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Here’s exactly why pundits believe Africa will drive the next Bitcoin bull run
The upsurge in cryptocurrency trading activities in Africa is a major reflection of the “state of crypto in Africa” report published earlier this year by Luno. In the report which was focused on analyzing how cryptocurrencies are being adopted in Africa and estimating the interest rate of cryptocurrencies among Africans, Luno discovered that there were […] дальше »
2020-7-15 16:00 | |
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How Will The Upcoming US Election Impact Bitcoin’s Price Performance This Year?
The pandemic-fueled market crash of March didn’t spare bitcoin or the rest of the crypto market, but in retrospect, it could be considered a good thing. The crash created a turning point, which later accelerated Bitcoin’s adoption, establishing it as an uncorrelated asset, with recognition even from top critics like gold investor Peter Schiff. Earlier […] дальше »
2020-7-15 11:04 | |
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Investors Expect Chainlink To Reach $10 Before Bitcoin Recaptures $10,000
The native token of decentralized oracle network Chainlink, LINK, has been on a tear the past couple of weeks. The cryptocurrency stole the spotlight earlier this week after skyrocketing to a new all-time high. дальше »
2020-7-15 00:16 | |
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Bitcoin Set Another “Lower High” as Analysts Eye a Sub-$9,000 Move
Bitcoin faced a grim rejection at $9,500 earlier this week that has caused its price to flash some notable signs of weakness. This rejection has now caused the crypto to set another “lower high” – further bolstering the bear case and causing BTC to be prone to seeing further near-term downside. One analyst is now […] дальше »
2020-7-11 19:00 | |
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Binance, Bitfinex, OKEx list DOGE derivatives after meme-coin volume jumps 683%
Three of the largest cryptocurrency exchanges listed Dogecoin earlier today after the meme-currency jumped 50 percent in two days. The post Binance, Bitfinex, OKEx list DOGE derivatives after meme-coin volume jumps 683% appeared first on CryptoSlate. дальше »
2020-7-11 02:30 | |
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Elon Musk Announces that Tesla Is ‘Very Close’ to Autonomous Driving Technology
Coinspeaker Elon Musk Announces that Tesla Is ‘Very Close’ to Autonomous Driving TechnologyAfter the earlier release of the autopilot driver-assistance system, Tesla has announced plans to deliver its vehicles with autonomous driving technology. дальше »
2020-7-9 20:56 | |
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Circle “Blacklists” $100,000 in USDC after Lawmaker’s Request
Documents from earlier this week showed crypto-finance firm Circle froze a certain USDC address tied to illicit activity, Coindesk reported Thursday. Blocking $100k Circle confirmed the news earlier this week. дальше »
2020-7-9 17:07 | |
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Crypto News Roundup for July 7, 2020
The Bitcoin hashrate, a key metric representing the net processing power of the Bitcoin network, reached a new all-time-high earlier on Tuesday. At a seven-day average of 123. 4 EH/s, this new milestone signifies that miners are pledging more power than ever to secure the network. дальше »
2020-7-8 22:58 | |
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Peter Schiff Expects Bitcoin’s Pivotal $9,000 Support to “Give Way”
Bitcoin is once again flirting with the ever-important support level of $9,000. Earlier on Sunday, the cryptocurrency briefly fell under $9,000 in a $100 move that unfolded over 30 minutes. Over that time, BTC fell as low as $8,910 on most major spot and derivatives exchanges, liquidating millions in the process. дальше »
2020-7-6 04:00 | |
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EOS-Based Social Media Platform Voice Is Now Open to Public
Voice, the EOS-powered crypto social media platform went live yesterday offering users a decentralized and censorship-resistant alternative to the current social media kingpins. Earlier than Anticipated Launch Highly-anticipated by the EOS community, the Voice social media platform has finally been launched. дальше »
2020-7-6 21:07 | |
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XRP Has Been Dropping All of 2020 — and Analysts Still Expect Downside
There was some hope earlier this year that this wasn’t going to be a bearish year for XRP. Ripple Labs, the fintech company that leverages the asset, saw a flurry of positive developments while altcoins as a whole outperformed. дальше »
