09-JAN-2021

2 weeks ago

An Ethereum-based CryptoPunk Artwork Just Sold for $176,000 – via Decrypt
Owning a pixelated avatar of a knitted cap-wearing ape is a status symbol, argues the user who paid thousands for it. A pseudonymous user called “gmoney” paid 140 Ethereum (ETH) for a pixelated CryptoPunk (CP) avatar on Wednesday. At the time of purchase, the non-fungible token was worth $150,000—and its value has increased to more than $176,000 already. But it wasn’t about making a profit, gmoney explained.

2 weeks ago

Legendary House DJ Carl Cox Tokenizes New Music on Ethereum – via CryptoBriefing
Carl Cox joins a growing list of musicians to release an NFT on Ethereum. Dropping as part of crypto art show Future Art, the collection will feature exclusive music from Cox. The drop will be unveiled as part of crypto art show Future Art. The British DJ is the latest musician to jump on the NFT bandwagon as the space grows.

2 weeks ago

Crypto-Stealing Malware Targets At Least 6.5K Victims – via CryptoNews
The ElectroRAT malware has been attempting to steal cryptoassets, including bitcoin (BTC), litecoin (LTC), ethereum (ETH), and monero (XMR), among others, from thousands of victims for the past year, according to a researcher at the New York-based cybersecurity company Intezer Labs. Intezer estimates the campaign has infected thousands of victims, “based on the number of unique visitors to the pastebin pages used to locate the command and control servers.” As of early January 2021, the user’s pastes have attracted close to 6,500 unique users, according to data obtained by the cybersecurity firm.

2 weeks ago

This Crypto Exchange Is Putting the Brakes on FOMO Demand – via Decrypt
Crypto and stock trading platform eToro has temporarily upped the minimum deposit amount for new users to $1,000 to handle a deluge of amateur crypto investors. The price of Bitcoin has gone from $30,000 to $40,000 in one week. Several exchanges, including eToro, had trouble handling high trading demand. eToro has temporarily instituted higher minimum investments for new users as a result.

2 weeks ago

Ethereum Forming Extremely Bullish Pattern as Bulls Target New Highs – via NEWSBTC
Ethereum has been struggling to gain any immense momentum as it navigated towards the mid-$1,200 region, with the selling pressure here proving to be significant. Each move towards $1,300 has sparked rejections, and its price has been moving in close tandem with Bitcoin’s. One analyst believes that the crypto is on the cusp of making a serious push higher. He notes that ETH’s macro-outlook is incredibly bullish, with his first price targets resting within the lower-$2,000 region.

2 weeks ago

Bitcoin Just Traded a Record-Smashing $99 Billion in One Day – via Decrypt
Bitcoin’s daily trading volume hit an all-time high, just as Bitcoin’s price hit its own all-time high. Bitcoin today hit $99 billion in trading volume, an all-time high, according to metrics site CoinMarketCap. Traders shook hands on $99.3 billion worth of Bitcoin deals in the past 24 hours, the site records. The all-time high in daily trading volume coincided with yet another all-time high for Bitcoin’s price, which this afternoon peaked at $41,941.

2 weeks ago

US Treasury Department Lacks Power to Pass FinCEN Bill – via CryptoNews
The controversial draft anti-money laundering/know-your-customer (AML/KYC) crypto compliance regulations proposed by the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN) is continuing to draw criticism from critics, who claim the agency is acting out of its remit in its bid to regulate the sector. The crypto advocacy group Coin Center has published a second open letter to the agency. The new correspondence accuses the regulator of creating further chaos and disregarding public feedback.

2 weeks ago

Bank of America: Bitcoin Bull Run Is the ‘Mother of All Bubbles’ – via Decrypt
A senior analyst at Bank of America thinks that Bitcoin’s latest bull run “blows the doors off prior bubbles.” Bank of America’s chief investment strategist has termed Bitcoin’s latest bull run the “mother of all bubbles,” claiming that it “blows the doors off prior bubbles,” such as the dotcom bubble of the early 2000s. Michael Hartnett warned investors in his “Flow Show” of the “violent inflationary price” that has surged the price of Bitcoin and stoked the equities market.

2 weeks ago

Bitcoin Options Hit $10 Billion in Open Interest – via Decrypt
Bitcoin options open interest is booming as the crypto market continues to set new records almost daily. The total open interest (OI) across Bitcoin (BTC) options markets has reached over $10 billion today, as highlighted by market insights platform Unfolded. Open interest is the total number of currently outstanding derivative contracts—such as options and futures—that have not been settled yet. Options are contracts that give buyers the right—but not the obligation—to purchase assets at a specified price on a set date in the future, for which they pay sellers a “premium.”

2 weeks ago

Bitcoin Mining Difficulty Set to Hit a New Peak, as Price & Hashrate Hit Theirs – via CryptoNews
At the time bitcoin (BTC) price is breaking all-time highs, the mining difficulty is set to break its record tomorrow, while the hashrate has already surpassed its own. Both buying and mining BTC has been getting tougher. Per the BTC.com, a major mining pool, estimates, mining may become the most difficult it’s ever been in just a day from now. Bitcoin mining difficulty, or the measure of how hard it is to compete for mining rewards, is expected to climb to 20.58 T, whereas the previous peak was 20 T reached in mid-October 2020.

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.

08-JAN-2021

2 weeks ago

Intercontinental Exchange crypto venture Bakkt nears SPAC deal: report – via THE BLOCK
Digital asset firm Bakkt is looking to tap into the public markets through a SPAC deal, according to a Bloomberg report. Bakkt, a venture by Intercontinental Exchange, is in advanced stage talks to go public through a merger with blank-check firm VPC Impact Acquisition Holdings, according to Bloomberg’s sources. The transaction, which could be announced next week, would value the merged entity at more than $2 billion.

2 weeks ago

Coinbase Trends On Twitter For Downtime During Bitcoin Break Above $40K – via NEWSBTC
Bitcoin momentarily blasted above $40,000 today, doubling its previous peak set back in 2017. A huge rejection took place shortly after the level was overcome, prompting a $4,000 drop near instantly. But as eager buyers stepped in to “buy the dip” on Coinbase, they were met with frustration and disrupted services. And because Bitcoin is trending on Twitter, Coinbase is now also but for all the wrong reasons. Here’s why Coinbase needs to shape up its act before the bull run enters the next phase.

2 weeks ago

Third Major South Korean Bank to Enter Crypto Custody Fray – via CryptoNews
More mainstream South Korean financial companies are taking the crypto plunge, with Shinhan Bank, one of the biggest commercial banks in the country, making a move into the crypto custody industry with a strategic equity investment in the Korea Digital Asset Trust (KDAC). The KDAC is a joint-venture custody company that was established by the domestic crypto exchange Korbit, as well as blockchain technology company Blocko and the digital asset researcher Fair Square Lab.

2 weeks ago

Crypto Tax Automation Startup TaxBit Draws Investment From PayPal and Coinbase – via CoinGape
TaxBit, a Utah-based crypto tax automation solution startup has raised an undisclosed amount from key fintech firms PayPal Ventures and Coinbase Ventures along with several existing investors Winklevoss Capital. The crypto startup offers a crypto taxation solution in the form of automation software that can help individuals, businesses, and crypto exchanges to manage their crypto portfolios thus helping to further the adoption.

2 weeks ago

BitMEX Finally KYCs All Users but Bitcoin Balance Is Down 66% – via Decrypt
Crypto derivatives exchange BitMEX has announced that all of its active users are now verified. But some of its users have already left. Crypto derivatives exchange BitMEX has announced that it starts 2021 with “a fully verified active user base.” The completion of its User Verification Programme comes on the heels of various charges filed by the CFTC in October. Meanwhile, BitMEX users’ Bitcoin balances have decreased by two-thirds in 2020.

2 weeks ago

Bitcoin Dominance Broke a High Not Seen Since March 2017 – via Decrypt
Bitcoin’s market dominance reached 72% earlier this week. This was the highest it’s been for almost four years. Bitcoin’s market dominance has grown to a high that hasn’t been seen since March 2017. Market dominance is used to capture Bitcoin’s value in the wider crypto industry. Other cryptocurrencies have seen mixed results with their own share of the market.

2 weeks ago

On-Chain Analysis Shows Rise in Number of Bitcoin Whales as Requests Soar For $1 M+ Buys – via CoinGape
A new trend is emerging across major crypto exchanges where big bitcoin whales seem to have finally joined on the Bitcoin frenzy post institutional validation. Top crypto exchanges have received several buy orders of above $1 million in the past week which explains how bitcoin has managed to remain unfazed by any market correction.

