During his appearance on DC Fintech Week 2020, the Acting Comptroller of the Currency Brian Brooks praised decentralized networks, highlighted the expanding role of cryptocurrencies and the necessary regulations, and hinted that central banks could actually become nodes to blockchain networks. Brooks On Crypto And Regulation In Brooks’ opinion, banks have treated cryptocurrency assets as...Read More
Decred, the blockchain built with decentralized governance in mind, announced today the launch of DCRDEX, a revolutionary DEX created with the objective of being as friendly as possible with traders. Unlike traditional exchanges like Binance or Coinbase, Decred’s DCRDEX runs on the blockchain, so there is no third-party intervention in users’ operations. DCRDEX: Decred’s Vision...Read More
Barring a few digital assets such as Zcash that continued to remain bearish, a swirl of bullish momentum was witnessed in the rest of the crypto market. Towards the end of the day, Bitcoin too gained over 3% since yesterday. Noting some losses in Zcash, impressive bullish sentiments were visible on the trading charts of...Read More
It seems that not everybody from the crypto community has warmed up to PayPal’s decision to venture into the crypto market. In a tweet calling out the payment giant’s move into crypto, Ripple CEO Brad Garlinghouse said he was disappointed with Paypal’s upcoming crypto integration since he believed this would spur the benefits of crypto...Read More
Characterized by an explosive rally in the last 24 hours, bitcoin just took back this year’s high again. But a popular TradingView-based analyst is calling for BTC to hit $14,300. This is based on the ‘Underlying Trend-line’ analysis, which, according to him, is the “the most consistent trend-line since March.” Bitcoin Testing The Underlying Trendline...Read More
After witnessing a brief sell-off period just two days back, the privacy coin Monero regained its bullishness. The presence of bearish sentiment was confirmed by the moving averages for Crypto.com Coin, with the digital asset falling back to its June 2019 lows. Given Synthetix’s persistent downtrend and a clear bearish outlook, the SNX market was likely...Read More
With several blockchains integrating the USDC stablecoin last week, crypto payments tech firm Circle announced today that it would now make the dollar-backed stablecoin available for the Solana blockchain, after partnering with the firm. According to Circle, Solana, the blockchain behind decentralized exchange Serum, supports up to 50,000 transactions per second (tps). This surpasses Ethereum’s...Read More
Binance Coin broke beneath its uptrend of the past month, although this could be a temporary haven for the asset than a reversal in trend. Cosmos had bearish momentum while Dash experienced a period of high volatility and registered big gains but was unable to hold on to them all. Binance Coin [BNB] Source: BNB/USDT...Read More
A favorable week for Bitcoin in which the coin witnessed a price hike of 7% at press time. While Ethereum’s price hasn’t set the market on fire, its on-chain numbers were better over the past week in comparison to Bitcoin. Coinmetrics’ recent report suggested that Bitcoin’s active addresses were down by 2.7% and its transaction...Read More
Online gambling has evolved from the gambling store to online gambling. The topic of online gambling will be incomplete without talking about Bitcoin gambling. Bitcoin is a borderless and decentralized payment system that has attracted a lot of online lottery players. The number of Bitcoin wallets is around 54 million today. Multilotto is a company...Read More
With a bullish sentiment reaffirmed by EOS’s technical indicators, the altcoin was on its way to breach a key resistance level over the next few trading sessions. IOTA traders speculated the rise of bullish sentiment, but a weakening buying sentiment could soon cause a trend reversal for the altcoin. FTX token, on the other hand,...Read More
Cryptocurrency exchange OKEx has shared an update today again declaring that its users were safe and that it would resume trading from 12:00 pm UTC onwards for certain fiat pairs such as CNY, INR and VND. It further added that the exchange will be reactivating its ‘Buy Crypto’ fiat gateway at the aforementioned time. However,...Read More
Bitcoin Cash has moved back up to 5th in the charts after dropping down to 8th a few weeks earlier, and now the asset indicated a return of collective volatility alongside the market. While the asset tested $267 earlier this week, currently it is consolidation near $250. With the trend gunning for another breach above,...Read More
Starting today, Coinbase supports Wrapped Bitcoin (WBTC) at Coinbase.com and in the Coinbase Android and iOS apps. Coinbase customers can now buy, sell, convert, send, receive, or store WBTC. WBTC is available in all Coinbase-supported regions, with the exception of New York State. Wrapped Bitcoin (WBTC) Wrapped Bitcoin (WBTC) is an Ethereum token that is...Read More
While Bitcoin hit $12,000 and went beyond it on October 20, this surge has more to it than meets the eye. In essence, this is bullish for bitcoin and there are several reasons to quantify that. Bitcoin technical levels For long, bitcoin has wandered the $9,000, $10,000 levels, failing to successfully break these levels. However,...Read More