2020-7-4 13:00 | |
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University of California pays out millions in Bitcoin after ransom attack
The University of California at San Francisco (UCSF) paid out over $1. 14 million in Bitcoin to hackers earlier this week, days after their data was held as ransom by a group of unidentified individuals. дальше »
2020-7-2 00:00 | |
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Hacker Extort 116.4 Bitcoin from University of California San Francisco (UCSF)
The University of California San Francisco (UCSF) paid a ransom of $1.14 million in Bitcoin after a ransomware attack earlier this month, reported BBC News. The Netwalker criminal gang is believed to be behind the hack which was also linked to at least two other ransomware attacks on universities in the past two months. Michigan […] дальше »
2020-7-2 20:37 | |
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As DeFi Is Marred by $500k Hack, Compound Is Changing Its Governance Protocol
After the DeFi project Balancer got hit by a $500,000 hack earlier this week, other projects have seemingly taken notice and changing rules on token distribution and governance. Compound is the first of these, as per a governance report Tuesday. дальше »
2020-7-1 15:07 | |
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Bitcoin Avoids Deep Bearish Correction as Powell Pledges New Stimulus
Bitcoin was holding steady above $9,100-support as the Federal Reserve Chairman Jerome Powell pledged to consider additional stimulus. The BTC/USD pair earlier recovered by more than 150 percent from its March 13 low on Fed’s expansionary policies. дальше »
2020-7-1 11:58 | |
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New iPhone Update Shows TikTok, Others Could Be Snooping on Bitcoin Addresses
Popular iOS apps like TikTok might be snooping on sensitive user information such as Bitcoin addresses and bank passwords, security publication ArsTechnica reported earlier this week. Snooping on Bitcoin Addresses Reports from this week confirm last week’s release of Apple’s iOS 14 developer beta for iPhone alerts users when mobile apps “read” data from one’sRead MoreRead More. дальше »
2020-7-1 22:07 | |
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US Congress Banking Committee Discusses The Development Of Digital Money and Payments Systems
With over 32 bills on digital currencies and payment systems introduced in the 116th U. S Congress, these new technologies got yet another day in the lawmakers’ chambers. According to a remote hearing earlier today, the U. дальше »
2020-7-1 21:58 | |
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Cardano defies market-wide downtrend as correlation to Bitcoin plummets
After facing some overt weakness earlier this week, Cardano’s bulls have come back swinging, propelling ADA up by nearly four percent as the aggregated crypto market flashes some signs of weakness. дальше »
2020-7-1 02:00 | |
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Why Top Traders Expect Bitcoin to Hit $13,000 Despite Short-Term Weakness
Bitcoin appears to be incredibly weak from a short-term perspective. After breaking below $9,000 for a short period earlier this week, the crypto is once again at risk of breaking below the lower boundary of its long-held trading range. дальше »
2020-6-30 02:00 | |
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No, Bitcoin Breaking Below $9k Was Not a Bearish Breakout: Analyst
On Saturday, Bitcoin finally broke below $9,000 after a week of consolidation. When the asset slipped under this level, more than $20 million worth of longs on BitMEX were liquidated. This was in addition to the more than $40 million liquidated just two days earlier. дальше »
2020-6-29 23:30 | |
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Popular Bitcoin Wallet Electrum Now Supports the Lightning Network
Earlier this week, the popular Bitcoin wallet Electrum received a much-awaited update, with developers adding support for the Lightning Network. The latter allows for faster and cheaper BTC transactions, even as it remains under continuous development. дальше »
2020-6-29 17:07 | |
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53% of Bitcoin Options Just Expired, Marking a Historic Milestone