2 weeks ago

Mike Novogratz Warns Bitcoin Could Go Down If Speculative Bubble Bursts – via U.TODAY
On Thursday’s broadcast of CNBC’s “Squawk Box,” Galaxy Digital CEO Mike Novogratz warned that Bitcoin could go down together with stocks because there is too much correlation with risk assets: If the S&P was down 20 percent in the next three days, Bitcoin would be lower, not higher. He predicts that high-flying stocks like Tesla (TSLA) are eventually going to “reverse hard”: You’ve got to watch for cracks. One day, we will wake up, and markets will be reversing, and then they will reserve hard.

2 weeks ago

Finland’s customs authority is looking to sell bitcoin seized in 2016, now worth more than $75 million – via THE BLOCK
Finland’s customs authority, Tulli, is looking to sell 1,981 bitcoins, local public broadcaster Yle reported the news on Thursday. The majority of the seized bitcoins (1,666) were confiscated in 2016 via the arrest of Finnish drug dealer Douppikauppa. The bitcoins were worth about $860,000 at the time of confiscation, and now they are valued at more than $75 million.

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.

07-JAN-2021

2 weeks ago

XRP Rallies While Bitcoin Nears USD 38K & Total Market Cap Smashes USD 1 Trillion – via CryptoNews
The most troubled major cryptoasset, XRP, rallied in the past few hours in double digits, while the most popular cryptocurrency, bitcoin (BTC), jumped above USD 37,000, helping the total crypto market capitalization surpass USD 1 trillion for the first time. At pixel time (04:51 UTC), XRP is up by 13% in the past hour alone and is trading at almost USD 0.303. The price is up by 33% in a day and 40% in a week, trimming its monthly losses to less than 53%. XRP is the second-best performing top 10 coin today, only after stellar (XLM), which is up by 72%.

2 weeks ago

Bitcoin Price Sets New ATH, Why BTC Bulls Could Aim $40K – via NEWSBTC
Bitcoin is up over 10% and it broke the $35,500 and $36,500 resistance levels. The price traded to a new all-time high close to $37,400 it is still well above the 100 hourly simple moving average. There is a major bullish trend line forming with support near $35,880 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to continue higher towards $38,500 and $39,800 if the current trend remains intact.

2 weeks ago

The Cryptocurrency Market Is Now Worth More Than $1 Trillion – via Decrypt
The total market capitalization—or the combined price of all cryptocurrencies currently in circulation—has just broken above $1 trillion, CoinGecko’s data showed today. While it’s hard to say whether those are all cryptocurrencies in existence, this is another major milestone for the 6,124 digital assets that the platform tracks.

2 weeks ago

Former Federal Reserve Governor Now On Board with Bitcoin – via Decrypt
Given the massive shift in monetary policy, “Bitcoin does make sense as part of a portfolio in this environment,” said Warsh. Former Federal Reserve governor and one-time Bitcoin skeptic Kevin Warsh has changed his tune on the crypto asset. Following Bitcoin’s recent surge, and changing attitudes on the regulatory side, the asset now “does make sense” in a sensible portfolio, Warsh said today.

2 weeks ago

Corporate Investment May Be About to Pump Bitcoin, Says Bill Miller – via CryptoBriefing
Investor Bill Miller, who has managed billions of dollars worth of funds and allocated 1% of his net worth to Bitcoin, sees corporate investment as a huge potential buy signal. Bill Miller allocated 30% of a $154 million fund to Bitcoin throughout 2017. Miller has beaten the S&P 500 for over 16 years with his investment decisions. He stated that the trend of companies diversifying into Bitcoin may be about to skyrocket BTC prices.

2 weeks ago

Coinbase whales keep buying Bitcoin as price rockets to new all time highs – via Bitcoinist
Despite Bitcoin trading at relatively high prices, whales on Coinbase are still accumulating at an alarming pace. Analyst Joseph Young spoke about this in a recent tweet, explaining that the Coinbase premium is nearly $100 over Binance.

2 weeks ago

On-Chain Data Shows Bitcoin Rally Has Yet to Enter “Overheated” Territory – via NEWSBTC
Bitcoin’s rally has been heating up as of late, with bulls taking full control of its price action as they sent its price rocketing past its previous all-time highs overnight. This rally didn’t last for too long, as an influx of selling pressure around $36,000 slowed its ascent and caused it to reel towards $34,000. It has been consolidating around this price level ever since, and it remains unclear as to whether it will see an extended consolidation phase here or if it will regain its momentum. One on-chain analyst explained in a recent tweet that a reliable indicator shows that although Bitcoin’s rally is warming up, it still has a long way to go before it enters “overheated” territory.

2 weeks ago

Bitcoin Miners Are Now Making $33 Million a Day – via Decrypt
Bitcoin mining revenue has reached a high last seen in 2017, according to Glassnode CTO Rafael Schultze-Kraft. Bitcoin total mining revenue has hit $33 million per day. Total mining revenue has only been higher during a short period in December 2017. Current figures are also up by about 90% since the days before Christmas last year.

2 weeks ago

Active Bitcoin Addresses Print Fresh Record High – via U.TODAY
Blockchain analytics firm Glassnode has noted that the number of hourly active Bitcoin addresses has eked out a fresh all-time high, eclipsing the peak that was recorded back in early January 2018.

2 weeks ago

Ripple CTO And XRP Architect David Schwartz Shares Current Crypto Holdings – via ZyCrypto
Crypto figureheads rarely make public their portfolio but one of the original architects of the XRP ledger and Ripple CTO, David Schwartz unveiled his crypto holdings. He made this known through his Twitter account after an inquiry from another account with the handle “TheDustyBC”. XRP claimed the number one spot in the list which he made according to position size while bitcoin and ethereum followed suit.

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.

06-JAN-2021

2 weeks ago

Ethereum price prediction: ETH towards $1400, analyst – via Cryptopolitan
The cryptocurrency market has exploded in the past few days, all major cryptocurrencies are seen to be pushing towards new record-breaking levels. The queen of cryptocurrency has been following the king quite closely. The 24-hour movements are matching that of Bitcoin’s as usual, but as some deviations are expected ETH displayed a higher level of fluctuation.

2 weeks ago

Grayscale Sells All XRP in Large Cap Fund for Bitcoin, ETH – via Decrypt
Digital asset manager Grayscale Investments has sold all the XRP in its Digital Large Cap Fund. It has bought Bitcoin and other coins instead. Digital asset manager Grayscale Investments sold all XRP in its Digital Large Cap Fund at the end of December, according to a statement today. XRP amounted for about 1.5% of the fund. Grayscale sold all its XRP to purchase Bitcoin, Ethereum, Litecoin and Bitcoin Cash.

2 weeks ago

Bitcoin and Altcoins Holding Uptrend Support – via CryptoNews
Bitcoin price is holding gains above the USD 30,000 and USD 30,500 support levels. To start a fresh increase, BTC must gain momentum above the USD 32,500 resistance. It is currently (13:00 UTC) trading well above USD 31,200. Similarly, most major altcoins are trading above important uptrend supports, including ethereum, XRP, EOS, XLM, LINK, BNB, OMG, NEO, TRX, bitcoin cash, DOT, litecoin, and ADA. ETH/USD is back above USD 1,000, but it must clear USD 1,080 for another rally. XRP/USD is moving higher and it could attempt an upside break above the main USD 0.250 resistance zone.

2 weeks ago

Ethereum Fans Brag About All-Time High Fees As L2 Solution Coming – via CryptoNews
Ethereum (ETH) fees hit a new an all-time high, with its supporters arguing it’s a proof of high demand, while Ethereum moves towards a new Layer 2 (L2) scaling solution. Ethereum has been experiencing significantly high fees on and off for several months now, particularly with the decentralized finance (DeFi) boom last summer. And it has reached yet another all-time high as a result of a major jump from January 1’s USD 1.68 to yesterday’s median fee of USD 8.5. The previous all-time high happened last September when the median transaction fee had hit USD 8.48.

2 weeks ago

An Astonishing $2 Billion Is Now Staked in Ethereum 2.0 – via Decrypt
The staking protocol is oversubscribed by over 428% of its requisite threshold. It’s now the fifth biggest staking network in the world. The Ethereum 2.0 staking protocol now holds over 2.2 million ETH, data from on-chain analytics site Dune Analytics shows. The amount is worth over $2.3 billion at Ethereum’s current market price of $1,049. However, the asset itself rose over 43% in the past week, meaning the figure may change if prices correct downwards and no new ETH is deposited.

2 weeks ago

Ethereum Rally Fails to Spark Chinese Interest as Bitcoin Hogs Limelight – via CryptoNews
Racing ethereum (ETH) prices have seemingly failed to impress Chinese crypto users, with interest in the token – as well as blockchain technology – almost unchanged despite record-breaking recent altcoin rallies. Data from WeChat shared on Twitter by Primitive Crypto co-founder Dovey Wan showed that while interest in bitcoin (BTC) spiked as the token broke through the USD 20,000 and then the USD 30,000 threshold, ETH and blockchain interest barely even fluctuated – even when ETH was posting gains of over 100%.

