September 17, 2020

Uniswap (UNI) is now available on Coinbase

Starting today, Coinbase supports Uniswap (UNI) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store UNI. UNI is available in all Coinbase-supported regions, with the exception of New York State. Uniswap (UNI) Uniswap (UNI) is a token used for governance actions in the...
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German music label firm Kompakt now accepts Bitcoin, ETH via Utrust gateway 

Utrust, a blockchain powered crypto payment gateway that gives e-commerce businesses the option to accept cryptocurrencies like bitcoin and ethereum, announced its integration with Kompakt, a Cologne-based electronic music record label company. This would allow the music company’s fans to pay in digital currencies like BTC, ETH, and also UTC token when they buy merchandise...
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Coinbase announces the listing of YRF and LRC tokens 

San Francisco-based crypto exchange Coinbase announced today that it would now support Loopring (LRC) and yearn.finance (YFI) at Coinbase.com and in the Coinbase Android and iOS apps. LRC and FYI were made available in all Coinbase-supported regions, with the exception of New York, USA. The announcement has been made public almost a week after Coinbase...
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Bitcoin Price Fails to Close Above $11K But Are Bulls Done Yet? (BTC Analysis)

Bitcoin bulls are recovering after failing their first attempt to break over $11,000. Despite a promising rally over $10,900, the surging momentum was insufficient to overcome the strong selling pressure at the critical psychological level. BTC breaking into the overbought region on the 4H RSI will have also contributed to the downward force bearing on the...
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Bitcoin – How risky is the institutional investor’s favorite?

Bitcoin has been, by far, one of the market’s best-performing assets, despite periods of stagnation in 2020. Given the present economic condition and the uncertainty that is prevalent, Bitcoin has been pitted to be the go-to store of value asset, giving the likes of monetary metals like gold stiff competition. This has also led to...
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Meet the Coinbase Crypterns who are building the future of money

At Coinbase, we believe that the best people to help us create the future of finance are the ones who will be the most affected: young people like our college Crypterns. Whether it is a remote or an in-person crypternship experience, our Coinbase interns develop & ship high-priority projects over the course of their 12–16...
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Should Ethereum traders brace for a U-turn?

DeFi’s explosion has fueled Ethereum’s transaction fee hike and the subsequent price rally. When DeFi exploded on 2 September 2020 and later, on 5 September 2020, the figures for Total Value Locked hit $9.6 B on the charts. In fact, Ethereum’s price hit a new high of $484.15, corresponding to DeFi’s rally.  Source: Coinmarketcap Not...
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Coinbase Pro to pass on Ethereum gas fee directly to its customers 

U.S based cryptocurrency exchange Coinbase Pro announced in a tweet today that the exchange would begin passing network fees to its customers with network fees (otherwise known as Gas on the Ethereum blockchain) which is paid directly to cryptocurrency miners that process transactions and secure the blockchain networks. To ensure a smooth experience for our...
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Can Africa count on Bitcoin as its go-to safe-haven asset?

Bitcoin’s status as a safe-haven asset has been one of its key selling points for a long time. In fact, this has enabled the world’s largest and most dominant cryptocurrency to welcome more users into the ecosystem, especially in light of the fact that citizens in failing economies are rapidly losing faith in their depreciating...
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Polkadot treasury to take on improving network: first proposals are in!

Since its launch in May, Polkadot (DOT) announced the establishment of its ‘Treasury’ which is a new decentralized platform to fund projects according to a press release shared with AMBCrypto today. Polkadot Treasury, which is said to be a pot of funds collected through transaction fees, slashing, and staking inefficiencies, will be run by a...
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From Bad to Worse as Chainlink Crashes 30% in 2 Weeks, Where’s the Bottom? (LINK Price Analysis)

Chainlink dropped by 3.2% today as it hits the $10.40 support once again. Against Bitcoin, LINK dropped through the crucial 0.001 BTC support as it trades around 0.00097 BTC. LINK/USD – Bulls Nowhere To Be Seen Key Support Levels: $10.40, $10, $9.00.Key Resistance Levels: $11.62, $12.60, $13.35. LINK has been quite dire during trading in...
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Ethereum Bounces on Uniswap (UNI) Token Hype, Is $400 in Sight? (ETH Price Analysis)

