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Bitcoin (BTC)
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Crypto lending volumes set record as Ethereum DeFi tokens surge.
Crypto lending is back in vogue.
The post Crypto lending volumes set record as Ethereum DeFi tokens surge appeared first on CryptoSlate.
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Peer-to-Peer Bitcoin Trading Tops $95 Million as Sub-Saharan Africa Records All Time High.
Weekly peer-to-peer bitcoin trading volumes topped $95 million globally with several countries recording new all-time highs for the year. The record trading volumes coincided with the most bullish week for cryptocurrencies with bitcoin (BTC) briefly trading above $12,000. origin »
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Man Accused of Arranging Murder to Avoid Crypto Debt Can’t Escape Jail, Brazilian Court Rules.
Crypto businessman Danilo Afonso Pechin remains jailed after Brazil's High Court refused to hear his request for habeas corpus. origin »
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U.S. Congress appeals for zero tax on crypto staking rewards.
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for zero tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. origin »
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Bitcoin Eyes $14K as US Dollar Breaks Below Classic Support.
Bitcoin pressed higher on Wednesday after finding reliable support at $10,500. The upside move appeared as the US dollar index broke below its classic trendline support that originated back in 2011. origin »
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Bitcoin’s Macro Price Chart Is Giving a Fund Manager “All-Time High Vibes”.
Bitcoin has seen a strong retracement since its highs of $12,200 set on Saturday. Bulls remain optimistic about the leading cryptocurrency. One fund manager in the space went as far as to say that the BTC chart is giving him “all-time high” vibes. origin »
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Bitcoin CME futures are trading at a $300+ premium; Here’s what this means.
Bitcoin’s recent strength has created a sense of “FOMO” amongst investors. The post Bitcoin CME futures are trading at a $300+ premium; Here’s what this means appeared first on CryptoSlate. origin »
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Market Wrap: Bitcoin Trudges Past $11.7K as DeFi Lending Rates Gyrate.
Bitcoin’s price is trending up. Meanwhile, interest rates for lending crypto in DeFi are still unpredictable. origin »
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Bitfinex Announces Cardano?s ADA Listing Following Successful Shelley Upgrade.
Cardano has announced that its native token, ADA, has been listed on the major crypto exchange Bitfinex; this is another step toward ADA mass adoption origin »
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Google Advertises Uniswap Phishing Scams.
Google searches recently displayed results and ads for at least three phishing schemes masquerading as the Uniswap decentralized exchange. BeinCrypto Russia discovered that the world’s most popular search engine was showing results for (and even advertising) scams pretending to be the Uniswap platform. origin »
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These Factors Suggest Bitcoin Could Hit $13,900 if Bulls Defend One Key Level.
Bitcoin’s consolidation phase within the lower-$11,000 region has resulted in a powerful push up towards $12,000 Although the crypto has yet to re-test this level, it does seem as though a movement to this level could be imminent in the near-term Multiple analysts are now offering bullish outlooks on BTC in the near-term One such trader is noting that a move up towards $13,000 could be brewing in the days and weeks ahead There are […] origin »
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Nasdaq-Listed MicroStrategy, Wary of Looming Dollar Inflation, Turns to Bitcoin and Gold.
“If you have large dollar values and you're hoping for any kind of return on them, that's faded,” said CEO Michael Saylor. “Gold, silver and bitcoin are showing strength.” origin »
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Experience Simplicity Of Derivatives Trading With Bityard.
Derivatives trading is becoming more popular in the crypto space. While there are many exchanges that offer derivatives trading, only a few have offered such services with the simplicity that Bityard does. origin »
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Americans are “pouring” cash, stimulus checks into Bitcoin and gold.
US citizens seemed to be taking a liking to Bitcoin and other cryptocurrencies, two recent reports suggest. The post Americans are “pouring” cash, stimulus checks into Bitcoin and gold appeared first on CryptoSlate. origin »
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Bitfinex Offers $400 Million in Rewards to Get Back 120,000 Stolen Bitcoins.
Cryptocurrency exchange Bitfinex is offering rewards of up to $400 million to the hackers who stole almost 120,000 bitcoins from its platform in 2016 as well as anyone putting it in touch with the hackers. origin »
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Hedgeye CEO Keith McCullough on Stagflation, Bitcoin and the Devalued Dollar.
One of the realest people in financial media joins for a conversation about where the economy really is and where it’s headed. origin »
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ETH Lite: Reflexer Labs Raises $1.7M to Build a Somewhat-Stable Coin for DeFi.
Reflexer Labs, a new decentralized finance project aimed at softening volatility, has closed a $1.68 million seed round led by Paradigm. origin »
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US Congressmen Want IRS to Balance Taxation and Innovation in the Cryptocurrency Space.
