Major blockchain engineering company IOHK announced that it will sponsor the newly-created Haskell Foundation, which is dedicated to broadening adoption of the Haskell programming language. IOHK said it would donate $125,000 to the foundation which was launched at the Haskell eXchange virtual conference on 4 November. With this move, IOHK will be Haskell Foundation’s largest...Read More
Blockchain adoption has just achieved a major milestone. The Associated Press has chosen the Ethereum blockchain to publish calls for the latest US Presidential election. The nearly 200-year-old New York-based non-profit news agency has been counting votes since its inception in 1848 and will do the same this year too by collecting, verifying votes, and...Read More
The Crypto Fear and Greed Index actually showed a rise from 71 to 74 on the previous day as the US Presidential Election continued to progress with a winner not yet officially announced. Markets hate uncertainty, yet the bullish sentiment appeared stronger. On the charts, Chainlink continued to trend lower as it nestled above a...Read More
Ethereum’s creator officially announced the release of the Ethereum 2.0 deposit contract a couple of hours ago. ETHUSD markets responded with a large green candle that has pushed the network’s native cryptocurrency past the $400 mark. The question is, will this latest update help ETH outperform bitcoin once again? Ethereum 2.0 Deposit Contract Officially Released...Read More
On 4 November 17:00 UTC, bitcoin crossed resistance at $14,100. Bitcoin has ranged between $13,545 and $14,223 in the last 24 hours, marking a new high for the year. Image Source: Trading View BTC was expected to face severe volatility since the US Presidential elections began, however, its price has been stable and is testing...Read More
Decentralized oracle platform Razor Network has raised a total of $3.7 million in a seed and private sales round which was led by investors in the blockchain space, such as NGC Ventures, Alameda Research, and Spark Digital Capital among others. The firm’s private sale round saw investors including Mariano Conti, former head of oracles at...Read More
Bitcoin Dominance was at 64.75, after briefly spiking as high as 64.95 the previous day. The altcoin market saw crypto-assets slide downward more. Bitcoin Cash continued to post losses as it headed down toward a level of support, and bears were in control of the BCH markets. IOTA and Dogecoin were trading above a level...Read More
Chinese financial services corporation, China UnionPay, which is similar to major card providers like Visa and Mastercard, has announced a partnership with South Korean payment provider Danal to launch a cryptocurrency-supporting digital card. Danal will offer its Paycoin cryptocurrency as an option on the new prepaid mobile card which will be accessible via Danal’s cryptocurrency wallet....Read More
With all eyes on the phased upgrade of Ethereum, the Foundation released an update today that the Ethereum 2.0 Phase 0 has now been set for an official launch at some time around 1 December this year. The update went on to state that the deposit contract was now live and can collect funds to...Read More
While volatility is prevalent for all altcoins at the moment, Cardano is currently dealing with the bearish side of the market, re-testing its monthly support of $0.089 in the charts. While the valuation managed to pull itself back up at press time, the level of uncertainty continues to rise as we are looking forward to...Read More
Yesterday bitcoin observed the second largest negative difficulty adjustment [-16.05%] of all time. The most recent one was after the bitcoin halving when difficulty dopped by -14.56%. There is one interesting connection between these negative adjustments and it will affect not just the miners but also traders. This article talks about what that is and...Read More
• This day has been nothing short of exciting for the cryptocurrency markets. In fact, it has been a wild ride for all markets, and that’s to be expected – after all, the 2020 US Presidential Elections are currently taking place. • As the officials are counting the last ballots in a few states, the...Read More
While Bitcoin is currently rallying towards a position above $14,000, the rest of the altcoins are struggling to find their bullish groove. Source: CoinStats With most altcoin depreciating over the past 24-hours, the market structure for Crypto.com Coin, Tezos, and Algorand was no different. Facing strong resistance right above their price range, the short-term analysis...Read More
ETH/USD – Ethereum Rebounds At Trend Line Support Key Support Levels: $390, $377, $364.Key Resistance Levels: $410, $416, $421. Ethereum struggled to break the resistance at $416 (bearish .618 Fib) earlier in October which saw the coin heading lower over the past week. ETH found support at the $380 level as it bounced off of...Read More
Bitcoin reached as high as $14,049 in the past 24 hours and was trading at $13,807 at press time. Bitcoin’s hold above $13,700 could inspire confidence and perhaps even FOMO among investors in the coming days, especially if the coin moves past $14,000 with strength. This bullish sentiment did not extend to most other large-cap...Read More
