September 15, 2020

Litecoin blockchain-based game allows players to earn LTC

Germany-based video game company CipSoft has released a game that fully operates on the Litecoin blockchain and does not have a central server according to an announcement published on twitter today. Named LiteBringer, the online role-playing game is similar to CipSoft’s first video game Tibia which involves fantasy characters, difficult quests and rewards. In LiteBringer though,...
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Bitcoin Price Analysis: BTC Runs into Major Resistance – $11K or $10K Retest Next?

Bitcoin is stealing all of the attention right now in the crypto market, with a 1.6% gain over the past 24 hours while most altcoins have plunged into the red. According to Coinmarketcap data, $8 billion was added to the market today from 10:00 to 13:45 (UTC+1) and then quickly evaporated 4 hours later. The...
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Cardano, IOTA, Algorand Price Analysis: 15 September

Bitcoin continued to surge and was trading at $10,825 at the time of writing. The sentiment around cryptocurrencies shifted from fear to neutral, as the Fear and Greed Index showed a reading of 47.  A strong Bitcoin did not alter the fate of Cardano and IOTA which showed a lack of momentum in the markets....
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Chainlink, EOS, FTX Token Price Analysis: 15 September

Chainlink reached an ATH of $20 in August and could be set to slowly grind downward in the coming weeks. On a shorter time frame as well, the path of least resistance for LINK was to the downside. EOS was consolidating above a level of support. FTX Token could be set to trade within a...
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Crypto gambling firm Unikrn pays $6 million fine for illegal ICO 

U.S Securities and Exchange Commission (SEC) charged a Seattle-based crypto eSports and gambling platform Unikrn for conducting an ‘unregistered’ initial coin offering( ICO) in 2017, which is a violation of the U.S registration laws. According to the release, Unikrn will reportedly pay a $6 million fine and also distribute its assets to injured investors through...
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Brock Pierce Backed By NY Independence Party While Being Sued

In July 2020, Pierce announced he would participate in the 2020 US Presidential elections as an independent candidate. He was recently nominated as a presidential candidate by the Independence Party of New York due to the new ballot threshold law that puts the party under threat. Interestingly, Pierce does not hope to win the upcoming...
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Bitcoin is an asymmetric bet and here’s why you should hodl it

The prominent narrative for Bitcoin has been its correlation with Gold and its ability to be a store of value. This narrative has been driving growth and the correlation between Bitcoin and Gold. The correlation between the two assets has been on the rise lately and sits at 60% on a 30 days basis. As...
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Binance.US launches regulation-compliant services in Georgia, USA

Residents in the US state of Georgia can now register on the Binance.US cryptocurrency exchange which will function under the state’s regulatory requirements, according to a company announcement published today.  🍑 https://t.co/AZwoBOy3iq is now live in Georgia 🍑 Georgians can start registering & trading today! — Binance.US 🇺🇸 (@BinanceUS) September 15, 2020 This move comes...
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Polkadot, Stellar Lumens, VeChain Price Analysis: 15 September

Bitcoin’s surge past $10,500 could have a positive effect on the rest of the market as the fear in the markets slowly evaporates. Polkadot confirmed a bullish pattern as it broke upward past the resistance and looked likely to surge further. Stellar Lumens found support on a near-term moving average but did not show any...
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Bluzelle oracle to power Polkadot DeFi developers 

Decentralized data network startup Bluzelle will provide its decentralized storage services to developers who will build on Polkadot’s DeFi ecosystem, a flagship project of the Web3 Foundation, according to a press release shared with AMBCrypto today. Furthermore, Bluzelle’s distributed storage project will integrate with Parity’s  Substrate framework as well. As per the release, Polkadot’s integration...
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Ethereum long-term Price Analysis: 15 September

For Ethereum and the rest of the altcoin industry, volatility is high at the moment. With the price undergoing massive sell-off and surges on a 24-hour period, Ethereum has entered a transitionary realm when bears are losing their grip on the long-term. With consistent recovery since September 3rd, there was a high probability for Ethereum...
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Bitcoin dominance falls, can DeFi help revive 2017 trend?

Another brutal week passes with the Bitcoin price still stagnant around $10k. The digital asset has been losing dominance in the market, something which was observed in the previous bull-cycle as well. Does this mean BTC was on-track to shoot to the moon? Of dominance and hype In 2017, BTC was losing market dominance as...
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XRP short-term Price Analysis: 15 September

Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. Unlike other assets, XRP has found it more challenging to attain a consistent move upwards over the past few days. While top assets such as Bitcoin and Ethereum have reduced their losses from the drop...
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Finally, Bitcoin’s FAD status is fading!

It’s not a shock that Bitcoin outperforms many popular assets in the world. In fact, not only does it outperform popular assets but leaves them in its rearview mirror, eating dust. This is not just because bitcoin is a “speculative asset” and it is living in a “bubble”. It’s been more than a decade since...
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XRP Price Analysis: Huge Move Incoming As Ripple Consolidates

XRP continued to move sideways this week as it trades along the 100-day EMA, beneath $0.25. The bulls are slowly climbing, but it is quite negligible. Against Bitcoin, XRP dropped beneath the September support at 2275 SAT today as the sellers take control. XRP/USD – Bulls Push Above 100-days EMA Key Support Levels: $0.243, $0.235,...
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DeFi Project Bluzelle Enters Polkadot Ecosystem