A bipartisan quartet of US congressmen wants the IRS taxation policy not to dissuade taxpayers from participating in blockchain token staking. These politicians believe America’s ingenuity can help drive this promising staking technology. origin »
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Zcash Just Surged 12% as Bitcoin Stagnates: Here’s Why.
One of the best-performing crypto assets of the past 24 hours has been Zcash (ZEC). According to data from Trading View, the cryptocurrency has gained 12% over the past day’s trading session, outperforming Bitcoin’s 4% gains and Ethereum’s 2. origin »
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Chainlink Competitor Band Protocol (BAND) Surges 45% In 5 Minutes: Here’s Why.
It seems that the days of explosive crypto gains are back. In the span of about five minutes, Band Protocol (BAND) gained approximately 45% against the U. S. dollar as buying volume surged. The chart below is from Alex Kruger, an analyst in the cryptocurrency space. origin »
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Sell Signals Stack Against Chainlink (LINK) After Surge to New All-Time High.
After an incredible 670% rally from bottom to top in Chainlink, the odds are stacked against the crypto asset climbing much further. Could a set of sell signals triggering on the altcoin across multiple timeframes and trading pairs finally point to an end of the asset’s parabolic rise? Chainlink (LINK) Topping $10 Triggers Sell Duo […] origin »
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2 Persons Charged For Illegal Drug Sale Transacted In Bitcoin.
Two Costa Rican citizens have been charged with illegal sale of opioids using Bitcoin in the dark web, court documents revealed. The grand jury in DC indicted David Pate and Jose Hou, a pharmacist, of seven charges, including the distribution of illegal substances as well as laundering money. origin »
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17-Year-Old Pleads Not Guilty to Twitter Hack as Defense Tries to Lower Bail From $725K.
The 17-year-old charged with being the mastermind behind July's Twitter hack has pleaded not guilty; the defense says bail posted is "grossly inappropriate" to the amount of money stolen. origin »
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Cardano Score May Be Updated, Weiss Ratings Says, on the Following Terms.
Weiss Ratings agency has replied to a question about Cardano and explained why Shelley hardfork has not resulted in an update to the platform?s rating origin »
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Why Analyst Who Predicted Bitcoin’s 2018 Low Isn’t Bullish on Stellar (XLM).
Like many other large-cap altcoins, Stellar Lumens (XLM) has performed well against Bitcoin and the U. S. dollar over recent weeks. Per data from TradingView, the asset is up by 58% against the dollar. origin »
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Darknet Opioid Vendors Charged with Money Laundering Using Bitcoin, Wire Transfers.
The US Department of Justice (DOJ) has taken into custody and charged a pair of darknet opioid vendors. David Brian Pate and Jose Luis Fung Hou, both from Costa Rica, allegedly sold the opioids on the darknet and laundered the money using Bitcoin and wire transfers. origin »
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Bitcoin Maximalists Will Be on Wrong Side of History, According to Ethereum Co-Founder Vitalik Buterin.
Ethereum and Cardano bosses take Blockstream CEO Adam Back to task after he compared their brainchildren to Bernie Madoff origin »
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Crypto Is Up Over 80% in 2020—and Google Users Are Taking Notice.
The cryptocurrency market is on fire again, after spending several years locked in a cold and painful crypto winter. Bears came out of hibernation and swatted down valuations, and with it, interest plummeted. origin »
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Tezos (XTZ) is Printing a Massive Bull Flag as Analysts Eye Move to $4.00.
Tezos (XTZ) has been seeing some incredibly strong price action throughout the past several days and weeks. Still, its momentum has shown some signs of slowing over the past 24-hours as it consolidated within the lower-$3. origin »
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$5.6 Million Double Spent: ETC Team Finally Acknowledges the 51% Attack on Network.
The Ethereum Classic (ETC) blockchain network lost $5. 6 million to one miner following a 51% attack initially thought to be a chain split. During the attack, the offending miner managed to double-spend 807,260 ETC ($5. origin »
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Exchange’s Bitcoin Balance Just “Dropped Off a Cliff” as Bullish Undercurrent Grows.
Bitcoin is currently growing incredibly strong from a technical and fundamental perspective. One indicator of the digital asset’s fundamental strength is the massive exchange outflows seen throughout the past several weeks. origin »
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NEM blockchain native cryptocurrency XEM now listed on bitFlyer.
NEM blockchain native cryptocurrency XEM, as of today is now listed on bitFlyer, one of Japan’s largest cryptocurrency exchanges. The listing will enable NEM’s extensive Japanese community to benefit from the liquidity of the bitFlyer platform. origin »
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Analyst Explains Why KAVA Could Rise Further Atop Its 170% QTD Rally.
