Roger Ver today announced in his tweet that deadalnix will be forking from Bitcoin Cash on 15 November, 2020. The tweet did not mention the name of the new coin that will be created as a result of the fork, but twitter users were quick to chime in with suggestions like BCASH. Bitcoin ABC and...Read More
U.S government agency, CFTC or the Commodity Futures Trading Commission, today charged 20 entities, among which some were crypto traders and exchanges, for making false claims of having CFTC registration and National Futures Association (NFA) membership. These are mandatory registrations that allow exchanges to offer services related to trading in digital assets, derivatives, and forex...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. The prediction should materialize in the next couple of weeks. Mainly mirroring the end of July, the end of August seemed to have kickstarted another bullish rally for Ethereum. From the 2nd week of August...Read More
Binance Coin advanced steadily toward resistance after stepping out of a range it traded within for a few weeks. Dash showed bearish signals and could test support and even drop beneath support while Dogecoin continued to sustain the bearish sentiment. Binance Coin [BNB] Source: BNB/USDT on TradingView BNB appeared to trade within a range for the greater...Read More
Bitcoin has set on a rally with the beginning of the last month of the quarter. The largest asset’s price increased from $11,515 at midnight to $11,966.84, until an hour back, which could be due to the interest flowing into the BTC market. Even though the beginning of September was looking strong, the final week...Read More
Bitcoin and cryptocurrency research development group, Chaincode Labs has hired developer and co-founder of Blockstream, Pieter Wuille, who will now work on protocol improvements to Bitcoin. The coder and engineer posted a tweet in which he said he would continue to collaborate with the research team at Blockstream. Very excited to announce I’m joining Chaincode...Read More
Bitcoin SV showed a bullish reversal pattern, indicating the possibility that BSV could rise to near $230 in the coming days. Ontology was trading in a rising channel and showed no signs of bears gaining control while FTX Token went parabolic and could rise higher. Bitcoin SV [BSV] Source: BSV/USDT on TradingView BSV formed a...Read More
Five months after the project was unveiled, Binance announced the launch of its Binance Smart Chain blockchain today, which enables creation of smart contracts and allows users to stake BNB, Binance’s very own token. The blockchain is compatible with Ethereum Virtual Machine, which may increase the utility of both Binance Chain and the BNB token....Read More
Wrapped BTC aka WBTC locked in DeFi has hit a new high of 33,762 WBTC. At bitcoin’s current price this puts the total value of WBTC to about $400 million. The implications of this are many and the key factors are addressed in this article. Defi and Bitcoin With DeFi mania increasing every day it...Read More
The Hong Kong-based cryptocurrency and payment platform Crypto.com hired ex Visa International Asia-Pacific executive, Nobuyuki Nagahama, as General Manager of Japan. According to an official release, the company which serves over 3 million customers worldwide claimed that this move will allow the platform to launch strategic initiatives in the Japanese cryptocurrency market. At Crypto.com Nagahama...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the sole opinion of the writer. The prediction should materialize in the next 24-hours. Just like the rest of the industry, XRP was able to take advantage of the bullish comeback for the major altcoins. Dropping down below $0.26 on...Read More
A joint venture between the British multinational investment bank HSBC, Singapore Exchange (SGX), and state-owned investment company Temasek has completed its first digital bond issuance of $300 million worth of corporate bonds on SGX’s digital asset platform by employing blockchain technology. $300M Of Corporate Bonds Replicated Digitally With DLT The collaboration between the three entities,...Read More
Ethereum has been a hotbed for emerging crypto projects like DeFi and yield farming. However, Vitalik Buterin seems to think that forking Maker is the best idea going forward. Maker was one of its kind when launched during the mania of 2017 and turned the game sideways. Maker’s governance protocols allowed people to vote to...Read More
Bitcoin’s tussle with $12,000 seems to be coming to an end but the premium for Grayscale Bitcoin Trust [GBTC] is still at 18.32% and that of Grayscale Ethereum Trust [ETHE] at 72.63%. This high premium on crypto products by Grayscale has been the talk of the town ever since the halving when the news of...Read More
