Bitcoin bulls appear to be recharging after successfully breaking back into the main channel (yellow) above $10,360 and surging to $10,790. An influx of $5 billion into the global crypto market cap over the past 24 hours has really helped prop up BTC prices above $10,700 and is also giving several altcoins a moment in...Read More
The importance of this current week has been fairly downplayed. Years down the line, the global payments system might look back at this particular period and suggest that this is where it all started. Let’s jog our memories on what actually happened. In two ‘un-correlated’ announcements, the People’s Bank of China-controlled finance magazine stated the importance...Read More
The last 48 hours came as a respite to many of the market’s altcoins, especially after most were pulled down by Bitcoin’s own depreciation on the charts. Thanks to BTC’s recovery, many of these alts recovered too, with the likes of XRP, STEEM, and Ontology among them. However, whether the recent bullishness is enough to...Read More
Samsung SDS, the IT arm of the South Korean multinational business Samsung group will begin testing a blockchain-powered distribution system that will offer better management of pharmaceutical drugs, according to a local news source, Yakup. The pilot project which is called ‘Disruptive innovation technology for tracking drug distribution history’ will be rolled out in November...Read More
Bitcoin has shown immense promise to the investors over the years, even though its growth may have currently been restricted due to a consolidating market. Despite the stagnated growth period, the coin has been returning 49% in YTD. Due to a strong correlation between BTC and most major alts along with other cryptocurrencies, the overall...Read More
Blockchain-backed, decentralized video platform, Theta Network will collaborate with Chainlink to build a new blockchain-based platform to solve the “multi-billion dollar Ad fraud problem” one that scams people through coin giveaways, the firm said in an announcement today. The project which is currently live on its testnet, uses Google’s Big Data solution, BigQuery, and would...Read More
It is an interesting period in the digital asset industry. While prices were indicating a series of pullbacks, many suggested that the bottom is near or possibly nearing with time. At the moment, Bitcoin continues to hold fort around the $10,000 range, bouncing consistently from the $10,200 mark. With the king coin holding its grounds,...Read More
Bitcoin’s on-chain metrics suggest that the market is overly bearish. This has been the case for most of 2020. Source: Coinmarketcap Up till now, on-chain metrics are considered a reliable source of data for predicting Bitcoin’s market sentiment and price. It is assumed that the Bitcoin Network needs sufficient on-chain volume in order to fuel...Read More
Life as we know it is full of surprises and unexpected situations can take place at any moment. Take 2020 for instance. The global economy was hit by a pandemic and for a brief period of time, the financial landscape was as bad as 2008. Securing your investments and assets is the main priority in...Read More
Following a week that saw Bitcoin, the world’s largest cryptocurrency, fall dramatically, BTC was soon in recovery mode. In fact, at the time of writing, it was valued at just under $10,700, with the cryptocurrency’s performance giving impetus to the market’s altcoins too. Taking BTC’s lead, many of these alts, including the likes of Tezos,...Read More
Blockchain tech company ConsenSys announced that it would work on the second phase of ‘Project Inthanon-LionRock,’ which will allow the firm to design a proof-of-concept for CBDCs. This project was launched in 2019 by the Hong Kong Monetary Authority (HKMA) and the Bank of Thailand (BOT) to “study the application of a CBDC to cross-border...Read More
DeFi is the latest hype machine in the crypto-market. It has evolved from simply earning interest by locking crypto to Governance tokens and being able to trade these derivatives. As of 01 January 2020, the total value locked [TVL] in DeFi was just around $675 million. However, as DeFi, governance tokens, and yield farming mania...Read More
Another action-packed week took place in the crypto field. Unfortunately, the market is currently in decline as the entire capitalization lost around $16 billion over the past seven days. The good news for Bitcoin bulls is that BTC managed to maintain itself above the critical psychological and technical support of $10,000. Things were looking rather...Read More
Bitcoin Bitcoin dropped by a total of 3% over the past seven days of trading as it reached the $10,600 level today. The cryptocurrency briefly pushed above the $11,000 mark last Friday but could not sustain this level as it broke beneath it during the weekend. On Monday, BTC saw a precipitous 7.5% fall as...Read More
Cryptocurrency exchange Gemini announced that the platform will now enable trading and custody for seven new DeFi tokens such as Balancer (BAL), Curve (CRV), Ren Network (REN), Synthetix Network (SNX), Uma (UMA), Uniswap (UNI), and Yearn.finance (YFI). In addition to this, Gemini stated that five other tokens namely, Decentraland (MANA), Kyber Network (KNC), Maker (MKR),...Read More
