Customers in France can now pay in Bitcoin when they order from Just Eat France which is an online food ordering company and a part of the UK based Just Eat group. Moreover, the platform announced on its website that it would use Bitpay as its BTC payment provider. There was no official announcement about...Read More
Former project manager at now defunct crypto investing firm Bitsonar, Yaroslav Shtadchenko, has filed a complaint with the U.S Federal Bureau of Investigation (FBI) accusing his former employer at Bitsonar of fraud. The accused, Bitsonar’s founder, Alexander Tovstenko, who was also a former clerk at the Ukrainian government hired Shtadchenko in 2018 “to provide consulting...Read More
The whole fever of DeFi and high-risk investments may soon turn into Ethereum’s worst nightmare, and those responsible for this debacle may not be the yield farmers. Rather, it could be the participants of a giant investment plan cataloged as a Ponzi/MLM scheme by several experts and authorities around the world. For those unfamiliar with...Read More
Ethereum Options volume, at the time of writing, had dropped to $4.9M on Deribit, a level last seen back in June 2020. Interestingly, such a drop to uncertain levels has put derivatives traders in previously unchartered territory. In fact, Options volume over the past week matches the level of BTC Options volume from January 2019,...Read More
Argentina’s official immigration agency suffered a ransomware attack with hackers demanding $4 million in Bitcoin, according to reports. The immigration agency otherwise known as the Dirección Nacional de Migraciones (DNM) suspended border crossings for four hours until officials revived the systems again from the attack, according to local reports. The cyberattack was first reported by...Read More
Chainlink has suffered as many altcoins have. In fact, LINK marines seemed to be scrambling as the cryptocurrency’s price trotted around the $12-mark, with more dips expected. The market cap of LINK had shrunk from $6.3 billion a week ago to $4.5 billion, as of writing. The 24-hour price change didn’t point to a sign...Read More
Litecoin‘s charts showed that LTC was still caught in a strong downtrend, one that had not yet slowed down. Polkadot registered a potentially bearish pattern, one that could set up a sharp drop for the cryptocurrency in the coming days. Finally, Steem’s charts indicated that it could be heading further lower. Litecoin [LTC] Source: LTC/USD...Read More
Bitcoin’s 2020 rally is stalled, for now. However, throw some liquidity and bullish trading sentiment in the mix and you have a winner. In fact, an in-depth look at Bitcoin Futures’ charts suggests that the cryptocurrency’s price may bounce back soon. A reason why this may be the case is that Open Interest and daily...Read More
Bank of Japan (BoJ), one of Japan’s central banks, has put the development of a central bank digital currency (CBDC) on top priority since July, according to a report in Japan Today. As per the report, members of BoJ hoped to see its digital currencies operate seamlessly during times of natural disasters and especially during...Read More
Bitcoin contributed to a whole host of sell liquidation orders as it dropped from $11,400 to $10,000 a few days ago. On BitMEX alone, about $264 million worth of sell liquidations were registered. Further down the ladder, Ethereum Classic and Maker continued to slide down south as well. Bitcoin had been able to stave off...Read More
The Australian Securities and Investment Commission (ASIC) has banned an Australian national from working in the financial sector. According to the watchdog, John Louis Anthony Bigatton operated as the Director of Australia Promotions for the notorious cryptocurrency scam – BitConnect. Aussie National Banned For BitConnect Participation As CryptoPotato reported last year, the Australian corporate regulator...Read More
Bitcoin’s latest price drop below its crucial support level of $11500 has once again re-ignited the question of ‘buying the dips’. However, not all dips are alike, and buying the dip may not always be your best bet. @CryptoWhale was among those who recently commented on the narrative of “buying the dip.” Source: Twitter Some...Read More
Bitcoin, the world’s largest cryptocurrency, was trading at $10,147, at the time of writing, while Ethereum climbed as high as $361 before falling again. Stellar Lumens showed no change in its bearish outlook, however, and could drop even further. Ontology’s charts suggested that it might be in a consolidation phase after the drop from $0.95...Read More
So much for ‘this is the last time you’ll see Bitcoin under five figures”. Bitcoin price is now hovering along the top of the unfilled CME gap at $9,925, and looking very likely that it will break down to $9,665 soon to close it off. This anticipation of more downside in the short-term has been...Read More
As is often the case in the digital asset market, an altcoin may perform extremely well over the course of a bull rally. In fact, it may even outperform Bitcoin, which is why in the eyes of many, such tokens might even look like the real thing. However, many of these would soon crumble under...Read More