Ethereum climbed by 4.2% today as it reached the $380 mark. The cryptocurrency broke a descending triangle pattern on the short term charts. Against Bitcoin, ETH is starting to recover as it climbed back above 0.035 BTC. ETH/USD – Etheruem Bulls Break Descending Triangle. Key Support Levels: $364, $350, $336.Key Resistance Levels: $390, $400, $410....
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Loopring (LRC) and yearn.finance (YFI) are now available on Coinbase

Starting today, Coinbase supports Loopring (LRC) and yearn.finance (YFI) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store LRC and YFI. LRC and YFI are available in all Coinbase-supported regions, with the exception of New York State. Loopring (LRC) Loopring (LRC) is an...
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Dive in! Here’s why Bitcoin at $7844 may be the final buying opportunity

Dips are a common phenomenon in every financial market. Whatever goes up, has to come down – Momentarily, or otherwise. The same is true for Bitcoin. While many novice traders fear the sight of a price decline, opportunistic traders observe it from the perspective of accumulation for the long-term. Ecoinometrics’ latest newsletter on previous Bitcoin dips...
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Tezos long-term Price Analysis: 17 September

Disclaimer: The findings of the following article attempt to analyze the emerging patterns in Tezos’s long-term market and its impact on the price Tezos’s market may not be performing as it did in 2019, but it is still reporting significant growth for the year 2020. Its year-to-date gains had climbed to 70%, at the time...
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Polkadot’s Treasury Sets Out to Improve DeFi Ecosystem: First Proposals Submitted

Months following the launch of its mainnet, Polkadot has established a new decentralized platform to fund projects. Called the Polkadot Treasury, it will be run by Council members elected by the community. The Treasury represents a pot of funds collected through transaction fees, slashing, and staking inefficiencies. Polkadot Treasury Established In a press release shared...
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Binance. US and Coinbase Pro list Uniswap’s UNI the same day!

Crypto exchange Binance.US announced listing of Uniswap (UNI) token, which is used for governance actions in the Uniswap protocol, a decentralized automated liquidity protocol built on Ethereum. The exchange further announced that  UNI tokens will be available in the UNI/USD and UNI/USDT trading pairs with deposits going live from today.  https://t.co/AZwoBOy3iq will list $UNIhttps://t.co/e4p5PT6CYR pic.twitter.com/BBPVm64KOo...
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Are Bitcoin HODLers panicking yet?

After noting a 24-hour rise of 54.27%, Bitcoin held on exchanges climbed to 28.54k. In fact, this was the biggest one-day increase in nearly two months. This BTC is held on exchanges for the purpose of trading and an increase in this number is an indicator that HODLers are selling slowly. While there are other...
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Bitcoin short-term Price Analysis: 17 September

Disclaimer: The findings of the following article should not be taken as investment advice as it is the sole opinion of the writer  Bitcoin was undergoing corrections, at the time of writing, over the shorter timeframe. After recording significant movement while also briefly re-testing the $11,100-mark, Bitcoin’s bullish momentum on the charts finally seemed to...
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Rubic Exchange: Increase Accumulation with the help of DeFi Service

[PRESS RELEASE – PLEASE READ DISCLAIMER BELOW] The decentralized finance sector continues to break records: the amount of funds blocked in the protocols the day before has already reached almost $ 9 billion, according to DeFi Pulse. In 2020, decentralized finance (DeFi) became the most popular direction on the crypto market, although at the beginning...
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Decentralized Trading Platform Grows 230% in 2 Days As Paxful Left Venezuela

The loss of some is the gain of others, especially the crypto-verse. On September 14, 2020, Paxful announced that it was closing its operations in Venezuela because the OFAC sanctions made it very risky for them to provide their services to Venezuelans. They gave their clients two options: either withdraw their funds in less than...
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Bullish for Bitcoin? Twitter Sentiment and BTC Deposits on Exchanges Dropping