Bitcoin and Ethereum just saw their largest respective options expiry ever, marking a major milestone for the cryptocurrency market This expiry took place earlier today and it did not coincide with any intense volatility, despite what some analyst had forecasted It now appears that the volatility associated with this event did occur earlier this week It is possible that the options expiry, and investors’ anticipations about it, helped fuel the recent Bitcoin decline to lows […] дальше »
2020-6-27 02:00 | |
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FTX blasted after “creating tokens” to capture $1 million in value; but that’s what DeFi is supposed to be
An incident earlier this week showed what peak Decentralized Finance (DeFi) could look like — one where the smartest survive and rent-seekers are eradicated immediately. The post FTX blasted after “creating tokens” to capture $1 million in value; but that’s what DeFi is supposed to be appeared first on CryptoSlate. дальше »
2020-6-27 22:56 | |
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On-chain data accentuates that Cardano (ADA) is “mostly bearish”
The crypto market has seen a strong correction since its attempted breakout earlier this week, Cardano (ADA) has been no exception to this drop. The post On-chain data accentuates that Cardano (ADA) is “mostly bearish” appeared first on CryptoSlate. дальше »
2020-6-26 13:00 | |
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Grayscale Ethereum Trust (ETHE) Premium Collapses as Hedge Funds Liquidate their Holdings
This week, the price for the Grayscale Ethereum Trust has dropped more than 50% and nearly 60% since the June 4 high. This drop came despite the price of Ether trending upwards. Now the premium on the product is down, but still at over 300%, which went as high as 800% to Ether prices earlier […] дальше »
2020-6-25 16:58 | |
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These 4 Signs Show Bitcoin Is Likely to See a “Big” Move Down: Analyst
Bitcoin has already seen a strong reversal from the highs seen earlier this week. As of the time of this article’s writing, the flagship cryptocurrency trades at $9,200. This comes after it fell as low as $8,950 during a flash sell-off on Wednesday, with the price being depressed by a leveraged-long liquidation event. Unfortunately for […] дальше »
2020-6-25 13:00 | |
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ING Bank Launches ‘Travel Rule Protocol’ to Ease FATF Compliance for Crypto Businesses
In a report released earlier on Tuesday, ING launched the TRP joining forces with Standard Chartered, Fidelity Digital Assets, and several crypto-native firms, including BitGo, Crypto Broker AG, Metaco, 21 Analytics and OSL/BC Group. дальше »
2020-6-25 00:05 | |
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XRP users may see extended use of Uphold with XRPL labs and Ripple
As global payments revolutionize, Ripple wants to be an active participant in the process as it joined the Open Payments Coalition [OPC]. As announced earlier by the cross-border payments processor, 4The post XRP users may see extended use of Uphold with XRPL labs and Ripple appeared first on AMBCrypto. дальше »
2020-6-23 01:00 | |
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Fear of Libra’s Stablecoin Replacing Domestic Currencies Is Greatly “Overstated:” Fed Reserve
Federal Reserve economists disclose that project Libra’s ability to disrupt economies may have significantly been “overestimated” and overstated by policymakers. The report released on Monday shut down the extremist's statements that the earlier version of one Libra stablecoin could replace the global economic systems as we know them today. The report arose from a prototype […] дальше »
2020-6-23 21:36 | |
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DigiByte (DGB) sees its price surge 35% after Binance listing
Blockchain network Digibyte (DGB) has seen the price of its native token DGB skyrocket after it was listed on Binance earlier today. The post DigiByte (DGB) sees its price surge 35% after Binance listing appeared first on CryptoSlate. дальше »
2020-6-23 17:40 | |
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Binance Joins India’s Digital Exchange Committee, IAMAI, to Advance the Country’s Blockchain Industry
Binance, the leading crypto exchange globally, announced on Thursday that it had joined India's digital asset exchange committee under the Internet and Mobile Association (IAMAI). This comes a few months after the country's Supreme court overturned an earlier decision by the Reserve Bank of India (RBI) to ban crypto operations. Since this development, India is […] дальше »
2020-6-18 16:15 | |
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How Will Top Analyst’s S&P 500 All Time High Prediction Affect Bitcoin?