2 weeks ago

DeFi Hits Historic $17.5 Billion Locked, But ETH Is Still Flowing Out – via Decrypt
Total value locked in DeFi is higher than ever, but the surging prices of ETH and BTC are leading users to pull those assets out. Total value locked in DeFi has hit $17.5 billion, a new all-time high. Even as TVL is rising, ETH and BTC are being pulled out of DeFi protocols after huge holiday pumps. TVL also accounts for many altcoins locked in DeFi, and locked value could rise even higher if an “alt season” materializes.

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.

05-JAN-2021

3 weeks ago

BTC-to-Gold Ratio Hits New High, JPMorgan Predicts $146,000 Bitcoin Price Target for Long Term – via CoinGape
In a note to clients, JPMorgan analyst Nikolaos Panigirtzoglou wrote that Bitcoin holds the potential to make substantial gains in the long term giving a price target of $146,000. It means that BTC will be more than 4.5x the current price with its market cap crossing $2 trillion.

3 weeks ago

No Need for South Korean Lawmakers to Declare Crypto after Bill Fails – via CryptoNews
South Korean politicians and senior public officials need not report their crypto holdings or cryptoasset-related earnings, a new report has claimed – and there are no plans to make them do so. Per the Electronic Times, no fewer than three bills that would have seen cryptoassets granted property rights (and thus obliged MPs and civil servants to declare their trading profits) have failed to pass the National Assembly.

3 weeks ago

U.S. Banks Can Now Run Nodes for Stablecoins – via CryptoBriefing
The Office of the Comptroller of the Currency (OCC) has published a letter permitting banks to use stablecoins. It also allows banks to operate blockchain nodes that underlie stablecoins such as USDC. This means stablecoins can now be used for settlement purposes similar to SWIFT and traditional networks.

3 weeks ago

Bitcoin Uptrend From $20K Has Been Lost According To Parabolic Indicator – via NEWSBTC
Bitcoin price is still trading well above $30,000 after a nearly $5,000 retreat from highs set at the turn of the new year. But during the first decent-sized correction in the cryptocurrency since $20,000 was broken, one “parabolic” indicator could be suggesting that the daily uptrend has been lost. Here’s a closer look at the Parabolic SAR indicator and what it currently says about the first-ever cryptocurrency and if its unstoppable rally will continue.

3 weeks ago

Scaramucci’s $25 Million Bitcoin Fund Opens to Investors – via Decrypt
Anthony Scaramucci’s fondness for talking famously led to him getting fired as White House Communications Director after just 11 days. Now, his hedge fund is talking up Bitcoin, which should only help it as it looks to lure investors. Scaramucci’s hedge fund, SkyBridge Capital, which started trading on December 22 with $25.3 million in Bitcoin, has officially opened its Bitcoin fund to accredited investors. (According to Scaramucci, the hedge fund as a whole has over $300 million of funds in the BTC market.)

3 weeks ago

Sports Betting Sites’ Infographic Analyzes Growth in Bitcoin ATMs – via CryptoNews
Bitcoin is enjoying a long bull run. In fact, the cryptocurrency has more than doubled in price this year alone. While its market value has fluctuated as it has generally trended upwards, the growth of Bitcoin ATMs has been unidirectional and exponential. With Los Angeles leading the pack, we are quickly approaching 20,000 Bitcoin ATMs.

3 weeks ago

Three Arrows Boosts Grayscale Bitcoin Trust Holdings to $1.3 Billion – via Decrypt
Three Arrows Capital has significantly increased its Grayscale Bitcoin Trust holdings. The fund now owns nearly 38.9M shares, representing more than $1.31 billion in value. Grayscale now manages $20 billion in total assets, a 10x increase from the start of 2020.

3 weeks ago

Good Samaritan Donates $280,000 in Bitcoin to WikiLeaks Defence Fund – via beincrypto
A crypto fan donated a hefty 8.48 in Bitcoin to the international non-profit organization (NPO) WikiLeaks, specifically to the defense of its estranged founder Julian Assange. The donation was spotted by blockchain tracker and analytics system Whale Alert early on Monday morning. The bitcoin transaction presumably comes on the heels of somewhat favorable news for Assange.

3 weeks ago

Blockstream Debuts Open-source Hardware Bitcoin Wallet – via CryptoNews
The Vancouver, Canada-based major blockchain firm Blockstream said it has launched an open-source, battery-powered hardware wallet for storing bitcoin (BTC) and digital assets issued on the Liquid Network, including tokens like the stablecoin tether (USDT). The wallet is named Blockstream Jade.

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.

04-JAN-2021

3 weeks ago

Bitcoin’s Rally to $30,000 Featured on Front Page of Financial Times – via U.TODAY
The 132-year-old Financial Times, one of the biggest international business newspapers in the world, has featured Bitcoin’s ascent to $30,000 on its front page. This comes right after the 12th anniversary of cryptocurrency’s genesis block that includes the iconic The Times headline about bank bailouts during the global financial crisis in early 2009.

3 weeks ago

$70 Billion Evaporated in 2 Hours As ETH Plunged From $1170 To $900 – via CryptoPotato
The total cryptocurrency market cap is down $70 billion in less than two hours following a massive correction across the board. It’s perhaps safe to say that the past two hours have been some of the craziest on the cryptocurrency market for the past few years. The total cryptocurrency market cap surged to more than $900 billion, only to lose around $70 billion in an instant.

3 weeks ago

Bitcoin Price Crashes by $5,000 as Asian Whales Start Selling, Would US Market Follow the Suit? – via CoinGape
Bitcoin price finally showed signs of market correction as its price crashed by over $5,000 to record a 24-hour low of $28,286. The selling pressure was mounting on the top cryptocurrency as it defied many odds to continue its rally above $34,000 initiating on Christmas eve. Many believe the current market correction was triggered by Asian whales who were seen selling in bulk as Bitcoin was selling for a premium on several exchanges in South Korea.

3 weeks ago

Stuck on Uniswap: Average Ethereum Transaction Fees Spike Above $10 – via CryptoPotato
While ETH’s price went on a wild ride in the past 24 hours, the average fees on the network have spiked to above $10 for the first time in four months. ETH’s price is not the only Ethereum metric rising in the past few days as the transaction fees on the network have skyrocketed to an average price of above $10. The popular decentralized exchange Uniswap still accounts for the largest share with over 30,000 ETH spent in the past 30 days.

3 weeks ago

How many Bitcoin does its inventor Satoshi Nakamoto still own? – via Decrypt
In the first seven months of Bitcoin’s existence, Bitcoin creator Satoshi Nakamoto mined as many as 1.1 million Bitcoin. This fortune, now worth in excess of $30 billion, remains untouched to this day. Numerous individuals have been put forward as the enigmatic Satoshi, but his identity has yet to be definitively proven.

3 weeks ago

Key Indicators For The 2021 Alt Season Start – via CRYPTOTICKER
Ethereum price was close to hitting $1,000 today, which is definitely the first indicator that the alt season might be coming soon. However, we need more than just one random pump on Ethereum, investors want to see a sustained move and Ethereum outperforming Bitcoin first. The alt season is characterized by altcoins exploding in price. The last alt season that started around November 2017 was massive. The total market capitalization at the time excluding Bitcoin was around $70 billion and exploded to $542 billion at its peak in January 2018.

3 weeks ago

There’s Now $10 Billion in Unsettled Bets on Bitcoin’s Future Price – via Decrypt
Open interest on Bitcoin futures has hit $10 billion, its highest ever, according to data from Skew Analytics. That means that there’s $10 billion worth of bets on the future price of Bitcoin. Coinciding with the record is a bumper weekend for Bitcoin’s price, which shot past $30,000 yesterday to reach its all-time high price of $34,608.

3 weeks ago

Lost Bitcoin: 3.7 million Bitcoin are probably gone forever – via Decrypt
Although more than 18.5 million BTC have been minted, some of these Bitcoin are inaccessible, reducing the circulating supply. Bitcoin can be lost, burned, or just plain forgotten, removing these coins from circulation. Current estimates suggest that around 20% of the current Bitcoin supply might be permanently lost.

3 weeks ago

So Bullish: Russell Okung Becomes First NFL Player To Receive Salary In Bitcoin – via ZyCrypto
After almost two years of persisting request, popular American football offensive tackle for the Carolina Panthers in the National Football League (NFL), Russell Okung has finally received half of his $13 million worth of salary in Bitcoin. Okung is recognized for his unwavering stance and confidence in Bitcoin. Over the years, he has been a steadfast advocate for Bitcoin. Due to Okung’s commitment to boost the adoption of cryptocurrencies, he has been consistently pleading to receive his payment in crypto since May 2019.