Binance exchange has added another important asset to Cross Collaterals- Ethereum [ETH]. Ethereum was the third asset to be added to this list after Bitcoin [BTC] and Binance USD [BUSD]. With Ethereum as another option to choose from, it would allow users to collateralize their crypto assets to borrow against ETH. The release from Binance...Read More
Bitcoin‘s price has moved an awful lot in the past 24-hours but the entire community was on market watch. With analysts tracking different metrics and changes in volume, CryptoQuant CEO observed a bit of activity from the whale’s side, or dare I say, a lack of activity. Ki Yong Ju indicated on twitter that the...Read More
The popular blockchain company Tezos has become the last integrated network into China’s ambitious Blockchain-based Services Network (BSN). Developers can employ the Tezos protocol through BSN’s global public city nodes and portals for a “simplified development and deployment experience.” All three global public city nodes, namely Hong Kong, California, and Paris, have integrated with the...Read More
LA Blockchain Summit kicks off October 6-7th online alongside the blockchain industry’s most innovative thought leaders, movers, and shakers to determine the next decade for cryptocurrencies and blockchain technology. Los Angeles, CA — September 23, 2020 — The largest gathering of blockchain enthusiasts unite online on October 6th and 7th at the annual LA Blockchain...Read More
Just months after making a grand entrance in the cryptocurrency space, the Barstool Sports Founder Dave Portnoy reaffirmed that he’s out of the field. In a recent podcast with Anthony “Pomp” Pompliano, the controversial day trader justified his exit by claiming that Bitcoin is a giant Ponzi scheme. Portnoy’s Controversial Bitcoin History Portnoy has become...Read More
Disclaimer: The following article attempts to analyze the emerging pattern in the Ethereum short-term market and its impact on price. Another push to the upside boosted Ethereum’s price by 9% on 24 September. This spike in the price had managed to surpass its resistance at $345.33 and be valued at $353.14. However, the price immediately...Read More
Ahead of the upcoming one-click DeFi access feature, CEX.IO lists major decentralized finance tokens and offers instant, zero-fee Visa card deposits. LONDON, the United Kingdom – CEX.IO, one of the leading international cryptocurrency exchanges, announces its plans for entering the decentralized finance (DeFi) market. To set the stage, CEX.IO lists major DeFi tokens on its...Read More
Uniswap made a shrewd move by airdropping millions of tokens and launching its own liquidity pools to reclaim what SushiSwap had taken from it in just over two weeks. It has propelled the platform back to the most dominant DEX as total value locked approached $2 billion while that on rival SushiSwap has dwindled. Uniswap...Read More
[PRESS RELEASE – Please Read Disclaimer Below] It is needless to say that digital advertising became one of the best instruments for companies to gain popularity and therefore increase profits. And it is not just about them. The internet is now a place where everybody can be their own employee. We have new top jobs...Read More
The last few weeks have only supported the argument that Bitcoin, the world’s largest cryptocurrency, remains highly correlated to the market’s altcoins. This, despite the fact that over the past few months, these alts have all recorded strong performances, some independent of BTC’s own movement. However, when BTC fell on 2-3rd September, so did the...Read More
[Featured Content] Although most aspects of our everyday lives have become more digitized, several industries struggle to catch up. This includes credentials, which continue to be primarily physically issued. While technology has allowed for the emergence of digital credentials, they present numerous challenges including the verification of their authenticity. Blockchain-based company Dock aims to solve...Read More
BlockDown returns October 22-23 for a Halloween event that promises to be the best virtual conference yet. No tricks just treats. Akon, Chairman and Co-founder of revolutionary crypto project Akoin, will headline the event, alongside Chainlink co-founder and CEO Sergey Nazarov, with many more big names and projects due to be unveiled in the coming...Read More
Following a few days of severe price drops, the cryptocurrency market is in a state of recovery today. Bitcoin has surged from $10,300 to nearly $10,800, while Ethereum trades above $340. Bitcoin Bounced Off $10,130 After bottoming at $10,130 a few days ago, the primary cryptocurrency started recovering yesterday and hovered around $10,400. In the...Read More
Spain-based trading software development company, Arbicorp, recently halted the activity of a trading bot. The decision affected more than 32,000 clients who once deposited their money on that platform and now cannot withdraw it. The Arbistar 2.0 trading bot offered 1% daily returns to anyone willing to invest at least 3000 euros ($3500). It also...Read More