Social mentions about bitcoin have touched an all-time low on Twitter. Also, BTC deposits on major cryptocurrency exchanges are dropping steadily and are at their lowest levels since November 2018. Will these two developments push bitcoin prices higher in the near term? Bitcoin’s Social Sentiment On Twitter At An All-time Low As per crypto market...
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Chainlink long-term Price Analysis: 17 September

Bitcoin’s price has been on a recovery run since its fall on the price charts at the start of the month. However, for altcoins like Chainlink, Bitcoin’s sentiment did not seem to have a lot of effect on the cryptocurrency’s price action. Since the start of September, the cryptocurrency’s price has largely been on a...
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Hong Kong Blockchain Week 2020 Goes Virtual to Feature International Leaders of Finance and Tech

With support from the Hong Kong community, industry leaders from across the world will converge at the largest virtual event for businesses, regulators, and technology. The 2nd Annual Hong Kong Blockchain Week 2020 hosted by The NexChange Group will be held between the 17th and 19th of November 2020. The core event of the week...
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Price of Tomorrow Author Jeff Booth Calls Bitcoin A ‘Must’ And A ‘Lifeboat’

Prominent entrepreneur and Price of Tomorrow author Jeff Booth is among the latest popular individuals to publicly endorse Bitcoin. In a recent Twitter post, he called the primary cryptocurrency a lifeboat and a “must” during economic uncertainties. Booth Outlines Global Debt Problems Co-founder and former CEO of Build Direct took it to Twitter to offer...
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UNI, not Ether as Ethereum network fees hit record

Ethereum‘s network has for long faced scalability issues that have all contributed to gas fees climbing to newer and greater heights. A recent example of this was observed when Uniswap, a decentralized trading platform, announced the launch of its governance token UNI on 17 September. 1 billion ERC-20 tokens will be released over the next...
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Eleven Value Propositions for Anyswap’s ANY Token

Anyswap is currently the only decentralized cross-chain swap protocol in the crypto industry. It is powered by Fusion’s DCRM technology to allow cross-chain swaps between different coins and tokens. ANY is the governance token of Anyswap, it was issued on the Fusion chain, and it will be used to reward Anyswap users and to allow...
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Uniswap Token (UNI) Skyrockets 300% on Coinbase and Binance Listings

Uniswap’s UNI token just released on the Ethereum main net. Soon after, Coinbase Pro and Binance announced its listing on their platforms. UNI’s market price soared through the roof (to the tune of 300 percent) post the news. Coinbase Pro Announces Listing For Uniswap’s UNI Token According to a blog article, US-based cryptocurrency exchange Coinbase...
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Ethereum as a hedge? Thank smart contracts

After Bitcoin, Ethereum has been the hottest cryptocurrency in the market, especially off-late, with its growth driven by Decentralized Finance [DeFi]. In fact, DeFi’s growth has become synonymous with the growth of Ethereum due to the latter’s heavy utilization in DeFi protocols. Today, investors have moved on from simply holding on to the second-largest crypto-asset...
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UJ DOJ Indicted Two Russians For Duping $17M From Crypto Exchanges and Customers

The US Department of Justice (DOJ) has indicted two Russian nationals for allegedly defrauding nearly $17 million worth of digital assets from cryptocurrency exchanges and their customers. Two Russians Allegedly Steal $17M In Crypto According to the DOJ’s official statement, the two Russians, Danil Potekhin (going under the username cronuswar) and Dimitrii Karasavidi (Dmitriy Karasvidi), ...
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Bitcoin (BTC) $ 67,486.08 1.42%
Ethereum (ETH) $ 2,407.69 1.83%
Tether (USDT) $ 0.998959 0.34%
BNB (BNB) $ 553.94 0.25%
Solana (SOL) $ 159.76 0.54%
USDC (USDC) $ 0.999676 0.15%
XRP (XRP) $ 0.50836 1.70%
Lido Staked Ether (STETH) $ 2,410.12 1.67%
Dogecoin (DOGE) $ 0.15515 5.41%
TRON (TRX) $ 0.163542 0.52%