The decentralized data network Bluezelle is working closely with the Web3 Foundation in order to further its services and provide them to the Polkadot Ecosystem. This will supposedly deliver distributed storage solutions to projects that are building on top of Polkadot’s Substrate framework. Bluezelle Enters Polkadot Ecosystem According to a press release shared with CryptoPotato, the...
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Bitcoin SV, Dash, Ethereum Classic Price Analysis: 15 September

Bitcoin SV looked headed for a drop to recent lows at $150 while Dash formed a bullish pattern that was invalidated in the face of selling pressure. Ethereum Classic showed it was heading upwards, but could take a few more trading sessions to confirm bullishness. Bitcoin SV [BSV] Source: BSV/USDT on TradingView On longer timeframes,...
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NASDAQ-Listed MicroStrategy Buys $175 Million More Worth Of Bitcoin

The NASDAQ-listed company providing business intelligence and mobile software MicroStrategy has added $175 million worth of Bitcoin to its portfolio. The addition comes just a month after the firm purchased $250 million of the primary cryptocurrency. MicroStrategy Doubles Down On Its Bitcoin Accumulation As CryptoPotato reported a month ago, the Virginia-headquartered company developing software to...
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US Plans to Simplify Regulation Process for Cryptocurrency Firms

US-based money services businesses, including cryptocurrency companies, will soon be able to enjoy trimmed down regulatory processes. The Conference of State Bank Supervisors (CSBS) reportedly plans to unveil a new joint group of state regulators that will oversee all licensing. Simplified Regulation Processes For Crypto Firms In The US According to the Reuters report, the...
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Bullish For Bitcoin Price? Indicators on BTC Futures and Options Turned Green

Bitcoin buy liquidations on BitMEX surpassed twice the volume of sell liquidations. And with aggregated open interest and daily volumes ticking higher, Bitcoin futures markets are looking bullish. Options markets have not stayed back either on the ‘being bullish’ front.’ Could this mean that traders are going long on BTC? Will the top cryptocurrency make...
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Another Bitcoin crash in the making? Here’s everything you need to know

A fractal formation hints at a potential March-style crash in bitcoin price soon. The similarities between the two are uncanny and if the same does take place, we might see bitcoin dip below $10,000 level easily. Although bitcoin has climbed higher in the last 24-48 hours, it isn’t quite bullish yet, at least not until...
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SnapEx Announces World Trading Championship Season 2 with 200K USDT Prize Pool

[PRESS RELEASE – Please See Disclaimer] SnapEx, a fast-growing crypto contract trading platform catering to both beginner and experienced traders, has announced the latest round of their trading competition series. The SnapEx World Trading Championship (WTC) is back for Season 2 – based on Real account trading for both individual traders and teams – running...
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CFTC Filed a Complaint Against Operators of an Alleged $1 Million Bitcoin Investment Scheme

The United States Commodity Futures Trading Commission (CFTC) has filed a complaint against four individuals for defrauding investors of $1 million through an alleged Bitcoin investment scheme. Dubbed Global Trading Club (GTC), it operated as a BTC trading robot for over a year. CFTC Goes After GTC’s Members The Commission’s statement named the four people...
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Litecoin long-term Price Analysis: 15 September

Disclaimer: The following article attempts to analyze the emerging trends in the Litecoin long-term market and its impact on price.  The Litecoin market has been witnessing increased volatility as it surpassed its immediate resistance at $49.5 and was being valued at close to $51. However, the digital silver could not hold on to this price...
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Bitcoin Cash, Monero, Dogecoin Price Analysis: 15 September

Bitcoin briefly slumped to $10,200 in the past couple of days as traders feared another sell-off but recovered swiftly to breach the $10,500 level and was trading at $10,737 at press time. Source: CoinStats However, evidence of BTC inflow to exchanges could forecast another wave of selling pressure for Bitcoin. Bitcoin Cash and Monero showed...
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Pompliano And The US Fed Changed Jim Cramer’s Mind On Bitcoin

Former hedge fund manager and current CNBC TV host Jim Cramer has changed his mind on Bitcoin. Appearing on Anthony Pompliano’s podcast, Cramer gave the reasons for his change of heart. Cramer Changes His Mind on Bitcoin CNBC’s Mad Money host has previously had a somewhat erratic relationship with Bitcoin. Although he claimed in 2017...
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Bitcoin Records 12-Day High As Equity Markets Recover (Market Watch)

Bitcoin’s 3.5% increase led to its highest price level in about 12 days, while also increasing its dominance over the market. The top 10 coins by market cap see more rotations, as some alts have followed BTC’s move upwards. Bitcoin Tops At $10,840 As reported yesterday, the primary cryptocurrency had issues with the resistance at...
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YAM Tokens Surge 40% as v3 Relaunch is Announced

Yam Finance catalyzed the DeFi food farming frenzy in mid-August as it was one of the first to launch high yielding liquidity pools. The offering at the time was an experimental elastic supply, ‘zero-value’ token as a reward for liquidity providers. Yield hunters flocked to the unaudited platform despite warnings from its founders about the...
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Bitcoin (BTC) $ 97,230.05 3.67%
Ethereum (ETH) $ 3,321.26 7.44%
Tether (USDT) $ 1.00 0.17%
Solana (SOL) $ 249.86 6.63%
BNB (BNB) $ 621.84 2.07%
XRP (XRP) $ 1.11 1.41%
Dogecoin (DOGE) $ 0.383997 1.07%
USDC (USDC) $ 1.00 0.13%
Lido Staked Ether (STETH) $ 3,322.94 7.39%
Cardano (ADA) $ 0.787639 4.64%