Disclaimer: The findings of the following article should not be taken as investment advice and the same should materialize within the next 24-hours After clocking in a value of $307 on 5 September, Ethereum’s recovery over the past 36 hours has been strong. On 6 September at 21:00 UTC, a local top at $360 was...Read More
After a freefall that led to an almost $2000 drop, Bitcoin’s price is showing signs of stability. From a March vs. September BTC price action comparison chart, however, it’s possible that the pain is just beginning. Why Did Bitcoin Price Crash Last Week? Several possible reasons can be attributed to Bitcoin’s near 20 percent crash....Read More
XRP fell by a steep 16.8% over the past week as the coin reached $0.234 today. XRP continued its decline as it broke beneath the strong support at $0.237. Against Bitcoin, XRP dropped below the 100-days EMA today. XRP/USD – Bears Push Toward .618 Fib Support Key Support Levels: $0.228, $0.22, $0.216.Key Resistance Levels: $0.24,...Read More
It feels weird writing about Bitcoin’s drop to $10,000 since usually, the headlines are all about Bitcoin’s rise above $10,000. However, with the market as bullish as it is now, a drop to $10,000 seems to be much worse than it actually is, compared to a rise over it. Even so, how bad is it?...Read More
Crypto Spot Volumes Soar, with Top Tier Exchanges Dominating In August, Top-Tier volumes increased 58.3% to $529bn while Lower-Tier volumes increased 30.2% to $291bn. Top-Tier exchanges now represent 64% of total volume (vs 60% in July). Binance (Grade A) was the largest Top-Tier exchange by volume in August, trading $124.9bn (up 83%). This was followed...Read More
The descent in Bitcoin’s price has been drastic but at the time of writing, it was holding steady above the $10,000 level, something that, as we all know, is ephemeral. Bitcoin’s price wants to dip to the low-$9,000s and the same will happen eventually, however, until then, keeping your hands off trading would be good...Read More
Centralized exchanges are facing the harsh reality of losing out to DeFi protocols that don’t have as many costs involved with transacting. The only way to get back in the game is to launch their own DeFi products to lure customers back, and liquidity farming is the most popular activity in the industry at the...Read More
Chainlink Rebounds With Boomerang Effect to Enter the Top 5 The past week witnessed an unpleasant run for the digital asset, with a plunge of more than 20 percent. Chainlink recorded a drop from over $15 to less than $10 gradually. But it grabbed everyone’s attention by recovering and jumping above $12 in less than...Read More
Cardano exhibited bearishness in its short and long-term outlook. In fact, it is likely that the crypto-asset will see another drop of close to 20% in September. Further down the cryptocurrency ladder, Algorand‘s price bounced a bit, but could be headed down south once more. Dash was trading above an important level of support on...Read More
The cross-chain data oracle platform Band Protocol has published a statement refuting the claims that its Co-Founder and CTO Sorawit Suriyakarn is the creator of the SushiSwap protocol, despite arguments broached by the community. The Community Claims Suriyakarn Is Chef Nomi In the past few days, the lead developer of the popular SushiSwap protocol, standing...Read More
Disclaimer: The findings of the following article should not be taken as investment advice as it is the sole opinion of the writer, and the same should materialize over the course of this week Dealing with the weight of a bearish onslaught at press time, Bitcoin SV declined below crucial support lines on the charts...Read More
Ethereum was launched in the year 2015, with great fanfare by developers and investors alike. All those expectations came to a harsh realization when the scalability, security, and other issues were presented in the Protocol. After a while, the creators and founders behind the project made some small improvements around the edges. This was enough...Read More
[PRESS RELEASE – Please See Disclaimer] 7 September 2020, 8:00am UTC– Binance Futures is hosting its 1st Anniversary Trading Tournament with over $1,600,000 USD in BNB tokens to be won. The tournament follows Binance Futures’ 1st Anniversary Video Competition. Binance Futures has become the global leading crypto derivatives trading exchange in under a year, providing...Read More
Tron was trading near important levels of retracement, while Synthetix was still in the throes of a sharp correction, at the time of writing. Further, EOS showed a lack of momentum in either direction, with the crypto likely to consolidate near its support in the next few days. Bitcoin, the world’s largest cryptocurrency, was able...Read More
Ethereum’s price has been freefalling in the past few days, losing nearly $200 of value at one point. According to a recent report, the price drop came shortly after the top 100 ETH exchange addresses dumped over 1 million tokens. ETH’s Recent Price Dump Predicted By Sell-Offs? Just until a few days ago, ETH’s price...Read More
