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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level
Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »
2020-9-9 23:00 | |
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Tether Saves the Day by Reversing a 1 Million ERC20-based USDT Transaction Sent to DEX Swerve
Some might say, Tether has saved the day. Surely for the degen whose million dollars was involved here. But not for the crypto industry, which promotes self-sovereignty. As Dovey Wan said, “It’s defeating the purpose of “code is law” and “unconditional execution of smart contracts. дальше »
2020-9-8 19:36 | |
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UK Digital Bank Ziglu Launches P2P Payments for Bitcoin and Bitcoin Cash
London-based challenger bank Ziglu said Monday that it has been licensed as an Electronic Money Institution (EMI) by the U. K. ’s Financial Conduct Authority. After receiving the permit, the fintech start-up immediately launched peer-to-peer (P2P) payments for both crypto and fiat currencies. дальше »
2020-9-8 00:30 | |
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Chef Nomi Surrenders the Keys to SushiSwap to FTX Founder
Following the scam allegations directed towards Chef Nomi, the anonymous founder and lead developer of SushiSwap, the keys to the said DeFi platform has been given to FTX and Serum DEX founder Sam Bankman-Fried on September 6. дальше »
2020-9-7 19:00 | |
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Yield farming frenzy has led to massive Ethereum, Tether withdrawals in China
The ongoing rush for “yield farming” in the crypto market has reportedly led to Chinese investors withdrawing funds from exchanges in the country to lock them up on obscure protocols that promise high yields, said local outlet WuBlockchain earlier today. дальше »
2020-9-7 15:58 | |
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Chainlink Posts Relief Rally, But One Analyst is Still Expecting $5.00; Here’s Why
Chainlink saw a massive decline earlier this week that sent its price plunging to lows within the sub-$10. 00 region. The cryptocurrency is beginning to show some signs of strength as it rebounds from these lows, with its recent lows starting to look increasingly like a long-term bottom. дальше »
2020-9-7 04:00 | |
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Bitcoin Maintains $10k Support as Weekly Close Approaches; Factors to Consider
Bitcoin has found itself caught within a consolidation phase ever since its price bottomed at $9,900 yesterday This level has proven to be major support on multiple occasions throughout the past few days and weeks, suggesting that it may ultimately prove to be a long-term bottom Analysts are now noting that the cryptocurrency may be well-positioned to see significantly further upside in the days and weeks ahead That being said, how it continues reaction to […] дальше »
2020-9-6 19:00 | |
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“Only Chainlink,” Loopring clears recent Band Protocol integration rumors
Payments protocol and zkRollup exchange Loopring said this week that rumors of its partnership with oracle provider Band Protocol were greatly exaggerated and a mistake. The post “Only Chainlink,” Loopring clears recent Band Protocol integration rumors appeared first on CryptoSlate. дальше »
2020-9-7 15:37 | |
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Bitcoin Cash, Litecoin, Tezos Price Analysis: 6 September
"The time to buy is when there's blood on the streets", said Baron Rothschild. It could be difficult to discern whether the bloodshed has halted, or if there is more red to be seen. Tezos, Litecoin anThe post Bitcoin Cash, Litecoin, Tezos Price Analysis: 6 September appeared first on AMBCrypto. дальше »
2020-9-6 11:00 | |
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Bitcoin’s Role as a Hedge Against the Global Financial System Back in Question
As markets go through a rough time, along with the bitcoin, people are back to questioning the largest cryptocurrency’s role as a hedge against the macro disorder. The same was said in March when bitcoin crashed along with the rest of the stocks, oil, gold, and other assets. дальше »
2020-9-5 16:33 | |
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Latin American Country Brazil Looks to Introduce Its CBDC Soon
The Brazilian central bank said the country could release a central bank digital currency by 2022, according to local reports. A Brazilian CBDC Brazil is the latest country in a long line to jump on the nationalized digital currency bandwagon. дальше »
2020-9-5 01:07 | |
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Brazil's central bank president says CBDC will be ready by 2022
Brazil Central Bank President, Roberto de Oliveira Campos Neto, announced that plans to have a digital currency by 2022. In an interview with Bloomberg Markets’ Editor, Erik Schatzker, Neto said thaThe post Brazil's central bank president says CBDC will be ready by 2022 appeared first on AMBCrypto. дальше »
2020-9-4 19:00 | |
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The US Air Force Wants to Use Blockchain Tech for Flight Battle Systems
