August 13, 2020

Bitcoin P2P gains steam in frontier markets as spot volume dips

As the largest cryptocurrency in the market, Bitcoin has been an important asset for traders. As soon as the coin broke out of its dormant stage, the BTC market saw interest flooding into the market. However, Bitcoin’s spot market has been losing a lot of volume over the past week, largely owing to the fact...
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US DOJ Seizes Over 300 Cryptocurrency Accounts Allegedly Operated By Al-Qaeda and ISIS

The US Department of Justice (DOJ) has made its largest seizure of cryptocurrency accounts allegedly belonging and operated by some of the most feared terrorist organizations, namely al-Qaeda, ISIS, and Hamas. DOJ Seizes Cryptocurrency Accounts Operated By Terrorists According to the press release shared by the Justice Department earlier today, US authorities have seized over...
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What makes Ethereum Classic so vulnerable? Hint – Economics

Bitcoin has been around for over a decade now and one of its key features that solved the double-spend problem was its consensus algorithm – Proof of Work. Since then, however, PoW has come under increased scrutiny from many camps and with the likes of Ethereum transitioning towards Proof of Stake, there are many who...
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Band Protocol (BAND) is now available on Coinbase

Starting today, Coinbase supports Band Protocol (BAND) at Coinbase.com and in the Coinbase Android and iOS apps. Please note, we will only support ERC-20 BAND tokens at this time. Coinbase customers can now buy, sell, convert, send, receive, or store BAND. BAND is available in all Coinbase-supported regions with the exception of New York State....
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Gold and Silver Start to Move Higher, Will Bitcoin Follow? (BTC Price Analysis)

Bitcoin price continues to remain inside the bullish ascending triangle, despite several attempts from bearish traders in the last three days to break through the pattern’s vital up-trending support. On the 4-Hour BTC/USD chart, we can see that bulls have successfully eaten up all 6 of the candles that wicked down beneath the support, but...
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Chainlink long-term Price Analysis: 13 August

Although the journey for many altcoins in the market has been rough and volatile lately, Chainlink has continued to register high returns across the market. Given its weak correlation with the world’s largest digital asset, Bitcoin, LINK has been spiking more than any other major asset in the market. In fact, LINK was recording gains...
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Tron And Waves Partner To Push DeFi Mass-Adoption

Tron has partnered with Waves to connect the two respective blockchain networks called Solidity and Ride to push mass adoption in the decentralized finance (DeFi) field. All TRC-20 tokens will be available on the Waves blockchain and vice-versa with the assistance of the cross-chain communication network – Gravity. TRON Partners With Waves According to a...
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Average Ethereum Transaction Fees Soar To New ATH as Yield Farming Booms

The Ethereum transaction fees reached a new all-time high following the latest DeFi craze YAM. A simple approval operation on some decentralized exchanges like Uniswap costs upwards of $13 on occasions. ETH Gas Fees Through The Roof The Ethereum blockchain is the underlying technology behind the majority of the DeFi-based projects. Investors wanting to allocate...
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Ethereum’s present highs might short its future

There is a lot happening within the Ethereum ecosystem. Although Ether’s value has struggled to break above $400, at the moment, the network is witnessing astonishing levels of activity. However, the balance in the Ethereum space did not seem completely right as while a few metrics flashed warning signs, others were noting new highs. Source:...
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YAM Madness Drove LINK to New ATH Above $17, Will It Last? (Chainlink Price Analysis)

Chainlink surged by another 18.5% today to bring the price for the coin as high as $17.90. This move created a new ATH value for LINK and allowed it to claim the 5th ranked position according to market cap. Against Bitcoin, LINK also created a new ATH value as it reached as high as 153,000...
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STEEM, Binance Coin, XRP Price Analysis: 13 August

The beginning of the week saw many of the market’s cryptos struggle under pressure. While most of these cryptos followed Bitcoin’s trend of falling prices, other small altcoins acted independently and registered price surges of their own. The changing tide in the crypto-market once again highlighted the weak correlation between Bitcoin and small-cap assets since...
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Bitcoin short-term Price Analysis: 13 August

Disclaimer: The findings of the following article should materialize over the next few hours. Also, the following information should not be considered as investment advice Bitcoin’s decline down to $11,133 on 11 August damaged its consolidation above its previous support line at $11,618. The downtrend was significant, dropping down from a high of $18,410, all...
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EOS, DASH, Cardano Price Analysis: 13 August

Bitcoin’s steady consolidation above the $11,000-mark has come as a relief for many who were waiting on their heels for the world’s largest cryptocurrency to finally post some gains on the charts. However, BTC’s fortunes weren’t exactly shared by the market’s altcoins as soon after hitting their respective local tops, many of them fell, including...
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After Failing To Breach $0.3, Ripple Bearish Action Not Yet Over? (XRP Price Analysis)

