The last few months have seen the market’s altcoins perform exponentially, with many of them noting significant rallies on the charts, in direct opposition to the correlation they once shared with Bitcoin, the world’s largest cryptocurrency. The last few days, however, saw these alts moving in line with Bitcoin, with the latter’s move over $12,000...Read More
Rich Dad, Poor Dad Author, Robert Kiyosaki, has advised investing in precious metals like gold and digital assets like Bitcoin as crisis looms in the banking sector. Earlier this week, headlines on mainstream media revealed that American billionaire investor Warren Buffett dumped US bank stocks to purchase gold mining stocks. Buffett Dumps Bank To Invest...Read More
DeFi has been a widely talked-about sector over the past few months. This is not at all surprising in light of the fact that DeFi’s market cap has risen exponentially over the summer. A look at DeFi Pulse’s charts clearly underlined the rate of growth since the TVL in DeFi had risen to $6.69 billion,...Read More
Bitcoin may have a market dominance of over 55%, however, the effects of its movements aren’t always equal among the rest of the market’s altcoins. In fact, an argument can be made that lately, many of these alts have been taking an independent trajectory owing to falling correlation stats, one where their values aren’t defined...Read More
A new report indicated that East Asia remains the most active cryptocurrency market with the most significant number of daily transactions. At the same time, professional traders still account for most of the trading volume, while stablecoins, and especially Tether (USDT), have gained a massive market share. East Asia Dominates Crypto Trading Market According to...Read More
By Don Yu Coinbase was not targeted by any of the attack transactions and lost no funds At 10:57 PM PST 7/31/2020, Ethereum Classic (ETC) was 51% attacked resulting in ~800,000 ETC (~$5.8 million) of double spend transactions. At 8:15PM PST 8/5/2020, Ethereum Classic was 51% attacked again resulting in ~460,000 ETC (~$3.2 million) of...Read More
The cryptocurrency industry has been developing at quite a fast pace and this has helped change the outlook of investors and governments around the world about crypto. Although it will be naive to say that the world has accepted crypto, many nations have been inching closer to embrace it, one step at a time. The...Read More
Bitcoin’s price has been tumbling lower ever since it touched the yearly peak of $12,473 on 17 August. This sudden boost in the price of the largest digital asset garnered the attention of traders who were busy dealing in altcoins while BTC was in a consolidation phase. The Bitcoin futures open interest was sitting at...Read More
This week has been quite the ride on the cryptocurrency markets, and, of course, Bitcoin was in the spotlight, at least for a while. The price started at around $11,700 and stayed there for a few days until Monday when we saw a significant move forward as BTC reached about $12,500. The cryptocurrency community was...Read More
July 27 was the last time Bitcoin SV registered a position below $200 and hence the most part of August can be considered positive, even though highly volatile. The volatility cannot be blamed since it has been prevalent throughout the industry but over the past few days, Bitcoin SV finally seems to have gone into...Read More
Digital assets are not taken lightly any longer. Many businesses are forming around it and the use of blockchain and crypto is developing every year. Now Bitcoin and Ethereum are the flag bearers but a majority of the public still fails to distinguish between Ethereum and Ether with clarity. Yes, the general crypto public is...Read More
Bitcoin Bitcoin continued its sideways movement this week as it remained around the $11,600 level. However, during the week, the cryptocurrency did push higher as it penetrated above the $12,000 resistance to reach the $12,400 level. Unfortunately, it was unable to sustain these highs as it rolled over to fall beneath $12,000 at the start...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in the Ethereum short-term market and its impact on the price. After a great boost in price, major cryptos have been observing a slow movement in the market this week. Bitcoin and Ethereum were trending lower on the price scale. Ethereum’s value despite the minimal...Read More
The U.S. Commodity Futures Trading Commission is reportedly after the owner of a crypto scheme, which misled over a thousand of its investors and clients. It seeks $572 million in financial penalties and restitution. $270M Worth Of BTC Stolen From More Than A Thousand Customers Аs per a recent report, the alleged Bitcoin trading pyramid Control-Finance...Read More