As Bitcoin maintains its positive correlation with the S&P 500, a top analyst has predicted an all-time high for the U. S. benchmark. Research firm DataTrek published a note earlier this week that the S&P would rise by another 14 percent by the end of 2020. дальше »
2020-6-18 16:00 | |
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Pundit Reveals Bitcoin’s Fair Price Based On High Correlation With The S&P 500 Index
Earlier today, Plan B, an investor and prominent cryptocurrency analyst with wide exposure across media channels, expressed his view on the similarity between market behavior of Bitcoin and the S&P 500 index, a benchmark index of 500 strongest players from America’s industry, which could yield positive results for BTC in the future. He expressed his […] дальше »
2020-6-18 00:55 | |
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Bitcoin and S&P 500 Cointegration has Trillions of Money Dripping Down into BTC
Bitcoin is back to trading around $9,500 after experiencing volatility earlier this week and last week before that. Bitcoin’s losses and gains have been in line with the US stock market which also posted gains on the hopes that the decision by the Federal Reserve to buy corporate bonds would propel a V-shaped recovery. The […] дальше »
2020-6-17 15:37 | |
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When Bitcoin Flashed This Signal in 2015, It Rallied 4,000%. It’s Back Again
With Bitcoin failing to break past the highs it established earlier this year, there have been some commentators seriously considering a steep correction. Ross Ulbricht, the founder of the Silk Road and one of the cryptocurrency’s earliest adopters, postulated that there’s a serious chance Bitcoin could revisit the $3,000s and maybe even lower. Ulbricht cited […] дальше »
2020-6-17 03:00 | |
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Here are the Simple Reasons Why Bitcoin May Soon Explode Past $10,500
After a brief break below $9,000 earlier this week, Bitcoin has been able to post a strong rebound from these lows, now navigating back up towards $9,600 This climb seen throughout yesterday is certainly positive for bulls, as it points to underlying strength amongst BTC’s buyers Analysts are now laying out a few simple reasons for why this recent price action could mark an accumulation pattern If this pattern plays out, then BTC is bound […] дальше »
2020-6-17 21:00 | |
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Six Blockchain Startups Selected On World Economic Forum’s (WEF) 2020 Tech Pioneers List
The World Economic Forum (WEF) has announced the list of technology pioneers, and among them were six blockchain-based startups. The announcement was made earlier today through the official WEF Twitter account. дальше »
2020-6-17 18:33 | |
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Bitcoin Finds Support at $9,000, Bitmain Woes and More: News Roundup
Ever since it hit a high of $10,429 at the start of the month, Bitcoin’s price has been dropping gradually. At press time, it stands at $9,220, having dropped 2% in the past 24 hours. The pioneer crypto hit $8,910 earlier today, its lowest since late May, but has since bounced back. дальше »
2020-6-16 21:18 | |
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Fed Board’s Divided Economic Predictions Reveal Economic Chaos
The Federal Reserve earlier this week released its economic predictions. The report, uninspiringly titled the Summary of Economic Predictions (SEP), highlights the Fed’s anticipated economic activity for the coming year. дальше »
2020-6-15 18:20 | |
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XRP, ETC, Dogecoin Price Analysis: June 14
Earlier in the week, Bitcoin had come extremely close to going past $10K mark - a price point that holds significance for BTC especially after its third block reward halving. However, since June 11, tThe post XRP, ETC, Dogecoin Price Analysis: June 14 appeared first on AMBCrypto. дальше »
2020-6-14 14:00 | |
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Analyst: Bitcoin Is Primed to Drop Under $9,000 Again After the Strong Bounce
Bitcoin has seen a strong recovery since plunging nearly $1,000 in approximately 12 hours earlier this week. As of the time of this article’s writing, the leading cryptocurrency trades for $9,500 — around 5% higher than the local lows. дальше »
2020-6-15 01:00 | |
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Experts’ Take On What Comes Next After Bitcoin Suddenly Plummets To $9,300
To say bitcoin has been volatile over the past few weeks would be a gross understatement. Earlier this month, the top crypto surged to almost $10.5K before quickly dropping to as little as $8,600. Again on Wednesday, BTC saw another large upside move as it attempted to break past $10,000. Unfortunately, the bears are having […] дальше »
2020-6-12 23:53 | |
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Over 22,000 BTC Flows Out of Coinbase; Users Retaliating to Exchange’s Deal with the US Govt.?
Earlier this week, a massive outflow of funds was registered on US-based cryptocurrency exchange Coinbase. The exchange saw a negative flow of 22,137 BTC, worth more than $214 million on Monday. WhaleAlert reported the transfer of 1,975 BTC from Coinbase to an unknown wallet on June 9th. дальше »
2020-6-11 19:21 | |
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Crypto Market Is Securing the Technical Level That Marked Bitcoin’s 2019 High
Last week, Bitcoin and the rest of the crypto market saw a harsh rejection at critical resistance levels. Within minutes, almost all digital assets plunged by 5%, shedding the gains they had seen the day earlier. дальше »
2020-6-8 13:00 | |
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Textbook Wyckoff Analysis Shows Bitcoin Is About to See a Brutal Drop to $7,000s
Since plunging as low as $8,600 earlier this week, Bitcoin has mounted a strong comeback that took prices as high as $9,900 on June 4th and 5th. The more than 10% bounce has convinced many traders of the bull case, hence why funding on futures exchanges remains positive, showing longs are more aggressive than shorts.... дальше »
2020-6-6 07:00 | |
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