XRP dropped by a small 1% today as the bulls defend $0.28. The coin found resistance at $0.313 earlier in the month and has been falling ever since. Against Bitcoin, XRP dropped beneath the 200-days EMA today as it falls to 2400 SAT. XRP/USD: XRP Bulls Defending $0.28 Level Key Support Levels: $0.28, $0.264, $0.245.Key...
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Calvin Ayre To Film A Movie Proving Craig Wright is Satoshi Nakamoto

One of the most popular supporters of Craig Wright has started filming a documentary aiming to prove that Wright is indeed the creator of Bitcoin. At the same time, Wright said in a recent interview that BTC HODLers are not using the asset properly as he envisioned, and he has returned to “make things right.”...
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Tezos long-term Price Analysis: 13 August

Tezos came very close to hitting an all-time high after XTZ’s price surged by over 13 percent in just 24 hours. Since the start of July, the price action has been very promising for Tezos and this has since almost doubled. While XTZ’s price has seen a few ups and downs lately, strong bullish momentum...
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BLOCKCHANCE EUROPE 2021:Germany’s leading B2B conference and trade fair on blockchain technology!

The international BLOCKCHANCE EUROPE 2021 is Germany’s leading B2B conference and trade fair on blockchain technology and also one of the biggest in Europe. It will take place from March 30 to April 1 in the building of Hamburg’s City Hall for the third time. Around 1,500 participants, 200 investors, 120 international speakers, and 50...
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Coinbase to Allow US Clients to Borrow 30% of Their Bitcoin in Cash Loans

Coinbase customers in the US will have the opportunity to receive cash loans against their Bitcoin holdings. If approved, the company’s clients might get their loans in two to three days. The Waiting List As per an official recent announcement, Coinbase has set a specially designated waiting list for their customers, who might like to...
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The Nebulas blockchain project releases plans for a massive DeFi ecosystem!

Recently, the Nebulas blockchain project released it’s revised roadmap detailing the immediate future of the project and its current direction.  Even though the tough times, Nebulas persevered, endured and developed their own blockchain ecosystem with a custom consensus mechanism entitled Proof of Devotion (PoD),  which gave way to the development of a completely decentralized network...
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Bitcoin, Ethereum lose August’s first round to small-caps

Two of the market’s top cryptocurrencies, Bitcoin [BTC] and Ethereum [ETH], have been witnessing a strong surge in their values over the past few weeks. This week, however, the BTC and ETH markets appeared to be taking a break as the overall percentage change in the value of the top two crypto-assets was just 5%...
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YAM Finance Crashes Over 90%, Founder Admits His Failure

YAM – the financial experiment that started less than 48 hours ago crashed following an error in its rebasing mechanism that wasn’t fixed in time. This event highlights the importance of proper due diligence in the field. Even though the development team made everything they can to disclose the dangers and the risks of the...
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Gocoworker Announces the Crowdsale: Distributed Autonomous Organisation for Talents

[PRESS RELEASE – PLEASE SEE DISCLAIMER] Barcelona, 13 August 2020 – Gocoworker is a Distributed Autonomous Organisation for Talents, leader in communal work, for sustainable jobs. The world’s economy is undergoing a global systemic crisis: where inflation in the world’s money supply is no longer sufficient to revive the international economy. Pyramidal organizations have reached...
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Bitcoin Cash, Tron, Synthetix Price Analysis: 13 August

Bitcoin’s price, at the time of writing, was facing strong resistance around the $12k mark. Bitcoin’s inability to brush past this resistance also seemed to stunt the growth of many of the market’s altcoins, with fork coin Bitcoin Cash losing close to 12 percent of its trading value in the past week, along with a...
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Defi Explosion: Chainlink (LINK) Records 80% Weekly ROI As Bitcoin Dominance Below 60%

Bitcoin has recouped from yesterday’s dip to below $11,200, but most altcoins are significantly outperforming the primary cryptocurrency. Several impressive price increases, including new all-time highs for Chainlink and Tezos, have reduced Bitcoin’s dominance to below 60%. Altcoin Wild-Ride Continues With LINK and XTZ At ATH As CryptoPotato reported yesterday, 24 hours ago, the entire...
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CoinMarketCap Launches Earn Program, Rewards Starting with BAND

The leading cryptocurrency data aggregator website CoinMarketCap has launched a new earning initiative for users. Dubbed CoinMarketCap Earn it will enable customers to watch educational videos and complete quizzes about certain digital assets and receive a pre-determined amount of coins as rewards. CMC Earn Is Live The official announcement from the popular data aggregator asserted...
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Bitcoin (BTC) $ 68,044.23 1.55%
Ethereum (ETH) $ 2,411.60 2.57%
Tether (USDT) $ 0.999969 0.11%
BNB (BNB) $ 554.71 1.37%
Solana (SOL) $ 158.90 2.96%
USDC (USDC) $ 1.00 0.08%
XRP (XRP) $ 0.505546 0.23%
Dogecoin (DOGE) $ 0.162637 6.34%
Lido Staked Ether (STETH) $ 2,412.29 2.55%
TRON (TRX) $ 0.162711 1.44%