The U. S. Air Force’s (USAF) continuing series of blockchain investments is entering the space of battle management systems using the technology, according to news outlet Coindesk. US Air Force Looks to Blockchain Raytheon BBN Technologies said in a statement this week that it won a $495,039 contract titled: “Characterizing the applicability and relevance of DLTRead MoreRead More. дальше »
2020-9-5 17:14 | |
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Bank of England Governor Warns of Risky Bitcoin, Mulls Stablecoins
In a speech to the Brookings Institution on Thursday, September, 3, the head of the Bank of England warned about digital currencies like Bitcoin. He said that the leading crypto has “no connection” to money. дальше »
2020-9-3 21:29 | |
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Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use
In a panel discussion with the Brooking Institution, Governor of the Bank of England, Andrew Bailey said that stablecoins, Bitcoin, and other cryptocurrencies are difficult and unsuitable for the publThe post Bank of England guv: Bitcoin, cryptocurrencies are difficult and unsuitable for public use appeared first on AMBCrypto. дальше »
2020-9-3 19:43 | |
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After $190M Investment, Kazakhstan Now in Talks to Attract $714 Million in Bitcoin Mining
Kazakhstan, one of the hottest places for bitcoin mining, is currently in talks to attract an investment worth 300 billion tenge, $714 million into the cryptocurrency sector, said Digital Development Minister Bagdat Mussin. дальше »
2020-9-3 18:39 | |
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Unnamed DeFi project offers Tone Vays $500k for promotion
A less scrupulous figurehead would probably have said yes.
дальше »2020-9-3 18:09 | |
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VW-backed QuantumScape to Go Public at $3.3B Valuation
Coinspeaker VW-backed QuantumScape to Go Public at $3. 3B ValuationQuantumScape said that it plans to go public. It is the latest transportation startup to integrate with a special purpose acquisition company or SPAC. дальше »
2020-9-3 17:27 | |
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XRP May Be Primed for a “Massive Breakout” After Reclaiming Crucial Levels
XRP has been closely tracking Bitcoin and the other major altcoins throughout the past few days. Although this helped provide it with some slight momentum earlier this week, it has since caused it to see some notable downside, as the aggregated crypto market is beginning to show some signs of weakness. That being said, there […] дальше »
2020-9-3 02:00 | |
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Ethereum Posts Strong Reaction to Key Support Level, But Risk of Downside Remains
Ethereum and the entire crypto market saw a sharp selloff overnight that caused ETH and most other major altcoins to erase their recent gains This selling pressure struck a lethal blow to the uptrends seen by both major and minor altcoins alike That being said, Ethereum and Bitcoin have both been able to remain above multiple key support levels As such, analysts are noting that bulls may be firmly in control, and may help guide […] дальше »
2020-9-3 23:00 | |
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UMA Sell-Off Takes Price 35% Lower From YTD Top; What’s Next?
UMA bulls have taken a break from pumping the token, given the magnitude of its price correction in the last 36 hours. The UMA/USDT exchange rate fell by circa 25 percent within the said period. As of September 1, the pair was trading at a year-to-date top of $30 following a 700 percent rally. The […] дальше »
2020-9-2 14:00 | |
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Major Swiss Insurer Adds Bitcoin and Ether Payments
Atupri, a Swiss health insurance provider, said Monday that its 200,000 customers will now be able to make payments using bitcoin and ethereum. The 110-year old firm claims it is the “first” insurer in Switzerland to accept cryptocurrencies. дальше »
2020-9-2 09:30 | |
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Tezos Agrees To Pay $25 Million To End Class Action Lawsuit Over Securities Laws Violation
Tezos has reached a settlement with the court to end approximately three years of litigation between Tezos and a group of plaintiffs. The said plaintiffs filed a class-action lawsuit that concerned whether the Tezos (XTZ) cryptocurrency is a security and whether the company conducted its 2017 ICO inappropriately. дальше »
2020-9-1 18:17 | |
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Bitcoin Emerges as a Safe Hedge in Argentina Amidst Inflation Fears
Argentina citizens voted Bitcoin was the safest way to invest and save money during a time of crisis, according to the results of a survey released by crypto firm Paxful this week. Crypto the “Safest” during Crisis The survey found out that of 1,113 Argentineans, over 75% said they would choose Bitcoin and other cryptocurrenciesRead MoreRead More. дальше »
2020-9-1 17:00 | |
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Ethereum Founder Says Yield Farming Projects Will Need to Print Money Like Central Banks
