Lightning Labs, that developed the Lightning Network, a Layer 2 payment protocol and a proposed solution for the Bitcoin scalability problem, announced the release of Pool, “a non-custodial, peer-to-peer marketplace” which would “transform” Lightning liquidity into a tradable asset. Pool is said to allow node operators to buy or sell access to liquidity on the...Read More
Axion Network’s AXN token’s price has crashed by 100% just hours after AXN token went live today on 2 November, and, according to its Telegram channel, Axion Network’s COO claimed this price crash was due to a minting exploit in the contract with regards to staking: Image Source: Telegram The message from Axion Network team...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice With Ethereum 2.0 coming ever closer, ETH’s prospects look good. However, ETH, at press time, underlined an opportunity to short on a high timeframe. So, these are interesting times, as all of it depends...Read More
Acknowledging that he called the launch of the ETH 2.0 deposit contract ‘a touch early,’ ConsenSys’s Ben Edgington has now shared the latest developments regarding Phase 0, the Medalla testnet, and other important client updates. As Danny Ryan recently explained, deployment of the deposit contract had been pushed back slightly to allow the audit of...Read More
A few days ago, Bitcoin ended the month of October by closing above $13,700. This was big news since this was the highest monthly close since the historic bull run back in 2017-18. A high close at a time when Bitcoin is not massively leveraged and when exchange reserves are still low points to the...Read More
Centre for Science and Security Studies, which is the research wing at King’s College London published a report on 2 November that outlined attributes of blockchain technology and how it could enhance trust between nations fighting to dismantle nuclear warheads, “in a safe” and “reliable” way. According to the arguments set forth in the report,...Read More
Bullish sentiment receded marginally as the Crypto Fear and Greed Index noted a figure of 71 at press time, compared to 72 and 75 over the past couple of days. As far as the market’s cryptocurrencies are concerned, Tezos retested an important level as resistance and was expected to head south once again, while IOTA...Read More
Bitcoin SV, at the time of writing, was facing a major dilemma within the price range of $165-$180. With BSV’s price oscillating between $160 and $180, the crypto-asset was not found to have taken advantage of Bitcoin’s northbound rally. However, while Bitcoin may be on a high right now, many expect the king coin to...Read More
With Bitcoin’s price rallying above $13,700, the Bitcoin market has captivated all institutional investors, more than it did in 2017. Institutional money is pouring into Bitcoin and it can be argued that the present stage of the price rally is like an institutional macro stage. Bitcoin’s spot and derivatives markets have differentiated themselves from other...Read More
Governor of central bank of China, Yi Gang, today revealed that in its CBDC pilot program, the digital yuan has been used in over four million transactions totaling to more than 2 billion yuan (about $299 million) to date. During the Hong Kong Fintech Week conference on 2 November, the Governor of People’s Bank of...Read More
Remember that altcoin, the one you thought was going to be big and make you tons of profit? The one whose bag you bought and perhaps, are holding to this day? Yes, this article is about those altcoins that you thought were gonna get big, perhaps even becoming the next Bitcoin. Alas, most of these...Read More
Tron’s charts saw the market’s bears dominate the proceedings over the past few days, while it also faced controversy over the launch of JustLink. DigiByte and Ontology noted a feeble bounce on the charts, a bounce that could reverse itself over the next few hours. Tron [TRX] Source: TRX/USDT on TradingView TRX closed under a...Read More
2020 has been a curious year for the crypto-market. While Bitcoin’s halving and its price performance grabbed most of the attention, DeFi wasn’t too far behind either. For weeks, most DeFi projects did exponentially well. However, this wasn’t to last as over the last two months, the sector quickly fell back to earth. In light...Read More
Disclaimer: The findings of the following article are the sole opinion of the writer and should not be taken as investment advice Binance Coin and its price is a reflection of its evolution. BNB has evolved quite a lot over the last 4 years; from being an ERC20 token to having its own chain, consensus algorithm,...Read More
Ethereum rose from $380 to $399 on the charts and was knocking persistently on the doors of $400. Ethereum surging past $400 could revitalize the altcoin market, but Bitcoin’s movement will also have a significant say on the market. Further down the crypto-ladder, Stellar Lumens noted steady selling pressure, while Verge registered a bullish divergence...Read More
