Bitcoin has been one cryptocurrency that has been constantly in demand. Recently, Bakkt Bitcoin futures marked an all-time high in the physically settled Bitcoins, while the tokenized version of Bitcoin has been peaking in decentralized finance [DeFi]. Even though the spot market may appear dull at the moment, major activities were going on in the...Read More
IOHK, announced in a blog today that it would offer $250,000 in public funding to Project Catalyst which is an experiment to get more developers to build decentralized applications or dApps on the Cardano blockchain. Moreover, users who hold Cardano’s native crypto, ADA would be able to submit their ideas, collaborate, vote and award funds...Read More
Bitcoin could be a sound long term investment according to these metrics. Yet in the short-term, it still remains a volatile asset. Trading at $10,900 at press time, Bitcoin’s surge left many altcoins struggling against bearish pressure. Polkadot formed a bullish pattern and had room to rise, but could fall short of the target. Ontology...Read More
U.S. Treasury Department sanctioned two Russian nationals, Danil Potekhin and Dmitrii Karasavidi for their alleged involvement in a phishing campaign that resulted in losses of around $16 million worth of cryptocurrencies from users’ accounts in two U.S.-based and one foreign-based cryptocurrency exchanges. Secretary of the Treasury, Steven Mnuchin published a tweet that stated: As innovation...Read More
The volatile crypto market has presented numerous opportunities for the traders to reap benefits and also suffer losses. However, the past week’s loss could have been a great opportunity for the accumulators. Bitcoin kickstarted the week is valued at $10,340 and ended almost at the same value, although the coin fluctuated within the $600 range...Read More
Bitcoin reached $10,950 and faced resistance at $11,200 as Bitcoin Dominance rose alongside. This meant many major altcoins could be facing selling pressure in the near-term. Chainlink lost an important level of support and was primed for a slide to the downside. IOTA also showed bearish momentum, whereas Dogecoin took its first step towards halting...Read More
Bakkt saw a surge in cash-settled bitcoin futures 36% higher than the previous all-time high. This is especially weird considering bitcoin’s uncertain nature. However, there is an interesting take to all of this. Another record day in the books for our physically delivered futures: 15,955 Bakkt Bitcoin Futures were traded today, representing over $200M of...Read More
In the past month, the NASDAQ-listed company MicroStrategy bought $425 million worth of Bitcoin. CEO Michael Saylor brought out BTC’s unique qualities to serve as a hedge as the primary reason. However, not too long ago, Saylor’s opinion differentiated substantially as he claimed that Bitcoin’s “days are numbered.” MicroStrategy’s CEO expressed his rather adverse verdict...Read More
Besides Bitcoin, all the major altcoins were undergoing severe corrections over the past 24-hours and it seemed like the depreciation was only going to get worse from here onwards. Bitcoin saw its price rise by over 1.6 percent in the past 24-hours and is now trading at $10,871. Source: CoinStats The likes of Bitcoin SV,...Read More
Bank for International Settlements (BIS), which is an international financial institution owned by central banks posted a job announcement today that stated a requirement for a “host” of blockchain experts to join the BIS Innovation Hub. Daydreaming about creating your own currency? Join the #BISInnovationHub, and make it happen #blockchainjobs #cryptojobs #CBDCs #blockchain #DLT https://t.co/5xqatNVt3C...Read More
U.S. Department of Justice charged five Chinese citizens for launching malware that led to the crypto-jacking of computers to mine cryptocurrency. However, the indictment did not mention which cryptocurrency the Chinese cybercriminals tried to mine. According to the release the cybercriminals are said to be fugitives in China with one of them claiming connections to...Read More
The Wyoming Banking Board has voted to approve an application for a special purpose depository institution (SPDI) charter of Kraken. In essence, Kraken has officially become the very first cryptocurrency exchange to become a newly chartered bank in the US since 2006, according to a NASDAQ report. This means that the exchange will get access...Read More
San Francisco-based Bitcoin and cryptocurrency exchange, Kraken today announced that U.S state of Wyoming approved Kraken’s application to form Kraken Financial which would allow it to provide seamless banking services between cryptocurrencies and fiat for Kraken clients in the U.S. This move would make Kraken Financial the world’s first Special Purpose Depository Institution (SPDI) based...Read More
Cardano has dropped out of its bearish pattern, however, its journey higher starts now. With rising bitcoin prices and dominance, there might an altcoin sell-off soon, which might hamper altcoins’ performance. Cardano 4-hour chart Source: ADAUSD TradingView The chart shows the price of Cardano breaking promptly from the rising wedge. After testing the support at...Read More
