October 30, 2020

Verizon launches blockchain platform to verify its news releases

New York-based telecommunications company Verizon has announced the launch of a blockchain-based, “open-source newsroom product designed to raise the bar for corporate accountability,” according to its report released.  Verizon’s new initiative, dubbed the ‘Full Transparency,’ platform is meant to immutably document the company’s own news releases and provide a record of changes to communications on...
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Bitcoin Cash, IOTA, Basic Attention Token Price Analysis: 30 October

The three digital assets, Bitcoin Cash, IOTA, and Basic Attention Token continued to stay in the red zone for the day’s trading session. With over 6% in losses since yesterday, strong selling pressures could last longer in the Basic Attention Token and IOTA market. Bitcoin Cash on the other hand, also witnessing a sell-off, dipped...
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Alleged British ISIS member used Bitcoin to fund militants’ escape from Syrian prison camps

A British citizen who has reportedly been an ISIS member for over four years has appeared before a local court for allegedly sending money abroad (via BTC) to help captured ISIS militants escape Syrian prison camps.  According to a report, the 27-year old citizen named Hisham Chaudhary faces seven terror charges, including membership of a...
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Cardano, VeChain, Stellar Lumens Price Analysis: 30 October

Bearish market trends seemed to be supporting a period of sell-off in the three alts, Cardano, Stellar Lumens, and VeChain. Moving averages favored a bearish trend for Cardano. Stellar Lumens too depicted a selling sentiment on its trading charts. Compound (COMP) displayed high levels of market volatility, which coincided with a period of a downtrend, hinting...
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Illegal Ethereum mining farm at Italian airport busted by officials

Airport officials at Lamezia Terme International located in the southwest region of Calabria caught a 41-year-old technician from Italy for illegally mining Ethereum (ETH) according to a report published. The ETH miner who was in charge of managing computer systems at Lamezia was employed by Sacal SpA, the company that is responsible for maintaining the...
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Bitcoin achieves ‘celebrity status’ ahead of 12th Anniversary

In light of the anticipated October 31, which marks 12 years since the Bitcoin Whitepaper was released, many in the crypto community sought to celebrate the occasion. Blockchain cybersecurity firm, Halborn, even produced a video with several celebrities wishing Bitcoin a ‘Happy Birthday’. The list of celebrities celebrating ‘Bitcoin’s Birthday’, included David Hasselhoff, Gilbert Gottfried,...
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Uniswap Retroactive Proxy Contract Airdrop Proposal Receives 28 Million Votes

Community voting is on for Uniswap’s new governance proposal. The same will see users receive more than 5 million UNI tokens via a proxy contract. As of now, more than 28 million votes have gone in favor of the airdrop. Around 1.3 million votes are against the proposal. Voting Begins For Uniswap’s Second UNI Airdrop...
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Are we closer to the next drop in Bitcoin open interest?

The aggregate open interest in Bitcoin futures is up 43% since the beginning of October. Based on data from Skew, cyclical drops in Bitcoin’s open interest on top derivatives exchanges occur every 45-50 days. BTC Futures Aggregated open interest || Source: Skew In the past year there were 3 peaks of open interest above $5.5...
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INX applies for token listing on Canadian Securities Exchange

Subject to approval of the Canadian Securities Exchange (CSE), INX Limited said today that it will apply for the listing of its digital security, the INX Token on the CSE, according to a release shared with AMBCrypto. If it is approved, CSE will be the first of many other exchanges that will join and list...
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Litecoin, Tron, Zcash Price Analysis: 30 October

Litecoin witnessed a drop in its buying volumes amid the market-wide sell-off, with the digital asset plunging below key support turned resistance levels. Tron experienced some strong selling pressure, in the midst of a highly volatile scenario. Finally, the technical indicators for Zcash too suggested a clear bearish outlook for its immediate short-term trading sessions....
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Bitcoin Decouples From Wall Street as BTC Dominance Soars: The Crypto Weekly Market Update

During the past week, Bitcoin continued to increase in value as it managed to break the former 2020 high. More interestingly, though, this happens as Wall Street stocks are currently taking a beating. While BTC was appreciating, all the prominent US-based indices such as the S&P 500, NASDAQ Composite, and the Dow Jones Industrial Average...
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Bitcoin SV long-term Price Analysis: 30 October

While Bitcoin SV must have felt good upon its recent re-test at $180, its quick decline to $163 would have made things a little complicated. As the market followed Bitcoin’s cue, a bearish trend was evident on every altcoins chart and BSV was no different. With a market cap of $3 billion, BSV was back...
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Subsidiary of Russia-based ‘Gazprombank’ launches Bitcoin offering

A fully owned subsidiary of the private Russia-based Gazprombank (JSC) bank announced that it has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency custody services as well as trading between crypto and fiat currencies to its corporate and institutional clients. Gazprombank said it would first provide these crypto-focused services to...
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Chainlink, Tezos, Dogecoin Price Analysis: 30 October

Displaying a bearish scenario Chainlink was seen diving below its short- term period moving averages, on its trading chart. Tezos (XTZ) too continued to remain bearish, with a hint of weakening selling pressure for the XTZ market Dogecoin while maintaining a bearish sentiment over the past few days, reflected a flat price movement on its trading...
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Crypto Price Analysis & Overview October 30th: Bitcoin, Ethereum, Ripple, Chainlink, and Binance Coin

Bitcoin The Bitcoin price surge continued this week and it managed to increase by 4.5% to reach $13,60 at the time of this writing. The coin was trading slightly above $13,000 last Friday and moved sideways along this level over the weekend. On Tuesday, Bitcoin started to surge higher as broke resistance at $13,415, climbed...
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Binance Token Canal issues Wrapped BTokens on Ethereum