Bitcoin’s price is undeniably affected by many factors. Throughout its nascent history, it has displayed continuous correlation with the performance of gold, although, at times, it’s moving hand-in-hand with the stock market. The overall macroeconomic landscape has also proven to be a factor for Bitcoin’s price. For example, it saw a 40% decrease in March...Read More
XRP hasn’t been able to rally behind Bitcoin over the past week but the altcoin has kept pace in the short-term trend. Currently breaking above immediate resistance at $0.244, XRP is looking to enter an important transition range at the present moment, which may direct the imminent short-term market. XRP is currently valued at $0.249...Read More
“A portfolio built completely with cryptocurrencies” – to a traditional portfolio manager, is a nightmare in terms of risk and drawdowns. However, to a person that has been in crypto over the last 3-4 years, this seems like a cakewalk. While the traditional portfolio does include Emerging Markets, that, in a way, is similar to...Read More
ETH/USD – Bulls Rebound From 2019 Highs. Key Support Levels: $364, $355, $345.Key Resistance Levels: $396, $400, $410. Over the past week, Ethereum was struggling to break above a very short-term falling trend line. The coin dropped into the support at the 2019 Highs around $364 yesterday which allowed it to rebound higher today. After...Read More
As governments across the world stipulate the launch of CBDCs, crypto Twitter is exploding with chatter about the bullish sentiment in Bitcoin. While the launch of a CBDCs is exciting, given that they are digital currencies, the fundamental difference is the centralization. In an interesting thread on Crypto Twitter, Global Macro Investor Raoul Pal commented...Read More
Newfound bullish momentum is omnipresent with Bitcoin’s price throughout the last few days. The cryptocurrency has increased by more than $2,000 since October 6th, and it shows no signs of slowing down. Bitcoin Price Breaks 2020 Highs on PayPal News Throughout the entire month of September, Bitcoin’s price was somewhat stagnant, with a few minor...Read More
EOS, like many altcoins, saw a considerable surge yesterday following in bitcoin’s footsteps. This copy-surge must come to an end and soon it will, especially considering how both EOS and BTC’s price is developing right now. Overall, the short-term scenario for EOS looks bearish and this is not the right time to FOMO-in on either...Read More
Bitcoin is enjoying several consecutive bullish days, resulting in a break above $12,000. The movement may surprise some. A few days ago, news broke that the popular cryptocurrency exchange OKEx had suspended withdrawals after reports emerged that its founder was taken away by the police. In early October, the owners of another large platform, namely...Read More
The feud between Bitcoin and Ethereum is a long-standing one. ‘Feud’ isn’t exactly the right word for it. Perhaps, the communities have fought over which is the superior coin for quite some time. However, comparing BTC and ETH is like comparing apples to oranges, while both may be fruits, both are different and alike in...Read More
B2BX, a leading professional digital asset trading platform, has unveiled a token buyback strategy which will involve buying back its own tokens. The move follows an earlier announcement regarding the further reduction of trading commissions. The conditions offered by B2BX, especially for pairs with crypto and stable coins as a quote currency, are now among...Read More
One of the world’s largest online payment processing companies, PayPal, has joined the cryptocurrency market and it will allow its customers to hold, buy, and sell Bitcoin and other cryptos using fiat currency. In addition, PayPal customers will be able to spend Bitcoin to shop at over 26 million vendors already included in its network...Read More
As Bitcoin closed above $12,000 once more, it was pertinent to ask if the altcoin market would follow. Would traders sell altcoins to follow Bitcoin’s gains? The rising Bitcoin Dominance suggested, yes. Bitcoin SV formed a bullish divergence and made gains in the past few hours, while Stellar Lumens witnessed strong buying volume. Dogecoin was...Read More
Automated trading tools (bots, robots, solutions) become more and more popular nowadays. Today we’d like to review one of the most popular solutions of a kind – DeepTradeBot, a unique fusion of Blockchain technology, artificial intelligence, and cloud computing. The most popular crypto trading platforms sometimes offer traders too many tools along with a complicated...Read More
Cryptocurrency is an exciting market for investors, and most people are familiar with this aspect. Bitcoin is the first cryptocurrency, and it is getting huge popularity day by day. You can make use of Bitcoin to make payments or transfer money. Bitcoin can also be treated as a currency or investment. You can put your...Read More
Bitcoin has surged past $12,000 in the past several hours and it came just $200 away from marking a fresh 2020 high above $12,500. Interestingly, the alternative coins haven’t followed BTC’s move upwards, and Bitcoin has increased its dominance over the market. Bitcoin Nears A New 2020 High? The past few days have been quite...Read More