Disclaimer: The following price prediction should not be taken as investment advice as it is the opinion of the writer. Unlike other top digital currencies in the space, XRP struggled to respond after the collective industry collapsed between 1st-2nd Septemeber. With Bitcoin and Ethereum making significant strides in their recovery, XRP failed to move above...Read More
By Raj Jain, Head of Stablecoin USD Coin, the world’s leading fully-backed, regulated stablecoin, recently reached $2 billion in market cap. To celebrate this major milestone, we’re issuing a Request for Startups. Join us in creating an open financial system with greater access and inclusion for all. Just two months ago, in July, USD Coin...Read More
Ethereum bulls are currently trying to defend the 2019 high price at $364. The cryptocurrency is forming a descending triangle pattern on the 4HR charts. Against Bitcoin, ETH shows weakness as it starts to head back to the September support around 0.0329 BTC. ETH/USD – Etheruem Starts To Form Short Term Descending Triangle Key Support...Read More
We’ve all heard of the dollar-cost averaging strategy. If you invest the same amount of money, on a periodic basis, irrespective of ups or downs in the market, you’d be better off. This simple strategy is advocated as the crux of any systematic investment plan, but very few people actually do it, and even less...Read More
The world of digital assets and blockchain technology has drastically changed over the past few years. Cryptocurrencies such as Bitcoin, Ethereum, XRP, etc have become household names and the gateway to these assets are exchanges. Most importantly, the idea of decentralized exchanges has picked up the pace, and currently, the space is extremely competitive between...Read More
They say crypto’s biggest appeal lies in how fast one can acquire ‘Lambos,’ fly ‘to the moon’ and get their ‘numbers to go up.’ The Lambo aspect is still relevant as folks are making insane money day in and day out. The other two, not so much. Although traders still bet on prices of Bitcoin,...Read More
Disclaimer: The following article attempts to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on price. Ever since the March crash, the value of Bitcoin Cash had been restricted between $206.37 and $263.30, with sudden spurts and a correction adding to the trend. BCH was valued at $333 in mid-August...Read More
Binance Coin retraced some recent gains and could fall further, while Tezos looked also likely to drop. XTZ showed no signs of reversing the downtrend it was caught in. Cosmos showed rising bearish momentum in the near-term and its price ranged between two strong levels that have refused to be flipped since early September. Binance...Read More
[Featured Content] SLOBLOCO 2020 is the first Slovak Blockchain Congress with international participation that will run from November 16th-18th based in Samorin, Slovak Republic. The team behind the Congress has the ambition to fill the conference with 430 participants with approximately 85% exclusively from Slovakia and the Czech Republic with a large portion of attendees...Read More
If you’re looking at accepting cryptocurrency payments such as Bitcoin, one of the most important issues is whether all transactions will be safe and secure. While it is a known fact that due to blockchain technology, crypto payments are a safer method of payment for goods or services, the threat of internet fraud is always...Read More
[Press Release – Please read the disclaimer below] Most crypto exchanges don’t have global market data, Social news, Signals. Clients have to go the different websites for data that should be in one place. Everything can be available in “AjuBit Advanced Informative Platform”. The World’s first platform who presents in House & Global market data in...Read More
Another day, another bad news for the people of Venezuela. Paxful has decided to stop supporting the country, giving users 30 days to withdraw their funds and preventing any new sign-ins. Throughout the day, users of the platform received an email, in which Paxful warned it had to “close its operations” in Venezuela after months...Read More
That is until today when the lead developer has submitted the first official proposal for the Phase 0 stage of the migration to Ethereum 2.0. Phase 0 EIP Submitted Ethereum developer Danny Ryan has submitted the first Ethereum Improvement Proposal (EIP) 2982 to the Github repository. This marks the first official step to getting Phase...Read More
Banned or not, cryptocurrencies made its way to India, and traders have not shied away from the opportunity to explore their investment options. Among top cryptocurrencies, Bitcoin has been the most-opted for crypto given its history and dominance above other alts. As the BTC market has been providing great opportunities for traders to enter the...Read More
Popular DeFi protocol Cream Finance’s staking mechanism has stopped working because of an input error in its smart contract, which has increased the distribution speed ten-fold. At the same time, the Cream Finance (CREAM) token continues plummeting in value and is down by 50% in the past 24 hours alone. Cream Finance’s Tech Problem The...Read More
ATLANTA, GA – September 16, 2020 – For Blockcard Account users who noticed recently that they can now activate their own Blockcard bank accounts, a new feature has just gone live: Buying Bitcoin (BTC) and Ternio (TERN) directly with USD. BlockCard bank accounts now give customers a full on-ramp and off-ramp in or out of...Read More