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.

03-JAN-2021

3 weeks ago

Ethereum Surpasses $800, but It’s Far from Its All-Time High – via U.TODAY
Ethereum, the second-largest cryptocurrency, has hit the $800 level for the first time since May 6, 2018. Its market cap has now reached $91.7 billion once again, surpassing Godman Sachs, Uber and travel giant Booking.com. On Jan. 3, the decentralized finance (DeFi) ecosystem — which is primarily powered by the Ethereum blockchain — also passed $15 billion in total value locked, according to data provided by DeFi Pulse.

3 weeks ago

$8.2 Million Worth of Crypto Artwork Sold in December – via Decrypt
The non-fungible token-based art scene has ended 2020 with a bang, more than tripling its monthly trading volume in December. December 2020 marked a new record for the blockchain-based art market, with the total trading volume of non-fungible token-based (NFT) works amounted to $8.21 million, according to analytics platform CryptoArt.io.

3 weeks ago

What’s in Store for Ethereum in 2021? – via CryptoNews
The second-largest crypto network by market capitalization, Ethereum (ETH), had an eventful 2020 as many other players in the Cryptoverse. But what awaits the network in 2021? The picture looks green price-wise and busy when it comes to new developments, according to industry insiders talking to Cryptonews.com.

3 weeks ago

Ethereum active supply hits 5-year low – via AMBCRYPTO
The Ethereum [ETH] market has been seeing increased momentum that has been driving the price of the cryptocurrency in the past few months. Amid the active spot market, the active supply of Ethereum has been dropping to new lows. According to the data provider – Glassnode alerts, the active supply of ETH measured on a 3-6 month timeframe has just hit a 5-year low of 5.073 million ETH.

3 weeks ago

Polkadot [DOT] Surges Over 77% in the Past Week Flips BCH For the 6th Spot – via CoinGape
Polkadot [DOT], a defi protocol that allows for arbitrary data, not just tokens to be transferred across blockchains has recorded mammoth gains over the past week. Its native token DOT has surged by over 77% in the past week even flipping Bitcoin fork BCH to take the 6th spot. The defi token is barely a year old and yet has a market cap bigger than BCH is quite an achievement and another feather in Defi’s cap.

3 weeks ago

Bitcoin Bull Says those Waiting to “buy the dip” Will Fuel the $50k to $100k Pump – via ZyCrypto
A Bitcoin bull and Founder of Capriole Investments Charles Edwards says those waiting to buy the next Bitcoin bull or waiting for the next correction will end up fueling the pump from $50k to $100k. This is coming on the heels of Bitcoin price crossing $30,000. The price has become a psychological price level like the famous $10,000 where a pullback was expected to happen.

3 weeks ago

Bitcoin Price Touches $33,000 in Unstoppable Rally – via CryptoTicker
Bitcoin price has hit $33,000 for the first time ever in what seems to be an unstoppable rally. The total market capitalization of Bitcoin is now $610 billion becoming the 12th largest asset by market cap in the world, followed by Alibaba at $648 billion and Tesla at $668 billion. The highest market capitalization asset at $12 trillion is gold which means Bitcoin is still has a market cap 20 times lower. The rise of Bitcoin’s price in the past two months has been impressive but still not as parabolic as the one we have seen in 2017.

3 weeks ago

JP Morgan Chase believes Bitcoin is overbought – via Cryptopolitan
JP Morgan Chase strategists in a recent report by Bloomberg has been quoted to be describing Bitcoin as being “overbought.” According to these bank analysts, Bitcoin must continue to have a large scale inflow like it had seen in recent times in order for the coin not to have a price correction. The strategists also noted that Grayscale who currently hold over $13 billion as assets under management have a monthly inflow of $1 billion. They further added that due to this size of their inflow, they wouldn’t be welcoming to any new position that would lead to a sustained negative price.

3 weeks ago

Massive Bitcoin (BTC) Outflows on Coinbase Continues As Price Approaches $30,000 – via CoinGape
Bitcoin (BTC) continues to scale new heights hitting a new all-time high above $29,600. The Bitcoin investors’ activity has been clearly pointing at a sustained bull run ahead. The recent price surge to $30,000 comes on the backdrop of heavy buying happening on Coinbase in the last 48 hours. There are massive massive Bitcoin outflows registered on the Coinbase Pro exchange in the last two days. CryptoQuant CEO Ki-Young Ju notes that over 12,000 BTC have moved out of Coinbase to multiple cold wallets for custody, and this could be facilitated by big OTC deals.

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.

02-JAN-2021

3 weeks ago

$28 Million Maryland Ponzi Scam Offered Crypto Payout – via CryptoBriefing
The FBI is investigating a Ponzi scheme in which three people stole $28 million by promising returns on cryptocurrency and other investments. According to a Dec. 18 release, the alleged perpetrators operated an investment company, Smart Partners LLC, formerly “1st Million.”

3 weeks ago

Will Central Banks Hold Bitcoin in 2021? – via beincrypto
Famed cryptocurrency trader and Aike Capital founder Alex Krüger tweeted on Jan. 1 that the bitcoin – gold relationship needs closer examination. Central banks (CB) will hold bitcoin sooner or later, says Krüger. The reason, he says, has to do with gold and how central banks treat it. In a series of tweets, Krüger shows how demand for gold has changed in 2020.

3 weeks ago

FinCEN Seeks Info on US Citizens’ Offshore Bitcoin Holdings – via CryptoBriefing
FinCEN may amend the Bank Secrecy Act to force Americans to disclose their offshore crypto holdings. The Financial Crimes Enforcement Network (FinCEN) under the U.S. Treasury released a notice in which the regulator proposed changing its foreign asset reporting rules to include cryptocurrencies. If passed, the rule will enforce action against U.S. cryptocurrency users who may hold unreported crypto assets over $10,000 on overseas trading exchanges and other financial service providers.

3 weeks ago

Breaking: Crypto Exchange Bittrex Delists Privacy Coins XMR, ZEC and DASH – via CoinGape
U.S.-based exchange Bittrex today announced the delisting of 3 privacy coins namely Monero [XMR], Zcash [ZEC], and Dash [DASH] as of January 15th, 2021. Earlier South Korean exchanges were spotted to delist privacy coins citing the FATF’s regularity concerns.

3 weeks ago

Bitcoin price prediction: BTC can rise to $50000, analyst – via Cryptopolitan
Previously, the king of cryptocurrency had been facing strong resistance from the $29k level. It had tried a few times to cross the level but failed after each brief crossing. The new year’s outlook could be optimistic as Bitcoin has successfully crossed the resistance level of $29k. The low for the day was $28,022, and the coin peaked at $29,530.

3 weeks ago

Top 10 Aspiring Crypto Coins for 2021 – via beincrypto
It’s already 2021, historically the first year in this crypto cycle, almost entirely bullish in nature. I have taken a deeper look at the industry and have prepared a list of the top ten aspiring coins for 2021. Which projects have the best chance of success? Can the parabolic rises of 2020 continue? Where is the best place to invest smartly and reduce the chance of failure while increasing your profit potential? Which crypto projects will rise to the top in 2021? Let’s dive in!

3 weeks ago

Grayscale Hits $20 billion in AUM as Bitcoin’s Price Goes Wild – via Decrypt
Crypto fund manager Grayscale closed 2020 with a cool $20 billion under its wings. The asset manager, whose publicly-traded funds offer investors the opportunity (with several hefty caveats) to trade crypto on the stock market, has increased its holdings by ten times since the start of 2020.

3 weeks ago

Rising Bitcoin (BTC) Investors Activity Suggests BTC Bull Rally to Continue – via CoinGape
The BTC price has hit a new all-time high of $29,594 with its market cap moving past $550 billion. Interestingly, the ongoing investors’ activity in Bitcoin suggests that the bull run won’t be stopping anytime soon.

3 weeks ago

Gold Bug’s Nightmare: Bitcoin Records New Peak Against Yellow Metal – via U.TODAY
Bitcoin chipping away at gold’s market cap was one of the dominant narratives of 2020, which was also picked up by Wall Street legends in the likes of Stanley Druckenmiller. Now, on the first day of 2021, the dominant cryptocurrency reached a new all-time high against the bullion. One Bitcoin was worth 15.62 gold ounces at 7:37 AM ETS, which is the highest level since Dec. 16, 2017.

3 weeks ago

US Representatives Demand Deadline Extension for Devastating Crypto Rule – via CryptoBriefing
A bipartisan group of Congresspeople led by Rep. Tom Emmer has written to the U.S. Treasury Department to extend the deadline for obtaining public comments on the proposed legislation for KYC for self-hosted crypto wallets and blockchain nodes. On Dec. 23, the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, issued a Notice of Proposed Rulemaking (NPRM) for making KYC mandatory for hosted wallets.

