09-APR-2020

4 months ago

Ethereum backed by Ether could be true representation of open finance – via AMBCRYPTO
In the traditional world of finance, paramount significance is placed on trust and centralized models of governance. When the idea of cryptocurrencies like Bitcoin was conceived, it sought to present an alternative form of finance, one that was trustless and dependent solely on code. However, in the years since, even the world of crypto has had many pitfalls. Despite all these pitfalls, it continues to represent a decentralized and trustless system, when compared to the types of money offered by nation-states.

4 months ago

Calm Before The Storm For Bitcoin (BTC) – via CryptoDaily
Bitcoin is trading sideways as we expected it to. This may go on for a while as it did the last time before the decline kicked in. This time, it is expected to be a lot more devastating as the bearish pennant that we see on the daily chart for BTC/USD is a lot bigger compared to the previous one. The recent bullishness in the stock market was a misleading move, same as the one we saw just before the previous downtrend started. This week might end up being inconsequential with the S&P 500 (SPX) doing nothing out of the ordinary.

4 months ago

Security, Regulations, and Safe-Haven Assets: BeInCrypto Interview with Josh Goodbody (Binance) – via beincrypto
After his presentation at the Conference Exchanges in Amsterdam, BeInCrypto was able to ask a few questions to Josh Goodbody, Director for Growth and Institutional Business at Binance. In particular, we wanted to know what Binance does to insure funds, how Binance is affected by the new regulatory landscape, and how the coronavirus might affect the cryptocurrency markets.

4 months ago

Three’s a Crowd: Final Bitcoin Miner Shakeout Points to an Epic Rally – via NEWSBTC
Bitcoin just completed a repeating pattern signaling the third, and potentially final miner capitulation event, that in during past cycles proceeded the start of a major bull run, leading to a new all-time high.

4 months ago

Bybit Hosts Tether Airdrop To Celebrate The Launch Of USDT Perpetual Contracts – via CryptoDaily
Weeks after revealing its new USDT perpetual contracts, derivatives exchange Bybit has announced a USDT airdrop. The Singapore-headquartered trading platform is reinforcing its commitment to make Tether (USDT) the benchmark currency for all its futures contract pricing and collateral adjustment. Traders can claim up to $1,000 of USDT as part of Bybit’s airdrop campaign.

4 months ago

The Hash Rate Takes A Hit Following BCH Halving – via CryptoDaily
The halving on the BCH network happened earlier this week and has already seen the hash rate take a big hit and the block generation slowing down significantly. There are many in the crypto space to predict that at least some of the Miners on the network would abandon it and move to a more profitable coin such as BTC after their rewards were split too. But as the hash rate rises and falls on a day-to-day basis, the data for BCH is all up in the air.

4 months ago

Crypto adoption in India surges amid coronavirus and banking crisis – via Cryptopolitan
Crypto adoption in India is on the rise despite the coronavirus pandemic and domestic crisis in the banking industry. The crypto uptake surge is as a result of the Reserve Bank of India (RBI) lifting the ban banking institutions from doing business with firms dealing in crypto. The ban which was lifted on March 4 by the highest court in the sub-continent has seen trading volumes surge in the last one month. According to the CoinSwitch exchange CEO Ashish Singhal, trading volumes have been surging owing to the clarification offered during the Supreme Court ruling.

4 months ago

Bitcoin (BTC) Price Predicted to Hit $20,000 in 2020 by BitMEX CEO Arthur Hayes – via U.TODAY
The Bitcoin (BTC) price is still on track to hit its all-time high of $20,000 in 2020, according to BitMEX CEO Arthur Hayes. In the new ‘Crypto Trader Digest,’ which was published by the exchange on Apr. 9, Hayes claims that it remains his year-end target despite the historic March slump that seemingly shattered all bullish forecasts.

4 months ago

How Bitcoin’s Current Upward Move Compares to Previous Bull Traps – via beincrypto
The Bitcoin price has been increasing rapidly since reaching a low on March 13. At the time of writing, BTC is trading a full 94% above the aforementioned low of $3,760. Despite the massive increase, not everyone is convinced that BTC has already reached a bottom, One such individual is cryptocurrency trader @CryptoCapo_, who outlined a Bitcoin chart that shows the price movement since 2017.

4 months ago

Ethereum Fraud Case: 4000 ETH Recovered By Korean Authorities With the Help of Binance; Know Here! – via CoinGape
Binance, the largest cryptocurrency exchange in trading volume, released a report on April 9th pertaining to the details of a crypto project that lost close to 4000 ETH back in November 2018 through fraud. The exchange is following up the case and has worked with Korean and Ukrainian authorities in a bid to recover the amount stolen.

4 months ago

BlockFi Brings in Three Arrows Capital as Investor – via CRYPTOBRIEFING
BlockFi has announced today that it has brought on Three Arrows Capital as a strategic investor to the company. Three Arrows Capital, a leading fund manager focused on providing superior risk-adjusted returns, is now also an institutional client of BlockFi. The investor joins the company through a secondary transaction.

4 months ago

Texas regulators clamp down on Bitcoin ‘Ultra Mining’ Firm – via Bitcoinist
The Texas State Securities Board has issued a cease and desist order against what it alleges is a fraudulent bitcoin mining company. The state regulator asserts that Ultra BTC Mining has been selling illegal investment schemes as well as claiming charitable donations that cannot be verified.

4 months ago

Crypto Events for today – via COINDAR
1. Force Protocol (FOR) – ForTube Beta
2. MixMarvel (MIX) – Listing on Hanbitco Exchange
3. VX (VX) – AMA
4. OKB (OKB) – AMA On Twitter
5. apM Coin – AMA On Bittrex Telegram
6. IoTex (IOTX) – AMA On YouTube
7. Ark (ARK) – AMA On Slack

We hand pick and post some Interesting Crypto News Snippets by gathering them from various sources available Online, It will help you save your time especially for traders who like to know the happenings about various crypto coins. Please feel free to comment or ask your questions in comment section below and If you think this is useful please share it in your circle with your friends and other crypto enthusiasts.

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