45 4.43%
Ethereum (ETH) $ 3,337.52 9.15%
Tether (USDT) $ 1.00 0.02%
Solana (SOL) $ 258.27 11.31%
BNB (BNB) $ 635.24 5.82%
XRP (XRP) $ 1.36 24.36%
Dogecoin (DOGE) $ 0.398278 6.64%
USDC (USDC) $ 1.00 0.02%
Lido Staked Ether (STETH) $ 3,336.65 9.12%
Cardano (ADA) $ 0.87111 12.81%