3 weeks ago

$600 Stimulus Checks on Their Way, Will the Fresh Stimulus Aid Boost Bitcoin Price? – via CoinGape
As per latest statement released by IRS, $600 fresh COVID relief aid is on its way and initial direct deposits have started on Tuesday. Bitcoin price boosted partially with massive government stimulus throughout 2020 has already crossed $29,000 and traders are expecting more upward movement as soon as stimulus money hits bank accounts.

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.

01-JAN-2021

3 weeks ago

VanEck Has Refiled its Application For a Bitcoin ETF. Here’s Why – via Decrypt
Investment firm VanEck files a new Bitcoin ETF with the SEC days after former chairman Jay Clayton leaves the position. VanEck withdrew its last attempt at an ETF on September 17, 2019, after several attempts were blocked by the U.S. Securities and Exchange Commission (SEC). The SEC has repeatedly blocked Bitcoin ETFs submissions because it believes the Bitcoin market is prone to manipulation, so no ETFs for anyone.

3 weeks ago

Crypto Market Cap Hits New Highs Above $775 Billion – via CryptoBriefing
The value of the entire cryptocurrency market has reached a new all-time high above $775 billion. Bitcoin dominates the market, with 71% of its value. Experts believe 2021 will be a good year for Bitcoin.

3 weeks ago

$7 Billion “Lost” and HODLed Bitcoin Found Since Start of Bull Run – via Decrypt
Bitcoin left untouched for years is moving once again. The amount of Bitcoin that was thought to be lost keeps dropping. It is coming back into circulation because investors are moving it. The amount of “lost” or “Hodled” Bitcoin just hit a new low—and now stands at 7,252,161.786 BTC, according to data metrics site Glassnode. That’s $209 billion-worth of the cryptocurrency at today’s price.

3 weeks ago

Colombian Watchdog Says Companies Can Convert Capital to Bitcoin – via CryptoNews
In an official notice, the Superintendency of Corporations (Superintendencia de Sociedades), the nation’s corporations regulator explained that following a consultation, firms in Colombia are now legally permitted to use their capital to buy cryptoassets such as bitcoin (the only token explicitly named in the document) – so long as they abide by regulations outlined in the existing commercial code.

3 weeks ago

Why This VC Expects Altcoins to Boom as Bitcoin Rally Enters an “Extreme” – via NEWSBTC
Matt Kaye, crypto-focused venture capitalist at Blockhead Capital, explained in a recent tweet that he is slowly converting his Bitcoin to altcoins, noting that he expects an imminent flood of capital away from BTC and towards its smaller peers. “I’ve starting selling BTC for alts over the past 7 days and will continue to. The extreme nature of this period is why. I’m betting on: – Extreme mrkt positioning – General greed & fomo – ALTs being under owned as holders capitulate for BTC – Cyclical nature of the market.”

3 weeks ago

COVER Hack: Cover Protocol and Binance Announce Compensation Plan for Hack Victims – via CoinGape
Cover Protocol, a Defi insurance protocol was recently exploited by a white hat hacker minting an infinite amount of the COVER protocol token owing to an infinite minting bug. The hacker later sold a portion of the Cover protocol token for 4350 ETH worth $3 million and burnt the rest of the tokens, he also returned the funds generated via the sale of the token back to the deployer.

3 weeks ago

Aggregated Bitcoin Futures Open Interest Hits All-Time High – via U.TODAY
Open interest for Bitcoin futures across major exchanges has hit a new all-time high of $3.34 billion, according to data provided by CryptoQuant.This might signal that the derivatives market is getting a bit too overheated. Many previous open interest peaks were preceded by a market correction; this was the case in early September and late November.

3 weeks ago

Can the SEC Devastate Bitcoin Like XRP By Classifying BTC As A Security? – Crypto Critic Speculates – via ZYCRYPTO
If the US Securities Exchange Commission (SEC) decided to go after Bitcoin like it’s doing to Ripple, Bitcoin would fall just as quickly as Ripple’s XRP has in the last couple of days, according to renowned Bitcoin critic and gold crusader Peter Schiff. After close to three years of indecision, the US SEC finally went after Ripple last week for conducting illegal securities token sales with XRP. At the time of the announcement, XRP was in the midst of a long-overdue rally aiming to reach $1 and beyond. Ripple’s woes started immediately after the lawsuit with mass liquidations followed by delisting by major exchanges including Coinbase, which plans to suspend XRP trading in January 2020. The shocking news came a day after Ripple’s CEO Brad Garlinghouse warned that the SEC was preparing to sue Ripple as part of its agenda to sabotage crypto innovation in the US through its outgoing chair Jay Clayton.

3 weeks ago

Fears of Bearish Correction Loom as Bitcoin OTC Deals Plunge – via NEWSBTC
Bitcoin faces the prospects of undergoing a massive downside correction as on-chain data shows a plunge in its over-the-counter deals. According to data fetched by CryptoQuant, the total amount of Bitcoin tokens flowing out of Coinbase Pro’s addresses to their newly-created custodial cold wallets has decreased ever since BTC/USD crossed above $23,000. As CryptoQuant’s CEO Ki-Young Ju noted earlier, these wallets hold Bitcoin for major crypto-enabled firms like Genesis Trading (which buys Bitcoin for Grayscale Investments, one of the largest crypto accumulators) and Ruffer Investment (which bought around $750 million worth of BTC last year). That allows the data analytics portal to equate large BTC transfers from Coinbase Pro to new wallets as OTC transactions.

3 weeks ago

MicroStrategy’s Stock Spikes Almost Triple Since It Acquired Bitcoin in August – via U.TODAY
MicroStrategy has witnessed a surge of nearly three times its share price since Aug. 11, when it first acquired Bitcoin with part of its reserve cash. MicroStrategy shook the community when, on Aug. 11, it announced it was allocating a mammoth $250 million of its reserve cash into Bitcoin. It was the first publicly-traded company to acquire the flagship cryptocurrency. As per a chart from Nasdaq, back on that day, MSTR was trading at $134.89. Today, on the last day of 2020, the share price constitutes $389.97—almost triple growth since August.

3 weeks ago

Is China Replacing Bitcoin with Digital Yuan? U.S. Listed Car Maker NIO Removes Bitcoin Payments Ads – via CoinGape
It’s Bitcoin Vs Digital Yuan, are Chinese authorities forcing companies to accept digital Yuan replacing Bitcoin? In a very unusual case today, NIO a U.S. listed electric car-maker company from China advertising to offer bitcoin payment services at its dealership suddenly removed ads altogether. First the Bitcoin ads were replaced with digital currency and then removed suspiciously.

3 weeks ago

Fundstrat’s Tom Lee Expects Bitcoin to Soar 300 Percent in 2021 as It Hits $29,000 – via U.TODAY
In an interview with CNBC, Fundstrat’s Tom Lee predicted that Bitcoin could triple in value in 2021: I think, in rounder numbers, 2021 is gonna be a lot of like 2017, which means Bitcoin should do even better in 2021 than it did in 2020. So, something above 300 percent. Lee added the interplay between the weaker dollar and stronger Bitcoin was part of his thesis, adding that younger generations now view the flagship cryptocurrency as an alternative to gold.

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.

08-OCT-2020

4 months ago

RSK Boosts Bitcoin DeFi With DAI Integration – via CryptoDaily
The development team behind RSK and its Infrastructure Framework (RIF) has announced the integration of the DAI stablecoin to its Bitcoin-based smart contract platform. The addition of DAI to RIF further broadens the scope of decentralized finance (defi), expanding it beyond the Ethereum ecosystem and bolstering RSK’s existing defi capabilities.

4 months ago

Bitcoin Options Volume Surges on CME as Traders Bet on BTC Price Rise – via CRYPTOGLOBE
The trading volume on bitcoin options listed on the Chicago Mercantile Exchange (CME) has surged this Wednesday, October 7, as traders mostly traded call options, bets on a BTC price rise. According to data from Skew, first reported on by CoinDesk, the CME traded $48 million worth f options on Wednesday, the highest daily volume it has seen since July 28. The figure is up 300% from Tuesday, where it traded $12 million worth of bitcoin options.

4 months ago

USD 36m in Stolen Bitfinex Bitcoin Moved, Botched BTC ATM Theft + More News – via CRYPTONEWS
Almost USD 36m worth of bitcoin (BTC) associated with the massive 2016 hack of crypto exchange Bitfinex was moved across elven transactions on Wednesday and Thursday, according to blockchain tracker bot Whale Alert.