[Press Release – Please Read Disclaimer] 4th November 2020: finance.vote has commenced its launch sequence that began on the 3rd of November. The finance.vote launch sequence will continue for a full week until the 11th of November when they will hold the Token Generation Event. Since there is a lot of turmoil in the market...Read More
The growth of Ethereum has been experiencing a slow down compared to its journey in the first half of the year. As the crypto market deals with a much volatile period right now, ETH’s value has trended lower since the end of October and was currently at $382.10. However, the Ethereum community was met with...Read More
Andrew Bragg, an Australian Liberal Senator, has suggested that blockchain technology can be utilized to simplify the already complicated world of financial regulatory compliance. During a recent speech, he outlined DLT’s merits if employed correctly and said that “the future is technology by blockchain.” Blockchain To Aid Financial Regulator Compliance The 36-year-old former accountant at...Read More
Ethereum avoided a drop beneath $370 over the past week, and its charts highlighted two critical, imminent zones of support and resistance that could decide the direction of the market in the coming weeks. Filecoin was in a phase of consolidation just above support, while Ontology continued its downtrend. Ethereum [ETH] Source: ETH/USD on TradingView...Read More
To date, blockchain technology has found its use in small scale elections in the US, but the Associated Press (AP) news agency’s current use of blockchain to publish the US presidential election results, makes this the first time the technology is being used for a much larger election. So far, AP has been publishing the...Read More
The 2020 US Elections are on, and there’s no shortage of excitement around them. At the time of this writing, it’s anyone’s guess who the winner will be as ballots are still being counted in certain states. Bookmakers and cryptocurrency exchanges where users can bet on the outcome, however, are strongly favoring Joe Biden currently....Read More
The leading cryptocurrency exchange Binance has helped recover almost all $345,000 funds stolen due to an exit scam conducted by an automated market maker (AMM) dubbed Wine Swap. Binance Security Team Recovers 99.9% of Stolen Funds In a press release shared with CryptoPotato, the popular exchange shared that Wine Swap launched on Binance Smart Chain...Read More
What’s Going on With YFI Price !! The past week had been very volatile for the whole crypto space as Bitcoin was on its way to touch $14000. It seems that the other cryptos and DeFi tokens have scrambled but some DeFi tokens like YFI Price are on the verge to touch the rock bottom...Read More
Despite trading above $13000, Bitcoin is not over-leveraged. The overall positioning mix is largely the same as July 2020. This comes as a surprise, as the price has gained 20% in this duration and the sentiment was anticipated to change based on Markets Science’s latest report. The sentiment is similar to July based on the...Read More
The encrypted messaging platform Telegram has to pay legal fees worth $625,000 to a cryptocurrency company as an aftermath of a lawsuit dating back to 2018. All Because Of The “GRAM” Trademark Telegram Messenger Inc. has been ordered to pay legal fees to crypto firm Lantah LLC after it dropped the lawsuit in August this...Read More
Disclaimer: The findings of the following article attempt to analyze the emerging patterns in the Bitcoin Cash short-term market and its impact on the price. The votes are being counted and with every wick forming in the stock market, a future is being forecasted. For now, the crypto market has been experiencing a minimal drop,...Read More
Republican candidate Cynthia Lummis, endorsed by President Donald Trump, has won the US Senate race in Wyoming. She will become the first woman to serve as US Senator in Wyoming’s history and one of the first Bitcoin proponents in Senate as she initially purchased BTC back in 2013. Bitcoin HODLer To Become Wyoming Senator Lummis...Read More
Bitcoin closed a trading session above $14,000 but was unable to hold on to the level. However, this was still quite a recovery from yesterday’s dip as low as $13,200. XRP and EOS faced strong bearish momentum and could drop to a level of support, while Basic Attention Token appeared likely to lack momentum toward...Read More
Bitcoin briefly spiked above $14,000 again, this time perhaps on news from the US Presidential elections. The altcoins have erased most of yesterday’s losses, and the market capitalization has added about $10 billion. Bitcoin Reacts On US Election News? Bitcoin broke above the coveted $14,000 mark on Saturday for the first time since January 2018....Read More
Bitcoin and cryptocurrency markets are holding steady but could be poised for a bigger move ahead. Crypto twitter is awash with updates on vote counts from various U.S. states as the numbers are updated live. At the time of press, the count was 223 to 174 in favor of Joe Biden according to the Guardian’s...Read More