Ethereum founder, Vitalik Buterin, blasts the ever-expanding yield farming space, comparing the token incentives to central banks’ constant money printing. In a tweet on Aug. 31, Vitalik said the economics behind these decentralized finance (DeFi) projects are similar to the “Federal Reserve being run by Ron Paul” – former republican congressman. дальше »
2020-9-1 15:49 | |
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Tesla Foils Ransomware Attack After Employee Rejects Bitcoin Bribe Worth $1 Million
Tesla’s Elon Musk has said the company recently foiled attempts to infect its computer network with malicious software, after an employee cooperated with the FBI in an investigation. The malicious software would create an opportunity for criminals to extort money from Tesla. дальше »
2020-9-1 04:00 | |
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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance
Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […] дальше »
2020-9-1 23:00 | |
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Nigerian Crypto Startup Yellow Card Raises $1.5 Million For Expansion in Africa
Yellow Card has raised $1. 5 million in a seed round. The Nigerian crypto startup said it will use the money to expand its operations in Africa while making it easier for people on the continent to buy and sell digital assets. дальше »
2020-8-31 01:00 | |
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Chainlink oracles to be deployed on privacy-centric DeFi app
The Oasis Foundation, an organization supporting the development of the Oasis Network and its ecosystem, will integrate Chainlink’s market-leading decentralized oracles to enable support for Decentralized Finance (DeFi), and various other privacy-focused blockchain dApps built on the Oasis Network, it said in a release shared with CryptoSlate. дальше »
2020-8-31 23:01 | |
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Why This Analyst Doesn’t See Ripple’s XRP Hitting $1 Anytime Soon
An investment analyst, Timothy Peterson says Ripple’s XRP is not likely to reach $1 and much less likely to reach $10. The analyst who uses value estimates to project the future performance of digital assets based on adoption and user interest said the number of users on its network isn’t improving, which means that XRP […] дальше »
2020-8-31 17:41 | |
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IDEX Undergoes Smart Contract Audit Instead of Riding the “Test in Prod” Narrative
IDEX, a decentralized exchange, will use crypto firm Quantstamp to audit its smart contracts. It comes at a time when most DeFi projects are launching without strict audits. A DeFi alternative to CEXs In a release, IDEX said the launch of its upgrade, the IDEX 2. дальше »
2020-8-28 15:07 | |
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Crypto leaders at odds over SEC’s ‘accredited investors’ move
Many prominent crypto players responded positively to the SEC decision, while others said the move falls short
дальше »2020-8-28 08:32 | |
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Bitcoin & Gold Make An Inverted V on Fed’s Inflation Sacrifice; Stocks Roared Even Higher
The Federal Reserve will allow inflation to run above 10%, said Fed Chairman Jerome Powell during the much-awaited virtual speech from the central bank’s annual Jackson Hole, Wyoming symposium. Bitcoin’s price responded to the news quite visibly, forming an inverted V, as the digital asset jumped from $11,290 to just above $11,600. дальше »
2020-8-27 19:48 | |
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Fidelity Launches Bitcoin Fund With Minimum Investment Of $100,000
Fidelity investments said in a new filing to the Securities and Exchange Commission that it is launching a Bitcoin fund — the Wise Origin Bitcoin Index Fund I. Managed by a new business unit called Fidelity Digital Funds, this will only be available to qualified purchases with a minimum investment of $100,000. Clearly, the fund […] дальше »
2020-8-27 16:03 | |
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Veteran Strategist Sees Bitcoin Back at $12K as Powell’s Speech Nears
A veteran market strategist expects Bitcoin to hit $12,000 even as the cryptocurrency looks uncertain ahead of the annual Jackson Hole meeting on Thursday. Mark Principato, the founder of New York-based Seeking Cryptos, said BTC/USD is setting up for “a new swing trade long off of today’s inside bar. дальше »
2020-8-28 11:37 | |
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Barstool Sports Founder David Portnoy Now Wants to “Save” Bitcoin and Crypto
High-flying social influencer and one-time crypto trader David Portnoy said he would “save” the crypto market in a tweet this week – but only if asked “nicely. ” Saving Bitcoin The founder of sports blog Barstool Sports, Portnoy entered the crypto market in high spirits earlier this month aiming to turn a hit profit in theRead MoreRead More. дальше »
2020-8-27 23:00 | |
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American Airlines Said It Would Slash 19,000 Jobs in October if U.S. Aid Wasn’t Extended
Coinspeaker American Airlines Said It Would Slash 19,000 Jobs in October if U. S. Aid Wasn’t ExtendedAmerican Airlines will fly less than 50% of its normal schedule in the fourth quarter. дальше »
2020-8-26 11:27 | |
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