Bitcoin’s dominance rose as high as 64.17%, before dropping to 63.45%, at press time. Bitcoin, the world’s largest cryptocurrency, could be set to move sideways on the charts as it was consolidating its gains. In doing so, over the next month, BTC could breathe some life into bleeding altcoins. EOS dropped beneath a level of...Read More
Klaytn, a blockchain project backed by South Korean Internet giant, Kakao, has announced that Maker Foundation, the organization bootstrapping the Ethereum-based MakerDAO project, has joined the Governance Council of the Klaytn public blockchain. We are excited to announce that #MakerDAO which generates stablecoin, #Dai is joining the #Klaytn Governance Council. Please check out the blog...Read More
A common belief that has been doing the rounds lately is that Bitcoin’s recent price behavior is a replica of its historic 2017 bull run. That’s all well and good, but what most people forget is that back in 2017, there were stories equating the 2017 bull run to 2013’s. #bitcoin is creeping up people!!!I...Read More
While a lot of adoption news has come in for the cryptocurrency market this year, 2020 has been notable for the rise of Decentralized Finance [DeFi]. In fact, by the third quarter of the year, many in the community were acutely focused on the growth of this space. However, while DeFi did grab most of...Read More
Genesis lending has been an industry leader when it comes to loans/borrowing and lending on both retail and institutional levels. In its recent Q3 report, quite a few interesting developments came to the fore. Loans Source: Genesis For starters, the loan originations increased by more than half in Q3 of 2020, when compared to Q2...Read More
Bitcoin noted a brief spike past $14,000, before being rejected, with the cryptocurrency trading at $13,700, at press time. The crypto-space was ecstatic about BTC closing a monthly candle above $13k, but some traders also expected a pullback before another move upwards. Further down the crypto-ladder, Bitcoin Cash noted consistent buying volumes, but was unable...Read More
Litecoin, like Bitcoin, hasn’t registered a surge of note over the past week. In fact, the opposite has been the case, with Litecoin’s weekly price change observed to be negative 7.15%. Although not surprising, the same pattern can be seen for the top 15 altcoins [by market cap]. The highest drop can be seen in...Read More
There is no element of certainty in the crypto-market, whether it is a price trend or a position. The same was recently proven by Ethereum’s Vitalik Buterin after he appeared to change his opinion on Tezos. During a recent Twitter exchange, Buterin commented, “I hope Tezos does well. It has genuinely interesting and well-thought-out tech...Read More
Ever wondered what the classic bottleneck is? In the crypto-market, when Bitcoin’s price crosses a long-known resistance and the price rallies, CT is filled with bullish sentiment, bullish tweets, and bullish rants even. However, where is the entire picture? A trader’s perspective is a 360-degree one. That, alas, is often lost around the noise that...Read More
The bullish sentiment around the crypto-space was unabated at press time as Bitcoin continued to trade above $13,700, its trading accompanied by strong expectations that institutional investors would continue to arrive. XRP broke beneath a bearish pattern and could test a level of support in the coming days. Cosmos registered some gains recently, but whether...Read More
Until a few months ago, DeFi was quite the rage across the ecosystem. Of late, however, the space seems to have lost some steam, with many projects failing to sustain the early gains it made. Understandably, many in the community have since become more skeptical and cautious about the space. CEO of Three Arrows Capital...Read More
Bitcoin has registered a considerable surge of 40% over the last 4 weeks. This week, in fact, as of this writing, Bitcoin had surged by a significant 5.47% on the charts. Perhaps, the $14,000-level could be a local top and we might retrace. However, it is too soon to ascertain that without looking into the...Read More
In the previous article, we laid down the premise. In this article, we’ll be diving further to better understand when you should buy Bitcoin. To reiterate, we’re looking at how often should you buy Bitcoin, based on a series of periodic moving averages. We’ve already looked at the 200-day moving average (DMA), and now we’ll...Read More
According to a disclosure by Yearn Finance, a flash loan attack vector was discovered by a security researcher recently, before being resolved by Yearn’s security team. A potential vulnerability was mitigated around 1.5 hours after being reported by Wen-Ding Li through Yearn’s security vulnerability disclosure process on 29 October 2020. It was also revealed that...Read More
Bitcoin’s dominance continued to rise at press time, with the same noting a figure of 63.97%. Monero, one of the market’s premier privacy coins, had been moving sideways over the past couple of weeks and could be set to continue to do so over the next week or two. VeChain was trading just above an...Read More