Binance has announced the issuance of wrapped tokens on Ethereum through its Token Canal program. According to the announcement the first batch of tokens to be wrapped into ERC20 tokens on Ethereum will be Bitcoin [BTC], Polkadot [DOT], Filecoin [FIL], and WazirX [WRX]. “BTC, DOT, FIL and WRX will be the first batch of tokens...
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XRP, Monero, Synthetix: Price Analysis: 30 October

Recording a massive single-day drop, investors woke up to a bloodbath in the Synthetix market. At press time the digital asset recorded a loss of almost 20% Monero was displaying weakness in its buying momentum, as its technical indicators remained fairly bearish. XRP too noted the possibility of a downtrend, post its recent losses, as it...
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UK Citizen Allegedly Used Bitcoin to Facilitate ISIS Members Prison Breaks

A 27-year old British citizen had appeared before a local court because of allegations that he had used Bitcoin to send money to help ISIS members escape Syrian prison camps. The man, Hisham Chaudhary, has reportedly been a member of the Islamic State for over four years. Terrorist Prison Breaks Funded By Bitcoin According to...
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Huawei’s new smartphone has a built in hardware wallet that supports China’s CBDC

According to reports, the Chinese technology giant, Huawei has launched a smartphone that has a built-in hardware wallet for China’s Central Bank Digital Currency (CBDC). In a recent press conference, Yu Chengdong, Huawei’s CEO for the consumer business group, said that Mate 40 is the first smartphone that enables a hardware wallet for China’s digital...
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Polkadot Price Prediction -How High Will DOT Price Go?

The growing crypto world has enabled the rise of new projects which aim to bridge the gap between the traditional financial system and that of cryptocurrencies. Started back in 2017, Polkadot came in mainstream media recently, when it secured its position in the top 10 from nowhere. In this writing, the complete history of the...
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Huawei’s New Phone Mate40 Will Have a Wallet For China’s Digital Currency

Multinational technological giant Huawei announced today that its newly-launched smartphone has a built-in wallet that will allow users to store, send, and receive China’s national digital currency. Announcing the features of the Mate40 series in a Weibo post, the company said that the device is the first smartphone that supports the digital yuan via a...
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BitMEX quanto futures for YFI, BNB, and DOT live now

BitMEX has been paying special attention to its clients’ needs as it added more coins to its list of derivatives products. It started expanded its list of Quanto Futures in 2020 with the addition of ETHUSD Quanto Futures back in April, and ever since, other altcoins like Chainlink [LINK] and Tezos [XTZ] have managed to...
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After Buying 38,250 Bitcoins, MicroStrategy Has Become A Full Node On The BTC Network

After purchasing a sizeable amount of bitcoins for himself and his company, Michael Saylor said that the firm he operates, MicroStrategy, has been running a full node of Bitcoin’s latest core version for over a month. MicroStrategy Runs A Full BTC Node Bitcoin nodes are an essential part of the Bitcoin blockchain peer-to-peer network. Running...
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Ethereum short-term Price Analysis: 30 October

Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Ethereum short-term market and its impact on the price. The price of Bitcoin has been forming consecutive crests and troughs, which has been mirrored even in the altcoin market. Ethereum, the second-largest altcoin has also been witnessing its price falter,...
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Crypto Collateral Exchange Dsdaq Hosts Global Demo Trading Competition

[PRESS RELEASE – Please See Disclaimer] Hong Kong innovative crypto collateral trading platform Dsdaq is hosting a Global demo trading competition, to celebrate the launch of its demo account function. Nearly 2,000 traders were attracted to compete for a total of 3000 USDT prize pool and free airdrop of Dsdaq platform tokens, the Original D...
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Crypto Markets Shed $10 Billion in Hours as Bitcoin Loses $400 (Market Watch)

After a sharp price jump towards $13,650 intraday, Bitcoin has retraced and trades around $13,200. The alternative coins continue to bleed out, and the total market capitalization has dropped below $390 billion. Bitcoin To $13,650 And Back On ECB Stimulus News Following the latest 2020 high, Bitcoin got rejected and lost nearly $1,000 of value...
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Cardano releases Goguen roadmap and demos ERC 20 convertor

Cardano just released the Goguen Roadmap, with most parts scheduled for delivery at the end of February 2021. Source: October Cardano monthly update With the rollout of Goguen, Cardano is becoming a smart contract platform. There is a shift from focusing on transactions alone to becoming a utility platform for partnerships, enterprises, and commercial applications...
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15+ Public MNC’s Like Square, Grayscale & Microstrategy Reserve Bitcoin Assets

If you are a bitcoin holder or you have stocks in MicroStrategy or Square and So .. you must be aware that the price of all the above assets has risen dramatically, some of them to an all-time high.  I am holding around 2.5 BTC and some stocks in MicroStrategy, the price a month before...
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Crypto Exchange FTX Launches Bitcoin Pairs for Wall Street Stocks Like Tesla, Apple, Amazon

Crypto derivatives exchange FTX will give cryptocurrency traders the opportunity to trade tokenized shares of major companies like Apple Inc. and Amazon. The so-called fractional stocks will soon be available on the company’s platform. Tokenized Shares To Some Of The Biggest As per a recent report, FTX will be partnering with German financial firm CM Equity...
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Bitcoin (BTC) $ 93,619.08 1.70%
Ethereum (ETH) $ 3,291.59 0.05%
Tether (USDT) $ 0.997594 0.01%
XRP (XRP) $ 2.15 3.03%
BNB (BNB) $ 673.68 3.13%
Solana (SOL) $ 183.30 1.64%
Dogecoin (DOGE) $ 0.306148 1.68%
USDC (USDC) $ 0.998965 0.04%
Lido Staked Ether (STETH) $ 3,280.65 0.28%
Cardano (ADA) $ 0.868171 1.68%