It looks like there’s no stopping Bitcoin, at least not today, after the world’s largest cryptocurrency breached the $21,000-mark within hours of breaching the $20,000-mark. At the time of writing, BTC was trading at a price of $21,274, having gained by 9.18% in the last 12 hours. Source: BTC/USD on TradingView The aforementioned developments came...Read More
Coinbase, CEO and Co-Founder, Brian Armstrong announced in a blog today that the company will soon be adding longtime Silicon Valley executive Kelly Kramer to its board of directors. The CEO said that Kramer will primarily hold a role as Chairperson of the Coinbase’s Audit and Compliance Committee. Kelly Kramer joins the Coinbase Board of...Read More
As the value of Bitcoin went past $20k, many of the market’s altcoins were also seeing their price rise on the charts. The performance of Litecoin, Zcash, and Compound did not witness major uptrends but registered positive gains. Litecoin [LTC] Source: LTC/USD on TradingView The Litecoin daily chart indicated the sideways movement of the digital...Read More
Some users of two major crypto exchanges – Binance and Coinbase – reportedly experienced technical issues and were unable to log in to their accounts on the exchanges. Confirming the same, CEO of Binance ‘CZ’ took to Twitter to acknowledge the issues that surfaced in the past few hours: Still some latency issues here and...Read More
XRP’s price drop over the past few days was expected. After registering a massive bullish rally towards the end of November, the asset has declined a bit over the past few days. December hasn’t been kind and currently, the asset is looking to re-test a critical support. At press time, XRP was valued at $0.4504...Read More
Bitcoin and gold share similarities but also vary significantly from each other. While bitcoin has been the go-to asset for millennial investors, institutions too, see bitcoin as a very promising asset. Interestingly, the rivalry between supporters of bitcoin and gold is a longstanding one, and while there are people who support both investment firms like...Read More
Kraken has announced that it plans to integrate Lightning Network sometime in the first half of next year and that the exchange was also hiring a team to focus on Lightning infrastructure. At first, Kraken will reportedly begin its Lightning support with API access-only withdrawals. Following this, Kraken will focus on user-interface access withdrawals and,...Read More
The overall cryptocurrency market has been witnessing a push and pull from its traders. In the case of the world’s largest cryptocurrency Bitcoin, its value has continued to inch closer to the $20k level and can be seen to have an impact on altcoins like Ethereum, Tezos, and FTX Token. Ethereum [ETH] Source: ETH/USD on...Read More
Grayscale Investments caught the media’s attention this week, after breaking above $10 Billion in digital assets under management. Interestingly, as Grayscale investment’s news broke the Internet, the trade volume on spot exchanges cooled off dropping below the $550 million price level based on data from Skew. BTC Aggregate Daily Volume || Source: Skew Retail traders...Read More
Binance and Coinbase, two of the leading cryptocurrency exchanges, experienced technical issues in the past few hours, and users were unable to log in. The problems coincided with bitcoin breaking into uncharted territory above $20,000 for the first time. Bitcoin’s Surge Causes Issues On Binance and Coinbase As CryptoPotato reported earlier today, the primary cryptocurrency...Read More
DeFi projects added to its TVL at an astonishing rate this year. The TVL stood at $691 Million in January 2020 and nearly a year later, the TVL surpassed $15 Billion on Monday. The YTD growth of DeFi is over 2000% with the top 6 DeFi projects including Maker, WBTC, Aave, Compound, etc. registering over...Read More
Regulators in Massachusetts are planning to file a legal complaint against California-based trading app Robinhood. Authorities allege that the digital investment platform aggressively marketed to inexperienced investors without having any controls in place that offer to protect users, as reported by the Wall Street Journal. According to the report, Massachusetts Securities Division has accused Robinhood...Read More
Bitcoin’s dominance is one of the biggest drivers behind its institutional interest and mainstream adoption. However, in anticipation of an altcoin rally, it was observed that Ethereum and XRP’s dominance rose 1.1% and 2.6% respectively, based on data from CoinGecko’s report. Against Bitcoin’s gradual price rally, Ethereum’s price increased by over 50% in November and...Read More
American businessman and best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki, took to Twitter today to state that the oldest and leading cryptocurrency, Bitcoin as well as precious metals such as gold and silver, had a “bright future.” He also explained why he thought Bitcoin will soon be heading toward the $50,000 range in...Read More
The whole crypto market is currently painted in green by recording gains depending upon its own capacity. Bitcoin price is currently very close to breaking its all-time high above $19,800 any moment from now. The other top 10 assets like Ethereum, Litecoin, Bitcoin Cash, Polkadot, etc also flowed with the Bitcoin bull rally. Surprisingly, Ripple’s...Read More
Ruffer Investment, a London-based asset manager with $27 billion in AUM, is the latest large company to purchase a considerable amount of bitcoin. The company has allocated 2.5% of the portfolio of one of its funds, translating into a purchase of about $15 million worth of BTC. UK Asset Manager Replaces Gold With BTC The...Read More
American businessman and best-selling author of “Rich Dad Poor Dad,” Robert Kiyosaki, took to Twitter today to state that the oldest and leading cryptocurrency, Bitcoin as well as precious metals such as gold and silver, had a “bright future.” He also explained why he thought Bitcoin will soon be heading toward the $50,000 range in...Read More
XRPL Labs’ account, after coming under scrutiny, has been banned by Twitter. The founder of the XRPL Labs, Wietse Wind brought to attention the silence maintained by Twitter over the issue, despite raising multiple tickets on the matter. On 15 December, Wind took to Twitter and noted: “@TwitterSupport How about some decency for once? Reply...Read More
Cardano seems to have broken out of its consolidation as its price slipped down. However, with the coin trading at $0.1514 at press time the recovery was as swift as the downtrend. With only a 6.7% surge in the past week, ADA is still the ninth-largest crypto based on market cap. While the recent surge...Read More
Approximately a month before leaving the White House, President Donald Trump is reportedly considering pardoning Silk Road founder Ross Ulbricht, who’s serving a double life sentence plus 40 years. This happens as the “free Ross” campaign has picked up steam, with many new people signing the online petition to release him from prison. Trump To...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Like the overall crypto market, Bitcoin Cash’s price has also been dropping. The market has been in a consolidation phase for some time now and has been witnessing spurts of growth. However, on its...Read More
Polkastarter is a DEX developed to operate on the Ethereum rivaling network, Polkadot. Its highly anticipated launch this week went well despite the heavy loads on the dApp and server the blog post stated. The platform has been developed for cross-chain token pools and auctions, with the primary purpose of enabling projects to raise capital...Read More