XRP climbed by a small 3% this week as it reached the $0.29 level. Toward the end of last week, the coin bounced higher from the .382 support at $0.264. Against Bitcoin, XRP penetrated above a falling trend line. XRP/USD – Bulls Bounced from .382 Fib Support Key Support Levels: $0.28, $0.264, $0.256.Key Resistance Levels:...Read More
SiGMA Group has announced the postponement of its tech and gaming-focused Europe summit, which was planned to be held in Malta on 18-19 November 2020. The 4th edition of the AIBC Summit will now open its doors early next year in February, running from the 17-18th, making it the first event to headline the 2021...Read More
The three-year-long class-action lawsuit against Tezos for supposedly violating securities laws in the US with its 2017 ICO has come to an end after Judge Richard G. Seeborg approved the $25 million settlement offer brought by Tezos earlier this year. Lawsuit Targeting Tezos: The Backstory The company had little time to celebrate its successful initial...Read More
[PRESS RELEASE] HONG KONG, Aug. 28, 2020 – Crypto.com today announced that Crypto.com Pay — the company’s payment solution for online merchants — will now support CRO payments from any ERC-20 wallet. This evolution of Crypto.com Pay will help merchants expand their reach by giving customers more wallet options to spend CRO and increase transaction...Read More
The ongoing DeFi craze shows no signs of slowing down as the total value locked (TVL) in different protocols continues to increase by the day. As CryptoPotato reported earlier today, SushiSwap, the protocol that is attempting to fork the world’s leading decentralized exchange Uniswap by introducing a liquidity reward token called SUSHI, topped $1.2 billion...Read More
The cryptocurrency market rallied for the better part of August but began to move sideways as the month came to an end. This resulted in the price of many altcoins stabilizing and even shrinking a little. Bitcoin, the largest cryptocurrency has been also witnessing a similar trend and at press time, was valued at $11,799....Read More
Inspired by Brexit, a group called Yes California is leading the charge for separation of California from the United States. And it seems, cryptocurrency will form the backbone of the financial system in the independent country of California. California To Ditch The US For Freedom, & The US Dollar For Crypto According to the latest...Read More
BTC futures were first launched in December 2017, and their initial performance was contrary to the hype that surrounded it. Market expectations ranged from a sudden climb in BTC spot price to increase liquidity on spot exchanges. However, the two most popular Bitcoin futures exchanges – CME and CBOE faced two different fates. Before CME’s...Read More
The crypto industry is scrambling to find a solution for the unfeasibly high gas fees that make smaller transactions on the Ethereum network financially unviable. The 2020 DeFi boom and explosion in yield farming platforms have strained the Ethereum network so much that whales and minnows alike are now fighting for block space to get...Read More
Investment has been pouring back into the global crypto market and Bitcoin consistently now since August 27, from a low of $348 billion to its current peak at $387 billion – according to data from Coinmarketcap. This influx of capital has helped the leading crypto’s price climb over $800 from it’s monthly low at $11,115,...Read More
Launched just last week as a fork of Uniswap, SushiSwap has gained traction as the hottest thing in DeFi at the moment. It aimed to build on the popular token swapping protocol but offer a native token as a reward to liquidity providers. Uniswap only offers a 0.3% share of its trading fees to those...Read More
Bitcoin Dominance dipped to 59.7 as Ethereum surged to $444. Bitcoin Cash showed signs of continued bearishness. Zcash could be gearing up to flip a resistance to support. Algorand was trading at a level that buyers and sellers were evenly matched at. Bitcoin Cash [BCH] Source: BCH/USD on TradingView BCH showed continued bearishness. It has...Read More
Bitcoin continues to improve its position slowly and is currently hovering above $11,900. However, double- and even triple-digit price pumps from lower-cap alts continue to decrease BTC’s dominance to a yearly low of beneath 57%. 2-Year High For ETH, Sushi Enters Top 100 Ethereum doubles-down on its recent price pump with another 10% increase. ETH...Read More