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Bitcoin is the largest and the most decentralized platform in the world. It is also the highest market cap cryptocurrency in the ecosystem by a large margin. But performing quick and affordable transactions using Bitcoin has long been a problem. But what if we can make our Bitcoin functional on the Ethereum (ETH) blockchain? Wrapped...Read More
Unless you’ve been hiding under a rock over the last year then you will have heard of Decentralized Finance, often abbreviated to DeFi, the next step in the evolution of digital banking that already accounts for more than $6 billion in crypto assets. Put simply, it is an electronic financial ecosystem that runs on a...Read More
Bitcoin‘s market price is under a transitional period and the same can be said for the market sentiment at the moment. Correlation is a huge part of the market and any price movement often changes the metric which leads to important alterations. The asset’s price recently topped at $12,500 and it led to an interesting...Read More
The crypto markets are stabilizing a lot ahead of the weekend. Apart from YFI and limited other Defi tokens that are however pushing on hard, many others appear to have taken a pause out of the continuous bull run. Although analysis makes further profits in many altcoins, bitcoin seems to be maintaining up the pace...Read More
Yearn Finance continues to make headlines and to exceed expectations within the field of decentralized finance (DeFi). After becoming the first altcoin after ZEC’s early days of trading to flip Bitcoin’s price convincingly, the protocol achieved yet another milestone today – it has over $1 billion in total value locked within its ecosystem. Yearn Finance...Read More
Tokocrypto Announces Toko Tokens as New DeFi Initiative Jakarta, August 19, 2020 – The annual Indonesia Blockchain Week (IBW) 2020 officially began yesterday, Tuesday, August 18, 2020, with an audience of over 2.5000 tunings into the opening ceremony. Organized by Tokocrypto, IBW 2020 for the first time ever, is being hosted completely online and both...Read More
Until the previous year, most major nations were up in arms about the launch of the social media giant, Facebook’s stablecoin, Libra. However, after a year we have noted an uptick in the attention paid to not only cryptocurrencies but also to stablecoins. The stablecoin supply has reached 10.116 billion coins, among which Tether [USDT]...Read More
OMG is featured again today as the cryptocurrency secures a memorable profit compared to its nearest competitions. Also, AMPL, FXC ran for the runner-up position alongside other struggling crypto markets gainers as of 21st August 2020. In today’s list of top gainers, the usual players are seen making decent gains into higher highs. Meanwhile, relatively...Read More
The US Department of Justice has alleged that Joseph Sullivan, the former Chief Security Officer of Uber, has covered up a 2016 hack on the company that compromised data of millions of users and drivers. According to the DOJ, Sullivan paid the hackers $100,000 in Bitcoin. Uber Former CSO Covers Up A Hack? The announcement...Read More
XRP isn’t Competing with Stablecoins or CBDC XRP, the third-largest crypto asset, is currently struggling to hit $30. Besides having the major market cap, XRP is mainly used across payment networks to bridge liquidity issues. That said, Ripple’s Senior Director Emi Yoshikawa shared her views on how she sees XRP in the chaos of Stablecoins...Read More
The DeFi space continues to surge in popularity as the total value locked in protocols quickly approaches $7 billion. One of the protocols leading this increase is Aave. But it’s definitely not the only thing that’s capturing the market’s attention. Elsewhere, in the field of traditional finance, the price for Tesla stocks is up more...Read More
Bitcoin, the world’s premier cryptocurrency, despite its most recent failure to sustain a breach of the $12k level, was continuing to consolidate and strengthen its position on the charts. At press time Bitcoin was being traded at $11,840 with a 24-hour trading volume of $8.3 billion. Source: CoinStats BTC’s movement, however, didn’t have a uniform...Read More
The cryptocurrency market has recovered from some of the losses it registered in the past few days. Bitcoin is up by 1%, while some altcoins are marking impressive double and even triple-digit gains with OMG Network leading the pack. Altcoins With Massive Moves The altcoin market became accustomed to significant fluctuations, and the past 24...Read More
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Singapore, 21. August 2020 — WOM Protocol, a next-gen MarTech solution that enables brands to leverage word-of-mouth recommendations, has been added as a portfolio pick of Palm Beach Research Group (PBRG), strongly recommended as “a leader in marketing technology.” PBRG is a leading investment analysis service with a large portfolio of expertise across stocks, bonds,...Read More