4 months ago

Is Elon Musk Next to Buy Bitcoin After Square and Microstrategy CEOs? Community Bets – via U.TODAY
Earlier today, it was reported that Square, spearheaded by Jack Dorsey (Twitter CEO), acquired $50 mln worth of Bitcoin. Now the community is sharing its impressions and some hope that Tesla chief Elon Musk will be the next big name in the corporate world to use Bitcoin as a treasury asset.

4 months ago

The Dollar is building Bullish momentum as Bitcoin’s wanes – via Bitcoinist
Bitcoin price just pumped following news that Square made a massive purchase in BTC, however, the dollar regaining momentum as the top cryptocurrency’s wanes, could soon suggest a pullback and a better buying opportunity for the major payments corporation. Here’s what inversely correlated technicals are saying about the two vehemently opposed currencies.

4 months ago

BitMEX Now Branded A “High-Risk” Bitcoin Exchange Following U.S. Government Charges – via ZYCRYPTO
The many milestones achieved this week in the crypto community has not erased the ups and downs in the industry. This month alone, two indictments have rocked the crypto space, and both have included two of Crypto’s high-profile personalities; Arthur Hayes and John McAfee. The arrest of the former CEO of leading cryptocurrency exchange and derivative trading platform BitMEX, along with his co-founders Benjamin Dell and Samuel Reed, has not only left the crypto-community puzzled but has now warranted industry takes to the Seychelles-based exchange.

4 months ago

Highlights From Square’s Bitcoin Investment Whitepaper – via CRYPTOGLOBE
On Thursday (October 8), Jack Dorsey’s FinTech firm Square released a document titled “Square, Inc. Bitcoin Investment Whitepaper” shortly after disclosing that it had made a $50 million investment in Bitcoin. Square was founded in February 2009, i.e. it is 11 years old, just like Bitcoin (BTC). The three co-founders are Jack Dorsey (who is also the company’s Chairman and CEO), Jim McKelvey, and Tristan O’Tierney.

4 months ago

BitMEX CEO Arthur Hayes Steps Down Following Criminal Charges – via CRYPTOBRIEFING
Following civil and criminal charges brought up by the CFTC and Department of Justice, Bitcoin derivatives exchange BitMEX has announced major leadership changes to its platform. The famous Arthur Hayes has stepped down as the CEO of BitMEX. Samuel Reed, the second co-founder and CTO of the exchange, has stepped back as well. The third co-founder, Ben Dilo, does not hold any position at the exchange.

4 months ago

Crypto Investors Waiting for Some Kind of Fiscal Stimulus Announcement – via CRYPTOGLOBE
On Thursday (October 8), investors in both equities and cryptoassets seem to be anxiously waiting to see if the Trump administration, the House Democrats, and the Senate Republicans can reach agreement on some kind of fiscal stimulus package before the U.S. presidential election on November 3.

4 months ago

Bitcoin Can’t be Correlated to Traditional Assets – Virgin Galactic Chairman – via CRYPTONEWS
If you follow the bitcoin (BTC) price movement, it will seem connected to traditional assets – but it can’t be, as it’s the opposite of today’s financial infrastructure, according to Chamath Palihapitiya, CEO of venture capital firm Social Capital, Chairman of commercial spaceline Virgin Galactic, and a former Facebook executive.

4 months ago

Bitcoin-inspired Art Sells for over USD 131,000 at Christie’s – via CRYPTONEWS
The link between the worlds of arts and blockchain-powered non-fungible tokens (NFTs) is continuing to deepen for collectors worldwide, with a bitcoin (BTC)-themed work named Block 21 (42.36433° N, -71.26189° E) (from Portraits of a Mind) – a piece inspired by blockchain technology – fetching USD 131,250 at a Christie’s auction.

4 months ago

Ethereum Miners Raked in Nearly $300 Million Last Month as Hashrate Breaks New Highs – via CryptoBriefing
Ethereum’s hashrate has surged to new all-time highs, marking an 80% increase since the beginning of the year. However, the replacement of the Proof-of-Work (PoW) protocol in ETH 2.0, along with decreased earnings for miners, questions the sustainability of the rise.

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.

07-OCT-2020

4 months ago

Troubles for Bitcoin grow as Analyst spots “Potential Death Cross” – via Bitcoinist
Bitcoin is on the verge of painting a Death Cross. The technical chart pattern–which forms after an asset’s short-term moving average closes below its long-term moving average–holds credibility for predicting bearish markets. In the stock market crash of 2008, for instance, many investors credited Death Cross for limiting their losses. The same scenario is now brewing on the Bitcoin daily chart, wherein the cryptocurrency’s 50-day moving average (50-DMA) is itching to drop below its 100-day moving average (100-DMA). If the crossover takes place, then it could leave Bitcoin under further bearish stress.

4 months ago

Music Celebrity Murda Beatz Grabs Bitcoin, Possibly Driven by Pomp’s Tweets – via U.TODAY
Grammy Award winning music producer, DJ and songwriter Murda Beatz has tweeted he now owns Bitcoin; it could be a result of Anthony Pompliano’s tweets. Murda Beatz (Whose real name is Shane Lee Lindstrom) has announced on Twitter that he has acquired Bitcoin, thus becoming yet another millennial proving the rule about his generation preferring cryptocurrencies as investment tools.

4 months ago

Ripple Considering Moving Headquarters to a More Crypto-Friendly Jurisdiction – via CryptoGlobe
On Tuesday (October 6), Chris Larsen, Co-Founder and Executive Chairman of Fintech firm Ripple Labs, said that his firm is considering moving its headquarters from San Francisco, California to a more crypto-friendly jurisdiction in Europe or Asia. Chris Larsen was born in San Francisco, California, and got his bachelor’s degree (B.S.) in accounting and business administration in 1984 from San Francisco State University (SFSU). In 2012, he and Jed McCaleb co-founded FinTech startup OpenCoin, which got renamed to Ripple Labs a year later. In February 2018, Forbes named him “the richest person in cryptocurrency”.

4 months ago

Bitcoin Technical Analysis: BTC Imminent Breakdown To Refresh $10,200 Before Recovery – via CoinGape
Bitcoin has been losing ground since it hit a snag at $10,800 earlier this week. The upside is capped below a trendline, forming part of a symmetrical triangle pattern. Tentative support at $10,600 failed to rise to the occasion, paving the way for the losses that refreshed lower levels at $10,500. Meanwhile, the bellwether cryptocurrency is trading at $10,560 amid a building bearish momentum. Marginally above the prevailing price, the 100 Simple Moving Average (SMA) and the 50 SMA in the 4-hour time frame stand in the way of upward price action.

4 months ago

Investor Focus shifts towards “Gem Hunting” as Bitcoin price wanes – via Bitcoinist
The Uniswap trading trend that gained heat throughout July and August is back, but in a different form than before. While in previous months, traders were focused on momentum plays over a multi-week time frame, they are now trading “Uniswap gems” with a one-day or two-day investment horizon. This has caused plenty of small tokens to see massive, and fleeting, pumps over a shorter time frame. One analyst believes that this trend may be why the altcoin market in general is seeing stalling momentum, which could persist until Bitcoin makes a bigger movement.

4 months ago

Hedgeye Chief Keith McCullough Bails on Bitcoin, Blames Lack of Stimulus – via beincrypto
With the bitcoin price stuck in a narrow range lately, some investors are calling it quits. Hedgeye Risk Management Founder Keith McCullough has bailed on bitcoin, announcing in a tweet that he has sold all of his BTC. McCullough, a Wall Street veteran who has traded for several high-profile hedge funds, said he “joined the bitcoin debate” at year-end 2017, when the bitcoin price had reached its peak of nearly $20,000. At the time, he said he was neither bullish nor bearish but instead was “your risk manager” on bitcoin.

4 months ago

Trump Stimulus Tweet Sends Bitcoin Price Plummeting $200 In 20 Minutes – via NEWSBTC
Bitcoin price just tanked just as US President Donald Trump crushed hopes of the stimulus round two. In just 20 minutes from the time the President tweeted, the price of the leading cryptocurrency plunged $200. Bitcoin price has been holding strong above $10,000, and more recently, $10,500. It even showed strong resiliency in the face of the recent BitMEX fiasco, the KuCoin hack, and even President Donald Trump contracting COVID.