DeFi token KAVA has caught investors’ attention following its 170 percent rally in the third quarter. Luke Martin, a cryptocurrency analyst, listed two reasons why KAVA/USD should continue its bullish momentum in the coming sessions. origin »
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Set Protocol’s Impending Upgrade Brings Open Source Hedge Funds to DeFi.
Set Protocol aims to shake up the financial services industry by giving retail investors easy exposure to investment strategies created by seasoned traders. The imminent release of v2 will allow fund... origin »
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Litecoin Short on Mimblewimble Funding, Development Moves Forward.
Developer David Burkett has shared an update on his work to implement Mimblewimble on Litecoin. The upcoming feature will introduce optionally private transactions for LTC users. This month, Burkett focused... origin »
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XRP Prices Jeopardized as Ripple Continues Flooding Market.
Ripple revealed that it ramped up its XRP sales last quarter, which may lead to a steep correction based on different fundamental and technical metrics. XRP Sales Spike Ripple made... origin »
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EOS Prepares for Bullish Price Action Despite Stagnating User Growth.
Even though EOS has been relatively dormant, one technical index estimates prices may soon face extreme volatility. EOS Prepares for High Volatility The past few months have been quite dramatic... origin »
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Bluehelix Global Expansion – Strategically Cooperates with Japanese Licensed Exchange Xtheta.
“Japanese licensed exchange Xtheta officially announced that it has a strategic partnership with Bluehelix, the leading blockchain financial infrastructure technology service provider, which to provide Xtheta with the underlying blockchain financial technology services to accelerate Xtheta’s global market advancement. origin »
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Bullish For Bitcoin: BTC Supply Slowly Shifts From Whales Toward Smaller Entities.
New data shows that the amount of Bitcoin held by smaller entities has grown significantly. Meanwhile, during the same time, whale-sized BTC wallets declined by a similar margin. Clearly, there’s been a sizable shift in supply, but what exactly does this crypto wealth transfer signify? And is this bullish or bearish for the first-ever cryptocurrency? Supply Restrictions Give Cryptocurrencies Added Value That Isn’t Fully Understood Out of all of Bitcoin’s unique attributes that give it […] origin »
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BAND Price Doubles on Coinbase Listing Hype; What’s Next?.
BAND, the native token of a decentralized oracle of the same name, surged by up to 100 percent this week. The rally appeared in the days leading up to BAND’s listing on Coinbase Pro, a US-based crypto trading platform. origin »
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U.S. Congress appeals for a fair tax on crypto staking rewards.
A group of Congress members in the US have sent a letter to the Internal Revenue Service (IRS) asking for a fairer tax on staking rewards, a Coin Center letter revealed Tuesday. However, a tax must be levied when such rewards are sold, instead of acquired, said the Congressmen. origin »
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Bitcoin Exchanges Report Massive Withdrawals as Price Eyes $12K-Retest.
The amount of Bitcoin tokens held across all cryptocurrency exchanges dropped dramatically earlier this week. Traders withdrew over 110,000 BTC on August 3 – a day after the BTC/USD rate plunged from $12,000 to as low as $10,500. origin »
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Ethereum Classic Considers Network Rollback Following $5.6M Theft.
Ethereum Classic suffered a 51% attack last weekend, the second such attack in less than two years. Initial investigations at the time showed no evidence of double-spending. Ethereum Classic (ETC) price drops after reports of a 51% attack. origin »
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Bitcoin Is Still Facing Down a Critical Resistance After Exploding 20% Higher.
Bitcoin is rallying once again, pushing to $11,700 as of this article’s writing. Analysts say that the cryptocurrency must hold above $11,500 by the time of the weekly close on Sunday evening to confirm more upside. origin »
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Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level.
Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […] origin »
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Why One Trader Thinks Bitcoin Will See a $1,000+ Plunge Despite Ongoing Upswing.
Bitcoin is currently showing intense signs of technical strength as it races towards $12,000 once again despite the recent rejection at this level The cryptocurrency is now well-positioned to see further upside but remains within a short-term consolidation phase until it shatters this level This uptrend may be bolstered by its break above a previously formed trading range within the lower-$11,000 region One analyst still believes that Bitcoin is at risk of seeing a large […] origin »
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As Long as Bitcoin Holds $10,500, Expect XRP, Tezos & Altcoins to Outperform.
Last week, all eyes were on Bitcoin: the leading cryptocurrency had just cracked past $10,500 for the first time since February and had entered a steep uptrend. But over the past few days, BTC has stagnated. origin »
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After Surging 60% in Two Weeks, Ethereum Just Printed a Reversal Sign.
Even factoring in the flash crash on the weekend, Ethereum is still up by approximately 60% in the past two weeks. ETH is printing a reversal sign after this extremely strong rally, per a Telegram channel tracking certain technical analysis signals. origin »
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