4 months ago

This Grim Pattern Indicates BITCOIN is ready to plunge towards $9,500 – via Bitcoinist
There’s an air of uncertainty within the crypto market, with most altcoins plunging lower as Bitcoin continues consolidating. Analysts seem to be unsure of where the benchmark cryptocurrency will trend in the near-term, as it has yet to make any decisive movements. One trader is noting that BTC is currently in the process of undergoing a bearish technical cross between two of its moving averages. He notes that this could open the gates for a move significantly lower, even setting his sights on $9,500

4 months ago

Analyst: LTC, BCH, And XRP Will Eventually Be Knocked Out Of The Top 10 As Bitcoin And Blockchain Markets Mature – via ZYCRYPTO
A popular crypto analyst and trader thinks some of the well-known cryptos currently among the top 10 are headed downwards. Michael van de Poppe is a technical analyst as well as a crypto trader. Sharing his opinion in a twitter post, the trader shed light on the future possibilities in the crypto market targeting 3 of the top coins – Bitcoin Cash (BCH), XRP, and Litecoin (LTC). According to Michael, the crypto market is currently undergoing a transition phase with two changes taking place simultaneously. These changes will shake the market rankings in a big way.

4 months ago

SEC Bitcoin Blunder: Regulator Accuses John McAfee Of “Scalping” – via NEWSBTC
One of the crypto industry’s earliest supporters and the man who predicted Bitcoin would reach $1 million by the end of this year, was just arrested in Spain for tax evasion. That man is John McAfee, who was hit with a number of charges from the US government. Among the accusations, is a very incorrect understanding of what the term “scalping” means, as written by a top dog regulator that should know the space inside and out.

4 months ago

MicroStrategy CEO Explains Why Bitcoin Is a Better Investment Than Gold – via CryptoGlobe
In a recent interview, Michael J. Saylor, CEO of Nasdaq-listed business intelligence company MicroStrategy Inc., explained why his firm decided to invest around $425 million of its cash in Bitcoin instead of gold. On August 11, MicroStrategy Inc. announced via a press release that it had “purchased 21,454 bitcoins at an aggregate purchase price of $250 million” to use as a “primary treasury reserve asset.”

4 months ago

China’s Interest Is Centered Around Bitcoin, Signals Next Bull Run – via CoinGape
Over the last week, Bitcoin has been consolidating around $10,700 levels. Interestingly, the world’s largest cryptocurrency has been holding its position resiliently despite some negative news like BitMEX’s CFTC charges leading to an erosion of 32,000 BTC from the exchange. However, there’s been a spike in new participants coming to Bitcoin clearly indicated by a spike in new Bitcoin addresses. We are typically seeing 5-10K new Bitcoin addresses every day. However, there was an interesting breakout last week with a new BTC address shooting above 22k. Well, if this has to indicate something, Bitcoin might be setting up the stage for its next bull run.

4 months ago

Billionaire Chamath Palihapitiya Shares His Take on Bitcoin and Asteroid Mining – via U.TODAY
During his recent appearance on CNBC’s Squawk Box, Social Capital CEO Chamath Palihapitiya has once again weighed in on Bitcoin, Claiming that it could create “enormous wealth redistribution.” The billionaire investor was, however, baffled by the idea floated by the Winklevoss twins about how asteroid mining could boost Bitcoin’s value while bringing the gold market to its knees.

4 months ago

Ethereum’s MetaMask Reaches 1 Million Users, Grows 400% Year-to-Date – via CryptoBriefing
Ethereum’s favorite wallet mirrors the parabolic growth in DeFi space. Popular Ethereum wallet, MetaMask, yesterday crossed the one million active monthly users mark thanks to the tremendous growth in the DeFi space.

4 months ago

A Crypto Advocacy Group Just Airdropped Congress Members $50 in Bitcoin – via CryptoBriefing
U.S. lawmakers are joining forces with top crypto companies to educate the authorities about the goods and evils of blockchain and cryptocurrencies. A political action committee in the U.S. has launched an educational campaign on Bitcoin for congress members. Top crypto firms like BlockFi and Circle are sponsoring the initiative. U.S. Congress has passed two new laws related to cryptocurrencies with two other bills still under review. All 535 members of the U.S. Congress will receive $50 in Bitcoin to get hands-on experience using blockchain technology.

4 months ago

John McAfee could face a 5-year jail term over concealed crypto-assets and tax evasion allegation – via Zycrypto
Popular Tech millionaire and cryptocurrency proponent John McAfee has been indicted in Spain. The popular cryptocurrency personality is set to face extradition to the United States on tax evasion charges and fraudulent activities. As seen on the United States Department of Justice website (DOJ), John David McAfee is being charged with evading taxes and willfully failing to file tax returns. The June 15th indictment was unveiled shortly after his arrest in Spain where he was accused of raking in millions of cryptocurrencies for consultation, speaking engagements, selling rights to a documentary on his life story, and promoting ICO token sales without being transparent that he was being paid as much as $23.1 million to do so.

4 months ago

REvil Hackers Place $1 Million of Bitcoin on Public Forum – via Decrypt
REvil Russian hacker group dumped $1 million worth of Bitcoin on a Russian hacker forum as part of an online recruitment flex. The move was part of the group’s effort to entice new hackers to their cause. McAfee analysis suggest the group is connected to GandCrab, who targeted local government organisations in Texas last year.

4 months ago

UK Regulators Ban Crypto Derivatives To Retail Consumers – via CoinGape
In a massive blow to the cryptocurrency derivatives market, the Financial Conduct Authority [FCA] has announced that it has published the final rules to ban the sale of derivatives and exchange-traded notes [ETNs] that reference certain types of crypto-assets to retail consumers. With this, the UK-based companies will no longer be able to offer cryptocurrency derivatives products such as futures, options, and ETNs.

4 months ago

BitMEX Open Interest Drops, Withdrawals ‘Stabilize’ (UPDATED) – via CryptoNews
The troubled major crypto derivatives exchange BitMEX has seen large drops in both open interest, and bitcoin (BTC) balances held on the platform. Following the news last week that three owners of BitMEX and five related companies charged with operating an unregistered trading platform and violating multiple regulations, the exchange almost immediately saw a drop in open interest. (Last week, BitMEX said that they strongly disagree with the charges and intend to “defend the allegations vigorously.”)

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.

11-APR-2020

10 months ago

Ethereum community chasing a ‘mirage in the desert’ with Reddit news – via AMBCRYPTO
With the Ethereum network bereft of a lot of positive news lately, the ETH community was thrilled after it was reported that Reddit is supposedly experimenting with a blockchain-based token points system, with Ethereum being central to the development. Redditor MagoCrypto was the first to break the news after he uploaded a video that revealed a beta implementation of the system. This was later partly confirmed by a Reddit spokesperson when reached out to by the media.

10 months ago

Binance embezzlement charges: Damages worth $3 million for payment – via Cryptopolitan
Binance embezzlement charges is what could qualify as a class-action lawsuit, against the global exchange firm, currently being investigated by HackControl, a top cybersecurity firm. Contained in the Binance embezzlement charges are allegations that the exchange giant mismanaged and misappropriated funds without due consent and explanations adding that the exchange firm kept communication lines on with the cybersecurity outfit but did not release their funds.

10 months ago

Crypto Market Cycle: Data Shows Bitcoin On Pace For Post-Halving Bull Run – via NEWSBTC
With Bitcoin’s halving arriving next month on May 11, 2020, the expectation across the world of crypto has long been that the valuation of the first-ever cryptocurrency would skyrocket, but last month’s catastrophic selloff has some questioning the theory. However, according to historical data, Bitcoin price is currently on pace with where the crypto asset was before the previous halving, and before the hype bubble began to inflate.

10 months ago

Two COVID-19 Scenarios Named by Former Coinbase CTO: ‘Either Green or Red Zone’ – via U.TODAY
As per April 11, 2020, more than 496,000 people have been diagnosed with the novel coronavirus in the U.S., with 18,000 deaths reported. Doctor Balaji Srinivasan is sure that the country needs to go between Scylla and Charybdis.

10 months ago

Will Bitcoin’s improving privacy put Monero, Zcash, Dash at risk? – via AMBCRYPTO
Bitcoin, although the most popular representative of the cryptocurrency space, does not lead every nook and corner of it. In fact, there are specific areas where certain altcoins have taken the lead over the king coin. Ethereum, XRP, and Litecoin are some of the market’s leading altcoins, all of whom outperformed Bitcoin in terms of transaction speed and scalability, while coins like Monero, Zcash, and Dash have taken over Bitcoin in terms of privacy.

10 months ago

Binance Exchange adds 5 new fiat currencies – via Cryptopolitan
It has been a busy month, or should we say a busy year so far for the cryptocurrency world as it has faced numerous ups and down due to many confronting issues. However, there have also been new decisions made by financial bodies in order to strengthen the crypto-currency exchanges and value using fiat currencies.

10 months ago

Exodus blockchain smartphone can mine Monero says HTC – via Cryptopolitan
Exodus blockchain smartphone will enable users to opt-in to Monero (XMR) mining. While announcing the latest developments, the HTC mobile phone maker says mining cryptocurrency will be possible on the go. The April 10 press release shows the project has been made possible through collaboration with ASIC chip designers, Midas Labs. However, the XMR mining will be through the DeMiner App set to hit the market in Q2 this year.

10 months ago

Bitcoin Halving: How Miners are Preparing for Lower Block Rewards – via Coindesk
As the latest Bitcoin halving approaches, miners are upgrading equipment, optimizing arrangements, conserving power and more in the race to dominate.

10 months ago

Student Loan Waivers may Need More than 6-Month Extension, Says Trump – via beincrypto
Donald Trump has announced that the waiver to student loan repayments announced as part of the CARES Act last month may need to be extended. The US President said that the Department of Education would revisit the relief program at a later date.

10 months ago

How Bitcoin Has Boosted These Industries Over The Years – via CryptoDaily
Cryptocurrency is an ever-growing industry which has spread throughout almost every industry. At the time of writing, there are more than 1,000 cryptocurrencies listed on exchanges and because of the decentralised nature of said currencies, they have many uses. Some of those industries include travel, education, social media, real estate and more! Let’s take a look at some of these industries and how cryptocurrency has had an impact on them.

10 months ago

Atari crypto token set to launch with casino – via Cryptopolitan
Atari platform team has been working behind the scenes to venture into the crypto sphere. Atari’s interest in the blockchain became clear early this month after becoming the largest participant in LAND third presale in preparation for soon to launch Sandbox virtual world project. This project is creating the voxel style Atari themed park as well as Roller Coaster Tycoon park.

10 months ago

Macro Economist: Fragile Recovery of Bitcoin May Indicate $2,000 is Next – via NEWSBTC
Following Black Thursday, Bitcoin was on a tear, gaining 50% since that fateful day. BTC was trading at $7.3k, but a rejection at the 50-day moving average, coupled with falling volume, indicated a trend reversal.

10 months ago

Tezos, Chainlink on the brink of recovering their ‘Black Thursday’ losses – via AMBCRYPTO
The last quarter of 2020 proved once again how volatile cryptocurrency markets can be. While a liquidity crisis and a pandemic may have pushed Bitcoin’s price to crash a month ago, many altcoins seem very close to recovering all the losses incurred since. Altcoins such as Tezos and Chainlink registered remarkable recovery, while Maker isn’t very far behind either.

10 months ago

Send crypto via SMS text possible in Venezuela – via Cryptopolitan
You can now send crypto without the internet in Venezuela, a local exchange has revealed. The exchange enables users to send crypto through a simple Short Massaging Service (SMS). This is a strategy to spur adoption. The revolutionary SMS based crypto payment has been developed by Criptolago exchange. This is a strategy to grow crypto adoption in a country where internet penetration is still a nightmare. Transactions do not need users to be connected to the internet.

10 months ago

Crypto Events for today – via COINDAR
1. BitTorrent (BTT) – BTT Airdrop to TRX Holders
2. Ethereum Gold (ETG) – Listing on VinDAX Exchange
3. USDK (USDK) – Listing on BKEX Exchange
4. Buzzshow (GLDY) – CoinTiger Telegam AMA

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.

10-APR-2020

10 months ago

50k BTC moved between Bitcoin whales, community predicts price increase – via Cryptopolitan
Bitcoin whales were reported moving large sums of BTC amongst themselves. Whale Alert created a commotion by reporting the moves on Twitter, which instantly garnered a huge number of responses by the community. As the market recovers from its March crash, people are optimistic about the market’s momentum. The latest move by the whales strengthens the belief that the bullish momentum would continue, and the market will recover swiftly.

10 months ago

Large Players are in Full Bitcoin Accumulation Mode as On-Chain Activity Grows – via NEWSBTC
Bitcoin has seen some notable fundamental growth throughout the past week – according to on-chain data – which appears to have come about in tandem with the benchmark cryptocurrency’s climb into the $7,000 region. Large players within the nascent crypto market – commonly referred to as whales – have also been fueling this fundamental growth, appearing to engage in heavy accumulation in the time following the cryptocurrency’s intense crash seen in mid-March.

10 months ago

How YOU Can Develop ETH With Microsoft – via CryptoDaily
If you are long-time crypto enthusiast then you’ll probably be kicking yourself for not buying more of Ethereum when it’s price was around the $80 dollar mark, all those years ago. Now though, you can actually earn the cryptocurrency, so you don’t need to learn technical analysis. A good example of how to do this is with Microsoft, who are offering thousands of dollars through the decentralised platform Gitcoin to anyone who can help build and develop the ecosystem surrounding Ethereum.

10 months ago

Exploring The Potential Of Blockchain & Digital Currencies In COVID-19 – via CryptoDaily
The uncertainties surrounding the evolution of the coronavirus and its impact on the global economy are gripping. The world was not ready for a global pandemic, just as it wasn’t during the Spanish flu of 1918-1920 or other similar global plagues in history. What is different this time is the fact our world has never been more technologically connected, with people able to work remotely, buy online, see a doctor through video conferencing, and purchase digital currencies unencumbered by the limitations of fiat currencies. Indeed, well before COVID-19 arrived on the scene, digital assets have become a slowly maturing niche.

10 months ago

Roger Ver Stopped Mining Bitcoin Cash After Halving – via CRYPTOBRIEFING
Bitcoin Cash saw its hashrate drop dramatically following yesterday’s halving, bringing its network security to all-time lows. Even the mining pool operated by Roger Ver, one of the main figureheads behind the coin, almost entirely stopped mining BCH.

10 months ago

Bitcoin scam claims to involve Prince Harry, report reveals – via Cryptopolitan
A recent Bitcoin scam is claiming the involvement of the Duke and Duchess of Sussex Prince Harry Charles and his wife, Meghan Markle. The royal couple was featured in a Bitcoin trading scam showing a fake BBC article. In the article, the couple was shown praising a Bitcoin trading scheme. The news claimed that the pair discussed a “wealth loophole” that allows people to “transform” into a millionaire in three to four months.

10 months ago

The First Bitcoin Fund Had Just Been Listed On Major Stock Exchange: 3iQ Corp Has Launched On Toronto Stock Exchange – via CryptoPotato
Canada-based 3iQ Corp has launched a Bitcoin Fund on the Toronto Stock Exchange (TSX). It’s the first public cryptocurrency fund listed on a significant global stock exchange. The Class A units, having a total asset value of approximately $14 million, began trading today under the symbol QBTC.U.

10 months ago

XRP Poised for a Massive Movement if it Confirms This One Technical Pattern – via NEWSBTC
XRP has been struggling to surmount the resistance that has been established around the $0.20 for the past couple of days, with the crypto currently entering a bout of consolidation as Bitcoin trades sideways within the lower-$7,000 region. This lackluster trading, however, is unlikely to last for too long, as analyst are now widely noting that they anticipate the cryptocurrency to make a big movement in the near-term.

10 months ago

Bitcoin: Number of whales holding 1K BTCs breaches 2017 level; what’s next? – via AMBCRYPTO
Bitcoin has managed to regain its lost profits once again, almost a month after the terrible collapse of 13 March. At the time of writing, its YTD stood at 2.65%, with Bitcoin finally close to its pre-fall value of $7,325.77. With Bitcoin recording regular movements in 2020, an interesting trend highlighted by the same was observed on the charts recently.

10 months ago

Rich Dad Poor Dad Author Explains His Endorsement of Bitcoin – via CRYPTOGLOBE
Robert Kiyosaki explained his support for bitcoin as an asset that operates outside of the traditional financial system. Kiyosaki, author of the popular financial book Rich Dad Poor Dad, appeared on Morgan Creek Digital co-founder Anthony Pompliano’s podcast where he discussed the benefits of bitcoin.

10 months ago

An Indicator That Called Every Bitcoin Top With 86% Accuracy: Big Drop is Imminent – via NEWSBTC
Crypto analysts draw chart patterns, utilize technical analysis indicators, and much more to try and predict future price movements in assets like Bitcoin and altcoins. One specific technical analysis indicator that has called every Bitcoin top and bottom throughout the bear market with as much as 86% accuracy, has just signaled that a big drop could be imminent.

10 months ago

Earn Bitcoin (BTC) Rewards whenever you spend using Visa – via CoinGape
Fold, a crypto startup, has announced a new product which will allow users of their visa cards to receive between 1 to 2 percent in Bitcoin (BTC) rewards whenever they spend at any merchant worldwide that accepts Visa. Fold will issue these cards from July 2020.

10 months ago

Crypto Events for today – via COINDAR
1. Creditcoin (CTC) – Listing on OKEx Exchange
2. SynchroBitCoin (SNB) – Listing on WhiteBit Exchange
3. FOIN (FOIN) – Listing on LBank Exchange
4. Digitex Futures (DGTX) – AMA On YouTube

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.

09-APR-2020

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.

10 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.